Gamco Investors INC. ET AL Boosts Stake in Townsquare Media Inc (TSQ)
Gamco Investors INC. ET AL raised its stake in Townsquare Media Inc (NYSE:TSQ) by 53.0% in the fourth quarter, Holdings Channel reports. The fund owned 99,500 shares of the company’s stock after purchasing an additional 34,473 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Townsquare Media were worth $764,000 at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of the company. Teachers Advisors LLC lifted its holdings in shares of Townsquare Media by 10.5% in the second quarter. Teachers Advisors LLC now owns 21,344 shares of the company’s stock worth $219,000 after acquiring an additional 2,023 shares during the last quarter. Parametric Portfolio Associates LLC lifted its holdings in shares of Townsquare Media by 42.1% in the second quarter. Parametric Portfolio Associates LLC now owns 28,366 shares of the company’s stock worth $290,000 after acquiring an additional 8,401 shares during the last quarter. Citigroup Inc. lifted its holdings in shares of Townsquare Media by 81.8% in the second quarter. Citigroup Inc. now owns 22,084 shares of the company’s stock worth $227,000 after acquiring an additional 9,936 shares during the last quarter. GSA Capital Partners LLP bought a new position in shares of Townsquare Media in the second quarter worth about $114,000. Finally, Schwab Charles Investment Management Inc. lifted its holdings in shares of Townsquare Media by 119.4% in the third quarter. Schwab Charles Investment Management Inc. now owns 22,162 shares of the company’s stock worth $222,000 after acquiring an additional 12,062 shares during the last quarter. 47.87% of the stock is owned by hedge funds and other institutional investors.
Townsquare Media Inc (NYSE:TSQ) opened at $6.78 on Tuesday. Townsquare Media Inc has a 52 week low of $6.28 and a 52 week high of $13.01. The company has a quick ratio of 2.24, a current ratio of 2.24 and a debt-to-equity ratio of 1.38. The stock has a market capitalization of $122.87, a P/E ratio of 10.27, a PEG ratio of 1.64 and a beta of 1.43.
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About Townsquare Media
Townsquare Media, Inc is a media, entertainment and digital marketing solutions company principally focused on small and mid-sized markets across the United States. The Company operates through two segments: Local Advertising and Live Events. The Company’s Local Advertising segment offers broadcast, digital and mobile advertising within its local markets.
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