Barr E S & Co Sells A Little More Gamco Investors (GBL) Stock

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Gamco Investors (NYSE:GBL).

Barr E S & Co says it lowered its position in Gamco Investors shares by 0.2% in its quarterly SEC filing. Its stake was worth $15,721,000 an increase of $55,000 as of quarter end.

The following firms have recently changed their position in GBL. As of quarter end California State Teachers Retirement System had sold a total of 797 shares trimming its holdings by 9.8%. The value of the investment in (GBL) decreased from $240,000 to $217,000 a change of 9.6% quarter over quarter. Alliancebernstein L.P. reduced its ownership by selling 300 shares a decrease of 1.5% as of 09/30/2017. Alliancebernstein L.P. now holds 19,585 shares valued at $583,000. The value of the position overall is down by 1.0%.

Dimensional Fund Advisors Lp expanded its holdings by buying 13,430 shares an increase of 8.8% in the quarter. Dimensional Fund Advisors Lp controls 165,287 shares worth $4,919,000. The total value of its holdings increased 9.4%.

In the market the company is trading down by 0.71% since yesterday’s close of 28.31. Gamco Investors’s P/E ratio is 8.83 and the market cap is 823.65M. In the latest earnings report the EPS was $3.18 with 10.08M shares presently outstanding.

Short traders are more bearish on shares of Gamco Investors if you consider the increase in short interest. The firm recorded a rise in short interest of 1.96% as of October 31, 2017 from the last reporting period. Short interest grew 2,757 over that timeframe. With short interest at 143,150 and short average daily volume at 20,332, the short-interest ratio is 7.0 and the percentage of shorted shares was 0.01% on October 31.

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