2,682 Shares in Lee Enterprises, Incorporated (NYSE:LEE) Bought by Barclays PLC

Barclays PLC acquired a new position in Lee Enterprises, Incorporated (NYSE:LEE) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,682 shares of the company’s stock, valued at approximately $40,000.

Several other large investors have also made changes to their positions in the business. MassMutual Private Wealth & Trust FSB bought a new position in shares of Lee Enterprises in the fourth quarter worth about $214,000. Truist Financial Corp acquired a new position in shares of Lee Enterprises in the 4th quarter valued at $3,251,000. Geode Capital Management LLC raised its position in shares of Lee Enterprises by 3.0% during the fourth quarter. Geode Capital Management LLC now owns 46,185 shares of the company’s stock worth $683,000 after purchasing an additional 1,335 shares during the period. Finally, Cannell Capital LLC lifted its stake in Lee Enterprises by 0.6% in the fourth quarter. Cannell Capital LLC now owns 215,158 shares of the company’s stock valued at $3,180,000 after buying an additional 1,352 shares in the last quarter. Institutional investors and hedge funds own 39.20% of the company’s stock.

Lee Enterprises Stock Performance

Shares of NYSE LEE opened at $7.36 on Friday. The company has a market capitalization of $45.57 million, a P/E ratio of -1.01 and a beta of 0.92. The company has a current ratio of 0.78, a quick ratio of 0.72 and a debt-to-equity ratio of 69.34. Lee Enterprises, Incorporated has a 12 month low of $7.18 and a 12 month high of $19.63. The stock has a 50 day moving average of $8.82 and a 200-day moving average of $12.25.

Lee Enterprises Company Profile

Lee Enterprises, Incorporated provides local news and information, and advertising services in the United States. The company offers digital subscription platforms; daily, weekly, and monthly newspapers and niche publications; and web hosting and content management services. It also provides advertising and marketing services, such as audience extension, search engine optimization, search engine marketing, web and mobile production, social media services, and reputation monitoring and management.