Dimensional Fund Advisors LP Sells 86,602 Shares of Urban One, Inc. (NASDAQ:UONEK)

Dimensional Fund Advisors LP lessened its holdings in Urban One, Inc. (NASDAQ:UONEK) by 10.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 771,075 shares of the company’s stock after selling 86,602 shares during the quarter. Dimensional Fund Advisors LP owned 1.61% of Urban One worth $767,000 as of its most recent SEC filing.

Separately, Barclays PLC raised its position in Urban One by 51.1% during the fourth quarter. Barclays PLC now owns 757,230 shares of the company’s stock worth $753,000 after acquiring an additional 256,205 shares in the last quarter. 19.70% of the stock is currently owned by hedge funds and other institutional investors.

Urban One Stock Performance

NASDAQ UONEK opened at $0.67 on Friday. The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 2.90. The firm’s fifty day moving average price is $0.58 and its two-hundred day moving average price is $0.81. Urban One, Inc. has a 1 year low of $0.44 and a 1 year high of $1.87. The firm has a market capitalization of $32.10 million, a P/E ratio of -0.39 and a beta of 0.45.

Urban One (NASDAQ:UONEK) last posted its quarterly earnings results on Tuesday, May 13th. The company reported ($0.11) earnings per share (EPS) for the quarter. Urban One had a positive return on equity of 17.29% and a negative net margin of 17.82%. The firm had revenue of $92.24 million for the quarter.

Urban One Profile

Urban One, Inc, together with its subsidiaries, operates as an urban-oriented multi-media company in the United States. The company operates through four segments: Radio Broadcasting, Cable Television, Reach Media, and Digital. The Radio Broadcasting segment includes radio broadcasting operations that primarily target African-American and urban listeners.