Lee Enterprises, Incorporated (LEE) Upgraded by TheStreet to C

TheStreet upgraded shares of Lee Enterprises, Incorporated (NYSE:LEE) from a d+ rating to a c rating in a research report sent to investors on Monday.

Separately, Zacks Investment Research raised shares of Lee Enterprises, from a sell rating to a hold rating in a report on Thursday, July 6th.

Shares of Lee Enterprises, (NYSE:LEE) opened at 2.40 on Monday. The stock has a market cap of $136.12 million, a PE ratio of 5.41 and a beta of 2.14. Lee Enterprises, has a one year low of $1.75 and a one year high of $3.65. The company has a 50-day moving average of $2.15 and a 200 day moving average of $2.16.

Lee Enterprises, (NYSE:LEE) last released its quarterly earnings data on Thursday, August 3rd. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.01). The business had revenue of $139.36 million during the quarter. Lee Enterprises, had a net margin of 4.30% and a negative return on equity of 16.83%. On average, analysts predict that Lee Enterprises, will post $0.42 earnings per share for the current year.

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Hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Lee Enterprises, by 1.3% during the second quarter. Vanguard Group Inc. now owns 1,972,683 shares of the company’s stock worth $3,749,000 after buying an additional 25,157 shares in the last quarter. North Star Investment Management Corp. boosted its holdings in Lee Enterprises, by 21.0% during the second quarter. North Star Investment Management Corp. now owns 1,067,000 shares of the company’s stock worth $2,027,000 after buying an additional 185,000 shares in the last quarter. Morgan Stanley boosted its holdings in Lee Enterprises, by 23.9% during the first quarter. Morgan Stanley now owns 459,648 shares of the company’s stock worth $1,194,000 after buying an additional 88,676 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Lee Enterprises, by 3.9% during the first quarter. Geode Capital Management LLC now owns 352,090 shares of the company’s stock worth $914,000 after buying an additional 13,140 shares in the last quarter. Finally, California Public Employees Retirement System boosted its holdings in Lee Enterprises, by 16.8% during the second quarter. California Public Employees Retirement System now owns 233,445 shares of the company’s stock worth $444,000 after buying an additional 33,600 shares in the last quarter. 31.85% of the stock is currently owned by institutional investors and hedge funds.

Lee Enterprises, Company Profile

Lee Enterprises, Incorporated is a provider of local news and information, and a platform for print and digital advertising. The Company’s products included 46 daily and 34 Sunday newspapers, 300 weekly newspapers, and classified and niche publications, as of September 25, 2016. The Company also provides a range of digital products, including video, digital couponing, behavioral targeting, audience r

Separately, Zacks Investment Research raised shares of Lee Enterprises, from a sell rating to a hold rating in a report on Thursday, July 6th.

Shares of Lee Enterprises, (NYSE:LEE) opened at 2.40 on Monday. The stock has a market cap of $136.12 million, a PE ratio of 5.41 and a beta of 2.14. Lee Enterprises, has a one year low of $1.75 and a one year high of $3.65. The company has a 50-day moving average of $2.15 and a 200 day moving average of $2.16.

Lee Enterprises, (NYSE:LEE) last released its quarterly earnings data on Thursday, August 3rd. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.01). The business had revenue of $139.36 million during the quarter. Lee Enterprises, had a net margin of 4.30% and a negative return on equity of 16.83%. On average, analysts predict that Lee Enterprises, will post $0.42 earnings per share for the current year.

TRADEMARK VIOLATION WARNING: This piece was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece on another publication, it was illegally stolen and reposted in violation of U.S. and international copyright & trademark legislation. The original version of this piece can be viewed at https://ledgergazette.com/2017/10/11/lee-enterprises-incorporated-lee-upgraded-by-thestreet-to-c.html.

Hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Lee Enterprises, by 1.3% during the second quarter. Vanguard Group Inc. now owns 1,972,683 shares of the company’s stock worth $3,749,000 after buying an additional 25,157 shares in the last quarter. North Star Investment Management Corp. boosted its holdings in Lee Enterprises, by 21.0% during the second quarter. North Star Investment Management Corp. now owns 1,067,000 shares of the company’s stock worth $2,027,000 after buying an additional 185,000 shares in the last quarter. Morgan Stanley boosted its holdings in Lee Enterprises, by 23.9% during the first quarter. Morgan Stanley now owns 459,648 shares of the company’s stock worth $1,194,000 after buying an additional 88,676 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Lee Enterprises, by 3.9% during the first quarter. Geode Capital Management LLC now owns 352,090 shares of the company’s stock worth $914,000 after buying an additional 13,140 shares in the last quarter. Finally, California Public Employees Retirement System boosted its holdings in Lee Enterprises, by 16.8% during the second quarter. California Public Employees Retirement System now owns 233,445 shares of the company’s stock worth $444,000 after buying an additional 33,600 shares in the last quarter. 31.85% of the stock is currently owned by institutional investors and hedge funds.

Lee Enterprises, Company Profile

Lee Enterprises, Incorporated is a provider of local news and information, and a platform for print and digital advertising. The Company’s products included 46 daily and 34 Sunday newspapers, 300 weekly newspapers, and classified and niche publications, as of September 25, 2016. The Company also provides a range of digital products, including video, digital couponing, behavioral targeting, audience retargeting, banner advertisements and social networking.

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