Alta Fundamental Advisers LLC Buys New Stake in Radio One, Inc. (UONEK)

Alta Fundamental Advisers LLC purchased a new position in shares of Radio One, Inc. (NASDAQ:UONEK) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 573,749 shares of the company’s stock, valued at approximately $1,291,000. Radio One makes up about 1.1% of Alta Fundamental Advisers LLC’s portfolio, making the stock its 15th biggest holding. Alta Fundamental Advisers LLC owned 1.20% of Radio One at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of UONEK. Spark Investment Management LLC bought a new stake in shares of Radio One during the 2nd quarter valued at $110,000. Northern Trust Corp bought a new position in Radio One in the 2nd quarter worth about $116,000. Parkwood LLC bought a new position in Radio One in the 2nd quarter worth about $124,000. LMR Partners LLP bought a new position in Radio One in the 2nd quarter worth about $140,000. Finally, Goldman Sachs Group Inc. bought a new position in Radio One in the 2nd quarter worth about $279,000. 39.05% of the stock is currently owned by institutional investors.

Shares of Radio One, Inc. (UONEK) traded down 5.26% during trading on Tuesday, reaching $1.80. The company’s stock had a trading volume of 9,889 shares. The firm’s 50-day moving average is $1.75 and its 200-day moving average is $2.16. The stock’s market capitalization is $84.61 million. Radio One, Inc. has a 12-month low of $1.50 and a 12-month high of $3.50.

Radio One (NASDAQ:UONEK) last issued its earnings results on Wednesday, August 2nd. The company reported $0.02 earnings per share for the quarter. The firm had revenue of $117.64 million for the quarter. Radio One had a negative return on equity of 1.75% and a negative net margin of 1.20%.

ILLEGAL ACTIVITY WARNING: This news story was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this news story on another domain, it was stolen and reposted in violation of United States & international trademark and copyright law. The original version of this news story can be viewed at https://ledgergazette.com/2017/10/17/alta-fundamental-advisers-llc-purchases-shares-of-573749-radio-one-inc-uonek.html.

About Radio One

Urban One, Inc, formerly Radio One, Inc, together with its subsidiaries, is an urban-oriented, multi-media company. The Company

Several other hedge funds and other institutional investors have also recently modified their holdings of UONEK. Spark Investment Management LLC bought a new stake in shares of Radio One during the 2nd quarter valued at $110,000. Northern Trust Corp bought a new position in Radio One in the 2nd quarter worth about $116,000. Parkwood LLC bought a new position in Radio One in the 2nd quarter worth about $124,000. LMR Partners LLP bought a new position in Radio One in the 2nd quarter worth about $140,000. Finally, Goldman Sachs Group Inc. bought a new position in Radio One in the 2nd quarter worth about $279,000. 39.05% of the stock is currently owned by institutional investors.

Shares of Radio One, Inc. (UONEK) traded down 5.26% during trading on Tuesday, reaching $1.80. The company’s stock had a trading volume of 9,889 shares. The firm’s 50-day moving average is $1.75 and its 200-day moving average is $2.16. The stock’s market capitalization is $84.61 million. Radio One, Inc. has a 12-month low of $1.50 and a 12-month high of $3.50.

Radio One (NASDAQ:UONEK) last issued its earnings results on Wednesday, August 2nd. The company reported $0.02 earnings per share for the quarter. The firm had revenue of $117.64 million for the quarter. Radio One had a negative return on equity of 1.75% and a negative net margin of 1.20%.

ILLEGAL ACTIVITY WARNING: This news story was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this news story on another domain, it was stolen and reposted in violation of United States & international trademark and copyright law. The original version of this news story can be viewed at https://ledgergazette.com/2017/10/17/alta-fundamental-advisers-llc-purchases-shares-of-573749-radio-one-inc-uonek.html.

About Radio One

Urban One, Inc, formerly Radio One, Inc, together with its subsidiaries, is an urban-oriented, multi-media company. The Company’s radio broadcasting franchise business primarily targets African-American and urban listeners. It operates through four segments: radio broadcasting; Reach Media, Inc (Reach Media); Internet, and cable television.

Institutional Ownership by Quarter for Radio One (NASDAQ:UONEK)

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