Gamco Investors, Inc. (NYSE:GBL) insider Der Eb Henry Van sold 882 shares of the stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $29.13, for a total transaction of $25,692.66. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Gamco Investors, Inc. (NYSE:GBL) traded down $0.23 on Thursday, hitting $28.82. 47,239 shares of the company were exchanged, compared to its average volume of 24,159. The company has a quick ratio of 0.90, a current ratio of 1.67 and a debt-to-equity ratio of -1.95. Gamco Investors, Inc. has a 12 month low of $27.55 and a 12 month high of $32.62. The firm has a market cap of $852.67, a price-to-earnings ratio of 10.34 and a beta of 1.04.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 10th. Investors of record on Wednesday, December 27th will be issued a $0.02 dividend. The ex-dividend date of this dividend is Tuesday, December 26th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.28%. Gamco Investors’s dividend payout ratio is presently 2.50%.

Several institutional investors and hedge funds have recently bought and sold shares of GBL. Vanguard Group Inc. raised its holdings in shares of Gamco Investors by 6.7% in the 1st quarter. Vanguard Group Inc. now owns 376,843 shares of the closed-end fund’s stock worth $11,150,000 after acquiring an additional 23,589 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Gamco Investors by 3.6% in the 1st quarter. Geode Capital Management LLC now owns 33,228 shares of the closed-end fund’s stock worth $983,000 after acquiring an additional 1,146 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Gamco Investors by 9.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 135,373 shares of the closed-end fund’s stock worth $4,006,000 after acquiring an additional 11,229 shares during the last quarter. Schwab Charles Investment Management Inc. raised its holdings in shares of Gamco Investors by 3.0% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 29,072 shares of the closed-end fund’s stock worth $861,000 after acquiring an additional 855 shares during the last quarter. Finally, Beach Investment Management LLC. acquired a new stake in shares of Gamco Investors in the 2nd quarter worth about $352,000. Institutional investors own 25.66% of the company’s stock.

Separately, BidaskClub upgraded shares of Gamco Investors from a “sell” rating to a “hold” rating in a report on Wednesday, August 23rd.

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Gamco Investors Company Profile

GAMCO Investors, Inc is a holding company. The Company is a provider of investment advisory services to open and closed-end funds, institutional and private wealth management investors principally in the United States. The Company operates through the investment advisory and asset management business segment.

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