tronc, Inc. (NASDAQ:TRNC) has been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.

Brokers have set a 1 year consensus price objective of $20.00 for the company and are anticipating that the company will post $0.55 EPS for the current quarter, according to Zacks. Zacks has also given tronc an industry rank of 78 out of 265 based on the ratings given to related companies.

Several equities analysts have recently issued reports on the company. ValuEngine raised tronc from a “hold” rating to a “buy” rating in a research note on Sunday. Zacks Investment Research raised tronc from a “sell” rating to a “hold” rating in a research note on Tuesday, November 7th. Finally, Noble Financial reaffirmed a “buy” rating on shares of tronc in a research note on Thursday, September 7th.

Several institutional investors and hedge funds have recently modified their holdings of the company. Public Employees Retirement System of Ohio acquired a new position in shares of tronc during the third quarter valued at $193,000. Algert Global LLC lifted its stake in shares of tronc by 77.5% during the third quarter. Algert Global LLC now owns 180,607 shares of the company’s stock valued at $2,624,000 after acquiring an additional 78,841 shares during the period. Cornerstone Capital Management Holdings LLC. lifted its stake in shares of tronc by 9.7% during the third quarter. Cornerstone Capital Management Holdings LLC. now owns 195,301 shares of the company’s stock valued at $2,837,000 after acquiring an additional 17,200 shares during the period. OxFORD Asset Management LLP lifted its stake in shares of tronc by 47.7% during the third quarter. OxFORD Asset Management LLP now owns 57,339 shares of the company’s stock valued at $832,000 after acquiring an additional 18,520 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in shares of tronc by 27.3% during the third quarter. Dimensional Fund Advisors LP now owns 364,899 shares of the company’s stock valued at $5,302,000 after acquiring an additional 78,322 shares during the period. 36.04% of the stock is currently owned by institutional investors and hedge funds.

Shares of tronc (TRNC) opened at $17.86 on Thursday. The company has a debt-to-equity ratio of 4.98, a quick ratio of 1.53 and a current ratio of 1.57. tronc has a 1-year low of $10.80 and a 1-year high of $18.37. The company has a market capitalization of $612.50, a price-to-earnings ratio of 13.21 and a beta of 1.85.

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tronc Company Profile

tronc, Inc, formerly Tribune Publishing Company, is a media company. As of December 25, 2016, the Company operated over 150 titles in nine markets. Its portfolio of news and information brands are in markets, including Los Angeles and San Diego, California; Chicago, Illinois; Fort Lauderdale and Orlando, Florida; Baltimore, Maryland; Hartford, Connecticut; Allentown, Pennsylvania, and Newport News, Virginia.

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