Bank of New York Mellon Corp decreased its holdings in Saga Communications, Inc. (NYSEAMERICAN:SGA) by 3.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,256 shares of the company’s stock after selling 1,572 shares during the period. Bank of New York Mellon Corp owned 0.65% of Saga Communications worth $1,384,000 at the end of the most recent reporting period.
Separately, BlackRock Inc. grew its stake in Saga Communications by 3.8% during the second quarter. BlackRock Inc. now owns 292,265 shares of the company’s stock valued at $11,253,000 after acquiring an additional 10,613 shares in the last quarter.
Shares of NYSEAMERICAN:SGA opened at $34.10 on Friday. Saga Communications, Inc. has a 12 month low of $30.05 and a 12 month high of $40.10.
Saga Communications, Inc, a broadcast company, acquires, develops, and operates broadcast properties in the United States. The company's radio stations employ various programming formats, including classic hits, adult hits, top 40, country, country legends, mainstream/hot/soft adult contemporary, pure oldies, classic rock, and news/talk.
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