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Franklin Resources increased its stake in The New York Times Company, while Prudential Financial reduced its holdings.
Franklin Resources and Prudential Financial have adjusted their stakes in The New York Times Company.
Franklin Resources now owns 2.06% of the company, worth $175.7 million, while Prudential Financial reduced its holdings.
NYT's shares rose 20.2% in Q4 2019, and the company recently reported EPS of $0.80, beating estimates.
Institutional investors own 95.37% of the stock.
The company has a market cap of $8.2 billion and pays an annual dividend of $0.72, yielding 1.43%.
Analysts rate it as a "Moderate Buy" with a price target of $56.00.
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Franklin Resources aumentó su participación en The New York Times Company, mientras que Prudential Financial redujo sus participaciones.