Tri-continental Corp (NYSE:TY) Institutional Investors Sentiment Increased in 2018 Q2

Sentiment for Tri-continental Corp (NYSE:TY)

Tri-continental Corp (NYSE:TY) institutional sentiment increased to 2.41 in 2018 Q2. Its up 1.51, from 0.9 in 2018Q1. The ratio has improved, as 41 institutional investors opened new and increased positions, while 17 sold and trimmed positions in Tri-continental Corp. The institutional investors in our partner’s database now hold: 5.11 million shares, up from 4.75 million shares in 2018Q1. Also, the number of institutional investors holding Tri-continental Corp in their top 10 positions was flat from 2 to 2 for the same number . Sold All: 2 Reduced: 15 Increased: 31 New Position: 10.

Tri-Continental Corporation is a closed ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. The company has market cap of $1.40 billion. It primarily invests in the public equity markets of the United States. It has a 5.83 P/E ratio. The fund invests in stocks of companies that operate across diversified sectors.

The stock decreased 0.77% or $0.2 during the last trading session, reaching $25.61. About 139,426 shares traded or 111.52% up from the average. Tri-Continental Corporation (NYSE:TY) has risen 11.92% since December 8, 2017 and is uptrending. It has underperformed by 3.70% the S&P500.

Blue Bell Private Wealth Management Llc holds 6.97% of its portfolio in Tri-Continental Corporation for 578,840 shares. Shaker Financial Services Llc owns 342,551 shares or 4.48% of their US portfolio. Moreover, Bulldog Investors Llc has 1.69% invested in the company for 242,143 shares. The Alabama-based Cornerstone Advisors Inc has invested 1.44% in the stock. Dubuque Bank & Trust Co, a Iowa-based fund reported 199,992 shares.

Since January 1, 0001, it had 0 buys, and 1 sale for $151,272 activity.

More notable recent Tri-Continental Corporation (NYSE:TY) news were published by: Bizjournals.com which released: “California State Parks takes ownership of Railyards’ shops – Sacramento Business Journal” on November 29, 2018, also Seekingalpha.com with their article: “Tri-Continental: Only Buy at a Substantial Discount – Seeking Alpha” published on March 24, 2011, Seekingalpha.com published: “Tri-Continental declares $0.2385 dividend – Seeking Alpha” on September 07, 2018. More interesting news about Tri-Continental Corporation (NYSE:TY) were released by: Businesswire.com and their article: “Tri-Continental Corporation Declares Second Quarter Distribution – Business Wire” published on May 25, 2018 as well as Seekingalpha.com‘s news article titled: “Loop Industries’ Problems Are More Than Plastic – Seeking Alpha” with publication date: December 07, 2018.

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