Dimensional Fund Advisors LP Has $3.19 Million Holdings in Reservoir Media, Inc. (NASDAQ:RSVR)

Dimensional Fund Advisors LP increased its stake in shares of Reservoir Media, Inc. (NASDAQ:RSVR - Free Report) by 18.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 352,568 shares of the company's stock after buying an additional 55,396 shares during the quarter. Dimensional Fund Advisors LP owned 0.54% of Reservoir Media worth $3,191,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of RSVR. Wells Fargo & Company MN increased its holdings in Reservoir Media by 22.4% during the 4th quarter. Wells Fargo & Company MN now owns 13,851 shares of the company's stock valued at $125,000 after purchasing an additional 2,531 shares in the last quarter. Meridian Wealth Advisors LLC increased its holdings in Reservoir Media by 49.7% during the 4th quarter. Meridian Wealth Advisors LLC now owns 14,974 shares of the company's stock valued at $136,000 after purchasing an additional 4,974 shares in the last quarter. Integrated Quantitative Investments LLC acquired a new stake in Reservoir Media during the 4th quarter valued at $304,000. Barclays PLC increased its holdings in Reservoir Media by 44.1% during the 3rd quarter. Barclays PLC now owns 60,988 shares of the company's stock valued at $495,000 after purchasing an additional 18,675 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Reservoir Media by 161.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 65,537 shares of the company's stock valued at $532,000 after purchasing an additional 40,484 shares in the last quarter. Institutional investors own 44.38% of the company's stock.

Reservoir Media Trading Up 1.1%

Shares of NASDAQ RSVR traded up $0.08 during midday trading on Monday, hitting $7.40. The stock had a trading volume of 30,006 shares, compared to its average volume of 45,165. The company's 50-day simple moving average is $7.28 and its 200 day simple moving average is $8.06. The firm has a market cap of $482.72 million, a P/E ratio of 67.28, a price-to-earnings-growth ratio of 7.16 and a beta of 0.90. Reservoir Media, Inc. has a fifty-two week low of $6.56 and a fifty-two week high of $9.83. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.20 and a quick ratio of 1.20.

Reservoir Media Company Profile

Reservoir Media, Inc operates as a music publishing company. It operates through two segments, Music Publishing and Recorded Music. The Music Publishing segment acquires interests in music catalogs, as well as signs songwriters. The Recorded Music segment engages in the acquisition of sound recording catalogs; discovery and development of recording artists; and marketing, distribution, sale, and licensing of the music catalogs.