NYSE:TY - Tri Continental Stock Price, Price Target & More

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$27.08 -0.03 (-0.11 %)
(As of 05/20/2018 04:00 PM ET)
Previous Close$27.08
Today's Range$27.01 - $27.17
52-Week Range$22.63 - $28.32
Volume79,462 shs
Average Volume53,792 shs
Market Capitalization$1.51 billion
P/E RatioN/A
Dividend Yield3.88%
Beta0.88

About Tri Continental (NYSE:TY)

Tri-Continental Corp. is a diversified, closed-end management investment company. It invests primarily for the longer term and its objective is to produce future growth of both capital and income while providing reasonable current income. The company was founded on January 14, 1929 and is headquartered in Boston, MA.

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Industry, Sector and Symbol

Industry Investment offices, not elsewhere classified
Sub-IndustryN/A
SectorFinance
SymbolNYSE:TY
CUSIPN/A
WebN/A
PhoneN/A

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares55,900,000

Tri Continental (NYSE:TY) Frequently Asked Questions

What is Tri Continental's stock symbol?

Tri Continental trades on the New York Stock Exchange (NYSE) under the ticker symbol "TY."

How often does Tri Continental pay dividends? What is the dividend yield for Tri Continental?

Tri Continental announced a quarterly dividend on Friday, March 9th. Stockholders of record on Thursday, March 22nd will be given a dividend of $0.23 per share on Thursday, March 29th. This represents a $0.92 annualized dividend and a dividend yield of 3.40%. The ex-dividend date is Wednesday, March 21st. View Tri Continental's Dividend History.

Who are some of Tri Continental's key competitors?

Who are Tri Continental's key executives?

Tri Continental's management team includes the folowing people:
  • Christopher O. Petersen, President & Chief Executive Officer
  • Michael G. Clarke, CFO, Treasurer & Chief Accounting Officer
  • Thomas P. McGuire, Chief Compliance Officer & Senior Vice President
  • Paul B. Goucher, Chief Legal Officer, SVP & Assistant Secretary
  • Colin Moore, Senior Vice President

Has Tri Continental been receiving favorable news coverage?

Media stories about TY stock have been trending somewhat positive on Sunday, according to Accern. The research firm scores the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tri Continental earned a media sentiment score of 0.14 on Accern's scale. They also gave news coverage about the investment management company an impact score of 45.87 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Who are Tri Continental's major shareholders?

Tri Continental's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Relative Value Partners Group LLC (2.38%), Blue Bell Private Wealth Management LLC (1.07%), 1607 Capital Partners LLC (0.52%), Shaker Financial Services LLC (0.36%), Wells Fargo & Company MN (0.31%) and UBS Group AG (0.19%). Company insiders that own Tri Continental stock include David L King, Pamela G Carlton, Peter Albanese and Yan Jin. View Institutional Ownership Trends for Tri Continental.

Which major investors are selling Tri Continental stock?

TY stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Relative Value Partners Group LLC, PNC Financial Services Group Inc., Landscape Capital Management L.L.C., Successful Portfolios LLC, Commonwealth Equity Services LLC and Brinker Capital Inc.. View Insider Buying and Selling for Tri Continental.

Which major investors are buying Tri Continental stock?

TY stock was acquired by a variety of institutional investors in the last quarter, including Shaker Financial Services LLC, AdvisorNet Financial Inc, Baird Financial Group Inc., 1607 Capital Partners LLC, UBS Group AG, Blue Bell Private Wealth Management LLC, Sei Investments Co. and Kelman Lazarov Inc.. Company insiders that have bought Tri Continental stock in the last two years include David L King, Pamela G Carlton, Peter Albanese and Yan Jin. View Insider Buying and Selling for Tri Continental.

How do I buy shares of Tri Continental?

Shares of TY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Tri Continental's stock price today?

One share of TY stock can currently be purchased for approximately $27.08.

How big of a company is Tri Continental?

Tri Continental has a market capitalization of $1.51 billion.


MarketBeat Community Rating for Tri Continental (TY)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  69 (Vote Outperform)
Underperform Votes:  111 (Vote Underperform)
Total Votes:  180
MarketBeat's community ratings are surveys of what our community members think about Tri Continental and other stocks. Vote "Outperform" if you believe TY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TY will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Tri Continental (NYSE:TY) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
(Data available from 5/20/2016 forward)

Earnings

Dividends

Tri Continental (NYSE:TY) Dividend Information

Tri Continental pays an annual dividend of $1.05 per share, with a dividend yield of 3.88%. TY's most recent quarterly dividend payment was Thursday, March 29.
Most Recent Dividend:3/29/2018
Annual Dividend:$1.05
Dividend Yield:3.88%
Dividend Growth:15.90% (3 Year Average)
Payout Ratio(s):N/A
Frequency:Quarterly Dividend
Dividend Payments by Quarter for Tri Continental (NYSE:TY)

Tri Continental (NYSE:TY) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/9/2018Quarterly$0.233/21/20183/22/20183/29/2018
3/12/2018quarterly$0.23013.34%3/16/20183/19/20183/27/2018
11/24/2017quarterly$0.30944.7%12/20/201712/21/201712/29/2017
9/8/2017quarterly$0.26144.15%9/14/20179/18/20179/26/2017
6/9/2017quarterly$0.25094.15%6/15/20176/19/20176/27/2017
3/10/2017quarterly$0.25104.31%3/16/20173/20/20173/28/2017
12/9/2016quarterly$0.2412/15/201612/19/201612/27/2016
9/9/2016quarterly$0.23369/15/20169/19/20169/27/2016
6/10/2016quarterly$0.22014.29%6/16/20166/20/20166/28/2016
3/4/2016quarterly$0.21554.41%3/10/20163/14/20163/22/2016
12/7/2015quarterly$0.20904.12%12/10/201512/14/201512/22/2015
9/8/2015quarterly$0.19503.88%9/10/20159/14/20159/22/2015
6/8/2015quarterly$0.20103.72%6/11/20156/15/20156/23/2015
3/6/2015quarterly$0.20503.74%3/12/20153/16/20153/24/2015
12/5/2014quarterly$0.20053.73%12/11/201412/15/201412/23/2014
9/5/2014quarterly$0.19253.6%9/11/20149/15/20149/23/2014
6/6/2014quarterly$0.18503.53%6/12/20146/16/20146/24/2014
3/7/2014quarterly$0.17253.44%3/13/20143/17/20143/25/2014
12/9/2013quarterly$0.16253.32%12/12/201312/16/201312/24/2013
9/6/2013quarterly$0.16203.5%9/12/20139/16/20139/24/2013
(Data available from 1/1/2013 forward)

Insider Trades

Tri Continental (NYSE TY) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 8.66%
Institutional Ownership Percentage: 11.16%
Insider Trading History for Tri Continental (NYSE:TY)
Institutional Ownership by Quarter for Tri Continental (NYSE:TY)

Tri Continental (NYSE TY) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
4/10/2018Pamela G. CarltonDirectorBuy2,100$15.55$32,655.00View SEC Filing  
4/4/2018Pamela G. CarltonDirectorSell100$15.90$1,590.00View SEC Filing  
3/22/2017David L KingInsiderBuy10,000$22.86$228,600.00130,100View SEC Filing  
3/13/2017Yan JinInsiderBuy2,000$23.22$46,440.00View SEC Filing  
2/8/2017Peter AlbaneseInsiderBuy10,000$22.77$227,700.002,500View SEC Filing  
2/3/2017Yan JinInsiderBuy1,000$22.63$22,630.005,500View SEC Filing  
2/1/2017David L KingInsiderBuy5,000$22.56$112,800.00127,295View SEC Filing  
12/11/2015Brian Matthew CondonPortfolio ManagerBuy2,500$19.58$48,950.0017,500View SEC Filing  
10/5/2015Brian Matthew CondonPortfolio ManagerBuy3,000$19.67$59,010.0015,000View SEC Filing  
3/19/2015Yan JinPortfolio ManagerBuy1,500$21.69$32,535.00View SEC Filing  
3/9/2015David L KingPortfolio ManagerBuy10,000$21.88$218,800.00View SEC Filing  
3/2/2015Brian Matthew CondonPortfolio ManagerBuy4,500$22.08$99,360.00View SEC Filing  
6/9/2014Yan JinPortfolio ManagerBuy1,200$20.99$25,188.00View SEC Filing  
4/17/2014Brian Matthew CondonPortfolio ManagerBuy2,855$20.06$57,271.30View SEC Filing  
3/20/2014Brian Matthew CondonPortfolio ManagerBuy2,145$19.94$42,771.30View SEC Filing  
6/20/2013David L KingPortfolio ManagerBuy30,000$17.75$532,500.00View SEC Filing  
3/18/2013Todd WhiteInsiderBuy10,000$17.42$174,200.00View SEC Filing  
3/4/2013Todd WhiteInsiderBuy9,000$17.16$154,440.00View SEC Filing  
1/17/2013David L KingPortfolio ManagerBuy15,000$16.85$252,750.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Tri Continental (NYSE TY) News Headlines

Source:
DateHeadline
9Neighborhoods: The first colonists to come to Denver settled in this neighborhood (Photos)9Neighborhoods: The first colonists to come to Denver settled in this neighborhood (Photos)
www.bizjournals.com - March 24 at 10:14 AM
Form POS 8C TRI-CONTINENTAL CORPForm POS 8C TRI-CONTINENTAL CORP
www.streetinsider.com - March 20 at 10:06 AM
Tri-Continental Co. to Issue Quarterly Dividend of $0.23 (TY)Tri-Continental Co. to Issue Quarterly Dividend of $0.23 (TY)
www.americanbankingnews.com - March 16 at 8:10 AM
Tri-Continental Corporation Revises Record and Payable Dates for First Quarter DistributionTri-Continental Corporation Revises Record and Payable Dates for First Quarter Distribution
finance.yahoo.com - March 13 at 10:26 AM
Tri-Continental Co. (TY) to Issue $0.23 Quarterly DividendTri-Continental Co. (TY) to Issue $0.23 Quarterly Dividend
www.americanbankingnews.com - March 12 at 5:46 PM
Pamela G. Carlton Purchases 2,100 Shares of Tri-Continental Co. (TY) StockPamela G. Carlton Purchases 2,100 Shares of Tri-Continental Co. (TY) Stock
www.americanbankingnews.com - March 9 at 1:02 PM
Tri-Continental Corporation Declares First Quarter DistributionTri-Continental Corporation Declares First Quarter Distribution
finance.yahoo.com - March 9 at 10:55 AM
Tri-Continental Corporation Announcements Regarding 88th Annual Meeting of StockholdersTri-Continental Corporation Announcements Regarding 88th Annual Meeting of Stockholders
finance.yahoo.com - February 2 at 4:58 PM
Tri-Continental Corporation Announces Two New Directors and Record and Meeting Dates for 88th Annual Meeting of StockholdersTri-Continental Corporation Announces Two New Directors and Record and Meeting Dates for 88th Annual Meeting of Stockholders
finance.yahoo.com - December 20 at 11:02 AM
Tri-Continental Corporation Additional Information about Fourth Quarter Capital Gain DistributionTri-Continental Corporation Additional Information about Fourth Quarter Capital Gain Distribution
finance.yahoo.com - December 7 at 11:30 AM
Daily Dividend Report: TY, CWCO, WR, G, GNTXDaily Dividend Report: TY, CWCO, WR, G, GNTX
www.msn.com - November 28 at 11:26 AM
Tri Continental Corporation (TY) Declares Quarterly Dividend of $0.31Tri Continental Corporation (TY) Declares Quarterly Dividend of $0.31
www.americanbankingnews.com - November 24 at 1:28 PM
Mike Bloomberg says London will stay Europes financial centre though dumb Brexit will cut growthMike Bloomberg says London will stay Europe's financial centre though 'dumb' Brexit will cut growth
uk.finance.yahoo.com - November 14 at 12:50 PM
Cash Dividend On The Way From Tri Continental (TY)Cash Dividend On The Way From Tri Continental (TY)
www.nasdaq.com - September 14 at 12:01 PM
CORRECTING and REPLACING Tri-Continental Corporation Declares Third Quarter DistributionCORRECTING and REPLACING Tri-Continental Corporation Declares Third Quarter Distribution
finance.yahoo.com - September 12 at 11:26 AM
Tri Continental Corporation (TY) to Issue Quarterly Dividend of $0.26Tri Continental Corporation (TY) to Issue Quarterly Dividend of $0.26
www.americanbankingnews.com - September 8 at 2:22 PM
Tri-Continental Corporation Is An Alternative To Vanguard WellingtonTri-Continental Corporation Is An Alternative To Vanguard Wellington
seekingalpha.com - June 29 at 7:40 AM
How This Little Known Investment Can Help Boost Your Retirement as the Fed Raises RatesHow This Little Known Investment Can Help Boost Your Retirement as the Fed Raises Rates
www.thestreet.com - December 20 at 5:30 PM
Reminder - Tri Continental (TY) Goes Ex-Dividend SoonReminder - Tri Continental (TY) Goes Ex-Dividend Soon
www.nasdaq.com - September 14 at 8:03 PM
Closed-End Equity Funds: Unlocking Value Through Shareholder ActivismClosed-End Equity Funds: Unlocking Value Through Shareholder Activism
www.forbes.com - July 12 at 12:19 PM
TRI-CONTINENTAL CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and ExhibitsTRI-CONTINENTAL CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - December 4 at 11:14 AM
TRI-CONTINENTAL CORP Files SEC form 8-K, Regulation FD DisclosureTRI-CONTINENTAL CORP Files SEC form 8-K, Regulation FD Disclosure
biz.yahoo.com - June 5 at 2:40 PM

SEC Filings

Tri Continental (NYSE:TY) SEC Filings

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Social Media

Financials

Tri Continental (NYSE:TY) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Tri Continental (NYSE TY) Stock Chart for Sunday, May, 20, 2018

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This page was last updated on 5/20/2018 by MarketBeat.com Staff

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