Landscape Capital Management L.L.C. Sells 5,591 Shares of General American Investors Company, Inc. (NYSE:GAM)

Landscape Capital Management L.L.C. lessened its position in General American Investors Company, Inc. (NYSE:GAM) by 16.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,792 shares of the investment management company’s stock after selling 5,591 shares during the quarter. Landscape Capital Management L.L.C. owned 0.12% of General American Investors worth $1,490,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Blue Bell Private Wealth Management LLC boosted its holdings in shares of General American Investors by 3.7% during the second quarter. Blue Bell Private Wealth Management LLC now owns 675,276 shares of the investment management company’s stock worth $33,575,000 after purchasing an additional 24,196 shares during the period. Cornerstone Advisors LLC grew its position in shares of General American Investors by 24.8% in the 2nd quarter. Cornerstone Advisors LLC now owns 441,951 shares of the investment management company’s stock worth $21,974,000 after buying an additional 87,843 shares during the last quarter. Pathstone Holdings LLC increased its stake in shares of General American Investors by 31.9% during the third quarter. Pathstone Holdings LLC now owns 330,584 shares of the investment management company’s stock valued at $17,731,000 after buying an additional 79,975 shares during the period. Shaker Financial Services LLC raised its holdings in shares of General American Investors by 41.9% during the second quarter. Shaker Financial Services LLC now owns 108,528 shares of the investment management company’s stock valued at $5,396,000 after acquiring an additional 32,065 shares in the last quarter. Finally, Wolverine Asset Management LLC lifted its stake in General American Investors by 22.8% in the second quarter. Wolverine Asset Management LLC now owns 68,305 shares of the investment management company’s stock worth $3,396,000 after acquiring an additional 12,663 shares during the period. Hedge funds and other institutional investors own 36.85% of the company’s stock.

General American Investors Price Performance

GAM stock opened at $49.93 on Friday. General American Investors Company, Inc. has a 1 year low of $41.11 and a 1 year high of $55.44. The firm has a 50-day moving average of $53.28 and a 200 day moving average of $51.17.

General American Investors Announces Dividend

The business also recently announced an annual dividend, which will be paid on Friday, December 27th. Shareholders of record on Monday, November 18th will be paid a dividend of $0.45 per share. The ex-dividend date is Monday, November 18th. This represents a yield of 0.8%.

General American Investors Profile

General American Investors Company, Inc is a publicly owned investment manager. The firm invests in the public equity markets of United States. It invests in growth stocks of companies. It makes investments in Information Technology, Financials, Consumer Staples, Consumer Discretionary, Retailing, Communication Services, Industrials, Health Care, Energy and Materials.