The Technical Analyst
Tri-Continental Corp [TY]
Exchange: NYSE Sector: Financial Services Industry: Asset Management
Tri-Continental Corp Price, Forecast, Insider, Ratings, Fundamentals & Signals
0.63% $30.44
America/New_York / 9 mai 2024 @ 13:54
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 1 631.02 mill |
| EPS: | 4.78 |
| P/E: | 6.37 |
| Earnings Date: | Mar 01, 2024 |
| SharesOutstanding: | 53.58 mill |
| Avg Daily Volume: | 0.0364 mill |
| RATING 2024-05-09 |
|---|
| B+ |
| Neutral |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Sell | |
| Return On Equity: | Strong Buy | |
| Return On Asset: | Strong Buy | |
| DE: | Strong Sell | |
| P/E: | Sell | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 2/21 | 4/21 | 2/22 | 4/22 | 2/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt | n/a | n/a | n/a | n/a |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.64x |
| Company: PE 6.37 | sector: PE 9.91 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.32x |
| Company: PE 6.37 | industry: PE 20.04 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$0.713 (-97.66%) $-29.73 |
| Date: 2024-05-09 |
| Expected Trading Range (DAY) |
|---|
|
$ 30.09 - 30.80 ( +/- 1.17%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-03-01 | Waldner Matthew M | Sell | 0 | Tri-Continental Corporation Common Stock |
| 2024-03-01 | Waldner Matthew M | Buy | 0 | Tri-Continental Corporation Common Stock |
| 2023-08-29 | Carrig Janet | Sell | 27 | Tri-Continental Corporation Common Stock |
| 2024-01-15 | Asselta Francine | Buy | 0 | |
| 2024-01-15 | Kutin Joshua | Buy | 0 |
| INSIDER POWER |
|---|
| 98.00 |
| Last 89 transactions |
| Buy: 22 525 | Sell: 6 527 |
Forecast:
15:33 - $30.40
Live Trading Signals (every 1 min)
Forecast
1: 14:03 - $30.45
Forecast 2: 14:53 - $30.32
Forecast 3: 15:33 - $30.40
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $30.44 (0.63% ) |
| Volume | 0.0159 mill |
| Avg. Vol. | 0.0364 mill |
| % of Avg. Vol | 43.58 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For TY
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
TY
Tri-Continental Corporation is a closed ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. It primarily invests in the public equity markets of the United States. The fund invests in stocks of companies that operate across diversified sectors. It seeks to invest in stocks of large-cap companies. The fund benchmarks the performance of its portfolio against S&P 500 Index. Tri-Continental Corporation was formed in January 1929 and is domiciled in the United States.
Latest Press Releases
2024-03-14 12:23:00 - Press Release
Tri-continental Corporation Announcements Regarding 94th Annual Meeting Of Stockholders
Boston--(business wire)--the board of directors (the board) of tri-continental corporation (the corporation) (nyse: ty) today announced that the corporation's 94th annual meeting of stockholders will be held on june 25, 2024 (the meeting) in minneapolis, mn. the close of business on april 16, 2024 has been fixed by the corporation's board as the record date for the determination of stockholders entitled to notice of, and to vote at, the meeting or any postponement or adjournment thereof. at the.
2024-03-01 09:00:00 - Press Release
Tri-continental Corporation Declares First Quarter Distribution
Boston--(business wire)--tri-continental corporation (the “corporation”) (nyse: ty) today declared a first quarter ordinary income distribution of $0.2560 per share of common stock and $0.6250 per share of preferred stock. distributions on common stock will be paid on march 19, 2024 to common stockholders of record on march 11, 2024, and dividends on preferred stock will be paid on april 1, 2024 to preferred stockholders of record on march 11, 2024. the ex-dividend date for both the common stoc.
2023-09-01 09:00:00 - Press Release
Tri-continental Corporation Declares Third Quarter Distribution
Boston--(business wire)--tri-continental corporation (the “corporation”) (nyse: ty) today declared a third quarter ordinary income distribution of $0.2607 per share of common stock and $0.6250 per share of preferred stock. distributions on common stock will be paid on september 19, 2023 to common stockholders of record on september 11, 2023 and dividends on preferred stock will be paid on october 2, 2023 to preferred stockholders of record on september 11, 2023. the ex-dividend date for both th.
2021-09-03 10:08:00 - Press Release
Tri-continental Corporation Declares Third Quarter Distribution
Boston--(business wire)--tri-continental corporation (the “corporation”) (nyse: ty) today declared a third quarter ordinary income distribution of $0.2986 per share of common stock and $0.6250 per share of preferred stock. distributions on common stock will be paid on september 23, 2021 to common stockholders of record on september 15, 2021 and dividends on preferred stock will be paid on october 1, 2021 to preferred stockholders of record on september 15, 2021. the ex-dividend date for both th
2021-06-11 12:29:00 - Press Release
Tri-continental Corporation Holds 91st Annual Meeting Of Stockholders
Boston--(business wire)--tri-continental corporation (the “corporation”) (nyse: ty) today virtually held its 91st annual meeting of stockholders (the “meeting”). stockholders voted in favor of the recommendations of the corporation's board of directors (the “board”) on each of two proposals at the meeting. specifically, stockholders elected two directors, ms. sandra yeager and mr. christopher o. petersen, each for a term that will expire at the corporation's 2022 annual meeting of stockholders,
Latest News
2023-12-03 08:43:39 - Seeking Alpha
Tri-Continental Corp: Thank You For Delivering A Solid 2023
Tri-Continental Corporation is a well-managed closed-end fund with strong long-term performance and a sustainable distribution yield. TY is well positioned in the current equity markets, with top holdings in leading growth stocks like Microsoft, Apple, Alphabet, Meta, and Nvidia. TY has consistently delivered impressive returns over the long-term and pays distributions based on earnings, unlike "return of principal" funds.
2023-09-15 05:44:01 - Seeking Alpha
TY: Low-Cost Balanced CEF Available At A Nice Discount To NAV
Tri-Continental Corporation is an attractive closed-end fund selling at a 13% discount. TY is a balanced fund with a focus on long-term capital growth and current income. The fund has a very low expense ratio, uses modest fixed-cost leverage, and is an excellent core holding for investors concerned about market overvaluation.
2023-04-30 12:01:00 - Market Watch
Stock-market investors want an answer to this key question from the Fed
Multiple risks are swirling simultaneously in U.S. in financial markets and for the world's largest economy as Federal Reserve policy makers prepare to meet in Washington this week. The most crucial question facing investors in the week ahead is whether, after delivering a widely expected quarter-of-a-percentage point interest rate hike on Wednesday, policy makers will show a willingness to hold off on further rate rises in order to assess the damage from their year-long campaign to lower inflation.
2023-03-15 12:22:49 - Seeking Alpha
U.S. Zombie Firms With The Highest Potential Credit Risks
The Federal Reserve commissioned a study in 2021 to evaluate, "How Many U.S. Zombie Firms and How Consequential?" In the wake of the largest banking collapses since 2008, this article evaluates which firms may most be at risk from a credit event.
2023-02-08 21:15:10 - Seeking Alpha
TY: Extract Dividends From The S&P 500 Via This CEF
Tri-Continental is an equities CEF. The fund targets long-term capital growth and current income by constructing a portfolio similar to the S&P 500 but with a Value tilt.
2022-11-09 10:00:00 - Seeking Alpha
TY CEF: Trailing Other Investment Choices
The Tri-Continental Corporation (TY) is another CEF that dates back to 1929. It seeks to invest in stocks of large-cap companies, but may invest in fixed income assets too. This article covers TY in detail and I compare its results against three other investment choices that could be viewed, at least by me, as alternatives.
2022-10-28 16:41:32 - Seeking Alpha
Tri-Continental: Solid Balanced Fund With Opportunity For High Distributions
Tri-Continental Corporation is a closed-end fund that has been around for over 90 years. It has a strong performance track record, with 10Yr average total returns of 10.6%.
2022-04-25 19:06:08 - Seeking Alpha
TY: Robust Equity CEF Mirroring The S&P 500
TY is a very robust equity CEF that employs minimum leverage and has posted very healthy long-term results. The fund's trailing total returns on a 5- and 10-year lookback stand at 13.6% and 13.2%, respectively.
2021-11-01 03:02:08 - Seeking Alpha
Tri-Continental: A Solid Balanced Fund With A Good Long-Term Performance Record
TY is a solid balanced fund with a low expense ratio and good long-term performance. The fund was created in 1929.
2021-09-03 10:08:00 - Business Wire
Tri-Continental Corporation Declares Third Quarter Distribution
BOSTON--(BUSINESS WIRE)--Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today declared a third quarter ordinary income distribution of $0.2986 per share of Common Stock and $0.6250 per share of Preferred Stock. Distributions on Common Stock will be paid on September 23, 2021 to Common Stockholders of record on September 15, 2021 and dividends on Preferred Stock will be paid on October 1, 2021 to Preferred Stockholders of record on September 15, 2021. The ex-dividend date for both th