Discovery, Scripps tie-up a subscale DIY fix
- Author: Eleanor Harrison Jul 21, 2017,
Jul 21, 2017, 0:31
Another trade for 54,728 shares valued at $4.36M was sold by Collins James C. Jr.
Coliseum Capital Management Llc holds 8.75% of its portfolio in Advanced Emissions Solutions, Inc. for 2.10 million shares. Scripps Jimmy R. sold 200,000 shares worth $13.93 million. The stock rose 1.43% or $1.1 reaching $77.99. Clark Estates Incorporated holds 0.49% of its portfolio in Scripps Networks Interactive, Inc.
On 11/12/2015 Scripps Networks Interactive announced a quarterly dividend of $0.23 with an ex dividend date of 11/25/2015 which will be payable on 12/10/2015. The fund owned 28,418 shares of the company's stock after buying an additional 16,065 shares during the period.
Hedge funds have recently modified their holdings of the company.
Shares in Scripps rose as much as 2.6 percent in NY to a high of $78.88. Unusual volume can be a major signal that investment gurus and momentum traders are piling into a stock ahead of a catalyst. Capital City Trust Company who had been investing in Scripps Networks Interact In for a number of months, seems to be less bullish one the $9.81B market cap company. Start from its liquidities ratios, and the co has current ratio of 2.40 that indicates if SNI lies in 1.3% to 3% then it is acceptable for both active and passive investors, but sometimes its varies industry to industry. The company reported $1.53 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.18 by $0.35. T_THO's profit would be $21.94 million giving it 24.61 P/E if the $0.07 EPS is correct. Thrivent Financial for Lutherans increased its position in E.W. Scripps Company (The) by 4.9% in the fourth quarter. During the same quarter in the prior year, the business posted $1.37 EPS. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and worldwide copyright and trademark law. The Company's divisions include U.S.
Scripps Networks is a tricky acquisition given that it has multiple Scripps family owners. Bank of America downgraded the shares of SNI in report on Thursday, October 27 to "Underperform" rating. As of the end of the quarter State Treasurer State Of Michigan had acquired a total of 100 shares growing its holdings by 0.3%. Reuters also says the current talks mark the third time that Scripps and Discovery have discussed a merger. Finally, Moffett Nathanson reaffirmed a "sell" rating on shares of Scripps Networks Interactive in a report on Friday, June 9th. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating.
The merger would bring together a stable of cable channels, including Discovery Channel, Animal Planet, TLC and Eurosport and Scripps' HGTV, Cooking Channel and Food Network. Shares for $705,706 were sold by SCRIPPS EDWARD W on Thursday, February 23. Following the completion of the transaction, the insider now directly owns 10,013 shares of the company's stock, valued at $711,023.13. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 26, 2017. These shares are worth $20,088,000 and were traded at $66.96 each.