DHX Media’s (DHXM) “Buy” Rating Reiterated at B. Riley
DHX Media (NASDAQ:DHXM)‘s stock had its “buy” rating reiterated by equities research analysts at B. Riley in a research note issued on Tuesday, TipRanks reports.
Separately, Echelon Wealth Partners reaffirmed a “buy” rating on shares of DHX Media in a research note on Thursday, February 14th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold”.
Shares of DHXM opened at $1.27 on Tuesday. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.93. DHX Media has a twelve month low of $0.80 and a twelve month high of $2.80.
Institutional investors and hedge funds have recently made changes to their positions in the business. Fiera Capital Corp bought a new position in DHX Media in the fourth quarter valued at approximately $397,000. Lido Advisors LLC lifted its stake in DHX Media by 10.6% in the fourth quarter. Lido Advisors LLC now owns 327,597 shares of the company’s stock valued at $547,000 after buying an additional 31,500 shares in the last quarter. Jane Street Group LLC bought a new position in DHX Media in the third quarter valued at approximately $168,000. Toronto Dominion Bank lifted its stake in DHX Media by 916.3% in the fourth quarter. Toronto Dominion Bank now owns 241,070 shares of the company’s stock valued at $395,000 after buying an additional 217,350 shares in the last quarter. Finally, EastBay Asset Management LLC lifted its stake in DHX Media by 19.0% in the fourth quarter. EastBay Asset Management LLC now owns 24,778,927 shares of the company’s stock valued at $55,505,000 after buying an additional 3,955,208 shares in the last quarter. 40.42% of the stock is currently owned by hedge funds and other institutional investors.
About DHX Media
DHX Media Ltd. develops, produces, distributes, broadcasts, and licenses television and film programs for conventional and specialty terrestrial and cable/satellite television broadcasters worldwide. The company operates through three segments: Content Business, DHX Television, and Consumer Products Represented.
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