IBIS Capital Partners LLP increased its stake in DHX Media Ltd. (NASDAQ:DHXM) by 4,225.6% during the third quarter, according to its most recent filing with the SEC. The fund owned 878,100 shares of the company’s stock after buying an additional 857,800 shares during the quarter. DHX Media accounts for approximately 3.5% of IBIS Capital Partners LLP’s portfolio, making the stock its 11th largest holding. IBIS Capital Partners LLP owned 0.85% of DHX Media worth $3,686,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of DHXM. Bandera Partners LLC bought a new stake in DHX Media in the 3rd quarter valued at about $4,300,000. Deprince Race & Zollo Inc. bought a new stake in DHX Media in the 2nd quarter valued at about $619,000. Cidel Asset Management Inc. raised its stake in DHX Media by 0.7% in the 2nd quarter. Cidel Asset Management Inc. now owns 153,600 shares of the company’s stock valued at $678,000 after acquiring an additional 1,000 shares during the period. Northern Right Capital Management L.P. raised its stake in DHX Media by 72.8% in the 2nd quarter. Northern Right Capital Management L.P. now owns 2,110,700 shares of the company’s stock valued at $9,287,000 after acquiring an additional 889,100 shares during the period. Finally, Bard Associates Inc. raised its stake in DHX Media by 0.4% in the 2nd quarter. Bard Associates Inc. now owns 884,972 shares of the company’s stock valued at $3,894,000 after acquiring an additional 3,525 shares during the period.
Shares of DHX Media Ltd. (NASDAQ:DHXM) opened at $3.20 on Wednesday. DHX Media Ltd. has a 52-week low of $2.95 and a 52-week high of $6.30. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.65 and a current ratio of 1.65.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 18th. Investors of record on Tuesday, November 28th will be given a $0.0158 dividend. This represents a $0.06 annualized dividend and a dividend yield of 1.97%. The ex-dividend date of this dividend is Monday, November 27th. DHX Media’s dividend payout ratio (DPR) is 300.00%.
Several equities research analysts have recently weighed in on DHXM shares. Royal Bank Of Canada cut DHX Media from an “outperform” rating to a “sector perform” rating in a research report on Thursday, September 28th. National Bank Financial cut DHX Media from an “outperform” rating to a “sector perform” rating in a research report on Thursday, September 28th. Finally, Canaccord Genuity cut DHX Media from a “buy” rating to a “hold” rating in a research report on Friday, September 29th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold”.
DHX Media Profile
DHX Media Ltd is a Canada-based creator, producer, distributor, licensor and broadcaster of kids and family television and film productions. The Company develops, produces and distributes films and television programs for the domestic and international market, broadcasts films and television programs for the domestic markets, as well, the Company manages copyrights, licensing and brands for third parties.
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