Scripps Networks Interactive, Inc (SNI) Stake Lessened by WINTON GROUP Ltd

WINTON GROUP Ltd lowered its position in Scripps Networks Interactive, Inc (NASDAQ:SNI) by 84.8% during the third quarter, according to its most recent filing with the SEC. The firm owned 10,641 shares of the company’s stock after selling 59,263 shares during the period. WINTON GROUP Ltd’s holdings in Scripps Networks Interactive were worth $914,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of SNI. Alliancebernstein L.P. lifted its position in shares of Scripps Networks Interactive by 1,107.7% in the 2nd quarter. Alliancebernstein L.P. now owns 2,084,212 shares of the company’s stock worth $142,373,000 after purchasing an additional 1,911,635 shares during the period. BlackRock Inc. increased its stake in shares of Scripps Networks Interactive by 18.3% in the 2nd quarter. BlackRock Inc. now owns 8,455,399 shares of the company’s stock valued at $577,591,000 after acquiring an additional 1,308,844 shares in the last quarter. Cheyne Capital Management UK LLP bought a new stake in shares of Scripps Networks Interactive in the 3rd quarter valued at $1,796,000. Renaissance Technologies LLC increased its stake in shares of Scripps Networks Interactive by 312.1% in the 2nd quarter. Renaissance Technologies LLC now owns 1,293,300 shares of the company’s stock valued at $88,345,000 after acquiring an additional 979,500 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of Scripps Networks Interactive by 319.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,224,046 shares of the company’s stock valued at $83,614,000 after acquiring an additional 931,958 shares in the last quarter. Hedge funds and other institutional investors own 60.95% of the company’s stock.

Several analysts have recently weighed in on the stock. Royal Bank Of Canada set a $90.00 price objective on shares of Scripps Networks Interactive and gave the company a “hold” rating in a research note on Friday, October 20th. BidaskClub lowered shares of Scripps Networks Interactive from a “sell” rating to a “strong sell” rating in a research note on Friday, October 13th. Sanford C. Bernstein reiterated a “market perform” rating on shares of Scripps Networks Interactive in a research note on Tuesday, September 12th. Cowen reiterated a “hold” rating and issued a $90.00 price objective on shares of Scripps Networks Interactive in a research note on Friday, September 8th. Finally, KeyCorp reiterated a “hold” rating on shares of Scripps Networks Interactive in a research note on Friday, August 25th. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating and three have issued a buy rating to the stock. Scripps Networks Interactive presently has a consensus rating of “Hold” and a consensus target price of $85.62.

Shares of Scripps Networks Interactive, Inc (SNI) opened at $81.98 on Wednesday. The company has a market cap of $10,831.01, a price-to-earnings ratio of 15.47, a price-to-earnings-growth ratio of 2.11 and a beta of 1.45. The company has a debt-to-equity ratio of 0.90, a quick ratio of 3.19 and a current ratio of 3.19. Scripps Networks Interactive, Inc has a one year low of $64.87 and a one year high of $88.45.

Scripps Networks Interactive (NASDAQ:SNI) last announced its quarterly earnings results on Wednesday, November 1st. The company reported $1.05 EPS for the quarter, beating the Zacks’ consensus estimate of $0.96 by $0.09. The business had revenue of $825.53 million during the quarter, compared to analyst estimates of $838.63 million. Scripps Networks Interactive had a net margin of 17.46% and a return on equity of 27.04%. During the same quarter in the previous year, the business posted $1.26 EPS. equities research analysts forecast that Scripps Networks Interactive, Inc will post 5.53 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Sunday, December 10th. Shareholders of record on Thursday, November 30th will be paid a dividend of $0.30 per share. The ex-dividend date is Wednesday, November 29th. This represents a $1.20 dividend on an annualized basis and a yield of 1.46%. Scripps Networks Interactive’s dividend payout ratio (DPR) is presently 12.85%.

In other Scripps Networks Interactive news, Director Jeffrey Sagansky sold 1,077 shares of the business’s stock in a transaction on Friday, November 3rd. The shares were sold at an average price of $79.61, for a total transaction of $85,739.97. Following the completion of the sale, the director now owns 7,520 shares in the company, valued at approximately $598,667.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.50% of the company’s stock.

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Scripps Networks Interactive Profile

Scripps Networks Interactive, Inc is a developer of lifestyle-oriented content, providing primarily home, food, travel and other lifestyle-related programing. The Company’s content is distributed through multiple methods, including television, the Internet, digital platforms and licensing arrangements.

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Institutional Ownership by Quarter for Scripps Networks Interactive (NASDAQ:SNI)

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