SG Americas Securities LLC acquired a new stake in shares of Central European Media Enterprises Ltd. (NASDAQ:CETV) during the first quarter, Holdings Channel reports. The institutional investor acquired 35,254 shares of the company’s stock, valued at approximately $109,000.

A number of other hedge funds also recently bought and sold shares of the stock. Metropolitan Life Insurance Co. NY bought a new stake in Central European Media Enterprises during the fourth quarter valued at approximately $122,000. Renaissance Technologies LLC increased its stake in Central European Media Enterprises by 136.9% in the fourth quarter. Renaissance Technologies LLC now owns 64,379 shares of the company’s stock valued at $164,000 after buying an additional 37,200 shares in the last quarter. Nationwide Fund Advisors increased its stake in Central European Media Enterprises by 2.0% in the first quarter. Nationwide Fund Advisors now owns 54,016 shares of the company’s stock valued at $167,000 after buying an additional 1,075 shares in the last quarter. Karp Capital Management Corp bought a new stake in Central European Media Enterprises during the first quarter valued at approximately $257,000. Finally, TD Asset Management Inc. increased its stake in Central European Media Enterprises by 24.7% in the first quarter. TD Asset Management Inc. now owns 119,600 shares of the company’s stock valued at $371,000 after buying an additional 23,700 shares in the last quarter. 29.01% of the stock is owned by hedge funds and other institutional investors.

Central European Media Enterprises Ltd. (NASDAQ:CETV) opened at 4.20 on Tuesday. The stock’s 50 day moving average price is $4.11 and its 200-day moving average price is $3.27. Central European Media Enterprises Ltd. has a 52 week low of $2.15 and a 52 week high of $4.55. The stock’s market capitalization is $606.57 million.

Central European Media Enterprises (NASDAQ:CETV) last issued its quarterly earnings data on Wednesday, April 26th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.02) by $0.07. The firm had revenue of $135 million during the quarter. Equities research analysts expect that Central European Media Enterprises Ltd. will post $0.10 earnings per share for the current year.

COPYRIGHT VIOLATION WARNING: “SG Americas Securities LLC Acquires Shares of 35,254 Central European Media Enterprises Ltd. (NASDAQ:CETV)” was originally reported by Daily Political and is owned by of Daily Political. If you are accessing this article on another website, it was illegally stolen and republished in violation of U.S. and international copyright law. The legal version of this article can be viewed at https://www.dailypolitical.com/2017/07/18/sg-americas-securities-llc-acquires-shares-of-35254-central-european-media-enterprises-ltd-nasdaqcetv.html.

Several research firms have commented on CETV. Zacks Investment Research downgraded Central European Media Enterprises from a “buy” rating to a “hold” rating in a research note on Tuesday, April 25th. TheStreet raised Central European Media Enterprises from a “d” rating to a “c” rating in a research note on Wednesday, May 17th. Finally, BidaskClub raised Central European Media Enterprises from a “hold” rating to a “buy” rating in a research note on Wednesday, July 12th. One equities research analyst has rated the stock with a sell rating and three have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $3.90.

In other news, insider Global Equity Master Fund Tcs sold 5,000,000 shares of the business’s stock in a transaction that occurred on Monday, July 10th. The stock was sold at an average price of $4.05, for a total transaction of $20,250,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 1.77% of the company’s stock.

About Central European Media Enterprises

Central European Media Enterprises Ltd. (CME Ltd.) is a media and entertainment company operating in Central and Eastern Europe. The Company’s assets are held through a series of Dutch and Curacao holding companies. The Company manages its business on a geographical basis, with six segments: Bulgaria, Croatia, the Czech Republic, Romania, the Slovak Republic and Slovenia.

Want to see what other hedge funds are holding CETV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Central European Media Enterprises Ltd. (NASDAQ:CETV).

Institutional Ownership by Quarter for Central European Media Enterprises (NASDAQ:CETV)

Receive News & Ratings for Central European Media Enterprises Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Central European Media Enterprises Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.