Fmr LLC maintained its stake in Central European Media Enterprises Ltd. (NASDAQ:CETV) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 306,912 shares of the company’s stock at the end of the first quarter. Fmr LLC’s holdings in Central European Media Enterprises were worth $950,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. acquired a new position in shares of Central European Media Enterprises during the fourth quarter worth about $494,000. State Street Corp boosted its position in shares of Central European Media Enterprises by 4.6% in the fourth quarter. State Street Corp now owns 1,177,145 shares of the company’s stock worth $3,002,000 after buying an additional 51,679 shares during the last quarter. Renaissance Technologies LLC boosted its position in shares of Central European Media Enterprises by 136.9% in the fourth quarter. Renaissance Technologies LLC now owns 64,379 shares of the company’s stock worth $164,000 after buying an additional 37,200 shares during the last quarter. Metropolitan Life Insurance Co. NY acquired a new position in shares of Central European Media Enterprises during the fourth quarter worth about $122,000. Finally, Nationwide Fund Advisors boosted its position in shares of Central European Media Enterprises by 2.0% in the first quarter. Nationwide Fund Advisors now owns 54,016 shares of the company’s stock worth $167,000 after buying an additional 1,075 shares during the last quarter. 28.33% of the stock is currently owned by hedge funds and other institutional investors.

Central European Media Enterprises Ltd. (CETV) opened at 4.1994 on Monday. Central European Media Enterprises Ltd. has a 12 month low of $2.15 and a 12 month high of $4.55. The firm’s 50-day moving average is $4.18 and its 200-day moving average is $3.52. The firm has a market cap of $608.26 million, a PE ratio of 167.9760 and a beta of 1.04.

Central European Media Enterprises (NASDAQ:CETV) last released its earnings results on Tuesday, July 25th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.11. The company had revenue of $181.86 million for the quarter. Central European Media Enterprises had a negative return on equity of 18.46% and a net margin of 2.82%. Equities analysts expect that Central European Media Enterprises Ltd. will post $0.09 earnings per share for the current year.

WARNING: “Central European Media Enterprises Ltd. (NASDAQ:CETV) Position Held by Fmr LLC” was first reported by Daily Political and is owned by of Daily Political. If you are accessing this report on another site, it was illegally stolen and reposted in violation of United States and international copyright and trademark legislation. The legal version of this report can be viewed at https://www.dailypolitical.com/2017/08/07/central-european-media-enterprises-ltd-nasdaqcetv-position-held-by-fmr-llc.html.

A number of brokerages have issued reports on CETV. BidaskClub cut shares of Central European Media Enterprises from a “buy” rating to a “hold” rating in a research report on Saturday. Zacks Investment Research cut shares of Central European Media Enterprises from a “buy” rating to a “sell” rating in a research report on Monday, June 5th. Finally, TheStreet upgraded shares of Central European Media Enterprises from a “d” rating to a “c” rating in a research report on Wednesday, May 17th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $3.90.

In related news, insider Global Equity Master Fund Tcs sold 5,000,000 shares of the firm’s stock in a transaction dated Monday, July 10th. The stock was sold at an average price of $4.05, for a total value of $20,250,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.77% of the company’s stock.

Central European Media Enterprises Company Profile

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.

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

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