JPMorgan Chase & Co. lowered its position in shares of Central European Media Enterprises Ltd. (NASDAQ:CETV) by 46.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 67,111 shares of the company’s stock after selling 58,758 shares during the quarter. JPMorgan Chase & Co.’s holdings in Central European Media Enterprises were worth $268,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Geode Capital Management LLC grew its holdings in Central European Media Enterprises by 2.7% during the first quarter. Geode Capital Management LLC now owns 614,433 shares of the company’s stock valued at $1,904,000 after purchasing an additional 16,011 shares during the period. Karp Capital Management Corp acquired a new position in shares of Central European Media Enterprises in the first quarter valued at approximately $257,000. Bank of New York Mellon Corp boosted its holdings in shares of Central European Media Enterprises by 9.2% in the first quarter. Bank of New York Mellon Corp now owns 340,747 shares of the company’s stock valued at $1,056,000 after buying an additional 28,679 shares during the period. Renaissance Technologies LLC boosted its holdings in shares of Central European Media Enterprises by 248.3% in the first quarter. Renaissance Technologies LLC now owns 224,233 shares of the company’s stock valued at $695,000 after buying an additional 159,854 shares during the period. Finally, SG Americas Securities LLC acquired a new position in shares of Central European Media Enterprises in the first quarter valued at approximately $109,000. Hedge funds and other institutional investors own 28.28% of the company’s stock.

Central European Media Enterprises Ltd. (CETV) opened at 4.60 on Friday. Central European Media Enterprises Ltd. has a 12-month low of $2.25 and a 12-month high of $4.85. The firm has a market cap of $666.29 million, a PE ratio of 184.00 and a beta of 0.98. The stock has a 50 day moving average of $4.30 and a 200 day moving average of $4.12.

Central European Media Enterprises (NASDAQ:CETV) last released its quarterly earnings data on Tuesday, October 24th. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.07. The company had revenue of $119.43 million during the quarter. Central European Media Enterprises had a net margin of 4.70% and a negative return on equity of 42.57%. On average, equities research analysts anticipate that Central European Media Enterprises Ltd. will post $0.07 EPS for the current fiscal year.

Separately, BidaskClub upgraded shares of Central European Media Enterprises from a “hold” rating to a “buy” rating in a report on Friday, August 25th.

TRADEMARK VIOLATION WARNING: This story was first reported by Daily Political and is owned by of Daily Political. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of US & international trademark & copyright laws. The legal version of this story can be viewed at https://www.dailypolitical.com/2017/10/27/jpmorgan-chase-co-has-268000-position-in-central-european-media-enterprises-ltd-cetv.html.

Central European Media Enterprises 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.

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.