26,675 Shares in Central European Media Enterprises Ltd. (NASDAQ:CETV) Purchased by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Central European Media Enterprises Ltd. (NASDAQ:CETV) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 26,675 shares of the company’s stock, valued at approximately $106,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc raised its stake in shares of Central European Media Enterprises by 6.3% in the third quarter. Vanguard Group Inc now owns 1,638,471 shares of the company’s stock valued at $6,145,000 after acquiring an additional 97,335 shares during the last quarter. Vanguard Group Inc. raised its position in Central European Media Enterprises by 6.3% in the 3rd quarter. Vanguard Group Inc. now owns 1,638,471 shares of the company’s stock worth $6,145,000 after purchasing an additional 97,335 shares during the last quarter. Geode Capital Management LLC raised its position in Central European Media Enterprises by 15.1% in the 4th quarter. Geode Capital Management LLC now owns 1,039,354 shares of the company’s stock worth $2,889,000 after purchasing an additional 136,662 shares during the last quarter. Barclays PLC raised its position in Central European Media Enterprises by 444.2% in the 4th quarter. Barclays PLC now owns 766,914 shares of the company’s stock worth $2,132,000 after purchasing an additional 625,991 shares during the last quarter. Finally, FMR LLC raised its position in Central European Media Enterprises by 18.4% in the 4th quarter. FMR LLC now owns 506,512 shares of the company’s stock worth $1,408,000 after purchasing an additional 78,800 shares during the last quarter. 10.52% of the stock is currently owned by institutional investors and hedge funds.

Several research analysts recently weighed in on CETV shares. BidaskClub upgraded shares of Central European Media Enterprises from a “hold” rating to a “buy” rating in a research report on Wednesday, June 19th. TheStreet upgraded shares of Central European Media Enterprises from a “c+” rating to a “b” rating in a research report on Wednesday, May 15th.

Shares of Central European Media Enterprises stock traded up $0.15 on Friday, hitting $4.36. 536,085 shares of the company’s stock traded hands, compared to its average volume of 347,043. The firm has a 50-day moving average price of $3.89. The company has a market cap of $1.06 billion, a PE ratio of 16.11 and a beta of 1.15. Central European Media Enterprises Ltd. has a one year low of $2.67 and a one year high of $4.43. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 3.15.

Central European Media Enterprises (NASDAQ:CETV) last issued its earnings results on Tuesday, April 30th. The company reported $0.03 EPS for the quarter. The company had revenue of $146.56 million during the quarter. Central European Media Enterprises had a net margin of 24.66% and a return on equity of 53.69%.

Central European Media Enterprises Profile

Central European Media Enterprises Ltd. operates as a media and entertainment company in Bulgaria, the Czech Republic, Romania, the Slovak Republic, and Slovenia. It broadcasts a total of 31 television channels, including general entertainment and other channels. The company also develops and produces content for television channels; and provides television content through various portals, including Voyo, a subscription video-on-demand service, and advertising supported catch-up services on its Websites, as well as operates a portfolio of digital media products that complement its news programming and other television station-related brands.

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

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