EastBay Asset Management LLC Acquires 3,989,888 Shares of DHX Media Ltd. (DHXM)

EastBay Asset Management LLC lifted its holdings in shares of DHX Media Ltd. (NASDAQ:DHXM) by 23.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 20,823,719 shares of the company’s stock after buying an additional 3,989,888 shares during the period. DHX Media makes up about 4.7% of EastBay Asset Management LLC’s portfolio, making the stock its 6th biggest holding. EastBay Asset Management LLC owned about 0.16% of DHX Media worth $29,978,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Bank of Montreal Can lifted its holdings in shares of DHX Media by 1,022.2% during the 2nd quarter. Bank of Montreal Can now owns 102,122 shares of the company’s stock valued at $214,000 after acquiring an additional 93,022 shares in the last quarter. Toronto Dominion Bank lifted its holdings in shares of DHX Media by 6,841,181.0% during the 2nd quarter. Toronto Dominion Bank now owns 1,436,669 shares of the company’s stock valued at $2,984,000 after acquiring an additional 1,436,648 shares in the last quarter. Lido Advisors LLC lifted its holdings in shares of DHX Media by 55.2% during the 2nd quarter. Lido Advisors LLC now owns 346,388 shares of the company’s stock valued at $727,000 after acquiring an additional 123,187 shares in the last quarter. PenderFund Capital Management Ltd. acquired a new position in shares of DHX Media during the 2nd quarter valued at $1,261,000. Finally, Fiera Capital Corp acquired a new position in shares of DHX Media during the 2nd quarter valued at $13,207,000. Institutional investors and hedge funds own 56.76% of the company’s stock.

Shares of NASDAQ:DHXM traded up $0.09 during midday trading on Thursday, hitting $1.50. 510 shares of the company’s stock traded hands, compared to its average volume of 98,127. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 1.86. The firm has a market capitalization of $201.36 million, a price-to-earnings ratio of 150.00 and a beta of 0.89. DHX Media Ltd. has a twelve month low of $0.80 and a twelve month high of $4.00.

Separately, BidaskClub lowered shares of DHX Media from a “sell” rating to a “strong sell” rating in a report on Saturday, July 7th.

DHX Media Profile

DHX Media Ltd. develops, produces, distributes, broadcasts, and licenses television and film programs for conventional and specialty terrestrial and cable/satellite television broadcasters worldwide. The company operates through three segments: Content Business, DHX Television, and Consumer Products Represented.

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Institutional Ownership by Quarter for DHX Media (NASDAQ:DHXM)

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