Fine Capital Partners, L.P. Acquires 55,090 Shares of DHX Media Ltd. (DHX) Stock

DHX Media Ltd. (TSE:DHX) insider Fine Capital Partners, L.P. purchased 55,090 shares of the firm’s stock in a transaction dated Friday, November 30th. The stock was acquired at an average price of C$2.66 per share, with a total value of C$146,539.40.

Fine Capital Partners, L.P. also recently made the following trade(s):

  • On Monday, December 3rd, Fine Capital Partners, L.P. purchased 16,260 shares of DHX Media stock. The stock was acquired at an average price of C$2.73 per share, with a total value of C$44,389.80.
  • On Friday, November 23rd, Fine Capital Partners, L.P. purchased 113,900 shares of DHX Media stock. The stock was acquired at an average price of C$2.50 per share, with a total value of C$284,750.00.
  • On Tuesday, November 27th, Fine Capital Partners, L.P. purchased 350,000 shares of DHX Media stock. The stock was acquired at an average price of C$2.48 per share, with a total value of C$868,000.00.
  • On Monday, November 19th, Fine Capital Partners, L.P. purchased 61,330 shares of DHX Media stock. The stock was acquired at an average price of C$2.33 per share, with a total value of C$142,898.90.
  • On Wednesday, November 21st, Fine Capital Partners, L.P. purchased 326,000 shares of DHX Media stock. The stock was acquired at an average price of C$2.34 per share, with a total value of C$762,840.00.

DHX Media stock traded up C$0.08 during mid-day trading on Monday, reaching C$3.60. 1,395,493 shares of the stock traded hands, compared to its average volume of 910,901. The company has a current ratio of 1.71, a quick ratio of 1.03 and a debt-to-equity ratio of 108.84. DHX Media Ltd. has a 12-month low of C$1.09 and a 12-month high of C$3.68.

DHX Media (TSE:DHX) last posted its quarterly earnings data on Tuesday, November 13th. The company reported C($0.02) EPS for the quarter, beating analysts’ consensus estimates of C($0.05) by C$0.03. The firm had revenue of C$104.04 million for the quarter, compared to analysts’ expectations of C$95.20 million. As a group, sell-side analysts forecast that DHX Media Ltd. will post 0.01 earnings per share for the current fiscal year.

DHX has been the subject of several recent analyst reports. BMO Capital Markets decreased their price target on DHX Media from C$2.50 to C$1.50 in a research note on Wednesday, September 26th. Echelon Wealth Partners cut DHX Media from a “buy” rating to a “speculative buy” rating and reduced their price objective for the company from C$5.75 to C$3.75 in a research report on Friday, September 14th. TD Securities reduced their price objective on DHX Media from C$3.75 to C$1.30 and set a “hold” rating for the company in a research report on Friday, September 14th. National Bank Financial reduced their price objective on DHX Media from C$4.00 to C$1.50 and set a “sector perform” rating for the company in a research report on Friday, September 14th. Finally, Cormark upped their price objective on DHX Media from C$1.50 to C$1.80 in a research report on Wednesday, September 26th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. DHX Media presently has an average rating of “Hold” and a consensus target price of C$2.72.

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DHX Media Company 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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Insider Buying and Selling by Quarter for DHX Media (TSE:DHX)

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