DHX Media (NASDAQ:DHXM) was upgraded by equities researchers at B. Riley from a “neutral” rating to a “buy” rating in a note issued to investors on Tuesday, February 5th, Marketbeat reports.
Several other brokerages have also recently weighed in on DHXM. National Bank Financial cut DHX Media from a “sector perform” rating to an “underperform” rating in a research note on Monday, December 10th. BidaskClub raised DHX Media from a “hold” rating to a “buy” rating in a research note on Wednesday, November 21st. CIBC cut DHX Media from a “neutral” rating to an “underperform” rating in a research note on Wednesday, November 14th. TD Securities restated a “hold” rating on shares of DHX Media in a report on Tuesday, November 13th. Finally, Canaccord Genuity restated a “hold” rating on shares of DHX Media in a report on Tuesday, November 13th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold”.
Shares of NASDAQ:DHXM traded up $0.07 during mid-day trading on Tuesday, reaching $1.70. The stock had a trading volume of 1,265 shares, compared to its average volume of 131,134. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 0.90. DHX Media has a 1 year low of $0.80 and a 1 year high of $3.70.
DHX Media (NASDAQ:DHXM) last issued its quarterly earnings data on Tuesday, February 12th. The company reported ($0.10) earnings per share for the quarter. DHX Media had a negative return on equity of 2.51% and a negative net margin of 5.73%. The company had revenue of $88.55 million for the quarter.
Several institutional investors and hedge funds have recently modified their holdings of the company. Fiera Capital Corp purchased a new stake in shares of DHX Media during the 4th quarter valued at $397,000. Toronto Dominion Bank lifted its holdings in shares of DHX Media by 916.3% during the 4th quarter. Toronto Dominion Bank now owns 241,070 shares of the company’s stock valued at $395,000 after purchasing an additional 217,350 shares during the last quarter. EastBay Asset Management LLC lifted its holdings in shares of DHX Media by 19.0% during the 4th quarter. EastBay Asset Management LLC now owns 24,778,927 shares of the company’s stock valued at $55,505,000 after purchasing an additional 3,955,208 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of DHX Media during the 3rd quarter valued at $168,000. Finally, Primecap Management Co. CA purchased a new stake in shares of DHX Media during the 3rd quarter valued at $15,554,000. Hedge funds and other institutional investors own 57.31% of the company’s stock.
About DHX Media
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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