Institutional Investors Lead Shift in Central European Media Enterprises LTD (NASDAQ:CETV) Sentiment

June 14, 2017 - By Kurt Siggers

 Institutional Investors Lead Shift in Central European Media Enterprises LTD (NASDAQ:CETV) Sentiment

Sentiment for Central European Media Enterprises LTD (NASDAQ:CETV)

Central European Media Enterprises LTD (NASDAQ:CETV) institutional sentiment increased to 2 in Q4 2016. Its up 1.08, from 0.92 in 2016Q3. The ratio is more positive, as 38 funds opened new and increased equity positions, while 19 trimmed and sold stakes in Central European Media Enterprises LTD. The funds in our partner’s database reported: 39.64 million shares, up from 36.86 million shares in 2016Q3. Also, the number of funds holding Central European Media Enterprises LTD in their top 10 equity positions decreased from 3 to 2 for a decrease of 1. Sold All: 3 Reduced: 16 Increased: 26 New Position: 12.

Central European Media Enterprises Ltd. is a media and entertainment firm operating in Central and Eastern Europe. The company has market cap of $636.00 million. The Company’s assets are held through a series of Dutch and Curacao holding companies. It currently has negative earnings. The Firm manages its business on a geographical basis, with six divisions: Bulgaria, Croatia, the Czech Republic, Romania, the Slovak Republic and Slovenia.

About 36,527 shares traded. Central European Media Enterprises Ltd. (NASDAQ:CETV) has risen 73.16% since June 14, 2016 and is uptrending. It has outperformed by 56.46% the S&P500.

Analysts await Central European Media Enterprises Ltd. (NASDAQ:CETV) to report earnings on July, 25. They expect $0.06 EPS, up 100.00 % or $0.03 from last year’s $0.03 per share. CETV’s profit will be $8.98 million for 17.71 P/E if the $0.06 EPS becomes a reality. After $-0.09 actual EPS reported by Central European Media Enterprises Ltd. for the previous quarter, Wall Street now forecasts -166.67 % EPS growth.

Tcs Capital Management Llc holds 25.38% of its portfolio in Central European Media Enterprises Ltd. for 18.14 million shares. Bhr Capital Llc owns 1.25 million shares or 6.54% of their US portfolio. Moreover, Kamunting Street Capital Management L.P. has 0.54% invested in the company for 259,846 shares. The Connecticut-based Discovery Capital Management Llc Ct has invested 0.21% in the stock. American International Group Inc, a New York-based fund reported 43,976 shares.#img1#

Since January 1, 0001, it had 0 buys, and 2 insider sales for $83,278 activity.

More notable recent Central European Media Enterprises Ltd. (NASDAQ:CETV) news were published by: Seekingalpha.com which released: “Acquisition And Following Debt Restructuring Mean Upside Potential For Central …” on October 19, 2016, also Seekingalpha.com with their article: “Central European Media’s Newest Activist” published on December 02, 2015, Fool.com published: “Why Central European Media Enterprises Ltd. Jumped 22% Today” on April 26, 2017. More interesting news about Central European Media Enterprises Ltd. (NASDAQ:CETV) were released by: Reuters.com and their article: “BRIEF-TCS Capital Management urges Central European Media Enterprises to hire …” published on January 17, 2017 as well as Seekingalpha.com‘s news article titled: “Central European Media Enterprises’ (CETV) CEO Michael Del Nin and Christoph …” with publication date: April 26, 2017.

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