Shares of DHX Media (NASDAQ:DHXM) have earned an average rating of “Buy” from the seven ratings firms that are covering the company. Seven investment analysts have rated the stock with a buy rating. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $9.58.

DHXM has been the topic of a number of research analyst reports. TD Securities restated a “buy” rating and issued a $9.00 price target (down previously from $9.50) on shares of DHX Media in a research note on Friday, September 30th. Scotiabank restated an “outperform” rating and issued a $9.00 price target on shares of DHX Media in a research note on Friday, September 30th. RBC Capital Markets restated an “outperform” rating and issued a $10.00 price target on shares of DHX Media in a research note on Friday, September 23rd. Finally, National Bank Financial upgraded DHX Media from a “sector perform” rating to an “outperform” rating and increased their price target for the company from $8.00 to $8.50 in a research note on Thursday, November 10th.

DHX Media (NASDAQ:DHXM) opened at 5.05 on Wednesday. DHX Media has a 12 month low of $4.56 and a 12 month high of $7.40. The company’s 50-day moving average is $5.09 and its 200 day moving average is $5.36. The firm has a market cap of $675.56 million and a P/E ratio of 30.98.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 16th. Investors of record on Tuesday, November 29th will be given a $0.0134 dividend. This represents a $0.05 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date of this dividend is Friday, November 25th.

A number of hedge funds and other institutional investors have recently bought and sold shares of DHXM. Bank of Montreal Can purchased a new stake in DHX Media during the second quarter valued at $126,000. Cidel Asset Management Inc. increased its stake in shares of DHX Media by 0.9% in the second quarter. Cidel Asset Management Inc. now owns 75,600 shares of the company’s stock worth $385,000 after buying an additional 700 shares during the last quarter. Diker Management LLC increased its stake in shares of DHX Media by 430.9% in the second quarter. Diker Management LLC now owns 176,800 shares of the company’s stock worth $903,000 after buying an additional 143,500 shares during the last quarter. Sprott Inc. increased its stake in shares of DHX Media by 42.4% in the second quarter. Sprott Inc. now owns 712,000 shares of the company’s stock worth $3,660,000 after buying an additional 212,000 shares during the last quarter. Finally, FMR LLC increased its stake in shares of DHX Media by 8.4% in the second quarter. FMR LLC now owns 779,710 shares of the company’s stock worth $3,995,000 after buying an additional 60,560 shares during the last quarter.

About DHX Media

DHX Media Ltd. is a creator, producer, distributor, licensor and broadcaster of kids and family television and film productions. The Company develops, produces and distributes films and television programs for the domestic and international market, broadcasts films and television programs for the domestic markets, as well, the Company manages copyrights, licensing and brands for third parties.

5 Day Chart for NASDAQ:DHXM

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