American International Group Inc. boosted its position in shares of Central European Media Enterprises Ltd. (NASDAQ:CETV) by 7.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,100 shares of the company’s stock after buying an additional 3,124 shares during the period. American International Group Inc.’s holdings in Central European Media Enterprises were worth $146,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in CETV. SG Americas Securities LLC purchased a new position in Central European Media Enterprises during the first quarter worth approximately $109,000. Metropolitan Life Insurance Co. NY purchased a new position in Central European Media Enterprises during the fourth quarter worth approximately $122,000. Nationwide Fund Advisors raised its position in Central European Media Enterprises by 2.0% in the first quarter. Nationwide Fund Advisors now owns 54,016 shares of the company’s stock worth $167,000 after buying an additional 1,075 shares in the last quarter. Renaissance Technologies LLC raised its position in Central European Media Enterprises by 136.9% in the fourth quarter. Renaissance Technologies LLC now owns 64,379 shares of the company’s stock worth $164,000 after buying an additional 37,200 shares in the last quarter. Finally, Karp Capital Management Corp purchased a new position in Central European Media Enterprises during the first quarter worth approximately $257,000. 28.42% of the stock is currently owned by institutional investors.

Central European Media Enterprises Ltd. (NASDAQ CETV) traded up 0.610% during midday trading on Thursday, reaching $4.125. 31,828 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $4.19 and a 200 day moving average price of $3.64. Central European Media Enterprises Ltd. has a 12 month low of $2.15 and a 12 month high of $4.55. The company has a market cap of $597.49 million, a P/E ratio of 165.000 and a beta of 1.04.

Central European Media Enterprises (NASDAQ:CETV) last posted its quarterly earnings data on Tuesday, July 25th. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.11. The firm had revenue of $181.86 million for the quarter. Central European Media Enterprises had a negative return on equity of 18.46% and a net margin of 2.82%. On average, equities analysts anticipate that Central European Media Enterprises Ltd. will post $0.09 EPS for the current year.

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A number of equities analysts recently issued reports on the stock. BidaskClub lowered shares of Central European Media Enterprises from a “buy” rating to a “hold” rating in a research report on Saturday, August 5th. Zacks Investment Research lowered shares of Central European Media Enterprises from a “buy” rating to a “sell” rating in a research report on Monday, June 5th. Finally, TheStreet raised shares of Central European Media Enterprises from a “d” rating to a “c” rating in a research report on Wednesday, May 17th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $3.90.

In other Central European Media Enterprises news, insider Global Equity Master Fund Tcs sold 5,000,000 shares of the stock in a transaction on Monday, July 10th. The stock was sold at an average price of $4.05, for a total transaction of $20,250,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.77% of the stock is owned by company insiders.

About Central European Media Enterprises

Central European Media Enterprises Ltd. (CME Ltd.) is a media and entertainment company operating in Central and Eastern Europe. The Company’s assets are held through a series of Dutch and Curacao holding companies. The Company manages its business on a geographical basis, with six segments: Bulgaria, Croatia, the Czech Republic, Romania, the Slovak Republic and Slovenia.

Institutional Ownership by Quarter for Central European Media Enterprises (NASDAQ:CETV)

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