Lenox Wealth Management Inc. grew its stake in shares of Scripps Networks Interactive, Inc (NASDAQ:SNI) by 3.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 115,721 shares of the company’s stock after purchasing an additional 4,004 shares during the period. Scripps Networks Interactive makes up 3.2% of Lenox Wealth Management Inc.’s investment portfolio, making the stock its 4th biggest holding. Lenox Wealth Management Inc. owned about 0.09% of Scripps Networks Interactive worth $7,905,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in SNI. YorkBridge Wealth Partners LLC raised its holdings in shares of Scripps Networks Interactive by 14.2% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 1,552 shares of the company’s stock worth $106,000 after acquiring an additional 193 shares during the last quarter. Mascoma Wealth Management LLC bought a new stake in Scripps Networks Interactive in the 2nd quarter worth about $130,000. Federated Investors Inc. PA grew its position in Scripps Networks Interactive by 48.4% in the 2nd quarter. Federated Investors Inc. PA now owns 2,378 shares of the company’s stock worth $163,000 after purchasing an additional 776 shares in the last quarter. SRS Capital Advisors Inc. grew its position in Scripps Networks Interactive by 13.3% in the 1st quarter. SRS Capital Advisors Inc. now owns 2,152 shares of the company’s stock worth $168,000 after purchasing an additional 252 shares in the last quarter. Finally, Bronfman E.L. Rothschild L.P. grew its position in Scripps Networks Interactive by 1.1% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 2,954 shares of the company’s stock worth $202,000 after purchasing an additional 32 shares in the last quarter. Hedge funds and other institutional investors own 75.85% of the company’s stock.

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Scripps Networks Interactive, Inc (NASDAQ SNI) traded down 0.31% during mid-day trading on Thursday, reaching $86.01. 111,835 shares of the company’s stock traded hands. The stock has a 50 day moving average of $85.75 and a 200 day moving average of $76.73. The company has a market cap of $11.17 billion, a P/E ratio of 17.75 and a beta of 1.47. Scripps Networks Interactive, Inc has a 12-month low of $60.63 and a 12-month high of $88.45.

The company also recently declared a quarterly dividend, which was paid on Sunday, September 10th. Shareholders of record on Thursday, August 31st were given a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, August 29th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.39%. Scripps Networks Interactive’s payout ratio is currently 24.79%.

In other Scripps Networks Interactive news, Director Jeffrey Sagansky sold 1,159 shares of the company’s stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $87.83, for a total value of $101,794.97. Following the completion of the transaction, the director now directly owns 9,457 shares in the company, valued at $830,608.31. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 2.50% of the company’s stock.

A number of equities research analysts have issued reports on SNI shares. Zacks Investment Research raised shares of Scripps Networks Interactive from a “sell” rating to a “hold” rating in a research report on Tuesday, July 25th. BidaskClub downgraded shares of Scripps Networks Interactive from a “buy” rating to a “hold” rating in a research report on Saturday, September 2nd. Royal Bank Of Canada upped their price objective on shares of Scripps Networks Interactive from $76.00 to $90.00 and gave the stock an “outperform” rating in a research report on Thursday, August 17th. J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a $83.00 price objective on shares of Scripps Networks Interactive in a research report on Monday, July 10th. Finally, MKM Partners reaffirmed a “neutral” rating and issued a $73.00 price objective (down from $84.00) on shares of Scripps Networks Interactive in a research report on Friday, July 21st. One research analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $84.21.

Scripps Networks Interactive Company Profile

Scripps Networks Interactive, Inc is a developer of lifestyle-oriented content, providing primarily home, food, travel and other lifestyle-related programing. The Company’s content is distributed through multiple methods, including television, the Internet, digital platforms and licensing arrangements.

Institutional Ownership by Quarter for Scripps Networks Interactive (NASDAQ:SNI)

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