LSV Asset Management cut its stake in Scripps Networks Interactive, Inc. (NASDAQ:SNI) by 8.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 567,223 shares of the company’s stock after selling 50,900 shares during the period. LSV Asset Management’s holdings in Scripps Networks Interactive were worth $48,429,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sentry Investment Management LLC raised its holdings in Scripps Networks Interactive by 2.0% in the second quarter. Sentry Investment Management LLC now owns 5,618 shares of the company’s stock valued at $384,000 after buying an additional 111 shares during the period. Nordea Investment Management AB raised its holdings in Scripps Networks Interactive by 3.4% in the second quarter. Nordea Investment Management AB now owns 3,718 shares of the company’s stock valued at $254,000 after buying an additional 122 shares during the period. Raymond James Financial Services Advisors Inc. raised its holdings in Scripps Networks Interactive by 4.2% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 3,255 shares of the company’s stock valued at $222,000 after buying an additional 130 shares during the period. Nationwide Fund Advisors raised its holdings in Scripps Networks Interactive by 2.4% in the third quarter. Nationwide Fund Advisors now owns 27,142 shares of the company’s stock valued at $2,331,000 after buying an additional 634 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in Scripps Networks Interactive by 9.5% in the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 7,804 shares of the company’s stock valued at $670,000 after buying an additional 679 shares during the period. 61.71% of the stock is currently owned by institutional investors and hedge funds.

SNI has been the topic of several research reports. Zacks Investment Research lowered shares of Scripps Networks Interactive from a “buy” rating to a “hold” rating in a report on Thursday, February 1st. BidaskClub upgraded shares of Scripps Networks Interactive from a “sell” rating to a “hold” rating in a report on Monday. Royal Bank of Canada set a $90.00 price target on shares of Scripps Networks Interactive and gave the company a “hold” rating in a report on Friday, October 20th. Finally, Cowen restated a “hold” rating and issued a $90.00 price target on shares of Scripps Networks Interactive in a report on Monday. Fifteen equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $86.57.

In other news, Director Michael R. Costa sold 18,955 shares of Scripps Networks Interactive stock in a transaction that occurred on Tuesday, December 19th. The shares were sold at an average price of $83.64, for a total transaction of $1,585,396.20. Following the sale, the director now owns 13,035 shares in the company, valued at $1,090,247.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.50% of the company’s stock.

Shares of Scripps Networks Interactive, Inc. (NASDAQ SNI) opened at $86.68 on Tuesday. The stock has a market cap of $11,426.02, a P/E ratio of 16.32, a PEG ratio of 2.24 and a beta of 1.40. Scripps Networks Interactive, Inc. has a 12 month low of $64.87 and a 12 month high of $88.87. The company has a debt-to-equity ratio of 0.90, a quick ratio of 3.19 and a current ratio of 3.19.

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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.

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

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