BidaskClub upgraded shares of Hemisphere Media Group (NASDAQ:HMTV) from a strong sell rating to a sell rating in a research note issued to investors on Saturday morning.

HMTV has been the subject of a number of other research reports. ValuEngine cut Hemisphere Media Group from a hold rating to a sell rating in a research report on Wednesday, July 25th. Royal Bank of Canada set a $16.00 target price on Hemisphere Media Group and gave the stock a buy rating in a research report on Friday, August 3rd.

Shares of Hemisphere Media Group stock opened at $12.75 on Friday. The company has a debt-to-equity ratio of 0.88, a current ratio of 5.04 and a quick ratio of 5.04. Hemisphere Media Group has a 12-month low of $10.50 and a 12-month high of $13.95.

Several hedge funds have recently modified their holdings of HMTV. Citadel Advisors LLC acquired a new position in shares of Hemisphere Media Group during the second quarter worth approximately $280,000. American Century Companies Inc. acquired a new position in shares of Hemisphere Media Group during the first quarter worth approximately $351,000. Victory Capital Management Inc. acquired a new position in shares of Hemisphere Media Group during the first quarter worth approximately $407,000. Two Sigma Investments LP acquired a new position in shares of Hemisphere Media Group during the fourth quarter worth approximately $505,000. Finally, Teton Advisors Inc. acquired a new position in shares of Hemisphere Media Group during the second quarter worth approximately $557,000. Institutional investors own 31.57% of the company’s stock.

Hemisphere Media Group Company Profile

Hemisphere Media Group, Inc owns and operates Spanish-language cable television broadcasting networks and digital content platform in the United States and internationally. It operates Cinelatino, a cable movie network with approximately 20 million subscribers in the United States, Latin America, and Canada; WAPA, a broadcast television network and television content producer; and WAPA.TV, a broadband news and entertainment Website, as well as distributes WAPA2 Deportes, a sports television network in Puerto Rico.

Featured Article: Book Value Of Equity Per Share – BVPS Explained

Receive News & Ratings for Hemisphere Media Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hemisphere Media Group and related companies with MarketBeat.com's FREE daily email newsletter.