Teton Advisors Inc. acquired a new position in Hemisphere Media Group Inc (NASDAQ:HMTV) in the 2nd quarter, HoldingsChannel reports. The firm acquired 42,500 shares of the company’s stock, valued at approximately $557,000.

Other institutional investors have also modified their holdings of the company. American Century Companies Inc. purchased a new position in Hemisphere Media Group in the first quarter worth approximately $351,000. Victory Capital Management Inc. purchased a new position in Hemisphere Media Group in the first quarter worth approximately $407,000. Schwab Charles Investment Management Inc. grew its position in Hemisphere Media Group by 25.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 93,888 shares of the company’s stock worth $1,230,000 after acquiring an additional 19,328 shares during the period. Dimensional Fund Advisors LP grew its position in Hemisphere Media Group by 31.3% in the first quarter. Dimensional Fund Advisors LP now owns 340,406 shares of the company’s stock worth $3,830,000 after acquiring an additional 81,227 shares during the period. Finally, Northern Trust Corp grew its position in Hemisphere Media Group by 1.7% in the first quarter. Northern Trust Corp now owns 352,988 shares of the company’s stock worth $3,971,000 after acquiring an additional 5,861 shares during the period. Institutional investors own 33.11% of the company’s stock.

Several research analysts have recently commented on the company. BidaskClub upgraded Hemisphere Media Group from a “sell” rating to a “hold” rating in a research report on Friday, August 17th. ValuEngine upgraded Hemisphere Media Group from a “sell” rating to a “hold” rating in a research report on Wednesday, August 8th. Finally, Royal Bank of Canada set a $16.00 price target on Hemisphere Media Group and gave the stock a “buy” rating in a research report on Friday, August 3rd.

HMTV opened at $13.50 on Friday. Hemisphere Media Group Inc has a 52 week low of $10.50 and a 52 week high of $13.95. The company has a debt-to-equity ratio of 0.90, a quick ratio of 4.16 and a current ratio of 4.16.

About Hemisphere Media Group

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.

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Institutional Ownership by Quarter for Hemisphere Media Group (NASDAQ:HMTV)

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