Shares of DHX Media Ltd (NASDAQ:DHXM) have earned an average recommendation of “Buy” from the seven analysts that are presently covering the company. Six analysts have rated the stock with a buy rating. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $9.33.
A number of equities research analysts have recently commented on the stock. National Bank Financial reaffirmed an “outperform market weight” rating on shares of DHX Media in a research note on Wednesday, May 10th. Clarus Securities reaffirmed a “buy” rating on shares of DHX Media in a research note on Thursday, May 11th. Finally, B. Riley reaffirmed a “buy” rating on shares of DHX Media in a research note on Thursday, May 11th.
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Shares of DHX Media (NASDAQ:DHXM) traded up 1.11% during midday trading on Monday, hitting $4.55. 14,848 shares of the company were exchanged. The firm’s 50 day moving average price is $4.35 and its 200 day moving average price is $4.71. The firm has a market capitalization of $609.68 million, a price-to-earnings ratio of 64.08 and a beta of 1.10. DHX Media has a one year low of $3.80 and a one year high of $6.30.
The company also recently disclosed a dividend, which will be paid on Tuesday, June 20th. Stockholders of record on Friday, May 26th will be paid a $0.0139 dividend. The ex-dividend date of this dividend is Wednesday, May 24th. DHX Media’s dividend payout ratio is currently 55.56%.
Several large investors have recently bought and sold shares of the stock. Boothbay Fund Management LLC bought a new position in shares of DHX Media during the fourth quarter valued at about $244,000. Diker Management LLC raised its position in shares of DHX Media by 2.6% in the third quarter. Diker Management LLC now owns 181,400 shares of the company’s stock valued at $950,000 after buying an additional 4,600 shares in the last quarter. Bard Associates Inc. raised its position in shares of DHX Media by 0.8% in the fourth quarter. Bard Associates Inc. now owns 886,275 shares of the company’s stock valued at $4,653,000 after buying an additional 6,700 shares in the last quarter. Pembroke Management LTD raised its position in shares of DHX Media by 9.0% in the first quarter. Pembroke Management LTD now owns 1,475,260 shares of the company’s stock valued at $8,298,000 after buying an additional 121,700 shares in the last quarter. Finally, Simcoe Capital Management LLC bought a new position in shares of DHX Media during the fourth quarter valued at about $7,865,000.
About DHX Media
DHX Media Ltd. is a creator, producer, distributor, licensor and broadcaster of kids and family television and film productions. The Company develops, produces and distributes films and television programs for the domestic and international market, broadcasts films and television programs for the domestic markets, as well, the Company manages copyrights, licensing and brands for third parties.
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