Aperio Group LLC increased its stake in Scripps Networks Interactive, Inc (NASDAQ:SNI) by 2.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 76,912 shares of the company’s stock after acquiring an additional 1,738 shares during the period. Aperio Group LLC owned about 0.06% of Scripps Networks Interactive worth $6,606,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Amalgamated Bank grew its position in Scripps Networks Interactive by 56.5% in the second quarter. Amalgamated Bank now owns 10,074 shares of the company’s stock worth $688,000 after acquiring an additional 3,638 shares in the last quarter. LMR Partners LLP purchased a new stake in Scripps Networks Interactive during the second quarter valued at about $1,380,000. Schwab Charles Investment Management Inc. boosted its position in Scripps Networks Interactive by 17.1% during the second quarter. Schwab Charles Investment Management Inc. now owns 500,910 shares of the company’s stock valued at $34,218,000 after buying an additional 73,006 shares during the period. Swiss National Bank boosted its position in Scripps Networks Interactive by 9.1% during the second quarter. Swiss National Bank now owns 312,861 shares of the company’s stock valued at $21,372,000 after buying an additional 26,000 shares during the period. Finally, Alliancebernstein L.P. boosted its position in Scripps Networks Interactive by 1,107.7% during the second quarter. Alliancebernstein L.P. now owns 2,084,212 shares of the company’s stock valued at $142,373,000 after buying an additional 1,911,635 shares during the period. Institutional investors own 74.00% of the company’s stock.

Several research firms have issued reports on SNI. Cowen and Company restated a “hold” rating and set a $90.00 price target on shares of Scripps Networks Interactive in a research report on Friday, September 8th. Morgan Stanley upped their price target on shares of Scripps Networks Interactive from $82.00 to $90.00 and gave the company an “equal weight” rating in a research report on Thursday, August 24th. Argus lowered shares of Scripps Networks Interactive from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. MKM Partners restated a “neutral” rating and set a $73.00 price target (down from $84.00) on shares of Scripps Networks Interactive in a research report on Friday, July 21st. Finally, Royal Bank Of Canada restated a “hold” rating and set a $90.00 price target on shares of Scripps Networks Interactive in a research report on Wednesday, September 20th. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $85.62.

Scripps Networks Interactive, Inc (NASDAQ SNI) opened at $79.61 on Monday. Scripps Networks Interactive, Inc has a one year low of $63.43 and a one year high of $88.45. The stock has a market cap of $10,334.33, a PE ratio of 14.77, a P/E/G ratio of 2.02 and a beta of 1.47. The company has a quick ratio of 4.15, a current ratio of 3.19 and a debt-to-equity ratio of 0.90.

Scripps Networks Interactive (NASDAQ:SNI) last released its quarterly earnings results on Wednesday, November 1st. The company reported $1.05 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.96 by $0.09. Scripps Networks Interactive had a net margin of 17.46% and a return on equity of 27.04%. The company had revenue of $825.53 million during the quarter, compared to the consensus estimate of $838.63 million. During the same period in the prior year, the firm earned $1.26 earnings per share. analysts anticipate that Scripps Networks Interactive, Inc will post 5.52 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Sunday, December 10th. Investors of record on Thursday, November 30th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date of this dividend is Wednesday, November 29th. Scripps Networks Interactive’s payout ratio is currently 18.20%.

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In related news, Director Jeffrey Sagansky sold 1,159 shares of the stock in a transaction dated 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 of the company’s stock, valued at $830,608.31. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 2.50% of the stock is owned by corporate insiders.

About Scripps Networks Interactive

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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