Highbridge Capital Management LLC Invests $120,000 in Hemisphere Media Group Inc (HMTV) Stock
Highbridge Capital Management LLC acquired a new position in shares of Hemisphere Media Group Inc (NASDAQ:HMTV) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 10,018 shares of the company’s stock, valued at approximately $120,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Nationwide Fund Advisors increased its holdings in Hemisphere Media Group by 181.2% during the 2nd quarter. Nationwide Fund Advisors now owns 8,931 shares of the company’s stock worth $106,000 after purchasing an additional 5,755 shares during the period. SG Americas Securities LLC purchased a new position in Hemisphere Media Group during the 3rd quarter worth $112,000. Citadel Advisors LLC purchased a new position in Hemisphere Media Group during the 3rd quarter worth $128,000. First Trust Advisors LP purchased a new position in Hemisphere Media Group during the 3rd quarter worth $171,000. Finally, Icon Advisers Inc. Co. purchased a new position in Hemisphere Media Group during the 2nd quarter worth $190,000. Institutional investors own 31.74% of the company’s stock.
Shares of Hemisphere Media Group Inc (NASDAQ:HMTV) opened at $11.60 on Thursday. The company has a current ratio of 6.48, a quick ratio of 6.48 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $477.07, a price-to-earnings ratio of 31.35 and a beta of 0.40. Hemisphere Media Group Inc has a 52-week low of $10.65 and a 52-week high of $13.20.
About Hemisphere Media Group
Hemisphere Media Group, Inc is a Spanish-language media company. As of December 31, 2016, the Company served the United States Hispanic and Latin American markets with five Spanish-language cable television networks distributed in the United States, two Spanish-language cable television networks distributed in Latin America, and a broadcast television network in Puerto Rico.
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