Gotham Asset Management LLC boosted its stake in shares of Scripps Networks Interactive, Inc. (NASDAQ:SNI) by 63.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 176,835 shares of the company’s stock after purchasing an additional 68,949 shares during the quarter. Gotham Asset Management LLC owned 0.14% of Scripps Networks Interactive worth $15,098,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the stock. Jane Street Group LLC acquired a new position in Scripps Networks Interactive during the 4th quarter valued at $1,373,000. Quad Capital Management Advisors LLC increased its holdings in Scripps Networks Interactive by 125.6% in the 4th quarter. Quad Capital Management Advisors LLC now owns 33,887 shares of the company’s stock valued at $2,893,000 after buying an additional 18,865 shares during the period. Millennium Management LLC increased its holdings in Scripps Networks Interactive by 182.9% in the 4th quarter. Millennium Management LLC now owns 163,979 shares of the company’s stock valued at $14,001,000 after buying an additional 106,014 shares during the period. Cornerstone Capital Management Holdings LLC. increased its holdings in Scripps Networks Interactive by 9.6% in the 4th quarter. Cornerstone Capital Management Holdings LLC. now owns 18,061 shares of the company’s stock valued at $1,541,000 after buying an additional 1,587 shares during the period. Finally, Wolverine Trading LLC increased its holdings in Scripps Networks Interactive by 230.6% in the 4th quarter. Wolverine Trading LLC now owns 5,049 shares of the company’s stock valued at $431,000 after buying an additional 3,522 shares during the period. Hedge funds and other institutional investors own 62.59% of the company’s stock.

In other Scripps Networks Interactive news, Director Ronald W. Tysoe sold 5,873 shares of the stock in a transaction dated Thursday, March 1st. The shares were sold at an average price of $89.90, for a total transaction of $527,982.70. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Lori A. Hickok sold 125,128 shares of the stock in a transaction dated Thursday, March 1st. The stock was sold at an average price of $89.71, for a total transaction of $11,225,232.88. The disclosure for this sale can be found here. 2.50% of the stock is currently owned by corporate insiders.

Shares of Scripps Networks Interactive stock opened at $90.04 on Thursday. The company has a quick ratio of 3.05, a current ratio of 3.05 and a debt-to-equity ratio of 0.81. Scripps Networks Interactive, Inc. has a fifty-two week low of $64.87 and a fifty-two week high of $93.58. The firm has a market cap of $11,690.00, a PE ratio of 16.77, a PEG ratio of 3.17 and a beta of 1.31.

Scripps Networks Interactive (NASDAQ:SNI) last posted its earnings results on Monday, February 26th. The company reported $1.38 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.21 by $0.17. Scripps Networks Interactive had a net margin of 17.52% and a return on equity of 26.63%. The business had revenue of $956.12 million for the quarter, compared to analyst estimates of $912.81 million. During the same quarter in the prior year, the firm earned $1.02 EPS. research analysts expect that Scripps Networks Interactive, Inc. will post 5.61 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Saturday, March 10th. Stockholders of record on Wednesday, February 28th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.33%. The ex-dividend date was Tuesday, February 27th. Scripps Networks Interactive’s payout ratio is 22.35%.

Several brokerages have issued reports on SNI. BidaskClub raised shares of Scripps Networks Interactive from a “sell” rating to a “hold” rating in a report on Friday, March 2nd. Cowen reissued a “hold” rating and issued a $90.00 price target on shares of Scripps Networks Interactive in a report on Monday, February 5th. Finally, Zacks Investment Research raised shares of Scripps Networks Interactive from a “hold” rating to a “buy” rating and set a $99.00 price target on the stock in a report on Friday, February 2nd. Fourteen analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $86.36.

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Scripps Networks Interactive Profile

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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