WINTON GROUP Ltd lowered its stake in Scripps Networks Interactive, Inc (NASDAQ:SNI) by 80.3% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 69,904 shares of the company’s stock after selling 285,525 shares during the quarter. WINTON GROUP Ltd owned 0.05% of Scripps Networks Interactive worth $4,775,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of Scripps Networks Interactive by 6.7% in the 2nd quarter. Vanguard Group Inc. now owns 8,688,173 shares of the company’s stock valued at $593,489,000 after acquiring an additional 542,575 shares in the last quarter. BlackRock Inc. increased its stake in shares of Scripps Networks Interactive by 18.3% in the 2nd quarter. BlackRock Inc. now owns 8,455,399 shares of the company’s stock valued at $577,591,000 after acquiring an additional 1,308,844 shares in the last quarter. State Street Corp increased its stake in shares of Scripps Networks Interactive by 0.5% in the 2nd quarter. State Street Corp now owns 3,749,940 shares of the company’s stock valued at $256,149,000 after acquiring an additional 16,947 shares in the last quarter. FMR LLC increased its stake in shares of Scripps Networks Interactive by 24.6% in the 2nd quarter. FMR LLC now owns 3,371,082 shares of the company’s stock valued at $230,278,000 after acquiring an additional 665,805 shares in the last quarter. Finally, Pioneer Investment Management Inc. increased its stake in shares of Scripps Networks Interactive by 20.9% in the 2nd quarter. Pioneer Investment Management Inc. now owns 2,288,068 shares of the company’s stock valued at $156,298,000 after acquiring an additional 396,253 shares in the last quarter. Institutional investors own 75.82% of the company’s stock.

A number of brokerages have commented on SNI. UBS AG restated a “neutral” rating and set a $90.00 price target (up previously from $83.00) on shares of Scripps Networks Interactive in a research note on Tuesday, August 1st. Argus lowered shares of Scripps Networks Interactive from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. Citigroup Inc. upgraded shares of Scripps Networks Interactive from a “sell” rating to a “neutral” rating and boosted their price target for the company from $66.00 to $90.00 in a research note on Tuesday, August 1st. Moffett Nathanson upgraded shares of Scripps Networks Interactive from a “sell” rating to a “neutral” rating and boosted their price target for the company from $61.00 to $87.00 in a research note on Monday, July 31st. Finally, Needham & Company LLC lowered shares of Scripps Networks Interactive from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Two equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and three have issued a buy rating to the company’s stock. Scripps Networks Interactive has a consensus rating of “Hold” and an average target price of $84.21.

In other news, Director Jeffrey Sagansky sold 1,159 shares of the firm’s stock in a transaction on Tuesday, August 8th. The stock was sold at an average price of $87.83, for a total transaction of $101,794.97. Following the completion of the transaction, the director now directly owns 9,457 shares in the company, valued at $830,608.31. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.50% of the stock is owned by company insiders.

Scripps Networks Interactive, Inc (NASDAQ SNI) traded down 0.49% during mid-day trading on Tuesday, hitting $82.96. 252,220 shares of the stock traded hands. The firm has a market cap of $10.77 billion, a P/E ratio of 17.12 and a beta of 1.47. Scripps Networks Interactive, Inc has a 52-week low of $60.90 and a 52-week high of $88.45. The firm’s 50-day moving average is $85.60 and its 200 day moving average is $77.05.

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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.

Institutional Ownership by Quarter for Scripps Networks Interactive (NASDAQ:SNI)

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