Heathbridge Capital Management LTD Has Trimmed By $567,100 Its Disney Walt Co (DIS) Stake; Salem Communications Has 1.76 Sentiment

Saturday, 31 March 2018

Heathbridge Capital Management LTD Has Trimmed By $567,100 Its Disney Walt Co (DIS) Stake; Salem Communications Has 1.76 Sentiment

Salem Media Group, Inc. (NASDAQ:SALM) Logo

Heathbridge Capital Management Ltd decreased Disney Walt Co (DIS) stake by 1.93% reported in 2017Q4 SEC filing. Heathbridge Capital Management Ltd sold 5,300 shares as Disney Walt Co (DIS)’s stock declined 8.57%. The Heathbridge Capital Management Ltd holds 268,750 shares with $28.89 million value, down from 274,050 last quarter. Disney Walt Co now has $151.03B valuation. The stock increased 1.93% or $1.9 during the last trading session, reaching $100.44. About 9.34 million shares traded or 13.22% up from the average. The Walt Disney Company (NYSE:DIS) has declined 11.59% since March 31, 2017 and is downtrending. It has underperformed by 23.14% the S&P500.

Salem Communications Corp (SALM) investors sentiment increased to 1.76 in Q4 2017. It’s up 0.59, from 1.17 in 2017Q3. The ratio is more positive, as 37 institutional investors started new and increased holdings, while 21 reduced and sold their positions in Salem Communications Corp. The institutional investors in our database now have: 7.97 million shares, up from 7.88 million shares in 2017Q3. Also, the number of institutional investors holding Salem Communications Corp in top ten holdings was flat from 0 to 0 for the same number . Sold All: 9 Reduced: 12 Increased: 21 New Position: 16.

Since January 1, 0001, it had 0 buys, and 1 sale for $6,281 activity.

Teton Advisors Inc. holds 0.25% of its portfolio in Salem Media Group, Inc. for 610,000 shares. First Wilshire Securities Management Inc owns 183,320 shares or 0.23% of their US portfolio. Moreover, North Star Investment Management Corp. has 0.11% invested in the company for 198,052 shares. The New York-based Gamco Investors Inc. Et Al has invested 0.03% in the stock. Bridgeway Capital Management Inc, a Texas-based fund reported 322,552 shares.

The stock decreased 5.26% or $0.2 during the last trading session, reaching $3.6. About 185,763 shares traded or 199.60% up from the average. Salem Media Group, Inc. (SALM) has declined 46.04% since March 31, 2017 and is downtrending. It has underperformed by 57.59% the S&P500.

Salem Media Group, Inc. operates as a multi-media firm in the United States. The company has market cap of $94.21 million. It operates in three divisions: Broadcast, Digital Media, and Publishing. It has a 3.83 P/E ratio. The firm owns and operates radio networks, which produce and distribute talk, news, and music programming to radio stations, as well as sells commercial airtime to national advertisers and independent radio station affiliates.

Investors sentiment increased to 0.9 in Q4 2017. Its up 0.01, from 0.89 in 2017Q3. It increased, as 58 investors sold DIS shares while 690 reduced holdings. 162 funds opened positions while 508 raised stakes. 896.07 million shares or 0.31% less from 898.84 million shares in 2017Q3 were reported. Coldstream Mngmt holds 25,976 shares. Avalon Ltd Co has invested 0.32% of its portfolio in The Walt Disney Company (NYSE:DIS). Fred Alger Mgmt holds 0% of its portfolio in The Walt Disney Company (NYSE:DIS) for 58 shares. Cohen Klingenstein Limited Liability Co stated it has 5.03% in The Walt Disney Company (NYSE:DIS). Heritage Invsts Corp has 242,757 shares. Moreover, Grassi Mngmt has 0.9% invested in The Walt Disney Company (NYSE:DIS). Suntrust Banks invested in 0.53% or 924,810 shares. Grisanti Management Ltd Co holds 115,726 shares. Vigilant Capital Mgmt Ltd accumulated 1,496 shares. Gruss & Com holds 1.26% or 12,000 shares. Moreover, Crestwood Advsrs Grp Inc Limited Liability Company has 0.07% invested in The Walt Disney Company (NYSE:DIS). Aviance Mgmt Lc invested in 23,750 shares. Macroview Inv Ltd Company stated it has 5 shares or 0% of all its holdings. Iat Reinsurance reported 18,500 shares. New York-based Alliancebernstein Lp has invested 0.45% in The Walt Disney Company (NYSE:DIS).

Since February 26, 2018, it had 0 insider purchases, and 1 insider sale for $194,780 activity. LEWIS AYLWIN B sold $194,780 worth of stock or 1,797 shares.

Analysts await The Walt Disney Company (NYSE:DIS) to report earnings on May, 8. They expect $1.68 earnings per share, up 12.00% or $0.18 from last year’s $1.5 per share. DIS’s profit will be $2.53B for 14.95 P/E if the $1.68 EPS becomes a reality. After $1.89 actual earnings per share reported by The Walt Disney Company for the previous quarter, Wall Street now forecasts -11.11% negative EPS growth.

Salem Media Group, Inc. (NASDAQ:SALM) Institutional Positions Chart