13GD Runner: Learn Why Smulyan Jeffrey H Just Purchased Emmis Communications Corp Stake?

13GD Runner: Learn Why Smulyan Jeffrey H Just Purchased Emmis Communications Corp Stake?

The New Smulyan Jeffrey H Holding in Emmis Communications Corp

Smulyan Jeffrey H filed with the SEC SC 13D/A form for Emmis Communications Corp. The form can be accessed here: 000114420416127417. As reported in Smulyan Jeffrey H’s form, the filler as of late owns 13.2% or 1,459,956 shares of the Consumer Discretionary–company.

Emmis Communications Corp stake is a new one for the and it was filed because of activity on October 7, 2016. We feel this shows Smulyan Jeffrey H’s positive view for the stock.

Emmis Communications Corp Institutional Sentiment

Latest Security and Exchange filings show 35 investors own Emmis Communications Corp. The institutional ownership in Q3 2015 is low, at 145.21% of the outstanding shares. This is increased by 4516124 the total institutional shares. 16176809 were the shares owned by these institutional investors. In total 4 funds opened new Emmis Communications Corp stakes, 9 increased stakes. There were 4 that closed positions and 8 reduced them.

Trust Investment Advisors is an institutional investor bullish on Emmis Communications Corp, owning 148300 shares as of Q3 2015 for 0.21% of its portfolio. Zazove Associates Llc owns 1371796 shares or 0.08% of its portfolio. NY Quinn Opportunity Partners Llc have 0.58% of their stock portfolio for 1012366 shares. Further, Nantahala Capital Management Llc reported stake worth 0.19% of its US stock portfolio. The NY Towerview Llc owns 934600 shares. Emmis Communications Corp is 0.60% of the manager’s US portfolio.

Business Profile

Emmis Communications Corporation is a media company, which is focused on radio broadcasting. The Company operates through three business segments: Radio, Publishing, and Corporate & Emerging Technologies. The Company owns approximately 20 frequency modulation (FM) and over four amplitude modulation (AM) radio stations in New York, Los Angeles, St. Louis, Austin, Indianapolis and Terre Haute, Indiana. The Company publishes various city and regional magazines. The Company’s publishing operations consist of Texas Monthly, Los Angeles, Atlanta, Indianapolis Monthly, Cincinnati and Orange Coast. It also operates Digonex Technologies, Inc., a pricing business. It also develops and licenses TagStation, a cloud-based software platform that allows a broadcaster to manage album art, meta data and enhanced advertising on its various broadcasts, and developed NextRadio, a smartphone application that marries over-the-air FM radio broadcasts with visual and interactive features on smartphones.

SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.

Insitutional Activity: The institutional sentiment decreased to 0.59 in Q2 2016. Its down 0.26, from 0.85 in 2016Q1. The ratio turned negative, as 8 funds sold all Emmis Communications Corporation shares owned while 9 reduced positions. 3 funds bought stakes while 7 increased positions. They now own 11.93 million shares or 1.78% more from 11.72 million shares in 2016Q1.

Northern Trust Corporation accumulated 44,231 shares or 0% of the stock. Wells Fargo And Company Mn holds 0% of its portfolio in Emmis Communications Corporation (NASDAQ:EMMS) for 20,000 shares. Blackrock Ltd Liability Company has 0% invested in the company for 39,455 shares. Blackrock Institutional Communication Na holds 0% of its portfolio in Emmis Communications Corporation (NASDAQ:EMMS) for 1.33 million shares. Royal Bank & Trust Of Canada accumulated 0% or 5 shares. Blackrock Fund Advisors last reported 0% of its portfolio in the stock. Gamco Investors Et Al holds 0% or 90,000 shares in its portfolio. Goldman Sachs Gp Inc has 0% invested in the company for 26,471 shares. Phocas Fincl last reported 0.02% of its portfolio in the stock. Stifel last reported 56,700 shares in the company. Commercial Bank Of America Corp De has 26,313 shares for 0% of their US portfolio. New Jersey Better Educational Savings owns 250,000 shares or 0.12% of their US portfolio. Renaissance Tech Ltd Limited Liability Company accumulated 592,800 shares or 0% of the stock. Comml Bank Of New York Mellon holds 66,900 shares or 0% of its portfolio. Dimensional Fund L P, a Texas-based fund reported 567,587 shares.

Analysts await Emmis Communications Corporation (NASDAQ:EMMS) to report earnings on October, 13.

The stock decreased 0.75% or $0.03 on October 7, hitting $3.98. About 8,834 shares traded hands. Emmis Communications Corporation (NASDAQ:EMMS) has risen 64.34% since March 4, 2016 and is uptrending. It has outperformed by 56.31% the S&P500.

Emmis Communications Corporation is a media company, which is focused on radio broadcasting. The company has a market cap of $47.99 million. The Firm operates through three business divisions: Radio, Publishing, and Corporate & Emerging Technologies. It has a 18.03 P/E ratio. The Firm owns approximately 20 frequency modulation and over four amplitude modulation (AM) radio stations in New York, Los Angeles, St.

More notable recent Emmis Communications Corporation (NASDAQ:EMMS) news were published by: Seekingalpha.com which released: “Emmis Communications’ (EMMS) CEO Jeff Smulyan on Q2 2017 Results – Earnings …” on October 06, 2016, also Ibj.com with their article: “Former employee files sexual harassment suit against Emmis” published on October 04, 2016, Indystar.com published: “Emmis Communications lays off 32 companywide” on January 07, 2016. More interesting news about Emmis Communications Corporation (NASDAQ:EMMS) were released by: Prnewswire.com and their article: “Emmis Communications Receives Proposal To Acquire The Corporation’s …” published on August 18, 2016 as well as Dealbook.Nytimes.com‘s news article titled: “Taking the Preferences Out of Preferred Stock” with publication date: September 13, 2012.

According to Zacks Investment Research, “Emmis Communications Corporation is a diversified media company with radio broadcasting and magazine publishing operations and pending approval from the FCC, television broadcasting operations. Emmis is an owner and operator of radio stations in the nation’s largest markets. Its international division operates Slager Radio in Hungary. Emmis Publishing holdings include Indianapolis Monthly, Atlanta, Cincinnati and Texas Monthly magazines. Emmis also owns Revenue Development Systems, a broadcast sales consulting company. (Press Release)”

EMMS Company Profile

Emmis Communications Corporation, incorporated on July 17, 1986, is a media company, which is focused on radio broadcasting. The Firm operates through three business divisions: Radio, Publishing, and Corporate & Emerging Technologies. The Firm owns approximately 20 frequency modulation (FM) and over four amplitude modulation (AM) radio stations in New York, Los Angeles, St. Louis, Austin, Indianapolis and Terre Haute, Indiana. One of the FM radio stations that the Company owns in New York is operated pursuant to a local marketing agreement (LMA) whereby a third party provides the programming for the station and sells all advertising within that programming.

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