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: 000114420416128178. 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 14, 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.
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 worsened, 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.
Wells Fargo And Mn accumulated 20,000 shares or 0% of the stock. Quinn Opportunity Prns Ltd Com holds 709,193 shares or 0.2% of its portfolio. Archford Strategies Lc has 0% invested in the company for 1,104 shares. Bridgeway has 0% invested in the company for 295,100 shares. Guggenheim Cap Limited Liability Corporation last reported 0% of its portfolio in the stock. Gamco Investors Et Al has invested 0% of its portfolio in Emmis Communications Corporation (NASDAQ:EMMS). New Jersey Better Educational Savings has invested 0.12% of its portfolio in Emmis Communications Corporation (NASDAQ:EMMS). Renaissance Techs Ltd Co holds 592,800 shares or 0% of its portfolio. Goldman Sachs Gru last reported 0% of its portfolio in the stock. Morgan Stanley has 0% invested in the company for 3,641 shares. California Public Employees Retirement holds 130,401 shares or 0% of its portfolio. Dimensional Fund Advsr Lp last reported 0% of its portfolio in the stock. Bank & Trust Of America De accumulated 0% or 26,313 shares. Vanguard Grp Inc reported 898,498 shares or 0% of all its holdings. Timber Hill Limited Com has 10,614 shares for 0% of their US portfolio.
The stock increased 1.01% or $0.04 on October 14, hitting $3.99. About 14,518 shares traded hands or 17.96% up from the average. Emmis Communications Corporation (NASDAQ:EMMS) has risen 45.22% since March 11, 2016 and is uptrending. It has outperformed by 39.76% the S&P500.
Emmis Communications Corporation is a media company, which is focused on radio broadcasting. The company has a market cap of $49.12 million. The Firm operates through three business divisions: Radio, Publishing, and Corporate & Emerging Technologies. It currently has negative earnings. 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: Streetinsider.com which released: “Emmis Communications (EMMS) to Sell Texas Monthly for $25M” on October 13, 2016, also Streetinsider.com with their article: “Emmis Communications (EMMS) Announces $5.2M Radio Stations Sale” published on October 12, 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 Ibj.com‘s news article titled: “Former employee files sexual harassment suit against Emmis” with publication date: October 04, 2016.
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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