Hemisphere Media Group, Inc. (HMTV) Shares Bought by Lord Abbett & CO. LLC

Lord Abbett & CO. LLC increased its position in Hemisphere Media Group, Inc. (NASDAQ:HMTV) by 32.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 164,705 shares of the company’s stock after purchasing an additional 40,326 shares during the quarter. Lord Abbett & CO. LLC owned approximately 0.39% of Hemisphere Media Group worth $1,952,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of HMTV. Nationwide Fund Advisors raised its holdings in shares of Hemisphere Media Group by 181.2% in the 2nd quarter. Nationwide Fund Advisors now owns 8,931 shares of the company’s stock valued at $106,000 after purchasing an additional 5,755 shares during the period. Icon Advisers Inc. Co. bought a new stake in shares of Hemisphere Media Group in the 2nd quarter valued at about $190,000. New York State Common Retirement Fund raised its holdings in shares of Hemisphere Media Group by 130.5% in the 2nd quarter. New York State Common Retirement Fund now owns 16,600 shares of the company’s stock valued at $197,000 after purchasing an additional 9,399 shares during the period. Rhumbline Advisers bought a new stake in shares of Hemisphere Media Group in the 2nd quarter valued at about $207,000. Finally, Goldman Sachs Group Inc. raised its holdings in shares of Hemisphere Media Group by 58.5% in the 2nd quarter. Goldman Sachs Group Inc. now owns 18,848 shares of the company’s stock valued at $223,000 after purchasing an additional 6,957 shares during the period. 26.99% of the stock is currently owned by institutional investors.

Separately, BidaskClub raised shares of Hemisphere Media Group from a “hold” rating to a “buy” rating in a report on Tuesday, August 1st.

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About Hemisphere Media Group

Hemisphere Media Group, Inc is a Spanish-language media company. As of December 31, 2016, the Company served the United States Hispanic and Latin American markets with five Spanish-language cable television networks distributed in the United States, two Spanish-language cable television networks distributed in Latin America, and a broadcast television network in Puerto Rico.

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Institutional Ownership by Quarter for Hemisphere Media Group (NASDAQ:HMTV)

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