Ameriprise Financial Inc. Trims Stake in Scripps Networks Interactive, Inc. (NASDAQ:SNI)

The stock increased 4.31% or $0.62 during the last trading session, reaching $15.02. (NYSE:SNI) has risen 9.83% since January 12, 2017 and is uptrending. It has underperformed by 5.32% the S&P500.

Lenox Wealth Management Inc decreased its stake in Scripps Networks Interactive Inc A (SNI) by 9.17% based on its latest 2017Q3 regulatory filing with the SEC. Diam Company Ltd bought 5,814 shares as the company's stock declined 10.51% while stock markets rallied. Alliancebernstein L.P. now owns 2,084,212 shares of the company's stock valued at $142,373,000 after buying an additional 1,911,635 shares in the last quarter. Dumont & Blake Investment Advisors Llc who had been investing in Scripps Networks Interactive I for a number of months, seems to be less bullish one the $11.39B market cap company. The stock appeared $88.45 above its 52-week highs and is up 2.00% for the last five trades.

PNM Resources, Inc. (NYSE:PNM) ended its day at 36.55 with the rising stream of -3.18% and its total traded volume was 1.68 million shares more than the average volume. Royal Bank of Canada reaffirmed a "hold" rating and issued a $90.00 price target on shares of Scripps Networks Interactive in a research note on Wednesday, September 20th. (NYSE:SNI) has risen 9.83% since January 11, 2017 and is uptrending. Howe & Rusling Inc invested in 2,461 shares or 0.03% of the stock. (SNI) have shown a high EPS growth of 12.60% in the last 5 years and has earnings rose of 11.10% yoy. Sell-side firms now have a consensus recommendation of 1.70 on the shares. SNI's profit will be $162.39 million for 17.22 P/E if the $1.25 EPS becomes a reality. Scripps Networks Interactive, Inc.

The investor is now holding $11.18 million shares due in part to a decrease of 1.31 million new shares in their portfolio. It dropped, as 97 investors sold SNI shares while 186 reduced holdings.

VANGUARD GROUP INC raised its stake in Scripps Networks Interactive, Inc. It also reduced its holding in Magna Intl Inc (NYSE:MGA) by 9,157 shares in the quarter, leaving it with 41,092 shares, and cut its stake in Manulife Finl Corp (NYSE:MFC). GOLDMAN SACHS GROUP INC owned 138.98% of Scripps Networks Interactive, Inc. (NASDAQ:SNI) on Monday, August 24 with "Neutral" rating. Advisory Ser Ntwk Limited Liability Corporation holds 0% of its portfolio in Scripps Networks Interactive, Inc. Piedmont Inv Advsrs Ltd Liability Company stated it has 8,647 shares or 0.01% of all its holdings. Pensionfund Dsm Netherlands reported 37,000 shares. (NASDAQ:SNI). Vanguard Gru Inc invested in 0.04% or 8.84 million shares. (NASDAQ:SNI). Pnc Svcs Group Incorporated Incorporated has invested 0.01% in Scripps Networks Interactive, Inc. (SNI) shares Jumped 0.96% and ended the day at $87.68. (NYSE:DAL). Teacher Retirement Systems Of Texas accumulated 0.13% or 435,260 shares. Shapiro Capital Ltd Com holds 4,100 shares. Alps reported 0% stake. Dimensional Fund Advsr Limited Partnership holds 838,733 shares or 0.02% of its portfolio.

Since August 8, 2017, it had 0 insider purchases, and 1 sale for $101,795 activity. Zacks Investment Research lowered shares of Scripps Networks Interactive from a "hold" rating to a "sell" rating in a research report on Friday, January 5th. Therefore 21% are positive. AT&T Inc. had 68 analyst reports since July 27, 2015 according to SRatingsIntel. Scripps Networks Interactive, Inc. (NASDAQ:SNI) earned "Hold" rating by Argus Research on Tuesday, August 1. Scripps Networks Interactive, Inc. Two investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and three have assigned a buy rating to the stock. The rating was maintained by RBC Capital Markets with "Outperform" on Thursday, August 17. As per Wednesday, December 2, the company rating was upgraded by Morgan Stanley. (NASDAQ:SNI) on Wednesday, September 6 with "Hold" rating. Finally, Toronto Dominion Bank boosted its position in shares of Scripps Networks Interactive by 499.8% in the third quarter. (NASDAQ:SNI) on Friday, November 13 to "Outperform" rating. The firm has "Hold" rating given on Tuesday, October 3 by KeyBanc Capital Markets.

Analysts await Asbury Automotive Group, Inc. Bank of America downgraded the shares of SNI in report on Thursday, October 27 to "Underperform" rating. The firm has "Hold" rating by Cowen & Co given on Wednesday, September 6. The stock has "Buy" rating by Jefferies on Friday, August 12. Therefore 95% are positive. Asbury Automotive had 21 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by Scotia Capital on Thursday, March 23 with "Buy". The stock has "Hold" rating by RBC Capital Markets on Tuesday, June 6. The firm has "Hold" rating by Citigroup given on Friday, January 29. HSBC has "Buy" rating and $7.3 target.

Investors sentiment increased to 1.17 in Q3 2017. Its up 0.17, from 0.98 in 2017Q2. 92 funds opened positions while 271 raised stakes. 328.54 million shares or 9.34% more from 300.48 million shares in 2017Q2 were reported. Hartford Investment Com accumulated 22,542 shares or 0.04% of the stock.

In related news, Director Michael R. Costa sold 18,955 shares of the business's stock in a transaction dated Tuesday, December 19th. Principal Grp Inc has 0.01% invested in Asbury Automotive Group, Inc. M&R Mgmt Incorporated reported 0% of its portfolio in Delta Air Lines, Inc. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Ensco plc (NYSE:ESV).

Adams Asset Advisors Llc, which manages about $828.72M and $733.52M US Long portfolio, upped its stake in Hewlett Packard Company by 16,693 shares to 279,996 shares, valued at $5.59M in 2017Q3, according to the filing. For the past full year, shares are 17.83%. First Manhattan stated it has 42,275 shares or 0.02% of all its holdings. Its down 16.63% from 4.61 million shares previously.

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