Arbor Wealth Management LLC purchased a new stake in Videocon d2h Ltd – (NASDAQ:VDTH) during the third quarter, according to its most recent 13F filing with the SEC. The firm purchased 51,323 shares of the company’s stock, valued at approximately $438,000.
Several other large investors have also recently added to or reduced their stakes in VDTH. Boston Partners raised its position in Videocon d2h by 5.7% during the 2nd quarter. Boston Partners now owns 2,047,487 shares of the company’s stock worth $19,943,000 after buying an additional 109,736 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Videocon d2h during the 2nd quarter worth approximately $791,000. FACTORIAL MANAGEMENT Ltd grew its stake in shares of Videocon d2h by 8.7% during the 2nd quarter. FACTORIAL MANAGEMENT Ltd now owns 155,162 shares of the company’s stock worth $1,599,000 after purchasing an additional 12,373 shares during the period. Pinnacle Associates Ltd. grew its stake in shares of Videocon d2h by 2.7% during the 2nd quarter. Pinnacle Associates Ltd. now owns 160,733 shares of the company’s stock worth $1,566,000 after purchasing an additional 4,200 shares during the period. Finally, Dalton Investments LLC grew its stake in shares of Videocon d2h by 290.0% during the 2nd quarter. Dalton Investments LLC now owns 3,060,110 shares of the company’s stock worth $29,805,000 after purchasing an additional 2,275,550 shares during the period. Institutional investors and hedge funds own 27.73% of the company’s stock.
Videocon d2h Ltd – (VDTH) traded up $0.44 during trading on Tuesday, reaching $9.95. 34,058 shares of the company were exchanged, compared to its average volume of 725,500. Videocon d2h Ltd – has a 1 year low of $7.85 and a 1 year high of $11.74. The firm has a market cap of $1,002.03, a PE ratio of 248.81 and a beta of 1.90. The company has a quick ratio of 0.16, a current ratio of 0.17 and a debt-to-equity ratio of 0.02.
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Videocon d2h Company Profile
Videocon d2h Limited is engaged in the provision of direct to home (DTH) subscription television services to subscribers in India. The Company operates under the Videocon d2h brand. The Company is engaged in the transmission of programming to subscribers through satellite broadcasting. Its subscribers have access to over 550 national and international channels and services, including approximately 45 high definition (HD) channels and services, and over 42 audio and video services through its Music Channel Services through several subscription packages, as well as the option of choosing add-ons and a la carte channels and receiving certain discounts through long-term recharge offers.
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