Towerview buys $992,280 stake in Emmis Communications Corporation (EMMS)

Emmis Communications Corporation (EMMS) : Towerview scooped up 14,420 additional shares in Emmis Communications Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 20, 2016. The investment management firm now holds a total of 248,070 shares of Emmis Communications Corporation which is valued at $992,280.Emmis Communications Corporation makes up approximately 0.42% of Towerview’s portfolio.

Other Hedge Funds, Including ,

Emmis Communications Corporation closed down -0.04 points or -1.01% at $3.93 with 7,844 shares getting traded on Wednesday. Post opening the session at $3.91, the shares hit an intraday low of $3.91 and an intraday high of $4 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Emmis Communications Corporation is a diversified media company focused on radio broadcasting. The Company owns 18 frequency modulation (FM) and 3 amplitude modulation (AM) radio stations in New York Los Angeles St. Louis Austin Indianapolis and Terre Haute Indiana and operates two additional stations in New York (one FM and one AM) pursuant to a local marketing agreement (LMA) whereby the Company provides the programming for these stations and sells all advertising within that programming. In addition one of the FM radio stations that the Company owns in New York is operated pursuant to an LMA by a third party. The Company also publishes several city and regional magazines. Its publishing operations consist of Texas Monthly Los Angeles Atlanta Indianapolis Monthly Cincinnati and Orange Coast.

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