Salem Media Group Inc (SALM) Shares Bought by North Star Investment Management Corp.

… during the period. Millennium Management LLC purchased a new position in shares of Salem Media Group in the 2nd quarter valued at $1,234,000.

Salem Media Group logoNorth Star Investment Management Corp. boosted its stake in shares of Salem Media Group Inc (NASDAQ:SALM) by 1.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 387,290 shares of the company’s stock after acquiring an additional 6,531 shares during the quarter. North Star Investment Management Corp. owned approximately 1.48% of Salem Media Group worth $809,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of SALM. Dimensional Fund Advisors LP raised its stake in shares of Salem Media Group by 1.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,224,454 shares of the company’s stock valued at $6,306,000 after acquiring an additional 22,729 shares during the period. Paloma Partners Management Co purchased a new position in shares of Salem Media Group in the 2nd quarter valued at $291,000. First Wilshire Securities Management Inc. raised its stake in shares of Salem Media Group by 3.4% in the 2nd quarter. First Wilshire Securities Management Inc. now owns 415,739 shares of the company’s stock valued at $2,141,000 after acquiring an additional 13,554 shares during the period. Millennium Management LLC purchased a new position in shares of Salem Media Group in the 2nd quarter valued at $1,234,000. Finally, O Shaughnessy Asset Management LLC purchased a new position in shares of Salem Media Group in the 3rd quarter valued at $122,000. 26.65% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages have recently commented on SALM. Zacks Investment Research raised shares of Salem Media Group from a “sell” rating to a “hold” rating in a research note on Wednesday, October 10th. ValuEngine raised shares of Salem Media Group from a “strong sell” rating to a “sell” rating in a research note on Friday, January 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $7.63.

Salem Media Group stock opened at $2.35 on Wednesday. Salem Media Group Inc has a 12-month low of $2.03 and a 12-month high of $6.25. The firm has a market cap of $63.89 million, a P/E ratio of 10.68 and a beta of 1.37. The company has a current ratio of 0.89, a quick ratio of 0.88 and a debt-to-equity ratio of 1.06.

Salem Media Group (NASDAQ:SALM) last released its quarterly earnings results on Wednesday, November 7th. The company reported $0.05 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.03. Salem Media Group had a net margin of 8.46% and a return on equity of 2.42%. The firm had revenue of $65.53 million for the quarter, compared to the consensus estimate of $65.85 million. On average, equities analysts expect that Salem Media Group Inc will post 0.2 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, December 21st. Investors of record on Friday, December 7th were paid a dividend of $0.065 per share. This represents a $0.26 annualized dividend and a yield of 11.06%. The ex-dividend date was Thursday, December 6th. Salem Media Group’s dividend payout ratio (DPR) is 118.18%.

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About Salem Media Group

Salem Media Group, Inc operates as a multimedia company in the United States. It operates through three segments: Broadcast, Digital Media, and Publishing. The company owns and operates radio networks, which produce and distribute talk, news, and music programming to radio stations, as well as sells commercial airtime.

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Institutional Ownership by Quarter for Salem Media Group (NASDAQ:SALM)

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Salem Rotary Club introduces new leadership

… Rob Lutts of Cabot Money Management, Inc., Trip Mason of F. D. Mason Co., Francesco Sabelli of Solairus Aviation and Spark Capital, Mark Shaw …

The Salem Rotary Club introduced its new leadership team at its annual installation dinner event held at Harbor Point at Root NS last month.

Rinus Oosthoek, executive director of the Salem Chamber of Commerce, will serve as Salem Rotary Club president for the 2018-19 term. Adria Duijvesteijn, senior director of external relations at Salem State University, will serve as vice president. Dr. Richard Eisner of Eisner Podiatry will continue to serve as secretary and Bill Henning, vice president of commercial lending at Beverly Bank will serve as treasurer.

Jason Consalvo, vice president and community business banker at Salem Five Bank, is the club’s immediate past president. The term for the new leadership team is from July 1, 2018 through June 30, 2019.

“Rotary needs to Be the Inspiration for positive change, inspiring our local and worldwide communities to face today’s challenges head on,” says Oosthoek. “I am tremendously honored to have been selected by our club to lead the way in 2018-19.”

The Board of Directors also includes: Marie Cardillo of the Salem Connection, Scott Grover of Tinti, Quinn, Grover & Frey, Patrick Langmaid of Beverly Bank, Rob Lutts of Cabot Money Management, Inc., Trip Mason of F. D. Mason Co., Francesco Sabelli of Solairus Aviation and Spark Capital, Mark Shaw of M. R. Shaw Insurance Agency LLC, Kathie Strout of Century 21 Real Estate, David Wescott of Instant Alarm Company, and Bruce Whear of Wire 4 Hire.

The Salem Rotary Club was established in 1918 to encourage and foster the ideal of service in the community. The club meets every Tuesday at 12:15 p.m. at the Hawthorne Hotel in Salem. For information on Salem Rotary visit http://salemrotary.com.

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Foundry Partners LLC Takes $1.11 Million Position in Salem Media Group Inc (SALM)

Renaissance Technologies LLC lifted its position in Salem Media Group by 10.7% in the fourth quarter. Renaissance Technologies LLC now owns …

Salem Media Group logoFoundry Partners LLC acquired a new position in Salem Media Group Inc (NASDAQ:SALM) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 306,840 shares of the company’s stock, valued at approximately $1,105,000. Foundry Partners LLC owned about 1.17% of Salem Media Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN boosted its position in shares of Salem Media Group by 327.9% in the fourth quarter. Wells Fargo & Company MN now owns 45,520 shares of the company’s stock valued at $206,000 after acquiring an additional 34,881 shares during the period. Renaissance Technologies LLC lifted its position in Salem Media Group by 10.7% in the fourth quarter. Renaissance Technologies LLC now owns 283,400 shares of the company’s stock worth $1,275,000 after purchasing an additional 27,300 shares during the period. Deutsche Bank AG lifted its position in Salem Media Group by 222.0% in the fourth quarter. Deutsche Bank AG now owns 84,675 shares of the company’s stock worth $379,000 after purchasing an additional 58,376 shares during the period. Stone Ridge Asset Management LLC acquired a new position in Salem Media Group during the fourth quarter worth $158,000. Finally, Millennium Management LLC acquired a new position in Salem Media Group during the fourth quarter worth $253,000. Hedge funds and other institutional investors own 31.08% of the company’s stock.

SALM opened at $5.35 on Wednesday. The firm has a market capitalization of $113.83 million, a P/E ratio of 24.32 and a beta of 1.21. Salem Media Group Inc has a 1 year low of $3.10 and a 1 year high of $7.50. The company has a quick ratio of 1.13, a current ratio of 1.15 and a debt-to-equity ratio of 1.08.

Salem Media Group (NASDAQ:SALM) last released its earnings results on Tuesday, May 8th. The company reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.07. Salem Media Group had a return on equity of 2.39% and a net margin of 9.30%. The firm had revenue of $63.80 million during the quarter, compared to the consensus estimate of $63.53 million. research analysts expect that Salem Media Group Inc will post 0.33 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 29th. Shareholders of record on Friday, June 15th will be issued a $0.065 dividend. The ex-dividend date of this dividend is Thursday, June 14th. This represents a $0.26 dividend on an annualized basis and a yield of 4.86%. Salem Media Group’s payout ratio is presently 118.18%.

SALM has been the subject of a number of research reports. Noble Financial restated a “buy” rating on shares of Salem Media Group in a research note on Wednesday, May 9th. Gabelli reiterated a “buy” rating on shares of Salem Media Group in a report on Wednesday, June 20th. Zacks Investment Research upgraded Salem Media Group from a “sell” rating to a “hold” rating in a report on Tuesday, February 27th. Finally, ValuEngine raised Salem Media Group from a “sell” rating to a “hold” rating in a research report on Friday, June 15th.

Salem Media Group Profile

Salem Media Group, Inc operates as a multimedia company in the United States. It operates through three segments: Broadcast, Digital Media, and Publishing. The company owns and operates radio networks, which produce and distribute talk, news, and music programming to radio stations, as well as sells commercial airtime.

Institutional Ownership by Quarter for Salem Media Group (NASDAQ:SALM)

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Shapeshifting…The Way of a Wood Witch

Therianthropy is the magical art of human to animal transformations, more commonly known as shapeshifting. It is an ancient shamanic art, richly steeped within many cultures and beliefs. Greek Mythology has many cases of gods and goddesses using shapeshifting as a way to punish their victims.

Therianthropy is the magical art of human to animal transformations, more commonly known as shapeshifting. It is an ancient shamanic art, richly steeped within many cultures and beliefs. Greek Mythology has many cases of gods and goddesses using shapeshifting as a way to punish their victims. Athena’s revenge on Medusa is one that stands out in the crowd. There’s even folklore of the Booger Dog, a foul smelling shapeshifter also referred to as a hellhound, a myth brought to the Ozarks from our Scots-Irish ancestors.

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When I became interested in shapeshifting as a practice, I not only wanted to experience this ancient magic, I wanted to know of my Germanic and Celtic ancestors’ roots and the folklore to this beautiful art as well.

I’ve read the tales from the Germanic and Irish witches, detailing their relationships with the fetch, their animal familiars on which they rode to their sabbaths. The witches fed and cared for the animals in payment for flight. Lore told that anyone placing eyes upon the witches’ fetch knew well of their fate and the looming call of death that was soon to be upon them.

The Germans spoke of doppelgängers, a look alike type of shifter, and Celtic witches warnings of P’uca, a type of fae that could shapeshift into terrifyingly horrible forms at will.

In the old German fairy tale The Frog’s Bridegroom by Gustau Jungbauer, there’s a man named Hansi who marries a frog only to find out later that his bride was truly a beautiful woman, who had shapeshifted into her frog form. That had to seriously improve that grooms day!

In the movie The Witch, they show us a witch who transforms into a hare, reaping havoc on a woodland family. In Europe, it was common for folk to believe in goddesses and gods that associated with the hare. This practice that celebrated old heathen beliefs and traditions, managed to survive even after Christianity’s rise.

Legend tells of the Germanic goddess Eostre, a deity that could give witches aid in achieving this art. It was said that when a hunter would shoot a hare, he would go to retrieve his catch, only to find instead that the hare had transformed into a woman’s dead body. In the 1600s a witch named Isobel Gowdie admitted in court to her shapeshifting abilities. She stated that she was capable of shifting into a hare and would do so to join other witches, and gave the exact incantation for her shapeshifting rites.

My interest then shifted to the ancestors of my land. Researching this brought me some interesting information that I’ve incorporated into my own practice. Being in northern Wisconsin, I knew that I would find Native Americans as the wise ones, the true shaman and shapeshifters of the land.

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Indeed, I found the Chippewa, or Ojibwa, the Sauk Fox tribes, Ho Chunk, and the Potawatomi tribes. I learned of their Effigy mounds that where discovered in the shape of animals, found as burial sites for the early Wisconsin inhabitants. They used sweat lodges before they shifted, which they felt aided dreaming and healing, and used pine and birch for the fires to enhance dream states.

They smoked tobacco in their rituals, feeling this a symbol of honesty, and a sign of their request to the animal spirits they wished to contact.

So with all this folklore in tow, I started my own practice. I made a bracelet of rowan berries and laborite. Rowan berries are an excellent protector, giving the aid of control over the spirits. Laborite is a stone of the soul worker. It assists the witch through the changes that occur during this practice, protects one’s aura, and offers strength and perseverance.

I burn dandelion leaves to call to the wild ones, and I drink a dandelion mead.

I make an ointment of popular buds, and the ground up bones of the animals I desire to shift with. As the Celtic witches, and the Native American shaman, I too use the animals feathers, skin, and bones in my dress, and workings. I carry a mojo bag with the rune Algiz, linked to the Elk, and I use this to connect with animal spirits and for protection. I have a bonfire, using the same birch and pine logs, while chanting, drumming, and dancing myself into other magical realms.

I feed the animals of the woods I want to work with, for there is always a price to be paid. That being said, know there are risks for practicing this art, some who travel this crooked path come back whole, enlightened, with a fire in their head. Some aren’t that lucky, unable to return, either being lost or forgetting their true form. So study well, take precautions, and protect yourself if this is a practice you want to incorporate into your magical workings.

In conclusion, I leave you with this song, a magical little tune from pagan artist Sharon Knight, telling of the fates of those who practice these kind of arts. Fire in the Head, enjoy! )0(

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