Nexstar Broadcasting Group, Inc. (NXST) Upgraded to "Buy" at ValuEngine

Ibis Capital Partners Llp Lowered Its Comcast New (CMCSA) Stake; Nexstar Media Group Class A (NXST) Sellers Increased By 17.49% Their Shorts
1832 Asset Management LP Upped Its Position in Costco Whsl New (COST) by $1.62 Million, As Nexstar Broadcasting
Author

15 July, 2017

ILLEGAL ACTIVITY WARNING: "Nexstar Broadcasting Group (NASDAQ:NXST) to Buyback $51.30 million in Outstanding Shares" was reported by BBNS and is the property of of BBNS. Insiders sold a total of 39,631 shares of company stock worth $2,778,049 over the last ninety days. The company reported $0.44 EPS for the quarter, beating analysts' consensus estimates of ($0.27) by $0.71. Russell Investments Group Ltd. acquired a new position in Nexstar Broadcasting Group during the fourth quarter worth $2,707,000. The same analysts are predicting that the company shares will trade to $84.50 within the next 12-18 months. About 67,311 shares traded. Nexstar Media Group Inc (NXST) has risen 19.43% since July 12, 2016 and is uptrending. Deutsche Bank maintained the shares of BLK in report on Friday, August 5 with "Buy" rating. The insider RYDER ELIZABETH sold $70,000. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have issued a buy rating to the company's stock. Therefore 73% are positive.

03/07/2017 - TEGNA had its "outperform" rating reiterated by analysts at Barrington Research. The firm has "Hold" rating given on Thursday, October 29 by LB Securities. The rating was maintained by Barrington Research with "Outperform" on Monday, November 14. As per Tuesday, June 14, the company rating was upgraded by Citigroup. The firm earned "Neutral" rating on Monday, January 4 by Macquarie Research.

In other Nexstar Broadcasting Group news, Director John R. Muse sold 38,631 shares of Nexstar Broadcasting Group stock in a transaction on Thursday, April 27th. The firm has "Positive" rating by Susquehanna given on Friday, October 28. The company was initiated on Wednesday, September 14 by Robert W. Baird.

Investors sentiment increased to 0.96 in 2016 Q4. Its up 0.01, from 1.17 in 2016Q3. It increased, as 59 investors sold COST shares while 405 reduced holdings. Keeley Asset reported 654,247 shares. First Advsr Limited Partnership accumulated 37,843 shares. 89,520 are held by Cipher Cap Limited Partnership. Waratah Advsrs Ltd has 343,748 shares. Clenar Muke Llc holds 0.08% or 4,577 shares in its portfolio. Alps invested in 0% or 7,844 shares. During the same period in the previous year, the business posted $0.69 earnings per share. Warburg Pincus Ltd Llc reported 56.71M shares. Balyasny Asset Management Limited Liability stated it has 77,928 shares or 0.03% of all its holdings. New York State Common Retirement Fund, New York-based fund reported 140,164 shares. Kennametal Inc (NYSE:KMT) was raised too. Navellier & Associates accumulated 6,900 shares or 0.18% of the stock. Ameriprise invested in 0% or 63,841 shares.

1832 Asset Management Lp increased its stake in Costco Whsl Corp New (COST) by 0.77% based on its latest 2016Q4 regulatory filing with the SEC. Bridgeway Capital Mgmt Inc owns 1.48 million shares or 0.46% of their U.S. portfolio. FMR LLC raised its position in Nexstar Broadcasting Group by 1.9% in the fourth quarter. Therefore 100% are positive. Nexstar Broadcasting Group, Inc.

A number of brokerages recently issued reports on NXST. Community Bancorporation Na holds 0% of its portfolio in Nexstar Media Group Inc (NASDAQ:NXST) for 50 shares. The stock of Nexstar Media Group Inc (NASDAQ:NXST) earned "Outperform" rating by Wedbush on Wednesday, March 1. The rating was maintained by Wedbush with "Outperform" on Wednesday, November 9. The company presently has an average rating of "Buy" and an average target price of $78.00. The stock has "Outperform" rating by Wedbush on Wednesday, March 1. The stock of Nexstar Media Group Inc (NASDAQ:NXST) earned "Overweight" rating by Stephens on Wednesday, November 18. Wells Fargo & Company reaffirmed an "outperform" rating and set a $85.00 price objective on shares of Nexstar Broadcasting Group in a research report on Friday.

Investors sentiment increased to 1.1 in 2016 Q4. Its up 0.08, from 0.88 in 2016Q3. It worsened, as 8 investors sold AG Mortgage Investment Trust Inc shares while 35 reduced holdings. 34 funds opened positions while 59 raised stakes. Moreover, Blackrock Institutional Tru Na has 0.01% invested in Nexstar Media Group Inc (NASDAQ:NXST) for 794,522 shares. State Street Corporation accumulated 0% or 313,500 shares. Papp L Roy And Assoc holds 1.04% or 28,301 shares in its portfolio. Rhumbline Advisers holds 33,155 shares. Another trade for 100,000 shares valued at $16.64M was sold by SINEGAL JAMES D. Another trade for 3,180 shares valued at $514,302 was sold by Vachris Roland Michael.

Nexstar Broadcasting Group (NASDAQ:NXST) last released its quarterly earnings results on Tuesday, May 9th. Tiedemann Wealth Limited Company, New York-based fund reported 23,941 shares. Citadel Advisors reported 6,578 shares. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The legal version of this news story can be accessed at https://www.themarketsdaily.com/2017/07/13/oppenheimer-asset-management-inc-acquires-new-stake-in-nexstar-broadcasting-group-inc-nxst-updated.html.

Since January 14, 2017, it had 0 buys, and 6 sales for $3.67 million activity. SOOK PERRY A sold $765,243 worth of stock. Also, Director John R. Muse sold 700 shares of the stock in a transaction on Thursday, April 20th. Its Media segment includes core advertising, including local and national non-political advertising; political advertising during elections; retransmission that represents satellite and cable networks, and telecommunications companies to carry its television signals; digital that includes digital marketing services and advertising on the stations' Websites, tablet and mobile products, and other services. Shares for $667,799 were sold by Rose Timothy L. Hines Daniel M. sold $906,598 worth of Costco Wholesale Corporation (NASDAQ:COST) on Tuesday, June 6.


More news


  • FleetCor Technologies, Inc. (FLT) Downgraded by BidaskClub to Sell

    Institutional investors have recently modified their holdings of the company. 0 funds opened positions while 0 raised stakes. Blue Bell Private Wealth Management Llc holds 8.26% of its portfolio in Tri-Continental Corporation for 615,204 shares.

    The Alaska Air Group, Inc. (NYSE:ALK) Upgraded by BidaskClub to Buy

    The Chairman now owns $13,261,283 of the stock according to the SEC filing. 11,800 were reported by Crestpoint Management Ltd. Equities research analysts anticipate that Alaska Air Group, Inc . will post $8.10 earnings per share for the current year.

    Could Euronet Worldwide, Inc. (EEFT) Change Direction After Reaching 52-Week High?

    Euronet Worldwide, Inc.is an electronic payments provider. (NASDAQ:EEFT) has risen 8.96% since July 14, 2016 and is uptrending. As of the end of the quarter Baird Financial Group, Inc. had sold a total of 106,722 shares trimming its position 16.1%.
  • Navistar International Corporation Target of Unusually High Options Trading (NYSE:NAV)

    The company reported ($0.73) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.08) by $0.65. Geode Capital Management LLC boosted its stake in shares of Albany International Corporation by 5.6% in the first quarter.

    The Noble Energy Inc. (NYSE:NBL) Rating Reiterated by Credit Suisse Group

    It operates through four business groups: Aerospace, Combat Systems, Information Systems and Technology, and Marine Systems. Noble Energy Inc (NYSE: NBL ) now has a trailing P/E of -17.97 while its forward P/E according to Thomson Reuters is 88.13.
    The Eqis Capital Management Inc. Sells 1223 Shares of Abbott Laboratories (ABT)

    The Eqis Capital Management Inc. Sells 1223 Shares of Abbott Laboratories (ABT)

    The current share price indicates that stock is -3.04% away from its one year high and is moving 28.62% ahead of its 52-week low. Following the sale, the insider now directly owns 51,313 shares of the company's stock, valued at approximately $2,248,535.66.
  • Overwatch: Blizzard will detail the new punishment system soon

    Overwatch: Blizzard will detail the new punishment system soon

    Overwatch game director Jeff Kaplan said Thursday there is an update to the current punishment system on the way. But there's more on the way, particularly for offenders in normal play.
    Ronda Rousey meets up with Triple H at WWE event

    Ronda Rousey meets up with Triple H at WWE event

    Forbes reports that there may be more truth to the gossip, now that Rousey seems to have given up on her UFC dreams. The Mae Young Classic Parade of Champions introduced two surprise entrants, one familar face and one new one.
    Galatasaray part ways with Wesley Sneijder

    Galatasaray part ways with Wesley Sneijder

    The Dutchman won two Turkish Super Lig titles, three Turkish Cups and three Turkish Super Cups while he was a Galatasaray player. Galatasaray terminate the contract of Wesley Sneijder after the Netherlands global pays the Turkish giants £3.9m.
  • Man killed 4 after feeling cheated in drug deals

    It was the discovery of Meo's auto on a DiNardo family property a half-mile from the farm that led to Cosmo DiNardo's re-arrest. Weintraub said he does not know what led DiNardo to confess. "I'd like to think that he wanted to help us get the boys home".
    Asian markets edge higher as investors await earnings

    Asian markets edge higher as investors await earnings

    The Dow was trading above its record high. "It is a resilient market, impervious to whatever comes out of Washington". Brent crude, used to price worldwide oils, gained 22 cents, or 0.5 percent, to close at $47.74 per barrel in London.
    Aprueba Congreso de Tabasco Ley Anticorrupción

    Aprueba Congreso de Tabasco Ley Anticorrupción

    Además, se otorgan atribuciones al fiscal General del Estado para que se involucre en el combate a los delitos en materia de corrupción.