Featured Stock to Focus: Sinclair Broadcast Group, Inc. (SBGI)

The institutional investor owned 145,211 shares of the company's stock after purchasing an additional 17,913 shares during the quarter. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Current market cap is $3.03B and the stock has an EPS of $2.90. The stock's 50 day moving average price is $29.50 and its 200-day moving average price is $34.14.

The share price of the company (NASDAQ:SBGI) was up +3.22%, with a high of 32.25 during the day and the volume of Sinclair Broadcast Group, Inc. shares traded was 3261958. With that said, researchers took a deep dive into the hotly debated question: is it too early to buy Sinclair Broadcast Group, Inc. Return on Equity (ROE) stands at 32.3% and Return on Investment (ROI) of 9.3 percent. They expect $0.40 earnings per share, down 42.86% or $0.30 from last year's $0.7 per share.

Analysts are also projecting an Average Revenue Estimate for Sinclair Broadcast Group, $668160 in the Current Quarter.

Also, the equity price plunged -2.92% % in three months, taking the six-month decrease to -22.1% as of recent close. Shareholders of record on Friday, September 1st were given a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 2.34%. The ex-dividend date was Wednesday, August 30th. Sinclair Broadcast Group, Inc. The legal version of this story can be read at Schwab Charles Investment Management Inc. now owns 521,946 shares of the company's stock worth $21,139,000 after buying an additional 59,777 shares in the last quarter. If you are viewing this news story on another publication, it was illegally stolen and reposted in violation of USA and worldwide copyright and trademark law.

Several research firms have recently issued reports on SBGI.

Based on the latest brokerage notes which have been released to investors, 3 brokers have issued a rating of "strong buy", 2 brokers "buy", 0 brokers "neutral", 0 brokers "sell" and 0 brokers "strong sell". Sinclair Broadcast Group Inc had 16 analyst reports since July 30, 2015 according to SRatingsIntel. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company's stock. 0 analysts gave its stock an Outperform rating.

Trading volume is a gauge of how many times a stock is bought and sold in a given time period (most commonly, within a day of trading, known as the average daily trading volume - ADTV).

Several large investors have recently bought and sold shares of the company. Renaissance Technologies LLC boosted its holdings in Sinclair Broadcast Group by 4,601.8% during the first quarter. Vanguard Group Inc. now owns 6,100,685 shares of the company's stock worth $247,078,000 after buying an additional 1,152,147 shares in the last quarter.

Sinclair Broadcast Group, Inc.'s average Book Value per Share Growth Rate was 87.2 percent during the past 12 months. BlackRock Inc. raised its stake in shares of Sinclair Broadcast Group by 18,421.8% in the 1st quarter. Bank of New York Mellon Corp increased its stake in shares of Sinclair Broadcast Group by 30.0% during the second quarter. Wells Fargo Communication Mn has invested 0% in Sinclair Broadcast Group Inc (NASDAQ:SBGI). Finally, Teacher Retirement System of Texas acquired a new stake in shares of Sinclair Broadcast Group in the 1st quarter worth approximately $242,000. The company stock experienced a 3.99% move to arrive at $41.75.

Sinclair Broadcast Group is a diversified broadcasting company that owns or provides programming services pursuant to local marketing agreements to more television stations than any other commercial broadcasting group in the United States.

Like this


04 October 2017
Greinke vs. Gray: Wild Card matchup
It's a matchup of under-the-radar franchises in the NL West that had turnaround seasons under first-year managers. The 2017 National League Wild Card Game gets underway just after 5 p.m., and you can hear the action on 98.7 FM.

04 October 2017
Indian soldiers killed in 'retaliatory firing' across LoC says Pakistan
Tensions between the rival neighbors continue to intensify over the restive province and its contested border. Indian Army retaliated with full force to the Pakistan's misadventure.

04 October 2017
Army Veteran: Las Vegas Shooting Worse Than Iraq Skirmishes
He said: "The hardest part about it for me is feeling like I couldn't get hold of somebody fast enough". "To get him. Seconds are going by, minutes are going by, and the rounds are continuously going.

04 October 2017
Homeless man jailed for knife murder of woman and son
But he may have been pushed over the edge when a mobile phone contract, which was being paid for him, was cancelled by the family. They paid for his mobile phone contract and even found him a job at Mr Wilkinson's firm in April past year .

04 October 2017
Ferrari and Vettel are letting Mercedes off the hook
Hamilton rarely gets beaten for pace, especially when starting from pole position. Red Bull's Max Verstappen overtook Hamilton easily early on to win the race.

04 October 2017
Inter Milan eyeing shock deal for Theo Walcott
The England winger has become a bit-part player for the Gunners in recent years, and is not part of any first-team plans. Jose Mourinho is also looking at trying to steal away Ozil on a free, with the lure of a huge signing on bonus.

04 October 2017
Uber board reportedly approves limiting Kalanick's power
Obviously, the power grab forced Kalanick to affirm control once again, according to a statement that Kalanick issued on Friday. The board was also set to vote on whether to sell $10 billion of stock to Japanese internet giant SoftBank, which it approved.

04 October 2017
Libyan city can become next Dubai once they 'clear dead bodies away'
There were gasps and laughter in the audience before the event's host, Baroness Stroud, steered him off the subject. Sources close to the Brexit Secretary, who also addresses party faithful during the day, played down the comments.

04 October 2017
Xiaomi sets sales record thanks to high demand in India
Connectivity options include 4G LTE, dual-band (2.4GHz and 5GHz) Wi-Fi 802.11ac, GPS/ A-GPS, Bluetooth v5.0, and USB Type-C. If Xiaomi manages to keep the pricing of the device below Rs. 30,000, it would be a game changer in the Indian market.

04 October 2017
Amazon India Launches Great Indian Sale with upto 80% on select categories
What's more, on making payment using Amazon Pay, users can avail up to 15 percent cash back (maximum of Rs 300) on the purchase. The subscription gives Amazon customers eligibility for special discounts , early access to sales and free delivery and so on.