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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, Inc.as $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 https://www.truebluetribune.com/2017/10/03/sinclair-broadcast-group-inc-sbgi-upgraded-at-valuengine.html. 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.



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