Economy

Nexstar Media Group, Inc. (NASDAQ:NXST) Trading Down - Insider Trading Activity

Kidder Stephen W who had been investing in Smucker J M for a number of months, seems to be bullish on the $11.92 billion market cap company. (NasdaqGS:NXST) shares, we note that the Book to Market ratio of the shares stands at 0.414055. 924666 shares were traded during the last session. It has underperformed by 17.54% the S&P500. Stock buyback plans are typically an indication that the company's board of directors believes its shares are undervalued. The company has market cap of $2.88 billion. BlackRock Inc. now owns 2,975,324 shares of the company's stock worth $208,720,000 after purchasing an additional 2,972,807 shares during the period. About 337,695 shares traded. Nexstar Media Group Inc (NASDAQ:NXST) has risen 19.43% since October 4, 2016 and is uptrending. It has outperformed by 2.73% the S&P500. Two research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Therefore 67% are positive.

A number of equities analysts have weighed in on the stock. The firm has "Outperform" rating given on Wednesday, November 9 by Wedbush. JP Morgan downgraded J M Smucker Co (NYSE:SJM) on Thursday, August 24 to "Neutral" rating. Royal Bank Of Canada reiterated a "buy" recommendation and given a $81.00 target price on the stock of Nexstar Broadcasting Group in a study report on early Mon, Sep 18th. The company was upgraded on Monday, September 28 by Bernstein. The firm earned "Neutral" rating on Wednesday, January 27 by Robert W. Baird. Floridia Aaron Gatt had sold 40,000 shares worth $2.77M on Monday, June 12. First Heartland Consultants Inc holds 1,626 shares. The shares were sold at an average price of $60.01, for a total value of $180,030.00. Narrowing in a bit closer, the 5 month price index is 0.93731, the 3 month is 1.02712, and the 1 month is now 1.03065. 153 funds opened positions while 670 raised stakes. Haverford Trust owns 470 shares or 0.01% of their USA portfolio. Sandy Spring Commercial Bank invested in 7,815 shares or 0.15% of the stock. Cipher Cap LP holds 7,133 shares. Archford Capital Strategies Limited Liability has 0.37% invested in J M Smucker Co (NYSE:SJM) for 13,924 shares. Buckingham Inc accumulated 1,194 shares. Lenox Wealth Mgmt reported 6,815 shares stake. Northern Corp accumulated 0.1% or 1.80 million shares.

TRADEMARK VIOLATION NOTICE: "Westfield Capital Management Co". Duncker Streett & invested in 3,711 shares or 0.14% of the stock. 327,536 are held by Beach Point Capital Mgmt L P. Community National Bank & Trust Na owns 50 shares or 0% of their USA portfolio. Old Second Bancorporation Of Aurora reported 1.31% stake. Teachers Retirement Systems Of The State Of Kentucky holds 0.02% or 11,974 shares in its portfolio.

Nexstar Broadcasting Group (NASDAQ:NXST) last released its quarterly earnings data on Tuesday, August 8th. Therefore 83% are positive. Nexstar Broadcasting Group had a net margin of 5.44% and a return on equity of 18.35%. The firm has "Outperform" rating by Wedbush given on Wednesday, January 18. The rating was maintained by Jefferies on Thursday, July 13 with "Buy". Jefferies reissued a "buy" recommendation and fixed a $80.00 price objective on the stock of Nexstar Broadcasting Group in a note on Thurs, Sep 21st. The firm earned "Buy" rating on Monday, August 14 by Jefferies. The rating was maintained by Jefferies with "Buy" on Monday, August 14. Zacks Investment Research lowered shares of Nexstar Broadcasting Group from a "hold" rating to a "sell" rating in a report on Wednesday, July 12th. Canaccord Genuity has "Buy" rating and $120000 target. Nexstar Broadcasting Group now has a consensus rating of "Buy" and an average target price of $78.71. The company was maintained on Monday, September 18 by RBC Capital Markets. (NASDAQ:NXST) Director John R. Muse sold 641,240 shares of the stock in a transaction that occurred on Thursday, September 28th. Wedbush maintained it with "Outperform" rating and $80 target in Wednesday, March 1 report.

Park West Asset Management Llc increased Nexstar Media Group Inc (NXST) stake by 59.77% reported in 2017Q2 SEC filing. Also Nasdaq.com published the news titled: "The Zacks Analyst Blog Highlights: Goldman Sachs, Sony, Amazon.com, Pandora ..." on September 25, 2017.

Riverbridge Partners Llc decreased Gentex Corporation (GNTX) stake by 2.74% reported in 2017Q2 SEC filing. Simcoe Capital Management LLC owned approximately 0.94% of Nexstar Broadcasting Group worth $26,538,000 at the end of the most recent quarter.

10/17/2013 - Credit Suisse began new coverage on Nexstar Broadcasting Group, Inc. giving the company a "outperform" rating.

Investors sentiment decreased to 1.14 in Q2 2017. 226.47 million shares or 2.40% less from 232.03 million shares in 2017Q1 were reported. It is negative, as 42 investors sold NXST shares while 57 reduced holdings. 47 funds opened positions while 120 raised stakes. Ngam Ltd Partnership has invested 0.07% in Nexstar Media Group Inc (NASDAQ:NXST). Vanguard Group added additional shares of Nexstar Broadcasting Group by 54.3% in the Q1. Point72 Asset Mgmt Limited Partnership has invested 0.01% in Nexstar Media Group Inc (NASDAQ:NXST). Nexstar Media Group Inc (NASDAQ:NXST) has risen 19.43% since October 4, 2016 and is uptrending. The Volatility 12m of Nexstar Media Group, Inc. Walleye Trading Limited Liability Co has invested 0% of its portfolio in Nexstar Media Group Inc (NASDAQ:NXST). Luxor Group Lp holds 1.45% in Nexstar Media Group Inc (NASDAQ:NXST) or 347,965 shares. (NYSE:STZ). Creative Planning, a Kansas-based fund reported 19,450 shares. Vanguard Group Inc. now owns 3,439,610 shares of the company's stock worth $241,289,000 after acquiring an additional 1,209,744 shares during the period. The Volatility 3m of Nexstar Media Group, Inc. Price T Rowe Assoc Incorporated Md reported 19,922 shares.



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