Economy

The Nexstar Broadcasting Group Inc. (NXST) Upgraded at Zacks Investment Research

It has outperformed by 2.73% the S&P500.

Caledonia Private Investments Pty Ltd increased Martin Marietta Materials Inc (MLM) stake by 5.76% reported in 2017Q2 SEC filing. In the last ninety days, insiders have sold 977,932 shares of company stock valued at $58,630,802. The Tompkins Financial Corp holds 2,452 shares with $267,000 value, down from 29,979 last quarter. Martin Marietta Materials Inc now has $13.03B valuation. Caledonia Private Investments Pty Ltd acquired 41,261 shares as Martin Marietta Materials Inc (MLM)'s stock rose 4.98%. Andeavor (NYSE:TSO) has risen 7.01% since November 1, 2016 and is uptrending. It has outperformed by 22.39% the S&P500. Jefferies Group restated a buy rating and issued a $60.00 price objective on shares of Nexstar Broadcasting Group in a research report on Wednesday, September 28th. Therefore 100% are positive. Nexstar Broadcasting Group had 25 analyst reports since August 5, 2015 according to SRatingsIntel. The target price per share gives upside of 24.31 % from the last stock close. Royal Bank Of Canada reiterated a "buy" rating and issued a $83.00 price target on shares of Nexstar Broadcasting Group in a research report on Thursday, July 6th. The rating was maintained by Jefferies with "Buy" on Monday, August 14. Morgan Stanley upgraded it to "Buy" rating and $11000 target in Tuesday, May 30 report. The stock has "Outperform" rating by Wedbush on Wednesday, January 18. On Wednesday, November 9 the stock rating was maintained by Wedbush with "Outperform". Zacks Investment Research cut shares of Nexstar Broadcasting Group from a "hold" rating to a "sell" rating in a report on Wednesday, July 12th. As per Wednesday, November 18, the company rating was initiated by Stephens.

Several equities analysts have recently commented on NXST shares. As per Wednesday, July 5, the company rating was maintained by RBC Capital Markets.

Investors sentiment decreased to 1.14 in 2017 Q2. The Manufacturers Life Insurance Company now owns 35,179 shares of the company's stock worth $2,104,000 after purchasing an additional 1,434 shares during the last quarter. It worsened, as 42 investors sold Nexstar Media Group Inc shares while 57 reduced holdings. 37 funds opened positions while 76 raised stakes. Envestnet Asset Mgmt holds 0% or 7,505 shares in its portfolio. 163,325 shares of the stock traded hands. Massmutual Tru Fsb Adv holds 0% or 6,502 shares in its portfolio. Verition Fund Mngmt Lc invested 0.03% of its portfolio in Nexstar Media Group Inc (NASDAQ:NXST).

Nexstar Broadcasting Group (NASDAQ:NXST) last announced its quarterly earnings data on Tuesday, August 8th. Peak6 LP holds 0.02% or 43,616 shares. Cetera Advisor Netwr Ltd Liability Corp reported 0.01% stake. Morgan Stanley accumulated 0.01% or 329,027 shares. Parallax Volatility Advisers L P holds 5,695 shares. Roystone Capital Management Limited Partnership has 2.4% invested in Nexstar Media Group Inc (NASDAQ:NXST). 73,811 were reported by California Public Employees Retirement Sys.

Among 8 analysts covering Nexstar Broadcasting Group (NASDAQ:NXST), 8 have Buy rating, 0 Sell and 0 Hold.

Oppenheimer Asset Mngmt Inc holds 0.02% or 9,294 shares in its portfolio.

S Muoio And reported 1.69% of its portfolio in Nexstar Media Group Inc (NASDAQ:NXST). The Company's broadcast segment includes television stations and related community-focused Websites that it owns, operates, programs or provides sales and other services to in various markets across the United States.

According to Zacks, "Nexstar Broadcasting Group now owns, operates, programs or provides sales and other services to television stations in the states of Illinois, Indiana, Maryland, Missouri, Montana, Texas, Pennsylvania, Louisiana, Arkansas, Alabama and NY". It has a 25.7 P/E ratio.

Other hedge funds also recently modified their holdings of the company. Westfield Cap Limited Partnership owns 776,783 shares. Paypal Hldgs Inc Com was raised too. DUFFY ROBERT L had sold 33,600 shares worth $3.76M. (NDAQ:NXST), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 89% are positive. Nexstar Broadcasting Group has $90 highest and $60 lowest target. The company presently has an average rating of "Buy" and an average price target of $80.00. The stock decreased 3.12% or $0.12 on October 31, reaching $3.73. The firm has "Buy" rating by RBC Capital Markets given on Monday, September 18. The firm earned "Buy" rating on Monday, November 7 by Seaport Global Securities. American Retail Bank reported 36,110 shares. The stock has "Buy" rating by Citigroup on Wednesday, October 19. The rating was upgraded by Cleveland on Friday, March 31 to "Buy". Clear Harbor Asset Management Limited Liability Corporation reported 3,486 shares. The stock of Andeavor (NYSE:ANDV) has "Outperform" rating given on Monday, July 11 by Howard Weil. Citigroup initiated the stock with "Buy" rating in Friday, June 10 report.

Investors sentiment increased to 1.62 in Q2 2017. Its down 0.10, from 1.03 in 2017Q1.

A number of institutional investors have recently bought and sold shares of NXST. Adage Capital Ptnrs Grp Ltd Company holds 0.03% or 112,100 shares. Ameritas Investment Prtn has 2,792 shares. Teacher Retirement System of Texas now owns 3,584 shares of the company's stock worth $214,000 after purchasing an additional 99 shares during the last quarter. Brown Advisory Inc owns 618,745 shares for 0.11% of their portfolio. Neuberger Berman Grp Inc Limited Com accumulated 3.27 million shares. King Luther Cap Management accumulated 6,202 shares. 307,479 were reported by Rhumbline Advisers. Mutual Of America Capital Mgmt Ltd Co holds 0.04% or 23,879 shares. (NYSE:MLM). Goldman Sachs Gp Incorporated stated it has 390,858 shares or 0.02% of all its holdings. Tiaa Cref Inv Mngmt Limited stated it has 0.03% of its portfolio in Andeavor (NYSE:ANDV). 7,709 are owned by Westpac Corp. During the same quarter in the prior year, the firm earned $0.78 EPS. HRS's profit will be $158.54 million for 25.77 P/E if the $1.33 EPS becomes a reality. The company reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates of $0.92 by $0.01.

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