Nexstar Media Group Inc (NASDAQ:NXST) Director Lisbeth Mcnabb Sells 5000 Shares

Jeannie Matthews
January 14, 2018

Wedbush increased their price target on shares of Nexstar Broadcasting Group from $66.00 to $75.00 and gave the company an "outperform" rating in a report on Wednesday, January 18th. The stock increased 1.96% or $0.48 during the last trading session, reaching $24.73. About 542,867 shares traded. (NASDAQ:NXST) has risen 19.43% since January 10, 2017 and is uptrending. It has outperformed by 20.71% the S&P500.

Tiger Legatus Capital Management Llc decreased Nexstar Media Group Inc (NXST) stake by 18.33% reported in 2017Q3 SEC filing. Royce & Associates LP owned about 0.05% of Nexstar Media Group worth $1,503,000 as of its most recent filing with the Securities & Exchange Commission. Vaughan Nelson Investment Management L.P. now owns 1,538,285 shares of the company's stock valued at $95,834,000 after buying an additional 304,610 shares during the last quarter. Park West Asset Management Llc who had been investing in Nexstar Media Group Inc for a number of months, seems to be bullish on the $3.47B market cap company. The stock increased 1.72% or $1.35 during the last trading session, reaching $79.75. About 284,220 shares traded. Rovida Advisors Inc. acquired a new position in Nexstar Media Group during the 2nd quarter valued at about $2,912,000. (NASDAQ:NXST) has risen 19.43% since January 13, 2017 and is uptrending. It has outperformed by 2.73% the S&P500. Zacks Investment Research cut shares of Nexstar Media Group from a "buy" rating to a "hold" rating in a research report on Tuesday, October 24th. Therefore 94% are positive. Finally, Russell Investments Group Ltd. raised its holdings in shares of Nexstar Media Group by 1,196.5% in the third quarter. The company was maintained on Monday, September 18 by Jefferies. The company was maintained on Friday, July 28 by BMO Capital Markets. Wells Fargo maintained Nexstar Media Group, Inc. Wells Fargo & Company MN now owns 403,890 shares of the company's stock worth $25,162,000 after buying an additional 13,448 shares during the last quarter. (NYSE:DHI) on Friday, October 20 with "Buy" rating. (NYSE:DHI) rating on Tuesday, January 9. Morgan Stanley maintained the stock with "Overweight" rating in Thursday, July 20 report. Deutsche Bank assumed coverage on Nexstar Media Group in a research report on Friday, October 20th. 3,369 are owned by King Wealth Mgmt Group Inc Limited Liability Com. (NASDAQ:AMZN) to report earnings on February, 1. During the same period past year, the business posted $0.78 earnings per share. AMZN's profit will be $934.83 million for 161.43 P/E if the $1.94 EPS becomes a reality. Hall Laurie J Trustee invested 0.01% of its portfolio in Nexstar Media Group, Inc.

Investors sentiment increased to 1.37 in 2017 Q3. Its down 0.10, from 1.36 in 2017Q2. It increased, as 18 investors sold NXST shares while 65 reduced holdings.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Yorktown & Research Com holds 5,886 shares or 0.1% of its portfolio. Swiss Bank & Trust holds 74,560 shares. 271.74 million shares or 2.47% less from 278.62 million shares in 2017Q2 were reported. Lowe Brockenbrough Communication accumulated 0.09% or 9,537 shares. Yorktown Mgmt And Rech Inc, Virginia-based fund reported 5,886 shares. Artemis Invest Management Llp has 2.83M shares for 1.37% of their portfolio. Following the sale, the insider now owns 7,140 shares in the company, valued at $509,224.80. Oppenheimer & Com has invested 0.23% in The Goldman Sachs Group, Inc. Bbva Compass Bancshares Inc holds 0.04% or 10,156 shares. Tnb Financial has 11,574 shares for 1.85% of their portfolio.

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Among 11 analysts covering Nexstar Broadcasting Group (NASDAQ:NXST), 11 have Buy rating, 0 Sell and 0 Hold. Steinberg Global Asset Mngmt reported 0.04% stake. Jassy Andrew R sold 1,985 shares worth $1.96 million. $377,400 worth of stock was sold by Bentley Pamela L on Wednesday, August 2. 2,077 shares valued at $2.05M were sold by Blackburn Jeffrey M on Tuesday, August 15.

Ratings analysis reveals 100% of Nexstar's analysts are positive. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The rating was maintained by RBC Capital Markets on Wednesday, August 9 with "Buy". As per Monday, November 14, the company rating was maintained by Barrington Research. (NYSE:DHI) on Wednesday, November 11 with "Outperform" rating. The stock of Nexstar Media Group, Inc. (NASDAQ:NXST) on Monday, June 12 with "Buy" rating. Jefferies has "Buy" rating and $80.0 target. Jefferies maintained the stock with "Buy" rating in Monday, August 14 report. Sei Investments Co. grew its stake in Nexstar Media Group by 25.1% during the 2nd quarter. The firm earned "Buy" rating on Monday, September 18 by RBC Capital Markets.

Since August 11, 2017, it had 0 buys, and 9 sales for $58.62 million activity. $180,029 worth of Nexstar Media Group, Inc. (NASDAQ:NXST). Beach Point Cap Mngmt Lp holds 4.71% or 327,536 shares. $374,629 worth of D.R. Horton, Inc. (NASDAQ:NXST) on Friday, September 22. Nexstar Media Group Inc has a 1-year low of $55.95 and a 1-year high of $80.45. (NASDAQ:NXST) were released by: Businesswire.com and their article: "Nexstar Media Group to Acquire Leading Digital Video Advertising ..." published on December 07, 2017 as well as Seekingalpha.com's news article titled: "Nexstar Media Group (NXST) Q2 2017 Results - Earnings Call Transcript" with publication date: August 08, 2017. The company reported $0.98 earnings per share for the quarter, beating analysts' consensus estimates of $0.89 by $0.09. The business's revenue was up 122.0% compared to the same quarter last year. sell-side analysts anticipate that Nexstar Media Group Inc will post 3.46 EPS for the current fiscal year.

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