Financial institution of New York Mellon Corp lifted its place in Nexstar Media Group, Inc. (NASDAQ:NXST – Get Score) by 1.2% throughout the third quarter, in response to its most up-to-date disclosure with the Securities and Trade Fee. The fund owned 265,289 shares of the corporate’s inventory after buying an extra 3,148 shares throughout the quarter. Financial institution of New York Mellon Corp owned about 0.70% of Nexstar Media Group value $44,262,000 on the finish of the newest reporting interval.
A number of different massive traders have additionally lately made modifications to their positions within the firm. Brandywine International Funding Administration LLC grew its place in Nexstar Media Group by 118.3% within the third quarter. Brandywine International Funding Administration LLC now owns 51,793 shares of the corporate’s inventory value $8,642,000 after buying an extra 28,066 shares within the final quarter. Commonwealth Fairness Providers LLC grew its place in Nexstar Media Group by 60.2% within the third quarter. Commonwealth Fairness Providers LLC now owns 21,849 shares of the corporate’s inventory value $3,645,000 after buying an extra 8,212 shares within the final quarter. Redwood Funding Administration LLC bought a brand new place in Nexstar Media Group within the third quarter value about $1,264,000. Tudor Funding Corp Et Al grew its place in Nexstar Media Group by 269.5% within the third quarter. Tudor Funding Corp Et Al now owns 71,908 shares of the corporate’s inventory value $11,998,000 after buying an extra 52,448 shares within the final quarter. Lastly, Signet Monetary Administration LLC grew its place in Nexstar Media Group by 2.6% within the third quarter. Signet Monetary Administration LLC now owns 3,132 shares of the corporate’s inventory value $523,000 after buying an extra 79 shares within the final quarter. 94.48% of the inventory is owned by institutional traders.
Wall Road Analyst Weigh In
A number of analysis analysts lately commented on the corporate. Benchmark reiterated a “purchase” score and issued a $230.00 value goal on shares of Nexstar Media Group in a analysis report on Monday, February twenty seventh. StockNews.com lowered Nexstar Media Group from a “purchase” score to a “maintain” score in a analysis report on Friday, March third. Lastly, Barrington Analysis restated an “outperform” score and set a $235.00 goal value on shares of Nexstar Media Group in a analysis report on Wednesday. Two funding analysts have rated the inventory with a maintain score and three have assigned a purchase score to the corporate’s inventory. Based on MarketBeat.com, the corporate has a consensus score of “Reasonable Purchase” and a consensus goal value of $222.00.
Insider Exercise at Nexstar Media Group
In associated information, Director Charles Thomas Mcmillen bought 1,000 shares of the enterprise’s inventory in a transaction that occurred on Tuesday, December twentieth. The inventory was bought at a mean value of $170.05, for a complete worth of $170,050.00. Following the completion of the sale, the director now owns 5,000 shares within the firm, valued at $850,250. The sale was disclosed in a doc filed with the Securities & Trade Fee, which will be accessed by the SEC web site. In associated information, COO Thomas Carter bought 1,400 shares of the enterprise’s inventory in a transaction that occurred on Monday, March sixth. The shares had been bought at a mean value of $182.92, for a complete worth of $256,088.00. Following the completion of the transaction, the chief working officer now owns 80,052 shares of the corporate’s inventory, valued at $14,643,111.84. The sale was disclosed in a authorized submitting with the Securities & Trade Fee, which is accessible by this hyperlink. Additionally, Director Charles Thomas Mcmillen bought 1,000 shares of the enterprise’s inventory in a transaction that occurred on Tuesday, December twentieth. The inventory was bought at a mean value of $170.05, for a complete transaction of $170,050.00. Following the completion of the transaction, the director now straight owns 5,000 shares of the corporate’s inventory, valued at roughly $850,250. The disclosure for this sale will be discovered right here. During the last quarter, insiders bought 4,900 shares of firm inventory value $865,763. Firm insiders personal 5.00% of the corporate’s inventory.
Nexstar Media Group Inventory Up 2.0 %
Shares of NASDAQ:NXST opened at $165.70 on Friday. Nexstar Media Group, Inc. has a 1 12 months low of $151.01 and a 1 12 months excessive of $217.76. The enterprise has a 50 day easy shifting common of $190.04 and a two-hundred day easy shifting common of $182.84. The agency has a market capitalization of $6.09 billion, a PE ratio of 6.86, a price-to-earnings-growth ratio of 1.15 and a beta of 1.51. The corporate has a debt-to-equity ratio of two.47, a present ratio of 1.81 and a fast ratio of 1.81.
Nexstar Media Group Will increase Dividend
The corporate additionally lately declared a quarterly dividend, which was paid on Friday, February twenty fourth. Buyers of file on Friday, February tenth had been issued a $1.35 dividend. It is a constructive change from Nexstar Media Group’s earlier quarterly dividend of $0.90. The ex-dividend date of this dividend was Thursday, February ninth. This represents a $5.40 dividend on an annualized foundation and a dividend yield of three.26%. Nexstar Media Group’s payout ratio is presently 22.36%.
Nexstar Media Group Profile
(Get Score)
Nexstar Media Group, Inc is a tv broadcasting and digital media firm, which engages within the acquisition, improvement, and operation of tv stations and interactive group web sites and digital media providers. The agency gives providers free over-the-air programming which incorporates packages produced by networks with which the stations are affiliated, packages that the stations produce, and first-run and rerun syndicated packages that the stations purchase.
See Additionally
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