Were Analysts Bearish Nexstar Media Group, Inc. (NASDAQ:NXST) This Week?

May 25, 2018 - By Nellie Frank

Nexstar Media Group, Inc. (NASDAQ:NXST) LogoInvestors sentiment decreased to 1.08 in 2017 Q4. Its down 0.29, from 1.37 in 2017Q3. It dropped, as 36 investors sold Nexstar Media Group, Inc. shares while 70 reduced holdings. 46 funds opened positions while 69 raised stakes. 49.44 million shares or 6.28% more from 46.52 million shares in 2017Q3 were reported.
D E Shaw holds 85,448 shares or 0.01% of its portfolio. Eqis Mngmt holds 0.03% or 6,882 shares. Fincl Bank Of Montreal Can holds 422 shares or 0% of its portfolio. Beach Point Capital Mngmt Ltd Partnership has invested 8.35% in Nexstar Media Group, Inc. (NASDAQ:NXST). Boothbay Fund Management Ltd Company reported 0.22% of its portfolio in Nexstar Media Group, Inc. (NASDAQ:NXST). 388,933 were reported by Yost Capital Ltd Limited Liability Company. The Pennsylvania-based Sei Invests Co has invested 0% in Nexstar Media Group, Inc. (NASDAQ:NXST). Moreover, Yorktown Mngmt And has 0.13% invested in Nexstar Media Group, Inc. (NASDAQ:NXST) for 5,886 shares. Voloridge Invest Mgmt Lc, Florida-based fund reported 9,230 shares. Invesco Limited reported 12,163 shares. Comerica Financial Bank has invested 0.03% in Nexstar Media Group, Inc. (NASDAQ:NXST). Petrus Tru Lta holds 0.07% or 3,616 shares in its portfolio. Windacre Partnership reported 6.67% stake. Waddell Reed Financial, Kansas-based fund reported 224,080 shares. Pub Employees Retirement Systems Of Ohio holds 39,772 shares.

Nexstar Media Group, Inc. (NASDAQ:NXST) Ratings Coverage

Among 4 analysts covering Nexstar (NASDAQ:NXST), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Nexstar had 4 analyst reports since December 20, 2017 according to SRatingsIntel. The company was maintained on Thursday, January 4 by Wells Fargo. Guggenheim maintained the stock with “Buy” rating in Wednesday, February 14 report. Noble Financial maintained Nexstar Media Group, Inc. (NASDAQ:NXST) on Wednesday, December 20 with “Buy” rating. Below is a list of Nexstar Media Group, Inc. (NASDAQ:NXST) latest ratings and price target changes.

27/02/2018 Broker: Barrington Rating: Buy New Target: $105.0
14/02/2018 Broker: Guggenheim Rating: Buy New Target: $88.0 Maintain
04/01/2018 Broker: Wells Fargo Rating: Buy New Target: $102.0 Maintain
20/12/2017 Broker: Noble Financial Rating: Buy Maintain

The stock decreased 0.52% or $0.35 during the last trading session, reaching $67. About 319,270 shares traded. Nexstar Media Group, Inc. (NASDAQ:NXST) has declined 3.18% since May 25, 2017 and is downtrending. It has underperformed by 14.73% the S&P500.

Nexstar Media Group, Inc. operates as a television broadcasting and digital media firm in the United States. The company has market cap of $3.06 billion. It focuses on the acquisition, development, and operation of television stations and interactive community Websites in medium-sized markets. It has a 6.65 P/E ratio. The firm offers free over-the-air programming to television viewing audiences.

More news for Nexstar Media Group, Inc. (NASDAQ:NXST) were recently published by: Globenewswire.com, which released: “Factors of Influence in 2018, Key Indicators and Opportunity within Fred’s, Nexstar Broadcasting Group, CNO Financial …” on May 14, 2018. Streetinsider.com‘s article titled: “Nexstar Broadcasting (NXST) Misses Q1 EPS by 6c, Beats on Revenues” and published on May 09, 2018 is yet another important article.

Nexstar Media Group, Inc. (NASDAQ:NXST) Institutional Positions Chart

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