Can we expect Nexstar Media Group, Inc. (NASDAQ:NXST) to bring investors news of $0.38 dividends?

February 14, 2018 - By reb123z

 Can we expect Nexstar Media Group, Inc. (NASDAQ:NXST) to bring investors news of $0.38 dividends?
Investors sentiment increased to 1.37 in 2017 Q3. Its up 0.23, from 1.14 in 2017Q2. It is positive, as 18 investors sold Nexstar Media Group, Inc. shares while 65 reduced holdings. 42 funds opened positions while 72 raised stakes. 46.52 million shares or 3.04% less from 47.98 million shares in 2017Q2 were reported.
Invesco Ltd holds 46,599 shares or 0% of its portfolio. Hall Laurie J Trustee invested in 0.01% or 269 shares. Luxor Group Lp holds 466,138 shares. 673,228 are held by Westfield Cap Mngmt Company L P. New York State Common Retirement Fund invested in 0.01% or 166,452 shares. Ubs Asset Americas Incorporated invested 0% of its portfolio in Nexstar Media Group, Inc. (NASDAQ:NXST). Jefferies Group Inc Ltd reported 5,800 shares stake. Cipher Capital Lp holds 7,413 shares. Minnesota-based Walleye Trading Limited Liability Corporation has invested 0.02% in Nexstar Media Group, Inc. (NASDAQ:NXST). Alps, Colorado-based fund reported 8,001 shares. Cornerstone Inc reported 31 shares. First Trust Advsr Lp, a Illinois-based fund reported 9,020 shares. New York-based Metropolitan Life Ins Ny has invested 0.01% in Nexstar Media Group, Inc. (NASDAQ:NXST). Cetera Advisors Limited Liability Corporation has invested 0.02% in Nexstar Media Group, Inc. (NASDAQ:NXST). Assetmark holds 215 shares or 0% of its portfolio.

Since September 18, 2017, it had 0 insider buys, and 7 selling transactions for $58.14 million activity. 3,000 Nexstar Media Group, Inc. (NASDAQ:NXST) shares with value of $180,029 were sold by Pruett Julie. On Friday, October 20 Vaughn Gary Michael sold $309,820 worth of Nexstar Media Group, Inc. (NASDAQ:NXST) or 5,050 shares.

Nexstar Media Group, Inc. (NASDAQ:NXST) is expected to pay $0.38 on Mar 2, 2018. The indicated annual dividend is $1.50. Shareholders owning the stock before Feb 15, 2018 will be eligible to receive the payout. Based on Nexstar Media Group, Inc.’s current price of $74.50, the dividend is 0.50 %. This dividend’s record date is Feb 16, 2018 and the announcement date is Feb 1, 2018. The stock increased 1.64% or $1.2 during the last trading session, reaching $74.5. About 324,227 shares traded. Nexstar Media Group, Inc. (NASDAQ:NXST) has risen 19.43% since February 14, 2017 and is uptrending. It has outperformed by 2.73% 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 $3.40 billion. It focuses on the acquisition, development, and operation of television stations and interactive community Websites in medium-sized markets. It has a 27.57 P/E ratio. The firm offers free over-the-air programming to television viewing audiences.

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

Among 11 analysts covering Nexstar Broadcasting Group (NASDAQ:NXST), 11 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Nexstar Broadcasting Group has $102.0 highest and $60 lowest target. $80.08’s average target is 7.49% above currents $74.5 stock price. Nexstar Broadcasting Group had 32 analyst reports since August 5, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, June 12 by Jefferies. The rating was initiated by Barrington Research on Tuesday, December 22 with “Outperform”. On Monday, August 14 the stock rating was maintained by Jefferies with “Buy”. The rating was maintained by RBC Capital Markets on Wednesday, July 5 with “Buy”. Jefferies upgraded Nexstar Media Group, Inc. (NASDAQ:NXST) on Tuesday, September 29 to “Buy” rating. B. Riley & Co maintained it with “Buy” rating and $84 target in Tuesday, November 7 report. The firm has “Buy” rating given on Wednesday, November 8 by Deutsche Bank. Zacks upgraded Nexstar Media Group, Inc. (NASDAQ:NXST) on Wednesday, August 5 to “Hold” rating. Wedbush maintained Nexstar Media Group, Inc. (NASDAQ:NXST) rating on Wednesday, March 1. Wedbush has “Outperform” rating and $80 target. The company was initiated on Friday, October 20 by Deutsche Bank.

More notable recent Nexstar Media Group, Inc. (NASDAQ:NXST) news were published by: which released: “SignalPoint Asset Management, LLC Buys Nexstar Media Group Inc, Extreme …” on January 31, 2018, also with their article: “Sinclair Broadcast, Nexstar, Univision and American Tower Partner on ATSC 3.0 …” published on January 17, 2018, published: “Nexstar Media Group to Acquire Leading Digital Video Advertising …” on December 07, 2017. More interesting news about Nexstar Media Group, Inc. (NASDAQ:NXST) were released by: and their article: “Nexstar Media Group (NXST) Q3 2017 Results – Earnings Call Transcript” published on November 06, 2017 as well as‘s news article titled: “Nexstar Media: A Dying Business?” with publication date: December 18, 2017.

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