Evercore ISI May Have Just Upped Their Stakes in Nexstar (NXST)

Nexstar Media Group, Inc. (NASDAQ:NXST) Logo

Investors sentiment decreased to 1.16 in 2018 Q3. Its down 0.30, from 1.46 in 2018Q2. It fall, as 20 investors sold Nexstar Media Group, Inc. shares while 78 reduced holdings. 52 funds opened positions while 62 raised stakes. 47.89 million shares or 4.42% less from 50.11 million shares in 2018Q2 were reported.

Cardinal Cap Management Limited Liability Corporation Ct invested in 348,539 shares or 0.88% of the stock. Financial Bank has invested 0.81% in Nexstar Media Group, Inc. (NASDAQ:NXST). Guggenheim Ltd Company holds 2,832 shares or 0% of its portfolio. Dupont Capital Corporation accumulated 26,406 shares. Gotham Asset Mngmt Llc holds 0.01% in Nexstar Media Group, Inc. (NASDAQ:NXST) or 9,100 shares. 55 were accumulated by Panagora Asset Mgmt. Boston Advsr Ltd Liability owns 81,355 shares. State Board Of Administration Of Florida Retirement Systems reported 25,762 shares stake. Geode Mngmt Ltd Company reported 492,235 shares. Ftb Incorporated holds 591 shares. Moreover, Hsbc Public Limited has 0% invested in Nexstar Media Group, Inc. (NASDAQ:NXST) for 3,405 shares. Gratia Cap Ltd Company reported 0.6% stake. Raymond James & Assoc has invested 0% in Nexstar Media Group, Inc. (NASDAQ:NXST). Windacre Partnership Limited Company accumulated 1.31 million shares. Janney Montgomery Scott Ltd Llc reported 0% of its portfolio in Nexstar Media Group, Inc. (NASDAQ:NXST).

Since June 20, 2018, it had 0 insider buys, and 12 sales for $3.99 million activity. Russell Blake had sold 7,262 shares worth $602,015 on Wednesday, September 26. $170,152 worth of stock was sold by JONES BRIAN on Wednesday, June 27. On Saturday, August 18 ALFORD ANDREW sold $11,956 worth of Nexstar Media Group, Inc. (NASDAQ:NXST) or 150 shares. $130,570 worth of stock was sold by HOPKINS KEITH P. on Wednesday, September 19. Davis Douglas also sold $145,137 worth of Nexstar Media Group, Inc. (NASDAQ:NXST) on Wednesday, June 20. McNabb Lisbeth also sold $112,980 worth of Nexstar Media Group, Inc. (NASDAQ:NXST) shares.

Nexstar (NXST) Stock Upgrade

It will be interesting to watch today’s trading of shares of Nexstar (NXST) as Evercore ISI boosted the stock from a In-line to a respectable Outperform.

The stock increased 3.72% or $3.14 during the last trading session, reaching $87.54. About 556,634 shares traded. Nexstar Media Group, Inc. (NXST) has risen 17.39% since December 12, 2017 and is uptrending. It has outperformed by 17.39% the S&P500.

Analysts await Nexstar Media Group, Inc. (NASDAQ:NXST) to report earnings on February, 26. They expect $3.45 earnings per share, up 114.29 % or $1.84 from last year’s $1.61 per share. NXST’s profit will be $159.38M for 6.34 P/E if the $3.45 EPS becomes a reality. After $2.12 actual earnings per share reported by Nexstar Media Group, Inc. for the previous quarter, Wall Street now forecasts 62.74 % EPS growth.

Nexstar Media Group, Inc. operates as a television broadcasting and digital media firm in the United States. The company has market cap of $4.04 billion. It focuses on the acquisition, development, and operation of television stations and interactive community Websites in medium-sized markets. It has a 6.75 P/E ratio. The firm offers free over-the-air programming to television viewing audiences.

More notable recent Nexstar Media Group, Inc. (NASDAQ:NXST) news were published by: Benzinga.com which released: “8 Biggest Price Target Changes For Tuesday – Benzinga” on December 11, 2018, also Nasdaq.com with their article: “Company News For Dec 4, 2018 – Nasdaq” published on December 04, 2018, Benzinga.com published: “A Peek Into The Markets: US Stock Futures Up, Dow Futures Surge 450 Points – Benzinga” on December 03, 2018. More interesting news about Nexstar Media Group, Inc. (NASDAQ:NXST) were released by: Nasdaq.com and their article: “Consumer Sector Update for 12/03/2018: TRCO,NBEV,KDP,NXST – Nasdaq” published on December 03, 2018 as well as Streetinsider.com‘s news article titled: “Relief rally boosts Wall Street on US-China trade truce – StreetInsider.com” with publication date: December 03, 2018.

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

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