Analysts take a look at Nexstar Media Group, Inc. (NASDAQ:NXST) having this to say.

January 21, 2018 - By Linda Rogers

 Analysts take a look at Nexstar Media Group, Inc. (NASDAQ:NXST) having this to say.
Investors sentiment increased to 1.37 in 2017 Q3. Its up 0.23, from 1.14 in 2017Q2. It improved, 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.
Fifth Third State Bank holds 0% or 3,619 shares. Cap Fund owns 64,325 shares. Yost Mgmt Ltd Liability holds 16.34% or 382,033 shares. Gratia Capital Limited Company has invested 9.01% in Nexstar Media Group, Inc. (NASDAQ:NXST). Moreover, Jpmorgan Chase And has 0.02% invested in Nexstar Media Group, Inc. (NASDAQ:NXST). Ruggie holds 15 shares. Highbridge Mgmt Ltd invested in 180,000 shares or 0.17% of the stock. Bank & Trust Of Mellon holds 0.04% of its portfolio in Nexstar Media Group, Inc. (NASDAQ:NXST) for 2.15M shares. Comerica Natl Bank holds 33,630 shares or 0.02% of its portfolio. S Muoio And Communications Ltd owns 54,613 shares for 1.76% of their portfolio. Tudor Investment Et Al holds 0.03% or 17,636 shares in its portfolio. Pinnacle Associates Limited reported 270,974 shares. Msd Prns Limited Partnership reported 1.40M shares. Blackrock Inc has 2.98 million shares. Gru One Trading Lp holds 0.01% of its portfolio in Nexstar Media Group, Inc. (NASDAQ:NXST) for 18,176 shares.

Since August 11, 2017, it had 0 insider buys, and 9 sales for $58.62 million activity. $4.94M worth of Nexstar Media Group, Inc. (NASDAQ:NXST) was sold by MUSE JOHN R on Wednesday, September 20. $309,820 worth of Nexstar Media Group, Inc. (NASDAQ:NXST) shares were sold by Vaughn Gary Michael. 3,125 shares were sold by Carter Thomas, worth $198,438 on Friday, August 11. Miller Dennis had sold 4,500 shares worth $285,698 on Friday, August 11.

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 had 32 analyst reports since August 5, 2015 according to SRatingsIntel. Stephens initiated Nexstar Media Group, Inc. (NASDAQ:NXST) rating on Wednesday, November 18. Stephens has “Overweight” rating and $75 target. The stock of Nexstar Media Group, Inc. (NASDAQ:NXST) earned “Buy” rating by RBC Capital Markets on Wednesday, July 5. As per Wednesday, August 9, the company rating was maintained by RBC Capital Markets. Jefferies maintained it with “Buy” rating and $80.0 target in Sunday, October 22 report. The rating was maintained by Barrington Research with “Outperform” on Monday, November 14. The rating was maintained by Noble Financial on Wednesday, December 20 with “Buy”. Barrington Research initiated the stock with “Outperform” rating in Tuesday, December 22 report. Jefferies upgraded the shares of NXST in report on Tuesday, September 29 to “Buy” rating. Wells Fargo maintained Nexstar Media Group, Inc. (NASDAQ:NXST) on Thursday, January 4 with “Buy” rating. The stock of Nexstar Media Group, Inc. (NASDAQ:NXST) has “Buy” rating given on Monday, September 18 by RBC Capital Markets. Below is a list of Nexstar Media Group, Inc. (NASDAQ:NXST) latest ratings and price target changes.

04/01/2018 Broker: Wells Fargo Rating: Buy New Target: $102.0 Maintain
20/12/2017 Broker: Noble Financial Rating: Buy Maintain
08/11/2017 Broker: Deutsche Bank Rating: Buy Old Target: $80 New Target: $85 Maintain
07/11/2017 Broker: B. Riley & Co Rating: Buy Old Target: $79 New Target: $84 Maintain
07/11/2017 Broker: Benchmark Rating: Buy New Target: $90.0
06/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $81.0 Maintain
06/11/2017 Broker: FBR Capital Rating: Buy
31/10/2017 Broker: FBR Capital Rating: Buy New Target: $79 Initiates Coverage On
22/10/2017 Broker: Jefferies Rating: Buy New Target: $80.0 Maintain
20/10/2017 Broker: Deutsche Bank Rating: Buy New Target: $80.0 Initiate

The stock increased 1.11% or $0.9 during the last trading session, reaching $81.75. About 569,427 shares traded. Nexstar Media Group, Inc. (NASDAQ:NXST) has risen 19.43% since January 21, 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 $3.73 billion. It focuses on the acquisition, development, and operation of television stations and interactive community Websites in medium-sized markets. It has a 30.26 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: Seekingalpha.com which released: “Nexstar Media Group (NXST) Q3 2017 Results – Earnings Call Transcript” on November 06, 2017, also Businesswire.com with their article: “Nexstar Media Group to Acquire Leading Digital Video Advertising …” published on December 07, 2017, Businesswire.com published: “Nexstar Media Group to Report 2017 Fourth Quarter Financial Results, Host …” on January 12, 2018. More interesting news about Nexstar Media Group, Inc. (NASDAQ:NXST) were released by: Seekingalpha.com and their article: “Nexstar Media Group (NXST) Q2 2017 Results – Earnings Call Transcript” published on August 08, 2017 as well as Seekingalpha.com‘s news article titled: “Nexstar Media: A Dying Business?” with publication date: December 18, 2017.

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