Nexstar Media Group (NASDAQ:NXST) Earns Outperform Rating from Wells Fargo & Co

The hedge fund run by Peter S. Park held 1.55 million shares of the consumer services company at the end of 2017Q3, valued at $96.38 million, up from 21,476 at the end of the previous reported quarter. Celgene Corp now has $82.04B valuation. The stock decreased 2.46% or $2.57 during the last trading session, reaching $101.86. About 39,369 shares traded. It has outperformed by 9.17% the S&P500. Rovida Advisors Inc. grew its holdings in shares of Nexstar Media Group by 940.8% in the third quarter. (NASDAQ:NXST) for 30,475 shares. NXST's profit will be $64.29 million for 13.95 P/E if the $1.41 EPS becomes a reality. Finally, B. Riley increased their price target on Nexstar Media Group from $79.00 to $84.00 and gave the stock a "buy" rating in a research note on Tuesday, November 7th. The stock decreased 2.10% or $1.7 during the last trading session, reaching $79.3. About 272,666 shares traded. After $0.98 actual EPS reported by Nexstar Media Group, Inc. for the previous quarter, Wall Street now forecasts 43.88% EPS growth. (NASDAQ:CNSL) has declined 19.11% since January 25, 2017 and is downtrending. It has outperformed by 2.73% the S&P500.

Nexstar Media Group, Inc, formerly Nexstar Broadcasting Group, Inc, is a television broadcasting and digital media company. Therefore 17% are positive. The Allstate Corporation had 47 analyst reports since August 4, 2015 according to SRatingsIntel. As per Monday, September 4, the company rating was maintained by Keefe Bruyette & Woods. The stock has "Buy" rating by RBC Capital Markets on Wednesday, August 9. On Friday, October 20 the stock rating was downgraded by Robert W. Baird to "Neutral". RBC Capital Markets maintained the stock with "Buy" rating in Monday, September 18 report. The company was upgraded on Monday, January 23 by Deutsche Bank. Deutsche Bank has "Hold" rating and $70 target. The stock has "Neutral" rating by JP Morgan on Friday, December 16. The firm earned "Hold" rating on Wednesday, August 2 by Jefferies. The insider Winter Matthew E sold 48,059 shares worth $4.54M. Shares for $1.99 million were sold by Friedman Stacey on Saturday, January 13.

Investors sentiment decreased to 0.89 in Q3 2017. Its up 0.15, from 0.76 in 2017Q2.

Several other large investors also recently bought and sold shares of NXST. 61 funds opened positions while 119 raised stakes. Envestnet Asset Mgmt Inc, a Illinois-based fund reported 736 shares. Hanson Doremus Investment has invested 0.03% in Celgene Corporation (NASDAQ:CELG). Amp Capital Ltd holds 431,146 shares. Ing Groep Nv holds 31,229 shares. The New Jersey-based Palisade Capital Management Llc Nj has invested 0.76% in the stock. Susquehanna International Grp Llp has 183,662 shares. 581,151 were reported by Prudential Financial. Mason Street Advsrs Limited Com reported 59,090 shares. Northern Tru invested in 0.01% or 584,526 shares. Tower Research Llc (Trc) holds 5,498 shares. Parkside Bancshares invested 0.11% in The Allstate Corporation (NYSE:ALL). It also increased its holding in Parsley Energy Inc (NYSE:PE) by 110,000 shares in the quarter, for a total of 450,000 shares, and has risen its stake in Halliburton Co (NYSE:HAL). Cytokinetics Inc (Call) (NASDAQ:CYTK) was reduced too.

Analysts await Pioneer Natural Resources Company (NYSE:PXD) to report earnings on February, 6 after the close. During the same quarter in the previous year, the company earned $0.78 EPS. CNSL's profit would be $2.83M giving it 78.94 P/E if the $0.04 EPS is correct. The company reported $0.98 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.89 by $0.09.

Among 33 analysts covering Celgene Corporation (NASDAQ:CELG), 18 have Buy rating, 2 Sell and 13 Hold. Therefore 14% are positive. Nexstar Broadcasting Group had 32 analyst reports since August 5, 2015 according to SRatingsIntel.

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In other Nexstar Media Group news, Director Lisbeth Mcnabb sold 5,000 shares of the business's stock in a transaction on Wednesday, December 27th. Jefferies maintained Nexstar Media Group, Inc. Wedbush maintained the stock with "Outperform" rating in Wednesday, March 1 report. Vetr has "Strong-Buy" rating and $71.61 target. (NASDAQ:NXST) has "Buy" rating given on Wednesday, August 9 by RBC Capital Markets. BMO Capital Markets maintained the stock with "Buy" rating in Friday, July 28 report. Credit Suisse maintained Celgene Corporation (NASDAQ:CELG) on Tuesday, April 19 with "Outperform" rating. Wedbush has "Outperform" rating and $75 target.

Investors sentiment decreased to 1.03 in 2017 Q3.

Currently, the stock carries a price to earnings ratio of 15.63, a price to book ratio of 1.44, and a price to sales ratio of 0.51. Thompson Siegel & Walmsley LLC purchased a new stake in shares of Nexstar Media Group during the 2nd quarter worth $125,000. 73 funds opened positions while 209 raised stakes. Brown Advisory owns 688,290 shares. Guggenheim Limited accumulated 0% or 12,031 shares. (NASDAQ:NXST) for 862,342 shares. (NASDAQ:NXST). California-based Lpl Fincl Lc has invested 0% in Nexstar Media Group, Inc. (NASDAQ:NXST) to report earnings on February, 27. Moreover, First National Bank Of Omaha has 0.08% invested in Nexstar Media Group, Inc.

Hudson Bay Capital Management Lp, which manages about $4.18 billion and $4.02 billion US Long portfolio, upped its stake in Northrop Grumman Stk (NYSE:NOC) by 5,272 shares to 15,272 shares, valued at $4.39M in 2017Q3, according to the filing. (NASDAQ:NXST). Qvt Financial L P invested in 81,255 shares. (NASDAQ:NXST) for 463 shares. Point72 Asset Management LP has invested 0.02% in Nexstar Media Group, Inc. Proshare Advsr Ltd Llc holds 3,334 shares or 0% of its portfolio. Sii Wi holds 7,082 shares. Capstone Invest Limited Co owns 0.05% invested in Fortress Investment Group LLC (NYSE:FIG) for 168,414 shares. Nexstar Media Group had a net margin of 5.60% and a return on equity of 16.20%. (NASDAQ:NXST). D E Shaw Inc invested in 27,328 shares.

Since August 11, 2017, it had 0 buys, and 9 selling transactions for $58.62 million activity. (NASDAQ:NXST) on Friday, October 20. $285,698 worth of Nexstar Media Group, Inc. (NASDAQ:NXST) on Friday, August 11. Pruett Julie had sold 3,000 shares worth $180,029 on Wednesday, September 20. The shares were sold at an average price of $78.31, for a total value of $1,566,200.00. It dropped, as 44 investors sold CELG shares while 457 reduced holdings.

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