Going Through the Figures for Sinclair Broadcast Group, Inc

Sinclair

As Regal Entertainment Group (RGC) Stock Price Declined, General American Investors Company Increased by $2.27

Zurcher Kantonalbank Zurich Cantonalbank now owns 3,170 shares of the company's stock worth $104,000 after buying an additional 273 shares during the period. The institutional investor held 1.83 million shares of the natural gas distribution company at the end of 2017Q3, valued at $64.01M, up from 1.56 million at the end of the previous reported quarter. The stock decreased 0.76% or $0.28 during the last trading session, reaching $36.8. About 1.13 million shares traded. It has underperformed by 7.39% the S&P500. Sinclair Broadcast Group, Inc. has a twelve month low of $26.70 and a twelve month high of $43.05. Hg Vora Capital Management Llc bought 2.25 million shares as the company's stock declined 9.32% while stock markets rallied. Taconic Capital Advisors Lp who had been investing in Sinclair Broadcast Group Inc for a number of months, seems to be bullish on the $3.63 billion market cap company. Narrowing in further, the stock has been recently noted at -11.03% away from the 30 day high and +0.36% separated from the 30 day low. The NASDAQ-listed company saw a recent bid of $74.64 on volume of 2.48 million shares.

SK Telecom signed an MoU with Sinclair and ONE Media at "CES 2018" in Las Vegas to lead the next-generation broadcast industry. (NASDAQ:SBGI) has risen 12.28% since January 9, 2017 and is uptrending. It has underperformed by 4.42% the S&P500. Stock's free cash flow yield, which represents the amount of cash available to investors before dividends, expressed as a percentage of the stock price, is 2.64. Those agreements cover nine TV markets that serve about 5.8 million households.

At the session level, shares of Sinclair Broadcast Group, Inc.(NASDAQ:SBGI) moved -1.28% from the open. Qualcomm Inc. had 122 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has "Outperform" rating by RBC Capital Markets given on Thursday, February 23. Piper Jaffray maintained it with "Hold" rating and $1900 target in Thursday, July 27 report. Stockholders of record on Friday, December 1st were paid a dividend of $0.18 per share. (NASDAQ:SBGI) rating on Wednesday, November 18. The stock has "Buy" rating by Benchmark on Thursday, November 5. On Tuesday, January 5 the stock rating was initiated by Guggenheim with "Neutral". The firm has "Buy" rating given on Monday, October 9 by Wedbush. As per Wednesday, July 19, the company rating was maintained by Oppenheimer. The stock has "Neutral" rating by Citigroup on Monday, May 9. Wedbush maintained the shares of RGC in report on Friday, April 7 with "Outperform" rating.

Duff & Phelps Investment Management Co, which manages about $9.24B and $7.14 billion US Long portfolio, decreased its stake in Valero Energy Prtns (NYSE:VLP) by 20,000 shares to 302,440 shares, valued at $13.22M in 2017Q3, according to the filing.

Several other large investors have also added to or reduced their stakes in the company.

Investors sentiment decreased to 0.88 in Q3 2017. Its down 0.22, from 1.26 in 2017Q2. It turned negative, as 47 investors sold RGC shares while 66 reduced holdings. 15 funds opened positions while 94 raised stakes. (XLNX) worth $763.31 million at the end of the most recent reporting period. Lee Danner & Bass reported 0.39% in CVS Health Corporation (NYSE:CVS). Freestone Hldgs Llc reported 0.4% stake. Westport Asset Management reported 27,792 shares. Glob X Management Ltd has 1.26 million shares for 1.2% of their portfolio. Ferguson Wellman Mngmt Inc invested in 7,126 shares. Next Fincl Grp holds 109 shares. Employees Retirement System Of Texas invested in 470,200 shares. Paradigm Asset Mgmt Co Limited Company accumulated 700 shares. Signaturefd Limited invested in 0.08% or 11,206 shares. Martin Tn has 18,995 shares for 0.5% of their portfolio. Ycg Lc has 1.7% invested in CVS Health Corporation (NYSE:CVS) for 79,980 shares. Its down 0.25, from 1.41 in 2017Q2.

Want to see what other hedge funds are holding SBGI? Ny State Common Retirement Fund has 50,216 shares for 0% of their portfolio. (NASDAQ:SBGI). Prelude Capital Mngmt Ltd Limited Liability Company has invested 0.44% in Sinclair Broadcast Group, Inc.

Shares of Sinclair Broadcast Group, Inc. Hbk Ltd Partnership holds 0.04% in QUALCOMM Incorporated (NASDAQ:QCOM) or 100,100 shares. Citigroup owns 23,904 shares. Utd Service Automobile Association accumulated 22,200 shares or 0% of the stock.

Fox declined to comment while Sinclair did not immediately respond to request for comment. (NASDAQ:SBGI). Alps Advsrs holds 0% or 16,392 shares in its portfolio.

The consensus recommendation - averaging the work of 8 analysts - of 1.6 for Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Ngam Advsr Lp holds 22,754 shares or 0.01% of its portfolio. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Sinclair Broadcast Group by 9.4% during the second quarter. They issued a buy rating and a $46.00 price target for the company. Cheyne Capital Management UK LLP purchased a new position in Sinclair Broadcast Group during the third quarter worth about $170,000.

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