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Nexstar Media Group (NXST) Holder Beach Point Capital Management LP Raised Stake by $9.26 Million; Skechers U S A (SKX) Shareholder Davidson Kempner Capital Management LP Has Cut Stake as Stock Price Rose

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Carl Goldsmith increased its stake in Nexstar Media Group Inc (NXST) by 36.26% based on its latest 2017Q4 regulatory filing with the SEC. Beach Point Capital Management Lp bought 118,764 shares as the company’s stock declined 14.98% with the market. The hedge fund run by Carl Goldsmith held 446,300 shares of the consumer services company at the end of 2017Q4, valued at $34.90 million, up from 327,536 at the end of the previous reported quarter. Beach Point Capital Management Lp who had been investing in Nexstar Media Group Inc for a number of months, seems to be bullish on the $3.16 billion market cap company. The stock increased 1.36% or $0.925 during the last trading session, reaching $69.125. About 775,297 shares traded or 26.30% up from the average. Nexstar Media Group, Inc. (NASDAQ:NXST) has declined 3.18% since May 20, 2017 and is downtrending. It has underperformed by 14.73% the S&P500.

Thomas Lenox Kempner decreased its stake in Skechers U S A Inc (SKX) by 42.86% based on its latest 2017Q4 regulatory filing with the SEC. Davidson Kempner Capital Management Lp sold 412,500 shares as the company’s stock rose 0.47% while stock markets declined. The hedge fund run by Thomas Lenox Kempner held 550,000 shares of the consumer non-durables company at the end of 2017Q4, valued at $20.81M, down from 962,500 at the end of the previous reported quarter. Davidson Kempner Capital Management Lp who had been investing in Skechers U S A Inc for a number of months, seems to be less bullish one the $4.86 billion market cap company. The stock increased 0.53% or $0.16 during the last trading session, reaching $30.4. About 2.41M shares traded. Skechers U.S.A., Inc. (NYSE:SKX) has risen 33.31% since May 20, 2017 and is uptrending. It has outperformed by 21.76% the S&P500.

More news for Nexstar Media Group, Inc. (NASDAQ:NXST) were recently published by: Globenewswire.com, which released: “Factors of Influence in 2018, Key Indicators and Opportunity within Fred’s, Nexstar Broadcasting Group, CNO Financial …” on May 14, 2018. Businesswire.com‘s article titled: “Nexstar Media Group Declares Quarterly Cash Dividend of $0.375 Per Share” and published on April 27, 2018 is yet another important article.

Investors sentiment decreased to 1.08 in Q4 2017. Its down 0.29, from 1.37 in 2017Q3. It dropped, as 36 investors sold NXST shares while 70 reduced holdings. 46 funds opened positions while 69 raised stakes. 49.44 million shares or 6.28% more from 46.52 million shares in 2017Q3 were reported. 7,000 are held by Icon Advisers. Pinnacle Assocs reported 136,609 shares or 0.21% of all its holdings. Qvt Fincl Limited Partnership has 0.32% invested in Nexstar Media Group, Inc. (NASDAQ:NXST). Penn Capital Management Communications Incorporated holds 306,528 shares. Vanguard Gru Incorporated reported 3.55M shares. Alpine Woods Investors Limited Liability Com stated it has 3,935 shares or 0.02% of all its holdings. Community Bancorporation Na reported 0% in Nexstar Media Group, Inc. (NASDAQ:NXST). Florida-based Ruggie Gru has invested 0% in Nexstar Media Group, Inc. (NASDAQ:NXST). Dimensional Fund Advisors LP has invested 0.05% in Nexstar Media Group, Inc. (NASDAQ:NXST). Fny Managed Accounts Limited Liability, a New York-based fund reported 1.00M shares. Stifel Financial Corporation invested in 117,305 shares or 0.03% of the stock. Proshare Advisors Limited Company stated it has 0% in Nexstar Media Group, Inc. (NASDAQ:NXST). California Pub Employees Retirement holds 0.01% in Nexstar Media Group, Inc. (NASDAQ:NXST) or 74,531 shares. Quantitative Inv Mngmt Lc invested 0.07% in Nexstar Media Group, Inc. (NASDAQ:NXST). Mesirow Financial Investment holds 1.27% of its portfolio in Nexstar Media Group, Inc. (NASDAQ:NXST) for 229,588 shares.

Beach Point Capital Management Lp, which manages about $8.09B and $417.76M US Long portfolio, decreased its stake in Stealthgas Inc (NASDAQ:GASS) by 456,314 shares to 1.20 million shares, valued at $5.22 million in 2017Q4, according to the filing. It also reduced its holding in Hilton Grand Vacations Inc by 365,072 shares in the quarter, leaving it with 486,266 shares, and cut its stake in Mgm Resorts International (NYSE:MGM).

Among 12 analysts covering Nexstar Broadcasting Group (NASDAQ:NXST), 12 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Nexstar Broadcasting Group had 34 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by Wedbush on Wednesday, January 18 with “Outperform”. The rating was maintained by Wedbush with “Outperform” on Wednesday, November 9. The rating was initiated by Barrington Research with “Outperform” on Tuesday, December 22. The rating was maintained by Wedbush with “Outperform” on Wednesday, March 1. The stock of Nexstar Media Group, Inc. (NASDAQ:NXST) earned “Buy” rating by Jefferies on Tuesday, September 29. Benchmark maintained the shares of NXST in report on Wednesday, March 1 with “Buy” rating. The firm has “Buy” rating by Deutsche Bank given on Friday, October 20. The stock has “Buy” rating by B. Riley & Co on Tuesday, November 7. The firm earned “Buy” rating on Thursday, July 13 by Jefferies. The stock of Nexstar Media Group, Inc. (NASDAQ:NXST) has “Buy” rating given on Wednesday, December 20 by Noble Financial.

Since November 22, 2017, it had 0 buys, and 7 insider sales for $4.65 million activity. WEINBERG DAVID sold $935,158 worth of stock or 23,183 shares. $134,620 worth of Skechers U.S.A., Inc. (NYSE:SKX) was sold by Erlich Morton D on Wednesday, November 22. $1.53M worth of stock was sold by GREENBERG ROBERT on Friday, March 2. Another trade for 17,432 shares valued at $663,113 was sold by PACCIONE PHILLIP.

More important recent Skechers U.S.A., Inc. (NYSE:SKX) news were published by: Finance.Yahoo.com which released: “They Call Them ‘High Risk Stocks’ for a Very Good Reason” on May 14, 2018, also Livetradingnews.com published article titled: “Skechers USA, Inc. (NYSE:SKX) Stock Worth Watching”, Seekingalpha.com published: “SHU Portfolio: Buy Skechers Again” on April 23, 2018. More interesting news about Skechers U.S.A., Inc. (NYSE:SKX) was released by: Benzinga.com and their article: “Sketchy: Industry Expert Says Latest Skechers-Adidas Litigation A ‘PR Move'” with publication date: May 18, 2018.

Among 19 analysts covering Skechers Usa Inc. (NYSE:SKX), 15 have Buy rating, 0 Sell and 4 Hold. Therefore 79% are positive. Skechers Usa Inc. had 71 analyst reports since July 22, 2015 according to SRatingsIntel. As per Friday, July 21, the company rating was maintained by Wedbush. The rating was maintained by B. Riley & Co on Thursday, July 30 with “Buy”. Citigroup maintained the shares of SKX in report on Friday, February 9 with “Buy” rating. The stock has “Buy” rating by Standpoint Research on Monday, October 3. The firm earned “Buy” rating on Wednesday, April 18 by Buckingham Research. The firm earned “Buy” rating on Friday, October 20 by Buckingham Research. The firm has “Buy” rating given on Wednesday, April 18 by Citigroup. As per Thursday, February 8, the company rating was maintained by Cowen & Co. The firm earned “Buy” rating on Friday, October 16 by BB&T Capital. The firm has “Outperform” rating given on Friday, October 20 by Wedbush.

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

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