Kovitz Investment Group Partners LLC Takes Position in Nexstar Media Group, Inc.
| NXST Stock | USD 157.53 3.76 2.33% |
Slightly above 62% of Nexstar Broadcasting's investor base is looking to short. The current sentiment regarding investing in Nexstar Broadcasting Group stock implies that many traders are alarmed. Nexstar Broadcasting's investing sentiment can be driven by a variety of factors including economic data, Nexstar Broadcasting's earnings reports, geopolitical events, and overall market trends.
Nexstar |
Kovitz Investment Group Partners LLC acquired a new position in Nexstar Media Group, Inc. during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 7,310 shares of the companys stock, valued at approximately 1,168,000. Several other institutional investors and
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Nexstar Broadcasting Fundamental Analysis
We analyze Nexstar Broadcasting's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nexstar Broadcasting using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nexstar Broadcasting based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Shares Owned By Institutions
Shares Owned By Institutions Comparative Analysis
Nexstar Broadcasting is currently under evaluation in shares owned by institutions category among its peers. Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Nexstar Broadcasting Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nexstar Broadcasting stock to make a market-neutral strategy. Peer analysis of Nexstar Broadcasting could also be used in its relative valuation, which is a method of valuing Nexstar Broadcasting by comparing valuation metrics with similar companies.
Peers
Nexstar Broadcasting Related Equities
| FWONA | Liberty Media | 1.45 | ||||
| FWONK | Liberty Media | 1.40 | ||||
| MCS | Marcus | 0.30 | ||||
| MSGS | Madison Square | 0.03 | ||||
| NWS | News Corp | 0.13 | ||||
| BATRA | Atlanta Braves | 0.40 | ||||
| NWSA | News Corp | 0.47 | ||||
| FOXA | Fox Corp | 0.53 | ||||
| BATRK | Atlanta Braves | 1.11 | ||||
| SBGI | Sinclair Broadcast | 1.43 | ||||
| LGF-A | Lions Gate | 3.02 | ||||
| AMCX | AMC Networks | 4.49 |
Additional Tools for Nexstar Stock Analysis
When running Nexstar Broadcasting's price analysis, check to measure Nexstar Broadcasting's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nexstar Broadcasting is operating at the current time. Most of Nexstar Broadcasting's value examination focuses on studying past and present price action to predict the probability of Nexstar Broadcasting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexstar Broadcasting's price. Additionally, you may evaluate how the addition of Nexstar Broadcasting to your portfolios can decrease your overall portfolio volatility.