Asterias Biotherapeutics (AST) Trades at $3.20 After Triangle, Luxor Capital Group LP Has Raised Its Nexstar Broadcasting Group I (NXST) Position

June 19, 2017 - By Maria Brooks

Luxor Capital Group Lp increased Nexstar Broadcasting Group I (NXST) stake by 9.33% reported in 2016Q4 SEC filing. Luxor Capital Group Lp acquired 35,124 shares as Nexstar Broadcasting Group I (NXST)’s stock declined 15.04%. The Luxor Capital Group Lp holds 411,555 shares with $26.05M value, up from 376,431 last quarter. Nexstar Broadcasting Group I now has $2.94B valuation. It closed at $62.5 lastly. It is down 19.43% since June 19, 2016 and is uptrending. It has outperformed by 2.73% the S&P500.

Asterias Biotherapeutics Inc (AST) formed triangle with $3.42 target or 7.00% above today’s $3.20 share price. Asterias Biotherapeutics Inc (AST) has $150.58 million valuation. It closed at $3.2 lastly. It is down 4.43% since June 19, 2016 and is uptrending. It has underperformed by 12.27% the S&P500.

Among 5 analysts covering Nexstar Broadcasting Group (NASDAQ:NXST), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Nexstar Broadcasting Group had 14 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by Barrington Research with “Outperform” on Monday, November 14. Zacks upgraded the shares of NXST in report on Wednesday, August 5 to “Hold” rating. Stephens initiated Nexstar Media Group Inc (NASDAQ:NXST) rating on Wednesday, November 18. Stephens has “Overweight” rating and $75 target. Wedbush maintained it with “Outperform” rating and $66 target in Wednesday, November 9 report. Wedbush maintained the shares of NXST in report on Wednesday, January 18 with “Outperform” rating. The company was upgraded on Tuesday, September 29 by Jefferies. The firm has “Outperform” rating given on Tuesday, December 22 by Barrington Research. On Wednesday, March 1 the stock rating was maintained by Benchmark with “Buy”. The stock of Nexstar Media Group Inc (NASDAQ:NXST) has “Outperform” rating given on Wednesday, March 1 by Wedbush.

Luxor Capital Group Lp decreased Dhx Media Ltd stake by 3.60 million shares to 6.56 million valued at $34.42M in 2016Q4. It also reduced Iac Interactivecorp (NASDAQ:IACI) stake by 943,767 shares and now owns 774,900 shares. Voya Finl Inc (NYSE:VOYA) was reduced too.

Investors sentiment increased to 1.18 in Q4 2016. Its up 0.01, from 1.17 in 2016Q3. It is positive, as 21 investors sold NXST shares while 58 reduced holdings. 34 funds opened positions while 59 raised stakes. 38.16 million shares or 1.74% more from 37.51 million shares in 2016Q3 were reported. The New York-based Scopus Asset Mngmt LP has invested 1.66% in Nexstar Media Group Inc (NASDAQ:NXST). Quinn Opportunity Limited Liability invested in 0.4% or 21,149 shares. Gp has invested 0% in Nexstar Media Group Inc (NASDAQ:NXST). First Bankshares Of Omaha stated it has 0.08% in Nexstar Media Group Inc (NASDAQ:NXST). Mesirow Fincl Inv Mgmt has invested 1.48% in Nexstar Media Group Inc (NASDAQ:NXST). Blackrock holds 0% or 2,517 shares. Yorktown And Rech Com Inc has 0.07% invested in Nexstar Media Group Inc (NASDAQ:NXST) for 4,200 shares. Fmr Ltd Com holds 0.01% of its portfolio in Nexstar Media Group Inc (NASDAQ:NXST) for 1.49 million shares. First Advsrs Lp has invested 0.01% in Nexstar Media Group Inc (NASDAQ:NXST). Emerald Mutual Fund Advisers Tru reported 319,189 shares. Moreover, Bluemountain Limited Liability Co has 0.72% invested in Nexstar Media Group Inc (NASDAQ:NXST). Dimensional Fund Advsrs Ltd Partnership invested 0.03% in Nexstar Media Group Inc (NASDAQ:NXST). Brown Advisory invested 0.15% in Nexstar Media Group Inc (NASDAQ:NXST). Eam Invsts Ltd Company has 50,676 shares. Parametric Assoc Llc reported 0.02% stake.

Since December 22, 2016, it had 0 insider purchases, and 8 selling transactions for $4.35 million activity. Russell Blake also sold $1.06M worth of Nexstar Media Group Inc (NASDAQ:NXST) shares. Shares for $667,691 were sold by SOOK PERRY A on Saturday, January 14. MUSE JOHN R sold $386,465 worth of stock. O’BRIEN THOMAS sold $234,887 worth of Nexstar Media Group Inc (NASDAQ:NXST) on Thursday, December 22. Shares for $442,637 were sold by Pruett Julie on Friday, December 23. RYDER ELIZABETH had sold 1,000 shares worth $70,000 on Friday, March 24.

Among 3 analysts covering Asterias Biotherapeutics (NYSEMKT:AST), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Asterias Biotherapeutics had 5 analyst reports since August 11, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, September 3 by Zacks. Chardan Capital Markets initiated Asterias Biotherapeutics Inc (NYSEMKT:AST) on Monday, May 23 with “Buy” rating. MLV maintained the shares of AST in report on Tuesday, August 11 with “Buy” rating. The stock of Asterias Biotherapeutics Inc (NYSEMKT:AST) has “Outperform” rating given on Thursday, November 19 by FBR Capital. FBR Capital reinitiated Asterias Biotherapeutics Inc (NYSEMKT:AST) on Tuesday, March 7 with “Outperform” rating.

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