Hgk Asset Management Has Lowered Its General Dynamics Co (GD) Stake; Roystone Capital Management LP Lowered Nexstar Broadcasting Group I (NXST) Stake

June 19, 2017 - By Adrian Erickson

Roystone Capital Management Lp decreased Nexstar Broadcasting Group I (NXST) stake by 27.43% reported in 2016Q4 SEC filing. Roystone Capital Management Lp sold 225,500 shares as Nexstar Broadcasting Group I (NXST)’s stock declined 15.04%. The Roystone Capital Management Lp holds 596,500 shares with $37.76 million value, down from 822,000 last quarter. Nexstar Broadcasting Group I now has $2.92B valuation. The stock declined 0.64% or $0.4 reaching $62.1 per share. About 236,740 shares traded. Nexstar Media Group Inc (NASDAQ:NXST) has risen 19.43% since June 19, 2016 and is uptrending. It has outperformed by 2.73% the S&P500.

Hgk Asset Management Inc decreased General Dynamics Co (GD) stake by 5.49% reported in 2016Q4 SEC filing. Hgk Asset Management Inc sold 4,485 shares as General Dynamics Co (GD)’s stock rose 3.60%. The Hgk Asset Management Inc holds 77,202 shares with $13.33M value, down from 81,687 last quarter. General Dynamics Co now has $61.84B valuation. The stock rose 0.82% or $1.67 reaching $204.34. About 494,451 shares traded. General Dynamics Corporation (NYSE:GD) has risen 36.41% since June 19, 2016 and is uptrending. It has outperformed by 19.71% the S&P500.

Investors sentiment increased to 1.18 in Q4 2016. Its up 0.01, from 1.17 in 2016Q3. It improved, 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. Bnp Paribas Arbitrage reported 0% stake. Ubs Oconnor Lc invested 0% of its portfolio in Nexstar Media Group Inc (NASDAQ:NXST). Morgan Stanley reported 188,340 shares stake. 5,900 were accumulated by Paloma Partners. Envestnet Asset Inc holds 0% or 7,734 shares. 1.49 million were reported by Fmr Limited Company. Northern Trust Corporation, Illinois-based fund reported 387,874 shares. Spot Trading Limited Com owns 21,378 shares. North Carolina-based State Bank Of America Corp De has invested 0% in Nexstar Media Group Inc (NASDAQ:NXST). Zurcher Kantonalbank (Zurich Cantonalbank) reported 916 shares stake. Numeric Invsts Ltd Limited Liability Company accumulated 15,700 shares or 0.01% of the stock. United Ser Automobile Association holds 34,000 shares. Citadel Advisors Limited Liability holds 0% or 6,578 shares. Fund Sa invested 0.06% of its portfolio in Nexstar Media Group Inc (NASDAQ:NXST). Alliancebernstein Ltd Partnership holds 44,590 shares or 0% of its portfolio.

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. Wedbush maintained the stock with “Outperform” rating in Wednesday, March 1 report. Barrington Research maintained the shares of NXST in report on Monday, November 14 with “Outperform” rating. The company was upgraded on Tuesday, September 29 by Jefferies. The rating was initiated by Barrington Research on Tuesday, December 22 with “Outperform”. The stock of Nexstar Media Group Inc (NASDAQ:NXST) earned “Hold” rating by Zacks on Wednesday, August 5. The rating was maintained by Wedbush on Wednesday, January 18 with “Outperform”. The rating was initiated by Stephens with “Overweight” on Wednesday, November 18. The firm has “Outperform” rating given on Wednesday, November 9 by Wedbush. The stock of Nexstar Media Group Inc (NASDAQ:NXST) has “Buy” rating given on Wednesday, March 1 by Benchmark.

Since December 22, 2016, it had 0 insider purchases, and 8 insider sales for $4.35 million activity. Another trade for 15,000 shares valued at $1.06M was sold by Russell Blake. 7,000 shares were sold by Pruett Julie, worth $442,637 on Friday, December 23. O’BRIEN THOMAS had sold 3,699 shares worth $234,887. Another trade for 10,833 shares valued at $765,243 was sold by SOOK PERRY A. $386,465 worth of Nexstar Media Group Inc (NASDAQ:NXST) was sold by MUSE JOHN R. RYDER ELIZABETH had sold 1,000 shares worth $70,000 on Friday, March 24.

Roystone Capital Management Lp increased First Data Corp New stake by 94,000 shares to 2.27M valued at $32.21 million in 2016Q4. It also upped Skyworks Solutions Inc (NASDAQ:SWKS) stake by 217,100 shares and now owns 564,350 shares. Fleetcor Technologies Inc (NYSE:FLT) was raised too.

Investors sentiment increased to 1.12 in Q4 2016. Its up 0.21, from 0.91 in 2016Q3. It is positive, as 41 investors sold GD shares while 312 reduced holdings. 128 funds opened positions while 266 raised stakes. 261.05 million shares or 0.73% less from 262.97 million shares in 2016Q3 were reported. Federated Invsts Pa stated it has 146,285 shares or 0.08% of all its holdings. Advisor Prtn holds 0.22% or 4,313 shares in its portfolio. 19,943 are owned by Weatherly Asset Management L P. Pekin Singer Strauss Asset Mgmt Il holds 0.12% or 7,720 shares in its portfolio. Moreover, Schulhoff Com has 0.25% invested in General Dynamics Corporation (NYSE:GD). Hyman Charles D holds 2,860 shares. Allstate Corp holds 86,721 shares. Kornitzer Capital Management Ks accumulated 182,478 shares or 0.59% of the stock. Dearborn Prns Ltd Co reported 66,380 shares stake. Fiduciary Fin Svcs Of The Southwest Inc Tx accumulated 13,366 shares. Gyroscope Cap Mgmt Gru Lc accumulated 21,803 shares. South State Corp stated it has 2,725 shares or 0.07% of all its holdings. Rothschild Asset stated it has 0.01% of its portfolio in General Dynamics Corporation (NYSE:GD). Endurance Wealth Mngmt owns 0.05% invested in General Dynamics Corporation (NYSE:GD) for 1,703 shares. Evercore Tru Company Na invested 12.34% of its portfolio in General Dynamics Corporation (NYSE:GD).

Since January 31, 2017, it had 0 buys, and 8 insider sales for $33.86 million activity. 39,860 shares were sold by Gallopoulos Gregory S, worth $7.17 million. On Friday, March 24 Barra Mary T sold $1.85M worth of General Dynamics Corporation (NYSE:GD) or 9,860 shares. The insider CASEY JOHN PATRICK sold $8.98 million. On Tuesday, February 21 the insider Johnson S. Daniel sold $988,019. 19,075 shares were sold by Burns Mark Lagrand, worth $3.58M. Shares for $8.84M were sold by Marzilli Christopher. $1.94M worth of stock was sold by FRICKS WILLIAM P on Wednesday, March 1.

Hgk Asset Management Inc increased Hca Inc (NYSE:HCA) stake by 16,476 shares to 193,611 valued at $14.33M in 2016Q4. It also upped Centurylink Inc. (NYSE:CTL) stake by 127,647 shares and now owns 632,217 shares. Johnson & Johnson (NYSE:JNJ) was raised too.

Among 14 analysts covering General Dynamics Corporation (NYSE:GD), 8 have Buy rating, 0 Sell and 6 Hold. Therefore 57% are positive. General Dynamics Corporation had 35 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Wolfe Research on Thursday, October 29 with “Outperform”. The stock has “Buy” rating by Argus Research on Thursday, November 19. Jefferies maintained General Dynamics Corporation (NYSE:GD) on Wednesday, April 19 with “Buy” rating. The stock has “Buy” rating by Jefferies on Wednesday, May 31. Barclays Capital upgraded General Dynamics Corporation (NYSE:GD) on Monday, November 30 to “Overweight” rating. Drexel Hamilton downgraded the stock to “Hold” rating in Friday, July 31 report. RBC Capital Markets maintained General Dynamics Corporation (NYSE:GD) on Thursday, April 27 with “Outperform” rating. RBC Capital Markets initiated the stock with “Outperform” rating in Thursday, January 12 report. The rating was maintained by Barclays Capital on Monday, May 2 with “Overweight”. The firm has “Buy” rating given on Tuesday, August 25 by Zacks.

Analysts await General Dynamics Corporation (NYSE:GD) to report earnings on July, 26. They expect $2.43 earnings per share, down 0.41% or $0.01 from last year’s $2.44 per share. GD’s profit will be $735.40 million for 21.02 P/E if the $2.43 EPS becomes a reality. After $2.48 actual earnings per share reported by General Dynamics Corporation for the previous quarter, Wall Street now forecasts -2.02% negative EPS growth.

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