Nexstar Media Group (NXST) Reaches $61.78 After 7.00% Down Move, Cigna (CI) SI Increased By 4.55%

June 19, 2017 - By Ellis Scott

Cigna Corporation (NYSE:CI) had an increase of 4.55% in short interest. CI’s SI was 2.45 million shares in June as released by FINRA. Its up 4.55% from 2.35M shares previously. With 1.29 million avg volume, 2 days are for Cigna Corporation (NYSE:CI)’s short sellers to cover CI’s short positions. About 663,550 shares traded. CIGNA Corporation (NYSE:CI) has risen 23.57% since June 19, 2016 and is uptrending. It has outperformed by 6.87% the S&P500.

The stock of Nexstar Media Group Inc (NASDAQ:NXST) is a huge mover today! About 111,456 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.The move comes after 7 months negative chart setup for the $2.90 billion company. It was reported on Jun, 19 by Barchart.com. We have $57.46 PT which if reached, will make NASDAQ:NXST worth $203.00M less.

Nexstar Media Group, Inc., formerly Nexstar Broadcasting Group, Inc., is a television broadcasting and digital media company. The company has market cap of $2.90 billion. The Firm is focused on the acquisition, development and operation of television stations and interactive community Websites, and digital media services in medium-sized markets in the United States. It has a 26.45 P/E ratio. The Company’s divisions include Broadcasting and Other.

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 Nexstar Media Group Inc (NASDAQ:NXST) on Wednesday, November 9 with “Outperform” rating. Wedbush maintained Nexstar Media Group Inc (NASDAQ:NXST) on Wednesday, March 1 with “Outperform” rating. The stock has “Outperform” rating by Barrington Research on Tuesday, December 22. On Tuesday, September 29 the stock rating was upgraded by Jefferies to “Buy”. The firm earned “Buy” rating on Wednesday, March 1 by Benchmark. Wedbush maintained the shares of NXST in report on Wednesday, January 18 with “Outperform” rating. Stephens initiated Nexstar Media Group Inc (NASDAQ:NXST) rating on Wednesday, November 18. Stephens has “Overweight” rating and $75 target. The rating was maintained by Barrington Research on Monday, November 14 with “Outperform”. The rating was upgraded by Zacks on Wednesday, August 5 to “Hold”.

Since December 22, 2016, it had 0 insider buys, and 8 selling transactions for $4.35 million activity. 10,725 Nexstar Media Group Inc (NASDAQ:NXST) shares with value of $667,691 were sold by SOOK PERRY A. MUSE JOHN R sold $386,465 worth of stock or 5,516 shares. RYDER ELIZABETH had sold 1,000 shares worth $70,000 on Friday, March 24. Another trade for 10,000 shares valued at $723,102 was made by O’BRIEN THOMAS on Monday, March 6. Another trade for 15,000 shares valued at $1.06 million was sold by Russell Blake. $442,637 worth of Nexstar Media Group Inc (NASDAQ:NXST) shares were sold by Pruett Julie.

Investors sentiment increased to 1.18 in 2016 Q4. Its up 0.01, from 1.17 in 2016Q3. It increased, as 21 investors sold Nexstar Media Group Inc 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. Bancorporation Of New York Mellon Corp accumulated 2.08M shares. Westfield Capital Management Limited Partnership has 1.17M shares for 0.65% of their portfolio. Legal & General Grp Plc stated it has 11,415 shares. Keeley Asset Corporation reported 654,247 shares or 1.76% of all its holdings. Parallax Volatility Advisers L P holds 20,090 shares or 0% of its portfolio. Ruggie Cap Gru owns 15 shares. Mesirow Fincl Management reported 379,372 shares. Hound Prtn Ltd Llc holds 0.15% or 100,000 shares in its portfolio. 110,465 are owned by Blackrock Group Inc Ltd. First Retail Bank Of Omaha has 19,586 shares. Great West Life Assurance Can holds 0% in Nexstar Media Group Inc (NASDAQ:NXST) or 3,465 shares. Quinn Opportunity Prtn Llc has 21,149 shares. 220 are owned by Creative Planning. Vanguard holds 0.01% or 2.23 million shares. Cipher Cap Limited Partnership, New York-based fund reported 89,520 shares.

Cigna Corporation , together with its subsidiaries, is a health services company. The company has market cap of $44.04 billion. The Firm offers medical, dental, disability, life and accident insurance and related services and products. It has a 22.71 P/E ratio. The Company’s divisions include Global Health Care, Global Supplemental Benefits, Group Disability and Life, and Other Operations and Corporate.

Among 15 analysts covering CIGNA (NYSE:CI), 13 have Buy rating, 0 Sell and 2 Hold. Therefore 87% are positive. CIGNA had 23 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of CIGNA Corporation (NYSE:CI) earned “Buy” rating by Sterne Agee CRT on Monday, July 27. Jefferies upgraded the stock to “Buy” rating in Friday, January 8 report. Citigroup initiated the stock with “Buy” rating in Friday, October 2 report. Piper Jaffray initiated CIGNA Corporation (NYSE:CI) on Wednesday, January 4 with “Overweight” rating. Barclays Capital maintained CIGNA Corporation (NYSE:CI) on Wednesday, January 6 with “Equal-Weight” rating. Morgan Stanley initiated the shares of CI in report on Wednesday, June 7 with “Overweight” rating. The company was initiated on Tuesday, June 28 by Stifel Nicolaus. As per Tuesday, August 18, the company rating was maintained by RBC Capital Markets. The stock of CIGNA Corporation (NYSE:CI) earned “Sector Perform” rating by RBC Capital Markets on Monday, November 9. The stock of CIGNA Corporation (NYSE:CI) earned “Outperform” rating by RBC Capital Markets on Friday, February 10.

Since December 20, 2016, it had 0 insider buys, and 14 insider sales for $16.73 million activity. Hoeltzel Mary T sold 2,850 shares worth $460,313. On Friday, June 2 Manders Matthew G sold $990,000 worth of CIGNA Corporation (NYSE:CI) or 6,000 shares. 4,464 shares valued at $654,155 were sold by McCarthy Thomas A on Monday, February 27. $640,418 worth of CIGNA Corporation (NYSE:CI) shares were sold by Sadler Jason D. Another trade for 1,923 shares valued at $320,269 was made by ZOLLARS WILLIAM D on Tuesday, June 13. $6.45M worth of CIGNA Corporation (NYSE:CI) shares were sold by Cordani David. Jones Nicole S also sold $3.25M worth of CIGNA Corporation (NYSE:CI) on Wednesday, May 17.

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