Sinclair Broadcast Group, Inc. (SBGI) Posts Earnings Results

Sinclair Broadcast

The stock rose 0.23% or $0.34 reaching $149.94 per share. About shares traded. Caterpillar Inc. Home Depot Inc (NYSE:HD) has risen 18.65% since August 1, 2016 and is uptrending.

There are too many local TV newscasts out there - at least as it concerns Sinclair Broadcast Group. SBGI's SI was 8.95M shares in August as released by FINRA. Its up 137.37% from 344,400 shares previously.

Sinclair Broadcast Group (NASDAQ:SBGI) last issued its earnings results on Wednesday, August 2nd. Sinclair Broadcast Group's payout ratio is 24.08%. Spot Trading Llc holds 0.04% or 46,807 shares. Ameriprise Fin reported 0% in Sinclair Broadcast Group Inc (NASDAQ:SBGI). It has underperformed by 4.42% the S&P500.

Since February 14, 2017, it had 1 insider buy, and 1 sale for $280,924 activity. The average volume stands around 2.21 million shares.

Schwab Charles Investment Management Inc. boosted its position in Sinclair Broadcast Group, Inc.

02/23/2017 - Sinclair Broadcast Group, Inc. had its "outperform" rating reiterated by analysts at Wedbush.

In related news, Director Lawrence E. Mccanna sold 2,000 shares of the business's stock in a transaction that occurred on Wednesday, June 14th. SMITH DAVID D bought $161,799 worth of stock or 4,400 shares. Sinclair Broadcast Group Inc had 14 analyst reports since July 30, 2015 according to SRatingsIntel.

British actor Robert Hardy dies aged 91
He played Churchill seven times, including in Winston Churchill: The Wilderness Years , for which he won a Bafta in 1982. He also befriended actor Richard Burton in a college theater club. "And I thought he was presumptuous and tiresome".

During the second quarter, the broadcaster's sales rose almost 2 percent to $679.3 million, compared with $666.5 million in the second quarter of a year ago, beating expectations. Fayez Sarofim & Company who had been investing in Caterpillarinc for a number of months, seems to be less bullish one the $66.63 billion market cap company. The Firm focuses on providing content on its local television stations and digital platforms. It has a 11.62 P/E ratio. Tribune Media was formed in 2014 when Tribune Co., then the parent of The Baltimore Sun, split its broadcasting and publishing divisions into separate, independent companies. Therefore 100% are positive. (SBGI) opened at 32.65 on Thursday. The firm has "Outperform" rating by RBC Capital Markets given on Tuesday, November 10. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. ValuEngine lowered Sinclair Broadcast Group from a "buy" rating to a "hold" rating and decreased their price objective for the company from $48.00 to $37.00 in a research note on Thursday, May 11th. The firm earned "Buy" rating on Friday, June 2 by Stephens. Analysts set a 12-month price target of $4.79 a share. "(NASDAQ:SBGI)" was originally published by Markets Daily and is the property of of Markets Daily. The rating was maintained by Wedbush with "Outperform" on Friday, January 29. Wedbush maintained it with "Outperform" rating and $36 target in Tuesday, September 27 report.

Investors sentiment decreased to 0.86 in Q4 2016. Its down 0.11, from 0.97 in 2016Q3. 30 funds opened positions while 55 raised stakes. Sinclair Broadcast Group, Inc.'s stock is -6.81% away from its 20-Day Simple Moving Average. Stifel stated it has 0% in Sinclair Broadcast Group Inc (NASDAQ:SBGI).

On 5/4/2016 Sinclair Broadcast Group announced a Quarterly dividend of $0.18 with an ex dividend date of 5/27/2016 which will be payable on 6/15/2016. 47,100 are held by Virginia Retirement Systems Et Al. 275 are owned by Cornerstone Advsr. Ftb Advsrs owns 531 shares for 0% of their portfolio. Wells Fargo And Mn stated it has 116,551 shares or 0% of all its holdings. Vanguard Group Inc. increased its stake in Sinclair Broadcast Group by 23.3% in the first quarter. State Street has invested 0% in Sinclair Broadcast Group Inc (NASDAQ:SBGI). (NASDAQ:SBGI) is seeing declines so far in today's trading session. It is negative, as 29 investors sold SBGI shares while 70 reduced holdings. Creative Planning holds 0.03% or 166,625 shares. Peddock Capital Advisors Ltd Llc has 488 shares. Old Second Retail Bank Of Aurora accumulated 5,305 shares. Commonwealth Natl Bank Of Aus reported 0.17% in Home Depot Inc (NYSE:HD). Dimensional Fund Advisors Ltd Partnership owns 3.32M shares. 1 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data.

WARNING: "James Investment Research Inc". Gulf International Bank (Uk) Ltd reported 377,299 shares. Breaking that down further, it has performed -3.99% for the week, 6.40% for the month, -6.56% over the last quarter, 2.50% for the past half-year and 27.23% for this previous year. Everpoint Asset Mgmt Lc has invested 0.04% of its portfolio in Yelp Inc (NYSE:YELP). Reliant Investment Ltd Liability Corporation has 2.68% invested in Home Depot Inc (NYSE:HD). Qvt Financial Lp accumulated 314,465 shares. Sg Americas Securities Limited Liability Com has invested 0% of its portfolio in Yelp Inc (NYSE:YELP). Bath Savings has 0.26% invested in Home Depot Inc (NYSE:HD).

03/03/2014 - Sinclair Broadcast Group, Inc. was upgraded to " by analysts at Thomson Reuters/Verus. (NYSE:HD), 16 have Buy rating, 0 Sell and 8 Hold. The rating was maintained by Stifel Nicolaus on Monday, November 2 with "Buy". Raymond James upgraded Yelp Inc (NYSE:YELP) on Wednesday, August 10 to "Outperform" rating. The stock's market capitalization is 3.70B. The firm has "Positive" rating given on Thursday, March 24 by OTR Global. The company was initiated on Friday, December 2 by Oppenheimer. The median estimate represents a 31.79% increase from the last price of 36.80. The rating was maintained by Cantor Fitzgerald on Monday, August 17 with "Hold". Proshare Limited Com reported 0% stake.

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