Grand Jean Capital Management Stake in Trupanion (TRUP) Has Lowered by $596,385 as Stock Value Declined; Nexstar Media Group (NXST) Shares Declined While Clear Harbor Asset Management Decreased Its Holding by $3.21 Million

April 16, 2018 - By Clifton Ray

Nexstar Media Group, Inc. (NASDAQ:NXST) Logo

Clear Harbor Asset Management Llc decreased its stake in Nexstar Media Group Inc (NXST) by 92.37% based on its latest 2017Q4 regulatory filing with the SEC. Clear Harbor Asset Management Llc sold 41,155 shares as the company’s stock declined 14.98% with the market. The institutional investor held 3,400 shares of the consumer services company at the end of 2017Q4, valued at $266,000, down from 44,555 at the end of the previous reported quarter. Clear Harbor Asset Management Llc who had been investing in Nexstar Media Group Inc for a number of months, seems to be less bullish one the $2.91 billion market cap company. The stock increased 1.36% or $0.85 during the last trading session, reaching $63.2. About 651,381 shares traded or 10.72% up from the average. Nexstar Media Group, Inc. (NASDAQ:NXST) has declined 3.18% since April 16, 2017 and is downtrending. It has underperformed by 14.73% the S&P500.

Grand Jean Capital Management Inc decreased its stake in Trupanion Inc (TRUP) by 7.84% based on its latest 2017Q4 regulatory filing with the SEC. Grand Jean Capital Management Inc sold 20,565 shares as the company’s stock declined 2.28% with the market. The institutional investor held 241,724 shares of the health care company at the end of 2017Q4, valued at $7.08M, down from 262,289 at the end of the previous reported quarter. Grand Jean Capital Management Inc who had been investing in Trupanion Inc for a number of months, seems to be less bullish one the $820.09M market cap company. The stock increased 1.61% or $0.43 during the last trading session, reaching $27.22. About 109,913 shares traded. Trupanion, Inc. (NYSE:TRUP) has risen 105.49% since April 16, 2017 and is uptrending. It has outperformed by 93.94% the S&P500.

Investors sentiment decreased to 1.08 in 2017 Q4. Its down 0.29, from 1.37 in 2017Q3. It is negative, as 36 investors sold NXST shares while 70 reduced holdings. 46 funds opened positions while 69 raised stakes. 49.44 million shares or 6.28% more from 46.52 million shares in 2017Q3 were reported. Hsbc Public Limited has invested 0% of its portfolio in Nexstar Media Group, Inc. (NASDAQ:NXST). Westfield Cap Mngmt Lp has 0.42% invested in Nexstar Media Group, Inc. (NASDAQ:NXST) for 710,247 shares. First Bancorp Of Omaha owns 23,541 shares. Dalton Greiner Hartman Maher & Com has invested 0.96% of its portfolio in Nexstar Media Group, Inc. (NASDAQ:NXST). United Automobile Association holds 0.02% or 90,110 shares in its portfolio. Bw Gestao De Investimentos Ltda accumulated 14,599 shares. Prelude Cap Mngmt Limited Liability Corp stated it has 0.05% in Nexstar Media Group, Inc. (NASDAQ:NXST). Three Bays Capital Lp accumulated 100,300 shares or 0.44% of the stock. Advisory Svcs Net Lc, a Georgia-based fund reported 196 shares. Davenport Ltd Co has invested 0.04% of its portfolio in Nexstar Media Group, Inc. (NASDAQ:NXST). Community Fincl Bank Na accumulated 50 shares or 0% of the stock. Bluemountain Capital Mgmt Ltd Limited Liability Company has invested 0.4% in Nexstar Media Group, Inc. (NASDAQ:NXST). Stratos Wealth has 845 shares for 0% of their portfolio. P2 Prtnrs Ltd Com holds 1.17M shares or 10.82% of its portfolio. Proshare Advsr Limited owns 6,726 shares for 0% of their portfolio.

Analysts await Nexstar Media Group, Inc. (NASDAQ:NXST) to report earnings on May, 8. They expect $1.34 earnings per share, up 204.55% or $0.90 from last year’s $0.44 per share. NXST’s profit will be $61.78M for 11.79 P/E if the $1.34 EPS becomes a reality. After $1.61 actual earnings per share reported by Nexstar Media Group, Inc. for the previous quarter, Wall Street now forecasts -16.77% negative EPS growth.

Clear Harbor Asset Management Llc, which manages about $493.82M and $531.63M US Long portfolio, upped its stake in Western Digital Corp (NASDAQ:WDC) by 56,485 shares to 177,121 shares, valued at $14.09 million in 2017Q4, according to the filing. It also increased its holding in Qorvo Inc by 23,996 shares in the quarter, for a total of 84,212 shares, and has risen its stake in Dillards Inc (NYSE:DDS).

Among 12 analysts covering Nexstar Broadcasting Group (NASDAQ:NXST), 12 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Nexstar Broadcasting Group had 34 analyst reports since August 5, 2015 according to SRatingsIntel. The company was maintained on Monday, August 14 by Jefferies. The company was initiated on Friday, October 20 by Deutsche Bank. The stock has “Buy” rating by Deutsche Bank on Wednesday, November 8. Zacks upgraded Nexstar Media Group, Inc. (NASDAQ:NXST) rating on Wednesday, August 5. Zacks has “Hold” rating and $60 target. As per Wednesday, July 5, the company rating was maintained by RBC Capital Markets. As per Monday, June 12, the company rating was maintained by Jefferies. Wedbush maintained the shares of NXST in report on Wednesday, March 1 with “Outperform” rating. The firm earned “Buy” rating on Sunday, October 22 by Jefferies. The stock of Nexstar Media Group, Inc. (NASDAQ:NXST) has “Buy” rating given on Tuesday, November 7 by B. Riley & Co. Barrington Research maintained it with “Outperform” rating and $70 target in Monday, November 14 report.

Since October 20, 2017, it had 0 insider purchases, and 2 selling transactions for $322,411 activity.

Grand Jean Capital Management Inc, which manages about $351.43 million and $298.07 million US Long portfolio, upped its stake in Howard Hughes Corp (NYSE:HHC) by 2,569 shares to 76,682 shares, valued at $10.07 million in 2017Q4, according to the filing. It also increased its holding in Blackstone Group Lp (NYSE:BX) by 13,175 shares in the quarter, for a total of 362,245 shares, and has risen its stake in Crown Holdings Inc (NYSE:CCK).

Among 8 analysts covering Trupanion (NYSE:TRUP), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Trupanion had 19 analyst reports since July 19, 2016 according to SRatingsIntel. On Tuesday, July 19 the stock rating was initiated by Lake Street with “Buy”. The rating was maintained by Canaccord Genuity on Wednesday, August 2 with “Buy”. Lake Street maintained it with “Buy” rating and $41.0 target in Wednesday, February 14 report. The rating was maintained by RBC Capital Markets on Friday, May 6 with “Outperform”. The stock of Trupanion, Inc. (NASDAQ:TRUP) earned “Outperform” rating by Northland Capital on Friday, May 26. The company was maintained on Thursday, February 8 by Northland Capital. The rating was maintained by Northland Capital on Thursday, July 6 with “Buy”. The stock of Trupanion, Inc. (NASDAQ:TRUP) has “Buy” rating given on Wednesday, February 14 by Stifel Nicolaus. The rating was initiated by C.L. King on Tuesday, November 21 with “Hold”. On Monday, July 31 the stock rating was maintained by RBC Capital Markets with “Buy”.

Nexstar Media Group, Inc. (NASDAQ:NXST) Institutional Positions Chart

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