Are Analysts Bullish Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) After Last Week?

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) Logo
Investors sentiment decreased to 0.87 in 2018 Q3. Its down 0.23, from 1.1 in 2018Q2. It fall, as 40 investors sold Sinclair Broadcast Group, Inc. shares while 54 reduced holdings. 35 funds opened positions while 47 raised stakes. 61.62 million shares or 18.08% less from 75.22 million shares in 2018Q2 were reported.
Hbk Invs Lp reported 0.01% stake. Fifth Third National Bank & Trust has invested 0% in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Aperio Gp Limited Liability Corp has 0% invested in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Rbf Cap Lc invested in 0.03% or 10,000 shares. 44,775 are held by Highland Cap Mngmt Lp. Goldman Sachs reported 915,508 shares or 0.01% of all its holdings. Connor Clark And Lunn Inv Mgmt Ltd holds 7,804 shares or 0% of its portfolio. Wells Fargo And Mn reported 296,374 shares. Sei Invests holds 0.02% or 187,600 shares. Bluecrest Cap Mngmt Ltd accumulated 9,001 shares. Nebraska-based Ameritas Invest Partners has invested 0.01% in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). 19,000 are owned by Summit Gru Ltd Liability. Savings Bank Of Mellon invested in 0.03% or 3.89 million shares. State Of New Jersey Common Pension Fund D holds 0.01% or 115,000 shares. Qs Limited Liability has 129,120 shares.

Since November 14, 2018, it had 0 buys, and 1 sale for $158,390 activity.

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) Ratings Coverage

Among 3 analysts covering Sinclair Broadcast Group (NASDAQ:SBGI), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Sinclair Broadcast Group had 6 analyst reports since July 17, 2018 according to SRatingsIntel. RBC Capital Markets maintained Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) on Friday, August 10 with “Outperform” rating. The rating was maintained by FBR Capital with “Buy” on Tuesday, July 17. The rating was maintained by FBR Capital with “Neutral” on Tuesday, December 18. FBR Capital maintained Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) rating on Thursday, November 8. FBR Capital has “Neutral” rating and $35 target. FBR Capital downgraded the stock to “Neutral” rating in Thursday, September 6 report. Below is a list of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) latest ratings and price target changes.

18/12/2018 Broker: FBR Capital Old Rating: Neutral New Rating: Neutral Old Target: $35 New Target: $38 Maintain
08/11/2018 Broker: FBR Capital Old Rating: Neutral New Rating: Neutral Old Target: $33 New Target: $35 Maintain
06/09/2018 Broker: FBR Capital Old Rating: Buy New Rating: Neutral Old Target: $36 New Target: $33 Downgrade
10/08/2018 Broker: RBC Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $38 New Target: $34 Maintain
31/07/2018 Broker: Evercore Rating: In-Line New Target: $34 Initiates Coverage On
17/07/2018 Broker: FBR Capital Old Rating: Buy New Rating: Buy Old Target: $49 New Target: $36 Maintain

The stock decreased 0.64% or $0.19 during the last trading session, reaching $29.58. About 217,220 shares traded. Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) has declined 15.08% since January 14, 2018 and is downtrending. It has underperformed by 15.08% the S&P500.

Sinclair Broadcast Group, Inc. operates as a television broadcasting firm in the United States. The company has market cap of $2.88 billion. It owns or provides various programming, operating, or sales services to television stations. It has a 5.25 P/E ratio. The firm broadcasts free over-the-air programming, such as network provided programs, locally-produced news, local sporting events, programming from program service arrangements, syndicated entertainment programs, and internally originated programming to television viewing audiences in the communities through various local television stations.

More notable recent Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) news were published by: Bizjournals.com which released: “Year in Review: Stock market’s struggle in 2018 hits Greater Baltimore companies – Baltimore Business Journal” on December 26, 2018, also Seekingalpha.com with their article: “Sinclair Broadcast Group’s Breaking News: 40% Upside – Seeking Alpha” published on May 01, 2018, Nasdaq.com published: “After Hours Most Active for Dec 20, 2018 : CZR, GE, MS, TSG, IGT, QQQ, SBGI, T, MPW, WH, INTC, SIRI – Nasdaq” on December 20, 2018. More interesting news about Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) were released by: Nasdaq.com and their article: “Is Sinclair Broadcast (SBGI) Stock a Suitable Value Pick? – Nasdaq” published on August 20, 2018 as well as Nasdaq.com‘s news article titled: “Netflix Drops Marvel Series, Banks on Award-Winning Content – Nasdaq” with publication date: December 27, 2018.

Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) Institutional Positions Chart

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