New England Research & Management Decreased Its General Electric (GE) Holding; 7 Analysts Covering Sinclair Broadcast Group, Inc. (SBGI)

February 21, 2018 - By Linda Rogers

Among 7 analysts covering Sinclair Broadcast Group Inc (NASDAQ:SBGI), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Sinclair Broadcast Group Inc had 22 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Wedbush given on Friday, January 29. The firm earned “Buy” rating on Tuesday, September 26 by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Outperform” on Tuesday, November 10. The rating was maintained by Benchmark with “Buy” on Thursday, November 5. The firm has “Overweight” rating given on Thursday, November 3 by Stephens. The company was initiated on Wednesday, November 18 by Stephens. Stephens maintained the stock with “Buy” rating in Friday, June 2 report. The stock of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) has “Buy” rating given on Thursday, August 3 by RBC Capital Markets. RBC Capital Markets maintained the shares of SBGI in report on Thursday, February 23 with “Outperform” rating. The firm has “Outperform” rating given on Tuesday, September 27 by Wedbush. See Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) latest ratings:

16/01/2018 Broker: Stephens Rating: Buy New Target: $47.0 Maintain
14/12/2017 Broker: Jefferies Rating: Buy New Target: $48 Initiates Coverage On
27/11/2017 Broker: FBR Capital Rating: Buy New Target: $46.0
01/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $43.0 Maintain
31/10/2017 Broker: FBR Capital Rating: Buy New Target: $43 Initiates Coverage On
20/10/2017 Broker: Deutsche Bank Rating: Buy New Target: $46.0 Initiate
26/09/2017 Broker: RBC Capital Markets Rating: Buy New Target: $43.0 Maintain

New England Research & Management Inc decreased General Electric (GE) stake by 11.74% reported in 2017Q3 SEC filing. New England Research & Management Inc sold 12,658 shares as General Electric (GE)’s stock declined 7.64%. The New England Research & Management Inc holds 95,184 shares with $2.30 million value, down from 107,842 last quarter. General Electric now has $127.83 billion valuation. The stock decreased 2.06% or $0.31 during the last trading session, reaching $14.74. About 61.67M shares traded. General Electric Company (NYSE:GE) has declined 4.46% since February 21, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.

New England Research & Management Inc increased Franklin Resources (NYSE:BEN) stake by 10,000 shares to 35,900 valued at $1.60 million in 2017Q3. It also upped Crane (NYSE:CR) stake by 7,350 shares and now owns 15,800 shares. Delta Airlines (NYSE:DAL) was raised too.

Investors sentiment decreased to 0.69 in Q3 2017. Its down 0.10, from 0.79 in 2017Q2. It fall, as 112 investors sold GE shares while 818 reduced holdings. 118 funds opened positions while 525 raised stakes. 4.70 billion shares or 1.82% more from 4.61 billion shares in 2017Q2 were reported. Trustmark Bancorporation Department accumulated 127,766 shares. Cibc World reported 0.35% stake. Cornerstone holds 0.36% or 21,903 shares in its portfolio. Westchester Management holds 3.35% or 323,121 shares in its portfolio. Jefferies Grp Ltd Liability Corp has invested 0.05% in General Electric Company (NYSE:GE). Logan Mngmt holds 1.49% or 859,866 shares. Gm Advisory Grp Inc Inc has 29,745 shares. White Pine Capital Lc holds 0.01% of its portfolio in General Electric Company (NYSE:GE) for 99,033 shares. Portfolio Strategies accumulated 0.01% or 170 shares. Auxier Asset, Oregon-based fund reported 17,618 shares. Mengis Mngmt reported 92,165 shares. Jarislowsky Fraser Ltd has 0.55% invested in General Electric Company (NYSE:GE) for 3.82M shares. Norinchukin Bancorporation The invested 0.83% of its portfolio in General Electric Company (NYSE:GE). Indiana Trust Inv Mngmt Company reported 78,898 shares. Hightower Limited Com accumulated 3.28 million shares.

Since August 22, 2017, it had 1 insider buy, and 0 insider sales for $43,446 activity. DIMITRIEF ALEXANDER bought $43,446 worth of stock or 2,689 shares. TISCH JAMES S had bought 100,000 shares worth $2.46M on Tuesday, August 22.

Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 5 Sell and 15 Hold. Therefore 29% are positive. General Electric Company had 91 analyst reports since July 21, 2015 according to SRatingsIntel. UBS initiated it with “Hold” rating and $17.0 target in Tuesday, January 23 report. The stock of General Electric Company (NYSE:GE) has “Hold” rating given on Tuesday, September 22 by Vetr. On Wednesday, January 24 the stock rating was maintained by CFRA with “Hold”. The stock has “Buy” rating by Citigroup on Monday, October 23. RBC Capital Markets downgraded General Electric Company (NYSE:GE) on Tuesday, November 14 to “Sector Perform” rating. The rating was maintained by Credit Suisse with “Buy” on Wednesday, April 12. The stock has “Buy” rating by UBS on Friday, October 14. The stock of General Electric Company (NYSE:GE) has “Buy” rating given on Wednesday, December 23 by Argus Research. The firm has “Underweight” rating by JP Morgan given on Monday, February 12. The firm earned “Perform” rating on Monday, September 21 by Oppenheimer.

Analysts await General Electric Company (NYSE:GE) to report earnings on April, 20. They expect $0.12 EPS, down 42.86% or $0.09 from last year’s $0.21 per share. GE’s profit will be $1.04B for 30.71 P/E if the $0.12 EPS becomes a reality. After $0.27 actual EPS reported by General Electric Company for the previous quarter, Wall Street now forecasts -55.56% negative EPS growth.

Investors sentiment decreased to 1.23 in 2017 Q3. Its down 0.35, from 1.58 in 2017Q2. It dived, as 39 investors sold Sinclair Broadcast Group, Inc. shares while 58 reduced holdings. 41 funds opened positions while 78 raised stakes. 83.23 million shares or 3.94% more from 80.08 million shares in 2017Q2 were reported. Guggenheim Capital Limited Liability Co reported 48,623 shares. State Street Corp invested in 1.41M shares or 0% of the stock. Dreman Value Mngmt L L C reported 829 shares. Wells Fargo & Mn stated it has 0% in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Us Bank De has 0% invested in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) for 36,707 shares. Pinnacle Assoc Ltd, New York-based fund reported 1.48M shares. J Goldman & Commerce Limited Partnership stated it has 57,468 shares. Strs Ohio has invested 0.05% in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Tower Rech Cap Ltd Llc (Trc) holds 3,538 shares or 0.01% of its portfolio. Glenhill Ltd reported 3.81% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). 46,440 were reported by Apollo Management Hldg Ltd Partnership. Deutsche Retail Bank Ag has invested 0.01% of its portfolio in Sinclair Broadcast Group, Inc. (NASDAQ:SBGI). Ellington Mgmt Grp Lc invested in 0.03% or 6,300 shares. Peak6 Invs Lp accumulated 164,017 shares. Brinker Capital Inc holds 0.03% or 20,953 shares in its portfolio.

Sinclair Broadcast Group, Inc. operates as a television broadcasting firm in the United States. The company has market cap of $3.73 billion. It owns or provides various programming, operating, or sales services to television stations. It has a 14.16 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.

The stock increased 0.96% or $0.35 during the last trading session, reaching $36.65. About 705,449 shares traded. Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) has risen 12.28% since February 21, 2017 and is uptrending. It has underperformed by 4.42% the S&P500.

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