Nexstar Media Group (NXST) Shareholder Claar Advisors Raised Its Position by $7.27 Million; Exxon Mobil (XOM) Shareholder Mcrae Capital Management Lowered Holding as Market Valuation Rose

November 14, 2017 - By Peter Erickson

Gary Claar increased its stake in Nexstar Media Group Inc (NXST) by 263.68% based on its latest 2017Q2 regulatory filing with the SEC. Claar Advisors Llc bought 123,229 shares as the company’s stock declined 15.04% while stock markets rallied. The hedge fund run by Gary Claar held 169,963 shares of the consumer services company at the end of 2017Q2, valued at $10.16M, up from 46,734 at the end of the previous reported quarter. Claar Advisors Llc who had been investing in Nexstar Media Group Inc for a number of months, seems to be bullish on the $3.04 billion market cap company. The stock decreased 0.23% or $0.15 during the last trading session, reaching $64.4. About 635,545 shares traded. Nexstar Media Group Inc (NASDAQ:NXST) has risen 19.43% since November 14, 2016 and is uptrending. It has outperformed by 2.73% the S&P500.




Mcrae Capital Management Inc decreased its stake in Exxon Mobil Corp (XOM) by 10.39% based on its latest 2017Q2 regulatory filing with the SEC. Mcrae Capital Management Inc sold 3,757 shares as the company’s stock rose 0.21% with the market. The institutional investor held 32,410 shares of the integrated oil company at the end of 2017Q2, valued at $2.62M, down from 36,167 at the end of the previous reported quarter. Mcrae Capital Management Inc who had been investing in Exxon Mobil Corp for a number of months, seems to be less bullish one the $348.46B market cap company. The stock declined 0.22% or $0.18 reaching $82.06 per share. About 9.24 million shares traded or 14.50% up from the average. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since November 14, 2016 and is downtrending. It has underperformed by 25.78% the S&P500.

Analysts await Exxon Mobil Corporation (NYSE:XOM) to report earnings on January, 30. They expect $0.99 earnings per share, up 10.00% or $0.09 from last year’s $0.9 per share. XOM’s profit will be $4.20 billion for 20.72 P/E if the $0.99 EPS becomes a reality. After $0.93 actual earnings per share reported by Exxon Mobil Corporation for the previous quarter, Wall Street now forecasts 6.45% EPS growth.

Investors sentiment decreased to 0.85 in 2017 Q2. Its down 0.04, from 0.89 in 2017Q1. It fall, as 48 investors sold XOM shares while 822 reduced holdings. 103 funds opened positions while 639 raised stakes. 2.12 billion shares or 0.55% more from 2.10 billion shares in 2017Q1 were reported. Timber Creek Mngmt Limited Liability Corporation invested in 1.84% or 29,841 shares. New England Private Wealth Advisors Llc has invested 0.4% in Exxon Mobil Corporation (NYSE:XOM). High Pointe Cap Mgmt owns 9,150 shares. Ls Investment Advsr Ltd Limited Liability Company has invested 1.06% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Mechanics Natl Bank Department stated it has 3.03% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). 5,041 are owned by Signature Est And Inv Advsr Limited Liability. Lifeplan Fincl Group Inc, a Ohio-based fund reported 5,857 shares. Paragon Capital Management holds 0.68% in Exxon Mobil Corporation (NYSE:XOM) or 18,291 shares. Cue Fincl holds 1.43% in Exxon Mobil Corporation (NYSE:XOM) or 24,584 shares. 4,254 were reported by Hgk Asset Management. Chatham Cap Inc holds 19,843 shares or 0.44% of its portfolio. Robecosam Ag stated it has 2,040 shares. Price T Rowe Assocs Incorporated Md reported 31.35M shares. Moreover, Grisanti Cap Management Lc has 0.18% invested in Exxon Mobil Corporation (NYSE:XOM) for 5,197 shares. Ramsay Stattman Vela & Price holds 58,779 shares.

Among 25 analysts covering Exxon Mobil (NYSE:XOM), 9 have Buy rating, 6 Sell and 10 Hold. Therefore 36% are positive. Exxon Mobil had 75 analyst reports since July 22, 2015 according to SRatingsIntel. On Friday, June 23 the stock rating was maintained by Jefferies with “Hold”. As per Friday, April 7, the company rating was maintained by Jefferies. The rating was initiated by Macquarie Research with “Underperform” on Wednesday, September 23. The stock of Exxon Mobil Corporation (NYSE:XOM) earned “Underperform” rating by Raymond James on Wednesday, November 18. Scotia Capital upgraded the shares of XOM in report on Monday, June 5 to “Buy” rating. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Hold” rating given on Tuesday, August 29 by Jefferies. On Wednesday, June 7 the stock rating was initiated by Hilliard Lyons with “Long-Term Buy”. The company was maintained on Monday, May 2 by Credit Suisse. The stock of Exxon Mobil Corporation (NYSE:XOM) has “Outperform” rating given on Tuesday, December 15 by Credit Agricole. The firm has “Hold” rating given on Thursday, October 5 by Piper Jaffray.

More notable recent Exxon Mobil Corporation (NYSE:XOM) news were published by: Reuters.com which released: “Ghana opens talks with Exxon on deepwater drilling contract” on November 13, 2017, also Seekingalpha.com with their article: “Exxon Mobil: What Else Did You Expect?” published on October 27, 2017, Investorplace.com published: “Exxon Mobil Corporation Stock Goes From Good to Great When This Happens” on October 29, 2017. More interesting news about Exxon Mobil Corporation (NYSE:XOM) were released by: Dallasnews.com and their article: “New Mexico’s geological back door to Permian attracts Exxon Mobil, other oil …” published on November 14, 2017 as well as Seekingalpha.com‘s news article titled: “Exxon Mobil: Rating Update” with publication date: November 07, 2017.

Mcrae Capital Management Inc, which manages about $246.43 million US Long portfolio, upped its stake in Laboratory Corp Amer Hldgs (NYSE:LH) by 2,250 shares to 61,935 shares, valued at $9.55 million in 2017Q2, according to the filing.

Among 9 analysts covering Nexstar Broadcasting Group (NASDAQ:NXST), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Nexstar Broadcasting Group had 30 analyst reports since August 5, 2015 according to SRatingsIntel. Deutsche Bank maintained Nexstar Media Group Inc (NASDAQ:NXST) on Wednesday, November 8 with “Buy” rating. The rating was initiated by Deutsche Bank with “Buy” on Friday, October 20. The firm has “Outperform” rating given on Monday, November 14 by Barrington Research. Jefferies maintained Nexstar Media Group Inc (NASDAQ:NXST) on Thursday, July 13 with “Buy” rating. Benchmark maintained it with “Buy” rating and $89 target in Wednesday, March 1 report. Stephens initiated it with “Overweight” rating and $75 target in Wednesday, November 18 report. As per Monday, November 6, the company rating was maintained by RBC Capital Markets. The rating was maintained by Wedbush on Wednesday, March 1 with “Outperform”. Wedbush maintained the shares of NXST in report on Wednesday, November 9 with “Outperform” rating. The stock has “Buy” rating by RBC Capital Markets on Wednesday, July 5.

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