Robeco Institutional Asset Control B.V. bought a brand new place in stocks of TEGNA Inc. (NYSE:TGNA – Loose Record) within the 3rd quarter, HoldingsChannel.com stories. The fund bought 88,000 stocks of the corporate’s inventory, valued at roughly $1,282,000.

Numerous different institutional buyers and hedge price range have additionally made adjustments to their positions in TGNA. US Bancorp DE grew its stake in stocks of TEGNA through 81.5% all over the first quarter. US Bancorp DE now owns 5,749 stocks of the corporate’s inventory price $129,000 after buying an extra 2,581 stocks all over the length. Financial institution of Montreal Can grew its stake in stocks of TEGNA through 16.8% all over the first quarter. Financial institution of Montreal Can now owns 40,458 stocks of the corporate’s inventory price $912,000 after buying an extra 5,830 stocks all over the length. Commonwealth of Pennsylvania Public College Empls Retrmt SYS grew its stake in stocks of TEGNA through 10.5% all over the first quarter. Commonwealth of Pennsylvania Public College Empls Retrmt SYS now owns 81,097 stocks of the corporate’s inventory price $1,817,000 after buying an extra 7,732 stocks all over the length. Nice West Existence Assurance Co. Can grew its stake in stocks of TEGNA through 11.1% all over the first quarter. Nice West Existence Assurance Co. Can now owns 132,537 stocks of the corporate’s inventory price $3,057,000 after buying an extra 13,275 stocks all over the length. In any case, Yousif Capital Control LLC grew its stake in stocks of TEGNA through 5.7% all over the first quarter. Yousif Capital Control LLC now owns 122,229 stocks of the corporate’s inventory price $2,738,000 after buying an extra 6,586 stocks all over the length. 89.99% of the inventory is owned through institutional buyers and hedge price range.

Insider Transactions at TEGNA

In different information, CEO David T. Lougee bought 100,000 stocks of the inventory in a transaction dated Thursday, November thirtieth. The stocks had been bought at a mean worth of $15.38, for a complete transaction of $1,538,000.00. Following the transaction, the executive govt officer now immediately owns 786,262 stocks within the corporate, valued at roughly $12,092,709.56. The sale used to be disclosed in a criminal submitting with the SEC, which is to be had at this link. Insiders personal 1.10% of the corporate’s inventory.

TEGNA Value Efficiency

TEGNA inventory opened at $15.59 on Wednesday. TEGNA Inc. has a 12-month low of $13.65 and a 12-month top of $22.29. The inventory has a marketplace capitalization of $3.07 billion, a P/E ratio of five.51 and a beta of 0.55. The company’s 50-day transferring reasonable is $15.42 and its two-hundred day transferring reasonable is $15.61. The corporate has a debt-to-equity ratio of one.04, a present ratio of three.47 and a snappy ratio of three.47.

TEGNA (NYSE:TGNA – Get Loose Record) remaining launched its quarterly profits effects on Tuesday, November seventh. The corporate reported $0.39 profits in step with percentage (EPS) for the quarter, topping the consensus estimate of $0.34 through $0.05. TEGNA had a web margin of nineteen.96% and a go back on fairness of 16.65%. The corporate had earnings of $713.24 million for the quarter, in comparison to analysts’ expectancies of $715.00 million. Equities analysts expect that TEGNA Inc. will put up 1.79 profits in step with percentage for the present 12 months.

TEGNA Will increase Dividend

The industry additionally just lately disclosed a quarterly dividend, which used to be paid on Tuesday, January second. Stockholders of file on Friday, December eighth had been issued a dividend of $0.114 in step with percentage. This can be a certain alternate from TEGNA’s earlier quarterly dividend of $0.11. This represents a $0.46 annualized dividend and a dividend yield of two.92%. The ex-dividend date used to be Thursday, December seventh. TEGNA’s dividend payout ratio is at this time 16.25%.

Analysts Set New Value Goals

Numerous equities analysts have just lately weighed in on TGNA stocks. Benchmark reaffirmed a “purchase” score and set a $22.00 worth goal on stocks of TEGNA in a analysis notice on Monday, October thirtieth. JPMorgan Chase & Co. reissued a “impartial” score and issued a $17.00 worth purpose on stocks of TEGNA in a analysis notice on Wednesday, December sixth. StockNews.com assumed protection on stocks of TEGNA in a analysis notice on Thursday, October fifth. They issued a “dangle” score at the inventory. In any case, Wells Fargo & Corporate decreased their worth purpose on stocks of TEGNA from $19.00 to $17.00 and set an “equivalent weight” score at the inventory in a analysis notice on Wednesday, November eighth. 3 funding analysts have rated the inventory with a dangle score and two have assigned a purchase score to the corporate’s inventory. Consistent with MarketBeat, the inventory at this time has a mean score of “Grasp” and a consensus worth goal of $19.50.

View Our Newest Inventory Research on TGNA

TEGNA Corporate Profile

(Loose Record)

TEGNA Inc, a media corporate, supplies broadcast promoting and advertising and marketing services for companies. The corporate operates 47 tv stations in 39 markets of america that produce native programming, similar to information, sports activities, and leisure. It gives native and nationwide non-political promoting; political promoting; manufacturing of programming from 3rd events; manufacturing of promoting fabrics; and virtual advertising and marketing services and products, in addition to promoting services and products at the stations’ Web pages, drugs, and cell merchandise.

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Need to see what different hedge price range are keeping TGNA? Discuss with HoldingsChannel.com to get the most recent 13F filings and insider trades for TEGNA Inc. (NYSE:TGNA – Loose Record).

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