Securian Asset Control Inc. trimmed its holdings in stocks of TEGNA Inc. (NYSE:TGNA – Loose File) through 14.9% within the 3rd quarter, in keeping with its most up-to-date disclosure with the Securities and Change Fee. The fund owned 17,068 stocks of the corporate’s inventory after promoting 2,978 stocks all over the quarter. Securian Asset Control Inc.’s holdings in TEGNA have been value $249,000 on the finish of the latest quarter.

A variety of different institutional traders and hedge finances additionally just lately changed their holdings of the trade. Belpointe Asset Control LLC larger its place in TEGNA through 189.5% within the first quarter. Belpointe Asset Control LLC now owns 1,459 stocks of the corporate’s inventory value $25,000 after purchasing an extra 955 stocks all over the closing quarter. Mascoma Wealth Control LLC bought a brand new stake in TEGNA within the 3rd quarter value $33,000. Headlands Applied sciences LLC bought a brand new stake in TEGNA in the second one quarter value $40,000. 5th 3rd Bancorp larger its place in TEGNA through 103.3% in the second one quarter. 5th 3rd Bancorp now owns 2,690 stocks of the corporate’s inventory value $44,000 after purchasing an extra 1,367 stocks all over the closing quarter. In any case, Massmutual Believe Co. FSB ADV larger its place in TEGNA through 24.1% in the second one quarter. Massmutual Believe Co. FSB ADV now owns 3,308 stocks of the corporate’s inventory value $54,000 after purchasing an extra 642 stocks all over the closing quarter. 89.99% of the inventory is owned through hedge finances and different institutional traders.

Insider Job at TEGNA

In similar information, CEO David T. Lougee bought 100,000 stocks of TEGNA inventory in a transaction on Thursday, November thirtieth. The inventory used to be bought at a mean fee of $15.38, for a complete transaction of $1,538,000.00. Following the of entirety of the sale, the manager government officer now owns 786,262 stocks of the corporate’s inventory, valued at $12,092,709.56. The transaction used to be disclosed in a submitting with the Securities & Change Fee, which is to be had thru this hyperlink. 1.10% of the inventory is owned through company insiders.

TEGNA Worth Efficiency

NYSE:TGNA opened at $15.51 on Friday. The company has a marketplace capitalization of $3.06 billion, a price-to-earnings ratio of five.48 and a beta of 0.55. TEGNA Inc. has a 52-week low of $13.65 and a 52-week top of $22.29. The inventory has a fifty day shifting reasonable of $15.46 and a 200 day shifting reasonable of $15.58. The corporate has a debt-to-equity ratio of one.04, a handy guide a rough ratio of three.47 and a present ratio of three.47.

TEGNA (NYSE:TGNA – Get Loose File) closing posted its quarterly revenue knowledge on Tuesday, November seventh. The corporate reported $0.39 revenue in step with percentage (EPS) for the quarter, beating the consensus estimate of $0.34 through $0.05. The corporate had earnings of $713.24 million all over the quarter, in comparison to analyst estimates of $715.00 million. TEGNA had a go back on fairness of 16.65% and a web margin of nineteen.96%. On reasonable, analysis analysts be expecting that TEGNA Inc. will publish 1.79 EPS for the present fiscal 12 months.

TEGNA Will increase Dividend

The company additionally just lately disclosed a quarterly dividend, which used to be paid on Tuesday, January second. Buyers of report on Friday, December eighth have been paid a dividend of $0.114 in step with percentage. It is a sure alternate from TEGNA’s earlier quarterly dividend of $0.11. The ex-dividend date used to be Thursday, December seventh. This represents a $0.46 annualized dividend and a yield of two.94%. TEGNA’s dividend payout ratio (DPR) is these days 16.25%.

Analysts Set New Worth Objectives

TGNA has been the topic of a lot of contemporary analysis studies. JPMorgan Chase & Co. reissued a “impartial” score and issued a $17.00 goal fee on stocks of TEGNA in a analysis document on Wednesday, December sixth. Wells Fargo & Corporate minimize their fee goal on TEGNA from $19.00 to $17.00 and set an “equivalent weight” score for the corporate in a document on Wednesday, November eighth. Benchmark reaffirmed a “purchase” score and issued a $22.00 fee goal on stocks of TEGNA in a document on Monday, October thirtieth. In any case, StockNews.com began protection on TEGNA in a document on Thursday, October fifth. They issued a “cling” score for the corporate. 3 equities analysis analysts have rated the inventory with a cling score and two have issued a purchase score to the corporate’s inventory. In line with knowledge from MarketBeat.com, TEGNA these days has a mean score of “Grasp” and a mean fee goal of $19.50.

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TEGNA Corporate Profile

(Loose File)

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

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