New York: New York Times (NYSE:NYT) Stock Has Just Had Its “Hold” Rating Reiterated by Jefferies. Shares now Have a $18.0 Target

September 17, 2017 - By test

 New York: New York Times (NYSE:NYT) Stock Has Just Had Its

Investors sentiment increased to 1.07 in 2016 Q4. Its up 0.09, from 0.98 in 2016Q3. It increased, as 25 investors sold New York Times Co shares while 49 reduced holdings. 19 funds opened positions while 60 raised stakes. 102.10 million shares or 1.14% more from 100.95 million shares in 2016Q3 were reported.

Commonwealth Of Pennsylvania School Empls Retrmt invested 0% of its portfolio in New York Times Co (NYSE:NYT). Swiss National Bank & Trust reported 206,800 shares. Valueworks Lc holds 326,610 shares. Blackrock Ltd Llc accumulated 66,967 shares. 170,353 are held by Amg Funds Ltd Liability Corp. Atika Capital Mgmt reported 65,500 shares. New York-based Mutual Of America Capital Management Limited Liability Corporation has invested 0.02% in New York Times Co (NYSE:NYT). The New York-based Millennium Mgmt Limited has invested 0.01% in New York Times Co (NYSE:NYT). Teacher Retirement System Of Texas holds 0% of its portfolio in New York Times Co (NYSE:NYT) for 10,159 shares. Alexandria Capital Ltd reported 0.01% in New York Times Co (NYSE:NYT). Creative Planning holds 0% or 1,305 shares in its portfolio. Baker Ellis Asset Mngmt Limited Liability Company has invested 0.06% in New York Times Co (NYSE:NYT). Moreover, Deutsche Bankshares Ag has 0% invested in New York Times Co (NYSE:NYT) for 240,649 shares. Texas Permanent School Fund has invested 0.02% in New York Times Co (NYSE:NYT). Envestnet Asset Mgmt has invested 0% in New York Times Co (NYSE:NYT).

Since June 2, 2017, it had 0 insider purchases, and 1 insider sale for $232,148 activity.

New York Times (NYSE:NYT) Rating Reaffirmed

Stock analysts at Jefferies now has a $18.0 TP on New York Times (NYSE:NYT). Jefferies and their recent TP gives a potential downside of -6.25 % from the company’s previous stock close. The rating has been disclosed to clients in an analyst report on Monday morning.

Investors sentiment increased to 1.07 in 2016 Q4. Its up 0.09, from 0.98 in 2016Q3. It increased, as 25 investors sold New York Times Co shares while 49 reduced holdings. 19 funds opened positions while 60 raised stakes. 102.10 million shares or 1.14% more from 100.95 million shares in 2016Q3 were reported.

Commonwealth Of Pennsylvania School Empls Retrmt invested 0% of its portfolio in New York Times Co (NYSE:NYT). Swiss National Bank & Trust reported 206,800 shares. Valueworks Lc holds 326,610 shares. Blackrock Ltd Llc accumulated 66,967 shares. 170,353 are held by Amg Funds Ltd Liability Corp. Atika Capital Mgmt reported 65,500 shares. New York-based Mutual Of America Capital Management Limited Liability Corporation has invested 0.02% in New York Times Co (NYSE:NYT). The New York-based Millennium Mgmt Limited has invested 0.01% in New York Times Co (NYSE:NYT). Teacher Retirement System Of Texas holds 0% of its portfolio in New York Times Co (NYSE:NYT) for 10,159 shares. Alexandria Capital Ltd reported 0.01% in New York Times Co (NYSE:NYT). Creative Planning holds 0% or 1,305 shares in its portfolio. Baker Ellis Asset Mngmt Limited Liability Company has invested 0.06% in New York Times Co (NYSE:NYT). Moreover, Deutsche Bankshares Ag has 0% invested in New York Times Co (NYSE:NYT) for 240,649 shares. Texas Permanent School Fund has invested 0.02% in New York Times Co (NYSE:NYT). Envestnet Asset Mgmt has invested 0% in New York Times Co (NYSE:NYT).

Since June 2, 2017, it had 0 insider purchases, and 1 insider sale for $232,148 activity.

New York Times Co (NYSE:NYT) Ratings Coverage

Among 4 analysts covering New York Times (NYSE:NYT), 1 have Buy rating, 1 Sell and 2 Hold. Therefore 25% are positive. New York Times has $1800 highest and $7.80 lowest target. $13.60’s average target is -29.17% below currents $19.2 stock price. New York Times had 11 analyst reports since August 6, 2015 according to SRatingsIntel. Singular Research initiated New York Times Co (NYSE:NYT) rating on Thursday, February 9. Singular Research has “Sell” rating and $7.80 target. The firm has “Hold” rating by Jefferies given on Monday, June 5. TheStreet upgraded the shares of NYT in report on Tuesday, August 18 to “Buy” rating. The rating was maintained by Jefferies with “Hold” on Monday, September 11. The firm earned “Hold” rating on Thursday, July 27 by Jefferies. The rating was maintained by FBR Capital with “Hold” on Thursday, August 6. The stock has “Equal-Weight” rating by Barclays Capital on Wednesday, July 19. Jefferies maintained New York Times Co (NYSE:NYT) on Monday, July 10 with “Hold” rating.

The stock increased 0.26% or $0.05 on September 15, reaching $19.2. About 1.52M shares traded or 44.76% up from the average. New York Times Co (NYSE:NYT) has risen 46.29% since September 17, 2016 and is uptrending. It has outperformed by 29.59% the S&P500.

Wall Street await New York Times Co (NYSE:NYT) to release earnings on November, 1. Analysts forecast earnings per share of $0.09, up exactly $0.03 or 50.00 % from 2014’s $0.06 EPS. The expected NYT’s profit could reach $14.58M giving the stock 53.33 P/E in the case that $0.09 earnings per share is reported. After posting $0.18 EPS for the previous quarter, New York Times Co’s analysts now forecast -50.00 % negative EPS growth.

The New York Times Company is a media firm focused on creating, collecting and distributing news and information. The company has market cap of $3.11 billion. The Company’s principal business consists of distributing content generated by its newsroom through its print, Web and mobile platforms. It has a 46.44 P/E ratio. In addition, it distributes selected content on third-party platforms.

More notable recent New York Times Co (NYSE:NYT) news were published by: Nytimes.com which released: “Nikon Picked 32 Photographers to Promote a Camera. All 32 Were Men.” on September 14, 2017, also Nytimes.com with their article: “In the ’90s, We Had ‘Friends.’ Now They Call It Co-Living.” published on August 23, 2017, Nytimes.com published: “Walter Becker, Guitarist, Songwriter and Co-Founder of Steely Dan, Dies at 67” on September 03, 2017. More interesting news about New York Times Co (NYSE:NYT) were released by: Nytimes.com and their article: “Can a Vending Machine Replace a Bodega? A Start-Up’s Plans Draw Fire” published on September 14, 2017 as well as Nytimes.com‘s news article titled: “Review: All Is Not Well in ‘Company Town'” with publication date: September 07, 2017.

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