After Today’s Big Increase, Is The New York Times Company (NYT)’s Near-Term Analysis Positive?

The New York Times Company (NYSE:NYT) Logo

Investors sentiment increased to 1.19 in 2018 Q4. Its up 0.04, from 1.15 in 2018Q3. It increased, as 20 investors sold The New York Times Company shares while 61 reduced holdings. 34 funds opened positions while 62 raised stakes. 141.57 million shares or 0.28% more from 141.17 million shares in 2018Q3 were reported.
Brown Advisory Ltd Co has 36,000 shares. Proshare Advsr Lc has 0% invested in The New York Times Company (NYSE:NYT) for 23,816 shares. New Mexico-based New Mexico Educational Retirement Board has invested 0.03% in The New York Times Company (NYSE:NYT). Amundi Pioneer Asset Management Inc stated it has 39,308 shares. Blume Management Inc reported 2,000 shares stake. Tru Of Vermont has 1,000 shares for 0% of their portfolio. Jpmorgan Chase And holds 713,490 shares or 0% of its portfolio. Neuberger Berman Gru Ltd Liability Com holds 10,624 shares. Bank & Trust Of America De, North Carolina-based fund reported 374,223 shares. Cipher Cap Lp has invested 0.13% in The New York Times Company (NYSE:NYT). Partner Fund Management L P has 0.48% invested in The New York Times Company (NYSE:NYT). The Connecticut-based Ellington Management Llc has invested 0.13% in The New York Times Company (NYSE:NYT). Weybosset Rech & Ltd Llc has invested 3.08% of its portfolio in The New York Times Company (NYSE:NYT). Us Retail Bank De invested in 0% or 1,582 shares. Guggenheim Capital Limited Liability Corp invested 0.01% of its portfolio in The New York Times Company (NYSE:NYT).

Since November 15, 2018, it had 0 insider purchases, and 4 sales for $2.32 million activity. $360,535 worth of stock was sold by Caputo Roland A. on Monday, February 11. 40,000 shares were sold by Thompson Mark, worth $1.04M on Thursday, November 15.

The stock of The New York Times Company (NYSE:NYT) is a huge mover today! The stock increased 3.47% or $1.14 during the last trading session, reaching $33.99. About 3.68 million shares traded or 97.31% up from the average. The New York Times Company (NYSE:NYT) has risen 38.75% since May 8, 2018 and is uptrending. It has outperformed by 34.38% the S&P500.
The move comes after 6 months positive chart setup for the $5.64B company. It was reported on May, 8 by Barchart.com. We have $35.35 PT which if reached, will make NYSE:NYT worth $225.60M more.

The New York Times Company (NYSE:NYT) Ratings Coverage

Among 2 analysts covering New York Times (NYSE:NYT), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. New York Times had 6 analyst reports since December 14, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Monday, March 18 by Cannonball Research.

More notable recent The New York Times Company (NYSE:NYT) news were published by: Finance.Yahoo.com which released: “Is CarGurus, Inc. (CARG) A Good Stock To Buy? – Yahoo Finance” on April 26, 2019, also Seekingalpha.com with their article: “New York Times declares $0.05 dividend – Seeking Alpha” published on February 06, 2019, Benzinga.com published: “Earnings Scheduled For May 8, 2019 – Benzinga” on May 08, 2019. More interesting news about The New York Times Company (NYSE:NYT) were released by: Finance.Yahoo.com and their article: “Did Hedge Funds Drop The Ball On The New York Times Company (NYT) ? – Yahoo Finance” published on April 26, 2019 as well as Forbes.com‘s news article titled: “Can Accelerated Subscriber Growth Justify A $30 Fair Value For New York Times’ Stock? – Forbes” with publication date: December 21, 2018.

The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide. The company has market cap of $5.64 billion. The firm provides The New York Times , a daily and Sunday newspapers in the United States, as well as international edition of The Times; and operates the NYTimes.com Website. It has a 45.32 P/E ratio. It also transmits articles, graphics, and photographs from The Times and other publications to approximately 2000 newspapers, magazines, and Websites; and offers product licensing, book development, news digests, and rights and permissions, as well as is involved in online retail store business.

The New York Times Company (NYSE:NYT) Institutional Positions Chart

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