June 3, 2018 – By Henry Gaston

Comerica Bank increased its stake in Nexstar Broadcasting Group Inc (NXST) by 58.15% based on its latest 2018Q1 regulatory filing with the SEC. Comerica Bank bought 34,881 shares as the company’s stock declined 9.15% with the market. The institutional investor held 94,861 shares of the consumer services company at the end of 2018Q1, valued at $6.36M, up from 59,980 at the end of the previous reported quarter. Comerica Bank who had been investing in Nexstar Broadcasting Group Inc for a number of months, seems to be bullish on the $3.06B market cap company. The stock increased 0.83% or $0.55 during the last trading session, reaching $66.85. About 465,380 shares traded. Nexstar Media Group, Inc. (NASDAQ:NXST) has risen 16.52% since June 3, 2017 and is uptrending. It has outperformed by 3.95% the S&P500.

Investor Ab decreased its stake in Chinacache Intl Hldg Ltd (CCIH) by 55.41% based on its latest 2018Q1 regulatory filing with the SEC. Investor Ab sold 1.47M shares as the company’s stock declined 10.65% with the market. The institutional investor held 1.18M shares of the edp services company at the end of 2018Q1, valued at $1.26M, down from 2.65M at the end of the previous reported quarter. Investor Ab who had been investing in Chinacache Intl Hldg Ltd for a number of months, seems to be less bullish one the $35.97 million market cap company. The stock decreased 0.74% or $0.01 during the last trading session, reaching $1.35. About 104,966 shares traded. ChinaCache International Holdings Ltd. (NASDAQ:CCIH) has risen 31.75% since June 3, 2017 and is uptrending. It has outperformed by 19.18% the S&P500.

Another recent and important ChinaCache International Holdings Ltd. (NASDAQ:CCIH) news was published by Globenewswire.com which published an article titled: “The Rosen Law Firm, PA Announces Proposed Class Action Settlement on Behalf of Purchasers of American …” on May 18, 2018.

Investors sentiment decreased to 0.93 in 2018 Q1. Its down 0.15, from 1.08 in 2017Q4. It turned negative, as 30 investors sold NXST shares while 78 reduced holdings. 38 funds opened positions while 62 raised stakes. 49.63 million shares or 0.38% more from 49.44 million shares in 2017Q4 were reported. Morgan Stanley holds 111,594 shares or 0% of its portfolio. Strs Ohio stated it has 0.02% in Nexstar Media Group, Inc. (NASDAQ:NXST). Envestnet Asset Management reported 5,514 shares stake. Gratia Ltd Com holds 306,751 shares. Utd Services Automobile Association holds 65,282 shares. Walleye Trading Limited Liability Corp reported 6,870 shares or 0% of all its holdings. Cardinal Mngmt Limited Liability Com Ct holds 3.34% or 1.35M shares. Nordea Invest Ab reported 41,333 shares or 0.01% of all its holdings. Moreover, Point72 Asia (Hong Kong) Ltd has 0% invested in Nexstar Media Group, Inc. (NASDAQ:NXST). Moreover, Hodges Cap Mngmt has 0.08% invested in Nexstar Media Group, Inc. (NASDAQ:NXST). Lapides Asset Mgmt Limited Liability Company accumulated 11,300 shares. Tiger Legatus Cap Mngmt Limited Co holds 226,600 shares or 5.36% of its portfolio. The California-based Wells Fargo Mn has invested 0.01% in Nexstar Media Group, Inc. (NASDAQ:NXST). Credit Suisse Ag invested in 50,552 shares. Oppenheimer Asset Management owns 0.01% invested in Nexstar Media Group, Inc. (NASDAQ:NXST) for 7,217 shares.

Comerica Bank, which manages about $14.00B US Long portfolio, decreased its stake in Svb Finl Group (NASDAQ:SIVB) by 27,279 shares to 15,775 shares, valued at $3.93 million in 2018Q1, according to the filing. It also reduced its holding in Gallagher Arthur J & Co (NYSE:AJG) by 23,282 shares in the quarter, leaving it with 496,173 shares, and cut its stake in Ishares S&P 100 Index Fund (OEF).

Nexstar Media Group, Inc. (NASDAQ:NXST) Institutional Positions Chart

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