BlackRock Capital Investment (BKCC) Forms $5.95 Double Bottom; New Media Investment Group Has 1.16 Sentiment

New Media Investment Group Inc (NEWM) investors sentiment decreased to 1.16 in Q4 2017. It’s down -0.42, from 1.58 in 2017Q3. The ratio fall, as 74 investment managers increased or started new holdings, while 64 decreased and sold positions in New Media Investment Group Inc. The investment managers in our database now hold: 40.61 million shares, down from 40.63 million shares in 2017Q3. Also, the number of investment managers holding New Media Investment Group Inc in top ten holdings increased from 0 to 1 for an increase of 1. Sold All: 15 Reduced: 49 Increased: 47 New Position: 27.

BlackRock Capital Investment Corporation (BKCC) formed double bottom with $5.47 target or 8.00% below today’s $5.95 share price. BlackRock Capital Investment Corporation (BKCC) has $430.09M valuation. The stock decreased 0.34% or $0.02 during the last trading session, reaching $5.95. About 546,323 shares traded or 28.87% up from the average. BlackRock Capital Investment Corporation (NASDAQ:BKCC) has declined 16.76% since May 8, 2017 and is downtrending. It has underperformed by 28.31% the S&P500.

Among 7 analysts covering BlackRock Kelso Capital (NASDAQ:BKCC), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. BlackRock Kelso Capital has $11 highest and $6.5 lowest target. $8.50’s average target is 42.86% above currents $5.95 stock price. BlackRock Kelso Capital had 12 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was downgraded by DA Davidson on Thursday, April 28 to “Neutral”. DA Davidson initiated the shares of BKCC in report on Wednesday, September 30 with “Buy” rating. J.P. Morgan upgraded the shares of BKCC in report on Tuesday, February 6 to “Buy” rating. The firm earned “Neutral” rating on Tuesday, June 14 by Citigroup. The stock of BlackRock Capital Investment Corporation (NASDAQ:BKCC) has “Overweight” rating given on Tuesday, February 6 by JP Morgan. The stock of BlackRock Capital Investment Corporation (NASDAQ:BKCC) has “Neutral” rating given on Wednesday, November 1 by JP Morgan. Keefe Bruyette & Woods downgraded the shares of BKCC in report on Friday, February 19 to “Market Perform” rating. The company was maintained on Thursday, October 5 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained BlackRock Capital Investment Corporation (NASDAQ:BKCC) rating on Thursday, November 9. Keefe Bruyette & Woods has “Hold” rating and $7.0 target. The stock of BlackRock Capital Investment Corporation (NASDAQ:BKCC) earned “Buy” rating by Cantor Fitzgerald on Wednesday, August 19.

The stock increased 2.76% or $0.46 during the last trading session, reaching $17.15. About 583,902 shares traded or 32.37% up from the average. New Media Investment Group Inc. (NEWM) has risen 22.07% since May 8, 2017 and is uptrending. It has outperformed by 10.52% the S&P500.

More notable recent New Media Investment Group Inc. (NYSE:NEWM) news were published by: Seekingalpha.com which released: “New Media Investment’s (NEWM) CEO Mike Reed on Q1 2018 Results – Earnings Call Transcript” on May 03, 2018, also Streetinsider.com with their article: “New Media Investment Group (NEWM) Declares $0.37 Quarterly Dividend; 8.9% Yield” published on May 03, 2018, Investorplace.com published: “10 ‘Toxic’ Stocks Investors Will Dump Next” on May 04, 2018. More interesting news about New Media Investment Group Inc. (NYSE:NEWM) were released by: Seekingalpha.com and their article: “New Media to buy Akron paper, sell Alaska holdings” published on April 11, 2018 as well as Streetinsider.com‘s news article titled: “New Media (NEWM) to Acquire the Akron Beacon Journal for $16.0 Million; Announces Agreement to Sell Substantially …” with publication date: April 11, 2018.

New Media Investment Group Inc. invests in, owns, and operates local media assets in the United States. The company has market cap of $1.03 billion. The companyÂ’s principal products include 125 daily newspapers with total paid circulation of approximately 1.4 million; 314 weekly newspapers with total paid circulation of approximately 315,000 and total free circulation of approximately 1.9 million; 124 shoppers with total circulation of approximately 3.0 million; and 538 locally-focused Websites, including Internet and mobile devices with approximately 224 million page views per month. It currently has negative earnings. The Company’s principal products also comprise 2 yellow page directories with a total distribution of approximately 230,000 that cover a population of approximately 411,000 people; 68 business publications; and Propel digital marketing and business services.

Since January 1, 0001, it had 1 insider purchase, and 0 selling transactions for $411,250 activity.

New Media Investment Group Inc. (NYSE:NEWM) Institutional Positions Chart