Could The New York Times Company (NYT) Change Direction After Today’s Big Increase?

The New York Times Company (NYSE:NYT) Logo

Investors sentiment increased to 1.19 in Q4 2018. Its up 0.04, from 1.15 in 2018Q3. It improved, 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.
Tiaa Cref Invest Mgmt Lc owns 0.01% invested in The New York Times Company (NYSE:NYT) for 363,990 shares. Shannon River Fund Management Ltd Llc, a New York-based fund reported 1.76M shares. Sei holds 0.11% or 1.32 million shares in its portfolio. Riverhead Management Limited Liability owns 9,600 shares or 0.01% of their US portfolio. The New York-based Brown Brothers Harriman And has invested 0% in The New York Times Company (NYSE:NYT). Cipher L P holds 0.13% or 40,657 shares in its portfolio. Amalgamated Commercial Bank holds 0.01% or 20,307 shares in its portfolio. Northern Tru owns 2.53M shares or 0.02% of their US portfolio. Stevens Capital Mngmt Ltd Partnership reported 134,048 shares or 0.15% of all its holdings. 136,055 were accumulated by Tudor Investment Corp Et Al. Majedie Asset Mgmt Ltd stated it has 0.24% in The New York Times Company (NYSE:NYT). Proshare accumulated 23,816 shares. Manufacturers Life Ins Communication The accumulated 323,108 shares. Brown Advisory Llc has invested 0.15% in The New York Times Company (NYSE:NYT). Parametric Port Associate Ltd Liability Corp holds 0.01% in The New York Times Company (NYSE:NYT) or 323,801 shares.

Since November 15, 2018, it had 0 insider purchases, and 4 sales for $2.32 million activity. The insider Thompson Mark sold $1.04 million. 11,580 The New York Times Company (NYSE:NYT) shares with value of $360,535 were sold by Caputo Roland A..

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 3.68M 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 stock of The New York Times Company (NYSE:NYT) earned “Buy” rating by Cannonball Research on Monday, March 18.

More notable recent The New York Times Company (NYSE:NYT) news were published by: Fool.com which released: “This REIT Is Playing by Its Own Rules — and Winning – Motley Fool” on May 03, 2019, also Seekingalpha.com with their article: “New York Times +1.7% as subs drive another beat – Seeking Alpha” published on May 08, 2019, Fool.com published: “Earnings: 3 Hot Stocks to Watch This Week – The Motley Fool” on May 06, 2019. More interesting news about The New York Times Company (NYSE:NYT) were released by: Benzinga.com and their article: “How The New York Times Has Performed During The Trump Presidency (NYSE:NYT) – Benzinga” published on February 06, 2019 as well as Nytimes.com‘s news article titled: “Wall Street Slides as U.S.-China Trade Fears Rise – The New York Times” with publication date: May 07, 2019.

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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