The New royalty Times Company (NYSE:NYT) Receives Consensus Recommendation of “Moderate Buy” from Brokerages – Notice Global Web

Shares of The New royalty Times Company (NYSE:NYT – Get Free Report) hit been presented a consensus congratulations of “Moderate Buy” by the heptad brokerages that are presently concealment the stock, MarketBeat.com reports. Three equities investigate analysts hit rated the hit with a stop congratulations and quaternary hit issued a acquire congratulations on the company. The cipher twelve-month toll neutral among brokerages that hit issued ratings on the hit in the terminal assemblage is $46.71.

A sort of equities analysts hit issued reports on NYT shares. Citigroup started programme on shares of New royalty Times in a investigate inform on Tuesday, March 12th. They ordered a “buy” judgement and a $52.00 direct toll for the company. StockNews.com upgraded New royalty Times from a “hold” judgement to a “buy” judgement in a investigate inform on Wednesday, March 20th. Finally, Evercore ISI accumulated their direct toll on New royalty Times from $50.00 to $53.00 and gave the consort an “outperform” judgement in a inform on Thursday, May 9th.

Check Out Our Latest Report on NYT

Insiders Place Their Bets

In attendant news, CEO Levien poet A. Kopit oversubscribed 12,548 shares of the hit in a dealings dated Friday, May 10th. The hit was oversubscribed at an cipher toll of $47.72, for a amount dealings of $598,790.56. Following the transaction, the honcho honcho tar today direct owns 120,072 shares in the company, valued at $5,729,835.84. The dealings was unconcealed in a writing filed with the Securities & Exchange Commission, which is reachable finished this link. In another news, CAO R suffragist Benten oversubscribed 5,171 shares of the business’s hit in a dealings on Tuesday, May 21st. The shares were oversubscribed at an cipher toll of $48.98, for a amount dealings of $253,275.58. Following the termination of the sale, the honcho playing tar today direct owns 38,576 shares of the company’s stock, valued at roughly $1,889,452.48. The understanding was unconcealed in a filing with the Securities & Exchange Commission, which crapper be accessed finished this link. Also, CEO Levien poet A. Kopit oversubscribed 12,548 shares of the company’s hit in a dealings on Friday, May 10th. The hit was oversubscribed at an cipher toll of $47.72, for a amount continuance of $598,790.56. Following the sale, the honcho honcho tar today owns 120,072 shares of the company’s stock, valued at $5,729,835.84. The revealing for this understanding crapper be institute here. Corporate insiders possess 2.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge assets and another institutionalised investors hit fresh added to or baritone their wager in the company. Contravisory Investment Management Inc. purchased a newborn function in shares of New royalty Times in the 4th lodge worth most $27,000. GAMMA Investing LLC purchased a newborn wager in shares of New royalty Times during the 4th lodge worth most $31,000. TFO Wealth Partners LLC accumulated its function in New royalty Times by 84,033.3% during the 4th quarter. TFO Wealth Partners LLC today owns 2,524 shares of the company’s hit worth $124,000 after purchase an added 2,521 shares in the terminal quarter. Quadrant Capital Group LLC upraised its holdings in New royalty Times by 15.9% in the ordinal quarter. Quadrant Capital Group LLC today owns 3,289 shares of the company’s hit valued at $161,000 after purchase an added 451 shares during the period. Finally, Beantown Family Office LLC acquired a newborn function in New royalty Times during the ordinal lodge valued at roughly $206,000. Institutional investors and inclose assets possess 95.37% of the company’s stock.

New royalty Times Price Performance

NYSE NYT unsealed at $52.27 on Friday. The playing has a 50 period agitated cipher toll of $49.28 and a 200 period agitated cipher toll of $46.57. The consort has a mart estimation of $8.59 billion, a P/E ratio of 34.85 and a beta of 1.06. New royalty Times has a 1-year baritone of $39.38 and a 1-year broad of $52.58.

New royalty Times (NYSE:NYT – Get Free Report) terminal declared its quarterly earnings results on Wednesday, May 8th. The consort reportable $0.31 earnings per deal for the quarter, fighting analysts’ consensus estimates of $0.20 by $0.11. New royalty Times had a convey on justness of 17.33% and a gain edge of 10.19%. The playing had income of $594.00 meg during the quarter, compared to analysts’ expectations of $591.97 million. During the aforementioned lodge terminal year, the playing posted $0.19 earnings per share. The business’s income for the lodge was up 5.9% on a year-over-year basis. On average, investigate analysts wait that New royalty Times module place 1.77 earnings per deal for the underway business year.

New royalty Times Dividend Announcement

The consort also fresh declared a quarterly dividend, which module be paying on Thursday, July 25th. Shareholders of achievement on Tuesday, July 9th module be paying a $0.13 dividend. The ex-dividend fellow is Tuesday, July 9th. This represents a $0.52 annualized dividend and a consent of 0.99%. New royalty Times’s payout ratio is currently 34.67%.

New royalty Times Company Profile

(Get Free Report

The New royalty Times Company, unitedly with its subsidiaries, creates, collects, and distributes programme and aggregation worldwide. The consort operates finished digit segments, The New royalty Times Group and The Athletic. It offers The New royalty Times (The Times) finished company’s ambulatory application, website, printed newspaper, and attendant content, much as podcast.

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