Syntal Capital Partners LLC acquired a new stake in shares of New York Times Company (The) (NYSE:NYT) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 41,457 shares of the company’s stock, valued at approximately $812,000. New York Times Company (The) makes up about 0.6% of Syntal Capital Partners LLC’s investment portfolio, making the stock its 24th largest holding.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Great West Life Assurance Co. Can lifted its holdings in New York Times Company (The) by 15.3% during the second quarter. Great West Life Assurance Co. Can now owns 79,483 shares of the company’s stock valued at $1,402,000 after purchasing an additional 10,560 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in New York Times Company (The) by 9.1% during the first quarter. Schwab Charles Investment Management Inc. now owns 755,695 shares of the company’s stock valued at $10,883,000 after purchasing an additional 63,254 shares in the last quarter. Metropolitan Life Insurance Co. NY lifted its holdings in New York Times Company (The) by 0.5% during the first quarter. Metropolitan Life Insurance Co. NY now owns 194,946 shares of the company’s stock valued at $2,807,000 after purchasing an additional 915 shares in the last quarter. Point72 Asset Management L.P. purchased a new position in New York Times Company (The) during the first quarter valued at $5,111,000. Finally, Vanguard Group Inc. lifted its holdings in New York Times Company (The) by 3.2% during the first quarter. Vanguard Group Inc. now owns 10,370,143 shares of the company’s stock valued at $149,329,000 after purchasing an additional 322,187 shares in the last quarter. 64.37% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts have issued reports on NYT shares. Zacks Investment Research raised shares of New York Times Company (The) from a “hold” rating to a “buy” rating and set a $20.00 price objective on the stock in a report on Friday. Barclays PLC increased their price objective on shares of New York Times Company (The) from $15.00 to $16.00 and gave the company an “equal weight” rating in a report on Wednesday, July 19th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $18.00 price objective on shares of New York Times Company (The) in a report on Monday, October 16th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. New York Times Company (The) currently has a consensus rating of “Hold” and an average target price of $15.45.

In related news, CFO James M. Follo sold 138,161 shares of the business’s stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $18.97, for a total value of $2,620,914.17. Following the sale, the chief financial officer now directly owns 136,523 shares in the company, valued at approximately $2,589,841.31. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 5.70% of the stock is owned by insiders.

New York Times Company (The) (NYSE:NYT) last released its quarterly earnings data on Wednesday, November 1st. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.08 by $0.05. New York Times Company (The) had a net margin of 6.02% and a return on equity of 13.46%. The business had revenue of $385.60 million for the quarter, compared to analyst estimates of $390.13 million. During the same period in the previous year, the firm earned $0.06 EPS. The business’s revenue for the quarter was up 6.1% compared to the same quarter last year.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 19th. Investors of record on Wednesday, October 4th were given a $0.04 dividend. The ex-dividend date was Tuesday, October 3rd. This represents a $0.16 annualized dividend and a dividend yield of 0.90%. New York Times Company (The)’s dividend payout ratio is presently 26.67%.

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New York Times Company (The) Profile

The New York Times Company is a media company focused on creating, collecting and distributing news and information. The Company’s principal business consists of distributing content generated by its newsroom through its print, Web and mobile platforms. In addition, it distributes selected content on third-party platforms.

Institutional Ownership by Quarter for New York Times Company (The) (NYSE:NYT)

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