Falcon Point Capital Decreased Us Concrete (USCR) Position; 7 Analysts Are Bullish TEGNA Inc. (TGNA) Last Week

January 14, 2018 - By Henry Gaston

Among 14 analysts covering Tegna Inc (NYSE:TGNA), 7 have Buy rating, 1 Sell and 6 Hold. Therefore 50% are positive. Tegna Inc had 42 analyst reports since August 4, 2015 according to SRatingsIntel. Barclays Capital maintained TEGNA Inc. (NYSE:TGNA) rating on Friday, August 14. Barclays Capital has “Equal-Weight” rating and $28 target. The rating was maintained by Noble Financial with “Buy” on Wednesday, July 12. As per Thursday, August 3, the company rating was maintained by Noble Financial. As per Tuesday, August 4, the company rating was downgraded by Jefferies. FBR Capital maintained it with “Outperform” rating and $28 target in Thursday, December 8 report. Wells Fargo downgraded the shares of TGNA in report on Tuesday, August 18 to “Market Perform” rating. RBC Capital Markets maintained the stock with “Hold” rating in Wednesday, November 8 report. The firm has “Hold” rating given on Wednesday, August 2 by Jefferies. Benchmark initiated TEGNA Inc. (NYSE:TGNA) rating on Friday, August 19. Benchmark has “Buy” rating and $26 target. The stock of TEGNA Inc. (NYSE:TGNA) has “Buy” rating given on Wednesday, September 20 by Noble Financial. See TEGNA Inc. (NYSE:TGNA) latest ratings:

04/01/2018 Broker: Wells Fargo Rating: Buy New Target: $19.0 Upgrade
19/12/2017 Broker: Noble Financial Rating: Buy Maintain
14/11/2017 Broker: Noble Financial Rating: Buy Maintain
08/11/2017 Broker: RBC Capital Markets Rating: Hold New Target: $14.0 Maintain
08/11/2017 Broker: FBR Capital Rating: Hold
18/10/2017 Broker: Guggenheim Rating: Buy New Target: $17 Initiates Coverage On
16/10/2017 Broker: Jefferies Rating: Hold New Target: $14.0 Maintain
10/10/2017 Broker: Noble Financial Rating: Buy Maintain
26/09/2017 Broker: RBC Capital Markets Rating: Sector Perform New Target: $14 Initiates Coverage On
22/09/2017 Broker: Wells Fargo Rating: Hold New Target: $14.0

Falcon Point Capital Llc decreased Us Concrete Inc (USCR) stake by 29.27% reported in 2017Q3 SEC filing. Falcon Point Capital Llc sold 58,045 shares as Us Concrete Inc (USCR)’s stock rose 9.29%. The Falcon Point Capital Llc holds 140,283 shares with $10.97 million value, down from 198,328 last quarter. Us Concrete Inc now has $1.30B valuation. The stock decreased 1.03% or $0.85 during the last trading session, reaching $81.7. About 353,982 shares traded or 12.73% up from the average. U.S. Concrete, Inc. (NASDAQ:USCR) has risen 14.26% since January 14, 2017 and is uptrending. It has underperformed by 2.44% the S&P500.

The stock decreased 0.40% or $0.06 during the last trading session, reaching $15.04. About 1.56M shares traded. TEGNA Inc. (NYSE:TGNA) has risen 3.02% since January 14, 2017 and is uptrending. It has underperformed by 13.68% the S&P500.

TEGNA Inc., a media company, operates a portfolio of broadcast stations and digital sites; and provides marketing service solutions for businesses. The company has market cap of $3.24 billion. The firm operates 46 television stations in 38 markets that produce local programming, such as news, sports, and entertainment. It has a 32.14 P/E ratio. The Company’s marketing services business provides solutions for clients on multiple channels, including broadcast, online, and OTT.

Analysts await U.S. Concrete, Inc. (NASDAQ:USCR) to report earnings on February, 27. They expect $0.85 earnings per share, up 11.84% or $0.09 from last year’s $0.76 per share. USCR’s profit will be $13.48 million for 24.03 P/E if the $0.85 EPS becomes a reality. After $0.90 actual earnings per share reported by U.S. Concrete, Inc. for the previous quarter, Wall Street now forecasts -5.56% negative EPS growth.

Since August 1, 2017, it had 0 buys, and 10 insider sales for $671,708 activity. 250 shares were sold by Kohutek Kevin, worth $19,475 on Thursday, August 3. Another trade for 200 shares valued at $15,710 was made by BEHRING DAVID ANDREW on Tuesday, August 1. $22,335 worth of U.S. Concrete, Inc. (NASDAQ:USCR) was sold by BURTON HERBERT A. on Wednesday, August 30. SANDBROOK WILLIAM J also sold $492,689 worth of U.S. Concrete, Inc. (NASDAQ:USCR) shares.

Among 6 analysts covering U.S. Concrete (NASDAQ:USCR), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. U.S. Concrete had 9 analyst reports since November 24, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, November 24 by Sidoti. As per Thursday, April 21, the company rating was initiated by BB&T Capital. The firm has “Neutral” rating by Citigroup given on Tuesday, December 15. SunTrust maintained the stock with “Buy” rating in Thursday, October 26 report. The stock of U.S. Concrete, Inc. (NASDAQ:USCR) earned “Buy” rating by Stifel Nicolaus on Tuesday, September 26. The firm earned “Buy” rating on Thursday, June 9 by DA Davidson. The stock of U.S. Concrete, Inc. (NASDAQ:USCR) has “Buy” rating given on Friday, November 3 by Stifel Nicolaus. The rating was downgraded by Sidoti to “Neutral” on Wednesday, April 20. Stifel Nicolaus maintained U.S. Concrete, Inc. (NASDAQ:USCR) rating on Tuesday, August 8. Stifel Nicolaus has “Buy” rating and $9800 target.

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