Consensus Estimates and Trading Data for The New York Times Company

New York Times building in New York. Richard Drew  AP

New York Times building in New York. Richard Drew AP

New York Times has been discounting heavily to lure more paid subscribers to its online content and is packaging its subscriptions more attractively, with access to sought-after daily crossword puzzles and cooking recipes. HL Financial Services LLC acquired a new position in shares of New York Times in the fourth quarter valued at about $185,000. PNC Financial Services Group Inc. now owns 6,635 shares of the company's stock worth $118,000 after purchasing an additional 429 shares during the last quarter. Macquarie Group Ltd. acquired a new position in shares of New York Times in the third quarter valued at about $192,000. The firm has a market cap of $3,910.00, a PE ratio of 40.28 and a beta of 1.85.

"The New York Times, for its digital subscriptions, is night and day ahead of its peers in the publishing industry", said Craig Huber, analyst at Huber Research Partners.

New York Times (NYT) traded up $1.70 during trading hours on Thursday, hitting $23.85. Stockholders of record on Wednesday, January 10th were issued a $0.04 dividend.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter. The Company Thrived." with publication date: "January 13, 2018. Jefferies Group reissued a "hold" rating and issued a $18.00 price objective on shares of New York Times in a research report on Monday, October 16th. Relative to previous year, its share-price performance has topped both Google's parent, Alphabet, and Facebook. The stock has "Sell" rating by Singular Research on Thursday, February 9. (NYSE:NYT) is up 9.2% and tagged a new 10-year high today on Q4 earnings where a sharp increase in subscriptions outweighed ad declines and boosted revenues by double digits. The quarter marked an increase in digital subscribers, rise in digital advertising and subscription revenues but a fall in print advertising revenue. That means it could afford strategic acquisitions like its purchase 18 months ago of the product recommendation site, Wirecutter - or growth initiatives for its core news product. New York Times now has a consensus rating of "Hold" and a consensus target price of $16.95. Valueworks Llc, a New York-based fund reported 259,453 shares.#img1#. Thrivent Financial For Lutherans now owns 24,650 shares of the company's stock valued at $436,000 after purchasing an additional 1,720 shares during the period.

The company had warned that digital advertising would be flat or down in the quarter, but thanks to a strong December it was actually up 1.3 percent, excluding the extra week. Hedge funds and other institutional investors own 67.82% of the company's stock.

The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide. In addition, it distributes selected content on third-party platforms.

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