TEGNA Inc (TGNA)

• Market cap: $2.96B
• 1 day: 1.70%
• 5 days: -2.47%
• 1 month: 4.34%
• 3 months: -1.33%
• 6 months: 18.78%
• Year to date: -1.33%
• 1 year: 26.23%
• 5 years: 74.65%
• 10 years: -49.66%
• Sector: Communication Services
• Industry: Television Broadcasting Stations

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

48% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 40

13% more capital invested

Capital invested by funds: $2.54B [Q3] → $2.86B (+$318M) [Q4]

5% more funds holding

Funds holding: 325 [Q3] → 340 (+15) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

0.31% less ownership

Funds ownership: 97.38% [Q3] → 97.07% (-0.31%) [Q4]

18% less repeat investments, than reductions

Existing positions increased: 103 | Existing positions reduced: 125

60% less call options, than puts

Call options by funds: $11.1M | Put options by funds: $27.8M

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $22 19% upside
• Avg. target: $22 19% upside
• High target: $22 19% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Guggenheim Curry Baker 33% 1-year accuracy 11 / 33 met price target

19% upside $22

Buy Reiterated

24 Jan 2025