Capital Management Corp VA Has $21.24 Million Stock Holdings in Sinclair, Inc. $SBGI

Key Points

• Capital Management Corp VA cut its stake by 16.1% in Q4 and now owns 1,388,132 shares of Sinclair (≈1.99% of the company) valued at about $21.24 million, making SBGI its 9th largest holding (~3.5% of the portfolio).
• Sinclair beat Q1 estimates with EPS of $0.28 vs. a -$0.68 consensus and revenue of $807M, and the board declared a $0.25 quarterly dividend (annualized $1.00) implying roughly a 6.6% yield.
• Insiders have been selling (55,672 shares worth ~$758K over the last three months), though insiders still own ~41.9% of the company, while analysts remain mixed with a consensus "Hold" rating and an average target price of $19.40.

Capital Management Corp VA cut its stake in shares of Sinclair, Inc. (NASDAQ:SBGI - Free Report) by 16.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,388,132 shares of the company's stock after selling 266,918 shares during the quarter. Sinclair comprises approximately 3.5% of Capital Management Corp VA's portfolio, making the stock its 9th biggest position. Capital Management Corp VA owned approximately 1.99% of Sinclair worth $21,238,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of SBGI. AQR Capital Management LLC increased its holdings in shares of Sinclair by 5.7% during the first quarter. AQR Capital Management LLC now owns 41,993 shares of the company's stock valued at $656,000 after acquiring an additional 2,258 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Sinclair by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,082 shares of the company's stock worth $304,000 after buying an additional 780 shares in the last quarter. Acadian Asset Management LLC increased its holdings in Sinclair by 134.7% in the 1st quarter. Acadian Asset Management LLC now owns 11,525 shares of the company's stock worth $182,000 after buying an additional 6,615 shares in the last quarter. Cetera Investment Advisers increased its holdings in Sinclair by 17.7% in the 2nd quarter. Cetera Investment Advisers now owns 17,097 shares of the company's stock worth $236,000 after buying an additional 2,572 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Sinclair by 5.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 31,075 shares of the company's stock worth $429,000 after buying an additional 1,511 shares in the last quarter. 41.71% of the stock is currently owned by institutional investors.

Insider Activity

In other Sinclair news, COO Robert Weisbord sold 10,000 shares of the firm's stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $15.70, for a total value of $157,000.00. Following the transaction, the chief operating officer directly owned 284,525 shares of the company's stock, valued at approximately $4,467,042.50. This trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Daniel C. Keith sold 22,613 shares of the firm's stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $13.10, for a total value of $296,230.30. Following the completion of the transaction, the director directly owned 25,027 shares in the company, valued at $327,853.70. The trade was a 47.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 55,672 shares of company stock worth $758,498 over the last three months. Insiders own 41.90% of the company's stock.

Sinclair Trading Down 2.4%

Shares of NASDAQ:SBGI opened at $15.17 on Friday. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of 16.86 and a beta of 1.09. The company has a debt-to-equity ratio of 11.78, a quick ratio of 2.42 and a current ratio of 2.42. The stock's 50-day simple moving average is $14.58 and its two-hundred day simple moving average is $14.81. Sinclair, Inc. has a 52-week low of $11.89 and a 52-week high of $17.88.

Sinclair (NASDAQ:SBGI - Get Free Report) last announced its earnings results on Thursday, April 30th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.68) by $0.96. The business had revenue of $807.00 million for the quarter, compared to analysts' expectations of $792.63 million. Sinclair had a negative return on equity of 13.42% and a net margin of 2.00%.The business's revenue for the quarter was up 4.0% on a year-over-year basis. During the same period last year, the firm posted ($2.30) earnings per share. Analysts expect that Sinclair, Inc. will post 1.1 EPS for the current year.

Sinclair Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 9th. Shareholders of record on Tuesday, May 26th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 6.6%. The ex-dividend date of this dividend is Tuesday, May 26th. Sinclair's dividend payout ratio (DPR) is presently -59.52%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on SBGI shares. Benchmark lifted their price objective on Sinclair from $27.00 to $30.00 and gave the stock a "buy" rating in a report on Thursday, February 26th. Wells Fargo & Company reduced their price objective on Sinclair from $17.00 to $16.00 and set an "equal weight" rating for the company in a report on Friday. Deutsche Bank Aktiengesellschaft set a $17.00 price objective on Sinclair in a report on Wednesday, April 15th. JPMorgan Chase & Co. reduced their price objective on Sinclair from $15.00 to $14.00 and set an "underweight" rating for the company in a report on Wednesday, April 1st. Finally, Wall Street Zen upgraded Sinclair from a "sell" rating to a "hold" rating in a report on Sunday, February 22nd. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $19.40.

Sinclair News Summary

Here are the key news stories impacting Sinclair this week:

• Positive Sentiment: Sinclair beat Q1 estimates with EPS of $0.28 (consensus -$0.68) and revenue of $807M, showing a year-over-year recovery that supports near-term profitability improvement. Zacks: Sinclair Beats Q1 Estimates
• Positive Sentiment: The board declared a $0.25 quarterly cash dividend (payable June 9; record/ex-dividend May 26), implying an annualized yield of roughly 6.8%, which can attract income-focused investors. GlobeNewswire: Dividend Announcement
• Neutral Sentiment: Official Q1 press release, slide deck and conference call materials are available for detail on results and segment performance — useful for modeling revenue and cash-flow scenarios. MarketBeat: Q1 Results & Materials
• Neutral Sentiment: The Q1 earnings call transcript provides management commentary on advertising trends, political ad cadence, and cost items that investors should review to assess FY26 assumptions. Seeking Alpha: Q1 Call Transcript
• Negative Sentiment: Wells Fargo cut its price target to $16 from $17 and set an "equal weight" rating, trimming upside expectations and signaling more cautious near-term sentiment. Benzinga: Wells Fargo Lowers PT
• Negative Sentiment: Sinclair's FY26 revenue guidance was provided in a $3.4B–$3.5B range — slightly under or roughly in line with consensus depending on assumptions — which tempers the upside from the quarter’s beat and may keep multiple expansion limited. MarketBeat: Guidance Details

About Sinclair

Sinclair Broadcast Group, Inc NASDAQ: SBGI is a media and entertainment company headquartered in Hunt Valley, Maryland. Founded in 1971 as a single UHF television station operator, Sinclair has grown through strategic acquisitions and organic expansion to become one of the largest owners of local television stations in the United States. Over its history, the company has pursued a diversified portfolio that includes both traditional broadcast assets and newer digital platforms.

At its core, Sinclair operates over 190 television stations affiliated with the major national broadcast networks, including ABC, CBS, NBC, Fox, The CW and MyNetworkTV.

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