Economy

CommScope (COMM) Getting Somewhat Favorable News Coverage, Report Shows

CommScope (COMM) Getting Somewhat Favorable News Coverage, Report Shows

The company's stock rose 2.82% while stock markets declined as Dorsal Capital Management Llc sold 275,000 shares. The hedge fund run by Barry Lebovits held 3.73M shares of the technology company at the end of 2017Q4, valued at $141.15M, up from 3.25M at the end of the previous reported quarter. Gratia Capital Llc who had been investing in Century Cmntys Inc (Call) for a number of months, seems to be less bullish one the $867.48M market cap company. The stock increased 4.21% or $1.67 during the last trading session, reaching $41.31. 269,274 shares of the company's stock traded hands, compared to its average volume of 1,581,435. BidaskClub lowered shares of CommScope from a "hold" rating to a "sell" rating in a report on Saturday, February 24th. Since April 11, 2017 COMM has declined 4.00% and is downtrending. The stock underperformed the S&P 500 by 15.55%.

Thomas Bancroft decreased its stake in Commscope Hldg Co Inc (COMM) by 40.59% based on its latest 2017Q4 regulatory filing with the SEC. Lone Pine Capital LLC now owns 3,492,871 shares of the company's stock valued at $108,384,000 after buying an additional 2,639,885 shares in the last quarter.

Verity Asset Management Inc, which manages about $409.92M and $132.76 million US Long portfolio, decreased its stake in Proshares Tr Ultrashort 20 Yr Treas New (TBT) by 9,683 shares to 76,522 shares, valued at $2.76M in 2017Q4, according to the filing. Plantronics, Inc. (PLT) has $2.00B valuation. About 621,577 shares traded. It has underperformed by 27.43% the S&P500. Fmr Limited Liability Com has 8.69 million shares. Morgens Waterfall Vintiadis & owns 7,000 shares. Industrea Acquisition Corp was reduced too. After $0.44 actual EPS reported by CommScope Holding Company, Inc. for the previous quarter, Wall Street now forecasts -2.27% negative EPS growth. Therefore 31% are positive. Healthcare Services had 15 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has "Outperform" rating given on Tuesday, February 16 by Raymond James. The company was maintained on Monday, August 21 by Jefferies. The stock of CommScope Holding Company, Inc. In Friday, March 9 report Citigroup maintained it with "Buy" rating and $47 target. The firm has "Neutral" rating given on Thursday, September 10 by Goldman Sachs. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. The rating was maintained by Citigroup with "Buy" on Thursday, November 2. Northland Capital maintained it with "Hold" rating and $2800 target in Tuesday, August 8 report. Barclays Capital upgraded the stock to "Overweight" rating in Wednesday, February 14 report.

During 2017 Q4 the big money sentiment increased to 0.98. Its down 0.36, from 1.72 in 2017Q3. It is positive, as 41 investors sold COMM shares while 77 reduced holdings. 71 grew holdings while 45 funds took holdings. Investors holded 191.80 million in 2017Q3 but now own 193.85 million shares or 1.07% more. British Columbia Investment Corp accumulated 0.03% or 97,603 shares.

Among 12 analysts covering CommScope Holding (NASDAQ:COMM), 10 have Buy rating, 0 Sell and 2 Hold. (NASDAQ:COMM) for 120,720 shares. Ameritas Inv Partners Inc holds 0.03% of its portfolio in Plantronics, Inc. Price T Rowe Assocs Incorporated Md invested 0% of its portfolio in CommScope Holding Company, Inc. Rivulet Capital Llc owns 3.73 million shares or 15.44% of their USA portfolio. Us Bancorporation De invested 0% of its portfolio in CommScope Holding Company, Inc.

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CommScope (NASDAQ:COMM) last announced its earnings results on Thursday, February 15th. Ngam Advsrs LP has invested 0.05% in CommScope Holding Company, Inc. The ratio has improved, as 116 investment professionals increased or started new stock positions, while 118 cut down and sold their stock positions in Commscope Holding Company Inc.

The Current Ratio of CommScope Holding Company, Inc. (NASDAQ:COMM) for 30,700 shares. Apg Asset Nv invested in 58,300 shares or 0% of the stock. Brown Advisory Incorporated, Maryland-based fund reported 67,734 shares. (NASDAQ:COMM). Bb&T Corporation holds 21,172 shs or 0.01% of its capital. The stock decreased 2.56% or $1.8456 during the last trading session, reaching $70.2844.

Looking at some alternate time periods, the 12 month price index is 0.94859, the 24 month is 1.43389, and the 36 month is 1.33185. It turned negative, as 13 investors sold Scholastic Corporation shares while 45 reduced holdings. 34 funds opened positions while 89 raised stakes. Silvercrest Asset Mgmt Group Ltd Liability stated it has 0.03% in Education Realty Trust, Inc. Arizona State Retirement Sys stated it has 0.01% in Plantronics, Inc. (NYSE:PLT). Moreover, Fdx Inc has 0.01% invested in Plantronics, Inc. (NYSE:CRM) shares were sold by Martinez Maria. Glenview Capital Mgmt Ltd Liability Company has invested 0.18% of its portfolio in Kinder Morgan, Inc. Teachers Retirement Systems Of The State Of Kentucky invested in 0.04% or 86,437 shares. 608.21 million shares or 0.25% less from 609.74 million shares in 2017Q3 were reported. Strs Ohio has invested 0.11% in Kinder Morgan, Inc. (NYSE:KMI). 463,796 were reported by Hartford Investment Management Co. (NYSE:CRM). 74,040 are held by State Of Alaska Department Of Revenue.

Among 40 analysts covering Citigroup Inc. (NYSE:PLT) to report earnings on May, 7. They expect $0.43 EPS, down 12.24% or $0.06 from last year's $0.49 per share. COMM's profit will be $82.52 million for 23.89 P/E if the $0.43 EPS becomes a reality. The communications equipment provider reported $0.47 EPS for the quarter, hitting analysts' consensus estimates of $0.47. Scholastic Corporation had 5 analyst reports since October 13, 2015 according to SRatingsIntel. The rating was maintained by FBR Capital with "Mkt Perform" on Friday, July 24. Credit Suisse reinitiated Healthcare Services Group, Inc. (NYSE:KMI) rating on Thursday, October 22.


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