Consolidated Communications Holdings Inc

A number of hedge funds and other institutional investors have recently modified their holdings of the company. As of quarter end Meeder Asset Management Inc had disposed of 59 shares trimming its holdings by 14.0%. Piedmont Investment Advisors LLC now owns 97,080 shares of the aerospace company's stock worth $16,046,000 after buying an additional 79,578 shares in the last quarter. Bank of Montreal Can boosted its stake in shares of L-3 Communications Holdings by 32.2% in the second quarter. IFP Advisors Inc now owns 11,475 shares of the utilities provider's stock valued at $269,000 after buying an additional 1,270 shares in the last quarter.

Institutional investors now hold around $968 million or 69.2% in CNSL stock. Consolidated Communications Holdings has a 52-week low of $17.75 and a 52-week high of $30.23. (NYSE:LLL) opened at 172.11 on Friday. The stock had a trading volume of 3,170,178 shares. The firm's 50-day moving average price is $166.31 and its 200-day moving average price is $163.43. L-3 Communications Holdings, Inc.

Consolidated Communications Hol now has a P/E ratio of 304.41 and market capitalization is 911.16M.

(Nasdaq:CNSL) will release its second quarter 2017 financial results on August 3, 2017 before the market opens. The aerospace company reported $2.07 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.81 by $0.26. L-3 Communications Holdings had a return on equity of 13.90% and a net margin of 5.98%. The business had revenue of $2.67 billion for the quarter, compared to analyst estimates of $2.45 billion. EPS breaks down the profitability of the company on a single share basis. The value of the investment in Consolidated Communications Hol decreased from $68,000 to $33,000 decreasing 51.5% since the last quarter. During the same quarter in the previous year, the firm posted $2.08 earnings per share. Comerica Bank increased its stake in Consolidated Communications Holdings by 5.4% in the fourth quarter.

The stock being overvalued and undervalued sometimes depends upon the market situation as well. The company's shares were given away at $27.22 per share worth to an income of some $408,300 on account of Udell C Robert JR. "(NYSE:LLL)" was originally reported by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this story on another publication, it was stolen and republished in violation of worldwide copyright legislation. The legal version of this piece of content can be accessed at https://sportsperspectives.com/2017/07/17/catawba-capital-management-va-has-2-89-million-stake-in-l-3-communications-holdings-inc-nyselll-updated.html. Deutsche Bank AG lifted their price objective on L-3 Communications Holdings from $175.00 to $190.00 and gave the stock a "buy" rating in a research note on Friday, April 28th. Raymond James Financial, Inc. upgraded shares of Consolidated Communications Holdings from an outperform rating to a strong-buy rating and set a $26.00 price objective for the company in a report on Friday, June 9th. Wells Fargo & Company reaffirmed an "outperform" rating on shares of Consolidated Communications Holdings in a research note on Wednesday, March 29th. Citigroup Inc. raised Consolidated Communications Holdings from a "sell" rating to a "neutral" rating in a research note on Wednesday, June 7th. BidaskClub upgraded Consolidated Communications Holdings from a "sell" rating to a "hold" rating in a research report on Tuesday, June 13th. Nine equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. These shares are 32.02% off its target price of $23.71 and the current market capitalization stands at $942M. The stock was sold at an average price of $168.04, for a total value of $3,788,797.88. Over the last three months, insiders sold 67,641 shares of company stock valued at $11,432,231. Corporate insiders own 2.90% of the company's stock.

L3 Technologies, Inc, formerly L-3 Communications Holdings, Inc, is a prime contractor in Intelligence, Surveillance and Reconnaissance (ISR) systems, aircraft sustainment, simulation and training, night vision and image intensification equipment and security and detection systems.

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