Md Sass Investors Services INC Trimmed Its Holding in Commscope Hldg Co INC (COMM) by $8.99 Million as Share Value Declined

CommScope Holding Company, Inc. (NASDAQ:COMM) LogoInvestors sentiment increased to 1.07 in 2019 Q2. Its up 0.04, from 1.03 in 2019Q1. It improved, as 32 investors sold COMM shares while 66 reduced holdings. 41 funds opened positions while 64 raised stakes. 173.10 million shares or 2.11% less from 176.83 million shares in 2019Q1 were reported. Wellington Group Limited Liability Partnership accumulated 0.04% or 11.44 million shares. Marshall Wace Ltd Liability Partnership has 0.01% invested in CommScope Holding Company, Inc. (NASDAQ:COMM). Jpmorgan Chase & invested in 0.03% or 8.88 million shares. Royal National Bank Of Canada reported 74,815 shares. D E Shaw Co invested in 0.03% or 1.28M shares. Boston Prtn owns 0.01% invested in CommScope Holding Company, Inc. (NASDAQ:COMM) for 474,348 shares. Apg Asset Mngmt Nv reported 47,900 shares stake. Rhumbline Advisers accumulated 150,033 shares or 0% of the stock. Raymond James And owns 166,576 shares for 0% of their portfolio. Price T Rowe Associates Md accumulated 84,067 shares or 0% of the stock. Fincl Architects accumulated 624 shares. Levin Capital Strategies Limited Partnership owns 0.07% invested in CommScope Holding Company, Inc. (NASDAQ:COMM) for 42,504 shares. State Of Alaska Department Of Revenue holds 20,617 shares. Virtu Finance Limited Liability Corp has invested 0.03% in CommScope Holding Company, Inc. (NASDAQ:COMM). Moreover, Teacher Retirement Of Texas has 0.02% invested in CommScope Holding Company, Inc. (NASDAQ:COMM).

Md Sass Investors Services Inc decreased its stake in Commscope Hldg Co Inc (COMM) by 23.14% based on its latest 2019Q2 regulatory filing with the SEC. Md Sass Investors Services Inc sold 272,295 shares as the company’s stock declined 40.97% . The hedge fund held 904,540 shares of the technology company at the end of 2019Q2, valued at $30.04M, down from 1.18 million at the end of the previous reported quarter. Md Sass Investors Services Inc who had been investing in Commscope Hldg Co Inc for a number of months, seems to be less bullish one the $2.18B market cap company. The stock increased 3.65% or $0.39 during the last trading session, reaching $11.2. About 2.15 million shares traded. CommScope Holding Company, Inc. (NASDAQ:COMM) has declined 53.39% since October 12, 2018 and is downtrending. It has underperformed by 53.39% the S&P500.

Analysts await CommScope Holding Company, Inc. (NASDAQ:COMM) to report earnings on November, 14. They expect $0.39 earnings per share, down 29.09 % or $0.16 from last year’s $0.55 per share. COMM’s profit will be $75.74 million for 7.18 P/E if the $0.39 EPS becomes a reality. After $0.57 actual earnings per share reported by CommScope Holding Company, Inc. for the previous quarter, Wall Street now forecasts -31.58 % negative EPS growth.

More notable recent CommScope Holding Company, Inc. (NASDAQ:COMM) news were published by: Nasdaq.com which released: “CommScope (COMM) Q4 Earnings and Revenues Trump Estimates – Nasdaq” on February 22, 2019, also Globenewswire.com with their article: “Energy Focus to Exhibit at Three Upcoming Industry Conferences – GlobeNewswire” published on October 11, 2019, Seekingalpha.com published: “Technology – Top 5 Gainers / Losers – Seeking Alpha” on September 16, 2019. More interesting news about CommScope Holding Company, Inc. (NASDAQ:COMM) were released by: Seekingalpha.com and their article: “CommScope extends partnership with Foxtel – Seeking Alpha” published on October 07, 2019 as well as Businesswire.com‘s news article titled: “Ethernet Alliance ECOC 2019 Demo Points to The 800GbE Future – Business Wire” with publication date: September 17, 2019.

CommScope Holding Company, Inc. (NASDAQ:COMM) Ratings Coverage

Among 4 analysts covering CommScope Holding Co (NASDAQ:COMM), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. CommScope Holding Co has $3000 highest and $1200 lowest target. $20’s average target is 78.57% above currents $11.2 stock price. CommScope Holding Co had 10 analyst reports since April 22, 2019 according to SRatingsIntel. Bank of America maintained CommScope Holding Company, Inc. (NASDAQ:COMM) on Friday, August 9 with “Neutral” rating. The firm has “Outperform” rating given on Friday, August 9 by Credit Suisse. Goldman Sachs upgraded CommScope Holding Company, Inc. (NASDAQ:COMM) rating on Thursday, June 20. Goldman Sachs has “Buy” rating and $19 target.

CommScope Holding Company, Inc. (NASDAQ:COMM) Institutional Positions Chart

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