Commscope Hldg Co INC (COMM) Market Valuation Declined While Md Sass Investors Services INC Lowered Its Stake by $8.99 Million

CommScope Holding Company, Inc. (NASDAQ:COMM) LogoInvestors sentiment increased to 1.07 in Q2 2019. Its up 0.04, from 1.03 in 2019Q1. It increased, 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. Northern owns 1.13 million shares or 0% of their US portfolio. Alliancebernstein Limited Partnership owns 113,125 shares for 0% of their portfolio. Fiera reported 26,200 shares or 0% of all its holdings. Dnb Asset Mgmt As has 85,087 shares. Boothbay Fund Ltd Liability Com reported 154,697 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.01% in CommScope Holding Company, Inc. (NASDAQ:COMM). Public Employees Retirement Sys Of Ohio stated it has 77,453 shares or 0.01% of all its holdings. Huntington Bancorporation, a Ohio-based fund reported 3,012 shares. New York-based Engineers Gate Manager Limited Partnership has invested 0.12% in CommScope Holding Company, Inc. (NASDAQ:COMM). San Francisco Sentry Inv Group Inc (Ca) owns 89 shares or 0% of their US portfolio. Teacher Retirement Of Texas accumulated 0.02% or 179,304 shares. Korea Inv Corp has 227,700 shares for 0.02% of their portfolio. Wisconsin-based State Of Wisconsin Inv Board has invested 0.01% in CommScope Holding Company, Inc. (NASDAQ:COMM). Toronto Dominion Bancorporation owns 30,028 shares. Susquehanna Group Incorporated Llp owns 50,913 shares for 0% of their portfolio.

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 $30.04 million, 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 EPS, 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 EPS 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: Finance.Yahoo.com which released: “Should You Worry About CommScope Holding Company, Inc.’s (NASDAQ:COMM) CEO Pay? – Yahoo Finance” on September 11, 2019, also Seekingalpha.com with their article: “Technology – Top 5 Gainers / Losers – Seeking Alpha” published on September 16, 2019, Seekingalpha.com published: “CommScope Q2 2019 Earnings Preview – Seeking Alpha” on August 07, 2019. More interesting news about CommScope Holding Company, Inc. (NASDAQ:COMM) were released by: Finance.Yahoo.com and their article: “Is It Too Late To Consider Buying CommScope Holding Company, Inc. (NASDAQ:COMM)? – Yahoo Finance” published on May 20, 2019 as well as Businesswire.com‘s news article titled: “Wireless Innovation Forum: CBRS Initial Commercial Deployment Has Arrived – Business Wire” with publication date: September 16, 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. Credit Suisse maintained the shares of COMM in report on Friday, August 9 with “Outperform” rating. The rating was upgraded by Goldman Sachs to “Buy” on Thursday, June 20. The rating was maintained by Bank of America with “Neutral” on Friday, August 9.

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

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