Md Sass Investors Services INC Holding in Commscope Hldg Co INC (COMM) Has Decreased as Shares Declined

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. Moreover, Invesco Ltd has 0.01% invested in CommScope Holding Company, Inc. (NASDAQ:COMM). Rhumbline Advisers owns 150,033 shares. Robeco Institutional Asset Mngmt Bv has 14,848 shares for 0% of their portfolio. Cubist Systematic Strategies Limited Liability accumulated 0.01% or 51,695 shares. State Of New Jersey Common Pension Fund D has invested 0.04% in CommScope Holding Company, Inc. (NASDAQ:COMM). Livforsakringsbolaget Skandia Omsesidigt holds 0% or 1,700 shares in its portfolio. One Trading LP reported 10,812 shares. Meeder Asset Mgmt has invested 0% in CommScope Holding Company, Inc. (NASDAQ:COMM). Utah Retirement has 0.01% invested in CommScope Holding Company, Inc. (NASDAQ:COMM) for 36,053 shares. Moreover, Boothbay Fund Ltd has 0.22% invested in CommScope Holding Company, Inc. (NASDAQ:COMM) for 154,697 shares. Macquarie Grp reported 1.68 million shares. The United Kingdom-based Pictet Asset Mngmt Limited has invested 0% in CommScope Holding Company, Inc. (NASDAQ:COMM). Virtu Fincl Ltd Liability Corp holds 0.03% or 29,688 shares in its portfolio. Bnp Paribas Arbitrage Sa, New York-based fund reported 61,226 shares. Us Retail Bank De accumulated 820 shares.

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 1.18M 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 2.15M 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 $75.74M 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: Businesswire.com which released: “Wireless Innovation Forum: CBRS Initial Commercial Deployment Has Arrived – Business Wire” on September 16, 2019, also Finance.Yahoo.com with their article: “Is It Too Late To Consider Buying CommScope Holding Company, Inc. (NASDAQ:COMM)? – Yahoo Finance” published on May 20, 2019, Businesswire.com published: “Ruckus Networks R750 Access Point Now Wi-Fi CERTIFIED 6 – Business Wire” 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 Finance.Yahoo.com‘s news article titled: “Here’s What CommScope Holding Company, Inc.’s (NASDAQ:COMM) P/E Is Telling Us – Yahoo Finance” with publication date: April 26, 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. The company was maintained on Friday, August 9 by Bank of America. As per Friday, August 9, the company rating was maintained by Credit Suisse. The company was upgraded on Thursday, June 20 by Goldman Sachs.

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

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