As Commscope Hldg Co INC (COMM) Stock Value Declined, Rivulet Capital LLC Decreased Its Holding

July 17, 2017 - By Nellie Frank

Investors sentiment decreased to 1.62 in Q4 2016. Its down 0.42, from 2.04 in 2016Q3. It fall, as 26 investors sold COMM shares while 75 reduced holdings. 72 funds opened positions while 92 raised stakes. 186.02 million shares or 3.27% less from 192.31 million shares in 2016Q3 were reported. Bluemar Cap Mngmt Ltd Co has invested 1.03% in Commscope Holding Company Inc (NASDAQ:COMM). Lpl Financial Limited Liability Corp reported 0% of its portfolio in Commscope Holding Company Inc (NASDAQ:COMM). Northern Trust holds 0.01% in Commscope Holding Company Inc (NASDAQ:COMM) or 733,299 shares. Teachers Retirement Of The State Of Kentucky holds 21,579 shares. Chieftain Capital holds 11.81M shares or 21.87% of its portfolio. Oppenheimer Company stated it has 57,860 shares. Clear Harbor Asset Mngmt Limited Liability Company accumulated 55,723 shares. Moreover, Bluemountain Lc has 0.01% invested in Commscope Holding Company Inc (NASDAQ:COMM). Swiss Bankshares stated it has 317,143 shares. Ameriprise Finance holds 0.01% or 276,186 shares. Manufacturers Life The holds 5,438 shares. Twin Tree Lp accumulated 25,847 shares or 0.01% of the stock. Natl Bank Of Ny Mellon Corp holds 743,953 shares. Howe & Rusling reported 50 shares. Deutsche Retail Bank Ag reported 0.03% in Commscope Holding Company Inc (NASDAQ:COMM).

Barry Lebovits decreased its stake in Commscope Hldg Co Inc (COMM) by 23.59% based on its latest 2016Q4 regulatory filing with the SEC. Rivulet Capital Llc sold 534,700 shares as the company’s stock declined 6.21% while stock markets rallied. The hedge fund run by Barry Lebovits held 1.73M shares of the technology company at the end of 2016Q4, valued at $64.44 million, down from 2.27M at the end of the previous reported quarter. Rivulet Capital Llc who had been investing in Commscope Hldg Co Inc for a number of months, seems to be less bullish one the $6.61 billion market cap company. The stock declined 0.94% or $0.33 reaching $34.8 per share. About 1.18M shares traded. Commscope Holding Company Inc (NASDAQ:COMM) has risen 25.42% since July 17, 2016 and is uptrending. It has outperformed by 8.72% the S&P500.

More news for Commscope Holding Company Inc (NASDAQ:COMM) were recently published by: Businesswire.com, which released: “CommScope to Release Second Quarter 2017 Financial Results August 3rd” on July 10, 2017. Prnewswire.com‘s article titled: “Pre-Market Technical Recap on Communication Equipment Stocks — QUALCOMM …” and published on July 17, 2017 is yet another important article.

Commscope Holding Company Inc (NASDAQ:COMM) Ratings Coverage

Among 11 analysts covering CommScope Holding (NASDAQ:COMM), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. CommScope Holding had 21 analyst reports since July 24, 2015 according to SRatingsIntel. Barclays Capital maintained Commscope Holding Company Inc (NASDAQ:COMM) rating on Tuesday, November 10. Barclays Capital has “Overweight” rating and $30 target. The stock has “Buy” rating by Cross Research on Monday, February 22. Northland Capital initiated the shares of COMM in report on Wednesday, September 30 with “Market Perform” rating. The rating was maintained by Jefferies on Tuesday, June 6 with “Buy”. The firm has “Outperform” rating by Raymond James given on Tuesday, February 16. As per Tuesday, September 20, the company rating was initiated by Morgan Stanley. BTIG Research initiated the shares of COMM in report on Friday, June 17 with “Buy” rating. As per Friday, September 18, the company rating was reinitiated by Goldman Sachs. The firm has “Buy” rating given on Friday, July 24 by Drexel Hamilton. The rating was downgraded by Raymond James on Tuesday, January 17 to “Mkt Perform”.

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