Consolidated Communications Holdings, Inc. (CNSL) Upgraded at BidaskClub

Consolidated Communications Holdings, Inc. (CNSL) Upgraded at BidaskClub

Independent Investors Inc. held its position in L-3 Communications Holdings, Inc. (NYSE:LLL) by 10.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). Taylor Wealth Management Partners now owns 8,302 shares of the utilities provider's stock valued at $194,000 after buying an additional 5,500 shares in the last quarter. Adams Diversified Equity Fund Inc. now owns 44,200 shares of the utilities provider's stock valued at $1,035,000 after buying an additional 14,900 shares in the last quarter. Supplemental Annuity Collective Trust of NJ bought a new position in L-3 Communications Holdings during the second quarter worth $835,000. LS Investment Advisors LLC increased its stake in L-3 Communications Holdings by 6.5% in the second quarter. Thrivent Financial for Lutherans now owns 2,710 shares of the aerospace company's stock worth $412,000 after buying an additional 130 shares in the last quarter.

TRADEMARK VIOLATION WARNING: "Consolidated Communications Holdings, Inc". Finally, North Star Investment Management Corp. raised its stake in Consolidated Communications Holdings by 2.8% in the first quarter. The value of the investment in Cogent Communications Holdings, went from $1,741,000 to $5,539,000 increasing 218.2% quarter to quarter. Finally, Renaissance Technologies LLC boosted its position in shares of Cogent Communications Holdings by 13.5% in the second quarter. Alliancebernstein L.P. increased its stake in L-3 Communications Holdings by 171,452.7% in the first quarter. Institutional investors and hedge funds own 81.21% of the company's stock. The institutional investor owned 14,687 shares of the aerospace company's stock after buying an additional 1,434 shares during the period. The company has a market cap of $1.97 billion, a P/E ratio of 125.86 and a beta of 0.74. The company's 50-day moving average price is $19.37 and its 200 day moving average price is $22.10.

L-3 Communications Holdings, Inc. has a 12 month low of $132.38 and a 12 month high of $185.12.

L-3 Communications Holdings (NYSE:LLL) last released its quarterly earnings results on Thursday, July 27th. The dividend will be $0.460 per share for the quarter which is $1.84 annualized. During the same period in the prior year, the business earned $0.20 EPS. Cogent Communications Holdings had a negative return on equity of 27.66% and a net margin of 3.39%. The company's revenue for the quarter was up 9.0% compared to the same quarter previous year. On average, equities research analysts forecast that Consolidated Communications Holdings will post $0.52 EPS for the current year. Additionally the company announced a dividend to be paid on Friday the 1st of September 2017. Shareholders of record on Friday, August 18th will be issued a $0.46 dividend. The ex-dividend date of this dividend is Tuesday, August 15th. L-3 Communications Holdings's dividend payout ratio (DPR) is 33.82%. The stock was sold at an average price of $40.20, for a total value of $120,600.00. This repurchase authorization permits the aerospace company to buy up to 11.5% of its shares through open market purchases. Following the completion of the acquisition, the director now directly owns 48,495 shares of the company's stock, valued at $937,408.35.

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A number of brokerages have commented on LLL. ValuEngine upgraded Consolidated Communications Holdings from a "sell" rating to a "hold" rating in a report on Tuesday, July 25th. Goldman Sachs Group, Inc. Zacks Investment Research lowered shares of Cogent Communications Holdings from a hold rating to a sell rating in a research report on Friday, August 4th. Jefferies Group LLC restated a "hold" rating and set a $170.00 price target (up previously from $160.00) on shares of L-3 Communications Holdings in a research note on Saturday, April 29th. UBS AG raised shares of Consolidated Communications Holdings to a "strong-buy" rating in a research report on Friday, June 9th.

A number of research analysts have issued reports on LLL shares. The stock now has a consensus recommendation of "Hold" and an average price target of $42.67. Also, CFO Thaddeus Gerard Weed sold 2,250 shares of the firm's stock in a transaction dated Monday, August 7th.

California Public Employees Retirement System cut its ownership by shedding 2,900 shares a decrease of 3.5% as of 06/30/2017. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 9.48% 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.