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The The Zacks Investment Research lowers the Stock rating of UTStarcom Holdings Corp. (UTSI)

UTStarcom Holdings Corp. (NASDAQ:UTSI) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research report issued on Tuesday. According to Zacks, “UTStarcom Holdings Corp. is engaged in providing interactive Protocol based network solutions. The Company also provides integration and support services in Internet Protocol TV, Interactive TV, Internet TV and Broadband for cable and telecom operators. It designs and sells IP-based telecommunications infrastructure products including its primary product suite of IPTV, and broadband solutions along with the services relating to the installation, operation and maintenance of these products. UTStarcom Holdings Corp., formerly known as UTStarcom, Inc., is headquartered in Beijing, China. “

Separately, TheStreet raised shares of UTStarcom Holdings Corp. from a “sell” rating to a “hold” rating in a research report on Friday, September 9th.

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Shares of UTStarcom Holdings Corp. (NASDAQ:UTSI) traded up 4.10% during mid-day trading on Tuesday, hitting $2.03.

60,285 shares of the stock were exchanged. UTStarcom Holdings Corp. has a 52 week low of $1.59 and a 52 week high of $2.92. The stock’s 50-day moving average is $2.01 and its 200-day moving average is $1.99. UTStarcom Holdings Corp. (NASDAQ:UTSI) last released its quarterly earnings results on Tuesday, November 8th. The company reported ($0.04) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.01. UTStarcom Holdings Corp.

had a negative net margin of 11.85% and a negative return on equity of 13.15%. The company had revenue of $16.40 million for the quarter, compared to analyst estimates of $20 million. During the same period last year, the firm earned ($0.13) earnings per share. On average, equities analysts forecast that UTStarcom Holdings Corp. will post $0.01 EPS for the current year. A hedge fund recently bought a new stake in UTStarcom Holdings Corp. stock.

Bridgeway Capital Management Inc. bought a new stake in shares of UTStarcom Holdings Corp. (NASDAQ:UTSI) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 90,200 shares of the company’s stock, valued at approximately $173,000. Bridgeway Capital Management Inc. owned about 0.25% of UTStarcom Holdings Corp. at the end of the most recent quarter.

4.26% of the stock is currently owned by institutional investors and hedge funds. About UTStarcom Holdings Corp.

UTStarcom Holdings Corp. provides broadband products, solution and services. The Company delivers broadband transport and access (both wireless fidelity (Wi-Fi) and fixed line) products and solutions, optimized for mobile backhaul, metro aggregation, broadband access and Wi-Fi data offloading.

Its segments include Equipment, which is focused on its equipment sales, including network infrastructure and application products, and Services, which is engaged in providing services and support of its equipment products and also the new operational support segment.

Liberty Broadband Corp. (LBRDK) Rating Increased to Buy at the TheStreet

Liberty Broadband Corp. (NASDAQ:LBRDK) was upgraded by TheStreet from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday. Separately, Zacks Investment Research raised Liberty Broadband Corp. from a “hold” rating to a “buy” rating and set a $79.00 price objective for the company in a research note on Wednesday, September 14th. In other news, Director John C. Malone sold 29,273 shares of the stock in a transaction that occurred on Monday, August 15th.

The stock was sold at an average price of $68.77, for a total transaction of $2,013,104.21. Following the completion of the transaction, the director now directly owns 4,145,781 shares of the company’s stock, valued at approximately $285,105,359.37. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director John C. Malone sold 93,522 shares of the stock in a transaction that occurred on Tuesday, August 16th. The stock was sold at an average price of $68.35, for a total value of $6,392,228.70. Following the transaction, the director now directly owns 4,145,781 shares of the company’s stock, valued at $283,364,131.35. The disclosure for this sale can be found here. Company insiders own 10.80% of the company’s stock.

Institutional investors have recently modified their holdings of the company. First Republic Investment Management Inc. increased its position in shares of Liberty Broadband Corp. by 100.7% in the first quarter. First Republic Investment Management Inc. now owns 4,639,530 shares of the company’s stock worth $268,860,000 after buying an additional 2,327,987 shares during the period. Marcato Capital Management LP increased its position in shares of Liberty Broadband Corp.

by 31.1% in the first quarter. Marcato Capital Management LP now owns 1,168,825 shares of the company’s stock worth $67,733,000 after buying an additional 277,313 shares during the period. Foxhaven Asset Management LP acquired a new position in shares of Liberty Broadband Corp. during the first quarter worth about $22,345,000. A.R.T. Advisors LLC acquired a new position in shares of Liberty Broadband Corp. during the first quarter worth about $812,000. Finally, Envestnet Asset Management Inc. increased its position in shares of Liberty Broadband Corp.

by 34.4% in the first quarter. Envestnet Asset Management Inc. now owns 45,888 shares of the company’s stock worth $2,659,000 after buying an additional 11,749 shares during the period.

66.59% of the stock is owned by institutional investors and hedge funds.

Liberty Broadband Corp.

Company Profile

Stocks: Liberty Broadband Corp. (LBRDA) gets “Hold” status by The Zacks Investment Research

Zacks Investment Research lowered shares of Liberty Broadband Corp. (NASDAQ:LBRDA) from a buy rating to a hold rating in a report released on Wednesday. According to Zacks, “Liberty Broadband Corporation, through its subsidiaries, engages in providing digital cable services to residential and commercial customers; and entertainment, information, and communications solutions. It also provides wireless location positioning and related services. Liberty Broadband Corporation is based in Englewood, Colorado. “

A number of other research firms also recently weighed in on LBRDA. Deutsche Bank AG increased their target price on shares of Liberty Broadband Corp. from $76.00 to $80.00 and gave the company a buy rating in a research report on Friday, August 12th. Pivotal Research reissued a buy rating and set a $94.00 target price on shares of Liberty Broadband Corp.

in a research report on Monday, September 26th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company currently has an average rating of Buy and a consensus target price of $77.00. Shares of Liberty Broadband Corp. (NASDAQ:LBRDA) opened at 64.95 on Wednesday. The stock has a 50 day moving average of $68.17 and a 200-day moving average of $63.09. Liberty Broadband Corp. has a 12 month low of $42.03 and a 12 month high of $71.77.

The company has a market cap of $11.80 billion, a price-to-earnings ratio of 8.97 and a beta of 1.38. In other news, insider Albert E. Rosenthaler sold 1,907 shares of the firm’s stock in a transaction that occurred on Wednesday, August 17th. The shares were sold at an average price of $67.39, for a total transaction of $128,512.73. Following the completion of the sale, the insider now owns 18,769 shares of the company’s stock, valued at approximately $1,264,842.91. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Richard N.

Baer sold 1,985 shares of the firm’s stock in a transaction that occurred on Friday, October 14th. The stock was sold at an average price of $68.17, for a total transaction of $135,317.45. Following the sale, the insider now directly owns 4,843 shares of the company’s stock, valued at approximately $330,147.31. The disclosure for this sale can be found here. Company insiders own 11.32% of the company’s stock. Several hedge funds have recently made changes to their positions in LBRDA. Locust Wood Capital Advisers LLC bought a new stake in shares of Liberty Broadband Corp.

during the second quarter valued at approximately $9,424,000. S&CO Inc. increased its stake in shares of Liberty Broadband Corp. by 0.6% in the second quarter. S&CO Inc. now owns 91,000 shares of the company’s stock valued at $5,405,000 after buying an additional 535 shares during the period. Douglass Winthrop Advisors LLC bought a new stake in shares of Liberty Broadband Corp. during the second quarter valued at approximately $2,309,000. First Republic Investment Management Inc.

increased its stake in shares of Liberty Broadband Corp. by 104.4% in the first quarter. First Republic Investment Management Inc. now owns 338,334 shares of the company’s stock valued at $19,678,000 after buying an additional 172,769 shares during the period. Finally, Babson Capital Management LLC bought a new stake in shares of Liberty Broadband Corp. during the first quarter valued at approximately $1,215,000.

79.35% of the stock is owned by institutional investors. Liberty Broadband Corp. Company Profile

Liberty Broadband Corporation holds interests in Charter Communications, Inc (Charter), TruePosition, Inc (TruePosition) and Time Warner Cable, Inc (TWC). The Company’s segments include Trueposition, Charter, and Corporate and other.

The TruePosition segment includes the operations of TruePosition, a subsidiary of the Company that develops and markets technology for locating wireless phones and other wireless devices on a cellular network, enabling wireless carriers and government agencies to provide public safety E-9-1-1 services domestically and services in support of national security and law enforcement across the world.