Rivulet Capital LLC Has Lifted Its Commscope Hldg Co INC (COMM) Holding by $3.60 Million; Stock Value Declined

July 16, 2018 - By Kristin Houston

CommScope Holding Company, Inc. (NASDAQ:COMM) LogoInvestors sentiment increased to 1.33 in Q1 2018. Its up 0.35, from 0.98 in 2017Q4. It is positive, as 16 investors sold COMM shares while 84 reduced holdings. 52 funds opened positions while 81 raised stakes. 188.43 million shares or 2.80% less from 193.85 million shares in 2017Q4 were reported. Endowment Management Lp owns 18,020 shares. Gulf Int Retail Bank (Uk) Limited stated it has 58,800 shares. Yorktown Mngmt Company owns 18,400 shares for 0.22% of their portfolio. Cwm Ltd Limited Liability Company owns 39 shares or 0% of their US portfolio. Scholtz & Limited Liability Corporation holds 1.34% or 45,285 shares. Lpl Financial Ltd Liability has invested 0% in CommScope Holding Company, Inc. (NASDAQ:COMM). Tiaa Cref Inv Management Ltd Liability Corporation reported 1.25 million shares. Amundi Pioneer Asset holds 0% or 30,716 shares in its portfolio. Nomura stated it has 0.01% of its portfolio in CommScope Holding Company, Inc. (NASDAQ:COMM). State Of Alaska Department Of Revenue invested 0.01% of its portfolio in CommScope Holding Company, Inc. (NASDAQ:COMM). Chieftain Mngmt Inc accumulated 4.16M shares or 12.11% of the stock. Peak6 Invests LP reported 0% stake. Parametric Portfolio Assoc Limited Co has invested 0% of its portfolio in CommScope Holding Company, Inc. (NASDAQ:COMM). Cibc Asset Mngmt Inc owns 6,527 shares. Blackrock holds 0.02% of its portfolio in CommScope Holding Company, Inc. (NASDAQ:COMM) for 9.42M shares.

Barry Lebovits increased its stake in Commscope Hldg Co Inc (COMM) by 2.47% based on its latest 2018Q1 regulatory filing with the SEC. Rivulet Capital Llc bought 92,241 shares as the company’s stock declined 24.75% with the market. The hedge fund run by Barry Lebovits held 3.82M shares of the technology company at the end of 2018Q1, valued at $152.83 million, up from 3.73 million 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 bullish on the $5.65B market cap company. The stock decreased 1.21% or $0.36 during the last trading session, reaching $29.39. About 770,190 shares traded. CommScope Holding Company, Inc. (NASDAQ:COMM) has declined 20.27% since July 16, 2017 and is downtrending. It has underperformed by 32.84% the S&P500.

CommScope Holding Company, Inc. (NASDAQ:COMM) Ratings Coverage

Among 10 analysts covering CommScope Holding Co (NASDAQ:COMM), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. CommScope Holding Co had 13 analyst reports since January 26, 2018 according to SRatingsIntel. The firm has “Hold” rating by Credit Suisse given on Tuesday, June 19. The stock has “Buy” rating by Longbow on Friday, January 26. The rating was maintained by Citigroup with “Buy” on Friday, March 9. The stock has “Outperform” rating by Northland Capital on Wednesday, May 2. The rating was initiated by J.P. Morgan on Thursday, May 3 with “Hold”. The stock of CommScope Holding Company, Inc. (NASDAQ:COMM) has “Buy” rating given on Thursday, February 15 by Jefferies. The firm earned “Equal-Weight” rating on Monday, April 30 by Morgan Stanley. The rating was upgraded by Barclays Capital to “Overweight” on Wednesday, February 14. The firm earned “Buy” rating on Wednesday, May 2 by Citigroup. The firm has “Hold” rating by Northland Capital given on Friday, February 16.

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

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