The Meridian Investment Counsel Inc. Maintains Position in Frontier Communications Corporation (FTR)

Cornelia Mascio
Settembre 13, 2017

24,502,162 shares of the company's stock traded hands. The institutional investor held 10,348 shares of the telecommunications equipment company at the end of 2016Q4, valued at $35,000, down from 192,000 at the end of the previous reported quarter. Frontier Communications Corporation has a 1-year low of $11.65 and a 1-year high of $68.40. The stock increased 0.68% or $0.33 during the last trading session, reaching $48.8. First Finance In holds 2,834 shares.

Additionally the company recently declared a dividend for shareholders to be paid on Friday the 29th of September 2017. It has underperformed by 87.26% the S&P500. Aviva PLC now owns 736,919 shares of the utilities provider's stock worth $855,000 after purchasing an additional 3,410 shares during the last quarter. One of the more popular combinations is to use the 50-day and 200-day moving averages. Jw Asset Management Llc who had been investing in Unitedhealth Group Inc for a number of months, seems to be bullish on the $190.93B market cap company. The stock decreased 0.39% or $0.05 during the last trading session, reaching $12.65. About shares traded. UnitedHealth Group Inc (NYSE:UNH) has risen 32.76% since September 13, 2016 and is uptrending.

Zacks Investment Research upgraded Frontier Communications Corporation from a "hold" rating to a "buy" rating and set a $1.25 target price for the company in a report on Wednesday, July 5th. Therefore 19% are positive. Royal Mail had 4 analyst reports since January 5, 2016 according to SRatingsIntel. The company saw a rise in short interest of 2.43% as of the latest report on August 15, 2017. The company's market capitalization is $1.08 billion. The rating was initiated by Macquarie Research on Monday, July 11 with "Underperform". The company was maintained on Tuesday, August 2 by Raymond James. Based on Frontier Communications Corporation's current price of $13.20, the dividend is 4.55 %. The rating was reinitiated by JP Morgan with "Overweight" on Tuesday, August 4. The rating was initiated by Cowen & Co with "Outperform" on Tuesday, October 13. Moreover, Adell Harriman And Carpenter has 0% invested in Frontier Communications Corp (NASDAQ:FTR) for 50,966 shares. The firm has "Hold" rating given on Wednesday, November 2 by Deutsche Bank.

Investors sentiment decreased to 0.44 in 2016 Q4. Its down 0.27, from 1.24 in 2016Q3.

Want to see what other hedge funds are holding FTR?

These funds have shifted positions in (FTR). 774.61 million shares or 1.90% more from 760.15 million shares in 2016Q3 were reported. Mcmillion Capital Mngmt Incorporated owns 27,000 shares. Wealthtrust Axiom Llc owns 1.62% invested in Frontier Communications Corp (NASDAQ:FTR) for 1.32 million shares. Moreover, Assetmark has 0% invested in Frontier Communications Corp (NASDAQ:FTR). Cetera Ltd has 0.01% invested in Frontier Communications Corp (NASDAQ:FTR). Parametric Associates Ltd Llc holds 5.27 million shares. Com Of Vermont holds 0% of its portfolio in Frontier Communications Corp (NASDAQ:FTR) for 17 shares. Sanctuary Wealth Advsrs Limited Liability Company has invested 0% in Frontier Communications Corp (NASDAQ:FTR). During the same period in the previous year, the company posted ($0.29) earnings per share. 10,000 Frontier Communications Corp (NASDAQ:FTR) shares with value of $13,000 were bought by Gable Steve. Bokf Na holds 26,001 shares.

Since May 8, 2017, it had 5 insider purchases, and 0 insider sales for $118,541 activity. The insider Arndt Kenneth bought 13,000 shares worth $17,875. 50,000 shares valued at $65,750 were bought by Weslock Kathleen on Tuesday, May 16. The ex-dividend date of this dividend is Thursday, September 14th.

Short traders are feeling a little more bearish on Frontier Communications Corpora of late if you watch the increase in short interest. Lose 15% in February?" with publication date: "March 06, 2017.

More notable recent UnitedHealth Group Inc (NYSE:UNH) news were published by: Forbes.com which released: "UnitedHealth Group's Advisory Board Buy Boosts Insurer's Population Health Play" on August 30, 2017, also Investorplace.com with their article: "UnitedHealth Group Inc (UNH): What Can Investors Expect From New CEO?" published on August 31, 2017, Seekingalpha.com published: "Why UnitedHealth Group Is Still A Buy" on August 21, 2017. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the company's stock. Therefore 50% are positive. HSBC Holdings had 18 analyst reports since September 30, 2015 according to SRatingsIntel. The firm has "Hold" rating given on Monday, October 12 by Sandler O'Neill. The stock has "Outperform" rating by Bernstein on Thursday, June 16. The firm has "Neutral" rating given on Thursday, August 4 by M Partners. The firm has "Sell" rating by Citigroup given on Wednesday, March 9. Cantor Fitzgerald has "Buy" rating and $20500 target. Jefferies has "Buy" rating and $200 target. The company was upgraded on Wednesday, September 2 by Vetr. The firm has "Buy" rating given on Tuesday, November 8 by Citigroup.

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