Belden Inc (NYSE:BDC): Institutional Investor Sentiment Up to 1.02

October 2, 2018 - By Adrian Erickson

Belden Inc. (NYSE:BDC) Logo

Sentiment for Belden Inc (NYSE:BDC)

Belden Inc (NYSE:BDC) institutional sentiment increased to 1.02 in 2018 Q2. Its up 0.01, from 1.01 in 2018Q1. The ratio has improved, as 99 investment professionals opened new and increased equity positions, while 97 sold and decreased positions in Belden Inc. The investment professionals in our partner’s database reported: 48.63 million shares, up from 44.62 million shares in 2018Q1. Also, the number of investment professionals holding Belden Inc in their top 10 equity positions increased from 2 to 5 for an increase of 3. Sold All: 27 Reduced: 70 Increased: 68 New Position: 31.

Belden Inc. designs, manufactures, and markets signal transmission solutions worldwide. The company has market cap of $2.87 billion. The Company’s Broadcast Solutions segment offers camera solutions, production switchers, server and storage systems for instant replay applications, interfaces and routers, monitoring systems, network and playout systems, plant connectivity products, and cable and connectivity products for television broadcast, cable, satellite, and IPTV industries. It has a 104.93 P/E ratio. The companyÂ’s Enterprise Connectivity Solutions segment provides copper cable and connectivity solutions, fiber cable and connectivity solutions, and racks and enclosures; and power, cooling, and airflow management products for mission-critical data center operations.

The stock decreased 0.34% or $0.24 during the last trading session, reaching $70.72. About 121,225 shares traded. Belden Inc. (NYSE:BDC) has declined 11.59% since October 2, 2017 and is downtrending. It has underperformed by 27.21% the S&P500.

Analysts await Belden Inc. (NYSE:BDC) to report earnings on November, 7. They expect $1.69 earnings per share, up 13.42 % or $0.20 from last year’s $1.49 per share. BDC’s profit will be $68.68 million for 10.46 P/E if the $1.69 EPS becomes a reality. After $1.52 actual earnings per share reported by Belden Inc. for the previous quarter, Wall Street now forecasts 11.18 % EPS growth.

Lapides Asset Management Llc holds 3.93% of its portfolio in Belden Inc. for 302,500 shares. Stanley Capital Management Llc owns 112,100 shares or 3.01% of their US portfolio. Moreover, Channing Capital Management Llc has 2.68% invested in the company for 1.24 million shares. The Massachusetts-based Ironwood Investment Management Llc has invested 1.45% in the stock. Delphi Management Inc Ma, a Massachusetts-based fund reported 34,012 shares.

Since January 1, 0001, it had 1 buy, and 1 sale for $90,815 activity.

Belden Inc. (NYSE:BDC) Institutional Positions Chart

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