Rivulet Capital LLC Has Lifted Its Commscope Hldg Co INC (COMM) Position by $10.49 Million as Stock Value Rose

October 2, 2018 - By Hugh Holland

CommScope Holding Company, Inc. (NASDAQ:COMM) LogoInvestors sentiment decreased to 1.14 in Q2 2018. Its down 0.19, from 1.33 in 2018Q1. It worsened, as 46 investors sold COMM shares while 69 reduced holdings. 44 funds opened positions while 87 raised stakes. 193.46 million shares or 2.67% more from 188.43 million shares in 2018Q1 were reported. Cannell Peter B owns 305,174 shares. Citigroup Incorporated reported 2.25 million shares. Twin Tree Mngmt Ltd Partnership holds 5,171 shares or 0% of its portfolio. Japan-based Sumitomo Mitsui Trust Holdg has invested 0.02% in CommScope Holding Company, Inc. (NASDAQ:COMM). Moreover, Schwab Charles Investment Inc has 0.02% invested in CommScope Holding Company, Inc. (NASDAQ:COMM). Sumitomo Mitsui Asset Mgmt Limited holds 12,358 shares. Hsbc Holding Public Ltd Llc has invested 0% in CommScope Holding Company, Inc. (NASDAQ:COMM). Morgan Stanley invested in 671,730 shares or 0.01% of the stock. Wg Shaheen And Assoc Dba Whitney And stated it has 0% in CommScope Holding Company, Inc. (NASDAQ:COMM). Tower Rech Capital Limited Liability (Trc) has invested 0% of its portfolio in CommScope Holding Company, Inc. (NASDAQ:COMM). Numerixs Invest Technology Inc holds 0.04% or 6,400 shares. 81,121 were reported by British Columbia Investment. The New York-based Oppenheimer Asset Management has invested 0.05% in CommScope Holding Company, Inc. (NASDAQ:COMM). Toronto Dominion Bank & Trust holds 0% or 19,094 shares in its portfolio. Dimensional Fund Advsrs Lp reported 1.36 million shares stake.

Rivulet Capital Llc increased its stake in Commscope Hldg Co Inc (COMM) by 9.46% based on its latest 2018Q2 regulatory filing with the SEC. Rivulet Capital Llc bought 361,650 shares as the company’s stock rose 3.01% with the market. The hedge fund held 4.19 million shares of the technology company at the end of 2018Q2, valued at $122.23 million, up from 3.82M 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 $5.73B market cap company. The stock decreased 3.15% or $0.97 during the last trading session, reaching $29.79. About 3.27 million shares traded or 140.34% up from the average. CommScope Holding Company, Inc. (NASDAQ:COMM) has declined 8.63% since October 2, 2017 and is downtrending. It has underperformed by 24.25% the S&P500.

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

Among 8 analysts covering CommScope Holding Co (NASDAQ:COMM), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. CommScope Holding Co has $36 highest and $30.5 lowest target. $32.92’s average target is 10.51% above currents $29.79 stock price. CommScope Holding Co had 9 analyst reports since April 30, 2018 according to SRatingsIntel. The stock of CommScope Holding Company, Inc. (NASDAQ:COMM) has “Buy” rating given on Wednesday, May 2 by Citigroup. On Thursday, May 3 the stock rating was initiated by J.P. Morgan with “Hold”. The stock has “Hold” rating by Credit Suisse on Tuesday, June 19. Northland Capital upgraded the stock to “Outperform” rating in Wednesday, May 2 report. The stock of CommScope Holding Company, Inc. (NASDAQ:COMM) has “Hold” rating given on Monday, August 6 by Jefferies. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Monday, April 30 report.

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

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