Utstarcom Holdings Corp Institutional Investor Sentiment Up in 2017 Q2

December 8, 2017 - By Michael Collier

 Utstarcom Holdings Corp Institutional Investor Sentiment  Up in  2017 Q2

Sentiment for Utstarcom Holdings Corp (NASDAQ:UTSI)

Utstarcom Holdings Corp (NASDAQ:UTSI) institutional sentiment increased to 2.4 in Q2 2017. Its up 1.18, from 1.22 in 2017Q1. The ratio is better, as 12 institutional investors started new and increased holdings, while 5 cut down and sold stakes in Utstarcom Holdings Corp. The institutional investors in our partner’s database now possess: 2.09 million shares, up from 1.66 million shares in 2017Q1. Also, the number of institutional investors holding Utstarcom Holdings Corp in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 1 Increased: 7 New Position: 5.

UTStarcom Holdings Corp., together with its subsidiaries, operates as a telecom infrastructure well-known provider to develop technology for bandwidth from cloud services, mobile, streaming, and other applications. The company has market cap of $184.69 million. The firm offers broadband packet optical transport and wireless/fixed-line access products and solutions. It has a 32.97 P/E ratio. It focuses on delivering carrier-class broadband transport and access products and solutions optimized for mobile backhaul, metro aggregation, broadband access, and Wi-Fi data offloading.

The stock increased 0.19% or $0.01 during the last trading session, reaching $5.21. About 163,296 shares traded. UTStarcom Holdings Corp. (NASDAQ:UTSI) has risen 6.47% since December 8, 2016 and is uptrending. It has underperformed by 10.23% the S&P500.

Schneider Capital Management Corp holds 0.24% of its portfolio in UTStarcom Holdings Corp. for 516,490 shares. Spark Investment Management Llc owns 48,700 shares or 0.01% of their US portfolio. Moreover, Advisory Services Network Llc has 0% invested in the company for 3,529 shares. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. Barclays Plc, a United Kingdom-based fund reported 17 shares.#img1#

More notable recent UTStarcom Holdings Corp. (NASDAQ:UTSI) news were published by: Globenewswire.com which released: “UTStarcom Announces Withdrawal of Preliminary Non-Binding Proposal to Acquire …” on October 25, 2017, also Globenewswire.com with their article: “UTStarcom Announces Change to its Board of Directors” published on November 23, 2017, Globenewswire.com published: “UTStarcom Announces Receipt of a Preliminary Non-Binding Proposal to Acquire …” on March 31, 2017. More interesting news about UTStarcom Holdings Corp. (NASDAQ:UTSI) were released by: Globenewswire.com and their article: “UTStarcom Holdings Corp. Special Committee Retains Financial Advisor and Legal …” published on April 19, 2017 as well as Globenewswire.com‘s news article titled: “UTStarcom Reports Unaudited Financial Results for the First Half of 2017” with publication date: October 16, 2017.

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