Loral Space & Communications Inc (NASDAQ:LORL) 2017 Q4 Sentiment

May 20, 2018 - By reb123z

Loral Space & Communications Inc. (NASDAQ:LORL) Logo

Sentiment for Loral Space & Communications Inc (NASDAQ:LORL)

Loral Space & Communications Inc (NASDAQ:LORL) institutional sentiment decreased to 1 in Q4 2017. Its down -0.68, from 1.68 in 2017Q3. The ratio fall, as 36 institutional investors increased or opened new stock positions, while 36 sold and trimmed stakes in Loral Space & Communications Inc. The institutional investors in our partner’s database now have: 20.80 million shares, up from 20.65 million shares in 2017Q3. Also, the number of institutional investors holding Loral Space & Communications Inc in their top 10 stock positions decreased from 8 to 5 for a decrease of 3. Sold All: 2 Reduced: 34 Increased: 28 New Position: 8.

Loral Space & Communications Inc., a satellite communications company, provides satellite communications services to broadcast, telecom, corporate, and government clients worldwide. The company has market cap of $1.22 billion. As of December 31, 2016, the firm provided satellite services to its clients through a fleet of 15 in-orbit satellites; and owns the Canadian Ka-band payload on the ViaSat-1 satellite. It has a 9.17 P/E ratio. It also offers video distribution and direct-to-home video, as well as end-to-end communications services using satellite and hybrid satellite-ground networks; and broadcast services, including DTH, video distribution and contribution, and satellite transmission services for the broadcast of video news, sports, and live event coverage.

The stock increased 0.77% or $0.3 during the last trading session, reaching $39.4. About 28,220 shares traded. Loral Space & Communications Inc. (NASDAQ:LORL) has risen 7.35% since May 20, 2017 and is uptrending. It has underperformed by 4.20% the S&P500.

Mhr Fund Management Llc holds 16.82% of its portfolio in Loral Space & Communications Inc. for 8.53 million shares. Solus Alternative Asset Management Lp owns 1.84 million shares or 15.76% of their US portfolio. Moreover, Altalis Capital Management Llc has 5.2% invested in the company for 121,261 shares. The Texas-based Highland Capital Management Lp has invested 4.17% in the stock. Archer Capital Management L.P., a New York-based fund reported 217,539 shares.

More important recent Loral Space & Communications Inc. (NASDAQ:LORL) news were published by: Globenewswire.com which released: “Telesat First Quarter 2018 Conference Call” on April 26, 2018, also Streetinsider.com published article titled: “Omega’s 13F Shows Increase in Ocwen (OCN), Synchrony (SYF), United (UAL), Exits Zynga (ZNGA) (More…)”, Nasdaq.com published: “Telesat Reports Results for the Quarter Ended March 31, 2018” on May 03, 2018. More interesting news about Loral Space & Communications Inc. (NASDAQ:LORL) was released by: Seekingalpha.com and their article: “Loral Space & Communications’ (LORL) CEO Dan Goldberg on Q1 2018 Results – Earnings Call Transcript” with publication date: May 06, 2018.

Loral Space & Communications Inc. (NASDAQ:LORL) Institutional Positions Chart

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