Ing Groep Nv decreased Frontier Communications Corp (FTR) stake by 86.82% reported in 2017Q2 SEC filing. Ing Groep Nv sold 972,874 shares as Frontier Communications Corp (FTR)’s stock declined 55.62%. The Ing Groep Nv holds 147,750 shares with $171,000 value, down from 1.12 million last quarter. Frontier Communications Corp now has $721.81M valuation. The stock increased 7.60% or $0.65 during the last trading session, reaching $9.2. About 5.08M shares traded or 54.86% up from the average. Frontier Communications Corporation (NASDAQ:FTR) has declined 70.56% since December 5, 2016 and is downtrending. It has underperformed by 87.26% the S&P500.
The stock decreased 0.10% or $0.01 during the last trading session, reaching $10.44. About 220,364 shares traded or 3.42% up from the average. PIMCO Income Strategy Fund II (PFN) has risen 17.88% since December 5, 2016 and is uptrending. It has outperformed by 1.18% the S&P500.
Investors sentiment decreased to 0.44 in Q2 2017. Its down 0.43, from 0.87 in 2017Q1. It fall, as 171 investors sold FTR shares while 118 reduced holdings. 39 funds opened positions while 88 raised stakes. 713.03 million shares or 0.95% less from 719.84 million shares in 2017Q1 were reported. Asset Mngmt holds 30,430 shares. Smithfield holds 585 shares or 0% of its portfolio. Bb&T reported 0% stake. 856,469 were reported by Texas Permanent School Fund. Louisiana State Employees Retirement System holds 0.02% or 306,000 shares in its portfolio. One Trading LP reported 381,151 shares. Guggenheim Cap Ltd Llc reported 0% stake. Private Trust Na holds 11,541 shares. Chem Comml Bank invested 0.01% of its portfolio in Frontier Communications Corporation (NASDAQ:FTR). Jefferies Grp Ltd Com has 0.02% invested in Frontier Communications Corporation (NASDAQ:FTR) for 2.15M shares. Ameritas Invest Ptnrs holds 0.03% of its portfolio in Frontier Communications Corporation (NASDAQ:FTR) for 449,395 shares. Nomura Asset Mngmt Company Limited stated it has 55,084 shares. Thompson Davis Communication holds 20 shares or 0% of its portfolio. Goodwin Daniel L accumulated 0.01% or 28,005 shares. Meridian Counsel has 0.36% invested in Frontier Communications Corporation (NASDAQ:FTR) for 518,548 shares.
Analysts await Frontier Communications Corporation (NASDAQ:FTR) to report earnings on February, 26. They expect $-1.12 EPS, down 86.67% or $0.52 from last year’s $-0.6 per share. After $-0.94 actual EPS reported by Frontier Communications Corporation for the previous quarter, Wall Street now forecasts 19.15% negative EPS growth.
Among 18 analysts covering Frontier Communications (NASDAQ:FTR), 3 have Buy rating, 4 Sell and 11 Hold. Therefore 17% are positive. Frontier Communications had 38 analyst reports since August 4, 2015 according to SRatingsIntel. On Wednesday, March 22 the stock rating was downgraded by Goldman Sachs to “Sell”. Cowen & Co maintained the shares of FTR in report on Wednesday, October 18 with “Hold” rating. The rating was maintained by Wells Fargo with “Hold” on Thursday, November 2. The rating was maintained by Raymond James on Tuesday, August 2 with “Outperform”. The firm has “Overweight” rating given on Wednesday, August 19 by Stephens. The company was maintained on Sunday, September 17 by RBC Capital Markets. The firm earned “Hold” rating on Thursday, November 9 by Gabelli. The firm has “Buy” rating by Jefferies given on Wednesday, August 2. RBC Capital Markets initiated it with “Sector Perform” rating and $6.0 target in Tuesday, September 22 report. Sandler O’Neill downgraded the shares of FTR in report on Monday, October 12 to “Hold” rating.
Ing Groep Nv increased Jabil Inc (NYSE:JBL) stake by 21,196 shares to 45,829 valued at $1.34 million in 2017Q2. It also upped Welltower Inc stake by 38,254 shares and now owns 68,730 shares. Us Bancorp Del (NYSE:USB) was raised too.
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