Discussion stirs around Oclaro, Inc. (NASDAQ:OCLR) this week; here is what analysts are saying.

September 16, 2018 - By Mary Markley

Oclaro, Inc. (NASDAQ:OCLR) LogoInvestors sentiment increased to 1.04 in 2018 Q2. Its up 0.31, from 0.73 in 2018Q1. It is positive, as 24 investors sold Oclaro, Inc. shares while 57 reduced holdings. 33 funds opened positions while 51 raised stakes. 106.05 million shares or 5.49% less from 112.22 million shares in 2018Q1 were reported.
Teacher Retirement Of Texas holds 0% or 34,375 shares in its portfolio. Two Sigma Securities Lc has invested 0% in Oclaro, Inc. (NASDAQ:OCLR). Alabama-based Oakworth has invested 0% in Oclaro, Inc. (NASDAQ:OCLR). Comml Bank Of New York Mellon Corporation invested 0.01% of its portfolio in Oclaro, Inc. (NASDAQ:OCLR). Bnp Paribas Arbitrage Sa holds 62,597 shares or 0% of its portfolio. Stone Ridge Asset Mgmt Lc holds 0.01% or 13,000 shares. New York State Teachers Retirement holds 79,544 shares or 0% of its portfolio. Us Bancorp De has invested 0% in Oclaro, Inc. (NASDAQ:OCLR). 389,223 were reported by Wells Fargo Mn. Thompson Siegel And Walmsley Ltd Liability Corporation, a Virginia-based fund reported 2,386 shares. Hsbc Hldg Public Limited Company reported 0.01% in Oclaro, Inc. (NASDAQ:OCLR). Peconic Partners Lc, a New York-based fund reported 15,000 shares. Great West Life Assurance Can invested in 0% or 225,512 shares. Nj State Employees Deferred Compensation Plan holds 50,000 shares. Susquehanna Gp Ltd Liability Partnership reported 0% stake.

Oclaro, Inc. (NASDAQ:OCLR) Ratings Coverage

Among 4 analysts covering Oclaro (NASDAQ:OCLR), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Oclaro had 5 analyst reports since March 19, 2018 according to SRatingsIntel. Northland Capital maintained it with “Buy” rating and $11.2500 target in Tuesday, April 17 report. The stock of Oclaro, Inc. (NASDAQ:OCLR) earned “Buy” rating by Northland Capital on Monday, March 19. The rating was maintained by Morgan Stanley on Wednesday, April 11 with “Equal-Weight”. The stock has “Neutral” rating by FBR Capital on Wednesday, May 9. Below is a list of Oclaro, Inc. (NASDAQ:OCLR) latest ratings and price target changes.

11/06/2018 Broker: DA Davidson Old Rating: Buy New Rating: Buy New Target: $9 Terminates
09/05/2018 Broker: FBR Capital Old Rating: Neutral New Rating: Neutral Old Target: $10 New Target: $9.5 Maintain
17/04/2018 Broker: Northland Capital Rating: Buy New Target: $11.2500 Maintain
11/04/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $8 New Target: $10 Maintain
19/03/2018 Broker: Northland Capital Rating: Buy New Target: $11.5 Maintain

The stock increased 0.66% or $0.06 during the last trading session, reaching $9.09. About 1.00M shares traded. Oclaro, Inc. (NASDAQ:OCLR) has risen 6.59% since September 16, 2017 and is uptrending. It has underperformed by 9.03% the S&P500.

Oclaro, Inc. designs, manufactures, and markets optical components, modules, and subsystems for the long-haul, metro, and data center markets worldwide. The company has market cap of $1.55 billion. The companyÂ’s products generate, detect, combine, and separate light signals in optical communications networks. It has a 25.25 P/E ratio. It offers client side transceivers, including pluggable transceivers; line side transceivers; tunable laser transmitters, such as discrete lasers and co-packaged laser modulators; lithium niobate modulators to manipulate the phase or the amplitude of an optical signal; transponder modules for transmitter and receiver functions; and discrete lasers and receivers for metro and long-haul applications.

Oclaro, Inc. (NASDAQ:OCLR) Institutional Positions Chart

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