Institutional Investor Sentiment About Utstarcom Holdings Corp (NASDAQ:UTSI) Up

September 16, 2018 - By Benjamin Allen

Sentiment for Utstarcom Holdings Corp (NASDAQ:UTSI)

Utstarcom Holdings Corp (NASDAQ:UTSI) institutional sentiment increased to 0.88 in Q2 2018. Its up 0.03, from 0.85 in 2018Q1. The ratio is more positive, as 7 investment professionals increased and opened new equity positions, while 8 decreased and sold their stock positions in Utstarcom Holdings Corp. The investment professionals in our partner’s database reported: 1.57 million shares, down from 1.83 million shares in 2018Q1. Also, the number of investment professionals holding Utstarcom Holdings Corp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 6 Increased: 2 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 $137.11 million. The firm offers broadband packet optical transport and wireless/fixed-line access products and solutions. It has a 56.18 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.

It closed at $3.82 lastly. It is down 57.39% since September 16, 2017 and is uptrending. It has outperformed by 41.77% the S&P500.

Schneider Capital Management Corp holds 0.09% of its portfolio in UTStarcom Holdings Corp. for 109,175 shares. Renaissance Technologies Llc owns 1.17 million shares or 0.01% of their US portfolio. Moreover, Advisory Services Network Llc has 0% invested in the company for 3,529 shares. The France-based Axa has invested 0% in the stock. Bank Of America Corp De, a North Carolina-based fund reported 33 shares.

More news for UTStarcom Holdings Corp. (NASDAQ:UTSI) were recently published by: Investingnews.com, which released: “UTStarcom Signs Framework Agreement with Tongding Internet Information” on September 12, 2018. Globenewswire.com‘s article titled: “UTStarcom Signs Framework Agreement with Tongding Internet Information Co. Ltd.” and published on September 12, 2018 is yet another important article.

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