Loral Space & Communications Inc: Highland Capital Management Fund Advisors Makes Purchase

February 15, 2018 - By Henry Gaston

 Loral Space & Communications Inc: Highland Capital Management Fund Advisors Makes Purchase

Investors sentiment increased to 1.68 in 2017 Q3. Its up 0.82, from 0.86 in 2017Q2. It improved, as 6 investors sold Loral Space & Communications Inc. shares while 19 reduced holdings. 10 funds opened positions while 32 raised stakes. 20.65 million shares or 1.27% more from 20.40 million shares in 2017Q2 were reported.

Vanguard Group holds 1.03M shares or 0% of its portfolio. Pointstate L P has 0.05% invested in Loral Space & Communications Inc. (NASDAQ:LORL) for 127,445 shares. Invesco Limited holds 13,089 shares or 0% of its portfolio. Susquehanna Grp Limited Liability Partnership has 0% invested in Loral Space & Communications Inc. (NASDAQ:LORL) for 18,245 shares. Tower Research Capital Ltd Liability (Trc) reported 718 shares or 0% of all its holdings. Asset Mngmt One Ltd has invested 0% in Loral Space & Communications Inc. (NASDAQ:LORL). Blackrock owns 778,092 shares for 0% of their portfolio. Rhumbline Advisers reported 16,474 shares. Bank Of Montreal Can accumulated 627 shares. Deutsche Bankshares Ag accumulated 13,700 shares. 2.06M are held by Highland Cap Management Limited Partnership. Citadel Limited Liability Co has invested 0% in Loral Space & Communications Inc. (NASDAQ:LORL). Manufacturers Life Insur Co The invested 0% in Loral Space & Communications Inc. (NASDAQ:LORL). Walthausen & Ltd Liability holds 0.31% in Loral Space & Communications Inc. (NASDAQ:LORL) or 67,826 shares. Croft stated it has 8,800 shares or 0.1% of all its holdings.

The New Highland Capital Management Fund Advisors Holding in Loral Space & Communications Inc

Highland Capital Management Fund Advisors reported SC 13G/A form with the SEC for Loral Space & Communications Inc. Access it here: 000119312518045719. As reported by Highland Capital Management Fund Advisors, the filler owns 9.6% or 2,062,358 shares of the Information Technology–company.

Loral Space & Communications Inc stake is new for [reportingPerson]. Date of activity: December31, 2017. This shows Highland Capital Management Fund Advisors’s positive view for Loral Space & Communications Inc.

Loral Space & Communications Inc Institutional Sentiment

Filings show 89 investors own Loral Space & Communications Inc. The ownership in Q3 2015 is high, at Infinity of the outstanding shares. This is increased by 518465. 20451500 were owned by these investors. 7 funds opened new Loral Space & Communications Inc stakes, 37 increased positions. There were 16 that closed positions and 28 reduced them.

5 investors had the stock in their top 10. Some are: Solus Alternative Asset Management Lp, Highland Capital Management Lp, Mhr Fund Management Llc, Quadrant Capital Management Llc, Nokomis Capital L.L.C., Archer Capital Management L.P., Glacier Peak Capital Llc, Altalis Capital Management Llc..

James Dondero Highland Capital Management Lp is an investor bullish on Loral Space & Communications Inc, owning 2119329 shares as of Q3 2015 for 2.91% of its portfolio. Spencer M. Waxman Shannon River Fund Management Llc owns 842218 shares or 7.37% of its portfolio. NY Mhr Fund Management Llc have 17.95% of its portfolio for 8129719 shares. Further, Solus Alternative Asset Management Lp reported stake worth 14.96% of its portfolio. The NY Anandar Capital Management Lp owns 113683 shares. Loral Space & Communications Inc is 1.40% of its portfolio.

Business Profile

Loral Space & Communications Inc. is a satellite communications company. The Company, through its ownership interests in affiliates, is engaged in satellite-based communications services. The Company participates in satellite services operations through its interest in Telesat Holdings Inc., which owns Telesat Canada (Telesat), a global fixed satellite services (FSS) operator, with offices and facilities around the world. Telesat’s broadcast services business include direct to home services; video distribution and contribution, and occasional use services. Telesat owns and leases a satellite fleet that operates in geosynchronous earth orbit. Telesat’s enterprise services include telecommunication carrier and integrator services; government services; Consumer broadband services; resource services; maritime and aeronautical services; retail services, and satellite operator services. Telesat is a consultant in establishing, operating and upgrading satellite systems around the world.

SEC Form 13G.

The stock decreased 0.44% or $0.2 during the last trading session, reaching $45.15. About 23,805 shares traded. Loral Space & Communications Inc. (NASDAQ:LORL) has risen 8.44% since February 15, 2017 and is uptrending. It has underperformed by 8.26% the S&P500.

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 $1.40 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 17.19 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.

Another recent and important Loral Space & Communications Inc. (NASDAQ:LORL) news was published by Marketwatch.com which published an article titled: “Loral Space & Communications Inc.” on August 19, 2017.

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