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

June 13, 2018 - By Hazel Jackson

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 0.6 in 2018 Q1. Its down -0.40, from 1 in 2017Q4. The ratio fall, as 26 institutional investors opened new and increased positions, while 43 sold and decreased stock positions in Loral Space & Communications Inc. The institutional investors in our partner’s database now own: 20.18 million shares, down from 20.80 million shares in 2017Q4. Also, the number of institutional investors holding Loral Space & Communications Inc in their top 10 positions was flat from 5 to 5 for the same number . Sold All: 10 Reduced: 33 Increased: 21 New Position: 5.

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 $1.18 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 8.88 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 0.13% or $0.05 during the last trading session, reaching $38.15. About 30,320 shares traded. Loral Space & Communications Inc. (NASDAQ:LORL) has 0.00% since June 13, 2017 and is . It has underperformed by 12.57% the S&P500.

Mhr Fund Management Llc holds 19% of its portfolio in Loral Space & Communications Inc. for 8.53 million shares. Solus Alternative Asset Management Lp owns 1.81 million shares or 11.34% of their US portfolio. Moreover, Altalis Capital Management Llc has 6.33% invested in the company for 124,482 shares. The New York-based Archer Capital Management L.P. has invested 4.81% in the stock. Highland Capital Management Lp, a Texas-based fund reported 2.06 million shares.

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

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