Quantinno Capital Management LP Takes $53,000 Position in Consolidated Communications Holdings, Inc. (NASDAQ:CNSL)

Quantinno Capital Management LP bought a new position in shares of Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 11,331 shares of the utilities provider’s stock, valued at approximately $53,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Gardner Lewis Asset Management L P acquired a new position in Consolidated Communications during the 2nd quarter worth about $2,247,000. Trium Capital LLP acquired a new position in shares of Consolidated Communications in the second quarter worth approximately $680,000. Wolverine Asset Management LLC boosted its holdings in Consolidated Communications by 91.4% in the second quarter. Wolverine Asset Management LLC now owns 308,682 shares of the utilities provider’s stock valued at $1,358,000 after acquiring an additional 147,416 shares during the last quarter. Intech Investment Management LLC acquired a new stake in Consolidated Communications during the 2nd quarter valued at approximately $192,000. Finally, SG Americas Securities LLC raised its holdings in Consolidated Communications by 76.5% during the 3rd quarter. SG Americas Securities LLC now owns 42,966 shares of the utilities provider’s stock worth $199,000 after purchasing an additional 18,626 shares during the last quarter. 79.98% of the stock is owned by institutional investors.

Consolidated Communications Stock Down 0.4 %

Shares of NASDAQ CNSL opened at $4.68 on Wednesday. The company’s 50 day moving average price is $4.65 and its 200-day moving average price is $4.56. The company has a debt-to-equity ratio of 10.13, a quick ratio of 0.76 and a current ratio of 0.76. Consolidated Communications Holdings, Inc. has a 52-week low of $4.18 and a 52-week high of $4.72. The company has a market capitalization of $554.43 million, a P/E ratio of -2.28 and a beta of 0.98.

Consolidated Communications Company Profile

Consolidated Communications Holdings, Inc, together with its subsidiaries, provides broadband and business communication solutions for consumer, commercial, and carrier channels in the United States. It offers high-speed broadband Internet access, SIP trunking, and voice over Internet protocol (VoIP) phone services; commercial data connectivity services in various markets, including Ethernet services, private line data services, software defined wide area network, and multi-protocol label switching services; networking services; cloud-based services; and data center and disaster recovery solutions.