Exclusive: R F Industries LTD Q2 2016 Institutional Investor Sentiment Worse Than Expected

November 16, 2016 - By Ellis Scott   ·   0 Comments

Exclusive: R F Industries LTD  Q2 2016 Institutional Investor Sentiment  Worse Than Expected

Sentiment for R F Industries LTD (NASDAQ:RFIL)

R F Industries LTD (NASDAQ:RFIL) institutional sentiment decreased to 0.5 in Q2 2016. Its down -3.00, from 3.5 in 2016Q1. The ratio dropped, as 4 active investment managers opened new or increased holdings, while 8 trimmed and sold stock positions in R F Industries LTD. The active investment managers in our partner’s database now have: 2.24 million shares, down from 4.38 million shares in 2016Q1. Also, the number of active investment managers holding R F Industries LTD in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 4 Increased: 2 New Position: 2.

RF Industries, Ltd. designs, manufactures and markets interconnect products and systems, including coaxial and specialty cables, and fiber optic cables. The company has a market cap of $11.57 million. The Company’s divisions include RF Connector and Cable Assembly, Medical Cabling and Interconnector, and Custom Cabling Manufacturing and Assembly. It currently has negative earnings.

About 33,485 shares traded hands or 60.09% up from the average. RF Industries, Ltd. (NASDAQ:RFIL) has declined 36.65% since April 14, 2016 and is downtrending. It has underperformed by 41.34% the S&P500.

According to Zacks Investment Research, “RF INDUSTRIES LTD. is engaged in the design, manufacture and distribution of coaxial connectors used in radio communications applications as well as in computers, test instruments, PC LANS and antenna devices.”

Park Circle Co holds 0.36% of its portfolio in RF Industries, Ltd. for 226,124 shares. North Star Investment Management Corp. owns 308,013 shares or 0.12% of their US portfolio. Moreover, Grt Capital Partners L.L.C. has 0.05% invested in the company for 93,947 shares. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. Blackrock Fund Advisors, a California-based fund reported 4,797 shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider buys, and 1 insider sale for $5,340 net activity.

RFIL Company Profile

RF Industries, Ltd., incorporated on November 13, 1979, is engaged in the design, manufacture and marketing of interconnect products and systems, including coaxial and specialty cables, fiber optic cables and connectors, and electrical and electronic specialty cables. The Company’s divisions include RF Connector and Cable Assembly segment, Medical Cabling and Interconnector segment and Custom Cabling Manufacturing and Assembly. The Firm operates through five divisions, which include Connector and Cable Assembly Division, which designs, makes and distributes coaxial connectors and cable assemblies that are integrated with coaxial connectors; the Bioconnect Division, which makes and distributes cabling and interconnect products to the medical monitoring market; Cables Unlimited Division, which operates through Cables Unlimited, Inc. (Cables Unlimited), a subsidiary of the Company; Comnet Telecom Supply Division, which operates through Comnet Telecom Supply, Inc. (Comnet Telecom), a subsidiary of the Company, and the Rel-Tech Electronics Division, which operates through Rel-Tech Electronics, Inc. (Rel-Tech), another subsidiary of the Company. The RF Connector and Cable Assembly segment consists of the Connector and Cable Assembly division; the Cables Unlimited, Comnet and Rel-Tech divisions constitute the Custom Cabling Manufacturing and Assembly segment. The Bioconnect Division comprises the Medical Cabling and Interconnector segment.

More notable recent RF Industries, Ltd. (NASDAQ:RFIL) news were published by: Prnewswire.com which released: “Johnny Walker, RF Industries’ President and CEO, Steps Down” on October 25, 2016, also Prnewswire.com with their article: “RF Industries Reports Third Quarter Results” published on September 14, 2016, Prnewswire.com published: “RF Industries, Ltd. Purchases Innovative Connector Technology for Braided …” on May 20, 2015. More interesting news about RF Industries, Ltd. (NASDAQ:RFIL) were released by: Prnewswire.com and their article: “RF Industries Acquires Rel-Tech Electronics, Inc.” published on June 05, 2015 as well as Prnewswire.com‘s news article titled: “RF Industries Reports First Quarter Results” with publication date: March 21, 2016.

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By Ellis Scott

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