November 17, 2016 - By Pete Kolinski · 0 Comments
Utstarcom Holdings Corp (NASDAQ:UTSI) institutional sentiment decreased to 1.08 in 2016 Q2. Its down -0.02, from 1.1 in 2016Q1. The ratio dived, as 13 institutional investors started new and increased equity positions, while 12 sold and decreased stakes in Utstarcom Holdings Corp. The institutional investors in our partner’s database reported: 1.63 million shares, up from 1.42 million shares in 2016Q1. Also, the number of institutional investors holding Utstarcom Holdings Corp in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 7 Reduced: 5 Increased: 7 New Position: 6.
UTStarcom Holdings Corp. provides broadband products, solution and services. The company has a market cap of $76.88 million. The Firm delivers broadband transport and access and fixed line) products and solutions, optimized for mobile backhaul, metro aggregation, broadband access and Wi-Fi data offloading. It currently has negative earnings. The Company’s divisions include Equipment, which is focused on its equipment sales, including network infrastructure and application products, and Services, which is engaged in providing services and support of its equipment products and also the new operational support segment.
About 2,903 shares traded hands. UTStarcom Holdings Corp (NASDAQ:UTSI) has risen 12.09% since April 15, 2016 and is uptrending. It has outperformed by 7.46% the S&P500.
According to Zacks Investment Research, “UTStarcom Holdings Corp. is engaged in providing interactive Protocol based network solutions. The Company also provides integration and support services in Internet Protocol TV, Interactive TV, Internet TV and Broadband for cable and telecom operators. It designs and sells IP-based telecommunications infrastructure products including its primary product suite of IPTV, and broadband solutions along with the services relating to the installation, operation and maintenance of these products. UTStarcom Holdings Corp., formerly known as UTStarcom, Inc., is headquartered in Beijing, China.”
Schneider Capital Management Corp holds 0.17% of its portfolio in UTStarcom Holdings Corp for 462,488 shares. Tfs Capital Llc owns 20,927 shares or 0.01% of their US portfolio. Moreover, Advisory Services Network Llc has 0% invested in the company for 3,529 shares. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. Barclays Plc, a United Kingdom-based fund reported 17 shares.#img1#
UTStarcom Holdings Corp., incorporated in April 1, 2011, is engaged in providing broadband products, solution and services. The Firm is a global telecom infrastructure provider, and is focused on delivering broadband transport and access (both wireless fidelity (Wi-Fi) and fixed line) products and solutions, optimized for mobile backhaul, metro aggregation, broadband access and Wi-Fi data offloading. The Company’s divisions include Equipment and Services. The broadband product lines include family of packet transport network (PTN) products based on multi-protocol label switch transport profile (MPLS-TP) and carrier Ethernet (CE) technologies enhanced through in-house software-defined networking (SDN) platform to support the network evolution, and multi services access network (MSAN) platform. Wireless broadband access is represented by end-to-end Carrier Wi-Fi solution.
Another recent and important UTStarcom Holdings Corp (NASDAQ:UTSI) news was published by Marketwatch.com which published an article titled: “UTStarcom Holdings Corp.” on December 21, 2009.
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By Pete Kolinski