November 18, 2016 - By Pete Kolinski · 0 Comments
Voltari Corp (NASDAQ:VLTC) institutional sentiment increased to 3.67 in 2016 Q2. Its up 2.67, from 1 in 2016Q1. The ratio improved, as 7 active investment managers increased and started new positions, while 7 sold and decreased stakes in Voltari Corp. The active investment managers in our partner’s database now have: 5.16 million shares, up from 5.11 million shares in 2016Q1. Also, the number of active investment managers holding Voltari Corp in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 1 Reduced: 6 Increased: 2 New Position: 5.
Voltari Corporation is engaged in the business of acquiring, financing and leasing commercial real properties. The company has a market cap of $29.41 million. The Firm owns approximately one commercial real property in Long Branch, New Jersey, which it leases to JPMorgan Chase Bank, N.A. pursuant to a triple net lease (the Long Branch Lease). It currently has negative earnings. The Firm intends to acquire additional properties primarily in the Northeast United States.
About 29,883 shares traded hands. Voltari Corp (NASDAQ:VLTC) has declined 39.76% since April 18, 2016 and is downtrending. It has underperformed by 44.19% the S&P500.
According to Zacks Investment Research, “Voltari Corporation offers mobile data service solutions through service platform. The Company provides mobile advertising, mobile marketing, mobile merchandising and predictive analytics solutions to mobile operators, consumer brands and advertising agencies. Voltari Corporation is headquartered in New York.”
Icahn Carl C holds 0.08% of its portfolio in Voltari Corp for 4.74 million shares. A.R.T. Advisors Llc owns 27,041 shares or 0% of their US portfolio. Moreover, American Financial Group Inc has 0% invested in the company for 14,130 shares. The North Carolina-based Bank Of America Corp De has invested 0% in the stock. Bank Of Montreal Can, a Ontario – Canada-based fund reported 10,000 shares.#img1#
Voltari Corporation, incorporated on December 14, 2012, is engaged in the business of acquiring, financing and leasing commercial real properties. The Firm owns approximately one commercial real property in Long Branch, New Jersey, which it leases to JPMorgan Chase Bank, N.A. (Chase) pursuant to a triple net lease (the Long Branch Lease). The Firm intends to acquire additional properties primarily in the Northeast United States.
More recent Voltari Corp (NASDAQ:VLTC) news were published by: Quotes.Wsj.com which released: “News Voltari Corp.VLTC” on April 12, 2013. Also Reuters.com published the news titled: “BRIEF-Voltari Corp says Andreea Paraschivoiu notified that she will resign…” on November 04, 2016. Investorplace.com‘s news article titled: “How Carl Icahn Sent Voltari Stock Up Nearly 500% in April (VLTC)” with publication date: April 09, 2015 was also an interesting one.
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By Pete Kolinski