Loral Space and Communications, Inc. (LORL) Shares Bought by Aperio Group LLC

Aperio Group LLC boosted its position in shares of Loral Space and Communications, Inc. (NASDAQ:LORL) by 31.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 12,963 shares of the communications equipment provider’s stock after purchasing an additional 3,099 shares during the quarter. Aperio Group LLC owned 0.06% of Loral Space and Communications worth $642,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Voya Investment Management LLC lifted its position in shares of Loral Space and Communications by 20.2% in the second quarter. Voya Investment Management LLC now owns 6,350 shares of the communications equipment provider’s stock worth $264,000 after purchasing an additional 1,068 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of Loral Space and Communications in the second quarter worth $282,000. BW Gestao de Investimentos Ltda. lifted its position in shares of Loral Space and Communications by 9.3% in the second quarter. BW Gestao de Investimentos Ltda. now owns 8,288 shares of the communications equipment provider’s stock worth $344,000 after purchasing an additional 703 shares in the last quarter. Legal & General Group Plc lifted its position in shares of Loral Space and Communications by 43.5% in the second quarter. Legal & General Group Plc now owns 11,425 shares of the communications equipment provider’s stock worth $475,000 after purchasing an additional 3,463 shares in the last quarter. Finally, Susquehanna International Group LLP lifted its position in shares of Loral Space and Communications by 172.7% in the second quarter. Susquehanna International Group LLP now owns 11,712 shares of the communications equipment provider’s stock worth $487,000 after purchasing an additional 27,812 shares in the last quarter. Hedge funds and other institutional investors own 68.19% of the company’s stock.

Separately, BidaskClub lowered shares of Loral Space and Communications from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 12th.

Loral Space and Communications, Inc. (NASDAQ:LORL) traded down $0.55 during midday trading on Friday, reaching $43.90. 25,652 shares of the company’s stock traded hands, compared to its average volume of 45,870. The company has a debt-to-equity ratio of 0.28, a current ratio of 5.54 and a quick ratio of 5.54. Loral Space and Communications, Inc. has a 1 year low of $36.80 and a 1 year high of $51.75. The company has a market capitalization of $1,367.19, a price-to-earnings ratio of 27.97 and a beta of 1.28.

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Loral Space and Communications Company Profile

Loral Space & Communications Inc is a satellite communications company. The Company, through its ownership interests in affiliates, is engaged in satellite-based communications services. The Company participates in satellite services operations through its interest in Telesat Holdings Inc, which owns Telesat Canada (Telesat), a global fixed satellite services (FSS) operator, with offices and facilities around the world.

Institutional Ownership by Quarter for Loral Space and Communications (NASDAQ:LORL)

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