Invictus RG bought a new position in shares of Maxar Technologies Ltd. (NYSE:MAXR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,687 shares of the company’s stock, valued at approximately $237,000.
Other hedge funds have also added to or reduced their stakes in the company. Alliancebernstein L.P. purchased a new position in Maxar Technologies in the 4th quarter worth about $277,000. White Pine Capital LLC bought a new stake in shares of Maxar Technologies in the 4th quarter valued at about $217,000. Barometer Capital Management Inc. bought a new stake in shares of Maxar Technologies in the 4th quarter valued at about $463,000. Bbva Compass Bancshares Inc. bought a new stake in shares of Maxar Technologies in the 4th quarter valued at about $238,000. Finally, Suntrust Banks Inc. acquired a new stake in Maxar Technologies in the 4th quarter worth approximately $208,000. Institutional investors and hedge funds own 67.06% of the company’s stock.
Shares of Maxar Technologies Ltd. (NYSE MAXR) opened at $43.95 on Friday. The company has a quick ratio of 0.75, a current ratio of 0.86 and a debt-to-equity ratio of 1.46. Maxar Technologies Ltd. has a fifty-two week low of $43.92 and a fifty-two week high of $67.30. The firm has a market capitalization of $2,625.39 and a P/E ratio of 16.40.
Maxar Technologies (NYSE:MAXR) last released its quarterly earnings data on Thursday, February 22nd. The company reported $0.29 earnings per share (EPS) for the quarter. Maxar Technologies had a return on equity of 8.14% and a net margin of 5.70%. The firm had revenue of $429.23 million during the quarter. sell-side analysts predict that Maxar Technologies Ltd. will post 4.59 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Thursday, March 15th will be given a dividend of $0.2946 per share. This represents a $1.18 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date is Wednesday, March 14th. Maxar Technologies’s dividend payout ratio is presently 62.90%.
A number of equities analysts have issued reports on MAXR shares. Credit Suisse Group lowered shares of Maxar Technologies from an “outperform” rating to a “neutral” rating and set a $52.00 price target for the company. in a research report on Thursday. Scotiabank cut their target price on shares of Maxar Technologies from $67.00 to $60.00 and set an “outperform” rating for the company in a report on Wednesday, March 7th. Zacks Investment Research raised shares of Maxar Technologies from a “strong sell” rating to a “hold” rating in a report on Thursday, March 1st. TD Securities lowered their target price on shares of Maxar Technologies from $73.00 to $69.00 and set a “buy” rating on the stock in a research note on Monday, March 5th. Finally, National Bank Financial lowered their price target on shares of Maxar Technologies from $70.85 to $60.00 and set a “sector perform” rating on the stock in a research report on Monday, February 26th. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Maxar Technologies has an average rating of “Buy” and a consensus price target of $63.83.
COPYRIGHT VIOLATION WARNING: “Invictus RG Takes Position in Maxar Technologies Ltd. (MAXR)” was reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of international trademark & copyright laws. The original version of this news story can be read at https://www.dispatchtribunal.com/2018/03/16/3687-shares-in-maxar-technologies-ltd-maxr-acquired-by-invictus-rg.html.
Maxar Technologies Profile
Maxar Technologies Ltd., a communications and information company, provides operational solutions to commercial and government organizations worldwide. The company operates in two segments, Communications, and Surveillance and Intelligence. The Communications segment offers solutions for the delivery of a range of services, including television and radio distribution, broadband Internet, and mobile communications.
Receive News & Ratings for Maxar Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maxar Technologies and related companies with MarketBeat.com's FREE daily email newsletter.