Shenandoah Telecommunications Co Stock as Institutional Investors Exit

Shenandoah Telecommunications Company (NASDAQ:SHEN) Logo

Sentiment for Shenandoah Telecommunications Co (NASDAQ:SHEN)

Shenandoah Telecommunications Co (NASDAQ:SHEN) institutional sentiment decreased to 1.48 in 2018 Q4. Its down -0.13, from 1.61 in 2018Q3. The ratio dropped, as 80 active investment managers opened new or increased holdings, while 54 sold and reduced stakes in Shenandoah Telecommunications Co. The active investment managers in our partner’s database now have: 23.23 million shares, up from 22.27 million shares in 2018Q3. Also, the number of active investment managers holding Shenandoah Telecommunications Co in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 14 Reduced: 40 Increased: 45 New Position: 35.

Shenandoah Telecommunications Company, through its subsidiaries, provides regulated and unregulated telecommunications services to end-user clients and other telecommunications providers in Virginia, West Virginia, central Pennsylvania, western Maryland, and portions of Kentucky and Ohio. The company has market cap of $2.32 billion. It offers a suite of voice, video, and data communications services. It has a 50.12 P/E ratio. The firm operates in three divisions: Wireless, Cable, and Wireline.

The stock increased 0.50% or $0.23 during the last trading session, reaching $46.61. About 200,048 shares traded or 8.06% up from the average. Shenandoah Telecommunications Company (NASDAQ:SHEN) has risen 40.03% since March 17, 2018 and is uptrending. It has outperformed by 35.66% the S&P500.

Analysts await Shenandoah Telecommunications Company (NASDAQ:SHEN) to report earnings on May, 2. They expect $0.29 earnings per share, up 190.00 % or $0.19 from last year’s $0.1 per share. SHEN’s profit will be $14.45M for 40.18 P/E if the $0.29 EPS becomes a reality. After $0.30 actual earnings per share reported by Shenandoah Telecommunications Company for the previous quarter, Wall Street now forecasts -3.33 % negative EPS growth.

Crow Point Partners Llc holds 7.88% of its portfolio in Shenandoah Telecommunications Company for 975,000 shares. Teton Advisors Inc. owns 300,670 shares or 1.46% of their US portfolio. Moreover, Eam Investors Llc has 0.48% invested in the company for 40,083 shares. The New York-based S. Muoio & Co. Llc has invested 0.37% in the stock. Campbell & Co Investment Adviser Llc, a Maryland-based fund reported 6,328 shares.

Since January 1, 0001, it had 2 buys, and 5 sales for $1.56 million activity.

More notable recent Shenandoah Telecommunications Company (NASDAQ:SHEN) news were published by: Nasdaq.com which released: “Finger Motion Announces Up-Listing to OTC-QB and Funding Update – NASDAQ.com – Nasdaq” on February 26, 2019, also Techcrunch.com with their article: “NVIDIA and OpenAI’s capped returns – TechCrunch” published on March 12, 2019, Nasdaq.com published: “Bond market dog fight: An upstart takes on China’s official rating agencies – Nasdaq” on March 14, 2019. More interesting news about Shenandoah Telecommunications Company (NASDAQ:SHEN) were released by: Globenewswire.com and their article: “Shenandoah Telecommunications Announces Acquisition of Big Sandy Broadband, Inc. – GlobeNewswire” published on February 28, 2019 as well as Nasdaq.com‘s news article titled: “Shenandoah Telecommunications Co (SHEN) Ex-Dividend Date Scheduled for November 08, 2018 – Nasdaq” with publication date: November 07, 2018.

Shenandoah Telecommunications Company (NASDAQ:SHEN) Institutional Positions Chart

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