As Cogent Communications Hldgs (CCOI) Market Value Rose, Mig Capital LLC Trimmed Its Holding by $9.82 Million

Cogent Communications Holdings, Inc. (NASDAQ:CCOI) LogoInvestors sentiment decreased to 1.2 in Q2 2019. Its down 0.37, from 1.57 in 2019Q1. It dropped, as 13 investors sold CCOI shares while 62 reduced holdings. 31 funds opened positions while 59 raised stakes. 39.90 million shares or 1.46% less from 40.49 million shares in 2019Q1 were reported. Gotham Asset Ltd Liability Corporation holds 0.03% or 36,185 shares in its portfolio. Jpmorgan Chase & Communication accumulated 224,184 shares. Raymond James Assoc has 18,516 shares. Arizona State Retirement holds 64,724 shares. State Board Of Administration Of Florida Retirement Sys owns 20,234 shares for 0% of their portfolio. Everence Cap Mngmt Inc holds 0.06% or 6,040 shares in its portfolio. Ameriprise Finance Inc has invested 0.01% in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). Central Secs owns 200,000 shares or 1.81% of their US portfolio. 1.26 million are owned by State Street. The Michigan-based Ls Invest Ltd Liability Corporation has invested 0% in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). 4,766 are owned by Perigon Wealth Mgmt Ltd Liability Com. Advisory Llc reported 0% of its portfolio in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). Loomis Sayles & LP accumulated 753,474 shares or 0.08% of the stock. 14,290 were reported by Commonwealth Of Pennsylvania Public School Empls Retrmt Systems. Ranger Inv Mngmt Lp holds 0.95% of its portfolio in Cogent Communications Holdings, Inc. (NASDAQ:CCOI) for 235,850 shares.

Mig Capital Llc decreased its stake in Cogent Communications Hldgs (CCOI) by 16.81% based on its latest 2019Q2 regulatory filing with the SEC. Mig Capital Llc sold 166,415 shares as the company’s stock rose 14.15% . The hedge fund held 823,386 shares of the technology company at the end of 2019Q2, valued at $48.88M, down from 989,801 at the end of the previous reported quarter. Mig Capital Llc who had been investing in Cogent Communications Hldgs for a number of months, seems to be less bullish one the $2.69 billion market cap company. The stock decreased 1.92% or $1.13 during the last trading session, reaching $57.71. About 202,100 shares traded. Cogent Communications Holdings, Inc. (NASDAQ:CCOI) has risen 21.29% since September 13, 2018 and is uptrending. It has outperformed by 21.29% the S&P500.

Analysts await Cogent Communications Holdings, Inc. (NASDAQ:CCOI) to report earnings on November, 7. They expect $0.18 earnings per share, 0.00 % or $0.00 from last year’s $0.18 per share. CCOI’s profit will be $8.39M for 80.15 P/E if the $0.18 EPS becomes a reality. After $0.16 actual earnings per share reported by Cogent Communications Holdings, Inc. for the previous quarter, Wall Street now forecasts 12.50 % EPS growth.

More notable recent Cogent Communications Holdings, Inc. (NASDAQ:CCOI) news were published by: Prnewswire.com which released: “Cogent Communications to Host Second Quarter Earnings Call on August 8, 2019 – PRNewswire” on July 17, 2019, also Finance.Yahoo.com with their article: “We Wouldn’t Be Too Quick To Buy Cogent Communications Holdings, Inc. (NASDAQ:CCOI) Before It Goes Ex-Dividend – Yahoo Finance” published on August 17, 2019, Seekingalpha.com published: “Apple, IBM, Costco among those expected to raise payouts next week – Seeking Alpha” on April 26, 2019. More interesting news about Cogent Communications Holdings, Inc. (NASDAQ:CCOI) were released by: Nasdaq.com and their article: “How to Invest in Telecommunications – Nasdaq” published on September 27, 2017 as well as Nasdaq.com‘s news article titled: “Cogent Communications Holdings is Now Oversold – Nasdaq” with publication date: August 08, 2019.

Cogent Communications Holdings, Inc. (NASDAQ:CCOI) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.