Shares of Frontier Communications Corporation (NASDAQ:FTR) Sees Large Inflow

The firm now has an outperform rating on the stock.

Commonwealth Opportunity Capital Gp Llc is another bullish fund who is having 1.60M shares of Frontier Communications Corporation or 2.24% of their portfolio. 26,588,605 shares of the company’s stock were exchanged.

The price to earnings ratio, or the valuation ratio of a company’s current share price compared to its per-share earnings sits at 6.90. Frontier Communications Corporation has a 52 week low of $4.19 and a 52 week high of $8.46.

Now the company Insiders own 0.78% of Frontier Communications Corporation Company shares.

Digital Turbine, Inc. (NASDAQ:APPS) is next slated to report quarterly results on 2015-11-12 where the Street is anticipating earnings per share of $-0.1. The firm earned $1.37 billion during the quarter, compared to analyst estimates of $1.37 billion. The company’s revenue for the quarter was down 4.4% on a year-over-year basis.

Frontier Communications Corp (NASDAQ:FTR) last announced its quarterly earnings data on Monday, August 3rd. Investors of record on Tuesday, September 15th will be given a $0.105 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 7.89%. “However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself”. Deutsche Bank reaffirmed a buy rating and issued a $25.00 target price on shares of Nuance Communications in a research note on Wednesday, July 22nd. The highest target is $9 and the lowest is $5 according to Thomson/First Call. Gabelli raised shares of Frontier Communications Corp from a hold rating to a buy rating in a research note on Wednesday, June 10th. Finally, BMO Capital Markets boosted their target price on shares of Crown Holdings to $56.00 and gave the stock a market perform rating in a research report on Saturday, July 18th. The shares opened for trading at $5.22 and hit $5.36 on the upside, eventually ending the session at $5.32, with a gain of 1.92% or 0.1 points. The company’s 50-day moving average price is $5.18 and its 200 day moving average price is $5.85.

Frontier Communications Corporation is a communications company. The Company offers its solutions to its customers in a range of ways, including through hosting, products, professional services and maintenance and support. CenturyLink now offers gigabit Internet service to residential and small business consumers in parts of 17 states and, by the end of 2015, should have over 700,000 households across the country enabled with fiber-to-the-home (FTTH) technology capable of uploading and downloading information at speeds up to 1 Gbps. Company is conducted by it with both business and residential customers, plus it provides the last mile of communications services to customers in these markets. “Frontier Secure Broadband combines the best of voice and data communications, coupled with device security and cloud storage, into one streamlined offering so our business consumers can spend more time running their businesses”.