Frontier Communications (FTR) Reaches $13.58 After 8.00% Down Move; Gain Capital Holdings (GCAP) Sentiment Is 1

September 13, 2017 - By Adrian Erickson

The stock of Frontier Communications Corp (NASDAQ:FTR) is a huge mover today! About 901,132 shares traded. Frontier Communications Corp (NASDAQ:FTR) has declined 70.56% since September 13, 2016 and is downtrending. It has underperformed by 87.26% the S&P500.The move comes after 9 months negative chart setup for the $1.07B company. It was reported on Sep, 13 by Barchart.com. We have $12.49 PT which if reached, will make NASDAQ:FTR worth $85.60 million less.

GAIN Capital Holdings, Inc. is a well-known provider of trading services and solutions, specializing in over-the-counter (OTC) and exchange-traded markets. The company has market cap of $306.13 million. The Company’s divisions include Retail segment, Institutional segment and Futures segment. It has a 28.68 P/E ratio. Through its retail segment, the Company provides its retail clients across the world with access to a range of global financial markets, including spot forex, precious metals, spread bets and contracts for difference (CFDs) on commodities, indices, individual equities and interest rate products, as well OTC options on forex.

Since January 1, 0001, it had 0 insider buys, and 5 insider sales for $640,417 activity.

Signia Capital Management Llc holds 4.98% of its portfolio in Gain Capital Holdings Inc for 519,036 shares. Lombardia Capital Partners Llc owns 885,291 shares or 0.6% of their US portfolio. Moreover, William Harris Investors Inc has 0.58% invested in the company for 306,847 shares. The California-based Francisco Partners Management Lp has invested 0.34% in the stock. Cove Street Capital Llc, a California-based fund reported 242,781 shares.

About 41,198 shares traded. Gain Capital Holdings Inc (GCAP) has declined 12.52% since September 13, 2016 and is downtrending. It has underperformed by 29.22% the S&P500.

Among 16 analysts covering Frontier Communications (NASDAQ:FTR), 3 have Buy rating, 2 Sell and 11 Hold. Therefore 19% are positive. Frontier Communications had 29 analyst reports since August 4, 2015 according to SRatingsIntel. As per Wednesday, July 12, the company rating was maintained by Morgan Stanley. On Monday, July 18 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. As per Wednesday, August 2, the company rating was maintained by Jefferies. RBC Capital Markets maintained Frontier Communications Corp (NASDAQ:FTR) rating on Friday, July 7. RBC Capital Markets has “Hold” rating and $200 target. Raymond James maintained the shares of FTR in report on Tuesday, August 2 with “Outperform” rating. On Monday, October 12 the stock rating was downgraded by Sandler O’Neill to “Hold”. The company was maintained on Tuesday, August 8 by RBC Capital Markets. The stock of Frontier Communications Corp (NASDAQ:FTR) earned “Buy” rating by Jefferies on Friday, July 21. The firm has “Overweight” rating by JP Morgan given on Tuesday, August 4. On Wednesday, March 22 the stock rating was downgraded by Goldman Sachs to “Sell”.

Frontier Communications Corporation is a well-known provider of communications services in the United States. The company has market cap of $1.07 billion. The Firm offers a portfolio of communications services for residential and business customers. It currently has negative earnings. The Company’s services and products include data and Internet services, video services, voice services, access services and customer premise equipment (CPE).

Since May 8, 2017, it had 5 insider purchases, and 0 sales for $118,541 activity. $11,156 worth of stock was bought by Gable Steve on Monday, May 8. Weslock Kathleen bought $65,750 worth of stock or 50,000 shares. Lass John also bought $10,760 worth of Frontier Communications Corp (NASDAQ:FTR) shares. 13,000 shares were bought by Arndt Kenneth, worth $17,875 on Thursday, May 25.

Investors sentiment decreased to 0.44 in Q4 2016. Its down 0.43, from 0.87 in 2016Q3. It dropped, as 70 investors sold Frontier Communications Corp shares while 168 reduced holdings. 66 funds opened positions while 164 raised stakes. 774.61 million shares or 1.90% more from 760.15 million shares in 2016Q3 were reported. Ipswich Inv Com Inc, Massachusetts-based fund reported 13,055 shares. Price T Rowe Associate Md invested 0% in Frontier Communications Corp (NASDAQ:FTR). Pvg Asset Mgmt, Colorado-based fund reported 1.66M shares. Adirondack Trust owns 29,307 shares or 0.07% of their US portfolio. Parallax Volatility Advisers L P reported 0% in Frontier Communications Corp (NASDAQ:FTR). Sentinel Trust Lba stated it has 0.57% of its portfolio in Frontier Communications Corp (NASDAQ:FTR). Moreover, Parametric Associates Ltd Llc has 0.02% invested in Frontier Communications Corp (NASDAQ:FTR). Schroder Investment Management Gru invested in 6.76 million shares or 0.04% of the stock. New Mexico Educational Retirement Board has invested 0.02% in Frontier Communications Corp (NASDAQ:FTR). Park Circle has 0.58% invested in Frontier Communications Corp (NASDAQ:FTR) for 260,000 shares. Dynamic Cap Management holds 0.14% in Frontier Communications Corp (NASDAQ:FTR) or 381,572 shares. 67,244 are held by Commonwealth Of Pennsylvania Pub School Empls Retrmt. Utah Retirement invested 0.02% in Frontier Communications Corp (NASDAQ:FTR). Wagner Bowman Corporation has invested 0.03% of its portfolio in Frontier Communications Corp (NASDAQ:FTR). Arrow Fincl Corp reported 372 shares.

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