The Harmonic Inc. (HLIT) Announces Quarterly Earnings Results

(NASDAQ:HLIT) opened at 2.85 on Monday.

The biggest institutional shareholders in Harmonic Inc. include T. Rowe Price Associates, Inc. which owns 11 million shares in the company valued at $58.35 million. Amalgamated Bancorporation reported 0% stake.

Total shares held by institutions as of the most recent company filings are 87,905,370 with a reported 2,686,361 bought and 2,553,476 sold. Municipal Employees Retirement System of MI now owns 19,030 shares of the communications equipment provider's stock valued at $100,000 after purchasing an additional 1,010 shares in the last quarter. Biogen Inc now has $66.78 billion valuation.

The stock decreased 1.72% or $0.05 on October 27, reaching $2.85. $1.94M worth of Omnicom Group Inc. Biogen Inc (NASDAQ:BIIB) has risen 4.94% since October 30, 2016 and is uptrending. It has underperformed by 15.55% the S&P500.

Since May 11, 2017, it had 0 buys, and 2 selling transactions for $76,151 activity. 1,679 shares were sold by COVERT HAROLD L, worth $8,395 on Wednesday, May 17. BMO Capital Markets maintained the shares of OMC in report on Thursday, July 13 with "Hold" rating. Harmonic has a 1-year low of $2.80 and a 1-year high of $6.18. The company presently has a consensus rating of "Hold" and a consensus price target of $5.15.

The consensus analysts recommendation at this point stands at 2.30 on Harmonic Inc. The firm has "Buy" rating given on Wednesday, August 10 by Drexel Hamilton. On Thursday, September 7 the stock rating was maintained by Jefferies with "Hold". Jefferies has "Hold" rating and $3.5 target.

Harmonic (NASDAQ:HLIT) last posted its quarterly earnings results on Monday, July 31st. Northland Capital has "Buy" rating and $6.0 target. (NYSE:OMC) on Friday, October 16 to "Hold" rating. (NYSE:OMC) has "Buy" rating given on Thursday, July 23 by Argus Research. The firm earned "Buy" rating on Tuesday, December 6 by Dougherty & Company.

Shares of Harmonic (NASDAQ:HLIT) traded up 8.08% during trading on Wednesday, reaching $5.35. ValuEngine lowered shares of Harmonic from a "hold" rating to a "sell" rating in a report on Friday, August 4th. (NASDAQ:HLIT) to report earnings on Oct, 30 for the fiscal quarter ending Sep 2017.

They expect $-0.13 EPS, down 69.23% or $0.09 from last year's $-0.04 per share. The company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.03 by $0.04.

Harmonic Inc (Harmonic) designs, manufactures and sells video infrastructure products, and system solutions. The company was maintained on Tuesday, June 20 by RBC Capital Markets. The Company has two segments: Video and Cable Edge. It now has negative earnings. The Company's branded networks and agencies operate in all markets around the world and provide a range of services, which it groups into four disciplines: advertising, customer relationship management, public relations and specialty communications.

Investors sentiment decreased to 0.79 in Q2 2017. Its down 0.49, from 1.28 in 2017Q1. These holdings make up 98.83% of the company's outstanding shares. 14 funds opened positions while 32 raised stakes.

Analysts await Harmonic Inc. Ls Invest Advsr Ltd holds 0% or 2,970 shares. Citadel Advsr Lc holds 21,292 shares or 0% of its portfolio. 602,659 were accumulated by Invesco. 13,419 are held by Guggenheim Lc. Rhumbline Advisers reported 165,250 shares. Quantbot Technology Lp has 2,957 shares for 0% of their portfolio. Us Natl Bank De has invested 0% of its portfolio in Harmonic Inc (NASDAQ:HLIT). (NYSE:OMC). Busey Trust Co invested in 60,468 shares. Parkside Bancorp & owns 54 shares for 0% of their portfolio. Nationwide Fund, a Pennsylvania-based fund reported 663,402 shares. State Bank Of Montreal Can holds 385,025 shares. Forte Cap Ltd Liability Adv holds 0.21% or 7,525 shares.

Among 29 analysts covering Biogen Idec Inc. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. Therefore 66% are positive.

Like this



31 October 2017
Vigilance Awareness Week: Raj Bhavan staff takes integrity pledge
N Biren Singh said this in his message to the people of the state on account of the observation of the "Vigilance Awareness Week", which began today.

31 October 2017
Amazon's Bezos Ousts Gates As World's Richest Person, Again
He began in a garage and reportedly held most of his early day's business meetings at the Barnes & Noble neighbourhood. Citing Bloomberg , Bezos was recorded to have a fortune of $93.8 billion, higher by $5.1 billion from Gates'.

31 October 2017
Enbridge Energy Partners, LP (EEP) EPS Estimated At $0.23
Quantbot Technologies LP acquired a new position in shares of Enbridge Energy Management in the second quarter worth $113,000. This is assuming the current $0.23 EPS is accurate. ( NYSE:EEP ) traded up 2.53% on Friday, reaching $15.02.

31 October 2017
National Football League official: 'Ambition' to get Packers playing in London in 2018
It's possible the opponent would be the Los Angeles Rams, who are committed to playing one game in London each year until 2019. The UK and Irish Packers fan group has thousands of members, and they take a trip to Green Bay every year.

31 October 2017
Strs Ohio Increases Stake in Healthcare Realty Trust Incorporated (HR)
Another key indicator that can help investors determine if a stock might be a quality investment is the Return on Equity or ROE. Another ratio we can look at is the Return on Invested Capital or more commonly referred to as ROIC. (NYSE:DLR) now has a Q.i.

31 October 2017
6 pointer game for Sunderland
The Black Cats face Wanderers in a six-pointer match, after they too failed to gain 3 points at the weekend. In fact, it's been an absolute since Sunderland fans have seen their team win a game on home soil.

31 October 2017
The Bon-Ton Stores, Inc. (NASDAQ: BONT)
As of the end of the quarter Citadel Advisors LLC had disposed of a total of 4,200 shares trimming its position 21.5%. Its most recent closing price has a distance of 126.90% from SMA20 and is 35.49% above than SMA200. ( BONT ).

31 October 2017
Indian student attacked in Italy's Milan; Swaraj monitoring situation
The Consulate has requested students to report such matters on Consul General's cell - 3290884057 - immediately. The students even said that they have been facing such attacks for last two months.

31 October 2017
Western Gas Partners, LP (WES) Scheduled to Post Quarterly Earnings on Monday
Western Gas Partners, LP is a master limited partnership (MLP) that acquires, owns, develops and operates midstream energy assets. With 296,800 avg volume, 3 days are for Costar Group Incorporated (NASDAQ:CSGP)'s short sellers to cover CSGP's short positions.

31 October 2017
Invests in Maxim Integrated Products Inc. (MXIM) Shares
NASDAQ MXIM have lately exhibited a Gross Margin of 63.80% which in turn showed an Operating Margin of 30.60%. (NASDAQ:MXIM). As per Friday, February 12, the company rating was maintained by Needham. "Nears a Buy Point Again" on October 26, 2017.