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2 weeks Ago By Defense World Staff
Bokf Na acquired a new position in Telefonaktiebolaget LM Ericsson (publ) ( NASDAQ:ERIC – Free Report ) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,656 shares of the communications equipment provider’s stock, valued at approximately $41,000. Other hedge funds have also made changes to their positions in the company.
GAMMA Investing LLC increased its holdings in Telefonaktiebolaget LM Ericsson (publ) by 131.2% in the 2nd quarter. GAMMA Investing LLC now owns 5,464 shares of the communications equipment provider’s stock valued at $34,000 after purchasing an additional 3,101 shares in the last quarter.
Allspring Global Investments Holdings LLC purchased a new stake in shares of Telefonaktiebolaget LM Ericsson (publ) during the 1st quarter valued at about $36,000. NBC Securities Inc. lifted its position in Telefonaktiebolaget LM Ericsson (publ) by 258.
1% during the 1st quarter. NBC Securities Inc. now owns 10,744 shares of the communications equipment provider’s stock worth $59,000 after acquiring an additional 7,744 shares in the last quarter.
Lake Street Advisors Group LLC purchased a new position in Telefonaktiebolaget LM Ericsson (publ) in the 4th quarter worth approximately $64,000. Finally, Williams & Novak LLC acquired a new stake in Telefonaktiebolaget LM Ericsson (publ) in the second quarter valued at approximately $76,000. Hedge funds and other institutional investors own 7.
99% of the company’s stock. Telefonaktiebolaget LM Ericsson (publ) Price Performance Shares of NASDAQ ERIC opened at $7.36 on Wednesday.
The company has a quick ratio of 0.90, a current ratio of 1.14 and a debt-to-equity ratio of 0.
39. Telefonaktiebolaget LM Ericsson has a fifty-two week low of $4.33 and a fifty-two week high of $7.
48. The business has a 50 day moving average price of $6.98 and a two-hundred day moving average price of $6.
11. The firm has a market cap of $24.53 billion, a PE ratio of -7.
43 and a beta of 0.83. Analyst Ratings Changes Separately, JPMorgan Chase & Co.
upped their target price on shares of Telefonaktiebolaget LM Ericsson (publ) from $5.58 to $5.90 and gave the company a “neutral” rating in a research note on Monday, July 15th.
Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $5.
90. View Our Latest Stock Analysis on Telefonaktiebolaget LM Ericsson (publ) About Telefonaktiebolaget LM Ericsson (publ) ( Free Report ) Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions for telcom operators and enterprise customers in various sectors in North America, Europe, Latin America, the Middle East, Africa, North East Asia, South East Asia, Oceania, and India. It operates in four segments: Networks; Cloud Software and Services; Enterprise; and Other.
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