XTX Topco Ltd Has $52,000 Stock Position in Consolidated Communications Holdings, Inc. (NASDAQ:CNSL)

XTX Topco Ltd lessened its holdings in Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) by 69.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 11,287 shares of the utilities provider’s stock after selling 25,512 shares during the quarter. XTX Topco Ltd’s holdings in Consolidated Communications were worth $52,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in CNSL. Quantinno Capital Management LP acquired a new position in Consolidated Communications in the third quarter valued at about $53,000. Quantbot Technologies LP acquired a new position in Consolidated Communications during the third quarter valued at approximately $55,000. Rather & Kittrell Inc. bought a new position in shares of Consolidated Communications during the second quarter worth $112,000. AQR Capital Management LLC grew its holdings in shares of Consolidated Communications by 22.1% in the 2nd quarter. AQR Capital Management LLC now owns 28,017 shares of the utilities provider’s stock valued at $123,000 after buying an additional 5,074 shares during the period. Finally, The Manufacturers Life Insurance Company increased its position in shares of Consolidated Communications by 14.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 32,657 shares of the utilities provider’s stock valued at $144,000 after buying an additional 4,061 shares in the last quarter. 79.98% of the stock is currently owned by institutional investors.

Consolidated Communications Price Performance

Shares of CNSL opened at $4.66 on Monday. The company has a debt-to-equity ratio of 10.13, a quick ratio of 0.76 and a current ratio of 0.76. Consolidated Communications Holdings, Inc. has a 52-week low of $4.18 and a 52-week high of $4.72. The stock has a 50 day simple moving average of $4.65 and a 200 day simple moving average of $4.57. The firm has a market capitalization of $552.06 million, a PE ratio of -2.27 and a beta of 0.98.

Consolidated Communications Profile

Consolidated Communications Holdings, Inc, together with its subsidiaries, provides broadband and business communication solutions for consumer, commercial, and carrier channels in the United States. It offers high-speed broadband Internet access, SIP trunking, and voice over Internet protocol (VoIP) phone services; commercial data connectivity services in various markets, including Ethernet services, private line data services, software defined wide area network, and multi-protocol label switching services; networking services; cloud-based services; and data center and disaster recovery solutions.