NBC Securities Inc. raised its holdings in Frontier Communications Parent, Inc. (NASDAQ:FYBR – Free Report) by 26,121.9% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 87,581 shares of the company’s stock after buying an additional 87,247 shares during the period. NBC Securities Inc.’s holdings in Frontier Communications Parent were worth $2,145,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of FYBR. Hexagon Capital Partners LLC lifted its position in shares of Frontier Communications Parent by 120.1% during the 4th quarter. Hexagon Capital Partners LLC now owns 975 shares of the company’s stock worth $25,000 after purchasing an additional 532 shares during the last quarter. GAMMA Investing LLC purchased a new stake in shares of Frontier Communications Parent during the 4th quarter worth $31,000. Neo Ivy Capital Management purchased a new stake in shares of Frontier Communications Parent during the 4th quarter worth $49,000. Cape Investment Advisory Inc. purchased a new stake in shares of Frontier Communications Parent during the 4th quarter worth $52,000. Finally, Covestor Ltd lifted its position in shares of Frontier Communications Parent by 101.6% during the 3rd quarter. Covestor Ltd now owns 7,811 shares of the company’s stock worth $122,000 after purchasing an additional 3,937 shares during the last quarter.
Frontier Communications Parent Price Performance
Shares of FYBR opened at $25.13 on Thursday. Frontier Communications Parent, Inc. has a 1-year low of $11.65 and a 1-year high of $27.41. The stock has a market cap of $6.25 billion, a PE ratio of 228.45 and a beta of 1.10. The company has a debt-to-equity ratio of 2.14, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a fifty day moving average price of $25.01 and a 200 day moving average price of $24.16.
Wall Street Analysts Forecast Growth
View Our Latest Report on Frontier Communications Parent
About Frontier Communications Parent
Frontier Communications Parent, Inc, together with its subsidiaries, provides communication and technology services in the United States. It offers broadband, video, voice, and other value-added services. The company also provides data and Internet, including broadband networking services; data-based voice over internet protocol, unified communications, long-distance, and voice messaging services; video services under the Frontier TV brand; access services; hardware and network solutions; and packages of services.
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