Needham & Company LLC Reaffirms Buy Rating for KVH Industries, Inc. (KVHI)

Needham & Company LLC reaffirmed their buy rating on shares of KVH Industries, Inc. (NASDAQ:KVHI) in a research report sent to investors on Friday.

Separately, Zacks Investment Research raised shares of KVH Industries from a hold rating to a buy rating and set a $13.00 price target on the stock in a research report on Tuesday, October 24th.

Shares of KVH Industries (NASDAQ KVHI) traded down $0.25 during trading on Friday, hitting $11.05. The stock had a trading volume of 1,785 shares, compared to its average volume of 25,731. The company has a current ratio of 2.30, a quick ratio of 1.80 and a debt-to-equity ratio of 0.43. KVH Industries has a 12 month low of $7.50 and a 12 month high of $12.75.

COPYRIGHT VIOLATION WARNING: This report was originally published by BBNS and is the property of of BBNS. If you are accessing this report on another website, it was copied illegally and republished in violation of U.S. and international copyright and trademark law. The original version of this report can be accessed at https://baseballnewssource.com/markets/needham-company-llc-reaffirms-buy-rating-for-kvh-industries-inc-kvhi/1756712.html.

Several hedge funds and other institutional investors have recently made changes to their positions in KVHI. Parametric Portfolio Associates LLC raised its holdings in shares of KVH Industries by 0.8% during the second quarter. Parametric Portfolio Associates LLC now owns 20,669 shares of the communications equipment provider’s stock valued at $196,000 after purchasing an additional 165 shares during the period. PNC Financial Services Group Inc. raised its holdings in shares of KVH Industries by 1.9% during the second quarter. PNC Financial Services Group Inc. now owns 22,000 shares of the communications equipment provider’s stock valued at $210,000 after purchasing an additional 400 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of KVH Industries by 0.6% during the first quarter. Bank of New York Mellon Corp now owns 124,423 shares of the communications equipment provider’s stock valued at $1,046,000 after purchasing an additional 774 shares during the period. Russell Investments Group Ltd. raised its holdings in shares of KVH Industries by 26.6% during the first quarter. Russell Investments Group Ltd. now owns 13,311 shares of the communications equipment provider’s stock valued at $112,000 after purchasing an additional 2,800 shares during the period. Finally, Teachers Advisors LLC raised its holdings in shares of KVH Industries by 14.0% during the second quarter. Teachers Advisors LLC now owns 26,203 shares of the communications equipment provider’s stock valued at $249,000 after purchasing an additional 3,227 shares during the period. Hedge funds and other institutional investors own 61.25% of the company’s stock.

KVH Industries Company Profile

KVH Industries, Inc is a manufacturer of solutions that provide high-speed Internet, television and voice services through satellite to mobile users at sea and on land. The Company also provides commercially licensed entertainment, including news, sports, music and movies, to commercial and leisure customers in the maritime, hotel and retail markets.

Receive News & Ratings for KVH Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KVH Industries Inc. and related companies with our FREE daily email newsletter.

 


Latest News

MLB Commissioner: New Rule for Pace-of-Play in 2018
MLB Commissioner: New Rule for Pace-of-Play in 2018
Alex Cobb Could Be Good Fit for Cubs
Alex Cobb Could Be Good Fit for Cubs
Joey Votto Is One of Baseball’s Best Hitters
Joey Votto Is One of Baseball’s Best Hitters
Hunter Pence May Become Part-Time Player
Hunter Pence May Become Part-Time Player
Perfect 300 Bowled by Red Sox Right Fielder Mookie Betts
Perfect 300 Bowled by Red Sox Right Fielder Mookie Betts
Brandon Morrow Becomes Hot Commodity
Brandon Morrow Becomes Hot Commodity


Leave a Reply

 
© 2006-2017 BBNS.