Arrowstreet Capital Limited Partnership boosted its holdings in shares of Calix, Inc (NYSE:CALX) by 11.1% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 380,975 shares of the communications equipment provider’s stock after buying an additional 38,168 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 0.76% of Calix worth $2,610,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of CALX. Divisar Capital Management LLC boosted its stake in Calix by 479.1% during the second quarter. Divisar Capital Management LLC now owns 1,073,236 shares of the communications equipment provider’s stock valued at $7,352,000 after buying an additional 887,915 shares during the period. Lapides Asset Management LLC boosted its stake in Calix by 8.7% during the first quarter. Lapides Asset Management LLC now owns 2,881,800 shares of the communications equipment provider’s stock valued at $20,893,000 after buying an additional 230,800 shares during the period. Renaissance Technologies LLC boosted its stake in Calix by 8.9% during the second quarter. Renaissance Technologies LLC now owns 2,626,018 shares of the communications equipment provider’s stock valued at $17,988,000 after buying an additional 214,418 shares during the period. Bank of New York Mellon Corp boosted its stake in Calix by 27.7% during the first quarter. Bank of New York Mellon Corp now owns 610,268 shares of the communications equipment provider’s stock valued at $4,424,000 after buying an additional 132,305 shares during the period. Finally, Horrell Capital Management Inc. boosted its stake in Calix by 21.7% during the second quarter. Horrell Capital Management Inc. now owns 690,000 shares of the communications equipment provider’s stock valued at $4,727,000 after buying an additional 122,945 shares during the period. 64.47% of the stock is owned by institutional investors.

Several brokerages have issued reports on CALX. BidaskClub lowered Calix from a “sell” rating to a “strong sell” rating in a research note on Friday, July 28th. Northland Securities set a $7.00 price target on Calix and gave the stock a “hold” rating in a research note on Monday, August 7th. Zacks Investment Research lowered Calix from a “hold” rating to a “sell” rating in a research note on Monday, August 14th. ValuEngine raised Calix from a “strong sell” rating to a “sell” rating in a research note on Friday, September 1st. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $7.00 price target on shares of Calix in a research note on Friday, October 6th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $6.50.

Shares of Calix, Inc (CALX) opened at 5.55 on Thursday. The company’s market cap is $279.20 million. The firm’s 50-day moving average price is $5.12 and its 200 day moving average price is $6.18. Calix, Inc has a 52 week low of $4.65 and a 52 week high of $8.10.

Calix (NYSE:CALX) last announced its quarterly earnings results on Tuesday, August 8th. The communications equipment provider reported ($0.30) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.15) by ($0.15). Calix had a negative net margin of 12.72% and a negative return on equity of 30.33%. The business had revenue of $126.12 million during the quarter, compared to the consensus estimate of $123.70 million. During the same period in the previous year, the business posted ($0.04) EPS. The firm’s revenue was up 17.4% on a year-over-year basis. On average, equities research analysts forecast that Calix, Inc will post ($1.21) EPS for the current year.

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Calix Company Profile

Calix, Inc provides broadband communications access systems and software for fiber- and copper-based network architectures that enable communications service providers (CSPs), to transform their networks and connect to their residential and business subscribers. The Company enables CSPs to provide various services, from basic voice and data to advanced broadband services, over legacy and next-generation access networks.

Institutional Ownership by Quarter for Calix (NYSE:CALX)

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