New York State Common Retirement Fund reduced its position in shares of Loral Space and Communications, Inc. (NASDAQ:LORL) by 0.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 13,700 shares of the communications equipment provider’s stock after selling 1 shares during the quarter. New York State Common Retirement Fund’s holdings in Loral Space and Communications were worth $569,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Gamco Investors INC. ET AL raised its holdings in Loral Space and Communications by 12.8% during the 2nd quarter. Gamco Investors INC. ET AL now owns 686,495 shares of the communications equipment provider’s stock worth $28,524,000 after purchasing an additional 77,929 shares during the last quarter. Vivaldi Asset Management LLC raised its holdings in Loral Space and Communications by 315.6% during the 2nd quarter. Vivaldi Asset Management LLC now owns 182,857 shares of the communications equipment provider’s stock worth $7,598,000 after purchasing an additional 138,863 shares during the last quarter. Glacier Peak Capital LLC increased its stake in shares of Loral Space and Communications by 2.0% in the 2nd quarter. Glacier Peak Capital LLC now owns 131,872 shares of the communications equipment provider’s stock valued at $5,479,000 after acquiring an additional 2,524 shares during the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. increased its stake in shares of Loral Space and Communications by 32.6% in the 2nd quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 123,568 shares of the communications equipment provider’s stock valued at $5,134,000 after acquiring an additional 30,403 shares during the last quarter. Finally, TIAA CREF Investment Management LLC increased its stake in shares of Loral Space and Communications by 3.3% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 35,347 shares of the communications equipment provider’s stock valued at $1,469,000 after acquiring an additional 1,124 shares during the last quarter. 68.30% of the stock is owned by hedge funds and other institutional investors.

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Shares of Loral Space and Communications, Inc. (NASDAQ LORL) opened at $45.50 on Friday. The company has a market capitalization of $1,407.41, a PE ratio of 28.80 and a beta of 1.27. Loral Space and Communications, Inc. has a 52 week low of $36.80 and a 52 week high of $51.75.

Separately, BidaskClub raised Loral Space and Communications from a “hold” rating to a “buy” rating in a research note on Tuesday, July 25th.

Loral Space and Communications Company Profile

Loral Space & Communications Inc is a satellite communications company. The Company, through its ownership interests in affiliates, is engaged in satellite-based communications services. The Company participates in satellite services operations through its interest in Telesat Holdings Inc, which owns Telesat Canada (Telesat), a global fixed satellite services (FSS) operator, with offices and facilities around the world.

Institutional Ownership by Quarter for Loral Space and Communications (NASDAQ:LORL)

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