Aperio Group LLC raised its stake in shares of Loral Space and Communications, Inc. (NASDAQ:LORL) by 31.4% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 12,963 shares of the communications equipment provider’s stock after purchasing an additional 3,099 shares during the period. Aperio Group LLC owned approximately 0.06% of Loral Space and Communications worth $642,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in LORL. Voya Investment Management LLC boosted its stake in Loral Space and Communications by 20.2% during the 2nd quarter. Voya Investment Management LLC now owns 6,350 shares of the communications equipment provider’s stock valued at $264,000 after purchasing an additional 1,068 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in Loral Space and Communications during the 2nd quarter valued at about $282,000. BW Gestao de Investimentos Ltda. boosted its stake in Loral Space and Communications by 9.3% during the 2nd quarter. BW Gestao de Investimentos Ltda. now owns 8,288 shares of the communications equipment provider’s stock valued at $344,000 after purchasing an additional 703 shares during the last quarter. Legal & General Group Plc boosted its stake in Loral Space and Communications by 43.5% during the 2nd quarter. Legal & General Group Plc now owns 11,425 shares of the communications equipment provider’s stock valued at $475,000 after purchasing an additional 3,463 shares during the last quarter. Finally, Susquehanna International Group LLP boosted its stake in Loral Space and Communications by 172.7% during the 2nd quarter. Susquehanna International Group LLP now owns 11,712 shares of the communications equipment provider’s stock valued at $487,000 after purchasing an additional 27,812 shares during the last quarter. Institutional investors and hedge funds own 68.40% of the company’s stock.

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Separately, BidaskClub downgraded Loral Space and Communications from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 12th.

Loral Space and Communications, Inc. (NASDAQ:LORL) opened at $47.05 on Thursday. The stock has a market capitalization of $1,456.90, a PE ratio of 29.81 and a beta of 1.27. The company has a debt-to-equity ratio of 0.28, a quick ratio of 5.54 and a current ratio of 5.54. Loral Space and Communications, Inc. has a 12 month low of $36.80 and a 12 month high of $51.75.

About Loral Space and Communications

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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