Loral Space and Communications, Inc. (LORL) Holdings Held by Wells Fargo & Company MN

Wells Fargo & Company MN held its position in Loral Space and Communications, Inc. (NASDAQ:LORL) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,098 shares of the communications equipment provider’s stock at the close of the 2nd quarter. Wells Fargo & Company MN’s holdings in Loral Space and Communications were worth $378,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Legal & General Group Plc raised its holdings in Loral Space and Communications by 43.5% in the 2nd quarter. Legal & General Group Plc now owns 11,425 shares of the communications equipment provider’s stock valued at $475,000 after acquiring an additional 3,463 shares during the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. raised its holdings in 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. Glacier Peak Capital LLC raised its holdings in 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. Vivaldi Asset Management LLC raised its holdings in Loral Space and Communications by 315.6% in the 2nd quarter. Vivaldi Asset Management LLC now owns 182,857 shares of the communications equipment provider’s stock valued at $7,598,000 after acquiring an additional 138,863 shares during the last quarter. Finally, Gamco Investors INC. ET AL raised its holdings in Loral Space and Communications by 12.8% in the 2nd quarter. Gamco Investors INC. ET AL now owns 686,495 shares of the communications equipment provider’s stock valued at $28,524,000 after acquiring an additional 77,929 shares during the last quarter. Institutional investors own 68.40% of the company’s stock.

Shares of Loral Space and Communications, Inc. (NASDAQ:LORL) opened at $45.25 on Thursday. Loral Space and Communications, Inc. has a one year low of $36.80 and a one year high of $51.75. The firm has a market cap of $1,393.49, a P/E ratio of 28.51 and a beta of 1.27.

Separately, BidaskClub raised shares of Loral Space and Communications from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 4th.

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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.

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

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