Brinker Capital Investments LLC Has $835,000 Holdings in KVH Industries, Inc. (NASDAQ:KVHI)

Brinker Capital Investments LLC boosted its position in KVH Industries, Inc. (NASDAQ:KVHIGet Rating) by 10.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 90,517 shares of the communications equipment provider’s stock after buying an additional 8,692 shares during the quarter. Brinker Capital Investments LLC owned approximately 0.47% of KVH Industries worth $835,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Van ECK Associates Corp acquired a new stake in KVH Industries in the 2nd quarter worth $42,000. Price T Rowe Associates Inc. MD acquired a new stake in KVH Industries in the 2nd quarter worth $134,000. Bank of America Corp DE grew its position in KVH Industries by 18.8% in the 1st quarter. Bank of America Corp DE now owns 22,123 shares of the communications equipment provider’s stock worth $202,000 after purchasing an additional 3,504 shares during the last quarter. Trexquant Investment LP acquired a new stake in KVH Industries in the 2nd quarter worth $218,000. Finally, Acadian Asset Management LLC grew its position in KVH Industries by 149.4% in the 1st quarter. Acadian Asset Management LLC now owns 37,776 shares of the communications equipment provider’s stock worth $342,000 after purchasing an additional 22,629 shares during the last quarter. 64.19% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have issued reports on KVHI shares. Raymond James lowered shares of KVH Industries from a “strong-buy” rating to a “market perform” rating in a research report on Thursday, December 8th. StockNews.com upgraded shares of KVH Industries from a “hold” rating to a “buy” rating in a research report on Wednesday, December 7th. TheStreet upgraded shares of KVH Industries from a “d+” rating to a “c” rating in a research report on Tuesday, December 6th. Finally, Needham & Company LLC lifted their target price on shares of KVH Industries from $12.00 to $13.00 and gave the company a “buy” rating in a research report on Wednesday, December 7th.

KVH Industries Stock Up 0.3 %

Shares of KVHI stock opened at $10.42 on Monday. KVH Industries, Inc. has a 12-month low of $6.89 and a 12-month high of $11.88. The company has a market capitalization of $199.88 million, a P/E ratio of 10.12 and a beta of 0.59. The firm has a 50-day moving average price of $10.40 and a 200 day moving average price of $9.70.

KVH Industries (NASDAQ:KVHIGet Rating) last announced its quarterly earnings results on Tuesday, December 6th. The communications equipment provider reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.05) by $0.06. KVH Industries had a net margin of 12.05% and a negative return on equity of 4.13%. The firm had revenue of $35.17 million during the quarter, compared to the consensus estimate of $39.10 million. As a group, research analysts expect that KVH Industries, Inc. will post -0.12 earnings per share for the current year.

About KVH Industries

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KVH Industries, Inc engages in the provision of internet, television and voice services via satellite to mobile users at sea and on land. It operates through the Mobile Connectivity and Inertial Navigation segments. The Mobile Connectivity segment consists of satellite television and internet solutions and media and content delivery solutions.

Further Reading

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Institutional Ownership by Quarter for KVH Industries (NASDAQ:KVHI)

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