Analyst Tracker: Frontier Communications Corporation (NASDAQ:FTR) in Focus

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Stock market analysts and brokers have recently amended their target prices on shares of Frontier Communications Corporation (NASDAQ:FTR). Keybank National Association OH now owns 81,836 shares of the utilities provider's stock valued at $175,000 after buying an additional 766 shares during the last quarter. Frontier Communications Corp earned a news sentiment score of 0.10 on Alpha One's scale. Several investors look for stocks with a high percent of insider ownership, under this theory when management are shareholders, they will act in its own self interest, and create shareholder value in the long-term. Weslock Kathleen also bought $65,750 worth of Frontier Communications Corp (NASDAQ:FTR) shares. UBS Oconnor LLC now owns 3,387,364 shares of the utilities provider's stock valued at $14,091,000 after buying an additional 3,259,564 shares during the last quarter. The bigger the return, the more efficient management is in utilizing its asset base. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Frontier Communications Corp by 0.4% in the fourth quarter. The company has dropped -11.30% in past 3 months and in the last five trades has moved up 4.39%.

Frontier Communications Corp (NASDAQ:FTR) has today come forward make the much awaited for announcement where it let all the concerned parties know that indeed the former head of the Network Deployment and Operations organization at Google Fiber, Chris Levendos would be joining the top end company to serve in the capacity of the new Executive Vice President, Field Operations.

PacWest Bancorp (PACW) declined -4.93% and its total traded volume was 0.88 million shares contrast to the average volume of 0.88 million shares.

Shares of company were isolated negatively of 50 days simple moving average with -18.07% while 200 days simple moving average with -37.30%. The total market capitalization remained at $1.51 billion.

Frontier Communications Corporation (FTR) has been given an average price target of $2.13 from analysts, according to data collected by Finviz.

In recent trading day Masco Corporation (MAS) stock showed the move of -1.10% with the closing price of $36.85. The current Wall Street consensus is expecting Frontier Communications Corporation (NASDAQ:FTR) to report EPS of $-0.07 for the quarter. The company had revenue of $2.36 billion during the quarter, compared to analyst estimates of $2.34 billion. Frontier Communications Corp had a positive return on equity of 2.05% and a negative net margin of 5.01%.

The company is expected to report earnings of $-0.06 a share for the next quarter. The ex-dividend date of this dividend is Tuesday, June 13th. It has a dividend yield of 0.00% and a 5 year dividend growth rate of -6.93%. Frontier Communications Corp's dividend payout ratio (DPR) is presently -77.78%.

On Wednesday, Shares of Frontier Communications Corp (NASDAQ:FTR) lost -1.48% to $1.33. If you are reading this story on another site, it was illegally copied and reposted in violation of US & global copyright law. The correct version of this piece of content can be viewed at https://transcriptdaily.com/2017/05/19/frontier-communications-corp-ftr-stock-rating-upgraded-by-citigroup-inc-updated.html.

A number of research firms have recently issued reports on FTR. $6.02's average target is 363.08% above currents $1.3 stock price. Also, the number of active investment managers holding Frontier Communications Corp in their top 10 stock positions increased from 0 to 1 for an increase of 1. JPMorgan Chase & Co. downgraded Frontier Communications Corp from an overweight rating to a neutral rating and cut their price target for the stock from $2.96 to $2.51 in a research note on Tuesday, February 28th.

The company's share price is down -311.63% from previous highs of around $5.31 per share on May 17, 2016.

Frontier Communications Corporation (FTR) has a 52-week high of $4.75 and a 52-week low of $1.19. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company's stock. Bernstein maintained Frontier Communications Corp (NASDAQ:FTR) on Tuesday, September 15 with "Outperform" rating. Riverhead Cap Mngmt Ltd Limited Liability Company stated it has 0.01% of its portfolio in Frontier Communications Corp (NASDAQ:FTR). Its products and services include data and Internet services, video services, voice services, access services and customer premise equipment (CPE).