Landscape Capital Management L.L.C. Buys New Position in Aviat Networks, Inc. (NASDAQ:AVNW)

Landscape Capital Management L.L.C. purchased a new position in Aviat Networks, Inc. (NASDAQ:AVNW) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 60,064 shares of the communications equipment provider’s stock, valued at approximately $1,088,000.

A number of other large investors have also modified their holdings of the business. GAMMA Investing LLC purchased a new position in shares of Aviat Networks in the 4th quarter valued at approximately $34,000. AlphaQuest LLC purchased a new position in shares of Aviat Networks in the fourth quarter worth $133,000. Quantbot Technologies LP acquired a new stake in shares of Aviat Networks during the fourth quarter worth $156,000. Truvestments Capital LLC grew its holdings in shares of Aviat Networks by 8.0% during the fourth quarter. Truvestments Capital LLC now owns 10,723 shares of the communications equipment provider’s stock valued at $194,000 after buying an additional 794 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its position in shares of Aviat Networks by 635.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 14,244 shares of the communications equipment provider’s stock valued at $308,000 after acquiring an additional 12,306 shares during the period. Hedge funds and other institutional investors own 78.62% of the company’s stock.

Aviat Networks Stock Performance

Shares of AVNW stock opened at $16.87 on Friday. Aviat Networks, Inc. has a 52-week low of $12.96 and a 52-week high of $35.56. The company has a quick ratio of 1.37, a current ratio of 1.68 and a debt-to-equity ratio of 0.29. The stock has a market cap of $213.98 million, a PE ratio of -84.35 and a beta of 1.57. The business has a 50-day simple moving average of $20.46 and a 200-day simple moving average of $19.37.

Aviat Networks (NASDAQ:AVNW) last released its quarterly earnings data on Tuesday, February 4th. The communications equipment provider reported $0.66 EPS for the quarter, topping the consensus estimate of $0.09 by $0.57. Aviat Networks had a positive return on equity of 4.33% and a negative net margin of 0.56%. On average, equities analysts expect that Aviat Networks, Inc. will post 0.5 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Northland Securities reissued an “outperform” rating and issued a $30.00 price objective (up from $27.00) on shares of Aviat Networks in a report on Wednesday, February 5th. StockNews.com raised shares of Aviat Networks from a “sell” rating to a “hold” rating in a research report on Wednesday, February 5th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $37.60.

Aviat Networks Company Profile

Aviat Networks, Inc provides microwave networking and wireless access networking solutions in North America, Africa, the Middle East, Europe, Latin America, and the Asia Pacific. The company offers outdoor, indoor, and split-mount radios; microwave routers, switches, and trunking; and private LTE, virtual fiber, and element management products; and hosted software products, such as aviat design, frequency assurance software, and health assurance software.