The most recent 13F filing that the State of New Jersey Common Pension Fund D submitted with the Securities and Exchange Commission revealed that during the third quarter, the fund increased the number of shares of Maxar Technologies Inc. (NYSE: MAXR) that it owned by 7.0%. Following the acquisition of an additional 6,169 shares during the period under review, the total number of shares held by the fund in the company above is now 93,982. According to the most recent filing with the SEC, the State of New Jersey Common Pension Fund D held 0.13% of Maxar Technologies, which at the time of the filing had a market value of $1,759,000.
Recently, transactions involving the company’s stock have taken place with other hedge funds. These transactions involved the company. Harel Insurance Investments & Financial Services Ltd. spent approximately $29,000 to acquire a new stake in Maxar Technologies during the second quarter of the fiscal year. During the second quarter, Truvestments Capital LLC made a new investment in Maxar Technologies, amounting to approximately $31,000. This particular deal was a component of a much larger portfolio. During the second quarter, US Bancorp DE increased the amount of Maxar Technologies stock owned by 24.3%, bringing its total ownership percentage to 100%. After making an additional purchase of 470 shares during the period, US Bancorp DE now has a total of 2,405 shares of the company’s stock, which are currently valued at $62,000. This brings the total number of shares owned by the company to 2,405 shares. In the second quarter, Ellevest Inc. increased the percentage of Maxar Technologies stock that it held by 3,768.1%. During the time frame, Ellevest Inc. made additional purchases totaling 3,542 shares of the company’s stock. This brings the total number of shares that the company currently possesses to 3,636. The market price for these shares at the moment is $95,000.
Last but not least, during the first three months of the year, Lazard Asset Management LLC expanded its portfolio by purchasing a new holding in Maxar Technologies at a price of approximately 183,000 dollars. This was not the only investment the company made during this time. To the tune of 78.52%, the company’s stock is owned by institutional investors who are investing in the company.
The price of one share of NYSE: MAXR was $51.31 when trading began on Friday. There is a ratio of 1.49 debt to equity, 0.98 for the current ratio, and 0.92 for the quick ratio. Each of these ratios can be broken down further into its parts. The lowest point during the past year for Maxar Technologies Inc. was $17.51, and the company reached an all-time high of $51.93 during that same period. The stock has traded at an average moving price of $38.51 over the past 50 trading days, while its moving average price over the past 200 trading days has been $28.76. The stock carries a price-to-earnings ratio of 135.00, a price-to-earnings-to-growth ratio of 1.03, and a beta value of 0.93. Its market capitalization is $3.83 billion, and its price-to-earnings ratio is 135.00.
The latest quarterly earnings report for Maxar Technologies, traded on the New York Stock Exchange under the MAXR, was released on November 3rd. The company’s earnings per share for the quarter came in at $0.17, which is $0.14 less than the consensus estimate of $0.31 per quarter earnings per share. On the other hand, market watchers anticipated that the company would bring in sales of $458.17 million for the quarter, but it only brought in revenue of $436 million. The return on equity and the net margin for Maxar Technologies came in at 2.73% and 1.72%, respectively. The majority opinion held by market analysts is that Maxar Technologies Inc. will end the current fiscal year with a loss of $0.11 per share.
In addition, the company has just recently announced and disbursed a Qu.