Communications Systems, Inc. (JCS) Position Cut by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP reduced its position in Communications Systems, Inc. (NASDAQ:JCS) by 4.9% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 473,911 shares of the communications equipment provider’s stock after selling 24,578 shares during the period. Dimensional Fund Advisors LP owned about 5.18% of Communications Systems worth $1,806,000 as of its most recent filing with the SEC.

Shares of JCS stock opened at $2.73 on Monday. The company has a market cap of $24.93 million, a price-to-earnings ratio of -18.17 and a beta of 0.91. Communications Systems, Inc. has a 12-month low of $2.65 and a 12-month high of $4.45.

Communications Systems (NASDAQ:JCS) last issued its quarterly earnings data on Thursday, August 2nd. The communications equipment provider reported ($0.29) earnings per share (EPS) for the quarter. The company had revenue of $15.04 million for the quarter. Communications Systems had a negative return on equity of 21.77% and a negative net margin of 15.04%. Sell-side analysts anticipate that Communications Systems, Inc. will post -0.79 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 1st. Shareholders of record on Friday, September 14th were given a dividend of $0.04 per share. The ex-dividend date was Thursday, September 13th. This represents a $0.16 annualized dividend and a yield of 5.87%. Communications Systems’s dividend payout ratio (DPR) is presently -106.67%.

Separately, ValuEngine upgraded shares of Communications Systems from a “hold” rating to a “buy” rating in a research report on Monday, July 2nd.

Communications Systems Company Profile

Communications Systems, Inc, through its subsidiaries, manufactures and sells connectivity infrastructure products for broadband and voice communications in North America, Europe, the Middle East, Africa, and internationally. The company's Suttle segment provides enclosure systems to support premise distribution of broadband and other connectivity networks; fiber optic management and connectivity solutions for access and premise networks; and modular connecting products for copper telecommunications networks, as well as DSL products that support broadband connectivity to copper networks under the Suttle brand name.

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Institutional Ownership by Quarter for Communications Systems (NASDAQ:JCS)

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