First Interstate Bank increased its stake in shares of Maxar Technologies Inc (NYSE:MAXR) by 5.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 20,800 shares of the company’s stock after purchasing an additional 1,000 shares during the quarter. First Interstate Bank’s holdings in Maxar Technologies were worth $326,000 at the end of the most recent quarter.
A number of other institutional investors also recently made changes to their positions in the business. Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of Maxar Technologies in the fourth quarter valued at about $111,000. Creative Planning purchased a new stake in shares of Maxar Technologies during the fourth quarter worth about $164,000. Victory Capital Management Inc. grew its stake in shares of Maxar Technologies by 6.4% in the fourth quarter. Victory Capital Management Inc. now owns 10,731 shares of the company’s stock worth $168,000 after purchasing an additional 644 shares during the last quarter. Private Advisors LLC bought a new stake in shares of Maxar Technologies in the fourth quarter worth about $172,000. Finally, California Public Employees Retirement System bought a new stake in shares of Maxar Technologies in the third quarter worth about $84,000. 65.30% of the stock is currently owned by institutional investors and hedge funds.
Shares of NYSE MAXR traded up $0.34 during midday trading on Friday, hitting $19.19. 40,893 shares of the company traded hands, compared to its average volume of 2,004,113. Maxar Technologies Inc has a 12-month low of $3.83 and a 12-month high of $21.45. The company has a debt-to-equity ratio of 4.44, a quick ratio of 0.84 and a current ratio of 0.87. The stock has a 50-day moving average price of $17.94 and a 200 day moving average price of $11.24. The firm has a market cap of $1.13 billion, a P/E ratio of -1.28 and a beta of 1.10.
Maxar Technologies Profile
Maxar Technologies Inc, a space and geospatial intelligence company, provides space technology solutions for commercial and government customers worldwide. The company operates through three segments: Space Systems, Imagery, and Services. The Space Systems segment supplies space and ground based infrastructure and information solutions, including communication and imaging satellites, satellite payloads and antenna subsystems, space-based and airborne surveillance solutions, and robotic systems and associated ground infrastructure and support services for communications and surveillance and intelligence applications.
Want to see what other hedge funds are holding MAXR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Maxar Technologies Inc (NYSE:MAXR).
Receive News & Ratings for Maxar Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maxar Technologies and related companies with MarketBeat.com's FREE daily email newsletter.