Invesco Ltd. Has $553000 Holdings in NII Holdings Inc (NASDAQ:NIHD)

WINTON GROUP Ltd raised its position in shares of NII by 8.3% during the 2nd quarter. WINTON GROUP Ltd now owns 81,206 shares of the Wireless …

NII logoInvesco Ltd. trimmed its holdings in NII Holdings Inc (NASDAQ:NIHD) by 3.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 327,466 shares of the Wireless communications provider’s stock after selling 11,359 shares during the period. Invesco Ltd. owned about 0.32% of NII worth $553,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. WINTON GROUP Ltd raised its position in shares of NII by 8.3% during the 2nd quarter. WINTON GROUP Ltd now owns 81,206 shares of the Wireless communications provider’s stock valued at $137,000 after acquiring an additional 6,238 shares in the last quarter. Magnus Financial Group LLC lifted its holdings in shares of NII by 18.6% during the second quarter. Magnus Financial Group LLC now owns 103,582 shares of the Wireless communications provider’s stock valued at $175,000 after purchasing an additional 16,280 shares during the last quarter. Gabelli Funds LLC lifted its holdings in shares of NII by 85.7% during the second quarter. Gabelli Funds LLC now owns 65,000 shares of the Wireless communications provider’s stock valued at $110,000 after purchasing an additional 30,000 shares during the last quarter. Teton Advisors Inc. lifted its holdings in shares of NII by 2.8% during the second quarter. Teton Advisors Inc. now owns 1,100,000 shares of the Wireless communications provider’s stock valued at $1,859,000 after purchasing an additional 30,000 shares during the last quarter. Finally, SG Americas Securities LLC lifted its holdings in shares of NII by 119.7% during the second quarter. SG Americas Securities LLC now owns 65,060 shares of the Wireless communications provider’s stock valued at $110,000 after purchasing an additional 35,444 shares during the last quarter. 61.68% of the stock is currently owned by institutional investors.

Separately, ValuEngine raised NII from a “hold” rating to a “buy” rating in a report on Thursday, August 1st.

Shares of NII stock opened at $1.89 on Friday. NII Holdings Inc has a 1 year low of $1.54 and a 1 year high of $8.51. The stock has a 50-day moving average price of $1.92 and a 200 day moving average price of $1.83.

NII (NASDAQ:NIHD) last issued its earnings results on Tuesday, August 6th. The Wireless communications provider reported ($0.05) earnings per share for the quarter.

In other NII news, major shareholder 683 Capital Management, Llc sold 3,000,000 shares of the company’s stock in a transaction dated Thursday, October 10th. The stock was sold at an average price of $1.90, for a total value of $5,700,000.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 1.33% of the company’s stock.

About NII

NII Holdings, Inc, through its subsidiaries, provides wireless communication services to the individual consumers under the Nextel brand in Brazil. The company offers its services through wideband code division multiple access and long-term evolution networks. Its services include mobile telephone voice and wireless data, and international voice and data roaming services.

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Institutional Ownership by Quarter for NII (NASDAQ:NIHD)

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