Cogent Communications Holdings, Inc. (CCOI) Analysts See $0.17 EPS

July 11, 2018 - By Lisa Delgado

Cogent Communications Holdings, Inc. (NASDAQ:CCOI) LogoInvestors sentiment decreased to 1.05 in Q1 2018. Its down 0.12, from 1.17 in 2017Q4. It is negative, as 19 investors sold Cogent Communications Holdings, Inc. shares while 57 reduced holdings. 18 funds opened positions while 62 raised stakes. 40.77 million shares or 5.17% less from 42.99 million shares in 2017Q4 were reported.
Great West Life Assurance Can accumulated 528,163 shares. Emerald Mutual Fund Advisers invested in 0.46% or 268,601 shares. Suntrust Banks Inc invested in 0% or 8,229 shares. Trexquant Investment Ltd Partnership stated it has 0.06% in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). Tortoise Inv Management holds 0% or 20 shares in its portfolio. Geode Mngmt Limited, Massachusetts-based fund reported 385,720 shares. Rhumbline Advisers has invested 0.01% in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). Strs Ohio invested in 200 shares or 0% of the stock. Bradley Foster & Sargent Ct invested in 0.03% or 16,048 shares. Mason Street Advsrs invested 0.01% of its portfolio in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). 5,331 are owned by Dorsey And Whitney Trust Communications Limited Liability Company. Fort Washington Advisors Oh holds 0.17% or 386,000 shares. Fmr Ltd Liability Corporation, Massachusetts-based fund reported 2.03 million shares. Granahan Inv Mgmt Ma invested in 0.1% or 30,378 shares. State Board Of Administration Of Florida Retirement Systems owns 0% invested in Cogent Communications Holdings, Inc. (NASDAQ:CCOI) for 26,118 shares.

Since March 1, 2018, it had 0 buys, and 21 sales for $2.53 million activity. Another trade for 3,000 shares valued at $161,333 was sold by KUMMER RAYMOND B. KILMER HENRY W also sold $157,896 worth of Cogent Communications Holdings, Inc. (NASDAQ:CCOI) shares. ONEILL TIMOTHY G also sold $45,750 worth of Cogent Communications Holdings, Inc. (NASDAQ:CCOI) shares. WEED THADDEUS GERARD had sold 4,500 shares worth $230,039. BEURY ROBERT N JR sold $153,434 worth of Cogent Communications Holdings, Inc. (NASDAQ:CCOI) on Friday, June 1. BUBECK JAMES sold 300 shares worth $12,902.

Analysts expect Cogent Communications Holdings, Inc. (NASDAQ:CCOI) to report $0.17 EPS on August, 2.They anticipate $0.07 EPS change or 70.00 % from last quarter’s $0.1 EPS. CCOI’s profit would be $7.64M giving it 76.47 P/E if the $0.17 EPS is correct. After having $0.15 EPS previously, Cogent Communications Holdings, Inc.’s analysts see 13.33 % EPS growth. The stock decreased 5.28% or $2.9 during the last trading session, reaching $52. About 351,927 shares traded or 31.49% up from the average. Cogent Communications Holdings, Inc. (NASDAQ:CCOI) has risen 24.66% since July 12, 2017 and is uptrending. It has outperformed by 12.09% the S&P500.

Cogent Communications Holdings, Inc. (NASDAQ:CCOI) Ratings Coverage

Among 6 analysts covering Cogent Comms Hldgs (NASDAQ:CCOI), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. Cogent Comms Hldgs had 7 analyst reports since February 23, 2018 according to SRatingsIntel. The rating was maintained by William Blair with “Buy” on Wednesday, April 4. The stock has “Buy” rating by Deutsche Bank on Friday, February 23. Jefferies maintained Cogent Communications Holdings, Inc. (NASDAQ:CCOI) on Friday, February 23 with “Hold” rating. The firm has “Hold” rating by Cowen & Co given on Thursday, February 22. The stock of Cogent Communications Holdings, Inc. (NASDAQ:CCOI) has “Hold” rating given on Friday, May 4 by Deutsche Bank. RBC Capital Markets downgraded Cogent Communications Holdings, Inc. (NASDAQ:CCOI) on Tuesday, May 29 to “Sector Perform” rating.

Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access and Internet protocol communications services primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations in North America, Europe, and Asia. The company has market cap of $2.34 billion. The firm offers on-net Internet access services to bandwidth-intensive users, such as universities, other Internet service providers, telephone companies, cable television companies, Web hosting companies, content delivery network companies, and commercial content and application service providers; and to corporate clients located in multi-tenant office buildings, including law firms, financial services firms, advertising and marketing firms, and other professional services businesses. It has a 273.68 P/E ratio. It also provides its on-net services in carrier-neutral data centers, Cogent controlled data centers, and single-tenant office buildings.

More recent Cogent Communications Holdings, Inc. (NASDAQ:CCOI) news were published by: Globenewswire.com which released: “Report: Developing Opportunities within Spartan Motors, Ultragenyx Pharmaceutical, Advanced Energy Industries …” on June 19, 2018. Also Streetinsider.com published the news titled: “Cogent Communication (CCOI) Added to Short-Term Sell List at Deutsche Bank” on July 11, 2018. Seekingalpha.com‘s news article titled: “Cogent Comms hits month’s low on DB Sell rating” with publication date: July 11, 2018 was also an interesting one.

Cogent Communications Holdings, Inc. (NASDAQ:CCOI) Institutional Positions Chart

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