Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) CFO Steven L. Childers acquired 1,000 shares of the company’s stock in a transaction dated Friday, November 17th. The stock was acquired at an average cost of $13.40 per share, for a total transaction of $13,400.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Consolidated Communications Holdings, Inc. (NASDAQ CNSL) traded down $0.02 on Friday, hitting $13.45. 847,908 shares of the company traded hands, compared to its average volume of 904,193. The company has a debt-to-equity ratio of 4.61, a quick ratio of 0.88 and a current ratio of 0.88. Consolidated Communications Holdings, Inc. has a 1 year low of $13.04 and a 1 year high of $30.23. The firm has a market cap of $952.74, a PE ratio of 38.43, a P/E/G ratio of 24.23 and a beta of 0.86.

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 1st. Investors of record on Monday, January 15th will be paid a $0.387 dividend. This represents a $1.55 annualized dividend and a dividend yield of 11.51%. The ex-dividend date of this dividend is Thursday, January 11th. Consolidated Communications Holdings’s dividend payout ratio is currently -287.03%.

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Several institutional investors and hedge funds have recently bought and sold shares of the stock. Martin & Co. Inc. TN lifted its stake in shares of Consolidated Communications Holdings by 28.8% in the 3rd quarter. Martin & Co. Inc. TN now owns 106,443 shares of the utilities provider’s stock valued at $2,031,000 after purchasing an additional 23,795 shares during the period. Dana Investment Advisors Inc. lifted its stake in shares of Consolidated Communications Holdings by 9.3% in the 3rd quarter. Dana Investment Advisors Inc. now owns 52,040 shares of the utilities provider’s stock valued at $993,000 after purchasing an additional 4,444 shares during the period. California Public Employees Retirement System lifted its stake in shares of Consolidated Communications Holdings by 21.5% in the 3rd quarter. California Public Employees Retirement System now owns 116,422 shares of the utilities provider’s stock valued at $2,221,000 after purchasing an additional 20,633 shares during the period. Engineers Gate Manager LP acquired a new position in shares of Consolidated Communications Holdings in the 3rd quarter valued at $751,000. Finally, Sirios Capital Management L P acquired a new position in shares of Consolidated Communications Holdings in the 3rd quarter valued at $5,292,000. Hedge funds and other institutional investors own 58.00% of the company’s stock.

Several analysts have recently commented on the stock. ValuEngine downgraded shares of Consolidated Communications Holdings from a “hold” rating to a “sell” rating in a report on Wednesday, September 6th. BidaskClub raised shares of Consolidated Communications Holdings from a “hold” rating to a “buy” rating in a report on Tuesday, August 8th. Cowen and Company reaffirmed a “hold” rating and issued a $22.00 price objective on shares of Consolidated Communications Holdings in a report on Friday, July 28th. TheStreet downgraded shares of Consolidated Communications Holdings from a “c” rating to a “d+” rating in a report on Thursday, August 3rd. Finally, Zacks Investment Research downgraded shares of Consolidated Communications Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, two have given a buy rating and two have issued a strong buy rating to the company’s stock. Consolidated Communications Holdings has a consensus rating of “Hold” and an average price target of $22.00.

Consolidated Communications Holdings Company Profile

Consolidated Communications Holdings, Inc is a holding company with operating subsidiaries that provide integrated communications services in consumer, commercial and carrier channels in California, Illinois, Iowa, Kansas, Minnesota, Missouri, North Dakota, Pennsylvania, South Dakota, Texas and Wisconsin.

Insider Buying and Selling by Quarter for Consolidated Communications Holdings (NASDAQ:CNSL)

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