Intelsat SA (NYSE:I) was the target of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 2,462,631 shares, a growth of 58.7% from the January 12th total of 1,551,546 shares. Based on an average daily trading volume, of 420,627 shares, the short-interest ratio is presently 5.9 days. Approximately 6.2% of the company’s shares are sold short.

Intelsat (NYSE:I) opened at $3.03 on Thursday. The company has a debt-to-equity ratio of -3.83, a quick ratio of 1.11 and a current ratio of 1.11. The firm has a market cap of $357.64, a P/E ratio of 0.58 and a beta of 1.73. Intelsat has a one year low of $2.44 and a one year high of $7.47.

A number of large investors have recently bought and sold shares of I. Rhumbline Advisers raised its stake in Intelsat by 15.3% during the second quarter. Rhumbline Advisers now owns 39,692 shares of the technology company’s stock worth $121,000 after purchasing an additional 5,265 shares during the period. Alliancebernstein L.P. raised its stake in Intelsat by 16.0% during the second quarter. Alliancebernstein L.P. now owns 42,800 shares of the technology company’s stock worth $131,000 after purchasing an additional 5,900 shares during the period. Citadel Advisors LLC raised its stake in Intelsat by 95.4% during the third quarter. Citadel Advisors LLC now owns 32,587 shares of the technology company’s stock worth $153,000 after purchasing an additional 15,913 shares during the period. Teachers Advisors LLC raised its stake in Intelsat by 45.3% during the second quarter. Teachers Advisors LLC now owns 61,553 shares of the technology company’s stock worth $188,000 after purchasing an additional 19,189 shares during the period. Finally, California State Teachers Retirement System raised its stake in Intelsat by 1.1% during the second quarter. California State Teachers Retirement System now owns 64,317 shares of the technology company’s stock worth $197,000 after purchasing an additional 700 shares during the period. 36.58% of the stock is currently owned by institutional investors.

Several brokerages recently issued reports on I. Jefferies Group reissued a “hold” rating on shares of Intelsat in a research note on Tuesday, February 6th. Zacks Investment Research raised shares of Intelsat from a “sell” rating to a “hold” rating and set a $6.75 price objective on the stock in a research note on Wednesday, October 25th. UBS Group downgraded shares of Intelsat from a “neutral” rating to a “sell” rating and reduced their price objective for the company from $3.50 to $3.00 in a research note on Wednesday, November 1st. Royal Bank of Canada downgraded shares of Intelsat from an “outperform” rating to a “sector perform” rating in a research note on Thursday, October 26th. Finally, ValuEngine raised shares of Intelsat from a “sell” rating to a “hold” rating in a research note on Sunday, December 31st. One analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a strong buy rating to the company’s stock. Intelsat presently has a consensus rating of “Hold” and a consensus target price of $4.25.

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Intelsat Company Profile

Intelsat SA operates in satellite services business. The Company provides satellite services to its communications customers around the world. It provides communications services to media companies, fixed and wireless telecommunications operators, data networking service providers for enterprise and mobile applications in the air and on the seas, multinational corporations and Internet service providers (ISPs).

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