Frontier Communications Corporation (NASDAQ:FTR) is on recovery track with 43.09% gain from a 1-year low price of $1.81. The company lost -3.72% to attain the price of $2.59 on 3/14/2019. Throughout the recent session, the prices were hovering between $2.59 and $2.74. These shares are -6.56% up from its target price of $2.42 and the current market capitalization stands at $277.78M. The recent change has given its price a 5.22% lead over SMA 50 and -77.75% deficit over its 52-week high. The stock witnessed 15.11% gains, -9.44% declines and -53.08% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found FTR’s volatility during a week at 4.91% and during a month it has been found around 8.22%.

Frontier Communications Corporation (FTR) Top Holders

Institutional investors currently hold around $223 million or 80% in FTR stock. Look at its top three institutional owners: Blackrock Inc. owns $44.01 million in Frontier Communications Corporation, which represents roughly 15.84% of the company’s market cap and approximately 19.73% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 10,678,036 shares of the stock are valued at $28.72 million. The third largest holder is State Street Corp, which currently holds $11.37 million worth of this stock and that ownership represents nearly 4.09% of its market capitalization.

Frontier Communications Corporation 13F Filings

At the end of December reporting period, 161 institutional holders increased their position in Frontier Communications Corporation (NASDAQ:FTR) by some 17,686,707 shares, 150 decreased positions by 10,847,047 and 100 held positions by 54,266,236. That puts total institutional holdings at 82,799,990 shares, according to SEC filings. The stock grabbed 65 new institutional investments totaling 5,080,603 shares while 61 institutional investors sold out their entire positions totaling 5,351,295 shares.

Frontier Communications Corporation (FTR) Analyst Guide

Several analysts have released their opinion on Frontier Communications Corporation (NASDAQ:FTR), with 0 analysts believing it is a strong buy. Whereas 5 of them predict the stock is a hold. Also, there are 0 buy, 4 sell and 3 strong sell ratings, collectively assigning a 3.83 average brokerage recommendation [T1].