Aviat Networks, Inc. (NASDAQ:AVNW) Shares Purchased by Marshall Wace LLP

Marshall Wace LLP grew its holdings in Aviat Networks, Inc. (NASDAQ:AVNW - Free Report) by 475.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 230,012 shares of the communications equipment provider's stock after purchasing an additional 190,074 shares during the period. Marshall Wace LLP owned approximately 1.81% of Aviat Networks worth $4,166,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. GAMMA Investing LLC acquired a new position in Aviat Networks in the fourth quarter valued at about $34,000. AlphaQuest LLC acquired a new position in shares of Aviat Networks in the 4th quarter worth approximately $133,000. Quantbot Technologies LP purchased a new position in shares of Aviat Networks during the 4th quarter worth approximately $156,000. Truvestments Capital LLC increased its holdings in Aviat Networks by 8.0% in the 4th quarter. Truvestments Capital LLC now owns 10,723 shares of the communications equipment provider's stock valued at $194,000 after purchasing an additional 794 shares during the last quarter. Finally, Walleye Capital LLC acquired a new stake in Aviat Networks in the 4th quarter valued at approximately $248,000. 78.62% of the stock is currently owned by hedge funds and other institutional investors.

Aviat Networks Stock Down 3.1 %

Shares of Aviat Networks stock traded down $0.57 during trading hours on Wednesday, reaching $17.56. 73,991 shares of the company were exchanged, compared to its average volume of 151,420. The firm has a market cap of $222.73 million, a PE ratio of -87.80 and a beta of 1.57. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.37 and a current ratio of 1.68. Aviat Networks, Inc. has a 1 year low of $12.96 and a 1 year high of $34.50. The stock's fifty day moving average is $18.70 and its 200 day moving average is $18.77.

Aviat Networks (NASDAQ:AVNW - Get Free Report) last released its earnings results on Tuesday, February 4th. The communications equipment provider reported $0.66 EPS for the quarter, topping the consensus estimate of $0.09 by $0.57. Aviat Networks had a positive return on equity of 4.33% and a negative net margin of 0.56%. As a group, equities research analysts forecast that Aviat Networks, Inc. will post 0.5 earnings per share for the current year.

Analyst Ratings Changes

AVNW has been the topic of a number of research reports. Northland Securities restated an "outperform" rating and set a $30.00 price target (up from $27.00) on shares of Aviat Networks in a research note on Wednesday, February 5th. StockNews.com raised Aviat Networks from a "sell" rating to a "hold" rating in a research note on Wednesday, February 5th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $37.60.

Aviat Networks Company Profile

Aviat Networks, Inc provides microwave networking and wireless access networking solutions in North America, Africa, the Middle East, Europe, Latin America, and the Asia Pacific. The company offers outdoor, indoor, and split-mount radios; microwave routers, switches, and trunking; and private LTE, virtual fiber, and element management products; and hosted software products, such as aviat design, frequency assurance software, and health assurance software.