Calix, Inc. (NYSE:CALX) Stock Holdings Increased by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. lifted its stake in Calix, Inc. (NYSE:CALX) by 34.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 410,463 shares of the communications equipment provider’s stock after purchasing an additional 105,969 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Calix were worth $15,921,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Calix by 5.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 129,608 shares of the communications equipment provider’s stock worth $5,027,000 after purchasing an additional 6,984 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Calix by 29.4% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,024 shares of the communications equipment provider’s stock worth $428,000 after purchasing an additional 2,505 shares in the last quarter. Townsquare Capital LLC lifted its position in shares of Calix by 29.7% in the third quarter. Townsquare Capital LLC now owns 113,655 shares of the communications equipment provider’s stock worth $4,409,000 after purchasing an additional 26,007 shares in the last quarter. BNP Paribas Financial Markets lifted its position in shares of Calix by 14.5% in the third quarter. BNP Paribas Financial Markets now owns 25,204 shares of the communications equipment provider’s stock worth $978,000 after purchasing an additional 3,190 shares in the last quarter. Finally, FMR LLC lifted its position in shares of Calix by 49.0% in the third quarter. FMR LLC now owns 2,398 shares of the communications equipment provider’s stock worth $93,000 after purchasing an additional 789 shares in the last quarter. 98.14% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Rosenblatt Securities reissued a “buy” rating and issued a $45.00 price target on shares of Calix in a research report on Thursday, October 3rd. StockNews.com raised shares of Calix from a “sell” rating to a “hold” rating in a research report on Tuesday, October 8th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $45.00 price objective on shares of Calix in a research report on Tuesday, October 29th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $42.50.

Calix Stock Up 1.2 %

NYSE:CALX opened at $32.53 on Monday. Calix, Inc. has a 12 month low of $26.76 and a 12 month high of $45.15. The firm has a market cap of $2.16 billion, a price-to-earnings ratio of -135.54 and a beta of 1.75. The company’s 50 day moving average is $35.78 and its 200-day moving average is $35.77.

Calix (NYSE:CALX) last released its quarterly earnings results on Monday, October 28th. The communications equipment provider reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.04. Calix had a negative net margin of 1.79% and a positive return on equity of 1.33%. The company had revenue of $200.95 million for the quarter, compared to analyst estimates of $201.06 million. During the same quarter last year, the firm posted $0.25 earnings per share. The company’s quarterly revenue was down 23.8% compared to the same quarter last year. Research analysts predict that Calix, Inc. will post -0.34 EPS for the current fiscal year.

Calix Company Profile

Calix, Inc, together with its subsidiaries, engages in the provision of cloud and software platforms, and systems and services in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its cloud and software platforms, and systems and services enable broadband service providers (BSPs) to provide a range of services.