Bank of New York Mellon Corp lifted its holdings in shares of B Communications Ltd. (NASDAQ:BCOM) by 74.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 94,114 shares of the utilities provider’s stock after purchasing an additional 40,019 shares during the quarter. Bank of New York Mellon Corp’s holdings in B Communications were worth $1,365,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in BCOM. Swiss National Bank increased its holdings in shares of B Communications by 40.7% during the second quarter. Swiss National Bank now owns 19,903 shares of the utilities provider’s stock worth $345,000 after purchasing an additional 5,755 shares during the period. Edmond DE Rothschild Holding S.A. increased its holdings in shares of B Communications by 27.4% during the second quarter. Edmond DE Rothschild Holding S.A. now owns 18,350 shares of the utilities provider’s stock worth $318,000 after purchasing an additional 3,950 shares during the period. Alliancebernstein L.P. increased its holdings in shares of B Communications by 8.2% during the second quarter. Alliancebernstein L.P. now owns 50,340 shares of the utilities provider’s stock worth $866,000 after purchasing an additional 3,800 shares during the period. Vanguard Group Inc. increased its holdings in shares of B Communications by 1.5% during the second quarter. Vanguard Group Inc. now owns 190,985 shares of the utilities provider’s stock worth $3,284,000 after purchasing an additional 2,809 shares during the period. Finally, Goldman Sachs Group Inc. increased its holdings in shares of B Communications by 21.6% during the second quarter. Goldman Sachs Group Inc. now owns 12,504 shares of the utilities provider’s stock worth $215,000 after purchasing an additional 2,221 shares during the period. 2.98% of the stock is currently owned by institutional investors.

B Communications Ltd. (NASDAQ:BCOM) opened at $17.99 on Thursday. B Communications Ltd. has a fifty-two week low of $12.20 and a fifty-two week high of $21.50. The company has a market cap of $1,890.00, a P/E ratio of 4.25 and a beta of 1.57. The company has a current ratio of 1.48, a quick ratio of 1.45 and a debt-to-equity ratio of 4.35.

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About B Communications

B Communications Ltd. is focused on the telecommunications industry. The Company’s principal asset is its ownership interest in Bezeq The Israel Telecommunications Corp. Ltd. (Bezeq), a provider of communications services in Israel. Bezeq and its subsidiaries operate through segments, including Bezeq, which offers fixed-line telephony services and fixed-line broadband Internet infrastructure access; Pelephone, which offers cellular telephony services; Bezeq International, which offers Internet service provider (ISP) and international telephony (ILD) services, and DBS, which offers pay television services.

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Institutional Ownership by Quarter for B Communications (NASDAQ:BCOM)

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