K2 Principal Fund L.P. Has $990,000 Position in Neustar Inc (NSR)
K2 Principal Fund L.P. maintained its position in Neustar Inc (NYSE:NSR) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 29,678 shares of the technology company’s stock at the close of the 2nd quarter. K2 Principal Fund L.P. owned about 0.05% of Neustar worth $990,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LS Investment Advisors LLC grew its stake in shares of Neustar by 21.0% in the second quarter. LS Investment Advisors LLC now owns 4,364 shares of the technology company’s stock worth $146,000 after acquiring an additional 758 shares during the last quarter. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Neustar in the second quarter worth $200,000. ING Groep NV purchased a new stake in shares of Neustar in the second quarter worth $226,000. Advantus Capital Management Inc grew its stake in shares of Neustar by 4.1% in the first quarter. Advantus Capital Management Inc now owns 7,061 shares of the technology company’s stock worth $234,000 after acquiring an additional 279 shares during the last quarter. Finally, Laurion Capital Management LP purchased a new stake in shares of Neustar in the second quarter worth $237,000. 88.80% of the stock is currently owned by hedge funds and other institutional investors.
Separately, BidaskClub cut Neustar from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Five equities research analysts have rated the stock with a hold rating, The company has an average rating of “Hold” and an average target price of $32.00.
Shares of Neustar Inc (NYSE NSR) remained flat at $33.50 on Friday. 580,477 shares of the company’s stock traded hands. Neustar Inc has a 12-month low of $21.10 and a 12-month high of $34.40. The company has a 50 day moving average price of $33.39 and a 200 day moving average price of $33.28.
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NeuStar, Inc is a global information services provider. The Company’s cloud-based platforms and differentiated data sets offer informative, real-time analytics, which enable clients to make actionable, data-driven decisions. It provides chief marketing officers a suite of services to plan their media spends, identify and locate desired customers, invest in marketing campaigns, deliver relevant offers and measure the performance of these activities.
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