Vanguard Group Inc. lessened its position in NII Holdings, Inc. (NASDAQ:NIHD) by 3.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 13,006,412 shares of the Wireless communications provider’s stock after selling 395,430 shares during the quarter. Vanguard Group Inc. owned approximately 12.93% of NII Holdings worth $10,457,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FNY Partners Fund LP purchased a new position in shares of NII Holdings in the 2nd quarter valued at approximately $158,000. Hosking Partners LLP lifted its stake in shares of NII Holdings by 1.7% in the 2nd quarter. Hosking Partners LLP now owns 914,557 shares of the Wireless communications provider’s stock valued at $735,000 after purchasing an additional 15,652 shares during the period. Teton Advisors Inc. lifted its stake in shares of NII Holdings by 9.9% in the 2nd quarter. Teton Advisors Inc. now owns 220,019 shares of the Wireless communications provider’s stock valued at $177,000 after purchasing an additional 19,800 shares during the period. LMR Partners LLP purchased a new position in shares of NII Holdings in the 2nd quarter valued at approximately $112,000. Finally, Sei Investments Co. lifted its stake in shares of NII Holdings by 63.0% in the 2nd quarter. Sei Investments Co. now owns 516,542 shares of the Wireless communications provider’s stock valued at $416,000 after purchasing an additional 199,720 shares during the period. Institutional investors own 76.27% of the company’s stock.

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NII Holdings, Inc. (NASDAQ NIHD) opened at $0.35 on Thursday. The company has a current ratio of 0.78, a quick ratio of 0.77 and a debt-to-equity ratio of -3.56. NII Holdings, Inc. has a one year low of $0.33 and a one year high of $3.45.

NII Holdings Company Profile

NII Holdings, Inc provides wireless communication services under the Nextel brand in Brazil. It offers mobile telephone voice services; wireless data services, including text messaging, mobile Internet, and email services; and push-to-talk services, such as Direct Connect, and Prip and International Direct Connect services, which allow subscribers to talk to each other instantly.

Institutional Ownership by Quarter for NII Holdings (NASDAQ:NIHD)

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