Lathrop Investment Management Corp adds Communications Sales & Leasing Inc (CSAL) to its portfolio

Communications Sales & Leasing Inc (CSAL) : Lathrop Investment Management Corp added new position in Communications Sales & Leasing Inc during the most recent quarter end. The investment management firm now holds 10,167 shares of Communications Sales & Leasing Inc which is valued at $243,500 , the company said in a statement filed on Apr 21, 2016 with the SEC.Communications Sales & Leasing Inc makes up approximately 0.08% of Lathrop Investment Management Corp’s portfolio.

Communications Sales & Leasing Inc opened for trading at $23.5 and hit $23.94 on the upside on Wednesday, eventually ending the session at $23.69, with a gain of 0.64% or 0.15 points. The heightened volatility saw the trading volume jump to 4,66,685 shares. Company has a market cap of $3,566 M.

Other Hedge Funds, Including , Horrell Capital Management boosted its stake in CSAL in the latest quarter, The investment management firm added 78,044 additional shares and now holds a total of 225,500 shares of Communications Sales & Leasing Inc which is valued at $5,400,725. Communications Sales & Leasing Inc makes up approx 3.33% of Horrell Capital Management’s portfolio.Winslow Evans Crocker boosted its stake in CSAL in the latest quarter, The investment management firm added 610 additional shares and now holds a total of 646 shares of Communications Sales & Leasing Inc which is valued at $15,472. Donald L. Hagan added CSAL to its portfolio by purchasing 35 company shares during the most recent quarter which is valued at $822. Acadian Asset Management sold out all of its stake in CSAL during the most recent quarter. The investment firm sold 23,929 shares of CSAL which is valued $561,853.

Communications Sales & Leasing Inc. (CS&L) is engaged in the ownership acquisition and leasing of communication distribution systems. The Company holds the fiber and copper networks and other real estate (the Distribution Systems) and a small consumer competitive local exchange carrier (CLEC) business (the Consumer CLEC Business). The Company’s leasing activities consists of leasing back to Windstream Holdings Inc. the Distribution Systems through a triple-net master lease agreement (the Master Lease). The Company also expands its portfolio by acquiring other real property assets within or outside of the communications infrastructure industry for lease to third-parties.

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