Coastland Capital adds Xura Inc (MESG) to its portfolio

Xura Inc (MESG) : Coastland Capital added new position in Xura Inc during the most recent quarter end. The investment management firm now holds 203,754 shares of Xura Inc which is valued at $5,073,475 , the company said in a statement filed on Aug 15, 2016 with the SEC.Xura Inc makes up approximately 0.62% of Coastland Capital’s portfolio.

Other Hedge Funds, Including , Rubric Capital Management reduced its stake in MESG by selling 966,610 shares or 86.61% in the most recent quarter. The Hedge Fund company now holds 149,390 shares of MESG which is valued at $3,719,811. Xura Inc makes up approx 43.49% of Rubric Capital Management’s portfolio.Geode Capital Management boosted its stake in MESG in the latest quarter, The investment management firm added 32,100 additional shares and now holds a total of 201,313 shares of Xura Inc which is valued at $5,012,694. Bayesian Capital Management Lp added MESG to its portfolio by purchasing 16,225 company shares during the most recent quarter which is valued at $404,003. Xura Inc makes up approx 0.23% of Bayesian Capital Management Lp’s portfolio. Tower Research Capital (trc) sold out all of its stake in MESG during the most recent quarter. The investment firm sold 100 shares of MESG which is valued $2,490. Sphinx Trading Lp added MESG to its portfolio by purchasing 5,000 company shares during the most recent quarter which is valued at $123,850. Xura Inc makes up approx 0.99% of Sphinx Trading Lp’s portfolio.

Many Wall Street Analysts have commented on Xura Inc. Xura Inc was Downgraded by Craig Hallum to ” Hold” on Jun 30, 2016.

Xura Inc. formerly Comverse Inc. is a global provider of cloud-based and in-network services enablement and monetization software solutions for communication service providers (CSPs) and enterprises. The Company offers a suite of software solutions designed to support users’ connected lifestyles. The Company operates through two segments: Business Support Systems (BSS) and Digital Services. The BSS segment conducts the Company’s converged prepaid and postpaid billing and active customer management systems business along with its policy solutions products. The Digital Services segment conducts the Company’s digital services business and includes groups engaged in product management delivery support professional services research and development and product sales support. The Company’s product suite is offered through domains such as BSS Digital Services Enterprise Monetization Solutions and Managed and Professional Services.

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