Algert Global LLC acquired a new position in shares of Xcerra Corp (NASDAQ:XCRA) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 189,200 shares of the semiconductor company’s stock, valued at approximately $1,864,000. Algert Global LLC owned about 0.35% of Xcerra at the end of the most recent quarter.
Several other large investors also recently modified their holdings of XCRA. Dimensional Fund Advisors LP increased its holdings in shares of Xcerra by 1.6% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,023,104 shares of the semiconductor company’s stock valued at $29,536,000 after acquiring an additional 47,037 shares during the period. CNH Partners LLC acquired a new position in shares of Xcerra in the 2nd quarter valued at $26,633,000. Vanguard Group Inc. increased its holdings in shares of Xcerra by 3.2% in the 2nd quarter. Vanguard Group Inc. now owns 2,564,821 shares of the semiconductor company’s stock valued at $25,057,000 after acquiring an additional 79,201 shares during the period. Paulson & CO. Inc. acquired a new position in shares of Xcerra in the 2nd quarter valued at $24,655,000. Finally, Alpine Associates Management Inc. increased its holdings in shares of Xcerra by 46.5% in the 3rd quarter. Alpine Associates Management Inc. now owns 2,493,716 shares of the semiconductor company’s stock valued at $24,564,000 after acquiring an additional 792,100 shares during the period. Institutional investors and hedge funds own 84.56% of the company’s stock.
Xcerra Corp (NASDAQ XCRA) opened at $9.91 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.27 and a quick ratio of 2.78. The stock has a market cap of $541.10, a price-to-earnings ratio of 12.21, a price-to-earnings-growth ratio of 0.64 and a beta of 1.58. Xcerra Corp has a 12 month low of $7.05 and a 12 month high of $10.15.
Xcerra (NASDAQ:XCRA) last announced its quarterly earnings data on Wednesday, November 29th. The semiconductor company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.14. The company had revenue of $120.29 million for the quarter, compared to analysts’ expectations of $108.30 million. Xcerra had a net margin of 9.30% and a return on equity of 14.63%. equities research analysts anticipate that Xcerra Corp will post 0.97 earnings per share for the current fiscal year.
A number of equities analysts have recently commented on the stock. Zacks Investment Research raised shares of Xcerra from a “hold” rating to a “buy” rating and set a $11.00 target price on the stock in a report on Saturday, December 2nd. BidaskClub cut shares of Xcerra from a “hold” rating to a “sell” rating in a report on Thursday. Needham & Company LLC reaffirmed a “hold” rating on shares of Xcerra in a report on Friday, September 1st. B. Riley reaffirmed a “hold” rating and issued a $10.25 target price on shares of Xcerra in a report on Saturday, September 2nd. Finally, ValuEngine raised shares of Xcerra from a “hold” rating to a “buy” rating in a report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $10.40.
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Xcerra Company Profile
Xcerra Corporation is a provider of test and handling capital equipment, interface products, test fixtures and related services to the semiconductor and electronics manufacturing industries. The Company operates through six segments: Semiconductor Test, Semiconductor Handlers, Contactors, PCB Test, Probes/Pins and Fixtures.
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