Tocqueville Asset Management L.P. lifted its position in shares of Electronics For Imaging, Inc. (NASDAQ:EFII) by 23.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 52,000 shares of the technology company’s stock after acquiring an additional 10,000 shares during the period. Tocqueville Asset Management L.P. owned about 0.12% of Electronics For Imaging worth $1,772,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of EFII. Senvest Management LLC lifted its position in shares of Electronics For Imaging by 2.0% during the 3rd quarter. Senvest Management LLC now owns 385,097 shares of the technology company’s stock worth $13,124,000 after buying an additional 7,572 shares during the period. Riverhead Capital Management LLC lifted its position in shares of Electronics For Imaging by 34.8% during the 3rd quarter. Riverhead Capital Management LLC now owns 8,530 shares of the technology company’s stock worth $291,000 after buying an additional 2,200 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Electronics For Imaging by 6.2% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,818,511 shares of the technology company’s stock worth $96,054,000 after buying an additional 165,361 shares during the period. Walthausen & Co. LLC bought a new position in shares of Electronics For Imaging during the 3rd quarter worth approximately $18,391,000. Finally, Carillon Tower Advisers Inc. bought a new position in shares of Electronics For Imaging during the 3rd quarter worth approximately $3,136,000.
Several equities analysts recently commented on EFII shares. ValuEngine upgraded Electronics For Imaging from a “hold” rating to a “buy” rating in a research report on Thursday, November 1st. Zacks Investment Research raised Electronics For Imaging from a “hold” rating to a “buy” rating and set a $37.00 price target for the company in a report on Wednesday, October 10th. Citigroup dropped their price target on Electronics For Imaging from $43.00 to $38.00 and set a “buy” rating for the company in a report on Tuesday, October 30th. Finally, BidaskClub raised Electronics For Imaging from a “sell” rating to a “hold” rating in a report on Wednesday, August 15th. Four analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. Electronics For Imaging has an average rating of “Hold” and an average target price of $33.33.
EFII stock opened at $25.68 on Tuesday. Electronics For Imaging, Inc. has a fifty-two week low of $25.28 and a fifty-two week high of $35.62. The firm has a market cap of $1.13 billion, a P/E ratio of 95.11, a price-to-earnings-growth ratio of 78.12 and a beta of 1.00.
Electronics For Imaging (NASDAQ:EFII) last released its quarterly earnings results on Monday, October 29th. The technology company reported $0.50 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.50. Electronics For Imaging had a positive return on equity of 0.51% and a negative net margin of 2.27%. The firm had revenue of $257.10 million during the quarter, compared to analysts’ expectations of $263.24 million. During the same period last year, the firm posted $0.48 EPS. The business’s revenue was up 3.5% on a year-over-year basis. Equities analysts anticipate that Electronics For Imaging, Inc. will post 0.11 earnings per share for the current fiscal year.
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Electronics For Imaging Profile
Electronics for Imaging, Inc provides industrial format display graphics, corrugated packaging and display, textile, and ceramic tile decoration digital inkjet printers worldwide. Its Industrial Inkjet segment offers VUTEk format display graphics, Nozomi corrugated packaging and display, Reggiani textile, and Cretaprint ceramic tile decoration and building material industrial digital inkjet printers; digital ultra-violet curable, light emitting diode curable, ceramic, water-based, thermoforming, and specialty inks; various textile inks, including dye sublimation, pigmented, reactive dye, acid dye, pure disperse dye, and water-based dispersed printing inks, as well as coatings; digital inkjet printer parts; and professional services.
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