OxFORD Asset Management LLP raised its stake in shares of Benchmark Electronics, Inc. (NYSE:BHE) by 37.7% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 122,191 shares of the technology company’s stock after acquiring an additional 33,468 shares during the period. OxFORD Asset Management LLP owned approximately 0.25% of Benchmark Electronics worth $4,222,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Shell Asset Management Co. lifted its stake in Benchmark Electronics by 34.3% during the 3rd quarter. Shell Asset Management Co. now owns 92,541 shares of the technology company’s stock valued at $2,055,000 after acquiring an additional 23,655 shares during the period. Vanguard Group Inc. lifted its stake in Benchmark Electronics by 2.7% during the 2nd quarter. Vanguard Group Inc. now owns 4,650,069 shares of the technology company’s stock valued at $150,198,000 after acquiring an additional 121,337 shares during the period. Eagle Boston Investment Management Inc. lifted its stake in Benchmark Electronics by 3.3% during the 2nd quarter. Eagle Boston Investment Management Inc. now owns 223,062 shares of the technology company’s stock valued at $7,204,000 after acquiring an additional 7,069 shares during the period. Cornerstone Capital Management Holdings LLC. bought a new position in Benchmark Electronics during the 2nd quarter valued at about $538,000. Finally, Crossmark Global Holdings Inc. bought a new position in Benchmark Electronics during the 3rd quarter valued at about $574,000. Institutional investors and hedge funds own 94.88% of the company’s stock.
Benchmark Electronics, Inc. (BHE) opened at $29.50 on Thursday. Benchmark Electronics, Inc. has a one year low of $28.85 and a one year high of $35.80. The company has a quick ratio of 2.66, a current ratio of 3.60 and a debt-to-equity ratio of 0.14. The firm has a market cap of $1,476.78, a P/E ratio of 19.04 and a beta of 0.49.
Benchmark Electronics (NYSE:BHE) last issued its quarterly earnings data on Wednesday, October 18th. The technology company reported $0.39 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.05. Benchmark Electronics had a net margin of 2.63% and a return on equity of 5.62%. The firm had revenue of $604.00 million for the quarter, compared to analysts’ expectations of $584.50 million. During the same quarter in the prior year, the business earned $0.36 EPS. The business’s quarterly revenue was up 5.2% on a year-over-year basis.
Several equities analysts have recently weighed in on BHE shares. TheStreet cut shares of Benchmark Electronics from a “b” rating to a “c+” rating in a research note on Monday, November 13th. Needham & Company LLC cut shares of Benchmark Electronics from a “buy” rating to a “hold” rating in a research note on Thursday, October 19th. One investment analyst has rated the stock with a sell rating and three have issued a hold rating to the company’s stock. Benchmark Electronics has a consensus rating of “Hold” and a consensus price target of $36.67.
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Benchmark Electronics Profile
Benchmark Electronics, Inc is a provider of electronic manufacturing services. The Company operates through three segments: the Americas, Asia and Europe. It provides services to original equipment manufacturers of industrial control equipment, including equipment for the aerospace and defense industry; telecommunication equipment; computers and related products for business enterprises; medical devices, and testing and instrumentation products.
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