State of Wisconsin Investment Board lifted its position in shares of Xcerra Corp (NASDAQ:XCRA) by 94.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,226,995 shares of the semiconductor company’s stock after acquiring an additional 596,800 shares during the period. State of Wisconsin Investment Board’s holdings in Xcerra were worth $12,012,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sii Investments Inc. WI acquired a new stake in shares of Xcerra during the third quarter worth $109,000. LMR Partners LLP acquired a new stake in shares of Xcerra during the third quarter worth $144,000. UBS Asset Management Americas Inc. raised its stake in Xcerra by 24.8% in the second quarter. UBS Asset Management Americas Inc. now owns 17,096 shares of the semiconductor company’s stock valued at $167,000 after purchasing an additional 3,400 shares in the last quarter. Eqis Capital Management Inc. acquired a new position in Xcerra in the third quarter valued at about $172,000. Finally, Teacher Retirement System of Texas acquired a new position in Xcerra in the fourth quarter valued at about $185,000. 86.65% of the stock is owned by institutional investors.
Xcerra Corp (NASDAQ:XCRA) opened at $9.71 on Friday. The company has a market capitalization of $532.91, a PE ratio of 13.49, a P/E/G ratio of 0.83 and a beta of 1.65. Xcerra Corp has a 52 week low of $8.53 and a 52 week high of $10.23. The company has a debt-to-equity ratio of 0.05, a current ratio of 4.27 and a quick ratio of 3.23.
Xcerra (NASDAQ:XCRA) last posted its quarterly earnings results on Thursday, February 22nd. The semiconductor company reported $0.19 EPS for the quarter, beating the Zacks’ consensus estimate of $0.11 by $0.08. The business had revenue of $110.28 million during the quarter, compared to the consensus estimate of $106.82 million. Xcerra had a return on equity of 16.69% and a net margin of 9.85%. Xcerra’s revenue for the quarter was up 37.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.07 earnings per share. equities analysts expect that Xcerra Corp will post 0.97 EPS for the current year.
XCRA has been the subject of a number of analyst reports. Zacks Investment Research downgraded Xcerra from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 1st. Craig Hallum raised Xcerra from a “hold” rating to a “buy” rating in a research note on Friday. Stifel Nicolaus raised Xcerra from a “hold” rating to a “buy” rating in a research note on Friday. ValuEngine raised Xcerra from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. Finally, BidaskClub downgraded Xcerra from a “hold” rating to a “sell” rating in a research note on Thursday, December 14th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $10.40.
In other Xcerra news, VP Pascal Ronde sold 30,000 shares of the business’s stock in a transaction dated Friday, January 5th. The stock was sold at an average price of $9.96, for a total transaction of $298,800.00. Following the completion of the transaction, the vice president now owns 277,250 shares of the company’s stock, valued at $2,761,410. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 2.60% of the stock is currently owned by insiders.
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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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