Norges Bank acquired a new stake in Vocera Communications Inc (NYSE:VCRA) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 333,649 shares of the communications equipment provider’s stock, valued at approximately $13,129,000.
A number of other institutional investors and hedge funds have also modified their holdings of the business. Bronfman E.L. Rothschild L.P. lifted its position in shares of Vocera Communications by 116.4% in the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 1,190 shares of the communications equipment provider’s stock valued at $47,000 after acquiring an additional 640 shares in the last quarter. Group One Trading L.P. purchased a new position in shares of Vocera Communications in the fourth quarter valued at approximately $125,000. Legal & General Group Plc lifted its position in shares of Vocera Communications by 13.0% in the fourth quarter. Legal & General Group Plc now owns 5,348 shares of the communications equipment provider’s stock valued at $211,000 after acquiring an additional 616 shares in the last quarter. Ibex Investors LLC purchased a new position in shares of Vocera Communications in the fourth quarter valued at approximately $223,000. Finally, United Services Automobile Association purchased a new position in shares of Vocera Communications in the fourth quarter valued at approximately $278,000.
Shares of Vocera Communications stock opened at $32.55 on Monday. Vocera Communications Inc has a one year low of $22.96 and a one year high of $42.60. The company has a market cap of $1.01 billion, a P/E ratio of -191.47 and a beta of 0.25. The company has a current ratio of 4.49, a quick ratio of 4.42 and a debt-to-equity ratio of 0.68.
Vocera Communications (NYSE:VCRA) last announced its quarterly earnings data on Thursday, April 25th. The communications equipment provider reported ($0.17) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.39) by $0.22. Vocera Communications had a negative return on equity of 7.89% and a negative net margin of 9.52%. The firm had revenue of $35.30 million for the quarter, compared to the consensus estimate of $34.03 million. During the same quarter last year, the business posted $0.04 earnings per share. The firm’s revenue was down 12.2% compared to the same quarter last year. On average, research analysts predict that Vocera Communications Inc will post -0.29 earnings per share for the current year.
Several research firms have recently weighed in on VCRA. ValuEngine downgraded Vocera Communications from a “strong-buy” rating to a “buy” rating in a research report on Thursday, April 18th. Cantor Fitzgerald restated a “buy” rating and issued a $37.00 target price on shares of Vocera Communications in a research report on Thursday. Zacks Investment Research downgraded Vocera Communications from a “buy” rating to a “hold” rating in a research report on Saturday, February 9th. Guggenheim started coverage on Vocera Communications in a research report on Wednesday, April 17th. They set a “buy” rating and a $35.00 price objective on the stock. Finally, Dougherty & Co downgraded Vocera Communications from a “buy” rating to a “neutral” rating in a research report on Monday, January 14th. They noted that the move was a valuation call. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Vocera Communications presently has an average rating of “Buy” and an average price target of $39.00.
In other Vocera Communications news, CFO Justin Spencer sold 7,678 shares of the firm’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of $30.98, for a total transaction of $237,864.44. Following the completion of the sale, the chief financial officer now owns 153,245 shares of the company’s stock, valued at $4,747,530.10. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, General Counsel Douglas Alan Carlen sold 1,990 shares of the firm’s stock in a transaction on Friday, February 15th. The stock was sold at an average price of $30.31, for a total value of $60,316.90. The disclosure for this sale can be found here. In the last three months, insiders have sold 86,035 shares of company stock valued at $2,825,033. 4.90% of the stock is owned by insiders.
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Vocera Communications Profile
Vocera Communications, Inc provides secure, integrated, and intelligent communication and workflow solutions that empowers mobile workers in healthcare, hospitality, energy, and other mission-critical mobile work environments in the United States and internationally. The company's communication solution could be integrated with other clinical systems, including electronic health records, nurse call systems, and patient monitoring, as well as to provide critical data, alerts, alarms, and clinical context that enable workflow.
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