Legal & General Group Plc lowered its position in shares of Xcerra Corporation (NASDAQ:XCRA) by 4.3% during the first quarter, Holdings Channel reports. The firm owned 13,479 shares of the semiconductor company’s stock after selling 599 shares during the period. Legal & General Group Plc’s holdings in Xcerra Corporation were worth $119,000 as of its most recent filing with the SEC.
Other large investors also recently made changes to their positions in the company. Campbell & CO Investment Adviser LLC bought a new stake in shares of Xcerra Corporation during the first quarter worth about $127,000. SG Americas Securities LLC bought a new stake in shares of Xcerra Corporation during the first quarter worth about $131,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of Xcerra Corporation during the first quarter worth about $158,000. Oxford Asset Management bought a new stake in shares of Xcerra Corporation during the first quarter worth about $164,000. Finally, American International Group Inc. raised its stake in shares of Xcerra Corporation by 7.1% in the first quarter. American International Group Inc. now owns 32,582 shares of the semiconductor company’s stock worth $290,000 after buying an additional 2,148 shares during the period. 79.02% of the stock is owned by institutional investors and hedge funds.
Xcerra Corporation (NASDAQ:XCRA) traded down 0.86% on Friday, hitting $9.27. The stock had a trading volume of 81,529 shares. The company has a 50-day moving average of $9.62 and a 200 day moving average of $9.29. The company has a market cap of $503.06 million, a PE ratio of 28.97 and a beta of 1.59. Xcerra Corporation has a 12 month low of $5.14 and a 12 month high of $10.01.
Xcerra Corporation (NASDAQ:XCRA) last posted its quarterly earnings data on Thursday, June 1st. The semiconductor company reported $0.17 EPS for the quarter, beating the Zacks’ consensus estimate of $0.12 by $0.05. The business had revenue of $103.64 million during the quarter, compared to analysts’ expectations of $97.10 million. Xcerra Corporation had a return on equity of 6.63% and a net margin of 4.86%. On average, analysts predict that Xcerra Corporation will post $0.43 EPS for the current fiscal year.
XCRA has been the subject of a number of research analyst reports. Stifel Nicolaus lowered shares of Xcerra Corporation from a “buy” rating to a “hold” rating and increased their price objective for the company from $10.00 to $10.25 in a report on Monday, May 15th. Zacks Investment Research lowered shares of Xcerra Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, April 25th. BidaskClub lowered shares of Xcerra Corporation from a “buy” rating to a “hold” rating in a report on Thursday, July 13th. Finally, B. Riley reaffirmed a “neutral” rating and set a $10.25 price objective on shares of Xcerra Corporation in a report on Wednesday, June 7th. One research analyst has rated the stock with a sell rating and six have given a hold rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $10.20.
Xcerra Corporation 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.
Want to see what other hedge funds are holding XCRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Xcerra Corporation (NASDAQ:XCRA).
What are top analysts saying about Xcerra Corporation? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Xcerra Corporation and related companies.