Engineers Gate Manager LP lowered its holdings in shares of Xcerra Corp (NASDAQ:XCRA) by 39.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,916 shares of the semiconductor company’s stock after selling 27,544 shares during the period. Engineers Gate Manager LP owned about 0.08% of Xcerra worth $423,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of the business. Dimensional Fund Advisors LP boosted its stake in Xcerra by 1.6% during the second quarter. Dimensional Fund Advisors LP now owns 3,023,104 shares of the semiconductor company’s stock worth $29,536,000 after buying an additional 47,037 shares in the last quarter. CNH Partners LLC acquired a new stake in Xcerra during the second quarter worth $26,633,000. Vanguard Group Inc. boosted its stake in Xcerra by 3.2% during the second quarter. Vanguard Group Inc. now owns 2,564,821 shares of the semiconductor company’s stock worth $25,057,000 after buying an additional 79,201 shares in the last quarter. Paulson & CO. Inc. acquired a new stake in Xcerra during the second quarter worth $24,655,000. Finally, Alpine Associates Management Inc. boosted its stake in shares of Xcerra by 46.5% in the 3rd quarter. Alpine Associates Management Inc. now owns 2,493,716 shares of the semiconductor company’s stock valued at $24,564,000 after purchasing an additional 792,100 shares in the last quarter. Hedge funds and other institutional investors own 84.56% of the company’s stock.
Shares of Xcerra Corp (NASDAQ XCRA) opened at $9.91 on Friday. The firm has a market capitalization of $544.43, a PE ratio of 12.25, a price-to-earnings-growth ratio of 0.64 and a beta of 1.58. Xcerra Corp has a twelve month low of $7.05 and a twelve month high of $10.15. The company has a current ratio of 4.27, a quick ratio of 2.78 and a debt-to-equity ratio of 0.05.
Several brokerages have recently commented on XCRA. BidaskClub downgraded shares of Xcerra from a “hold” rating to a “sell” rating in a research note on Thursday. Zacks Investment Research upgraded shares of Xcerra from a “hold” rating to a “buy” rating and set a $11.00 target price on the stock in a research note on Saturday, December 2nd. B. Riley reaffirmed a “hold” rating and issued a $10.25 price target on shares of Xcerra in a report on Saturday, September 2nd. ValuEngine raised Xcerra from a “hold” rating to a “buy” rating in a report on Friday, September 1st. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Xcerra in a report on Friday, September 1st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $10.40.
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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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