Crossmark Global Holdings Inc. reduced its holdings in Canon Inc (NYSE:CAJ) by 2.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 144,782 shares of the technology company’s stock after selling 3,883 shares during the period. Crossmark Global Holdings Inc.’s holdings in Canon were worth $5,415,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of CAJ. Baker Ellis Asset Management LLC purchased a new position in shares of Canon in the 4th quarter worth $123,000. FNY Partners Fund LP purchased a new position in shares of Canon in the 4th quarter worth $149,000. Advisor Group Inc. grew its stake in shares of Canon by 5.4% in the 2nd quarter. Advisor Group Inc. now owns 5,159 shares of the technology company’s stock worth $175,000 after buying an additional 263 shares in the last quarter. Zevin Asset Management LLC purchased a new position in shares of Canon in the 4th quarter worth $210,000. Finally, FDx Advisors Inc. purchased a new position in shares of Canon in the 3rd quarter worth $236,000. 1.28% of the stock is owned by institutional investors and hedge funds.
Canon Inc (NYSE:CAJ) opened at $37.52 on Thursday. Canon Inc has a 52 week low of $28.82 and a 52 week high of $40.67. The company has a current ratio of 2.01, a quick ratio of 1.50 and a debt-to-equity ratio of 0.16. The company has a market cap of $41,727.92, a PE ratio of 17.61, a P/E/G ratio of 2.11 and a beta of 0.61.
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Canon Inc (Canon) is a manufacturer of office multifunction devices (MFDs), plain paper copying machines, laser printers, inkjet printers, cameras and lithography equipment. Canon sells its products principally under the Canon brand name and through sales subsidiaries. Each of these subsidiaries is responsible for marketing and distribution to retail dealers in an assigned territory.
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