77,581 Shares in Hologic, Inc. (HOLX) Acquired by Teacher Retirement System of Texas

Teacher Retirement System of Texas acquired a new position in shares of Hologic, Inc. (NASDAQ:HOLX) in the 4th quarter, HoldingsChannel reports. The fund acquired 77,581 shares of the medical equipment provider’s stock, valued at approximately $3,317,000.

Other large investors have also added to or reduced their stakes in the company. Chevy Chase Trust Holdings Inc. boosted its position in shares of Hologic by 1.4% during the 3rd quarter. Chevy Chase Trust Holdings Inc. now owns 244,620 shares of the medical equipment provider’s stock worth $8,975,000 after acquiring an additional 3,391 shares in the last quarter. Janus Henderson Group PLC boosted its position in shares of Hologic by 15.5% during the 3rd quarter. Janus Henderson Group PLC now owns 285,035 shares of the medical equipment provider’s stock worth $10,458,000 after acquiring an additional 38,283 shares in the last quarter. Cipher Capital LP boosted its position in shares of Hologic by 57.9% during the 3rd quarter. Cipher Capital LP now owns 117,673 shares of the medical equipment provider’s stock worth $4,317,000 after acquiring an additional 43,146 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. boosted its position in shares of Hologic by 66.4% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 12,487 shares of the medical equipment provider’s stock worth $458,000 after acquiring an additional 4,984 shares in the last quarter. Finally, GSA Capital Partners LLP boosted its position in shares of Hologic by 379.5% during the 3rd quarter. GSA Capital Partners LLP now owns 63,760 shares of the medical equipment provider’s stock worth $2,339,000 after acquiring an additional 50,463 shares in the last quarter. 95.24% of the stock is owned by institutional investors and hedge funds.

Several research analysts have recently issued reports on the company. Cowen raised Hologic to a “buy” rating and set a $52.00 price objective for the company in a research report on Wednesday, December 20th. Deutsche Bank downgraded Hologic from a “buy” rating to a “hold” rating and set a $49.00 target price for the company. in a report on Friday, January 19th. Zacks Investment Research raised Hologic from a “sell” rating to a “hold” rating in a report on Tuesday, October 31st. Stifel Nicolaus downgraded Hologic from a “buy” rating to a “hold” rating and reduced their target price for the company from $45.00 to $42.00 in a report on Friday, February 9th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $50.00 target price on shares of Hologic in a report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company’s stock. Hologic currently has a consensus rating of “Buy” and an average target price of $48.00.

In other Hologic news, Director Namal Nawana bought 6,600 shares of the business’s stock in a transaction dated Tuesday, February 13th. The stock was acquired at an average cost of $37.88 per share, with a total value of $250,008.00. Following the purchase, the director now owns 6,954 shares in the company, valued at approximately $263,417.52. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.88% of the company’s stock.

Shares of Hologic, Inc. (HOLX) opened at $39.29 on Monday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.98 and a current ratio of 1.25. The company has a market capitalization of $10,864.83, a P/E ratio of 19.17, a price-to-earnings-growth ratio of 1.77 and a beta of 0.77. Hologic, Inc. has a one year low of $35.33 and a one year high of $46.80.

Hologic (NASDAQ:HOLX) last posted its quarterly earnings data on Thursday, February 8th. The medical equipment provider reported $0.55 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.50 by $0.05. The firm had revenue of $791.10 million during the quarter, compared to the consensus estimate of $785.80 million. Hologic had a return on equity of 20.07% and a net margin of 34.53%. The firm’s revenue was up 7.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.52 EPS. equities research analysts predict that Hologic, Inc. will post 2.25 earnings per share for the current year.

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About Hologic

Hologic, Inc is a developer, manufacturer and supplier of diagnostics products, medical imaging systems and surgical products with an emphasis on women’s health. The Company operates through four segments: Diagnostics, Breast Health, GYN Surgical and Skeletal Health. The diagnostics products include Aptima family of assays, ThinPrep system, the Rapid Fetal Fibronectin Test and Procleix blood screening assays.

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Institutional Ownership by Quarter for Hologic (NASDAQ:HOLX)

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