Levin Capital Strategies L.P. lifted its stake in FireEye Inc (NASDAQ:FEYE) by 40.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 14,000 shares of the information security company’s stock after acquiring an additional 4,000 shares during the quarter. Levin Capital Strategies L.P.’s holdings in FireEye were worth $199,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently modified their holdings of FEYE. Verition Fund Management LLC lifted its stake in shares of FireEye by 3.8% in the second quarter. Verition Fund Management LLC now owns 12,769 shares of the information security company’s stock worth $194,000 after acquiring an additional 469 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of FireEye by 0.3% in the second quarter. Dimensional Fund Advisors LP now owns 216,202 shares of the information security company’s stock worth $3,289,000 after acquiring an additional 682 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in shares of FireEye by 30.0% in the second quarter. The Manufacturers Life Insurance Company now owns 6,623 shares of the information security company’s stock worth $101,000 after acquiring an additional 1,528 shares in the last quarter. Principal Financial Group Inc. lifted its stake in shares of FireEye by 17.8% in the third quarter. Principal Financial Group Inc. now owns 22,477 shares of the information security company’s stock worth $377,000 after acquiring an additional 3,393 shares in the last quarter. Finally, Resources Investment Advisors Inc. lifted its stake in shares of FireEye by 96.9% in the fourth quarter. Resources Investment Advisors Inc. now owns 7,330 shares of the information security company’s stock worth $104,000 after acquiring an additional 3,607 shares in the last quarter. 68.93% of the stock is owned by institutional investors.
Several research analysts recently commented on FEYE shares. Evercore ISI reiterated a “buy” rating and issued a $20.00 price target on shares of FireEye in a research note on Thursday, November 2nd. Dougherty & Co upgraded FireEye from a “neutral” rating to a “buy” rating and set a $18.00 price target on the stock in a research note on Thursday, November 2nd. Stephens reiterated a “buy” rating and issued a $23.00 price target on shares of FireEye in a research note on Friday, February 9th. Barclays boosted their price target on FireEye from $16.00 to $17.00 and gave the stock an “equal weight” rating in a research note on Friday, February 9th. Finally, Cowen reiterated a “hold” rating and issued a $16.00 price target on shares of FireEye in a research note on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. FireEye presently has a consensus rating of “Buy” and a consensus price target of $18.09.
Shares of FireEye Inc (NASDAQ:FEYE) opened at $16.34 on Monday. FireEye Inc has a one year low of $10.35 and a one year high of $18.00. The company has a quick ratio of 1.98, a current ratio of 1.99 and a debt-to-equity ratio of 1.00.
FireEye (NASDAQ:FEYE) last announced its quarterly earnings data on Thursday, February 8th. The information security company reported $0.01 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.01) by $0.02. The firm had revenue of $202.30 million for the quarter, compared to analysts’ expectations of $193.74 million. FireEye had a negative return on equity of 24.59% and a negative net margin of 40.43%. FireEye’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.03) earnings per share. analysts predict that FireEye Inc will post -0.83 earnings per share for the current year.
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FireEye, Inc provides intelligence-based cybersecurity solutions that allow organizations to prepare for, prevent, respond to and remediate cyber-attacks. The Company offers various products, such as Threat Detection and Prevention Solutions, which include network security products (NX and Multi-vector Virtual Execution (MVX) Compute Node Series), e-mail security products (EX Series and e-mail threat prevention cloud (ETP), endpoint security products (HX Series) and content security products (FX Series); security management and orchestration products, which include Central Management System and FireEye Security Orchestrator, and forensics and investigation products, which include Threat Analytics Platform (TAP), Malware Analysis (AX Series) and Enterprise Forensics (PX Series and IA Series).
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