UBS Asset Management Americas Inc. grew its holdings in shares of Vocera Communications Inc (NYSE:VCRA) by 15.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 394,823 shares of the communications equipment provider’s stock after buying an additional 54,069 shares during the period. UBS Asset Management Americas Inc. owned 1.35% of Vocera Communications worth $11,932,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also added to or reduced their stakes in VCRA. Advisory Research Inc. grew its position in Vocera Communications by 85.3% during the 4th quarter. Advisory Research Inc. now owns 40,296 shares of the communications equipment provider’s stock worth $1,218,000 after purchasing an additional 18,544 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its stake in shares of Vocera Communications by 177.2% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 132,765 shares of the communications equipment provider’s stock valued at $4,165,000 after purchasing an additional 84,865 shares during the last quarter. Wells Fargo & Company MN lifted its stake in shares of Vocera Communications by 71.7% in the 3rd quarter. Wells Fargo & Company MN now owns 474,748 shares of the communications equipment provider’s stock valued at $14,893,000 after purchasing an additional 198,324 shares during the last quarter. Asset Management One Co. Ltd. acquired a new position in Vocera Communications during the 3rd quarter worth $5,666,000. Finally, Gilder Gagnon Howe & Co. LLC lifted its position in Vocera Communications by 20.6% during the 4th quarter. Gilder Gagnon Howe & Co. LLC now owns 297,383 shares of the communications equipment provider’s stock worth $8,987,000 after acquiring an additional 50,780 shares during the last quarter.
In other news, CEO Brent D. Lang sold 5,000 shares of the company’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $29.89, for a total value of $149,450.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Sharon O’keefe sold 2,000 shares of the business’s stock in a transaction dated Friday, January 5th. The stock was sold at an average price of $30.18, for a total transaction of $60,360.00. Following the completion of the transaction, the director now directly owns 42,127 shares in the company, valued at $1,271,392.86. The disclosure for this sale can be found here. Insiders have sold a total of 94,205 shares of company stock valued at $2,631,039 in the last 90 days. 6.30% of the stock is currently owned by company insiders.
Several research analysts have recently issued reports on VCRA shares. Craig Hallum restated a “buy” rating and set a $36.00 price objective on shares of Vocera Communications in a report on Monday, November 27th. Chardan Capital restated a “buy” rating and issued a $35.00 price target (down from $37.00) on shares of Vocera Communications in a research report on Monday, February 12th. Citigroup began coverage on shares of Vocera Communications in a research report on Thursday, January 4th. They set a “buy” rating on the stock. Zacks Investment Research upgraded shares of Vocera Communications from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a report on Thursday, December 28th. Finally, Cantor Fitzgerald reaffirmed a “buy” rating and issued a $35.00 target price on shares of Vocera Communications in a research note on Monday, January 22nd. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $32.78.
Shares of Vocera Communications Inc (VCRA) traded up $0.61 during trading on Wednesday, hitting $25.40. 212,819 shares of the company traded hands, compared to its average volume of 275,540. Vocera Communications Inc has a 12 month low of $22.26 and a 12 month high of $32.23.
Vocera Communications (NYSE:VCRA) last issued its quarterly earnings results on Thursday, February 8th. The communications equipment provider reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.15 by $0.14. Vocera Communications had a negative net margin of 8.75% and a negative return on equity of 8.11%. The firm had revenue of $45.50 million for the quarter, compared to the consensus estimate of $43.72 million. The business’s revenue for the quarter was up 26.4% compared to the same quarter last year. research analysts anticipate that Vocera Communications Inc will post -0.24 earnings per share for the current fiscal year.
ILLEGAL ACTIVITY NOTICE: This news story was originally posted by The Lincolnian Online and is the property of of The Lincolnian Online. If you are viewing this news story on another publication, it was stolen and republished in violation of United States and international copyright laws. The correct version of this news story can be viewed at https://www.thelincolnianonline.com/2018/03/14/ubs-asset-management-americas-inc-increases-position-in-vocera-communications-inc-vcra.html.
Vocera Communications Company Profile
Vocera Communications, Inc is a provider of communication solutions for mobile workers in healthcare, hospitality, energy, education and other industries. The Company’s segments include Product and Service. The Company’s solutions include the Vocera Communication System, Vocera Care Experience, Vocera Engage integration platform, smartphone applications and its Experience Innovation Network.
Receive News & Ratings for Vocera Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vocera Communications and related companies with MarketBeat.com's FREE daily email newsletter.