Rhumbline Advisers raised its stake in Electronics For Imaging, Inc. (NASDAQ:EFII) by 9.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 113,018 shares of the technology company’s stock after purchasing an additional 9,293 shares during the quarter. Rhumbline Advisers owned 0.25% of Electronics For Imaging worth $3,337,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently modified their holdings of EFII. Royal Bank of Canada raised its stake in shares of Electronics For Imaging by 202.8% in the second quarter. Royal Bank of Canada now owns 7,209 shares of the technology company’s stock worth $342,000 after purchasing an additional 4,828 shares during the last quarter. Nationwide Fund Advisors increased its position in shares of Electronics For Imaging by 4.2% during the third quarter. Nationwide Fund Advisors now owns 262,848 shares of the technology company’s stock valued at $11,218,000 after acquiring an additional 10,699 shares during the last quarter. Crossmark Global Holdings Inc. purchased a new stake in shares of Electronics For Imaging during the third quarter valued at approximately $377,000. FDx Advisors Inc. purchased a new stake in shares of Electronics For Imaging during the third quarter valued at approximately $290,000. Finally, Municipal Employees Retirement System of Michigan increased its position in shares of Electronics For Imaging by 59.1% during the third quarter. Municipal Employees Retirement System of Michigan now owns 17,440 shares of the technology company’s stock valued at $744,000 after acquiring an additional 6,480 shares during the last quarter.
In other Electronics For Imaging news, CEO Guy Gecht sold 9,000 shares of the stock in a transaction on Wednesday, December 27th. The stock was sold at an average price of $29.65, for a total transaction of $266,850.00. Following the completion of the transaction, the chief executive officer now directly owns 333,450 shares of the company’s stock, valued at $9,886,792.50. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Over the last three months, insiders have sold 36,000 shares of company stock valued at $1,061,640. 1.88% of the stock is owned by corporate insiders.
A number of brokerages recently commented on EFII. Barclays downgraded Electronics For Imaging from an “equal weight” rating to an “underweight” rating and decreased their price target for the company from $33.00 to $31.00 in a research report on Wednesday, January 10th. BidaskClub downgraded Electronics For Imaging from a “hold” rating to a “sell” rating in a research report on Tuesday, January 30th. Zacks Investment Research raised Electronics For Imaging from a “sell” rating to a “hold” rating in a research report on Friday, December 1st. ValuEngine downgraded Electronics For Imaging from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Finally, Stifel Nicolaus increased their price target on Electronics For Imaging from $36.00 to $40.00 and gave the company a “buy” rating in a research report on Thursday, February 1st. Four equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the company’s stock. Electronics For Imaging has a consensus rating of “Hold” and a consensus price target of $42.78.
Electronics For Imaging, Inc. (EFII) opened at $28.24 on Friday. Electronics For Imaging, Inc. has a twelve month low of $25.28 and a twelve month high of $51.15. The firm has a market capitalization of $1,298.54, a price-to-earnings ratio of -85.58, a price-to-earnings-growth ratio of 39.47 and a beta of 1.09. The company has a current ratio of 2.58, a quick ratio of 2.14 and a debt-to-equity ratio of 0.41.
Electronics For Imaging (NASDAQ:EFII) last announced its quarterly earnings data on Wednesday, January 31st. The technology company reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.01). Electronics For Imaging had a negative net margin of 1.54% and a positive return on equity of 1.46%. The firm had revenue of $269.20 million for the quarter, compared to the consensus estimate of $264.62 million. During the same period last year, the company posted $0.77 earnings per share. Electronics For Imaging’s revenue for the quarter was up .9% on a year-over-year basis. equities research analysts predict that Electronics For Imaging, Inc. will post 0.24 EPS for the current year.
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Electronics For Imaging Profile
Electronics For Imaging, Inc is engaged in digital printing, focused on the transformation of the printing, packaging, ceramic tile decoration, and textile industries from the use of traditional analog-based printing to digital on-demand printing. It operates through three segments. The Industrial Inkjet segment consists of its VUTEk and Matan super-wide and wide format display graphics, Reggiani textile, Jetrion label and packaging and Cretaprint ceramic tile decoration and construction material industrial digital inkjet printers; ceramic, water-based, and thermoforming ink, and digital inkjet printer parts, and professional services.
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