Swiss National Bank Continues to Hold Stake in Xcerra Corporation (NASDAQ:XCRA)

Swiss National Bank maintained its position in Xcerra Corporation (NASDAQ:XCRA) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 85,400 shares of the semiconductor company’s stock at the end of the first quarter. Swiss National Bank owned approximately 0.16% of Xcerra Corporation worth $759,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. A.R.T. Advisors LLC acquired a new position in Xcerra Corporation during the fourth quarter valued at approximately $172,000. Tudor Investment Corp Et Al increased its position in Xcerra Corporation by 89.7% in the fourth quarter. Tudor Investment Corp Et Al now owns 24,733 shares of the semiconductor company’s stock valued at $189,000 after buying an additional 11,695 shares during the period. Teachers Advisors LLC increased its position in Xcerra Corporation by 3.9% in the fourth quarter. Teachers Advisors LLC now owns 84,645 shares of the semiconductor company’s stock valued at $647,000 after buying an additional 3,214 shares during the period. Two Sigma Investments LP increased its position in Xcerra Corporation by 31.4% in the fourth quarter. Two Sigma Investments LP now owns 181,820 shares of the semiconductor company’s stock valued at $1,389,000 after buying an additional 43,486 shares during the period. Finally, Essex Investment Management Co. LLC acquired a new position in Xcerra Corporation during the first quarter valued at approximately $1,416,000. 83.05% of the stock is owned by institutional investors.

Xcerra Corporation (XCRA) traded down 0.32% during mid-day trading on Tuesday, reaching $9.37. 302,428 shares of the company’s stock traded hands. Xcerra Corporation has a 12-month low of $5.14 and a 12-month high of $10.01. The stock has a 50 day moving average of $9.75 and a 200 day moving average of $9.19. The company has a market cap of $508.48 million, a P/E ratio of 29.28 and a beta of 1.59.

Xcerra Corporation (NASDAQ:XCRA) last posted its quarterly earnings results on Thursday, June 1st. The semiconductor company reported $0.17 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.05. The business had revenue of $103.64 million during the quarter, compared to analyst estimates of $97.10 million. Xcerra Corporation had a net margin of 4.86% and a return on equity of 6.63%. On average, equities research analysts predict that Xcerra Corporation will post $0.43 earnings per share for the current fiscal year.

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Several research firms recently commented on XCRA. Stifel Nicolaus downgraded shares of Xcerra Corporation from a “buy” rating to a “hold” rating and raised their price objective for the stock from $10.00 to $10.25 in a report on Monday, May 15th. DA Davidson downgraded shares of Xcerra Corporation from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $12.00 to $10.25 in a report on Monday, April 10th. B. Riley downgraded shares of Xcerra Corporation to a “neutral” rating and set a $10.25 price objective for the company. in a report on Sunday, April 16th. BidaskClub cut shares of Xcerra Corporation from a “sell” rating to a “strong sell” rating in a research note on Saturday. Finally, Zacks Investment Research cut shares of Xcerra Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, April 25th. One investment analyst has rated the stock with a sell rating and six have assigned a hold rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $10.20.

About Xcerra Corporation

Xcerra Corporation is a provider of test and handling capital equipment, interface products, test fixtures and related services to the semiconductor and electronics manufacturing industries. The Company operates through six segments: Semiconductor Test, Semiconductor Handlers, Contactors, PCB Test, Probes/Pins and Fixtures.

Institutional Ownership by Quarter for Xcerra Corporation (NASDAQ:XCRA)

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