Legal & General Group Plc lifted its position in shares of Electronics For Imaging, Inc. (NASDAQ:EFII) by 3.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 105,884 shares of the technology company’s stock after purchasing an additional 3,155 shares during the period. Legal & General Group Plc’s holdings in Electronics For Imaging were worth $2,637,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cipher Capital LP purchased a new stake in shares of Electronics For Imaging during the 4th quarter worth approximately $251,000. Municipal Employees Retirement System of Michigan purchased a new stake in shares of Electronics For Imaging during the 4th quarter worth approximately $318,000. Metropolitan Life Insurance Co. NY boosted its stake in shares of Electronics For Imaging by 319.1% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 13,629 shares of the technology company’s stock worth $338,000 after acquiring an additional 10,377 shares in the last quarter. D. E. Shaw & Co. Inc. purchased a new stake in shares of Electronics For Imaging during the 4th quarter worth approximately $1,893,000. Finally, Two Sigma Investments LP boosted its stake in shares of Electronics For Imaging by 26.4% during the 4th quarter. Two Sigma Investments LP now owns 110,528 shares of the technology company’s stock worth $2,741,000 after acquiring an additional 23,113 shares in the last quarter.
EFII stock opened at $37.65 on Wednesday. Electronics For Imaging, Inc. has a 1 year low of $19.76 and a 1 year high of $38.33. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.34 and a quick ratio of 1.12.
Electronics For Imaging (NASDAQ:EFII) last posted its earnings results on Wednesday, January 30th. The technology company reported $0.46 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.46. Electronics For Imaging had a negative return on equity of 0.13% and a negative net margin of 0.10%. The firm had revenue of $256.95 million for the quarter, compared to analyst estimates of $256.10 million. During the same quarter in the prior year, the company earned $0.52 EPS. Electronics For Imaging’s revenue was down 4.5% on a year-over-year basis. On average, equities analysts predict that Electronics For Imaging, Inc. will post -0.43 earnings per share for the current fiscal year.
Several equities research analysts have recently commented on the company. Zacks Investment Research raised Electronics For Imaging from a “sell” rating to a “hold” rating in a research note on Tuesday, April 2nd. Loop Capital lowered Electronics For Imaging from a “buy” rating to a “hold” rating and boosted their price target for the stock from $35.00 to $37.00 in a research note on Tuesday. Morgan Stanley reissued an “underweight” rating on shares of Electronics For Imaging in a research note on Wednesday, January 16th. BidaskClub raised Electronics For Imaging from a “hold” rating to a “buy” rating in a research note on Tuesday, April 9th. Finally, ValuEngine raised Electronics For Imaging from a “buy” rating to a “strong-buy” rating in a research note on Monday. One analyst has rated the stock with a sell rating, six have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Electronics For Imaging has an average rating of “Hold” and a consensus target price of $29.45.
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Electronics For Imaging Company Profile
Electronics for Imaging, Inc provides industrial format display graphics, corrugated packaging and display, textile, and ceramic tile decoration digital inkjet printers worldwide. Its Industrial Inkjet segment offers VUTEk format display graphics, Nozomi corrugated packaging and display, Reggiani textile, and Cretaprint ceramic tile decoration and building material industrial digital inkjet printers; digital ultra-violet curable, light emitting diode curable, ceramic, water-based, thermoforming, and specialty inks; various textile inks, including dye sublimation, pigmented, reactive dye, acid dye, pure disperse dye, and water-based dispersed printing inks, as well as coatings; digital inkjet printer parts; and professional services.
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