Benchmark Electronics (BHE) : Smith Graham Investment Advisors Lp scooped up 9,040 additional shares in Benchmark Electronics during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 17, 2016. The investment management firm now holds a total of 312,228 shares of Benchmark Electronics which is valued at $7,752,621.Benchmark Electronics makes up approximately 1.00% of Smith Graham Investment Advisors Lp’s portfolio.
Other Hedge Funds, Including , Johanson Financial Advisors boosted its stake in BHE in the latest quarter, The investment management firm added 1,000 additional shares and now holds a total of 11,353 shares of Benchmark Electronics which is valued at $281,895. Benchmark Electronics makes up approx 0.31% of Johanson Financial Advisors’s portfolio.Capstone Asset Management Co reduced its stake in BHE by selling 766 shares or 2.91% in the most recent quarter. The Hedge Fund company now holds 25,528 shares of BHE which is valued at $645,603. Benchmark Electronics makes up approx 0.02% of Capstone Asset Management Co’s portfolio. Simplex Trading sold out all of its stake in BHE during the most recent quarter. The investment firm sold 967 shares of BHE which is valued $24,368.Eqis Capital Management reduced its stake in BHE by selling 1,008 shares or 8.15% in the most recent quarter. The Hedge Fund company now holds 11,358 shares of BHE which is valued at $285,540. Benchmark Electronics makes up approx 0.02% of Eqis Capital Management’s portfolio.
Benchmark Electronics closed down -0.07 points or -0.28% at $24.83 with 1,55,036 shares getting traded on Friday. Post opening the session at $25.01, the shares hit an intraday low of $24.83 and an intraday high of $25.17 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
On the company’s financial health, Benchmark Electronics reported $0.31 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jul 21, 2016. Analyst had a consensus of $0.32. The company had revenue of $579.34 million for the quarter, compared to analysts expectations of $582.92 million. The company’s revenue was down -12.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.42 EPS.
Many Wall Street Analysts have commented on Benchmark Electronics. Company shares were Reiterated by Needham on Jul 22, 2016 to “Buy”, Firm has raised the Price Target to $ 26 from a previous price target of $23 .
Benchmark Electronics Inc. (Benchmark) is a provider of integrated electronic manufacturing services. Benchmark provides its services to original equipment manufacturers (OEMs) of industrial control equipment including aerospace and defense equipment telecommunication equipment medical devices and testing and instrumentation products. The Company’s operations consist of three principal areas: manufacturing and assembly operations including printed circuit boards and subsystem assembly box build and systems integration; precision technology manufacturing including precision machining metal joining assembly and functional testing and specialized engineering services including product design printed circuit board layout automation and test development. Benchmark’s facilities include 1.6 million square feet in its United States facilities and 2.2 million square feet in its facilities in China Malaysia Mexico the Netherlands Romania and Thailand.