Healthinvest Partners Ab buys $21,761,289 stake in FEI Company (FEIC)

FEI Company (FEIC) : Healthinvest Partners Ab scooped up 60,846 additional shares in FEI Company during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 19, 2016. The investment management firm now holds a total of 239,609 shares of FEI Company which is valued at $21,761,289.FEI Company makes up approximately 9.21% of Healthinvest Partners Ab’s portfolio.

FEI Company opened for trading at $89.79 and hit $91.38 on the upside on Friday, eventually ending the session at $90.82, with a gain of 0.77% or 0.69 points. The heightened volatility saw the trading volume jump to 1,85,802 shares. Company has a market cap of $3,711 M.

Other Hedge Funds, Including , Gw&k Investment Management boosted its stake in FEIC in the latest quarter, The investment management firm added 12,857 additional shares and now holds a total of 632,585 shares of FEI Company which is valued at $57,451,370. FEI Company makes up approx 1.26% of Gw&k Investment Management’s portfolio.Fisher Asset Management reduced its stake in FEIC by selling 2,432 shares or 0.28% in the most recent quarter. The Hedge Fund company now holds 879,827 shares of FEIC which is valued at $79,905,888. FEI Company makes up approx 0.16% of Fisher Asset Management’s portfolio.Cohen Klingenstein reduced its stake in FEIC by selling 325 shares or 2.54% in the most recent quarter. The Hedge Fund company now holds 12,476 shares of FEIC which is valued at $1,133,070. FEI Company makes up approx 0.21% of Cohen Klingenstein’s portfolio.Gemmer Asset Management reduced its stake in FEIC by selling 26 shares or 19.26% in the most recent quarter. The Hedge Fund company now holds 109 shares of FEIC which is valued at $9,809. FEI Company makes up approx 0.01% of Gemmer Asset Management’s portfolio.Simplex Trading boosted its stake in FEIC in the latest quarter, The investment management firm added 1,195 additional shares and now holds a total of 1,258 shares of FEI Company which is valued at $113,207. FEI Company makes up approx 0.02% of Simplex Trading’s portfolio.

On the company’s financial health, FEI Company reported $1.17 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Feb 2, 2016. Analyst had a consensus of $1.11. The company had revenue of $272.57 million for the quarter, compared to analysts expectations of $266.68 million. The company’s revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.79 EPS.

Many Wall Street Analysts have commented on FEI Company. FEI Company was Downgraded by DA Davidson to ” Neutral” on Apr 6, 2016.

FEI Company is a supplier of scientific instruments and related services for nanoscale applications and solutions for industry and science. The Company operates in two segments: Industry Group and Science Group. The Industry Group consists of customers in semiconductor integrated circuit manufacturing and related industries such as manufacturers of data storage equipment and other technologies as well as customers in the natural resources industries including mining and oil and gas. The Science Group includes universities public and private research laboratories and customers in a range of industries including metals automobiles aerospace and forensics. The tools are used in a laboratory. Its products include transmission electron microscopes; scanning electron microscopes (SEM); DualBeamTM systems which combine a SEM and a focused ion beam system (FIB) on a single platform; stand-alone FIBs; optical microscopes three-dimensional modelling software and service and components.

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