New England Private Wealth Advisors adds Xcerra Corp (XCRA) to its portfolio

Xcerra Corp (XCRA) : New England Private Wealth Advisors added new position in Xcerra Corp during the most recent quarter end. The investment management firm now holds 30,000 shares of Xcerra Corp which is valued at $175,500 , the company said in a statement filed on May 12, 2016 with the SEC.Xcerra Corp makes up approximately 0.07% of New England Private Wealth Advisors’s portfolio.

Other Hedge Funds, Including , Ubs Asset Management Americas Inc reduced its stake in XCRA by selling 2,800 shares or 9.9% in the most recent quarter. The Hedge Fund company now holds 25,496 shares of XCRA which is valued at $149,152.Menta Capital reduced its stake in XCRA by selling 14,600 shares or 14.01% in the most recent quarter. The Hedge Fund company now holds 89,631 shares of XCRA which is valued at $524,341. Xcerra Corp makes up approx 0.07% of Menta Capital’s portfolio.

Xcerra Corp opened for trading at $5.88 and hit $6.1 on the upside on Friday, eventually ending the session at $6.01, with a gain of 2.91% or 0.17 points. The heightened volatility saw the trading volume jump to 1,07,211 shares. Company has a market cap of $321,643 M.

On the company’s financial health, Xcerra Corp reported $-0.06 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Feb 25, 2016. Analyst had a consensus of $-0.09. The company had revenue of $72.33 million for the quarter, compared to analysts expectations of $72.35 million. The company’s revenue was down -13.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.04 EPS.

Xcerra Corporation formerly LTX-Credence Corporation is engaged in providing 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 Printed Circuit Board (PCB) Test Probes/Pins and Fixtures. The Company operates in the semiconductor and electronics manufacturing test markets through its atg-Luther & Maelzer Everett Charles Technologies (ECT) LTX-Credence and Multitest businesses. ECT business designs and manufactures equipment and consumables that are used in the testing of bare and loaded PCBs. ECT which operates under the brand names atg-Luther & Maelzer and Everett Charles Technologies offers a line of PCB testing solutions. Its Multitest business designs and manufactures products used in the testing of integrated circuits including test handlers and test contactors.

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