FEI Company (FEIC) : Chicago Capital Management added new position in FEI Company during the most recent quarter end. The investment management firm now holds 69,898 shares of FEI Company which is valued at $7,441,341 , the company said in a statement filed on Jul 15, 2016 with the SEC.FEI Company makes up approximately 2.69% of Chicago Capital Management’s portfolio.
Other Hedge Funds, Including , Nisa Investment Advisors boosted its stake in FEIC in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 25,700 shares of FEI Company which is valued at $2,736,022. FEI Company makes up approx 0.04% of Nisa Investment Advisors’s portfolio.Capstone Asset Management Co boosted its stake in FEIC in the latest quarter, The investment management firm added 960 additional shares and now holds a total of 3,606 shares of FEI Company which is valued at $384,688. FEI Company makes up approx 0.01% of Capstone Asset Management Co’s portfolio.Fisher Asset Management reduced its stake in FEIC by selling 409,048 shares or 46.49% in the most recent quarter. The Hedge Fund company now holds 470,779 shares of FEIC which is valued at $50,222,704. FEI Company makes up approx 0.10% of Fisher Asset Management’s portfolio.Creative Planning boosted its stake in FEIC in the latest quarter, The investment management firm added 45 additional shares and now holds a total of 375 shares of FEI Company which is valued at $40,005.Thompson Rubinstein Investment Management Inc Or reduced its stake in FEIC by selling 311 shares or 6.51% in the most recent quarter. The Hedge Fund company now holds 4,464 shares of FEIC which is valued at $476,666. FEI Company makes up approx 0.18% of Thompson Rubinstein Investment Management Inc Or’s portfolio.
FEI Company opened for trading at $106.5 and hit $106.67 on the upside on Monday, eventually ending the session at $106.46, with a gain of 0.05% or 0.05 points. The heightened volatility saw the trading volume jump to 3,03,129 shares. Company has a market cap of $4,350 M.
On the company’s financial health, FEI Company reported $0.56 EPS for the quarter, based on the information available during the earnings call on May 4, 2016. Analyst had a consensus estimate of $0.56. The company had revenue of $229.00 million for the quarter, compared to analysts expectations of $221.36 million. The company’s revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.66 EPS.
Many Wall Street Analysts have commented on FEI Company. Company shares were Downgraded by The Benchmark Company on May 31, 2016 to ” Hold”, Firm has raised the Price Target to $ 107.50 from a previous price target of $92 .Company shares were Reiterated by The Benchmark Company on May 5, 2016 to “Buy”, Firm has raised the Price Target to $ 92 from a previous price target of $80 .
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.