Value Holdings Lp adds VASCO Data Security International (VDSI) to its portfolio

VASCO Data Security International (VDSI) : Value Holdings Lp added new position in VASCO Data Security International during the most recent quarter end. The investment management firm now holds 3,000 shares of VASCO Data Security International which is valued at $51,750 , the company said in a statement filed on Aug 1, 2016 with the SEC.VASCO Data Security International makes up approximately 0.03% of Value Holdings Lp’s portfolio.

Other Hedge Funds, Including , California State Teachers Retirement System boosted its stake in VDSI in the latest quarter, The investment management firm added 1,027 additional shares and now holds a total of 63,239 shares of VASCO Data Security International which is valued at $1,090,873. Wedge Capital Management L L Pnc sold out all of its stake in VDSI during the most recent quarter. The investment firm sold 22,425 shares of VDSI which is valued $374,722. 1st Global Advisors added VDSI to its portfolio by purchasing 18,249 company shares during the most recent quarter which is valued at $317,898. VASCO Data Security International makes up approx 0.04% of 1st Global Advisors’s portfolio.Creative Planning boosted its stake in VDSI in the latest quarter, The investment management firm added 940 additional shares and now holds a total of 17,660 shares of VASCO Data Security International which is valued at $292,096.

VASCO Data Security International closed down -0.48 points or -2.78% at $16.77 with 2,16,287 shares getting traded on Thursday. Post opening the session at $17.18, the shares hit an intraday low of $16.72 and an intraday high of $17.37 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, VASCO Data Security International reported $0.15 EPS for the quarter, missing the analyst consensus estimate by $ -0.02 based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus of $0.17. The company had revenue of $54.30 million for the quarter, compared to analysts expectations of $51.20 million. The company’s revenue was down -17.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.40 EPS.

Many Wall Street Analysts have commented on VASCO Data Security International. Shares were Reiterated by Dougherty & Company on Jul 29, 2016 to “Buy” and Lowered the Price Target to $ 20 from a previous price target of $22 .

VASCO Data Security International Inc. (VASCO) is an IT security company. The Company through its operating subsidiaries designs develops and markets security solutions that secure and manage access to digital assets and protect transactions. Its products enable secure financial transactions over private enterprise networks and public networks such as the Internet. The Company’s user authentication is delivered through its hardware and software DIGIPASS security products (DIGIPASSES) many of which incorporate an electronic and digital signature capability which further protects the integrity of electronic transactions and data transmissions. VASCO’s primary product and service lines include three categories of solutions: Host System products which is typically a component of an organization’s IT infrastructure; Client Authenticators which are devices used by end users for authentication and Developer Tools which are used by application developers.

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