Mentor Graphics Corp (MENT) : Private Capital Management scooped up 155,373 additional shares in Mentor Graphics Corp during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 1,257,155 shares of Mentor Graphics Corp which is valued at $27,028,833.Mentor Graphics Corp makes up approximately 3.42% of Private Capital Management’s portfolio.
Other Hedge Funds, Including , Silvercrest Asset Management Group boosted its stake in MENT in the latest quarter, The investment management firm added 231,791 additional shares and now holds a total of 2,069,435 shares of Mentor Graphics Corp which is valued at $44,492,853. Mentor Graphics Corp makes up approx 0.54% of Silvercrest Asset Management Group’s portfolio.Rothschild Asset Management Inc boosted its stake in MENT in the latest quarter, The investment management firm added 138,879 additional shares and now holds a total of 403,144 shares of Mentor Graphics Corp which is valued at $8,486,181. Mentor Graphics Corp makes up approx 0.15% of Rothschild Asset Management Inc’s portfolio.Louisiana State Employees Retirement System reduced its stake in MENT by selling 1,000 shares or 3.61% in the most recent quarter. The Hedge Fund company now holds 26,700 shares of MENT which is valued at $571,914. Mentor Graphics Corp makes up approx 0.03% of Louisiana State Employees Retirement System’s portfolio.
Mentor Graphics Corp opened for trading at $24 and hit $24.32 on the upside on Thursday, eventually ending the session at $24.29, with a gain of 1.17% or 0.28 points. The heightened volatility saw the trading volume jump to 11,17,238 shares. Company has a market cap of $2,627 M.
On the company’s financial health, Mentor Graphics Corp reported $0.15 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Aug 18, 2016. Analyst had a consensus of $0.09. The company had revenue of $254.34 million for the quarter, compared to analysts expectations of $245.17 million. The company’s revenue was down -9.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.36 EPS.
Investors should note that on Aug 18, 2016, Mentor Graphics Corp announced a cash dividend of $0.0550. The company’s management has announced Sep 15, 2016 as the ex-dividend date and fixed the record date on Sep 19, 2016. The payable date has been fixed on Sep 30, 2016.
Mentor Graphics Corporation is a supplier of electronic design automation (EDA) tools – computer software and emulation hardware systems used to automate the design analysis and testing of complex electro-mechanical systems electronic hardware and embedded systems software in electronic systems and components. The Company’s products are used in the design and development of a diverse set of electronic products including automotive electronics computers and workstations digital cameras cellular telephones medical devices smart phones industrial electronics and manufacturing systems. The Company segregated revenues into five categories of similar products and services: Scalable Verification IC Design to Silicon Integrated System Design New and Emerging Products and Services and Other.