Sensato Investors buys $12,347,748 stake in AVX Corporation (AVX)

AVX Corporation (AVX) : Sensato Investors scooped up 241,902 additional shares in AVX Corporation 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 896,063 shares of AVX Corporation which is valued at $12,347,748.AVX Corporation makes up approximately 2.05% of Sensato Investors’s portfolio.

Other Hedge Funds, Including , Cubist Systematic Strategies reduced its stake in AVX by selling 190 shares or 1.55% in the most recent quarter. The Hedge Fund company now holds 12,039 shares of AVX which is valued at $165,897. AVX Corporation makes up approx 0.01% of Cubist Systematic Strategies’s portfolio.Vanguard Group Inc boosted its stake in AVX in the latest quarter, The investment management firm added 53,333 additional shares and now holds a total of 3,332,554 shares of AVX Corporation which is valued at $45,922,594.Ubs Asset Management Americas Inc boosted its stake in AVX in the latest quarter, The investment management firm added 60,785 additional shares and now holds a total of 98,995 shares of AVX Corporation which is valued at $1,356,232.Dean Investment Associates boosted its stake in AVX in the latest quarter, The investment management firm added 5,665 additional shares and now holds a total of 283,220 shares of AVX Corporation which is valued at $3,809,309. AVX Corporation makes up approx 0.72% of Dean Investment Associates’s portfolio.Public Employees Retirement Association Of Colorado reduced its stake in AVX by selling 4,091 shares or 27.47% in the most recent quarter. The Hedge Fund company now holds 10,804 shares of AVX which is valued at $147,583.

AVX Corporation opened for trading at $13.72 and hit $13.84 on the upside on Thursday, eventually ending the session at $13.83, with a gain of 0.66% or 0.09 points. The heightened volatility saw the trading volume jump to 1,31,985 shares. Company has a market cap of $2,316 M.

On the company’s financial health, AVX Corporation reported $0.19 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.18. The company had revenue of $314.82 million for the quarter, compared to analysts expectations of $310.80 million. The company’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.21 EPS.

AVX Corporation (AVX) is a manufacturer and supplier and reseller of a line of passive electronic components interconnect devices and related products. AVX operates in three segments: Passive Components Kyocera Electronic Devices (KED Resale) and Interconnect. The Passive Components segment consists primarily of surface mount and leaded ceramic capacitors radio frequency (RF) thick and thin film components surface mount and leaded tantalum capacitors surface mount and leaded film capacitors ceramic and film power capacitors among others. The KED Resale segment consists primarily of ceramic capacitors frequency control devices surface acoustic wave (SAW) devices sensor products RF modules actuators acoustic devices and connectors produced by Kyocera Corporation and resold by AVX. The Interconnect segment consists primarily of AVX Interconnect automotive telecom and memory connectors manufactured by or for AVX.

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