Oregon Public Employees Retirement Fund reduced its position in shares of Xperi Holding Co. (NASDAQ:XPER – Get Rating) by 2.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,414 shares of the semiconductor company’s stock after selling 900 shares during the period. Oregon Public Employees Retirement Fund’s holdings in Xperi were worth $683,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of XPER. Daiwa Securities Group Inc. raised its position in Xperi by 50.6% in the 4th quarter. Daiwa Securities Group Inc. now owns 4,605 shares of the semiconductor company’s stock valued at $87,000 after buying an additional 1,547 shares during the last quarter. Equitec Proprietary Markets LLC raised its position in Xperi by 9.6% in the 4th quarter. Equitec Proprietary Markets LLC now owns 9,144 shares of the semiconductor company’s stock valued at $173,000 after buying an additional 800 shares during the last quarter. HighTower Advisors LLC acquired a new stake in Xperi in the 4th quarter valued at approximately $190,000. Bailard Inc. acquired a new stake in Xperi in the 4th quarter valued at approximately $229,000. Finally, Virginia Retirement Systems ET AL acquired a new stake in Xperi in the 4th quarter valued at approximately $238,000. Institutional investors and hedge funds own 87.28% of the company’s stock.
NASDAQ:XPER opened at $14.55 on Friday. The firm has a market capitalization of $1.51 billion, a price-to-earnings ratio of -42.79 and a beta of 0.80. Xperi Holding Co. has a twelve month low of $13.39 and a twelve month high of $21.92. The stock’s 50 day moving average price is $15.43 and its two-hundred day moving average price is $16.47.
Xperi (NASDAQ:XPER – Get Rating) last posted its quarterly earnings results on Monday, May 9th. The semiconductor company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.43. The firm had revenue of $257.42 million for the quarter, compared to analyst estimates of $241.87 million. Xperi had a positive return on equity of 19.34% and a negative net margin of 3.92%. As a group, equities research analysts forecast that Xperi Holding Co. will post 1.62 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, June 21st. Shareholders of record on Tuesday, May 31st were given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.37%. The ex-dividend date was Friday, May 27th. Xperi’s dividend payout ratio (DPR) is -58.82%.
In other news, Director Laura Durr sold 5,000 shares of Xperi stock in a transaction that occurred on Monday, May 2nd. The stock was sold at an average price of $15.61, for a total transaction of $78,050.00. Following the completion of the transaction, the director now directly owns 36,773 shares in the company, valued at approximately $574,026.53. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.70% of the company’s stock.
A number of brokerages recently issued reports on XPER. StockNews.com raised Xperi from a “buy” rating to a “strong-buy” rating in a research report on Friday, May 13th. TheStreet raised Xperi from a “d+” rating to a “c-” rating in a research report on Thursday, April 7th.
Xperi Company Profile (Get Rating)
Xperi Holding Corporation, together with its subsidiaries, operates as a consumer and entertainment product/solutions licensing company worldwide. It operates through two segments, Intellectual Property Licensing and Product. The Intellectual Property Licensing segment primarily licenses its innovations to companies in the entertainment industry under the Adeia brand.
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