22,186 Shares in Electronics For Imaging, Inc. (EFII) Purchased by MetLife Investment Advisors LLC

MetLife Investment Advisors LLC bought a new stake in Electronics For Imaging, Inc. (NASDAQ:EFII) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 22,186 shares of the technology company’s stock, valued at approximately $655,000.

Several other hedge funds and other institutional investors have also modified their holdings of EFII. Legal & General Group Plc increased its position in Electronics For Imaging by 3.1% during the third quarter. Legal & General Group Plc now owns 92,142 shares of the technology company’s stock worth $3,933,000 after purchasing an additional 2,810 shares during the last quarter. California Public Employees Retirement System increased its position in Electronics For Imaging by 7.8% during the third quarter. California Public Employees Retirement System now owns 102,228 shares of the technology company’s stock worth $4,363,000 after purchasing an additional 7,428 shares during the last quarter. Schwab Charles Investment Management Inc. increased its position in Electronics For Imaging by 6.4% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 302,086 shares of the technology company’s stock worth $8,921,000 after purchasing an additional 18,291 shares during the last quarter. Smith Graham & Co. Investment Advisors LP increased its position in Electronics For Imaging by 18.7% during the fourth quarter. Smith Graham & Co. Investment Advisors LP now owns 401,305 shares of the technology company’s stock worth $11,851,000 after purchasing an additional 63,120 shares during the last quarter. Finally, Engineers Gate Manager LP acquired a new stake in Electronics For Imaging during the fourth quarter worth about $1,691,000.

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Shares of EFII opened at $28.40 on Tuesday. Electronics For Imaging, Inc. has a 1-year low of $25.28 and a 1-year high of $51.15. The stock has a market cap of $1,262.47, a price-to-earnings ratio of 105.19, a P/E/G ratio of 38.96 and a beta of 1.02. The company has a quick ratio of 2.21, a current ratio of 2.61 and a debt-to-equity ratio of 0.41.

Electronics For Imaging (NASDAQ:EFII) last announced its quarterly earnings results on Wednesday, January 31st. The technology company reported $0.52 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.01). Electronics For Imaging had a negative net margin of 1.54% and a positive return on equity of 1.46%. The company had revenue of $269.20 million for the quarter, compared to analyst estimates of $264.62 million. During the same quarter in the prior year, the business earned $0.77 earnings per share. Electronics For Imaging’s revenue was up .9% on a year-over-year basis. equities research analysts predict that Electronics For Imaging, Inc. will post 0.24 earnings per share for the current fiscal year.

In other Electronics For Imaging news, CEO Guy Gecht sold 9,000 shares of Electronics For Imaging stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $28.35, for a total transaction of $255,150.00. Following the completion of the sale, the chief executive officer now directly owns 325,006 shares in the company, valued at $9,213,920.10. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last quarter, insiders have sold 27,000 shares of company stock valued at $768,960. Company insiders own 1.88% of the company’s stock.

EFII has been the subject of several recent analyst reports. Zacks Investment Research upgraded shares of Electronics For Imaging from a “sell” rating to a “hold” rating in a research report on Tuesday, December 26th. Barclays cut shares of Electronics For Imaging from an “equal weight” rating to an “underweight” rating and cut their price objective for the stock from $33.00 to $31.00 in a research report on Wednesday, January 10th. BidaskClub cut shares of Electronics For Imaging from a “hold” rating to a “sell” rating in a research report on Tuesday, January 30th. Stifel Nicolaus raised their price objective on shares of Electronics For Imaging from $36.00 to $40.00 and gave the stock a “buy” rating in a research report on Thursday, February 1st. Finally, ValuEngine cut shares of Electronics For Imaging from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Four investment analysts have rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $42.78.

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About Electronics For Imaging

Electronics For Imaging, Inc is engaged in digital printing, focused on the transformation of the printing, packaging, ceramic tile decoration, and textile industries from the use of traditional analog-based printing to digital on-demand printing. It operates through three segments. The Industrial Inkjet segment consists of its VUTEk and Matan super-wide and wide format display graphics, Reggiani textile, Jetrion label and packaging and Cretaprint ceramic tile decoration and construction material industrial digital inkjet printers; ceramic, water-based, and thermoforming ink, and digital inkjet printer parts, and professional services.

Institutional Ownership by Quarter for Electronics For Imaging (NASDAQ:EFII)

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