WINTON GROUP Ltd Purchases New Stake in Xperi Corp (XPER)

WINTON GROUP Ltd purchased a new stake in shares of Xperi Corp (NASDAQ:XPER) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 157,588 shares of the semiconductor company’s stock, valued at approximately $2,537,000. WINTON GROUP Ltd owned approximately 0.32% of Xperi as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Advisors Asset Management Inc. grew its position in Xperi by 60.7% in the 2nd quarter. Advisors Asset Management Inc. now owns 263,204 shares of the semiconductor company’s stock worth $6,157,000 after purchasing an additional 99,431 shares during the period. Glenmede Trust Co. NA grew its position in Xperi by 4.0% in the 2nd quarter. Glenmede Trust Co. NA now owns 1,434,112 shares of the semiconductor company’s stock worth $23,089,000 after purchasing an additional 55,463 shares during the period. BlueMountain Capital Management LLC grew its position in Xperi by 70.3% in the 2nd quarter. BlueMountain Capital Management LLC now owns 15,131 shares of the semiconductor company’s stock worth $244,000 after purchasing an additional 6,244 shares during the period. Dimensional Fund Advisors LP grew its position in Xperi by 7.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,032,527 shares of the semiconductor company’s stock worth $32,723,000 after purchasing an additional 145,096 shares during the period. Finally, Legal & General Group Plc grew its position in Xperi by 4.6% in the 2nd quarter. Legal & General Group Plc now owns 107,729 shares of the semiconductor company’s stock worth $1,722,000 after purchasing an additional 4,753 shares during the period. 98.21% of the stock is owned by institutional investors.

XPER has been the subject of a number of research analyst reports. BidaskClub downgraded shares of Xperi from a “hold” rating to a “sell” rating in a research report on Friday, June 8th. ValuEngine downgraded shares of Xperi from a “sell” rating to a “strong sell” rating in a research report on Monday, June 11th. B. Riley initiated coverage on shares of Xperi in a research report on Thursday, July 19th. They issued a “buy” rating and a $26.00 target price for the company. Royal Bank of Canada reaffirmed a “buy” rating and issued a $22.00 target price on shares of Xperi in a research report on Thursday, August 9th. Finally, Craig Hallum set a $25.00 target price on shares of Xperi and gave the stock a “buy” rating in a research report on Thursday, August 9th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $28.80.

Shares of Xperi stock opened at $14.90 on Tuesday. The firm has a market cap of $768.37 million, a PE ratio of 10.88 and a beta of 0.52. Xperi Corp has a 1-year low of $14.50 and a 1-year high of $28.33. The company has a debt-to-equity ratio of 0.84, a quick ratio of 7.92 and a current ratio of 7.92.

Xperi (NASDAQ:XPER) last issued its quarterly earnings results on Wednesday, August 8th. The semiconductor company reported $0.23 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.18). The business had revenue of $100.69 million for the quarter, compared to analysts’ expectations of $101.00 million. Xperi had a negative return on equity of 2.09% and a negative net margin of 19.66%. equities analysts expect that Xperi Corp will post 2.05 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 6th. Stockholders of record on Thursday, August 16th were paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 5.37%. The ex-dividend date of this dividend was Wednesday, August 15th. Xperi’s dividend payout ratio is presently 58.39%.

Xperi Company Profile

Xperi Corp. is a product and technology licensing company, which manufactures semiconductors and related products. It operates through Product Licensing and Semiconductor and IP Licensing segments. The Product Licensing segment is comprised of Audio and Imaging businesses of the company, which it licenses through the brands DTS, HD Radio and FotoNation.

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Institutional Ownership by Quarter for Xperi (NASDAQ:XPER)

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