Candriam Luxembourg S.C.A. bought a new stake in shares of FEI Co. (NASDAQ:FEIC) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 20,000 shares of the company’s stock, valued at approximately $2,138,000.
A number of other hedge funds have also modified their holdings of the stock. Wellington Management Group LLP increased its stake in shares of FEI by 19.0% in the first quarter. Wellington Management Group LLP now owns 2,324,171 shares of the company’s stock valued at $206,874,000 after buying an additional 370,365 shares in the last quarter. State Street Corp boosted its position in FEI by 0.8% in the first quarter. State Street Corp now owns 1,319,191 shares of the company’s stock valued at $117,427,000 after buying an additional 10,299 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its position in FEI by 2.1% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 1,184,467 shares of the company’s stock valued at $105,429,000 after buying an additional 24,785 shares during the last quarter. Silvercrest Asset Management Group LLC boosted its position in FEI by 1.0% in the first quarter. Silvercrest Asset Management Group LLC now owns 536,186 shares of the company’s stock valued at $47,726,000 after buying an additional 5,427 shares during the last quarter. Finally, Norges Bank purchased a new position in FEI during the fourth quarter valued at $42,615,000. Institutional investors and hedge funds own 97.73% of the company’s stock.
Shares of FEI Co. (NASDAQ:FEIC) remained flat at $106.89 during trading on Friday. The company’s 50-day moving average price is $106.65 and its 200-day moving average price is $98.82. FEI Co. has a 1-year low of $64.93 and a 1-year high of $108.35.
Separately, Zacks Investment Research raised FEI from a “hold” rating to a “buy” rating and set a $119.00 price target on the stock in a report on Tuesday, August 9th. Six research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. FEI currently has a consensus rating of “Hold” and a consensus price target of $107.00.
In related news, VP Anthony L. Trunzo sold 35,104 shares of the business’s stock in a transaction that occurred on Wednesday, August 10th. The shares were sold at an average price of $106.61, for a total value of $3,742,437.44. Following the completion of the transaction, the vice president now owns 24,994 shares of the company’s stock, valued at $2,664,610.34. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.98% of the stock is currently owned by corporate insiders.
FEI Company Profile
FEI Company is a supplier of scientific instruments and related services for nanoscale applications and solutions for industry and science. The Company operates through two segments: Industry Group, which consists of customers in semiconductor integrated circuit manufacturing and related industries, such as manufacturers of data storage equipment and other technologies, as well as customers in the oil and gas industry, and Science Group, which includes universities, research laboratories and customers in a range of industries, including metals, automobiles, aerospace, geosciences and forensics.
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