Piedmont Investment Advisors Inc. Buys 303 Shares of Electronics For Imaging, Inc. (NASDAQ:EFII)

Piedmont Investment Advisors Inc. raised its stake in Electronics For Imaging, Inc. (NASDAQ:EFII) by 2.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,755 shares of the technology company’s stock after acquiring an additional 303 shares during the period. Piedmont Investment Advisors Inc.’s holdings in Electronics For Imaging were worth $289,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cowen Prime Services LLC increased its holdings in Electronics For Imaging by 6.3% in the first quarter. Cowen Prime Services LLC now owns 5,100 shares of the technology company’s stock valued at $137,000 after buying an additional 300 shares in the last quarter. Oregon Public Employees Retirement Fund increased its holdings in Electronics For Imaging by 1.8% in the first quarter. Oregon Public Employees Retirement Fund now owns 17,015 shares of the technology company’s stock valued at $458,000 after buying an additional 307 shares in the last quarter. Menta Capital LLC increased its holdings in Electronics For Imaging by 3.9% in the first quarter. Menta Capital LLC now owns 12,390 shares of the technology company’s stock valued at $333,000 after buying an additional 465 shares in the last quarter. Carillon Tower Advisers Inc. increased its holdings in Electronics For Imaging by 0.5% in the first quarter. Carillon Tower Advisers Inc. now owns 91,811 shares of the technology company’s stock valued at $2,470,000 after buying an additional 500 shares in the last quarter. Finally, Texas Permanent School Fund increased its holdings in Electronics For Imaging by 3.0% in the fourth quarter. Texas Permanent School Fund now owns 28,749 shares of the technology company’s stock valued at $713,000 after buying an additional 828 shares in the last quarter.

Shares of EFII traded up $0.01 during mid-day trading on Wednesday, reaching $36.88. The company had a trading volume of 557,400 shares, compared to its average volume of 813,667. The firm has a market capitalization of $1.59 billion, a PE ratio of -1,844.00 and a beta of 1.17. The company’s fifty day simple moving average is $36.87. Electronics For Imaging, Inc. has a fifty-two week low of $19.76 and a fifty-two week high of $38.33. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.07 and a current ratio of 1.30.

Electronics For Imaging (NASDAQ:EFII) last released its quarterly earnings data on Tuesday, May 7th. The technology company reported ($0.44) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.27) by ($0.17). Electronics For Imaging had a negative return on equity of 2.16% and a negative net margin of 1.61%. The company had revenue of $223.72 million for the quarter, compared to the consensus estimate of $218.89 million. On average, equities research analysts expect that Electronics For Imaging, Inc. will post -0.43 EPS for the current fiscal year.

A number of research analysts have recently weighed in on EFII shares. Loop Capital cut shares of Electronics For Imaging from a “buy” rating to a “hold” rating and raised their price objective for the stock from $35.00 to $37.00 in a research note on Tuesday, April 16th. ValuEngine raised shares of Electronics For Imaging from a “buy” rating to a “strong-buy” rating in a research note on Monday, April 15th. Needham & Company LLC cut shares of Electronics For Imaging from a “buy” rating to a “hold” rating in a research note on Monday, April 15th. TheStreet raised shares of Electronics For Imaging from a “d+” rating to a “c-” rating in a research note on Monday, April 15th. Finally, Citigroup raised their price objective on shares of Electronics For Imaging from $32.00 to $44.00 and gave the stock a “buy” rating in a research note on Wednesday, April 17th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $31.69.

About Electronics For Imaging

Electronics for Imaging, Inc provides industrial format display graphics, corrugated packaging and display, textile, and ceramic tile decoration digital inkjet printers worldwide. Its Industrial Inkjet segment offers VUTEk format display graphics, Nozomi corrugated packaging and display, Reggiani textile, and Cretaprint ceramic tile decoration and building material industrial digital inkjet printers; digital ultra-violet curable, light emitting diode curable, ceramic, water-based, thermoforming, and specialty inks; various textile inks, including dye sublimation, pigmented, reactive dye, acid dye, pure disperse dye, and water-based dispersed printing inks, as well as coatings; digital inkjet printer parts; and professional services.

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

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