Isthmus Partners LLC Sells 677 Shares of Varex Imaging Co. (NASDAQ:VREX)

Isthmus Partners LLC lowered its holdings in Varex Imaging Co. (NASDAQ:VREX) by 0.8% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 80,803 shares of the company’s stock after selling 677 shares during the period. Isthmus Partners LLC owned approximately 0.21% of Varex Imaging worth $2,167,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. BlackRock Inc. boosted its holdings in Varex Imaging by 6.2% in the 1st quarter. BlackRock Inc. now owns 6,909,620 shares of the company’s stock valued at $141,579,000 after purchasing an additional 404,866 shares during the period. Shapiro Capital Management LLC raised its position in shares of Varex Imaging by 0.8% in the 1st quarter. Shapiro Capital Management LLC now owns 4,435,657 shares of the company’s stock valued at $90,887,000 after buying an additional 35,400 shares in the last quarter. Pzena Investment Management LLC raised its position in shares of Varex Imaging by 2.1% in the 1st quarter. Pzena Investment Management LLC now owns 1,658,037 shares of the company’s stock valued at $33,973,000 after buying an additional 34,668 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Varex Imaging by 10.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,443,350 shares of the company’s stock valued at $29,561,000 after buying an additional 134,431 shares in the last quarter. Finally, Frontier Capital Management Co. LLC raised its position in shares of Varex Imaging by 58.5% in the 2nd quarter. Frontier Capital Management Co. LLC now owns 1,195,609 shares of the company’s stock valued at $32,066,000 after buying an additional 441,137 shares in the last quarter.

Shares of NASDAQ:VREX traded up $0.57 during midday trading on Wednesday, hitting $28.78. The stock had a trading volume of 935 shares, compared to its average volume of 291,715. The company’s 50-day moving average price is $27.70 and its 200-day moving average price is $25.38. The company has a market capitalization of $1.13 billion, a P/E ratio of -62.69, a price-to-earnings-growth ratio of 4.68 and a beta of 0.97. The company has a quick ratio of 1.70, a current ratio of 3.01 and a debt-to-equity ratio of 0.89. Varex Imaging Co. has a fifty-two week low of $11.20 and a fifty-two week high of $29.95.

Varex Imaging (NASDAQ:VREX) last released its quarterly earnings data on Tuesday, August 3rd. The company reported $0.40 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.13. The business had revenue of $211.20 million during the quarter, compared to analysts’ expectations of $205.15 million. Varex Imaging had a negative net margin of 2.22% and a positive return on equity of 6.75%. Research analysts expect that Varex Imaging Co. will post 1.22 EPS for the current fiscal year.

Varex Imaging Company Profile

Varex Imaging Corp. engages in the design, manufacture, and sale of imaging components. It operates through the Medical and Industrial segments. The Medical segment delivers and services x-ray imaging components, including X-ray tubes, digital detectors, high voltage connectors, image-processing software and workstations, and three-dimensional reconstruction software.

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Institutional Ownership by Quarter for Varex Imaging (NASDAQ:VREX)

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