BNP Paribas Arbitrage SA Acquires 6,373 Shares of Electronics For Imaging, Inc. (NASDAQ:EFII)

BNP Paribas Arbitrage SA raised its stake in shares of Electronics For Imaging, Inc. (NASDAQ:EFII) by 169.9% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,123 shares of the technology company’s stock after purchasing an additional 6,373 shares during the period. BNP Paribas Arbitrage SA’s holdings in Electronics For Imaging were worth $272,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EFII. Texas Permanent School Fund raised its position in shares of Electronics For Imaging by 3.0% during the 4th 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. Virginia Retirement Systems ET AL raised its position in shares of Electronics For Imaging by 4.7% during the 4th quarter. Virginia Retirement Systems ET AL now owns 29,000 shares of the technology company’s stock valued at $719,000 after buying an additional 1,300 shares in the last quarter. Pearl River Capital LLC purchased a new stake in shares of Electronics For Imaging during the 4th quarter valued at about $32,000. Neuburgh Advisers LLC raised its position in shares of Electronics For Imaging by 23.9% during the 4th quarter. Neuburgh Advisers LLC now owns 6,952 shares of the technology company’s stock valued at $172,000 after buying an additional 1,342 shares in the last quarter. Finally, Stone Ridge Asset Management LLC raised its position in shares of Electronics For Imaging by 22.8% during the 4th quarter. Stone Ridge Asset Management LLC now owns 8,831 shares of the technology company’s stock valued at $219,000 after buying an additional 1,640 shares in the last quarter.

Electronics For Imaging stock traded down $0.02 during midday trading on Friday, reaching $36.83. The stock had a trading volume of 412,800 shares, compared to its average volume of 818,258. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.30 and a quick ratio of 1.07. Electronics For Imaging, Inc. has a 52-week low of $19.76 and a 52-week high of $38.33. The firm has a market capitalization of $1.59 billion, a P/E ratio of -1,841.50 and a beta of 1.17.

Electronics For Imaging (NASDAQ:EFII) last announced its earnings results on Tuesday, May 7th. The technology company reported ($0.44) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.27) by ($0.17). Electronics For Imaging had a negative net margin of 1.61% and a negative return on equity of 2.16%. The firm had revenue of $223.72 million during the quarter, compared to analyst estimates of $218.89 million. Research analysts anticipate that Electronics For Imaging, Inc. will post -0.43 earnings per share for the current fiscal year.

Several analysts have recently issued reports on EFII shares. Zacks Investment Research upgraded shares of Electronics For Imaging from a “sell” rating to a “hold” rating in a research report on Tuesday, April 2nd. BidaskClub upgraded shares of Electronics For Imaging from a “hold” rating to a “buy” rating in a research report on Tuesday, April 9th. Needham & Company LLC cut shares of Electronics For Imaging from a “buy” rating to a “hold” rating in a research report on Monday, April 15th. ValuEngine upgraded shares of Electronics For Imaging from a “buy” rating to a “strong-buy” rating in a research report on Monday, April 15th. Finally, Loop Capital cut shares of Electronics For Imaging from a “buy” rating to a “hold” rating and upped their target price for the company from $35.00 to $37.00 in a research report on Tuesday, April 16th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $31.69.

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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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