Mitsubishi UFJ Kokusai Asset Management Co. Ltd. Grows Position in Xperi Inc. (NASDAQ:XPER)

Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its position in shares of Xperi Inc. (NASDAQ:XPERGet Rating) by 3.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 173,661 shares of the semiconductor company’s stock after buying an additional 5,075 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. owned about 0.17% of Xperi worth $2,456,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Clearline Capital LP increased its stake in shares of Xperi by 2.6% during the second quarter. Clearline Capital LP now owns 1,394,826 shares of the semiconductor company’s stock worth $20,127,000 after buying an additional 35,292 shares during the period. Thompson Siegel & Walmsley LLC increased its stake in shares of Xperi by 8.1% during the second quarter. Thompson Siegel & Walmsley LLC now owns 772,320 shares of the semiconductor company’s stock worth $11,145,000 after buying an additional 57,705 shares during the period. TSP Capital Management Group LLC boosted its holdings in Xperi by 3.2% in the second quarter. TSP Capital Management Group LLC now owns 834,763 shares of the semiconductor company’s stock valued at $12,046,000 after purchasing an additional 25,829 shares in the last quarter. Counterpoint Mutual Funds LLC boosted its holdings in Xperi by 222.2% in the second quarter. Counterpoint Mutual Funds LLC now owns 16,372 shares of the semiconductor company’s stock valued at $236,000 after purchasing an additional 11,290 shares in the last quarter. Finally, B. Riley Asset Management LLC boosted its holdings in Xperi by 13.3% in the second quarter. B. Riley Asset Management LLC now owns 867,925 shares of the semiconductor company’s stock valued at $12,524,000 after purchasing an additional 102,179 shares in the last quarter. 43.84% of the stock is currently owned by hedge funds and other institutional investors.

Xperi Price Performance

Shares of Xperi stock opened at $9.65 on Friday. Xperi Inc. has a 1 year low of $8.15 and a 1 year high of $26.00. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.36 and a quick ratio of 2.36. The company’s fifty day moving average is $9.71 and its two-hundred day moving average is $13.02.

Xperi (NASDAQ:XPERGet Rating) last issued its quarterly earnings data on Tuesday, November 8th. The semiconductor company reported ($0.53) earnings per share (EPS) for the quarter. The business had revenue of $121.64 million for the quarter. As a group, sell-side analysts forecast that Xperi Inc. will post -0.84 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on XPER. StockNews.com began coverage on Xperi in a report on Monday, January 16th. They issued a “strong-buy” rating for the company. Maxim Group began coverage on Xperi in a report on Tuesday, October 11th. They issued a “buy” rating and a $23.00 price target for the company. Finally, BWS Financial raised Xperi from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 9th. One research analyst has rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, Xperi presently has an average rating of “Buy” and an average price target of $24.00.

About Xperi

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Xperi Inc provides software and services in the United States. It offers Pay-TV solutions, including UX solutions that allows service providers to customize elements of the interactive program guide for their customers and to upgrade the programming features and services; IPTV solutions that supports various services and applications, such as TV programming, broadband OTT video content, digital music, and photos; managed IPTV service; video metadata and service, including schedules, listings, app content linking services, and advanced metadata, such as moods, tones, themes and topics; personalized content discovery, natural language voice, and insights; and TiVo DVR subscriptions.

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Institutional Ownership by Quarter for Xperi (NASDAQ:XPER)

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