American Century Companies Inc. grew its holdings in shares of Varex Imaging (NASDAQ:VREX – Free Report) by 231.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 220,061 shares of the company’s stock after buying an additional 153,659 shares during the period. American Century Companies Inc. owned 0.53% of Varex Imaging worth $2,553,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors also recently bought and sold shares of VREX. Barclays PLC lifted its holdings in Varex Imaging by 1.1% during the 4th quarter. Barclays PLC now owns 98,964 shares of the company’s stock worth $1,444,000 after buying an additional 1,081 shares during the last quarter. Marshall Wace LLP purchased a new stake in Varex Imaging during the 4th quarter worth about $224,000. MetLife Investment Management LLC lifted its holdings in Varex Imaging by 8.5% during the 4th quarter. MetLife Investment Management LLC now owns 24,026 shares of the company’s stock worth $351,000 after buying an additional 1,890 shares during the last quarter. Stifel Financial Corp purchased a new stake in Varex Imaging during the 4th quarter worth about $457,000. Finally, Price T Rowe Associates Inc. MD lifted its holdings in Varex Imaging by 22.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 15,411 shares of the company’s stock worth $225,000 after buying an additional 2,807 shares during the last quarter.
Varex Imaging Stock Up 0.7%
Varex Imaging stock opened at $11.55 on Monday. Varex Imaging has a fifty-two week low of $6.76 and a fifty-two week high of $16.93. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.82 and a current ratio of 3.51. The company has a market capitalization of $479.33 million, a P/E ratio of -3.60 and a beta of 0.87. The stock has a 50-day simple moving average of $8.91 and a 200-day simple moving average of $9.42.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on VREX. Wall Street Zen downgraded Varex Imaging from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 9th. B. Riley reissued a “buy” rating and issued a $16.00 target price (up from $12.00) on shares of Varex Imaging in a report on Friday, August 8th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $19.50.
Read Our Latest Report on VREX
Varex Imaging Profile
Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. The company operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components, comprising X-ray tubes, digital detectors and accessories, ionization chambers, high voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and heat exchangers.
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