1 week Ago By Defense World Staff
Norges Bank purchased a new position in shares of Benchmark Electronics, Inc. ( NYSE:BHE – Free Report ) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 116,783 shares of the technology company’s stock, valued at approximately $5,302,000.
Norges Bank owned approximately 0.32% of Benchmark Electronics at the end of the most recent reporting period. A number of other large investors also recently modified their holdings of BHE.
Parkside Financial Bank & Trust bought a new stake in Benchmark Electronics during the fourth quarter worth about $50,000. KBC Group NV raised its stake in shares of Benchmark Electronics by 40.2% during the 4th quarter.
KBC Group NV now owns 2,151 shares of the technology company’s stock worth $98,000 after purchasing an additional 617 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of Benchmark Electronics by 12.9% in the 4th quarter.
GAMMA Investing LLC now owns 2,547 shares of the technology company’s stock valued at $116,000 after buying an additional 292 shares during the last quarter. Summit Global Investments bought a new position in shares of Benchmark Electronics in the fourth quarter valued at $242,000. Finally, Highland Capital Management LLC grew its stake in shares of Benchmark Electronics by 6.
4% in the fourth quarter. Highland Capital Management LLC now owns 5,620 shares of the technology company’s stock valued at $255,000 after buying an additional 337 shares in the last quarter. 92.
29% of the stock is currently owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth A number of analysts have commented on BHE shares. StockNews.
com upgraded shares of Benchmark Electronics from a “hold” rating to a “buy” rating in a research note on Tuesday, January 7th. Needham & Company LLC upped their target price on shares of Benchmark Electronics from $48.00 to $50.
00 and gave the company a “buy” rating in a report on Thursday, January 30th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.
com, the company has an average rating of “Moderate Buy” and a consensus price target of $43.00. Benchmark Electronics Stock Up 10.
4 % BHE opened at $36.37 on Thursday. The company has a current ratio of 2.
32, a quick ratio of 1.46 and a debt-to-equity ratio of 0.24.
The stock’s fifty day simple moving average is $39.38 and its 200 day simple moving average is $43.86.
Benchmark Electronics, Inc. has a 1-year low of $28.64 and a 1-year high of $52.
57. The stock has a market cap of $1.31 billion, a PE ratio of 21.
02 and a beta of 0.83. Benchmark Electronics ( NYSE:BHE – Get Free Report ) last issued its quarterly earnings data on Wednesday, January 29th.
The technology company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.56 by ($0.
01). Benchmark Electronics had a net margin of 2.38% and a return on equity of 6.
68%. Benchmark Electronics Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Monday, March 31st will be paid a $0.
17 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.
68 annualized dividend and a yield of 1.87%. Benchmark Electronics’s dividend payout ratio (DPR) is presently 39.
31%. Insider Buying and Selling at Benchmark Electronics In other news, CEO Jeff Benck sold 6,000 shares of Benchmark Electronics stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $38.
82, for a total value of $232,920.00. Following the completion of the sale, the chief executive officer now directly owns 448,180 shares in the company, valued at approximately $17,398,347.
60. The trade was a 1.32 % decrease in their ownership of the stock.
The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link . Insiders own 2.10% of the company’s stock.
Benchmark Electronics Profile ( Free Report ) Benchmark Electronics, Inc, together with its subsidiaries, offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe. The company provides engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing and technology solutions, as well as automation equipment design and build services. Recommended Stories Five stocks we like better than Benchmark Electronics The How And Why of Investing in Oil Stocks Quantum Computing: The $6.
5 Billion Opportunity You Can’t Ignore Retail Stocks Investing, Explained Are Tariffs Threatening Disney’s Comeback Story? Dividend Payout Ratio Calculator Is Alphabet a Generational Buying Opportunity at These Levels? Want to see what other hedge funds are holding BHE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Benchmark Electronics, Inc. ( NYSE:BHE – Free Report ).
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