Investors bought shares of FEI Co. (NASDAQ:FEIC) on weakness during trading hours on Friday. $9.63 million flowed into the stock on the tick-up and $5.44 million flowed out of the stock on the tick-down, for a money net flow of $4.19 million into the stock. Of all equities tracked, FEI had the 12th highest net in-flow for the day. FEI traded down ($0.23) for the day and closed at $106.78

Several brokerages have recently weighed in on FEIC. Zacks Investment Research upgraded shares of FEI from a “hold” rating to a “buy” rating and set a $119.00 price target on the stock in a research note on Tuesday. DA Davidson reiterated a “neutral” rating and set a $107.50 price target (up previously from $90.00) on shares of FEI in a research note on Tuesday, May 31st. Benchmark Co. cut shares of FEI from a “buy” rating to a “hold” rating and lifted their price target for the stock from $92.00 to $107.50 in a research note on Tuesday, May 31st. William Blair cut shares of FEI from an “outperform” rating to a “market perform” rating in a research note on Tuesday, May 31st. Finally, Stifel Nicolaus cut shares of FEI from a “buy” rating to a “hold” rating in a research note on Tuesday, May 31st. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $107.00.

The stock’s 50 day moving average price is $104.63 and its 200 day moving average price is $87.10. The company has a market cap of $4.36 billion and a P/E ratio of 37.30.

FEI (NASDAQ:FEIC) last issued its quarterly earnings results on Wednesday, May 4th. The company reported $0.56 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.59 by $0.03. The business had revenue of $229 million for the quarter, compared to analyst estimates of $217.72 million. During the same quarter last year, the firm earned $0.66 EPS. The company’s quarterly revenue was up 3.6% compared to the same quarter last year. Analysts predict that FEI Co. will post $3.62 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 20th. Shareholders of record on Thursday, July 7th will be paid a dividend of $0.30 per share. The ex-dividend date is Tuesday, July 5th. This represents a $1.20 dividend on an annualized basis and a yield of 1.12%.

A number of hedge funds and institutional investors recently modified their holdings of FEIC. Wells Fargo & Company MN raised its position in shares of FEI by 4.7% in the fourth quarter. Wells Fargo & Company MN now owns 470,354 shares of the company’s stock worth $37,529,000 after buying an additional 21,180 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of FEI by 9.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 340,304 shares of the company’s stock worth $27,155,000 after buying an additional 28,116 shares during the last quarter. Eaton Vance Management raised its position in shares of FEI by 11.0% in the fourth quarter. Eaton Vance Management now owns 302,258 shares of the company’s stock worth $24,117,000 after buying an additional 29,896 shares during the last quarter. Aberdeen Asset Management PLC UK raised its position in shares of FEI by 26.0% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 240,425 shares of the company’s stock worth $18,551,000 after buying an additional 49,575 shares during the last quarter. Finally, State of Wisconsin Investment Board raised its position in shares of FEI by 4.5% in the fourth quarter. State of Wisconsin Investment Board now owns 140,925 shares of the company’s stock worth $11,244,000 after buying an additional 6,074 shares during the last quarter.

FEI Company is a supplier of scientific instruments and related services for nanoscale applications and solutions for industry and science. The Company operates in two segments: Industry Group and Science Group. The Industry Group consists of customers in semiconductor integrated circuit manufacturing and related industries, such as manufacturers of data storage equipment and other technologies, as well as customers in the natural resources industries, including mining and oil and gas.

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