Logitech International SA (NASDAQ:LOGI) shares rose 2.2% during mid-day trading on Monday . The company traded as high as $16.70 and last traded at $16.63, with a volume of 205,613 shares changing hands. The stock had previously closed at $16.27.

Several analysts have weighed in on the company. Zacks Investment Research downgraded Logitech International SA from a “hold” rating to a “sell” rating in a research note on Tuesday, May 10th. Sterne Agee CRT assumed coverage on Logitech International SA in a research note on Tuesday, April 5th. They set a “neutral” rating and a $18.00 target price on the stock. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $18.00 target price on shares of Logitech International SA in a research note on Saturday, April 9th. Three research analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $16.13.

The stock has a market cap of $2.68 billion and a P/E ratio of 23.16. The company has a 50 day moving average price of $15.83 and a 200-day moving average price of $15.44.

Logitech International SA (NASDAQ:LOGI) last posted its quarterly earnings results on Wednesday, April 27th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.10 by $0.04. On average, analysts forecast that Logitech International SA will post $0.98 earnings per share for the current fiscal year.

A number of institutional investors have recently bought and sold shares of LOGI. Dimensional Fund Advisors LP boosted its position in Logitech International SA by 1.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 291,619 shares of the company’s stock valued at $4,395,000 after buying an additional 4,214 shares during the period. Schroder Investment Management Group boosted its position in Logitech International SA by 1.1% in the fourth quarter. Schroder Investment Management Group now owns 3,020,138 shares of the company’s stock valued at $46,510,000 after buying an additional 33,829 shares during the period. Liberty Mutual Group Asset Management Inc. purchased a new position in Logitech International SA during the fourth quarter valued at approximately $2,475,000. Alpha Omega Wealth Management LLC purchased a new position in Logitech International SA during the fourth quarter valued at approximately $2,578,000. Finally, First Trust Advisors LP boosted its position in Logitech International SA by 361.5% in the fourth quarter. First Trust Advisors LP now owns 162,467 shares of the company’s stock valued at $2,448,000 after buying an additional 127,261 shares during the period.

Logitech International SA (Logitech) is a Switzerland-based company that, together with its subsidiaries, develops and markets hardware and software products that enable or enhance digital navigation, music and video entertainment, gaming, social networking, and audio and video communication over the Internet.

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