Black Box Corp. (NASDAQ:BBOX) shot up 6.9% during mid-day trading on Monday . The stock traded as high as $15.51 and last traded at $15.05, with a volume of 81,957 shares traded. The stock had previously closed at $14.08.

The stock has a 50 day moving average of $13.96 and a 200-day moving average of $13.55. The stock’s market capitalization is $211.16 million.

Black Box Corp. (NASDAQ:BBOX) last issued its earnings results on Tuesday, August 2nd. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.22 by $0.09. The company had revenue of $218.50 million for the quarter, compared to analysts’ expectations of $218.03 million. Black Box Corp. had a positive return on equity of 8.73% and a negative net margin of 19.10%. Black Box Corp.’s revenue for the quarter was down 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.22 earnings per share. On average, equities analysts predict that Black Box Corp. will post $0.75 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, October 14th. Shareholders of record on Friday, September 30th will be given a dividend of $0.12 per share. The ex-dividend date is Wednesday, September 28th. This represents a $0.48 annualized dividend and a dividend yield of 3.44%. Black Box Corp.’s payout ratio is currently -4.27%.

Large investors have recently modified their holdings of the company. Dimensional Fund Advisors LP raised its stake in shares of Black Box Corp. by 4.9% in the second quarter. Dimensional Fund Advisors LP now owns 1,262,610 shares of the company’s stock valued at $16,514,000 after buying an additional 58,524 shares during the last quarter. BlackRock Fund Advisors raised its stake in shares of Black Box Corp. by 0.5% in the second quarter. BlackRock Fund Advisors now owns 1,010,071 shares of the company’s stock valued at $13,212,000 after buying an additional 5,408 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Black Box Corp. by 3.9% in the second quarter. Vanguard Group Inc. now owns 759,357 shares of the company’s stock valued at $9,932,000 after buying an additional 28,595 shares during the last quarter. LSV Asset Management raised its stake in shares of Black Box Corp. by 2.5% in the second quarter. LSV Asset Management now owns 569,547 shares of the company’s stock valued at $7,449,000 after buying an additional 13,700 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of Black Box Corp. by 40.8% in the second quarter. JPMorgan Chase & Co. now owns 521,832 shares of the company’s stock valued at $6,826,000 after buying an additional 151,149 shares during the last quarter. Institutional investors own 96.86% of the company’s stock.

About Black Box Corp.

Black Box Corporation is a technology solutions provider. The Company is engaged in designing, building, managing and securing the information technology (IT) infrastructure. Offerings under the Company’s Products platform include IT infrastructure, specialty networking, multimedia and keyboard/video/mouse (KVM) switching.

5 Day Chart for NASDAQ:BBOX

Receive News & Ratings for Black Box Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Black Box Corp. and related companies with MarketBeat.com's FREE daily email newsletter.