Falcon Point Capital LLC boosted its position in shares of Monotype Imaging Holdings Inc. (NASDAQ:TYPE) by 1.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 388,101 shares of the company’s stock after buying an additional 5,493 shares during the period. Falcon Point Capital LLC owned about 0.99% of Monotype Imaging Holdings worth $9,559,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the stock. TIAA CREF Investment Management LLC increased its stake in Monotype Imaging Holdings by 6.2% in the first quarter. TIAA CREF Investment Management LLC now owns 162,915 shares of the company’s stock worth $3,897,000 after buying an additional 9,531 shares during the last quarter. Prudential Financial Inc. increased its stake in Monotype Imaging Holdings by 1.5% in the first quarter. Prudential Financial Inc. now owns 124,070 shares of the company’s stock worth $2,968,000 after buying an additional 1,800 shares during the last quarter. BlackRock Group LTD increased its stake in Monotype Imaging Holdings by 18.5% in the first quarter. BlackRock Group LTD now owns 82,850 shares of the company’s stock worth $1,982,000 after buying an additional 12,916 shares during the last quarter. BlackRock Institutional Trust Company N.A. increased its stake in Monotype Imaging Holdings by 11.4% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 1,334,542 shares of the company’s stock worth $31,922,000 after buying an additional 136,504 shares during the last quarter. Finally, Neumeier Poma Investment Counsel LLC increased its stake in Monotype Imaging Holdings by 5.0% in the first quarter. Neumeier Poma Investment Counsel LLC now owns 316,725 shares of the company’s stock worth $7,576,000 after buying an additional 15,075 shares during the last quarter. 93.58% of the stock is owned by institutional investors and hedge funds.

Monotype Imaging Holdings Inc. (NASDAQ:TYPE) traded up 1.10% during midday trading on Thursday, reaching $22.11. 146,490 shares of the company’s stock traded hands. Monotype Imaging Holdings Inc. has a 52 week low of $17.31 and a 52 week high of $27.76. The stock has a market capitalization of $870.63 million, a price-to-earnings ratio of 35.95 and a beta of 0.79. The company’s 50-day moving average price is $21.10 and its 200 day moving average price is $22.64.

Monotype Imaging Holdings (NASDAQ:TYPE) last posted its quarterly earnings data on Friday, July 29th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.03. Monotype Imaging Holdings had a net margin of 12.46% and a return on equity of 11.28%. The company earned $48.70 million during the quarter, compared to analyst estimates of $48.98 million. During the same period in the prior year, the firm earned $0.24 earnings per share. The business’s quarterly revenue was up 5.0% on a year-over-year basis. On average, equities research analysts expect that Monotype Imaging Holdings Inc. will post $1.07 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 21st. Shareholders of record on Monday, October 3rd will be paid a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a yield of 1.99%. The ex-dividend date of this dividend is Thursday, September 29th. Monotype Imaging Holdings’s dividend payout ratio is presently 72.13%.

A number of equities research analysts recently issued reports on the stock. B. Riley restated a “buy” rating and issued a $24.00 target price on shares of Monotype Imaging Holdings in a report on Tuesday, August 2nd. Zacks Investment Research upgraded shares of Monotype Imaging Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, June 29th. Finally, Ladenburg Thalmann initiated coverage on shares of Monotype Imaging Holdings in a research note on Wednesday, May 25th. They set a “buy” rating and a $29.00 price objective for the company. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $27.80.

In other news, Director Douglas J. Shaw sold 25,000 shares of the stock in a transaction that occurred on Tuesday, September 6th. The shares were sold at an average price of $20.88, for a total value of $522,000.00. Following the completion of the sale, the director now directly owns 119,897 shares of the company’s stock, valued at $2,503,449.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Steven R. Martin sold 2,000 shares of the stock in a transaction that occurred on Friday, July 15th. The stock was sold at an average price of $25.12, for a total transaction of $50,240.00. Following the completion of the sale, the vice president now directly owns 81,883 shares of the company’s stock, valued at $2,056,900.96. The disclosure for this sale can be found here. Company insiders own 2.30% of the company’s stock.

About Monotype Imaging Holdings

Monotype Imaging Holdings Inc (Monotype) is a provider of type and technology for applications and consumer devices. The Company’s business segment operates through development, marketing and licensing of technologies and fonts. Its business includes Creative Professional and original equipment manufacturer (OEM).

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