Retirement Systems of Alabama Has $5,633,000 Stake in FEI Co. (FEIC)
Retirement Systems of Alabama increased its stake in FEI Co. (NASDAQ:FEIC) by 0.0% during the second quarter, Holdings Channel reports. The institutional investor owned 52,708 shares of the company’s stock after buying an additional 17 shares during the period. Retirement Systems of Alabama’s holdings in FEI were worth $5,633,000 at the end of the most recent reporting period.
Several other large investors also recently added to or reduced their stakes in the company. Silvercrest Asset Management Group LLC boosted its stake in FEI by 1.0% in the first quarter. Silvercrest Asset Management Group LLC now owns 536,186 shares of the company’s stock valued at $47,726,000 after buying an additional 5,427 shares in the last quarter. State Street Corp boosted its stake in FEI by 0.8% in the first quarter. State Street Corp now owns 1,319,191 shares of the company’s stock valued at $117,427,000 after buying an additional 10,299 shares in the last quarter. Aperio Group LLC boosted its stake in FEI by 4.6% in the first quarter. Aperio Group LLC now owns 4,439 shares of the company’s stock valued at $395,000 after buying an additional 196 shares in the last quarter. BNP Paribas Arbitrage SA boosted its stake in FEI by 52,032.3% in the second quarter. BNP Paribas Arbitrage SA now owns 16,161 shares of the company’s stock valued at $1,727,000 after buying an additional 16,130 shares in the last quarter. Finally, Springbok Capital Management LLC bought a new stake in FEI during the first quarter valued at about $131,000. 97.73% of the stock is currently owned by institutional investors and hedge funds.
FEI Co. (NASDAQ:FEIC) remained flat at $106.89 on Wednesday. The firm’s 50 day moving average price is $106.65 and its 200 day moving average price is $98.82. FEI Co. has a 1-year low of $64.93 and a 1-year high of $108.35.
Separately, Zacks Investment Research raised shares of FEI from a “hold” rating to a “buy” rating and set a $119.00 target price on the stock in a research report on Tuesday, July 5th. Six analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $107.00.
In other FEI news, VP Anthony L. Trunzo sold 35,104 shares of the business’s stock in a transaction dated Wednesday, August 10th. The shares were sold at an average price of $106.61, for a total value of $3,742,437.44. Following the sale, the vice president now directly owns 24,994 shares in the company, valued at $2,664,610.34. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.98% of the stock is currently owned by company insiders.
FEI Company Profile
FEI Company is a supplier of scientific instruments and related services for nanoscale applications and solutions for industry and science. The Company operates through two segments: Industry Group, which 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 oil and gas industry, and Science Group, which includes universities, research laboratories and customers in a range of industries, including metals, automobiles, aerospace, geosciences and forensics.
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