Great West Life Assurance Co. Can increased its stake in shares of Mentor Graphics Corp. (NASDAQ:MENT) by 12.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,417 shares of the company’s stock after buying an additional 7,373 shares during the period. Great West Life Assurance Co. Can owned approximately 0.06% of Mentor Graphics Corp. worth $1,729,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio increased its position in shares of Mentor Graphics Corp. by 20.9% in the second quarter. Public Employees Retirement System of Ohio now owns 4,952 shares of the company’s stock valued at $105,000 after buying an additional 857 shares during the period. LS Investment Advisors LLC increased its position in shares of Mentor Graphics Corp. by 70.6% in the second quarter. LS Investment Advisors LLC now owns 5,938 shares of the company’s stock valued at $126,000 after buying an additional 2,457 shares during the period. Fuller & Thaler Asset Management Inc. increased its position in shares of Mentor Graphics Corp. by 844.4% in the second quarter. Fuller & Thaler Asset Management Inc. now owns 6,375 shares of the company’s stock valued at $136,000 after buying an additional 5,700 shares during the period. Checchi Capital Advisers LLC increased its position in shares of Mentor Graphics Corp. by 7,915.5% in the second quarter. Checchi Capital Advisers LLC now owns 8,256 shares of the company’s stock valued at $176,000 after buying an additional 8,153 shares during the period. Finally, C M Bidwell & Associates Ltd. acquired a new position in shares of Mentor Graphics Corp. during the second quarter valued at approximately $188,000. Institutional investors own 98.89% of the company’s stock.

Institutional Ownership by Quarter for Mentor Graphics Corp. (NASDAQ:MENT)

Mentor Graphics Corp. (NASDAQ:MENT) traded down 0.05% during trading on Tuesday, hitting $36.59. The stock had a trading volume of 1,935,248 shares. Mentor Graphics Corp. has a one year low of $16.10 and a one year high of $37.03. The firm has a 50 day moving average of $30.93 and a 200-day moving average of $24.56. The company has a market cap of $3.98 billion, a P/E ratio of 44.03 and a beta of 0.66.

Mentor Graphics Corp. (NASDAQ:MENT) last posted its quarterly earnings data on Tuesday, November 22nd. The company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.09. Mentor Graphics Corp. had a net margin of 8.06% and a return on equity of 8.42%. The firm had revenue of $322.52 million for the quarter. During the same quarter in the previous year, the firm posted $0.28 earnings per share. The company’s revenue for the quarter was up 11.0% on a year-over-year basis. Equities analysts anticipate that Mentor Graphics Corp. will post $1.68 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 3rd. Shareholders of record on Thursday, December 8th will be given a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a yield of 0.60%. The ex-dividend date is Tuesday, December 6th. Mentor Graphics Corp.’s payout ratio is 27.85%.

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Several brokerages have commented on MENT. KeyCorp reaffirmed a “hold” rating on shares of Mentor Graphics Corp. in a research report on Tuesday, August 16th. Credit Suisse Group AG downgraded Mentor Graphics Corp. from an “outperform” rating to a “neutral” rating and upped their price objective for the company from $34.00 to $37.25 in a research report on Monday. Zacks Investment Research raised Mentor Graphics Corp. from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 20th. Pacific Crest reaffirmed a “hold” rating on shares of Mentor Graphics Corp. in a research report on Thursday, August 18th. Finally, DA Davidson downgraded Mentor Graphics Corp. from a “buy” rating to a “neutral” rating and set a $24.00 price objective on the stock. in a research report on Thursday, August 18th. They noted that the move was a valuation call. Six analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $30.42.

About Mentor Graphics Corp.

Mentor Graphics Corporation is a supplier of electronic design automation (EDA) tools, which include computer software and emulation hardware systems used to automate the design, analysis and testing of complex electro-mechanical systems, electronic hardware and embedded systems software in electronic systems and components.

5 Day Chart for NASDAQ:MENT

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