Swiss National Bank held its position in Monotype Imaging Holdings Inc. (NASDAQ:TYPE) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 68,500 shares of the software maker’s stock at the end of the 2nd quarter. Swiss National Bank owned approximately 0.17% of Monotype Imaging Holdings worth $1,254,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. UBS Group AG grew its holdings in shares of Monotype Imaging Holdings by 12.2% during the first quarter. UBS Group AG now owns 6,994 shares of the software maker’s stock worth $141,000 after buying an additional 759 shares in the last quarter. State of Alaska Department of Revenue grew its holdings in shares of Monotype Imaging Holdings by 79.1% during the second quarter. State of Alaska Department of Revenue now owns 8,204 shares of the software maker’s stock worth $150,000 after buying an additional 3,624 shares in the last quarter. BNP Paribas Arbitrage SA grew its holdings in shares of Monotype Imaging Holdings by 12.2% during the first quarter. BNP Paribas Arbitrage SA now owns 8,569 shares of the software maker’s stock worth $172,000 after buying an additional 929 shares in the last quarter. Municipal Employees Retirement System of Michigan grew its holdings in shares of Monotype Imaging Holdings by 4.0% during the second quarter. Municipal Employees Retirement System of Michigan now owns 9,890 shares of the software maker’s stock worth $181,000 after buying an additional 380 shares in the last quarter. Finally, Mason Street Advisors LLC grew its holdings in shares of Monotype Imaging Holdings by 6.1% during the first quarter. Mason Street Advisors LLC now owns 9,650 shares of the software maker’s stock worth $194,000 after buying an additional 554 shares in the last quarter. 90.33% of the stock is owned by institutional investors and hedge funds.

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Shares of Monotype Imaging Holdings Inc. (NASDAQ:TYPE) opened at 21.95 on Friday. The company has a 50 day moving average of $19.36 and a 200-day moving average of $19.25. The stock has a market cap of $870.47 million, a price-to-earnings ratio of 756.90 and a beta of 0.93. Monotype Imaging Holdings Inc. has a one year low of $15.75 and a one year high of $24.45.

Monotype Imaging Holdings (NASDAQ:TYPE) last posted its quarterly earnings data on Friday, July 28th. The software maker reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.06. The firm had revenue of $58.70 million during the quarter, compared to analysts’ expectations of $54.36 million. Monotype Imaging Holdings had a return on equity of 3.51% and a net margin of 0.61%. The firm’s quarterly revenue was up 20.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.27 EPS. On average, analysts anticipate that Monotype Imaging Holdings Inc. will post $0.57 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 20th. Investors of record on Monday, October 2nd will be given a dividend of $0.113 per share. This represents a $0.45 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date of this dividend is Friday, September 29th. Monotype Imaging Holdings’s dividend payout ratio is presently 1,500.50%.

TYPE has been the subject of a number of research reports. Zacks Investment Research raised shares of Monotype Imaging Holdings from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a report on Monday, August 21st. ValuEngine raised shares of Monotype Imaging Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, September 6th. BidaskClub raised shares of Monotype Imaging Holdings from a “sell” rating to a “hold” rating in a report on Monday, July 24th. Finally, B. Riley reaffirmed a “neutral” rating and set a $20.00 target price on shares of Monotype Imaging Holdings in a report on Saturday, August 5th. Five investment analysts have rated the stock with a hold rating, The stock has a consensus rating of “Hold” and an average target price of $20.50.

In related news, Director Roger J. Heinen, Jr. sold 1,500 shares of Monotype Imaging Holdings stock in a transaction dated Monday, July 31st. The stock was sold at an average price of $18.60, for a total transaction of $27,900.00. Following the completion of the sale, the director now owns 29,140 shares in the company, valued at approximately $542,004. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In the last quarter, insiders have sold 6,000 shares of company stock valued at $110,700. 2.30% of the stock is currently owned by company insiders.

Monotype Imaging Holdings Company Profile

Monotype Imaging Holdings Inc is engaged in the development, marketing and licensing of technologies and fonts. The Company empowers expression and engagement for creatives, designers, engineers and marketers. It organizes its business operations into two areas: creative professionals and original equipment manufacturer (OEM).

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Institutional Ownership by Quarter for Monotype Imaging Holdings (NASDAQ:TYPE)

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