Koch Industries Inc. acquired a new stake in Varex Imaging Corp (NASDAQ:VREX) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 8,139 shares of the company’s stock, valued at approximately $327,000.

Other large investors have also recently made changes to their positions in the company. Russell Investments Group Ltd. bought a new stake in shares of Varex Imaging during the third quarter worth $17,856,000. Cooke & Bieler LP grew its stake in shares of Varex Imaging by 366.8% during the fourth quarter. Cooke & Bieler LP now owns 375,151 shares of the company’s stock worth $15,070,000 after buying an additional 294,777 shares during the last quarter. Dimensional Fund Advisors LP bought a new stake in shares of Varex Imaging during the second quarter worth $9,048,000. APG Asset Management N.V. grew its stake in shares of Varex Imaging by 324.1% during the fourth quarter. APG Asset Management N.V. now owns 335,024 shares of the company’s stock worth $11,207,000 after buying an additional 256,024 shares during the last quarter. Finally, Commonwealth Bank of Australia grew its stake in shares of Varex Imaging by 46.3% during the third quarter. Commonwealth Bank of Australia now owns 624,795 shares of the company’s stock worth $20,918,000 after buying an additional 197,725 shares during the last quarter. 93.49% of the stock is currently owned by institutional investors and hedge funds.

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A number of analysts have weighed in on the stock. JPMorgan Chase & Co. raised shares of Varex Imaging from an “underweight” rating to a “neutral” rating in a research note on Wednesday, December 20th. Zacks Investment Research lowered shares of Varex Imaging from a “buy” rating to a “hold” rating in a report on Wednesday, February 21st.

Varex Imaging Corp (NASDAQ VREX) opened at $38.86 on Wednesday. The company has a market cap of $1,470.00 and a price-to-earnings ratio of 32.38. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.60 and a current ratio of 3.25. Varex Imaging Corp has a fifty-two week low of $27.80 and a fifty-two week high of $43.76.

Varex Imaging (NASDAQ:VREX) last issued its quarterly earnings results on Thursday, February 1st. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.17). The business had revenue of $176.20 million for the quarter, compared to analyst estimates of $194.00 million. Varex Imaging had a return on equity of 16.90% and a net margin of 7.24%. Varex Imaging’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.37 EPS. research analysts forecast that Varex Imaging Corp will post 1.87 EPS for the current year.

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Varex Imaging Company Profile

Varex Imaging Corporation is a supplier of medical X-ray tubes and image processing solutions. The Company’s segments include Medical and Industrial. The X-ray imaging system manufacturers use the Company’s components for medical imaging, cargo screening and border security, to detect, diagnose and protect.

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Institutional Ownership by Quarter for Varex Imaging (NASDAQ:VREX)

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