BBT Capital Management LLC acquired a new position in shares of Nanometrics Incorporated (NASDAQ:NANO) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 30,990 shares of the semiconductor company’s stock, valued at approximately $1,163,000.

Several other institutional investors and hedge funds have also recently modified their holdings of NANO. BlackRock Inc. grew its position in shares of Nanometrics by 1.9% during the 3rd quarter. BlackRock Inc. now owns 3,643,624 shares of the semiconductor company’s stock worth $136,710,000 after buying an additional 68,512 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of Nanometrics by 2.9% during the 3rd quarter. Bank of New York Mellon Corp now owns 319,418 shares of the semiconductor company’s stock worth $11,985,000 after buying an additional 8,888 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Nanometrics during the 3rd quarter worth $216,000. Teachers Retirement System of The State of Kentucky grew its position in shares of Nanometrics by 68.4% during the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 9,108 shares of the semiconductor company’s stock worth $342,000 after buying an additional 3,700 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of Nanometrics by 6.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 82,385 shares of the semiconductor company’s stock worth $3,092,000 after buying an additional 5,275 shares in the last quarter. 84.07% of the stock is currently owned by institutional investors and hedge funds.

Shares of NASDAQ NANO opened at $30.43 on Wednesday. The firm has a market cap of $764.00 million, a P/E ratio of 24.75, a P/E/G ratio of 1.17 and a beta of 1.79. Nanometrics Incorporated has a 1-year low of $22.08 and a 1-year high of $48.26.

Nanometrics (NASDAQ:NANO) last issued its quarterly earnings data on Tuesday, October 30th. The semiconductor company reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.02. The firm had revenue of $76.60 million during the quarter, compared to analysts’ expectations of $74.43 million. Nanometrics had a return on equity of 21.49% and a net margin of 17.32%. The firm’s quarterly revenue was up 35.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.22 EPS. As a group, analysts anticipate that Nanometrics Incorporated will post 2.24 earnings per share for the current fiscal year.

NANO has been the topic of a number of recent research reports. DA Davidson downgraded Nanometrics from a “buy” rating to a “neutral” rating and set a $21.00 price target on the stock. in a research report on Thursday, August 16th. They noted that the move was a valuation call. ValuEngine upgraded Nanometrics from a “sell” rating to a “hold” rating in a research note on Friday, October 12th. Benchmark restated a “buy” rating and set a $43.00 price objective on shares of Nanometrics in a research note on Friday, October 5th. BidaskClub upgraded Nanometrics from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 17th. Finally, Stifel Nicolaus upgraded Nanometrics from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a research note on Wednesday, October 31st. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $34.00.

In related news, General Counsel Janet Therese Taylor sold 2,305 shares of the company’s stock in a transaction on Tuesday, August 28th. The stock was sold at an average price of $44.78, for a total transaction of $103,217.90. Following the completion of the sale, the general counsel now directly owns 33,056 shares in the company, valued at approximately $1,480,247.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 6.90% of the company’s stock.

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Nanometrics Company Profile

Nanometrics Incorporated provides process control metrology and inspection systems for use primarily in the fabrication of semiconductors and other solid-state devices worldwide. It offers automated metrology systems that provide optical critical dimension, thin film metrology, and wafer stress for transistor and interconnect metrology applications; and integrated metrology systems that are installed onto wafer processing equipment to provide near real-time measurements.

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Institutional Ownership by Quarter for Nanometrics (NASDAQ:NANO)

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