World Investment Advisors Takes Position in Optex Systems Holdings Inc. $OPXS

World Investment Advisors purchased a new stake in Optex Systems Holdings Inc. (NASDAQ:OPXSFree Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 57,864 shares of the company’s stock, valued at approximately $821,000. World Investment Advisors owned about 0.83% of Optex Systems as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in OPXS. Beacon Pointe Advisors LLC grew its holdings in Optex Systems by 15.5% during the 4th quarter. Beacon Pointe Advisors LLC now owns 14,050 shares of the company’s stock worth $199,000 after acquiring an additional 1,890 shares during the last quarter. Marshall Wace LLP raised its stake in shares of Optex Systems by 15.7% in the fourth quarter. Marshall Wace LLP now owns 90,872 shares of the company’s stock worth $1,289,000 after acquiring an additional 12,337 shares during the last quarter. Archon Capital Management LLC raised its stake in shares of Optex Systems by 109.8% in the fourth quarter. Archon Capital Management LLC now owns 176,004 shares of the company’s stock worth $2,496,000 after acquiring an additional 92,094 shares during the last quarter. State Street Corp lifted its position in shares of Optex Systems by 22.2% during the fourth quarter. State Street Corp now owns 25,857 shares of the company’s stock worth $367,000 after purchasing an additional 4,700 shares in the last quarter. Finally, Wasatch Advisors LP lifted its position in shares of Optex Systems by 166.6% during the fourth quarter. Wasatch Advisors LP now owns 265,743 shares of the company’s stock worth $3,768,000 after purchasing an additional 166,065 shares in the last quarter. Institutional investors and hedge funds own 19.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Freedom Capital raised shares of Optex Systems to a “strong-buy” rating in a report on Monday, April 6th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Optex Systems in a report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Optex Systems currently has a consensus rating of “Buy”.

Read Our Latest Research Report on Optex Systems

Optex Systems Stock Up 0.4%

Shares of OPXS stock opened at $13.06 on Tuesday. The firm has a market cap of $90.90 million, a price-to-earnings ratio of 22.14 and a beta of 0.51. Optex Systems Holdings Inc. has a 12 month low of $9.74 and a 12 month high of $17.76. The stock has a 50-day moving average price of $11.46 and a 200 day moving average price of $13.01.

Optex Systems (NASDAQ:OPXSGet Free Report) last released its earnings results on Monday, May 11th. The company reported $0.19 earnings per share (EPS) for the quarter. The company had revenue of $9.63 million for the quarter. Optex Systems had a net margin of 10.00% and a return on equity of 19.33%.

Optex Systems Profile

(Free Report)

Optex Systems Holdings, Inc (NASDAQ: OPXS) is a technology company specializing in infrared sensing systems for defense and homeland security applications. The company engineers, designs and manufactures electro-optical and infrared (EO/IR) payloads and sensors used across a range of surveillance and targeting platforms. Its core focus areas include mission-critical solutions for unmanned aerial vehicles (UAVs), rotary- and fixed-wing aircraft, and ground-based observation systems.

Optex Systems’ product portfolio consists of high-resolution thermal imaging cameras, infrared seekers, laser designators and multispectral platforms.

See Also

Institutional Ownership by Quarter for Optex Systems (NASDAQ:OPXS)

Receive News & Ratings for Optex Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Optex Systems and related companies with MarketBeat.com's FREE daily email newsletter.