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Frontier Capital Management Co. LLC boosted its position in shares of Varex Imaging Co. (NASDAQ:VREX - Get Rating) by 35.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,770,349 shares of the company's stock after purchasing an additional 465,366 shares during the quarter. Frontier Capital Management Co. LLC owned about 4.45% of Varex Imaging worth $37,425,000 as of its most recent filing with the Securities and Exchange Commission.
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Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ancora Advisors LLC increased its stake in shares of Varex Imaging by 100.8% in the 1st quarter. Ancora Advisors LLC now owns 1,265 shares of the company's stock valued at $26,000 after acquiring an additional 635 shares during the last quarter. Point72 Hong Kong Ltd bought a new stake in shares of Varex Imaging in the 1st quarter valued at about $46,000. Advisor Group Holdings Inc. increased its stake in shares of Varex Imaging by 59.0% in the 1st quarter. Advisor Group Holdings Inc. now owns 1,968 shares of the company's stock valued at $62,000 after acquiring an additional 730 shares during the last quarter. US Bancorp DE grew its position in shares of Varex Imaging by 73.0% in the 2nd quarter. US Bancorp DE now owns 3,974 shares of the company's stock valued at $85,000 after purchasing an additional 1,677 shares during the period. Finally, Shell Asset Management Co. acquired a new position in shares of Varex Imaging in the 3rd quarter valued at approximately $111,000. Analysts Set New Price Targets
Separately, StockNews.com lowered Varex Imaging from a "buy" rating to a "hold" rating in a research report on Thursday, February 2nd.Varex Imaging Trading Down 0.1 %
NASDAQ:VREX opened at $17.68 on Thursday. The company has a market cap of $708.97 million, a P/E ratio of 22.67, a price-to-earnings-growth ratio of 0.70 and a beta of 0.77. The company has a quick ratio of 1.82, a current ratio of 3.86 and a debt-to-equity ratio of 0.84. Varex Imaging Co. has a twelve month low of $17.62 and a twelve month high of $25.14. The business has a 50 day moving average price of $19.72 and a two-hundred day moving average price of $20.78. Varex Imaging Company Profile (Get Rating)
Varex Imaging Corp. engages in the design, manufacture, and sale of imaging components. It operates through the Medical and Industrial segments. The Medical segment delivers and services x-ray imaging components, including X-ray tubes, digital detectors, high voltage connectors, image-processing software and workstations, and three-dimensional reconstruction software.Read MoreGet a free copy of the StockNews.com research report on Varex Imaging (VREX)West Fraser's Earnings Scream Timber, Outlook Says Buy 3 Mid-Caps Below $20 That Wall Street LovesIt’s Do or Die for Opendoor: Can It Survive a Real Estate Slump?Wall Street Sees 23% Upside In Revance, Maker Of Botox CompetitorHas Workhorse Group Finally Hit Bottom?
Want to see what other hedge funds are holding VREX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Varex Imaging Co. (NASDAQ:VREX - Get Rating).
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