Hologic (HOLX) : Eagleclaw Capital Managment scooped up 500 additional shares in Hologic during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 42,000 shares of Hologic which is valued at $1,631,700.Hologic makes up approximately 1.04% of Eagleclaw Capital Managment’s portfolio.
Other Hedge Funds, Including , State Board Of Administration Of Florida Retirement System boosted its stake in HOLX in the latest quarter, The investment management firm added 47,515 additional shares and now holds a total of 391,690 shares of Hologic which is valued at $15,264,159. Hologic makes up approx 0.05% of State Board Of Administration Of Florida Retirement System’s portfolio.California Public Employees Retirement System reduced its stake in HOLX by selling 29,900 shares or 4.55% in the most recent quarter. The Hedge Fund company now holds 627,900 shares of HOLX which is valued at $24,488,100. Hologic makes up approx 0.04% of California Public Employees Retirement System’s portfolio. Rs Investment Management Co sold out all of its stake in HOLX during the most recent quarter. The investment firm sold 924,598 shares of HOLX which is valued $34,395,046. Dorsey Wright Associates sold out all of its stake in HOLX during the most recent quarter. The investment firm sold 49,849 shares of HOLX which is valued $1,820,485.
Hologic opened for trading at $38.82 and hit $39.01 on the upside on Monday, eventually ending the session at $39, with a gain of 0.83% or 0.32 points. The heightened volatility saw the trading volume jump to 19,77,675 shares. Company has a market cap of $10,819 M.
On the company’s financial health, Hologic reported $0.51 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.48. The company had revenue of $717.40 million for the quarter, compared to analysts expectations of $703.38 million. The company’s revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 EPS.
Many Wall Street Analysts have commented on Hologic. Company shares were Reiterated by RBC Capital Mkts on Aug 1, 2016 to “Sector Perform”, Firm has raised the Price Target to $ 39 from a previous price target of $37 .
Hologic Inc. is a developer manufacturer and supplier of diagnostics products medical imaging systems and surgical products. The Companys business units are focused on diagnostics breast health GYN surgical and skeletal health. The Companys diagnostics products include Aptima family of assays its ThinPrep system the Rapid Fetal Fibronectin Test and its Procleix blood screening assays. The Aptima family of assays is used to detect the infectious microorganisms that cause the common sexually transmitted diseases chlamydia and gonorrhea certain high-risk strains of human papillomavirus (HPV) and Trichomonas vaginalis the parasite that causes trichomoniasis. The Companys GYN surgical products include its NovaSure Endometrial Ablation System and its MyoSure Hysteroscopic Tissue Removal System. The skeletal health products include dual-energy X-ray bone densitometry systems an ultrasound-based osteoporosis assessment product and its Fluoroscan mini C-arm imaging products.