Hologic (HOLX) : Scout Investments scooped up 328,188 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 745,370 shares of Hologic which is valued at $28,957,625.Hologic makes up approximately 0.77% of Scout Investments’s portfolio.
Other Hedge Funds, Including , Alambic Investment Management boosted its stake in HOLX in the latest quarter, The investment management firm added 46,150 additional shares and now holds a total of 59,650 shares of Hologic which is valued at $2,317,403. Hologic makes up approx 0.52% of Alambic Investment Management’s portfolio.Nisa Investment Advisors boosted its stake in HOLX in the latest quarter, The investment management firm added 28,153 additional shares and now holds a total of 72,873 shares of Hologic which is valued at $2,655,492. Hologic makes up approx 0.03% of Nisa Investment Advisors’s portfolio.
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.