Value Holdings Lp buys $764,853 stake in Nanometrics Incorporated (NANO)

Nanometrics Incorporated (NANO) : Value Holdings Lp scooped up 4,000 additional shares in Nanometrics Incorporated during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 38,825 shares of Nanometrics Incorporated which is valued at $764,853.Nanometrics Incorporated makes up approximately 0.48% of Value Holdings Lp’s portfolio.

Other Hedge Funds, Including , Chicago Equity Partners boosted its stake in NANO in the latest quarter, The investment management firm added 120 additional shares and now holds a total of 45,050 shares of Nanometrics Incorporated which is valued at $902,802. Nanometrics Incorporated makes up approx 0.03% of Chicago Equity Partners’s portfolio. Hood River Capital Management added NANO to its portfolio by purchasing 269,528 company shares during the most recent quarter which is valued at $5,401,341. Nanometrics Incorporated makes up approx 0.65% of Hood River Capital Management’s portfolio.Cutler Group Lp reduced its stake in NANO by selling 644 shares or 15.02% in the most recent quarter. The Hedge Fund company now holds 3,644 shares of NANO which is valued at $77,909. Nanometrics Incorporated makes up approx 0.01% of Cutler Group Lp’s portfolio.

Nanometrics Incorporated closed down -0.05 points or -0.25% at $19.65 with 75,648 shares getting traded on Thursday. Post opening the session at $19.7, the shares hit an intraday low of $19.43 and an intraday high of $20 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Nanometrics Incorporated reported $0.16 EPS for the quarter, beating the analyst consensus estimate by $ 0.10 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $0.06. The company had revenue of $47.49 million for the quarter, compared to analysts expectations of $46.25 million. The company’s revenue was down -5.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.14 EPS.

Many Wall Street Analysts have commented on Nanometrics Incorporated. Company shares were Reiterated by Stifel on Jun 27, 2016 to “Buy”, Firm has raised the Price Target to $ 25 from a previous price target of $21 .

Nanometrics Incorporated (Nanometrics) provides process control metrology and inspection systems used in the fabrication of integrated circuits high-brightness LEDs (HB-LED) discrete components and data storage devices. The Company’s automated and integrated systems address numerous process control applications including critical dimension and film thickness measurement device topography defect inspection and analysis of various other film properties such as optical electrical and material characteristics. The Company’s process control solutions are deployed throughout the fabrication process from front-end-of-line substrate manufacturing to high-volume production of semiconductors and other devices to advanced wafer-scale packaging applications. The Company offers a diverse line of process control and inspection products and technologies to address the manufacturing requirements of the semiconductor (and other solid state device) manufacturing industry.

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