Loomis Sayles & Co. L P grew its stake in shares of Vocera Communications Inc (NYSE:VCRA) by 14.4% during the 3rd quarter, HoldingsChannel reports. The fund owned 754,430 shares of the communications equipment provider’s stock after buying an additional 94,764 shares during the period. Loomis Sayles & Co. L P’s holdings in Vocera Communications were worth $27,597,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors also recently bought and sold shares of the company. Bank of Montreal Can increased its holdings in shares of Vocera Communications by 10.9% in the second quarter. Bank of Montreal Can now owns 49,157 shares of the communications equipment provider’s stock worth $1,469,000 after acquiring an additional 4,830 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. increased its holdings in shares of Vocera Communications by 94.9% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 45,208 shares of the communications equipment provider’s stock worth $1,351,000 after acquiring an additional 22,010 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of Vocera Communications by 11.6% in the second quarter. Wells Fargo & Company MN now owns 516,584 shares of the communications equipment provider’s stock worth $15,441,000 after acquiring an additional 53,686 shares in the last quarter. Rice Hall James & Associates LLC increased its holdings in shares of Vocera Communications by 20.1% in the second quarter. Rice Hall James & Associates LLC now owns 83,306 shares of the communications equipment provider’s stock worth $2,490,000 after acquiring an additional 13,941 shares in the last quarter. Finally, C WorldWide Group Holding A S bought a new stake in shares of Vocera Communications in the second quarter worth about $2,057,000.
In related news, Director Sharon O’keefe sold 4,000 shares of the stock in a transaction that occurred on Wednesday, October 3rd. The stock was sold at an average price of $33.86, for a total transaction of $135,440.00. Following the completion of the transaction, the director now directly owns 49,727 shares of the company’s stock, valued at $1,683,756.22. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Douglas Alan Carlen sold 2,000 shares of the stock in a transaction that occurred on Thursday, November 15th. The shares were sold at an average price of $35.16, for a total value of $70,320.00. Following the transaction, the general counsel now directly owns 76,517 shares of the company’s stock, valued at $2,690,337.72. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 80,429 shares of company stock valued at $2,797,996. 4.90% of the stock is owned by corporate insiders.
NYSE:VCRA opened at $40.15 on Thursday. The company has a quick ratio of 4.46, a current ratio of 4.52 and a debt-to-equity ratio of 0.69. The stock has a market cap of $1.20 billion, a P/E ratio of -133.83 and a beta of 0.17. Vocera Communications Inc has a 52-week low of $22.43 and a 52-week high of $41.51.
Vocera Communications (NYSE:VCRA) last posted its quarterly earnings data on Thursday, October 25th. The communications equipment provider reported $0.03 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.07) by $0.10. The business had revenue of $47.82 million during the quarter, compared to the consensus estimate of $46.40 million. Vocera Communications had a negative return on equity of 0.71% and a negative net margin of 3.36%. On average, research analysts predict that Vocera Communications Inc will post -0.16 earnings per share for the current year.
Several equities research analysts have issued reports on VCRA shares. Jefferies Financial Group started coverage on Vocera Communications in a report on Wednesday, September 19th. They issued a “buy” rating and a $40.00 price target for the company. Cantor Fitzgerald restated a “buy” rating and issued a $36.00 price target on shares of Vocera Communications in a report on Tuesday, August 21st. ValuEngine upgraded Vocera Communications from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 27th. Zacks Investment Research downgraded Vocera Communications from a “buy” rating to a “hold” rating in a report on Thursday, October 18th. Finally, Piper Jaffray Companies reiterated an “overweight” rating and set a $41.00 price objective on shares of Vocera Communications in a report on Friday, October 26th. One investment analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $37.78.
About Vocera Communications
Vocera Communications, Inc provides secure, integrated, and intelligent communication and workflow solutions that empowers mobile workers in healthcare, hospitality, energy, and other mission-critical mobile work environments in the United States and internationally. The company's communication solution could be integrated with other clinical systems, including electronic health records, nurse call systems, and patient monitoring, as well as to provide critical data, alerts, alarms, and clinical context that enable workflow.
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