Macquarie Group Ltd. Takes Position in Vocera Communications Inc. (VCRA)
Macquarie Group Ltd. acquired a new position in shares of Vocera Communications Inc. (NYSE:VCRA) during the second quarter, Holdings Channel reports. The fund acquired 93,900 shares of the company’s stock, valued at approximately $1,207,000. Macquarie Group Ltd. owned about 0.35% of Vocera Communications as of its most recent filing with the SEC.
A number of other hedge funds have also recently added to or reduced their stakes in VCRA. Bank of Montreal Can purchased a new stake in Vocera Communications during the second quarter worth about $177,000. Rockefeller Financial Services Inc. boosted its stake in Vocera Communications by 6.1% in the second quarter. Rockefeller Financial Services Inc. now owns 722,471 shares of the company’s stock worth $9,284,000 after buying an additional 41,353 shares during the last quarter. Eqis Capital Management Inc. purchased a new stake in Vocera Communications during the second quarter worth about $273,000. Magnetar Financial LLC purchased a new stake in Vocera Communications during the first quarter worth about $234,000. Finally, Springbok Capital Management LLC boosted its stake in Vocera Communications by 425.1% in the first quarter. Springbok Capital Management LLC now owns 21,005 shares of the company’s stock worth $268,000 after buying an additional 17,005 shares during the last quarter. 92.82% of the stock is owned by hedge funds and other institutional investors.
Vocera Communications Inc. (NYSE:VCRA) opened at 17.04 on Wednesday. The firm’s market cap is $460.42 million. The company’s 50 day moving average price is $15.91 and its 200 day moving average price is $13.48. Vocera Communications Inc. has a 52-week low of $10.08 and a 52-week high of $17.07.
Vocera Communications (NYSE:VCRA) last released its quarterly earnings data on Thursday, July 28th. The company reported $0.02 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.02) by $0.04. Vocera Communications had a negative net margin of 12.19% and a negative return on equity of 12.43%. The business earned $31.10 million during the quarter, compared to analysts’ expectations of $27.90 million. During the same quarter in the prior year, the company earned ($0.09) EPS. The firm’s quarterly revenue was up 22.4% on a year-over-year basis. Analysts predict that Vocera Communications Inc. will post $0.05 earnings per share for the current fiscal year.
A number of research firms recently issued reports on VCRA. Leerink Swann reissued an “outperform” rating and set a $20.00 price objective (up previously from $18.00) on shares of Vocera Communications in a research report on Thursday, September 8th. Zacks Investment Research raised Vocera Communications from a “hold” rating to a “buy” rating and set a $17.00 price objective for the company in a research report on Wednesday, August 3rd. Raymond James Financial Inc. initiated coverage on Vocera Communications in a research report on Wednesday, July 13th. They set an “outperform” rating and a $16.50 price objective for the company. FBR & Co boosted their price target on Vocera Communications from $17.00 to $20.00 and gave the stock an “outperform” rating in a research report on Friday, July 29th. Finally, Oppenheimer Holdings Inc. reaffirmed a “buy” rating on shares of Vocera Communications in a research report on Friday, June 10th. Nine equities research analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and an average price target of $18.44.
In other Vocera Communications news, Director Robert Zollars sold 65,500 shares of the stock in a transaction dated Thursday, September 1st. The stock was sold at an average price of $15.99, for a total transaction of $1,047,345.00. Following the completion of the transaction, the director now owns 37,463 shares in the company, valued at approximately $599,033.37. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Brent D. Lang sold 4,000 shares of the stock in a transaction dated Thursday, September 1st. The stock was sold at an average price of $16.02, for a total value of $64,080.00. The disclosure for this sale can be found here. Company insiders own 13.60% of the company’s stock.
Vocera Communications Company Profile
Vocera Communications, Inc is a provider of communication solutions for mobile workers in healthcare, hospitality, energy, education and other industries. The Company’s solutions include the Vocera Communication System, Vocera Care Experience Suite and its Experience Innovation Network. Its two segments include Product and Service.
Want to see what other hedge funds are holding VCRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vocera Communications Inc. (NYSE:VCRA).
Receive News & Ratings for Vocera Communications Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vocera Communications Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.