Legal & General Group Plc grew its stake in shares of Benchmark Electronics, Inc. (NYSE:BHE) by 4.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 137,415 shares of the technology company’s stock after acquiring an additional 5,388 shares during the period. Legal & General Group Plc owned about 0.28% of Benchmark Electronics worth $4,695,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of BHE. Municipal Employees Retirement System of Michigan lifted its position in shares of Benchmark Electronics by 4.9% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 11,720 shares of the technology company’s stock valued at $379,000 after acquiring an additional 550 shares during the period. Great West Life Assurance Co. Can lifted its position in shares of Benchmark Electronics by 3.3% during the 2nd quarter. Great West Life Assurance Co. Can now owns 73,163 shares of the technology company’s stock valued at $2,359,000 after acquiring an additional 2,350 shares during the period. CIBC Asset Management Inc acquired a new stake in shares of Benchmark Electronics during the 2nd quarter valued at approximately $203,000. Sei Investments Co. lifted its position in shares of Benchmark Electronics by 0.4% during the 2nd quarter. Sei Investments Co. now owns 22,662 shares of the technology company’s stock valued at $732,000 after acquiring an additional 100 shares during the period. Finally, Arizona State Retirement System lifted its position in shares of Benchmark Electronics by 0.4% during the 2nd quarter. Arizona State Retirement System now owns 25,948 shares of the technology company’s stock valued at $838,000 after acquiring an additional 100 shares during the period. Institutional investors own 94.83% of the company’s stock.

Benchmark Electronics, Inc. (BHE) opened at $29.50 on Wednesday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.66 and a current ratio of 3.60. Benchmark Electronics, Inc. has a 12-month low of $29.15 and a 12-month high of $35.80. The stock has a market capitalization of $1,504.12, a P/E ratio of 19.39 and a beta of 0.49.

Benchmark Electronics (NYSE:BHE) last issued its quarterly earnings data on Wednesday, October 18th. The technology company reported $0.39 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.05. Benchmark Electronics had a return on equity of 5.62% and a net margin of 2.63%. The firm had revenue of $604.00 million during the quarter, compared to the consensus estimate of $584.50 million. During the same period in the previous year, the firm posted $0.36 EPS. The company’s quarterly revenue was up 5.2% compared to the same quarter last year.

A number of equities research analysts have recently issued reports on the stock. TheStreet downgraded shares of Benchmark Electronics from a “b” rating to a “c+” rating in a research report on Monday, November 13th. Needham & Company LLC downgraded Benchmark Electronics from a “buy” rating to a “hold” rating in a research report on Thursday, October 19th. One research analyst has rated the stock with a sell rating and three have issued a hold rating to the stock. The company currently has an average rating of “Hold” and an average price target of $36.67.

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Benchmark Electronics Profile

Benchmark Electronics, Inc is a provider of electronic manufacturing services. The Company operates through three segments: the Americas, Asia and Europe. It provides services to original equipment manufacturers of industrial control equipment, including equipment for the aerospace and defense industry; telecommunication equipment; computers and related products for business enterprises; medical devices, and testing and instrumentation products.

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Institutional Ownership by Quarter for Benchmark Electronics (NYSE:BHE)

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