Natixis Advisors L.P. decreased its position in Multi-Color Co. (NASDAQ:LABL) by 63.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 29,874 shares of the business services provider’s stock after selling 50,806 shares during the period. Natixis Advisors L.P.’s holdings in Multi-Color were worth $1,047,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the business. Advisor Group Inc. increased its stake in Multi-Color by 10.7% in the 4th quarter. Advisor Group Inc. now owns 2,058 shares of the business services provider’s stock valued at $72,000 after buying an additional 199 shares during the last quarter. Victory Capital Management Inc. increased its stake in Multi-Color by 4.1% in the 4th quarter. Victory Capital Management Inc. now owns 7,537 shares of the business services provider’s stock valued at $264,000 after buying an additional 294 shares during the last quarter. Texas Permanent School Fund increased its stake in Multi-Color by 4.1% in the 4th quarter. Texas Permanent School Fund now owns 9,130 shares of the business services provider’s stock valued at $320,000 after buying an additional 360 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in Multi-Color by 12.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 8,634 shares of the business services provider’s stock valued at $302,000 after buying an additional 982 shares during the last quarter. Finally, Teachers Advisors LLC increased its stake in Multi-Color by 4.1% in the 3rd quarter. Teachers Advisors LLC now owns 26,722 shares of the business services provider’s stock valued at $1,663,000 after buying an additional 1,057 shares during the last quarter. Hedge funds and other institutional investors own 69.28% of the company’s stock.

LABL has been the subject of several analyst reports. BidaskClub upgraded shares of Multi-Color from a “strong sell” rating to a “sell” rating in a research note on Tuesday, January 1st. Robert W. Baird raised shares of Multi-Color from a “neutral” rating to an “outperform” rating in a research report on Monday, January 7th. Zacks Investment Research raised shares of Multi-Color from a “sell” rating to a “hold” rating in a research report on Wednesday, January 9th. KeyCorp reissued a “sell” rating on shares of Multi-Color in a research report on Wednesday, January 23rd. Finally, Sidoti downgraded shares of Multi-Color from a “buy” rating to a “neutral” rating in a research report on Tuesday, February 12th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a strong buy rating to the stock. Multi-Color has a consensus rating of “Hold” and an average price target of $57.75.

Multi-Color stock opened at $49.94 on Tuesday. Multi-Color Co. has a twelve month low of $29.95 and a twelve month high of $71.94. The company has a market cap of $1.02 billion, a PE ratio of 13.28 and a beta of 1.37. The company has a quick ratio of 1.43, a current ratio of 1.93 and a debt-to-equity ratio of 2.10.

Multi-Color (NASDAQ:LABL) last released its earnings results on Monday, February 11th. The business services provider reported $0.50 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.78 by ($0.28). Multi-Color had a net margin of 4.33% and a return on equity of 10.84%. The company had revenue of $397.00 million for the quarter, compared to the consensus estimate of $409.65 million. On average, equities analysts expect that Multi-Color Co. will post 3.68 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 15th were given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.40%. The ex-dividend date of this dividend was Thursday, February 14th. Multi-Color’s dividend payout ratio is currently 5.32%.

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Multi-Color Profile

Multi-Color Corporation provides various label solutions in the United States, Australia, Germany, and internationally. The company offers pressure sensitive labels; in-mold labels; heat transfer labels; cut and stack labels, such as peel-away promotional labels, thermochromics, holographics, and metalized films, as well as scratch-off coupons and static-clings; and roll fed labels.

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Institutional Ownership by Quarter for Multi-Color (NASDAQ:LABL)

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