Neuberger Berman Group LLC lowered its stake in shares of Monotype Imaging Holdings Inc. (NASDAQ:TYPE) by 4.0% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 3,793,726 shares of the software maker’s stock after selling 156,204 shares during the period. Neuberger Berman Group LLC owned about 9.57% of Monotype Imaging Holdings worth $69,425,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. BlackRock Inc. boosted its position in shares of Monotype Imaging Holdings by 145,117.0% in the first quarter. BlackRock Inc. now owns 4,917,049 shares of the software maker’s stock valued at $98,833,000 after buying an additional 4,913,663 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its position in shares of Monotype Imaging Holdings by 14.4% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,082,764 shares of the software maker’s stock valued at $82,064,000 after buying an additional 514,219 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Monotype Imaging Holdings by 8.7% in the first quarter. Vanguard Group Inc. now owns 3,683,368 shares of the software maker’s stock valued at $74,036,000 after buying an additional 295,467 shares during the last quarter. RGM Capital LLC boosted its position in shares of Monotype Imaging Holdings by 19.7% in the first quarter. RGM Capital LLC now owns 2,809,116 shares of the software maker’s stock valued at $56,463,000 after buying an additional 462,836 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Monotype Imaging Holdings by 3.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,398,845 shares of the software maker’s stock valued at $28,116,000 after buying an additional 50,793 shares during the last quarter. 90.33% of the stock is currently owned by institutional investors.

Monotype Imaging Holdings Inc. (NASDAQ TYPE) opened at 18.25 on Friday. The company’s 50 day moving average price is $18.60 and its 200 day moving average price is $19.43. Monotype Imaging Holdings Inc. has a 12 month low of $15.75 and a 12 month high of $24.45. The stock has a market cap of $723.74 million, a PE ratio of 629.31 and a beta of 0.92.

Monotype Imaging Holdings (NASDAQ:TYPE) last posted its quarterly earnings results on Friday, July 28th. The software maker reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.06. The company had revenue of $58.70 million for the quarter, compared to the consensus estimate of $54.36 million. Monotype Imaging Holdings had a return on equity of 3.51% and a net margin of 0.61%. The firm’s quarterly revenue was up 20.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.27 EPS. Equities analysts forecast that Monotype Imaging Holdings Inc. will post $0.57 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 20th. Investors of record on Monday, October 2nd will be paid a $0.113 dividend. The ex-dividend date is Friday, September 29th. This represents a $0.45 annualized dividend and a dividend yield of 2.48%. Monotype Imaging Holdings’s payout ratio is currently 1,500.50%.

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TYPE has been the topic of several analyst reports. B. Riley reaffirmed a “neutral” rating and set a $20.00 target price on shares of Monotype Imaging Holdings in a research report on Saturday, August 5th. Zacks Investment Research cut Monotype Imaging Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, July 25th. Finally, BidaskClub raised Monotype Imaging Holdings from a “sell” rating to a “hold” rating in a research report on Monday, July 24th.

In other Monotype Imaging Holdings news, Director Roger J. Heinen, Jr. sold 1,500 shares of the stock in a transaction on Monday, July 31st. The stock was sold at an average price of $18.60, for a total transaction of $27,900.00. Following the sale, the director now directly owns 29,140 shares in the company, valued at approximately $542,004. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders sold a total of 6,000 shares of company stock worth $110,700 in the last 90 days. 2.30% of the stock is currently owned by company insiders.

About Monotype Imaging Holdings

Monotype Imaging Holdings Inc is engaged in the development, marketing and licensing of technologies and fonts. The Company empowers expression and engagement for creatives, designers, engineers and marketers. It organizes its business operations into two areas: creative professionals and original equipment manufacturer (OEM).

Institutional Ownership by Quarter for Monotype Imaging Holdings (NASDAQ:TYPE)

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