Macquarie Group Ltd. purchased a new stake in shares of Perceptron, Inc. (NASDAQ:PRCP) in the third quarter, according to the company in its most recent filing with the SEC. The fund purchased 14,695 shares of the scientific and technical instruments company’s stock, valued at approximately $116,000. Macquarie Group Ltd. owned about 0.15% of Perceptron as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. bought a new position in shares of Perceptron during the 1st quarter worth approximately $106,000. Kennedy Capital Management Inc. lifted its position in shares of Perceptron by 2.9% during the 2nd quarter. Kennedy Capital Management Inc. now owns 27,874 shares of the scientific and technical instruments company’s stock worth $203,000 after buying an additional 788 shares in the last quarter. Northern Trust Corp lifted its position in shares of Perceptron by 3.3% during the 2nd quarter. Northern Trust Corp now owns 31,207 shares of the scientific and technical instruments company’s stock worth $227,000 after buying an additional 983 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of Perceptron by 153.2% during the 2nd quarter. Wells Fargo & Company MN now owns 156,686 shares of the scientific and technical instruments company’s stock worth $1,141,000 after buying an additional 94,800 shares in the last quarter. Finally, New York State Common Retirement Fund lifted its position in shares of Perceptron by 15.1% during the 2nd quarter. New York State Common Retirement Fund now owns 321,669 shares of the scientific and technical instruments company’s stock worth $2,342,000 after buying an additional 42,281 shares in the last quarter. Institutional investors and hedge funds own 63.87% of the company’s stock.

Shares of Perceptron, Inc. (NASDAQ:PRCP) opened at $9.71 on Friday. The company has a market cap of $92.09, a P/E ratio of 24.28, a P/E/G ratio of 0.78 and a beta of 0.52. Perceptron, Inc. has a 1-year low of $5.96 and a 1-year high of $10.71.

Perceptron (NASDAQ:PRCP) last posted its quarterly earnings results on Monday, November 6th. The scientific and technical instruments company reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.23. The company had revenue of $19.27 million for the quarter, compared to analysts’ expectations of $17.50 million. Perceptron had a net margin of 4.70% and a return on equity of 9.57%. equities analysts predict that Perceptron, Inc. will post 0.41 earnings per share for the current year.

Separately, Zacks Investment Research raised shares of Perceptron from a “hold” rating to a “buy” rating and set a $9.00 target price on the stock in a research report on Thursday, October 5th.

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About Perceptron

Perceptron, Inc develops, produces and sells a range of automated industrial metrology products and solutions to manufacturing organizations for dimensional gauging, dimensional inspection and three-dimensional (3D) scanning. The Company’s products include 3D machine vision solutions, robot guidance, coordinate measuring machines (CMMs), laser scanning and advanced analysis software.

Institutional Ownership by Quarter for Perceptron (NASDAQ:PRCP)

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