WINTON GROUP Ltd increased its stake in shares of Electro Scientific Industries, Inc. (NASDAQ:ESIO) by 4,058.1% in the third quarter, HoldingsChannel.com reports. The firm owned 550,495 shares of the semiconductor company’s stock after buying an additional 537,256 shares during the quarter. WINTON GROUP Ltd’s holdings in Electro Scientific Industries were worth $9,606,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Itau Unibanco Holding S.A. acquired a new position in Electro Scientific Industries in the second quarter valued at about $109,000. Fortis Advisors LLC acquired a new position in Electro Scientific Industries in the second quarter valued at about $123,000. Piedmont Investment Advisors LLC acquired a new position in Electro Scientific Industries in the second quarter valued at about $126,000. Point72 Asset Management L.P. acquired a new position in Electro Scientific Industries in the second quarter valued at about $148,000. Finally, United Services Automobile Association acquired a new position in Electro Scientific Industries in the second quarter valued at about $168,000. 89.29% of the stock is owned by institutional investors and hedge funds.

ESIO stock opened at $29.01 on Friday. The company has a quick ratio of 4.16, a current ratio of 5.67 and a debt-to-equity ratio of 0.04. The stock has a market cap of $1.01 billion, a PE ratio of 10.82, a PEG ratio of 1.23 and a beta of -0.01. Electro Scientific Industries, Inc. has a fifty-two week low of $13.92 and a fifty-two week high of $29.62.

Electro Scientific Industries (NASDAQ:ESIO) last posted its quarterly earnings data on Tuesday, October 30th. The semiconductor company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.02. The company had revenue of $85.92 million during the quarter, compared to analysts’ expectations of $84.35 million. Electro Scientific Industries had a return on equity of 45.60% and a net margin of 37.32%. Electro Scientific Industries’s revenue for the quarter was up 21.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.39 earnings per share. As a group, equities research analysts anticipate that Electro Scientific Industries, Inc. will post 2.01 EPS for the current fiscal year.

A number of research firms have issued reports on ESIO. BidaskClub raised Electro Scientific Industries from a “sell” rating to a “hold” rating in a research note on Thursday. Needham & Company LLC cut Electro Scientific Industries from a “buy” rating to a “hold” rating in a research note on Wednesday, October 31st. DA Davidson cut Electro Scientific Industries from a “buy” rating to a “neutral” rating and set a $30.00 target price for the company. in a research note on Wednesday, October 31st. ValuEngine raised Electro Scientific Industries from a “hold” rating to a “buy” rating in a research report on Wednesday, October 31st. Finally, Stifel Nicolaus cut Electro Scientific Industries from a “buy” rating to a “hold” rating and set a $30.00 price objective for the company. in a research report on Tuesday, October 30th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. Electro Scientific Industries presently has a consensus rating of “Hold” and an average price target of $28.60.

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Electro Scientific Industries Company Profile

Electro Scientific Industries, Inc, together with its subsidiaries, supplies laser-based microfabrication solutions for the microtechnology industry worldwide. The company provides printed circuit board laser drilling products, including laser via drilling systems for electrical interconnect applications that require dimensions to create electrical connections between layers in flexible circuits, high-density circuit boards, and interconnect packages; micro via drilling technology that addresses the changing applications in interconnect packages, multichip modules, and high density interconnect circuit boards; and ultraviolet laser processing systems that employ technology in lasers, optics, and motion control.

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Institutional Ownership by Quarter for Electro Scientific Industries (NASDAQ:ESIO)

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