BidaskClub upgraded shares of Xperi (NASDAQ:XPER) from a strong sell rating to a sell rating in a research note released on Thursday morning.

XPER has been the subject of a number of other reports. Craig Hallum raised their price objective on Xperi from $20.00 to $28.00 and gave the company a buy rating in a research report on Tuesday, December 11th. ValuEngine raised Xperi from a sell rating to a hold rating in a research report on Wednesday, December 26th. B. Riley set a $23.00 price objective on Xperi and gave the company a buy rating in a research report on Monday, December 10th. Finally, Zacks Investment Research raised Xperi from a hold rating to a buy rating and set a $15.00 price objective for the company in a research report on Saturday, November 17th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the stock. Xperi presently has a consensus rating of Buy and a consensus price target of $26.50.

XPER stock opened at $21.50 on Thursday. The company has a quick ratio of 7.36, a current ratio of 7.36 and a debt-to-equity ratio of 0.89. The company has a market capitalization of $1.04 billion, a price-to-earnings ratio of 15.69 and a beta of 0.25. Xperi has a twelve month low of $12.08 and a twelve month high of $24.25.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Advisors Asset Management Inc. lifted its holdings in Xperi by 133.5% during the 2nd quarter. Advisors Asset Management Inc. now owns 382,419 shares of the semiconductor company’s stock worth $6,157,000 after purchasing an additional 218,646 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in Xperi by 2.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 877,385 shares of the semiconductor company’s stock worth $14,125,000 after purchasing an additional 22,160 shares during the last quarter. DAVENPORT & Co LLC lifted its holdings in Xperi by 16.5% during the 3rd quarter. DAVENPORT & Co LLC now owns 108,698 shares of the semiconductor company’s stock worth $1,614,000 after purchasing an additional 15,375 shares during the last quarter. Deprince Race & Zollo Inc. lifted its holdings in Xperi by 12.7% during the 3rd quarter. Deprince Race & Zollo Inc. now owns 4,619,725 shares of the semiconductor company’s stock worth $68,603,000 after purchasing an additional 520,428 shares during the last quarter. Finally, Xact Kapitalforvaltning AB acquired a new stake in Xperi during the 3rd quarter worth approximately $178,000. 97.37% of the stock is owned by institutional investors.

Xperi Company Profile

Xperi Corporation, through its subsidiaries, creates, develops, and licenses audio, imaging, semiconductor packaging, and interconnect technologies in the United States, South Korea, Taiwan, Japan, and internationally. The company operates in two segments, Product Licensing; and Semiconductor and IP Licensing.

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Analyst Recommendations for Xperi (NASDAQ:XPER)

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