Two Sigma Advisers LP boosted its position in shares of PCM Inc (NASDAQ:PCMI) by 6.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 45,500 shares of the specialty retailer’s stock after buying an additional 2,700 shares during the period. Two Sigma Advisers LP owned approximately 0.37% of PCM worth $801,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Royce & Associates LP boosted its stake in PCM by 16.1% during the fourth quarter. Royce & Associates LP now owns 547,908 shares of the specialty retailer’s stock valued at $9,649,000 after buying an additional 76,155 shares during the last quarter. Vanguard Group Inc raised its position in PCM by 2.1% during the third quarter. Vanguard Group Inc now owns 417,338 shares of the specialty retailer’s stock valued at $8,159,000 after purchasing an additional 8,590 shares during the period. Vanguard Group Inc. raised its position in PCM by 2.1% during the third quarter. Vanguard Group Inc. now owns 417,338 shares of the specialty retailer’s stock valued at $8,159,000 after purchasing an additional 8,590 shares during the period. BlackRock Inc. raised its position in PCM by 69.3% during the third quarter. BlackRock Inc. now owns 272,032 shares of the specialty retailer’s stock valued at $5,318,000 after purchasing an additional 111,375 shares during the period. Finally, Morgan Stanley raised its position in PCM by 216.6% during the third quarter. Morgan Stanley now owns 227,305 shares of the specialty retailer’s stock valued at $4,444,000 after purchasing an additional 155,518 shares during the period. 56.28% of the stock is owned by institutional investors.

Shares of NASDAQ PCMI opened at $31.33 on Wednesday. The company has a current ratio of 1.04, a quick ratio of 0.92 and a debt-to-equity ratio of 0.19. PCM Inc has a fifty-two week low of $9.35 and a fifty-two week high of $39.69. The company has a market capitalization of $410.85 million, a PE ratio of 15.60, a price-to-earnings-growth ratio of 0.70 and a beta of 1.25.

PCM (NASDAQ:PCMI) last issued its quarterly earnings results on Wednesday, February 6th. The specialty retailer reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.09. PCM had a return on equity of 18.78% and a net margin of 1.05%. The firm had revenue of $564.12 million for the quarter, compared to the consensus estimate of $511.56 million. On average, equities research analysts anticipate that PCM Inc will post 2.4 earnings per share for the current year.

A number of equities research analysts have issued reports on PCMI shares. ValuEngine downgraded PCM from a “hold” rating to a “sell” rating in a research report on Friday, December 21st. B. Riley restated a “buy” rating on shares of PCM in a research report on Tuesday, March 26th. Roth Capital upped their price objective on PCM from $24.20 to $29.60 and gave the company a “buy” rating in a research report on Thursday, February 7th. Zacks Investment Research downgraded PCM from a “buy” rating to a “hold” rating in a research report on Friday, January 25th. Finally, TheStreet upgraded PCM from a “c” rating to a “b-” rating in a research report on Wednesday, February 6th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $30.20.

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PCM Company Profile

PCM, Inc, through its subsidiaries, operates as a multi-vendor provider of technology products and solutions in the United States and the rest of Europe. The company operates through four segments: Commercial, Public Sector, Canada, and United Kingdom. It primarily sells device products, servers, storage products, network products, printers, and related accessories and devices.

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Institutional Ownership by Quarter for PCM (NASDAQ:PCMI)

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