Mirador Capital Partners LP Purchases Shares of 21,088 Versant Corporation $VSNT

Mirador Capital Partners LP purchased a new position in shares of Versant Corporation (NASDAQ:VSNT) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 21,088 shares of the company’s stock, valued at approximately $759,000.

Several other institutional investors have also recently made changes to their positions in the stock. Citizens National Bank Trust Department bought a new stake in shares of Versant during the 1st quarter worth approximately $26,000. Root Financial Partners LLC bought a new position in shares of Versant in the first quarter valued at $28,000. Parallel Advisors LLC acquired a new position in Versant during the first quarter worth $32,000. Advocate Investing Services LLC acquired a new position in Versant during the first quarter worth $33,000. Finally, Livforsakringsbolaget Skandia Omsesidigt bought a new stake in Versant during the first quarter worth $35,000.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on VSNT. Zacks Research raised shares of Versant from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 17th. Weiss Ratings raised shares of Versant from a “sell (d+)” rating to a “hold (c)” rating in a report on Thursday, May 21st. Arete Research upgraded shares of Versant from a “sell” rating to a “neutral” rating and set a $40.00 target price for the company in a research note on Friday, July 17th. Seaport Research Partners reiterated a “buy” rating and set a $46.00 price target on shares of Versant in a report on Monday, May 18th. Finally, JPMorgan Chase & Co. initiated coverage on Versant in a research report on Tuesday, May 12th. They set a “neutral” rating and a $43.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $41.80.

Versant Price Performance

Versant stock opened at $35.79 on Thursday. The stock’s fifty day moving average price is $37.74 and its two-hundred day moving average price is $36.78. Versant Corporation has a one year low of $27.17 and a one year high of $59.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.32 and a quick ratio of 2.32. The firm has a market cap of $5.05 billion and a PE ratio of 17.98.

Versant (NASDAQ:VSNT) last posted its quarterly earnings results on Thursday, May 14th. The company reported $1.99 EPS for the quarter, beating analysts’ consensus estimates of $1.69 by $0.30. The company had revenue of $1.69 billion during the quarter. As a group, research analysts expect that Versant Corporation will post 4.38 EPS for the current fiscal year.

Versant Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, July 22nd. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.375 per share. The ex-dividend date of this dividend was Wednesday, July 1st. Versant’s dividend payout ratio is 75.38%.

About Versant

Versant Corporation is a provider of data management software. The Company designs, develops, markets and supports database management system products that companies use to solve data management and data integration issues. It also provides related product support, training and consulting services to assist users of the Company’s products in developing and deploying software applications based on its products. The Company’s Versant Object Database product is used primarily by enterprises, which have data management requirements, such as technology providers, telecommunications carriers, Government defense agencies, defense contractors, healthcare companies and companies in the financial services and transportation industries.