Nomura Holdings Inc. Boosts Position in Mercury Systems Inc (MRCY)

Share on StockTwits

Nomura Holdings Inc. increased its stake in shares of Mercury Systems Inc (NASDAQ:MRCY) by 786.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 42,513 shares of the technology company’s stock after purchasing an additional 37,718 shares during the quarter. Nomura Holdings Inc. owned approximately 0.09% of Mercury Systems worth $2,006,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Strs Ohio lifted its stake in Mercury Systems by 53.3% in the fourth quarter. Strs Ohio now owns 2,300 shares of the technology company’s stock valued at $108,000 after acquiring an additional 800 shares during the last quarter. Bank of Montreal Can lifted its stake in Mercury Systems by 27.8% in the fourth quarter. Bank of Montreal Can now owns 3,181 shares of the technology company’s stock valued at $150,000 after acquiring an additional 691 shares during the last quarter. Stephens Inc. AR lifted its stake in Mercury Systems by 26.6% in the fourth quarter. Stephens Inc. AR now owns 3,388 shares of the technology company’s stock valued at $160,000 after acquiring an additional 711 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Mercury Systems by 11.4% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,545 shares of the technology company’s stock valued at $168,000 after acquiring an additional 363 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its stake in Mercury Systems by 41.7% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 4,448 shares of the technology company’s stock valued at $192,000 after acquiring an additional 1,310 shares during the last quarter. Institutional investors and hedge funds own 99.32% of the company’s stock.

In related news, COO Didier M. C. Thibaud sold 39,736 shares of the business’s stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $60.22, for a total transaction of $2,392,901.92. Following the transaction, the chief operating officer now owns 298,940 shares of the company’s stock, valued at $18,002,166.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Mark Aslett sold 10,000 shares of the business’s stock in a transaction on Friday, February 1st. The stock was sold at an average price of $58.55, for a total transaction of $585,500.00. The disclosure for this sale can be found here. In the last three months, insiders sold 59,736 shares of company stock worth $3,462,402. Insiders own 2.80% of the company’s stock.

A number of analysts have issued reports on MRCY shares. BidaskClub cut shares of Mercury Systems from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 22nd. Zacks Investment Research cut shares of Mercury Systems from a “buy” rating to a “hold” rating in a research note on Wednesday, January 2nd. ValuEngine cut shares of Mercury Systems from a “buy” rating to a “hold” rating in a research note on Wednesday, January 2nd. SunTrust Banks lifted their price target on shares of Mercury Systems to $63.00 and gave the company a “buy” rating in a research report on Wednesday, January 30th. Finally, Drexel Hamilton reissued a “buy” rating and issued a $67.00 price target on shares of Mercury Systems in a research report on Wednesday, January 30th. One analyst has rated the stock with a sell rating, one has given a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. Mercury Systems presently has an average rating of “Buy” and a consensus price target of $56.67.

NASDAQ:MRCY opened at $59.81 on Friday. Mercury Systems Inc has a 12 month low of $30.11 and a 12 month high of $67.85. The company has a market capitalization of $2.91 billion, a PE ratio of 52.93, a PEG ratio of 3.50 and a beta of 1.07. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.93 and a current ratio of 4.29.

Mercury Systems (NASDAQ:MRCY) last released its quarterly earnings results on Tuesday, January 29th. The technology company reported $0.47 EPS for the quarter, beating the Zacks’ consensus estimate of $0.42 by $0.05. Mercury Systems had a net margin of 5.88% and a return on equity of 8.31%. The company had revenue of $159.09 million for the quarter, compared to analyst estimates of $154.45 million. Analysts predict that Mercury Systems Inc will post 1.48 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: “Nomura Holdings Inc. Boosts Position in Mercury Systems Inc (MRCY)” was first published by Ticker Report and is owned by of Ticker Report. If you are reading this piece on another site, it was stolen and reposted in violation of international copyright legislation. The legal version of this piece can be viewed at https://www.tickerreport.com/banking-finance/4224121/nomura-holdings-inc-boosts-position-in-mercury-systems-inc-mrcy.html.

Mercury Systems Profile

Mercury Systems, Inc provides sensor and safety critical mission processing subsystems for various critical defense and intelligence programs in the United States. Its products and solutions are deployed in approximately 300 programs with 25 defense contractors. The company's principal programs include Aegis, Patriot, Surface Electronic Warfare Improvement Program, Gorgon Stare, Predator, F-35, Reaper, F-16 SABR, E2D Hawkeye, Paveway, Filthy Buzzard, PGK, ProVision, P1, and AIDEWS.

Read More: What is the NASDAQ Stock Market?

Institutional Ownership by Quarter for Mercury Systems (NASDAQ:MRCY)

Receive News & Ratings for Mercury Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mercury Systems and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

1,323,130 Shares in Ocwen Financial Corp  Purchased by Nomura Holdings Inc.
1,323,130 Shares in Ocwen Financial Corp Purchased by Nomura Holdings Inc.
Nomura Holdings Inc. Boosts Position in Mercury Systems Inc
Nomura Holdings Inc. Boosts Position in Mercury Systems Inc
Caterpillar Inc.  Position Raised by Weatherly Asset Management L. P.
Caterpillar Inc. Position Raised by Weatherly Asset Management L. P.
Standard Life Aberdeen plc Has $2.86 Million Stake in Markel Co.
Standard Life Aberdeen plc Has $2.86 Million Stake in Markel Co.
SVB Financial Group  Shares Sold by Standard Life Aberdeen plc
SVB Financial Group Shares Sold by Standard Life Aberdeen plc
Analysts Anticipate Callaway Golf Co  Will Post Earnings of $0.49 Per Share
Analysts Anticipate Callaway Golf Co Will Post Earnings of $0.49 Per Share


Leave a Reply

© 2006-2019 Ticker Report