Wesbanco Bank Inc. boosted its holdings in Vocera Communications Inc (NYSE:VCRA) by 19.3% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 54,939 shares of the communications equipment provider’s stock after buying an additional 8,876 shares during the period. Wesbanco Bank Inc.’s holdings in Vocera Communications were worth $1,738,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Bank of New York Mellon Corp increased its holdings in Vocera Communications by 17.8% during the third quarter. Bank of New York Mellon Corp now owns 196,821 shares of the communications equipment provider’s stock valued at $7,200,000 after buying an additional 29,688 shares during the period. Dimensional Fund Advisors LP purchased a new position in Vocera Communications in the third quarter worth $1,065,000. Morgan Stanley grew its holdings in Vocera Communications by 77.3% in the third quarter. Morgan Stanley now owns 304,300 shares of the communications equipment provider’s stock worth $11,132,000 after purchasing an additional 132,686 shares during the last quarter. Vanguard Group Inc. grew its holdings in Vocera Communications by 1.6% in the third quarter. Vanguard Group Inc. now owns 1,382,125 shares of the communications equipment provider’s stock worth $50,558,000 after purchasing an additional 21,962 shares during the last quarter. Finally, Conestoga Capital Advisors LLC grew its holdings in Vocera Communications by 3.3% in the fourth quarter. Conestoga Capital Advisors LLC now owns 1,842,229 shares of the communications equipment provider’s stock worth $72,492,000 after purchasing an additional 58,694 shares during the last quarter.
Several equities analysts have issued reports on VCRA shares. Zacks Investment Research lowered shares of Vocera Communications from a “buy” rating to a “hold” rating in a report on Saturday, February 9th. ValuEngine downgraded shares of Vocera Communications from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 8th. Cantor Fitzgerald reiterated an “overweight” rating and set a $40.00 price objective (up from $37.00) on shares of Vocera Communications in a research note on Thursday, May 16th. Dougherty & Co upgraded shares of Vocera Communications from a “neutral” rating to a “buy” rating and set a $39.00 price objective for the company in a research note on Thursday, February 28th. Finally, Chardan Capital downgraded shares of Vocera Communications from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $46.00 to $33.00 in a research note on Monday, February 11th. Three research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $39.30.
Shares of NYSE:VCRA traded up $0.79 on Monday, hitting $32.00. 183,730 shares of the company were exchanged, compared to its average volume of 298,171. Vocera Communications Inc has a 1-year low of $25.85 and a 1-year high of $42.60. The company has a current ratio of 4.57, a quick ratio of 4.46 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $996.31 million, a P/E ratio of -188.24 and a beta of 0.24.
Vocera Communications (NYSE:VCRA) last posted its quarterly earnings data on Thursday, April 25th. The communications equipment provider reported ($0.17) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.39) by $0.22. Vocera Communications had a negative net margin of 9.52% and a negative return on equity of 7.87%. The business had revenue of $35.30 million during the quarter, compared to the consensus estimate of $34.03 million. During the same period in the previous year, the firm posted $0.04 earnings per share. The business’s revenue for the quarter was down 12.2% compared to the same quarter last year. Equities analysts forecast that Vocera Communications Inc will post -0.33 EPS for the current year.
Vocera Communications Profile
Vocera Communications, Inc provides secure, integrated, and intelligent communication and workflow solutions that empowers mobile workers in healthcare, hospitality, energy, and other mission-critical mobile work environments in the United States and internationally. The company's communication solution integrated with other clinical systems, including electronic health records, nurse call systems, and patient monitoring, as well as to provide critical data, alerts, alarms, and clinical context that enable workflow.
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