Virginia Retirement Systems ET AL purchased a new stake in shares of Cimpress NV (NASDAQ:CMPR) during the 3rd quarter, Holdings Channel reports. The fund purchased 7,400 shares of the business services provider’s stock, valued at approximately $1,011,000.

Other large investors have also recently modified their holdings of the company. First Republic Investment Management Inc. lifted its holdings in Cimpress by 20.6% during the second quarter. First Republic Investment Management Inc. now owns 3,409 shares of the business services provider’s stock valued at $494,000 after purchasing an additional 582 shares in the last quarter. SG Americas Securities LLC lifted its holdings in Cimpress by 113.4% during the second quarter. SG Americas Securities LLC now owns 5,962 shares of the business services provider’s stock valued at $864,000 after purchasing an additional 3,168 shares in the last quarter. Schwab Charles Investment Management Inc. lifted its holdings in Cimpress by 12.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 83,107 shares of the business services provider’s stock valued at $12,048,000 after purchasing an additional 8,899 shares in the last quarter. UBS Group AG lifted its holdings in Cimpress by 102.9% during the first quarter. UBS Group AG now owns 2,719 shares of the business services provider’s stock valued at $421,000 after purchasing an additional 95,255 shares in the last quarter. Finally, Ironvine Capital Partners LLC lifted its holdings in Cimpress by 90.9% during the third quarter. Ironvine Capital Partners LLC now owns 114,366 shares of the business services provider’s stock valued at $15,624,000 after purchasing an additional 54,467 shares in the last quarter. 87.69% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages have weighed in on CMPR. SunTrust Banks reaffirmed a “hold” rating and set a $155.00 price target on shares of Cimpress in a report on Thursday, August 2nd. ValuEngine downgraded shares of Cimpress from a “buy” rating to a “hold” rating in a report on Tuesday, September 4th. Zacks Investment Research downgraded shares of Cimpress from a “hold” rating to a “strong sell” rating in a report on Monday, August 6th. Barrington Research set a $135.00 price target on shares of Cimpress and gave the company a “buy” rating in a report on Monday, November 5th. Finally, BidaskClub downgraded shares of Cimpress from a “buy” rating to a “hold” rating in a report on Tuesday, July 31st. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $135.25.

Shares of NASDAQ:CMPR opened at $123.32 on Friday. The company has a current ratio of 0.55, a quick ratio of 0.39 and a debt-to-equity ratio of 11.31. Cimpress NV has a 1-year low of $109.00 and a 1-year high of $171.76. The company has a market cap of $3.63 billion, a price-to-earnings ratio of 145.08, a PEG ratio of 1.70 and a beta of 0.04.

Cimpress (NASDAQ:CMPR) last released its quarterly earnings data on Wednesday, October 31st. The business services provider reported ($0.47) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.22) by ($0.25). The company had revenue of $588.98 million for the quarter, compared to the consensus estimate of $615.35 million. Cimpress had a net margin of 0.22% and a return on equity of 19.98%. The company’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.72 EPS. On average, equities research analysts predict that Cimpress NV will post 3 EPS for the current fiscal year.

In other news, insider Sean Edward Quinn sold 777 shares of Cimpress stock in a transaction that occurred on Friday, August 31st. The shares were sold at an average price of $139.40, for a total transaction of $108,313.80. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director John J. Gavin, Jr. sold 9,548 shares of Cimpress stock in a transaction that occurred on Friday, November 2nd. The shares were sold at an average price of $113.61, for a total transaction of $1,084,748.28. Following the sale, the director now owns 9,548 shares in the company, valued at approximately $1,084,748.28. The disclosure for this sale can be found here. Company insiders own 18.40% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This article was originally published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are reading this article on another website, it was stolen and republished in violation of international copyright laws. The correct version of this article can be accessed at https://theolympiareport.com/2018/11/17/virginia-retirement-systems-et-al-acquires-shares-of-7400-cimpress-nv-cmpr.html.

Cimpress Profile

Cimpress N.V. provides various mass customization services in the United States, Germany, and internationally. The company delivers various volumes of individually small-sized customized orders for a range of print, signage, photo merchandise, invitation and announcement, packaging, apparel, and other categories primarily through the Internet.

Further Reading: Asset Allocation Models, Which is Right For You?

Want to see what other hedge funds are holding CMPR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cimpress NV (NASDAQ:CMPR).

Institutional Ownership by Quarter for Cimpress (NASDAQ:CMPR)

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