Zurcher Kantonalbank Zurich Cantonalbank Buys 169 Shares of Cimpress plc (NASDAQ:CMPR)

Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Cimpress plc (NASDAQ:CMPRFree Report) by 5.0% during the third quarter, Holdings Channel.com reports. The fund owned 3,521 shares of the business services provider’s stock after acquiring an additional 169 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Cimpress were worth $287,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its position in shares of Cimpress by 0.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 512,613 shares of the business services provider’s stock valued at $44,909,000 after purchasing an additional 4,441 shares during the period. Diamond Hill Capital Management Inc. raised its holdings in Cimpress by 6.3% during the third quarter. Diamond Hill Capital Management Inc. now owns 450,253 shares of the business services provider’s stock valued at $36,885,000 after acquiring an additional 26,727 shares during the period. Acadian Asset Management LLC lifted its position in shares of Cimpress by 11.0% in the second quarter. Acadian Asset Management LLC now owns 397,170 shares of the business services provider’s stock valued at $34,776,000 after acquiring an additional 39,438 shares in the last quarter. Hantz Financial Services Inc. bought a new position in shares of Cimpress in the second quarter worth about $12,696,000. Finally, Marshall Wace LLP grew its position in shares of Cimpress by 649.8% during the second quarter. Marshall Wace LLP now owns 107,350 shares of the business services provider’s stock worth $9,405,000 after purchasing an additional 93,033 shares in the last quarter. Hedge funds and other institutional investors own 77.64% of the company’s stock.

Cimpress Price Performance

NASDAQ:CMPR opened at $80.01 on Monday. The company has a market cap of $2.01 billion, a price-to-earnings ratio of 13.75, a PEG ratio of 0.69 and a beta of 2.08. Cimpress plc has a 1 year low of $58.05 and a 1 year high of $104.92. The stock’s 50 day simple moving average is $79.06 and its two-hundred day simple moving average is $84.61.

Cimpress (NASDAQ:CMPRGet Free Report) last released its quarterly earnings results on Wednesday, October 30th. The business services provider reported ($0.50) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.80). Cimpress had a net margin of 4.69% and a negative return on equity of 27.15%. The business had revenue of $804.97 million for the quarter, compared to analysts’ expectations of $800.51 million. During the same period in the previous year, the company earned $0.17 EPS. As a group, analysts anticipate that Cimpress plc will post 4.27 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Truist Financial lowered their price target on Cimpress from $120.00 to $110.00 and set a “buy” rating on the stock in a report on Friday, November 1st. StockNews.com lowered shares of Cimpress from a “strong-buy” rating to a “buy” rating in a research report on Friday, November 8th. Finally, Barrington Research lifted their price target on shares of Cimpress from $113.00 to $119.00 and gave the company an “outperform” rating in a report on Tuesday, August 27th.

Read Our Latest Analysis on Cimpress

Cimpress Company Profile

(Free Report)

Cimpress plc provides various mass customization of printing and related products in North America, Europe, and internationally. The company operates through five segments: Vista, PrintBrothers, The Print Group, National Pen, and All Other Businesses. It offers printed and digital marketing products; internet-based canvas-print wall décor, business signage, and other printed products; business cards; and marketing materials, such as flyers and postcards, digital and marketing services, writing instruments, decorated apparel, promotional products and gifts, packaging, design services, textiles, and magazines and catalogs.

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Institutional Ownership by Quarter for Cimpress (NASDAQ:CMPR)

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