SG Americas Securities LLC Purchases 4,261 Shares of Cimpress plc (NASDAQ:CMPR)

SG Americas Securities LLC boosted its position in shares of Cimpress plc (NASDAQ:CMPR) by 118.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 7,847 shares of the business services provider’s stock after acquiring an additional 4,261 shares during the quarter. SG Americas Securities LLC’s holdings in Cimpress were worth $563,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in CMPR. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Cimpress by 5.0% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,521 shares of the business services provider’s stock valued at $287,000 after buying an additional 169 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Cimpress by 1.0% during the third quarter. JPMorgan Chase & Co. now owns 21,937 shares of the business services provider’s stock worth $1,797,000 after purchasing an additional 215 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of Cimpress by 3.3% during the second quarter. The Manufacturers Life Insurance Company now owns 10,383 shares of the business services provider’s stock valued at $910,000 after purchasing an additional 334 shares during the period. Public Employees Retirement System of Ohio bought a new position in shares of Cimpress in the third quarter worth about $29,000. Finally, Optimist Retirement Group LLC increased its stake in Cimpress by 15.1% in the 3rd quarter. Optimist Retirement Group LLC now owns 2,685 shares of the business services provider’s stock worth $220,000 after buying an additional 352 shares during the period. 77.64% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CMPR has been the subject of several research reports. Truist Financial lowered their price objective on shares of Cimpress from $110.00 to $87.00 and set a “buy” rating for the company in a research report on Friday. StockNews.com cut Cimpress from a “strong-buy” rating to a “buy” rating in a research note on Friday. Finally, Barrington Research restated an “outperform” rating and set a $119.00 price objective on shares of Cimpress in a report on Wednesday.

Cimpress Price Performance

Shares of Cimpress stock opened at $66.48 on Friday. Cimpress plc has a 1 year low of $58.05 and a 1 year high of $104.92. The stock has a market cap of $1.67 billion, a price-to-earnings ratio of 11.01, a PEG ratio of 0.68 and a beta of 2.09. The firm’s 50-day moving average is $75.23 and its two-hundred day moving average is $81.26.

Cimpress (NASDAQ:CMPR) last issued its quarterly earnings data on Wednesday, January 29th. The business services provider reported $2.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.52 by ($0.16). Cimpress had a net margin of 4.75% and a negative return on equity of 27.27%. On average, equities analysts expect that Cimpress plc will post 4.06 earnings per share for the current year.

Cimpress Company Profile

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.