352 Shares in Cimpress plc (NASDAQ:CMPR) Bought by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio purchased a new stake in shares of Cimpress plc (NASDAQ:CMPR) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 352 shares of the business services provider’s stock, valued at approximately $29,000.

Several other institutional investors have also recently bought and sold shares of the business. Hantz Financial Services Inc. bought a new stake in shares of Cimpress during the second quarter worth about $12,696,000. Janus Henderson Group PLC increased its holdings in Cimpress by 5.2% during the 3rd quarter. Janus Henderson Group PLC now owns 2,847,327 shares of the business services provider’s stock worth $233,253,000 after purchasing an additional 140,899 shares in the last quarter. Marshall Wace LLP raised its stake in shares of Cimpress by 649.8% in 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 during the last quarter. Sequoia Financial Advisors LLC purchased a new stake in shares of Cimpress in the third quarter worth approximately $7,582,000. Finally, Diamond Hill Capital Management Inc. lifted its holdings in shares of Cimpress by 15.7% in the second quarter. Diamond Hill Capital Management Inc. now owns 423,526 shares of the business services provider’s stock valued at $37,105,000 after purchasing an additional 57,427 shares in the last quarter. Institutional investors and hedge funds own 77.64% of the company’s stock.

Cimpress Trading Up 0.7 %

Shares of CMPR opened at $74.21 on Monday. The stock has a 50 day moving average of $78.85 and a 200 day moving average of $84.38. The company has a market capitalization of $1.87 billion, a price-to-earnings ratio of 12.75, a PEG ratio of 0.68 and a beta of 2.08. Cimpress plc has a 12 month low of $58.05 and a 12 month high of $104.92.

Cimpress (NASDAQ:CMPR) last announced its quarterly earnings data 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). The business had revenue of $804.97 million during the quarter, compared to the consensus estimate of $800.51 million. Cimpress had a net margin of 4.69% and a negative return on equity of 27.15%. During the same quarter last year, the company earned $0.17 EPS. As a group, equities research analysts predict that Cimpress plc will post 4.27 earnings per share for the current year.

Wall Street Analyst Weigh In

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

About Cimpress

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.