Economy

EPS for Logitech International SA (USA) (LOGI) Expected At $0.29

16 funds opened positions while 47 raised stakes. Fox Run Management L.L.C. purchased a new position in shares of Logitech International during the 2nd quarter valued at about $246,000. The stock decreased 1.24% or $0.5 on October 20, reaching $39.75. Government Pension Fund of Norway - Global is the second biggest holder with 5 million shares now valued at 68.27 million whilst Invesco KAG mbH has 4 million shares valued at 156.46 million. It is negative, as 11 investors sold Logitech International SA (USA) shares while 34 reduced holdings. The latest exchange of 0.68 Million shares is below its average trading activity of 1.4 Million shares. Financial Bank Of Montreal Can invested in 7,144 shares or 0% of the stock. The insider Stolk Marcel sold 100,000 shares worth $3.42 million. The stock was sold at an average price of $36.25, for a total transaction of $500,395.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Morgan Stanley upgraded the shares of LOGI in report on Wednesday, August 10 to "Equal-Weight" rating. The shares were sold at an average price of $36.15, for a total transaction of $3,988,429.50. The disclosure for this sale can be found here. For the past 5 years, the company's revenue has grown 11.4%, while the company's earnings per share has grown 12.9%.

At the end of 06/30/2017 reporting period, 71 institutional holders increased their position in Logitech International S.A. (NASDAQ:LOGI) by some 5,793,184 shares, 56 decreased positions by 6,020,491 and 14 held positions by 53,272,578. If you happen to be reading this article on another website, it was stolen and illegally republished in violation of USA and global copyright law. Renaissance Technologies Ltd Liability has 0.13% invested in Logitech International SA (USA) (NASDAQ:LOGI). Loop Capital assumed coverage on Logitech International in a research report on Monday, July 24th. They set a "buy" rating and a $48.00 price objective for the company. Citigroup Inc. assumed coverage on shares of Logitech International in a research note on Thursday, July 6th. Logitech Intl SA had 6 analyst reports since August 19, 2015 according to SRatingsIntel. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock.

Currently, the stock carries a price to earnings ratio of 0, a price to book ratio of 3.23, and a price to sales ratio of 0.21. Logitech International SA has a 52-week low of $13.25 and a 52-week high of $25.87. (LOGI) opened at 36.71 on Monday. The volume of 0.9 Million shares climbed down over an trading activity of 431.46 Million shares. The stock witnessed -4.4% declines, -7.42% declines and 5.4% gains for the 1-month, 3-month and 6-month period, respectively. The company's 50 day moving average is $24.49 and its 200 day moving average is $21.03. Logitech International SA (USA) (NASDAQ:LOGI) has risen 143.25% since October 24, 2016 and is uptrending. Ameriprise Fincl Incorporated owns 30,185 shares for 0% of their portfolio. The correct version of this report can be accessed at https://www.dispatchtribunal.com/2017/10/23/royal-bank-of-canada-buys-31683-shares-of-logitech-international-s-a-logi.html.

The company also recently declared a dividend, which was paid on Wednesday, September 27th. Shareholders of record on Tuesday, September 26th were given a dividend of $0.6454 per share. The ex-dividend date was Monday, September 25th. This is a boost from Logitech International's previous dividend of $0.52. Moreover, Cwm Llc has 0% invested in Logitech International SA (USA) (NASDAQ:LOGI).

Logitech International S.A.is a holding company. The Company designs, manufactures and markets products that allow people to connect through music, gaming, video, computing, and other digital platforms. The Firm operates through peripheral segment. The Company offers its products to a network of domestic and global customers, including direct sales to retailers, e-tailers, and indirect sales through distributors.



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