Lisanti Capital Growth LLC increased its position in Vocera Communications Inc (NYSE:VCRA) by 20.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 115,120 shares of the communications equipment provider’s stock after acquiring an additional 19,625 shares during the quarter. Vocera Communications comprises 1.8% of Lisanti Capital Growth LLC’s investment portfolio, making the stock its 14th largest holding. Lisanti Capital Growth LLC owned approximately 0.38% of Vocera Communications worth $4,530,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Vanguard Group Inc lifted its position in Vocera Communications by 1.6% in the 3rd quarter. Vanguard Group Inc now owns 1,382,125 shares of the communications equipment provider’s stock worth $50,558,000 after buying an additional 21,962 shares during the last quarter. Dimensional Fund Advisors LP bought a new stake in Vocera Communications in the 3rd quarter worth approximately $1,065,000. Janus Henderson Group PLC bought a new stake in Vocera Communications in the 3rd quarter worth approximately $23,805,000. Prudential Financial Inc. bought a new stake in Vocera Communications in the 3rd quarter worth approximately $1,715,000. Finally, Bank of New York Mellon Corp increased its stake in Vocera Communications by 17.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 196,821 shares of the communications equipment provider’s stock worth $7,200,000 after purchasing an additional 29,688 shares during the period.
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A number of brokerages have commented on VCRA. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $45.00 price target on shares of Vocera Communications in a research note on Friday, January 11th. Robert W. Baird reissued a “buy” rating and set a $40.00 target price on shares of Vocera Communications in a research note on Friday, November 30th. Citigroup cut Vocera Communications from a “buy” rating to a “neutral” rating in a research note on Friday, February 8th. Zacks Investment Research raised Vocera Communications from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a research note on Tuesday, January 1st. Finally, Dougherty & Co cut Vocera Communications from a “buy” rating to a “neutral” rating in a research note on Monday, January 14th. They noted that the move was a valuation call. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $38.40.
NYSE VCRA opened at $32.33 on Tuesday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 4.46 and a current ratio of 4.52. Vocera Communications Inc has a twelve month low of $22.43 and a twelve month high of $42.60. The company has a market cap of $966.82 million, a P/E ratio of -190.18 and a beta of 0.31.
Vocera Communications (NYSE:VCRA) last released its quarterly earnings results on Thursday, February 7th. The communications equipment provider reported $0.18 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.18. Vocera Communications had a negative return on equity of 3.37% and a negative net margin of 5.39%. The company had revenue of $48.88 million for the quarter, compared to analyst estimates of $49.82 million. During the same period in the previous year, the company posted $0.22 earnings per share. The firm’s revenue was up 10.8% on a year-over-year basis. Research analysts predict that Vocera Communications Inc will post -0.29 EPS for the current fiscal year.
In other news, General Counsel Douglas Alan Carlen sold 1,990 shares of the company’s stock in a transaction on Friday, February 15th. The stock was sold at an average price of $30.31, for a total transaction of $60,316.90. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Mary Bridget Duffy sold 31,545 shares of the company’s stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $32.21, for a total value of $1,016,064.45. Following the transaction, the insider now directly owns 90,873 shares in the company, valued at $2,927,019.33. The disclosure for this sale can be found here. Insiders sold 105,788 shares of company stock worth $3,873,164 over the last three months. Corporate insiders own 4.90% of the company’s stock.
About Vocera Communications
Vocera Communications, Inc provides secure, integrated, and intelligent communication and workflow solutions that empowers mobile workers in healthcare, hospitality, energy, and other mission-critical mobile work environments in the United States and internationally. The company’s communication solution could be integrated with other clinical systems, including electronic health records, nurse call systems, and patient monitoring, as well as to provide critical data, alerts, alarms, and clinical context that enable workflow.
