Vanguard Group Inc increased its stake in Vocera Communications Inc (NYSE:VCRA) by 1.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,382,125 shares of the communications equipment provider’s stock after buying an additional 21,962 shares during the quarter. Vanguard Group Inc owned about 4.58% of Vocera Communications worth $50,558,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of VCRA. BlackRock Inc. lifted its position in shares of Vocera Communications by 5.6% during the second quarter. BlackRock Inc. now owns 2,157,527 shares of the communications equipment provider’s stock worth $64,487,000 after purchasing an additional 114,353 shares during the last quarter. Prudential Financial Inc. purchased a new position in shares of Vocera Communications during the third quarter valued at $1,715,000. Janus Henderson Group PLC purchased a new position in shares of Vocera Communications during the third quarter valued at $23,805,000. Clearbridge Investments LLC increased its stake in shares of Vocera Communications by 1.4% during the third quarter. Clearbridge Investments LLC now owns 1,370,304 shares of the communications equipment provider’s stock valued at $50,126,000 after buying an additional 18,495 shares during the period. Finally, Wells Fargo & Company MN increased its stake in shares of Vocera Communications by 23.1% during the third quarter. Wells Fargo & Company MN now owns 636,024 shares of the communications equipment provider’s stock valued at $23,265,000 after buying an additional 119,440 shares during the period.
Shares of NYSE:VCRA opened at $39.92 on Wednesday. Vocera Communications Inc has a 12-month low of $22.43 and a 12-month high of $42.42. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of -133.07 and a beta of 0.24. The company has a debt-to-equity ratio of 0.69, a current ratio of 4.52 and a quick ratio of 4.46.
In related news, Chairman Brent D. Lang sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 7th. The stock was sold at an average price of $35.30, for a total transaction of $353,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Paul T. Johnson sold 22,553 shares of the business’s stock in a transaction that occurred on Tuesday, January 15th. The stock was sold at an average price of $38.23, for a total value of $862,201.19. Following the sale, the executive vice president now owns 131,280 shares of the company’s stock, valued at $5,018,834.40. The disclosure for this sale can be found here. Insiders sold 93,253 shares of company stock valued at $3,627,372 over the last three months. 4.90% of the stock is currently owned by corporate insiders.
Several research firms have issued reports on VCRA. Dougherty & Co lowered 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. Cantor Fitzgerald reiterated an “overweight” rating and issued a $45.00 target price on shares of Vocera Communications in a research note on Friday, January 11th. Zacks Investment Research upgraded 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. Citigroup restated a “buy” rating and set a $46.00 price target (up previously from $37.00) on shares of Vocera Communications in a research note on Tuesday, December 18th. Finally, Robert W. Baird restated a “buy” rating and set a $40.00 price target on shares of Vocera Communications in a research note on Friday, November 30th. Two research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $40.78.
Vocera Communications Company Profile
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.
Institutional Ownership by Quarter for Vocera Communications (NYSE:VCRA)
