Benchmark Electronics, Inc. (NYSE:BHE) Shares Acquired by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC increased its position in Benchmark Electronics, Inc. (NYSE:BHE) by 31.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 98,599 shares of the technology company’s stock after purchasing an additional 23,374 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Benchmark Electronics were worth $4,476,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Parkside Financial Bank & Trust acquired a new position in Benchmark Electronics in the 4th quarter worth $50,000. KBC Group NV increased its position in shares of Benchmark Electronics by 40.2% during the fourth quarter. KBC Group NV now owns 2,151 shares of the technology company’s stock worth $98,000 after acquiring an additional 617 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Benchmark Electronics by 12.9% in the fourth quarter. GAMMA Investing LLC now owns 2,547 shares of the technology company’s stock worth $116,000 after acquiring an additional 292 shares in the last quarter. Glenmede Trust Co. NA purchased a new position in Benchmark Electronics in the third quarter valued at about $238,000. Finally, Summit Global Investments acquired a new stake in Benchmark Electronics during the 4th quarter valued at approximately $242,000. 92.29% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Jeff Benck sold 6,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $38.82, for a total transaction of $232,920.00. Following the completion of the transaction, the chief executive officer now owns 448,180 shares in the company, valued at $17,398,347.60. The trade was a 1.32 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. StockNews.com raised Benchmark Electronics from a “hold” rating to a “buy” rating in a research report on Tuesday, January 7th. Needham & Company LLC increased their price objective on shares of Benchmark Electronics from $48.00 to $50.00 and gave the company a “buy” rating in a research note on Thursday, January 30th. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, Benchmark Electronics presently has a consensus rating of “Moderate Buy” and an average target price of $43.00.

Benchmark Electronics Trading Down 0.2 %

Shares of NYSE BHE opened at $39.75 on Friday. The stock has a market capitalization of $1.43 billion, a P/E ratio of 22.98 and a beta of 0.97. The stock’s 50 day moving average price is $41.63 and its two-hundred day moving average price is $44.36. The company has a quick ratio of 1.46, a current ratio of 2.32 and a debt-to-equity ratio of 0.24. Benchmark Electronics, Inc. has a 52-week low of $28.64 and a 52-week high of $52.57.

Benchmark Electronics (NYSE:BHE) last announced its quarterly earnings data on Wednesday, January 29th. The technology company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.01). Benchmark Electronics had a return on equity of 6.68% and a net margin of 2.38%.

Benchmark Electronics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 11th. Investors of record on Monday, March 31st will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date of this dividend is Monday, March 31st. Benchmark Electronics’s dividend payout ratio is presently 39.31%.

Benchmark Electronics Company Profile

Benchmark Electronics, Inc, together with its subsidiaries, offers product design, engineering services, technology solutions, and manufacturing services in the Americas, Asia, and Europe. The company provides engineering services and technology solutions, including new product design, prototype, testing, and related engineering services; and custom testing and technology solutions, as well as automation equipment design and build services.