DRW Securities LLC Purchases New Position in Varex Imaging Co. (NASDAQ:VREX)

DRW Securities LLC acquired a new stake in shares of Varex Imaging Co. (NASDAQ:VREX - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 32,465 shares of the company's stock, valued at approximately $387,000. DRW Securities LLC owned 0.08% of Varex Imaging as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in VREX. Creative Planning raised its stake in shares of Varex Imaging by 9.2% in the third quarter. Creative Planning now owns 19,644 shares of the company's stock valued at $234,000 after acquiring an additional 1,654 shares during the last quarter. Innealta Capital LLC bought a new position in Varex Imaging in the 2nd quarter valued at $26,000. Intech Investment Management LLC boosted its stake in Varex Imaging by 13.7% in the third quarter. Intech Investment Management LLC now owns 16,267 shares of the company's stock worth $194,000 after purchasing an additional 1,959 shares in the last quarter. Isthmus Partners LLC grew its holdings in shares of Varex Imaging by 1.2% during the second quarter. Isthmus Partners LLC now owns 172,022 shares of the company's stock worth $2,534,000 after purchasing an additional 2,058 shares during the last quarter. Finally, First Eagle Investment Management LLC increased its stake in shares of Varex Imaging by 0.6% in the second quarter. First Eagle Investment Management LLC now owns 359,937 shares of the company's stock valued at $5,302,000 after buying an additional 2,250 shares in the last quarter.

Varex Imaging Trading Up 0.1 %

Shares of NASDAQ VREX traded up $0.02 during midday trading on Wednesday, hitting $16.53. The stock had a trading volume of 323,067 shares, compared to its average volume of 504,999. The firm has a market cap of $679.38 million, a P/E ratio of -14.11 and a beta of 0.53. Varex Imaging Co. has a fifty-two week low of $10.19 and a fifty-two week high of $21.50. The company has a debt-to-equity ratio of 0.72, a current ratio of 3.32 and a quick ratio of 1.97. The company's 50-day simple moving average is $12.90 and its 200 day simple moving average is $13.48.

Analysts Set New Price Targets

Separately, B. Riley assumed coverage on shares of Varex Imaging in a research report on Friday, August 23rd. They issued a "buy" rating and a $21.00 price objective for the company.

Varex Imaging Company Profile

Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. The company operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components, comprising X-ray tubes, digital detectors and accessories, ionization chambers, high voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and heat exchangers.