Varex Imaging Co. (NASDAQ:VREX) Shares Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets boosted its position in Varex Imaging Co. (NASDAQ:VREX - Free Report) by 1,359.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 52,295 shares of the company's stock after acquiring an additional 48,713 shares during the quarter. BNP Paribas Financial Markets owned 0.13% of Varex Imaging worth $623,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Innealta Capital LLC acquired a new stake in shares of Varex Imaging in the second quarter worth $26,000. Canada Pension Plan Investment Board acquired a new stake in Varex Imaging in the 2nd quarter valued at $38,000. Quest Partners LLC purchased a new position in Varex Imaging in the third quarter valued at about $41,000. CWM LLC raised its position in Varex Imaging by 2,384.2% in the third quarter. CWM LLC now owns 9,589 shares of the company's stock valued at $114,000 after purchasing an additional 9,203 shares during the period. Finally, Inspire Advisors LLC boosted its position in shares of Varex Imaging by 29.8% in the third quarter. Inspire Advisors LLC now owns 14,149 shares of the company's stock worth $169,000 after buying an additional 3,245 shares during the period.

Analysts Set New Price Targets

Several brokerages recently commented on VREX. StockNews.com upgraded Varex Imaging from a "hold" rating to a "buy" rating in a report on Wednesday, November 27th. B. Riley began coverage on shares of Varex Imaging in a research note on Friday, August 23rd. They set a "buy" rating and a $21.00 price objective on the stock.

Varex Imaging Stock Down 0.5 %

NASDAQ:VREX traded down $0.08 on Friday, reaching $15.44. The stock had a trading volume of 326,304 shares, compared to its average volume of 508,498. Varex Imaging Co. has a 12-month low of $10.19 and a 12-month high of $21.50. The stock has a market cap of $634.58 million, a P/E ratio of -13.21 and a beta of 0.60. The company has a current ratio of 3.32, a quick ratio of 1.97 and a debt-to-equity ratio of 0.72. The company has a 50-day moving average of $13.99 and a 200 day moving average of $13.57.

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.