Hound Partners LLC cut its holdings in shares of Cimpress NV (NASDAQ:CMPR) by 91.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 160,359 shares of the business services provider’s stock after selling 1,616,620 shares during the quarter. Cimpress comprises 0.5% of Hound Partners LLC’s investment portfolio, making the stock its 20th largest holding. Hound Partners LLC’s holdings in Cimpress were worth $19,224,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of the company. Teachers Advisors LLC lifted its holdings in shares of Cimpress by 3.2% during the fourth quarter. Teachers Advisors LLC now owns 52,114 shares of the business services provider’s stock worth $6,247,000 after buying an additional 1,595 shares during the last quarter. Teachers Retirement System of The State of Kentucky acquired a new position in shares of Cimpress during the fourth quarter worth approximately $1,282,000. Two Sigma Advisers LP lifted its holdings in shares of Cimpress by 1,870.0% during the fourth quarter. Two Sigma Advisers LP now owns 110,615 shares of the business services provider’s stock worth $13,261,000 after buying an additional 105,000 shares during the last quarter. Deutsche Bank AG lifted its holdings in shares of Cimpress by 127.7% during the fourth quarter. Deutsche Bank AG now owns 59,895 shares of the business services provider’s stock worth $7,177,000 after buying an additional 33,594 shares during the last quarter. Finally, Ironvine Capital Partners LLC acquired a new position in shares of Cimpress in the fourth quarter valued at $5,018,000. Institutional investors own 98.64% of the company’s stock.
Cimpress NV (CMPR) opened at $161.61 on Wednesday. The company has a debt-to-equity ratio of 6.43, a current ratio of 0.44 and a quick ratio of 0.33. The company has a market capitalization of $4,869.98, a price-to-earnings ratio of -192.39, a P/E/G ratio of 5.22 and a beta of -0.15. Cimpress NV has a 12 month low of $78.80 and a 12 month high of $171.76.
Cimpress (NASDAQ:CMPR) last released its quarterly earnings data on Wednesday, January 31st. The business services provider reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.10. Cimpress had a negative return on equity of 15.72% and a negative net margin of 1.00%. The firm had revenue of $762.10 million during the quarter, compared to analyst estimates of $692.34 million. During the same period in the prior year, the company posted $1.07 earnings per share. The business’s revenue for the quarter was up 32.1% compared to the same quarter last year. research analysts predict that Cimpress NV will post 2.1 EPS for the current fiscal year.
A number of brokerages recently commented on CMPR. BidaskClub upgraded Cimpress from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, February 7th. Zacks Investment Research upgraded Cimpress from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 16th. ValuEngine lowered Cimpress from a “hold” rating to a “sell” rating in a research note on Tuesday, December 12th. Finally, Barrington Research restated a “buy” rating and issued a $125.00 target price (up from $110.00) on shares of Cimpress in a research note on Tuesday, November 14th. Two analysts have rated the stock with a sell rating, four have given a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $109.50.
In other Cimpress news, EVP Donald Leblanc sold 1,500 shares of the stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $157.53, for a total transaction of $236,295.00. Following the completion of the transaction, the executive vice president now directly owns 23,047 shares in the company, valued at $3,630,593.91. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Katryn Blake sold 37,406 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $144.17, for a total value of $5,392,823.02. Following the transaction, the insider now owns 47,220 shares of the company’s stock, valued at $6,807,707.40. The disclosure for this sale can be found here. Insiders have sold 69,672 shares of company stock valued at $9,311,234 over the last quarter. Corporate insiders own 11.80% of the company’s stock.
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Cimpress N.V., formerly Vistaprint N.V., is a technology driven company, which aggregates through the Internet, large volumes of small, individually customized orders for a spectrum of print, signage, apparel and similar products. The Company operates through segments, which include Vistaprint business unit, Upload and Print business units and All Other business units.
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