Walleye Capital LLC Makes New $229,000 Investment in Varex Imaging Co. (NASDAQ:VREX)

Walleye Capital LLC bought a new position in shares of Varex Imaging Co. (NASDAQ:VREX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 19,237 shares of the company’s stock, valued at approximately $229,000.

Several other large investors have also modified their holdings of the stock. Creative Planning raised its position in Varex Imaging by 9.2% during the 3rd quarter. Creative Planning now owns 19,644 shares of the company’s stock worth $234,000 after buying an additional 1,654 shares during the last quarter. Innealta Capital LLC purchased a new position in Varex Imaging during the 2nd quarter worth $26,000. Intech Investment Management LLC raised its position in Varex Imaging by 13.7% during the 3rd quarter. Intech Investment Management LLC now owns 16,267 shares of the company’s stock worth $194,000 after buying an additional 1,959 shares during the last quarter. Isthmus Partners LLC raised its position in Varex Imaging by 1.2% during the 2nd quarter. Isthmus Partners LLC now owns 172,022 shares of the company’s stock worth $2,534,000 after buying an additional 2,058 shares during the last quarter. Finally, First Eagle Investment Management LLC raised its position in Varex Imaging by 0.6% during the 2nd quarter. First Eagle Investment Management LLC now owns 359,937 shares of the company’s stock worth $5,302,000 after buying an additional 2,250 shares during the last quarter.

Wall Street Analyst Weigh In

A number of brokerages have commented on VREX. StockNews.com upgraded shares of Varex Imaging from a “hold” rating to a “buy” rating in a research report on Wednesday, November 27th. B. Riley initiated coverage on shares of Varex Imaging in a research note on Friday, August 23rd. They set a “buy” rating and a $21.00 price target on the stock.

Varex Imaging Trading Up 0.9 %

Shares of VREX stock opened at $15.45 on Wednesday. Varex Imaging Co. has a 1-year low of $10.19 and a 1-year high of $21.50. The firm’s 50-day simple moving average is $13.83 and its 200-day simple moving average is $13.55. 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 firm has a market cap of $635.00 million, a P/E ratio of -13.21 and a beta of 0.60.

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.