Barclays PLC Boosts Stake in Varex Imaging Co. (NASDAQ:VREX)

Barclays PLC lifted its holdings in Varex Imaging Co. (NASDAQ:VREX) by 15.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,883 shares of the company’s stock after purchasing an additional 12,966 shares during the period. Barclays PLC owned about 0.24% of Varex Imaging worth $1,166,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Wellington Management Group LLP purchased a new position in shares of Varex Imaging during the 3rd quarter valued at approximately $19,801,000. Pzena Investment Management LLC lifted its holdings in Varex Imaging by 51.4% during the third quarter. Pzena Investment Management LLC now owns 3,890,879 shares of the company’s stock valued at $46,379,000 after purchasing an additional 1,321,666 shares in the last quarter. Jane Street Group LLC grew its position in shares of Varex Imaging by 230.6% in the third quarter. Jane Street Group LLC now owns 551,157 shares of the company’s stock valued at $6,570,000 after purchasing an additional 384,448 shares during the period. Weiss Asset Management LP purchased a new stake in shares of Varex Imaging during the third quarter worth about $2,593,000. Finally, Jacobs Levy Equity Management Inc. acquired a new position in shares of Varex Imaging during the 3rd quarter worth about $2,411,000.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Varex Imaging from a “buy” rating to a “hold” rating in a report on Thursday, January 9th.

Varex Imaging Stock Up 0.1 %

Shares of VREX opened at $13.38 on Tuesday. Varex Imaging Co. has a 52-week low of $10.19 and a 52-week high of $20.27. The company has a quick ratio of 1.97, a current ratio of 3.32 and a debt-to-equity ratio of 0.72. The stock has a fifty day simple moving average of $14.94 and a two-hundred day simple moving average of $13.44. The company has a market capitalization of $551.67 million, a PE ratio of -11.44 and a beta of 0.63.

Varex Imaging 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.