Cimpress plc (NASDAQ:CMPR) Shares Acquired by Diamond Hill Capital Management Inc.

Diamond Hill Capital Management Inc. raised its position in shares of Cimpress plc (NASDAQ:CMPR) by 31.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 592,195 shares of the business services provider’s stock after purchasing an additional 141,942 shares during the period. Diamond Hill Capital Management Inc. owned 2.35% of Cimpress worth $42,472,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Janus Henderson Group PLC grew its holdings in Cimpress by 5.2% in the 3rd quarter. Janus Henderson Group PLC now owns 2,847,327 shares of the business services provider’s stock worth $233,253,000 after buying an additional 140,899 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its position in Cimpress by 39.1% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 136,724 shares of the business services provider’s stock worth $9,806,000 after acquiring an additional 38,402 shares during the period. Advantage Alpha Capital Partners LP acquired a new position in Cimpress during the 3rd quarter worth $2,932,000. Barclays PLC grew its stake in shares of Cimpress by 70.3% in the third quarter. Barclays PLC now owns 63,825 shares of the business services provider’s stock worth $5,229,000 after purchasing an additional 26,342 shares in the last quarter. Finally, FMR LLC increased its holdings in shares of Cimpress by 26.5% during the third quarter. FMR LLC now owns 78,216 shares of the business services provider’s stock valued at $6,407,000 after purchasing an additional 16,380 shares during the period. 77.64% of the stock is owned by institutional investors and hedge funds.

Cimpress Stock Down 4.5 %

Shares of Cimpress stock opened at $41.95 on Friday. The business has a fifty day simple moving average of $59.98 and a 200-day simple moving average of $73.73. Cimpress plc has a fifty-two week low of $41.24 and a fifty-two week high of $104.92. The firm has a market cap of $1.06 billion, a price-to-earnings ratio of 6.95, a price-to-earnings-growth ratio of 0.50 and a beta of 2.23.

Cimpress (NASDAQ:CMPR) last issued its quarterly earnings results on Wednesday, January 29th. The business services provider reported $2.36 earnings per share for the quarter, missing analysts’ consensus estimates of $2.52 by ($0.16). Cimpress had a net margin of 4.75% and a negative return on equity of 27.64%. Analysts anticipate that Cimpress plc will post 3.69 earnings per share for the current fiscal year.

Analyst Ratings Changes

CMPR has been the subject of several research analyst reports. Barrington Research reaffirmed an “outperform” rating and issued a $119.00 price objective on shares of Cimpress in a report on Wednesday, January 29th. Truist Financial reduced their price target on shares of Cimpress from $110.00 to $87.00 and set a “buy” rating for the company in a research note on Friday, January 31st. Finally, StockNews.com upgraded shares of Cimpress from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 8th.

About Cimpress

Cimpress plc provides various mass customization of printing and related products in North America, Europe, and internationally. The company operates through five segments: Vista, PrintBrothers, The Print Group, National Pen, and All Other Businesses. It offers printed and digital marketing products; internet-based canvas-print wall décor, business signage, and other printed products; business cards; and marketing materials, such as flyers and postcards, digital and marketing services, writing instruments, decorated apparel, promotional products and gifts, packaging, design services, textiles, and magazines and catalogs.