170,851 Shares in Sanmina Co. (NASDAQ:SANM) Purchased by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Sanmina Co. (NASDAQ:SANM - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 170,851 shares of the electronics maker's stock, valued at approximately $12,928,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.31% of Sanmina at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of SANM. Norges Bank acquired a new stake in shares of Sanmina in the 4th quarter valued at about $48,823,000. Franklin Resources Inc. grew its holdings in shares of Sanmina by 39.6% in the 4th quarter. Franklin Resources Inc. now owns 1,842,302 shares of the electronics maker's stock valued at $139,407,000 after acquiring an additional 522,534 shares in the last quarter. Alyeska Investment Group L.P. bought a new position in shares of Sanmina in the 4th quarter valued at about $34,868,000. FMR LLC grew its holdings in shares of Sanmina by 14.2% in the 4th quarter. FMR LLC now owns 1,959,025 shares of the electronics maker's stock valued at $148,239,000 after acquiring an additional 243,258 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Sanmina by 32.4% in the 4th quarter. JPMorgan Chase & Co. now owns 675,191 shares of the electronics maker's stock valued at $51,092,000 after acquiring an additional 165,285 shares in the last quarter. Institutional investors and hedge funds own 92.71% of the company's stock.

Sanmina Stock Up 2.5%

Shares of NASDAQ SANM traded up $2.18 during mid-day trading on Tuesday, hitting $88.16. The company had a trading volume of 656,093 shares, compared to its average volume of 404,128. The company has a market capitalization of $4.71 billion, a PE ratio of 21.56, a price-to-earnings-growth ratio of 1.29 and a beta of 1.10. The firm has a 50-day simple moving average of $79.06 and a two-hundred day simple moving average of $79.94. The company has a current ratio of 2.06, a quick ratio of 1.30 and a debt-to-equity ratio of 0.12. Sanmina Co. has a one year low of $61.52 and a one year high of $91.12.

Sanmina (NASDAQ:SANM - Get Free Report) last announced its quarterly earnings data on Monday, April 28th. The electronics maker reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.38 by $0.03. The company had revenue of $1.98 billion during the quarter, compared to analysts' expectations of $1.97 billion. Sanmina had a return on equity of 10.61% and a net margin of 2.99%. Sanmina's revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.30 EPS. On average, equities analysts expect that Sanmina Co. will post 5.15 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded Sanmina from a "buy" rating to a "strong-buy" rating in a report on Saturday, May 24th.

Sanmina Profile

Sanmina Corporation provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide. It operates in two businesses, Integrated Manufacturing Solutions; and Components, Products and Services. The company offers product design and engineering, including concept development, detailed design, prototyping, validation, preproduction, manufacturing design release, and product industrialization; assembly and test services; direct order fulfillment and logistics services; after-market product service and support; and supply chain management services, as well as engages in the manufacturing of components, subassemblies, and complete systems.