Universal Beteiligungs und Servicegesellschaft mbH Makes New $12.93 Million Investment in Sanmina Co. (NASDAQ:SANM)

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

Other institutional investors and hedge funds have also recently modified their holdings of the company. R Squared Ltd acquired a new position in shares of Sanmina during the 4th quarter valued at about $58,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Sanmina in the 4th quarter valued at about $90,000. Principal Securities Inc. raised its holdings in Sanmina by 13.6% in the 4th quarter. Principal Securities Inc. now owns 1,388 shares of the electronics maker's stock valued at $105,000 after buying an additional 166 shares during the period. Smartleaf Asset Management LLC raised its holdings in Sanmina by 283.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,428 shares of the electronics maker's stock valued at $108,000 after buying an additional 1,056 shares during the period. Finally, Sterling Capital Management LLC raised its holdings in Sanmina by 843.2% in the 4th quarter. Sterling Capital Management LLC now owns 1,726 shares of the electronics maker's stock valued at $131,000 after buying an additional 1,543 shares during the period. Institutional investors and hedge funds own 92.71% of the company's stock.

Sanmina Trading Up 1.9%

SANM traded up $1.62 on Tuesday, hitting $87.60. The company had a trading volume of 115,272 shares, compared to its average volume of 401,607. The firm has a market cap of $4.68 billion, a P/E ratio of 21.42, a PEG ratio of 1.29 and a beta of 1.10. Sanmina Co. has a 1 year low of $61.52 and a 1 year high of $91.12. The company's fifty day moving average price is $78.85 and its 200 day moving average price is $79.88. 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 (NASDAQ:SANM - Get Free Report) last issued its quarterly earnings results on Monday, April 28th. The electronics maker reported $1.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.38 by $0.03. The company had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.97 billion. Sanmina had a net margin of 2.99% and a return on equity of 10.61%. The business's revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.30 earnings per share. As a group, equities analysts expect that Sanmina Co. will post 5.15 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

About Sanmina

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.