Susquehanna International Group LLP Boosts Stock Holdings in Frequency Electronics, Inc. (NASDAQ:FEIM)

Susquehanna International Group LLP increased its position in Frequency Electronics, Inc. (NASDAQ:FEIM - Free Report) by 204.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 83,538 shares of the communications equipment provider's stock after acquiring an additional 56,134 shares during the quarter. Susquehanna International Group LLP owned about 0.87% of Frequency Electronics worth $1,547,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FEIM. Barclays PLC purchased a new position in shares of Frequency Electronics in the third quarter valued at $153,000. Global Retirement Partners LLC bought a new stake in shares of Frequency Electronics during the fourth quarter valued at about $27,000. IFP Advisors Inc bought a new stake in shares of Frequency Electronics during the fourth quarter valued at about $85,000. JPMorgan Chase & Co. lifted its holdings in shares of Frequency Electronics by 373.6% in the fourth quarter. JPMorgan Chase & Co. now owns 6,161 shares of the communications equipment provider's stock worth $114,000 after buying an additional 4,860 shares in the last quarter. Finally, Marshall Wace LLP boosted its position in shares of Frequency Electronics by 108.7% in the fourth quarter. Marshall Wace LLP now owns 101,703 shares of the communications equipment provider's stock valued at $1,884,000 after acquiring an additional 52,962 shares during the period. 58.60% of the stock is currently owned by institutional investors.

Insider Transactions at Frequency Electronics

In other news, Director Russell M. Sarachek acquired 2,161 shares of Frequency Electronics stock in a transaction dated Thursday, March 27th. The shares were purchased at an average cost of $15.77 per share, for a total transaction of $34,078.97. Following the transaction, the director now owns 464,080 shares of the company's stock, valued at $7,318,541.60. This trade represents a 0.47% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 26.10% of the stock is currently owned by insiders.

Frequency Electronics Trading Up 0.1%

Shares of FEIM traded up $0.02 during mid-day trading on Friday, reaching $18.15. 175,909 shares of the stock traded hands, compared to its average volume of 68,538. The company has a market cap of $175.64 million, a price-to-earnings ratio of 22.13 and a beta of 0.38. Frequency Electronics, Inc. has a 1 year low of $8.62 and a 1 year high of $20.33. The firm has a fifty day moving average price of $16.66 and a 200 day moving average price of $16.15.

Frequency Electronics (NASDAQ:FEIM - Get Free Report) last posted its quarterly earnings data on Thursday, March 13th. The communications equipment provider reported $1.60 earnings per share for the quarter. Frequency Electronics had a net margin of 13.02% and a return on equity of 21.49%. The company had revenue of $18.93 million for the quarter.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Frequency Electronics from a "strong-buy" rating to a "buy" rating in a report on Tuesday, March 25th.

About Frequency Electronics

Frequency Electronics, Inc, together with its subsidiaries, engages in designing, development, and manufacturing of precision time and frequency control products and components for microwave integrated circuit applications. It operates through two segments, FEI-NY and FEI-Zyfer. The FEI-NY segment offers precision time and frequency control products for communication satellites, terrestrial cellular telephone or other ground-based telecommunication stations; and other components and systems for the U.S.