Xperi Co. (NASDAQ:XPER) declared a quarterly dividend on Wednesday, February 14th, Wall Street Journal reports. Shareholders of record on Thursday, March 1st will be given a dividend of 0.20 per share by the semiconductor company on Thursday, March 22nd. This represents a $0.80 annualized dividend and a yield of 3.83%. The ex-dividend date of this dividend is Wednesday, February 28th.
Shares of Xperi (NASDAQ:XPER) traded up $0.15 on Wednesday, hitting $20.90. 339,900 shares of the stock traded hands, compared to its average volume of 513,271. The firm has a market cap of $1,030.00, a PE ratio of -14.41 and a beta of 0.58. The company has a debt-to-equity ratio of 1.32, a current ratio of 3.15 and a quick ratio of 3.15. Xperi has a 12 month low of $16.70 and a 12 month high of $45.10.
Several brokerages have recently issued reports on XPER. Benchmark reaffirmed a “buy” rating and issued a $40.00 price objective (down previously from $53.00) on shares of Xperi in a research note on Wednesday. BidaskClub cut shares of Xperi from a “sell” rating to a “strong sell” rating in a research note on Friday, February 2nd. ValuEngine cut shares of Xperi from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Finally, Bank of America cut shares of Xperi from a “buy” rating to a “neutral” rating in a research note on Friday, November 3rd. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $40.00.
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Tessera Holding Corporation is a product and technology licensing company. The Company’s technologies and intellectual property are deployed, in areas, such as audio, computational imaging, computer vision, mobile computing and communications, memory, data storage, three dimensional (3D) semiconductor interconnect and packaging.
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