Cimpress plc (NASDAQ:CMPR) Shares Purchased by Hennessy Advisors Inc.

Hennessy Advisors Inc. increased its position in shares of Cimpress plc (NASDAQ:CMPR) by 6.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 110,400 shares of the business services provider’s stock after acquiring an additional 7,100 shares during the quarter. Hennessy Advisors Inc.’s holdings in Cimpress were worth $7,918,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Janus Henderson Group PLC boosted its position in shares of Cimpress by 5.2% during the 3rd quarter. Janus Henderson Group PLC now owns 2,847,327 shares of the business services provider’s stock valued at $233,253,000 after acquiring an additional 140,899 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Cimpress by 0.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 512,613 shares of the business services provider’s stock valued at $44,909,000 after buying an additional 4,441 shares during the period. Diamond Hill Capital Management Inc. raised its holdings in Cimpress by 6.3% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 450,253 shares of the business services provider’s stock valued at $36,885,000 after buying an additional 26,727 shares during the period. Hantz Financial Services Inc. raised its holdings in Cimpress by 0.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 145,703 shares of the business services provider’s stock valued at $11,936,000 after buying an additional 785 shares during the period. Finally, Marshall Wace LLP raised its holdings in Cimpress by 649.8% in the 2nd quarter. Marshall Wace LLP now owns 107,350 shares of the business services provider’s stock valued at $9,405,000 after buying an additional 93,033 shares during the period. Institutional investors and hedge funds own 77.64% of the company’s stock.

Wall Street Analysts Forecast Growth

CMPR has been the topic of several research analyst reports. Truist Financial reduced their price objective on shares of Cimpress from $120.00 to $110.00 and set a “buy” rating on the stock in a report on Friday, November 1st. Barrington Research restated an “outperform” rating and issued a $119.00 price objective on shares of Cimpress in a report on Friday, December 20th. Finally, StockNews.com lowered shares of Cimpress from a “strong-buy” rating to a “buy” rating in a research note on Thursday, January 9th.

Cimpress Stock Performance

Shares of CMPR opened at $72.64 on Friday. The stock has a market capitalization of $1.83 billion, a PE ratio of 12.48, a P/E/G ratio of 0.62 and a beta of 2.09. Cimpress plc has a 1 year low of $58.05 and a 1 year high of $104.92. The company’s 50-day simple moving average is $76.76 and its 200-day simple moving average is $82.55.

Cimpress (NASDAQ:CMPR) last issued its quarterly earnings results on Wednesday, October 30th. The business services provider reported ($0.50) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by ($0.80). The business had revenue of $804.97 million for the quarter, compared to analyst estimates of $800.51 million. Cimpress had a negative return on equity of 27.15% and a net margin of 4.69%. During the same period in the prior year, the company posted $0.17 EPS. On average, sell-side analysts predict that Cimpress plc will post 4.06 earnings per share for the current year.

Cimpress Profile

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.