Raymond James Financial Inc. Makes New Investment in Creative Realities, Inc. (NASDAQ:CREX)

Raymond James Financial Inc. acquired a new position in Creative Realities, Inc. (NASDAQ:CREX) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 16,104 shares of the company’s stock, valued at approximately $39,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Renaissance Technologies LLC grew its stake in shares of Creative Realities by 45.5% in the 4th quarter. Renaissance Technologies LLC now owns 85,103 shares of the company’s stock worth $209,000 after buying an additional 26,601 shares in the last quarter. Perritt Capital Management Inc boosted its stake in shares of Creative Realities by 180.0% during the 4th quarter. Perritt Capital Management Inc now owns 140,000 shares of the company’s stock worth $343,000 after purchasing an additional 90,000 shares during the period. Geode Capital Management LLC boosted its stake in shares of Creative Realities by 9.6% during the 4th quarter. Geode Capital Management LLC now owns 77,660 shares of the company’s stock worth $190,000 after purchasing an additional 6,789 shares during the period. Commonwealth Equity Services LLC purchased a new position in shares of Creative Realities during the 4th quarter worth about $37,000. Finally, Essex Investment Management Co. LLC boosted its stake in shares of Creative Realities by 51.8% during the 4th quarter. Essex Investment Management Co. LLC now owns 38,920 shares of the company’s stock worth $95,000 after purchasing an additional 13,289 shares during the period. 41.32% of the stock is owned by hedge funds and other institutional investors.

Creative Realities Trading Up 7.3%

CREX stock opened at $1.91 on Thursday. Creative Realities, Inc. has a 12 month low of $1.28 and a 12 month high of $5.20. The company has a 50-day moving average price of $1.73 and a 200 day moving average price of $2.49. The stock has a market cap of $19.95 million, a PE ratio of 12.73 and a beta of 1.02.

Creative Realities (NASDAQ:CREX) last released its quarterly earnings results on Friday, March 14th. The company reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.16). The firm had revenue of $11.01 million for the quarter, compared to analysts’ expectations of $10.36 million. Creative Realities had a return on equity of 2.62% and a net margin of 1.38%. During the same period in the prior year, the firm posted $0.14 earnings per share. Sell-side analysts forecast that Creative Realities, Inc. will post -0.17 EPS for the current year.

Creative Realities Profile

Creative Realities, Inc, together with its subsidiaries, provides digital marketing technology and solutions in the United States and internationally. It offers digital signage and media solutions to enhance communications in a wide-ranging variety of out-of-home environments. The company’s solutions include digital merchandising systems and omni-channel customer engagement systems; interactive digital shopping assistants; advisors and kiosks; and other interactive marketing technologies, such as mobile, social media, point-of-sale transactions, beaconing, and web-based media that enables its customers to engage with their consumers.