Economy

$2.53 Billion in Sales Expected for Seagate Technology PLC (STX) This Quarter

Richard Bernstein Advisors Ltd Liability Company owns 8,433 shares or 0.19% of their United States portfolio. The business's quarterly revenue was down 9.3% on a year-over-year basis. WFG Advisors LP now owns 3,660 shares of the data storage provider's stock worth $142,000 after purchasing an additional 3,638 shares during the period. About 14,353 shares traded. Carclo plc (LON:CAR) has 0.00% since September 13, 2016 and is. It has underperformed by 16.70% the S&P500. Oppenheimer And reported 17,324 shares stake. Nomura Holdings accumulated 361,427 shares or 0.04% of the stock.

Zwj Investment Counsel Inc, which manages about $1.35B and $1.04 billion US Long portfolio, upped its stake in Fortive Corp by 150,350 shares to 253,054 shares, valued at $13.57 million in 2016Q4, according to the filing. Hedge funds and other institutional investors own 89.88% of the company's stock. Seagate Technology PLC had a return on equity of 81.87% and a net margin of 7.17%. It has outperformed by 90.46% the S&P500. Employees Retirement System Of Texas reported 0.01% in Seagate Technology PLC (NASDAQ:STX). STX's profit will be $247.49 million for 9.47 P/E if the $0.86 EPS becomes a reality. It also reduced Inteliquent Inc (NASDAQ:IQNT) stake by 39,900 shares and now owns 135,000 shares.

Since May 12, 2017, it had 0 insider purchases, and 5 selling transactions for $1.34 million activity. The insider MASSARONI KENNETH M sold $307,119. The insider RE MARK sold 9,607 shares worth $417,616. Shares for $166,187 were sold by PARK CHONG SUP on Tuesday, May 16. MORTON DAVID H JR sold $131,510 worth of stock.

Seagate Technology plc has a consensus hold rating from 29 Wall Street analysts, and the number of shares now sold short amount to at least 15.63% of shares outstanding. Therefore 23% are positive. Equities research analysts expect that Seagate Technology PLC will post $3.69 EPS for the current fiscal year. About shares traded. Seagate Technology PLC (NASDAQ:STX) has risen 107.16% since September 14, 2016 and is uptrending. The rating was maintained by Maxim Group with "Buy" on Thursday, October 15. The company was maintained on Monday, July 24 by BMO Capital Markets. Jefferies Group LLC's target price would suggest a potential downside of 9.06% from the company's previous close. Warburg Research upgraded Rocket Internet SE (ETR:RKET) on Tuesday, January 31 to "Buy" rating. The stock has "Sell" rating by UBS on Wednesday, November 11. The firm has "Equal Weight" rating given on Tuesday, January 31 by Barclays Capital. As per Thursday, April 14, the company rating was maintained by Goldman Sachs.

More important recent Seagate Technology PLC (NASDAQ:STX) news were published by: Seekingalpha.com which released: "Seagate: Strong 8% Yield, Backed By Leader In Enterprise Hard Drives" on September 04, 2017, also Benzinga.com published article titled: "Seagate Technology's Continued Struggles With 10TB Helium Drives Results In A ...", Nasdaq.com published: "Jeff Ubben Buys Baker Hughes Inc, Seagate Technology PLC, KKR LP, Sells Baker ..." on August 14, 2017.

Investors sentiment decreased to 0.78 in Q4 2016. The analysts estimated mean EPS at 0.98 while the high and low EPS estimate stand at 1.04 and 0.89 respectively. It worsened, as 46 investors sold STX shares while 155 reduced holdings. 85 funds opened positions while 129 raised stakes.

Now the shares of Antero Resources Corporation (AR) has the trading volume of 3.46 Million shares with the average trading volume of 2760 shares. First Fincl In holds 0.02% or 1,000 shares. Amer Century holds 380,970 shares or 0.02% of its portfolio. Paloma Ptnrs Mgmt holds 52,659 shares. Mizuho maintained Seagate Technology PLC (NASDAQ:STX) rating on Tuesday, January 19. Missouri-based Benjamin F Edwards & has invested 0.01% in Seagate Technology PLC (NASDAQ:STX). Royal Bank Of Canada reiterated a "hold" rating and set a $45.00 price target on shares of Seagate Technology PLC in a research note on Friday, June 9th. IHT Wealth Management has an ownership of 12,225 stocks of the information storage provider's shares valued $562,000 following acquiring an extra 194 shares through out the previous quarter, Sii Investments WI raised its stake in stocks of Seagate Technology by 4.3% in the Q1. Oakbrook Investments Ltd Liability invested in 43,503 shares or 0.33% of the stock. The Japan-based Sumitomo Mitsui Asset Limited has invested 0.02% in Seagate Technology PLC (NASDAQ:STX). 21,112 are held by Northeast Fin Consultants. TD Asset Management Inc. increased its stake in Seagate Technology PLC by 164.6% in the third quarter. Grt Capital Prtnrs Ltd accumulated 881 shares or 0.07% of the stock. Oxford Asset Mgmt invested in 0.07% or 35,958 shares.

Among 3 analysts covering Carclo PLC (LON:CAR), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Sherwin-Williams Company had 37 analyst reports since July 22, 2015 according to SRatingsIntel. As per Friday, August 11, the company rating was maintained by Robert W. Baird. The firm earned "Buy" rating on Friday, December 4 by FinnCap. TH Capital maintained Middleby Corp (NASDAQ:MIDD) rating on Thursday, November 12. The firm has "Hold" rating by RBC Capital Markets given on Tuesday, July 25. The firm earned "Outperform" rating on Wednesday, January 13 by Macquarie Research. The stock has "Hold" rating by Deutsche Bank on Wednesday, September 7.

Since May 3, 2017, it had 0 insider buys, and 4 insider sales for $8.18 million activity.

Reliance Trust decreased Vanguard Total Bond Market Etf (BND) stake by 11,526 shares to 361,235 valued at $29.19M in 2016Q4.



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