Economy

Featured Stock for Investors: Micron Technology, Inc. (MU)

Janus Henderson Group PLC now owns 11,850,988 shares of the semiconductor manufacturer's stock worth $353,885,000 after purchasing an additional 8,834,274 shares during the period.

Micron Technology, Inc., is one of the world's leading providers of advanced semiconductor solutions. WA's holdings in Micron Technology were worth $3,973,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MU. Standard Life Investments LTD bought a new stake in shares of Micron Technology during the second quarter worth $89,591,000. Company has a 52-Week High of -3.04% and a 52-Week Low of 162.39%. Credit Capital Investments LLC boosted its stake in shares of Micron Technology by 1,102.1% in the second quarter. Quantitative Systematic Strategies LLC increased its stake in shares of Micron Technology by 0.7% during the 2nd quarter. Quantitative Systematic Strategies LLC now owns 67,006 shares of the semiconductor manufacturer's stock worth $2,106,000 after purchasing an additional 475 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its stake in shares of Micron Technology by 4.0% during the 2nd quarter. Nikko Asset Management Americas Inc stated it has 3,300 shares or 0.01% of all its holdings.

Want to see what other hedge funds are holding MU? The company holds 1.17 billion outstanding shares and 1.1 billion shares are floating in market. Roundview Ltd Liability Company owns 65,032 shares for 0.57% of their portfolio.

Verition Fund Management Llc decreased Rpm Intl Inc (RPM) stake by 83.24% reported in 2017Q2 SEC filing. Also, VP April S. Arnzen sold 11,424 shares of the business's stock in a transaction on Thursday, October 6th. The Minnesota-based Disciplined Growth Investors Inc Mn has invested 1.75% in the stock. The disclosure for this purchase can be found here. Checking out a company's current profit margin, for example, lets us know about how much of its total sales revenue was kept as earnings - which we find by taking net income and dividing it by total sales revenue. The volume of MU witnessed a shift from 28.73 million shares, based on a 50-day average, to 32.55 million shares. Vetr cut Micron Technology from a "strong-buy" rating to a "buy" rating and set a $17.58 target price on the stock.in a research note on Thursday, August 18th. The rating was upgraded by Standpoint Research on Wednesday, December 7 to "Buy". Finally, Nomura reaffirmed a "buy" rating and set a $16.00 target price on shares of Micron Technology in a research note on Thursday, August 4th. Citigroup Inc. reissued a "buy" rating and issued a $45.00 target price on shares of Micron Technology in a report on Wednesday, July 12th.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Tuesday, September 26th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, thirty have assigned a buy rating and one has issued a strong buy rating to the stock. (NASDAQ:MU) shares. 50,581 shares were sold by Shirley Brian, worth $1.46 million on Monday, May 15. Eagle Global Limited Company has invested 0.28% in Micron Technology, Inc. (NASDAQ:MU). Cetera Advisors Ltd Liability Corp holds 0.05% or 29,422 shares in its portfolio. The stock decreased 0.63% or $0.25 during the last trading session, reaching $39.3.

Three months ago, on the other hand, the average analyst rating for Micron Technology, Inc. Deutsche Bank AG's price objective suggests a potential upside of 0.05% from the company's previous close. (NASDAQ:MU). Mountain Pacific Invest Advisers Id stated it has 0.1% in Micron Technology, Inc. The company maintains price to book ratio of 2.58 vs.an industry average at 2.87. (NASDAQ:MU). Moreover, State Of New Jersey Common Pension Fund D has 0.31% invested in Micron Technology, Inc. The business had revenue of $6.14 billion for the quarter, compared to analyst estimates of $5.97 billion. During the same quarter previous year, the firm earned ($0.01) EPS. Micron Technology's quarterly revenue was up 90.8% compared to the same quarter last year. research analysts anticipate that Micron Technology, Inc. will post 7.29 EPS for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: "Micron Technology, Inc". The Voya Investment Management Llc holds 403,831 shares with $12.06M value, down from 579,976 last quarter. "(MU) Position Raised by Oregon Public Employees Retirement Fund" was published by Dispatch Tribunal and is owned by of Dispatch Tribunal. It improved, as 63 investors sold MU shares while 217 reduced holdings.



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