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Seagate Technology (STX) Raised to Hold at Cross Research

January 17, 2018 02:08·

The company has a market capitalization of $14,830.00, a PE ratio of 19.42, a price-to-earnings-growth ratio of 0.76 and a beta of 1.68. The institutional investor held 163,528 shares of the electronic components company at the end of 2017Q3, valued at $5.42 million, up from 133,671 at the end of the previous reported quarter. Cutler Capital Management LLC boosted its position in shares of Seagate Technology PLC by 14.3% in the second quarter. Balentine LLC now owns 4,471 shares of the data storage provider's stock worth $148,000 after purchasing an additional 1,619 shares during the last quarter. About 7.75 million shares traded or 53.02% up from the average. It has outperformed by 18.50% the S&P500.

Ferguson Wellman Capital Management Inc decreased its stake in East West Bancorp Inc (EWBC) by 1.69% based on its latest 2017Q3 regulatory filing with the SEC. Ems Capital Lp bought 240,000 shares as the company's stock rose 9.38% with the market. Vanguard Group Inc. now owns 33,412,003 shares of the data storage provider's stock valued at $1,294,716,000 after purchasing an additional 2,292,075 shares during the last quarter. The stock decreased 0.35% or $0.1 during the last trading session, reaching $28.6. Control4 Corporation (NASDAQ:CTRL) has risen 139.51% since January 14, 2017 and is uptrending. It has underperformed by 16.70% the S&P500.

Investors sentiment decreased to 1.06 in Q3 2017. Its up 0.20, from 0.94 in 2017Q2. It worsened, as 31 investors sold EWBC shares while 116 reduced holdings. 52 funds opened positions while 42 raised stakes. It does not invest in startups, publicly traded companies, real estate developments, project finance opportunities, gas and oil exploration businesses, troubled companies, turnarounds, and companies in which significant senior management is departing. 259.60 million shares or 1.44% more from 255.91 million shares in 2017Q2 were reported. Connor Clark And Lunn Investment Mgmt Limited invested in 45,481 shares.

Gagnon Advisors Llc holds 5.77% of its portfolio in Rudolph Technologies, Inc. for 289,547 shares. Savings Bank Of Nova Scotia invested in 50,582 shares or 0.01% of the stock. Susquehanna Intll Gp Llp reported 93,921 shares. APG Asset Management N.V. now owns 3,392,370 shares of the data storage provider's stock valued at $112,525,000 after purchasing an additional 135,300 shares during the last quarter. CTRL's SI was 1.30 million shares in January as released by FINRA. Mufg Americas has invested 0% in Control4 Corporation (NASDAQ:CTRL).

Among 22 analysts covering Criteo SA (NASDAQ:CRTO), 11 have Buy rating, 0 Sell and 11 Hold. T-Mobile US had 71 analyst reports since August 3, 2015 according to SRatingsIntel. On Tuesday, July 25 the stock rating was maintained by Benchmark with "Hold". The firm has "Sell" rating given on Thursday, April 14 by Citigroup. RBC Capital Markets maintained the stock with "Hold" rating in Monday, June 5 report. Zacks Investment Research upgraded shares of Seagate Technology from a "hold" rating to a "buy" rating and set a $43.00 target price for the company in a research note on Thursday, October 26th. On Friday, August 12 the stock rating was maintained by Imperial Capital with "In-Line". The rating was maintained by FBN Securities on Tuesday, October 11 with "Sector Perform". 100,000 shares were sold by LUCZO STEPHEN J, worth $4.90 million. The firm earned "Hold" rating on Monday, November 2 by Maxim Group. RBC Capital Markets maintained the shares of STX in report on Tuesday, October 24 with "Hold" rating. The rating was maintained by Barclays Capital on Tuesday, October 24 with "Underweight". Stifel Nicolaus has "Hold" rating and $61.0 target. The company was maintained on Wednesday, October 12 by Brean Capital. Jefferies maintained Seagate Technology plc (NASDAQ:STX) rating on Tuesday, July 18. The rating was downgraded by Jefferies to "Hold" on Monday, September 11. The company has market cap of $264.96 million. The stock has "Neutral" rating by Credit Suisse on Monday, January 9. The rating was initiated by BMO Capital Markets on Friday, December 11 with "Market Perform".

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Ratings analysis reveals 31% of Seagate Tech's analysts are positive. Wells Fargo Mn owns 1.00M shares for 0.02% of their portfolio. STX's profit will be $332.71 million for 11.14 P/E if the $1.15 EPS becomes a reality. Sentinel Trust Com Lba invested 0.11% of its portfolio in Seagate Technology plc (NASDAQ:STX).

Seagate Technology earned a news sentiment score of 0.18 on Accern's scale. Its up 0.09, from 1.79 in 2017Q2. It is positive, as 36 investors sold A. O. Smith Corporation shares while 132 reduced holdings. ValueAct Holdings L.P. raised its position in Seagate Technology by 55.3% during the 3rd quarter. Brandywine Inv Mngmt Limited Liability Co, Pennsylvania-based fund reported 185 shares. Whittier Tru Co Of Nevada Incorporated reported 3,707 shares. Ww Asset Management owns 24,868 shares or 0.03% of their U.S. portfolio. Point72 Asia (Hong Kong) Ltd reported 2,761 shares. Macquarie Group Ltd stated it has 4.44M shares or 0.48% of all its holdings. Wellington Shields Management Limited Liability Company holds 0.59% or 74,850 shares. Seagate Technology PLC's dividend payout ratio is presently 200.00%. Equities research analysts expect that Seagate Technology PLC will post $3.76 EPS for the current year. Kbc Nv holds 241,727 shares. State Board of Administration of Florida Retirement System grew its stake in Seagate Technology by 32.7% during the second quarter. Lsv Asset Mgmt has invested 0.36% in Seagate Technology plc (NASDAQ:STX). Shares of Seagate have outperformed the industry in the past one year.

Seagate Technology plc is maintained at an average hold rating by 29 stock analysts, and there are at least 14.78% of shares outstanding that are now legally short sold.

Holowesko Partners Ltd, which manages about $4.09B and $1.26B US Long portfolio, upped its stake in Fluor Corp New (NYSE:FLR) by 329,000 shares to 2.13 million shares, valued at $89.55 million in 2017Q3, according to the filing.

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