Western Digital (WDC) Receives $111.27 Consensus PT from Analysts

The Whispers about Honeywell International Inc. (HON) and Western Digital Corporation (WDC)

The Whispers about Honeywell International Inc. (HON) and Western Digital Corporation (WDC)

In recent trading day Western Digital Corporation (WDC) stock showed the move of -2.22% with the closing price of $92.18. About 1.52M shares traded. MSCI Inc. (NYSE:MSCI) has risen 59.43% since March 28, 2017 and is uptrending. It has outperformed by 35.07% the S&P500.

Dorsey Wright & Associates decreased its stake in Best Buy Inc Com (BBY) by 79.69% based on its latest 2017Q4 regulatory filing with the SEC. Highbridge Capital Management Llc bought 178,365 shares as the company's stock rose 14.25% while stock markets declined. Ameriprise Fincl has invested 0.14% in Western Digital Corporation (NASDAQ:WDC). The data storage provider reported $3.95 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $3.51 by $0.44.

Western Digital Corporation (NASDAQ: WDC) has a beta of 0.97, contrast to a beta of 1 for the market, which implies that the stock's price movements are less extreme than the market as a whole. It has outperformed by 5.77% the S&P500. Bank of Montreal Can now owns 1,232,616 shares of the data storage provider's stock worth $98,029,000 after acquiring an additional 897,108 shares in the last quarter. Another trade for 2,083 shares valued at $252,585 was sold by Pettit CD Baer.

Winslow Evans & Crocker Inc, which manages about $600.60 million and $311.16 billion US Long portfolio, decreased its stake in Enterprise Prods Partners L (NYSE:EPD) by 1,098 shares to 109,380 shares, valued at $2.90B in 2017Q4, according to the filing. Intuit (NASDAQ:INTU) was reduced too. Therefore 58% are positive.

Twitter dived 12.03 per cent after a report from Citron Research warned the company was vulnerable to a regulatory crackdown over its data privacy policies. The firm has "Strong Buy" rating given on Thursday, January 26 by Needham. Morgan Stanley has "Equal-Weight" rating and $129 target. Truenorth reported 13,528 shares. The rating was maintained by Guggenheim with "Buy" on Tuesday, March 13. The firm has "Buy" rating given on Tuesday, June 27 by FBN Securities. (NYSE:MSCI) on Monday, November 2 to "Market Perform" rating. Eleven investment analysts have rated the stock with a hold rating, twenty-four have given a buy rating and two have given a strong buy rating to the company's stock. They issued a "hold" rating and a $90.00 price target on the stock. The stock of MSCI Inc. (NYSE:MSCI) earned "Buy" rating by UBS on Friday, March 2.

Investors sentiment decreased to 1.03 in 2017 Q4. Its the same as in 2017Q3. Argi has 0.19% invested in Public Service Enterprise Group Incorporated (NYSE:PEG) for 55,870 shares. Miles Cap reported 0.5% in Targa Resources Corp. 571,570 are owned by Glenmede Tru Na. Ksa Capital Ltd Liability holds 0.62% or 4,000 shares. Great West Life Assurance Can holds 0.02% or 72,437 shares. Shell Asset Management holds 0.1% or 92,935 shares. From the start of year 2017 to present date WDC reported surged performance of 15.91%. 39,110 are owned by Bridgecreek Investment Mngmt Ltd Liability. Yhb Inv has 0.21% invested in General Electric Company (NYSE:GE). (NYSE:MSCI) for 13,300 shares. Cadence Capital Mngmt, Massachusetts-based fund reported 49,637 shares. Tokio Marine Asset Mgmt Limited owns 88,900 shares. Moreover, First Republic Inv has 0.01% invested in Best Buy Co., Inc.

Among 36 analysts covering Western Digital (NASDAQ:WDC), 25 have Buy rating, 1 Sell and 10 Hold. Therefore 0 are positive. Signature Bank had 69 analyst reports since July 22, 2015 according to SRatingsIntel. Western Digital now has a consensus rating of "Buy" and an average price target of $111.62. On Wednesday, October 11 the stock rating was maintained by Barclays Capital with "Overweight". Deutsche Bank maintained Western Digital Corporation (NASDAQ:WDC) on Wednesday, October 21 with "Buy" rating.

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Western Digital (NASDAQ:WDC) last posted its quarterly earnings data on Thursday, January 25th.

Sell-side Wall Street analysts will commonly offer stock price target estimates. Roth Capital maintained the stock with "Hold" rating in Thursday, January 4 report.

Redwood Investments Llc increased Rogers Corp (NYSE:ROG) stake by 61,923 shares to 120,148 valued at $19.45M in 2017Q4. (NYSE:BBY) for 4,171 shares. Wolverine World Wide Inc (NYSE:WWW) was raised too.

Investors sentiment decreased to 1.07 in 2017 Q4. Its down 0.19, from 0.69 in 2017Q3. It turned negative, as 68 investors sold WDC shares while 219 reduced holdings. 151 funds opened positions while 383 raised stakes. Smith Graham Invest Advsrs Lp stated it has 99,901 shares or 0.75% of all its holdings. Seizert Prns Limited Liability Corp owns 895,094 shares or 2.56% of their U.S. portfolio. Western Digital Corporation received interesting focus from Active Investors and it has been trading on front line as seeing to it recent volume. 243.21 million shares or 1.21% more from 240.32 million shares in 2017Q3 were reported. Fin Engines Advsr holds 23 shares or 0% of its portfolio. Jpmorgan Chase & owns 1.93 million shares. Harvest Cap Strategies Limited Liability Company invested in 300,000 shares. Macquarie Grp Limited holds 0.01% of its portfolio in Western Digital Corporation (NASDAQ:WDC) for 60,300 shares. M&R Capital has 200 shares for 0% of their portfolio.

Since January 29, 2018, it had 0 buys, and 11 sales for $24.09 million activity.

In other Western Digital news, EVP Michael Charles Ray sold 4,387 shares of Western Digital stock in a transaction that occurred on Monday, February 5th. MILLIGAN STEPHEN D also sold $1.39M worth of Western Digital Corporation (NASDAQ:WDC) shares. $942,109 worth of Western Digital Corporation (NASDAQ:WDC) shares were sold by Sivaram Srinivasan. Western Digital's dividend payout ratio is now 165.29%. They expect $2.97 earnings per share, up 43.48% or $0.90 from last year's $2.07 per share. WDC's profit will be $883.76 million for 7.73 P/E if the $2.97 EPS becomes a reality.

The current market cap of Western Digital Corporation is valued at $30.63B.

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