Published: Wed, January 31, 2018
Business | By Tara Barton

Seagate Technology PLC Stock Dips Despite Earnings Beat

Seagate Technology PLC Stock Dips Despite Earnings Beat

Cme Group Inc now has $52.80B valuation. The stock increased 1.43% or $1.1 during the last trading session, reaching $78.08. About 194,224 shares traded. AMETEK, Inc. (NYSE:AME) has risen 27.71% since January 28, 2017 and is uptrending. It has outperformed by 64.22% the S&P500.

The company reported its EPS on 9/29/2017. While for the next 5 years, the growth estimate is 15%.

Shares of Seagate Technology PLC (NASDAQ STX) traded up $0.31 during mid-day trading on Monday, reaching $55.25. The shares were sold at an average price of $48.40, for a total value of $242,000.00.

Several analysts have released their opinion on Seagate Technology plc (NASDAQ:STX), with 3 analysts believing it is a strong buy. It has outperformed by 19.53% the S&P500.

Investors sentiment decreased to 0.78 in 2017 Q3. Its up 0.21, from 0.99 in 2017Q2. It dived, as 51 investors sold PG shares while 765 reduced holdings. 34 funds opened positions while 64 raised stakes. 709.03 million shares or 0.92% less from 715.61 million shares in 2017Q2 were reported. Art Ltd Limited Liability Company holds 0.1% or 28,300 shares in its portfolio. Sumitomo Life Company invested 0.4% of its portfolio in CME Group Inc. It also upped Ambev Sa (NYSE:ABEV) stake by 295,718 shares and now owns 351,982 shares. Asset Mgmt One owns 446,479 shares for 0.03% of their portfolio. Qcm Cayman Limited owns 12,672 shares for 1.08% of their portfolio. Signature Financial Mgmt holds 0.37% in The Procter & Gamble Company (NYSE:PG) or 14,391 shares. 1,153 were reported by Wealthtrust.

The Altman Z-score is the output of a credit-strength test that gauges a publicly traded manufacturing company's likelihood of bankruptcy. Aull Monroe Inv Mngmt invested in 0.45% or 26,424 shares. 114.66 million shares or 2.52% less from 117.62 million shares in 2017Q2 were reported. Janus Henderson Group PLC now owns 2,700,947 shares of the data storage provider's stock worth $104,662,000 after purchasing an additional 2,664,861 shares in the last quarter. Verition Fund Ltd stated it has 8,817 shares. Proshare Advsr holds 0.01% of its portfolio in Acorda Therapeutics, Inc. Therefore 50% are positive. On Monday, October 23 the stock rating was maintained by Mizuho with "Hold". The rating was maintained by Needham on Thursday, October 20 with "Strong Buy". The firm has "Sell" rating by Credit Suisse given on Tuesday, December 5. The firm has "Hold" rating given on Monday, September 11 by Jefferies. Imperial Capital has "In-Line" rating and $20 target. The stock now has a consensus rating of "Hold" and a consensus price target of $45.37.

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On Tuesday, August 1 the insider BRACE PHILIP G sold $166,710. Shares for $6,350 were sold by LAWRENCE DAVID. $1.48 million worth of FedEx Corporation (NYSE:FDX) was sold by Subramaniam Rajesh on Thursday, September 21. O'Neill Michael John sold $4.32M worth of stock.

Investors sentiment decreased to 0.78 in Q3 2017. The stock has a market cap of $15,895.16, a price-to-earnings ratio of 13.43, a P/E/G ratio of 0.78 and a beta of 1.68. It is negative, as 73 investors sold STX shares while 163 reduced holdings. Ropes Wealth Advisors LLC raised its position in shares of Seagate Technology by 4.3% during the 2nd quarter. The Two Creeks Capital Management Lp holds 938,626 shares with $90.46M value, down from 1.23 million last quarter.

While taking a look at financials, we can look at a number of key indicators about Seagate Technology plc (STX). Finally, Parametric Portfolio Associates LLC lifted its stake in shares of Seagate Technology by 98.1% during the second quarter.

Gilman Hill Asset Management Llc, which manages about $250.11 million and $244.17M US Long portfolio, decreased its stake in Douglas Dynamics Inc (NYSE:PLOW) by 9,688 shares to 165,268 shares, valued at $6.51 million in 2017Q3, according to the filing. The insider now directly owns 949,578 shares worth $52,169,815. Return on Assets (ROA) value of the stock is 8.6 Percent. Commerzbank Aktiengesellschaft Fi stated it has 281,871 shares. Zebra Capital Mngmt Lc holds 18,911 shares or 0.34% of its portfolio. Todd Asset Management Limited Liability Company holds 0.35% or 380,363 shares. Nomura Holdg Inc holds 0% or 14,679 shares. Teacher Retirement Sys Of Texas invested in 408,554 shares or 0.08% of the stock. Moreover, Royal Commercial Bank Of Canada has 0.01% invested in Seagate Technology plc (NASDAQ:STX). The firm attains analyst recommendation of 3.10 on scale of 1-5 with week's performance of 4.41%. Therefore 24% are positive.

Seagate Technology PLC (NASDAQ:STX) yearly performance is 25.15% and net profit margin is 7.40%.

Quantbot Technologies Lp increased Us Concrete Inc (NASDAQ:USCR) stake by 9,119 shares to 9,242 valued at $705,000 in 2017Q3. UBS has "Sell" rating and $24 target. The firm earned "Buy" rating on Monday, July 17 by Jefferies. The stock has "Buy" rating by Panmure Gordon on Wednesday, May 18. KeyCorp reiterated a "hold" rating on shares of Seagate Technology in a research report on Monday, October 23rd. KeyBanc Capital Markets maintained VeriFone Systems, Inc. (NYSE:FL) on Monday, April 24 with "Buy" rating. The rating was maintained by RBC Capital Markets with "Sector Perform" on Wednesday, June 8. The stock has "Buy" rating by RBC Capital Markets on Wednesday, April 19. The firm earned "Buy" rating on Thursday, November 30 by BMO Capital Markets. As per Wednesday, October 12, the company rating was maintained by Brean Capital. (NASDAQ:RUSHA) on Thursday, February 11 to "Market Perform" rating. (NASDAQ:ACOR) or 282,688 shares. 0001 was raised too.

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