Published: Sat, March 10, 2018
Business | By Kate Woods

Seagate Technology PLC (NASDAQ:STX) Holdings Lifted by Norinchukin Bank The

Seagate Technology plc, a Ireland based Company, belongs to Technology sector and Data Storage Devices industry. The institutional investor held 1.31 million shares of the health care company at the end of 2017Q3, valued at $46.86 million, down from 1.43 million at the end of the previous reported quarter. Seagate Technology Plc now has $16.39B valuation.

The beta factor is 1.78.Volatility shows sense of how far the stock will fall if the market takes a dive and how high stock will rise if the bull starts to climb. About 5.09M shares traded or 43.41% up from the average. Taking short look on returns of the firm, net profit margin recorded as 29.10% while operating profit margin was 10.80%, whereas price to sale ratio stands at 1.57 and it indicates how much investor paid for a share compared to the sales a company generated per share. It has outperformed by 90.46% the S&P500.

Wellington Management Group Llp increased its stake in Hardinge Inc (HDNG) by 6.83% based on its latest 2017Q3 regulatory filing with the SEC. Akre Capital Management Llc sold 15,390 shares as Moodys Corp (MCO)'s stock rose 1.64%. Avestar Capital LLC purchased a new stake in shares of Seagate Technology in the 4th quarter worth approximately $100,000.

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At the time of writing, the stock was trading at $60.19. Another trade for 1,758 shares valued at $64,679 was sold by CORNWELL W DON. McKesson Corporation (NYSE:MCK) has declined 15.45% since March 10, 2017 and is downtrending. It has outperformed by 98.78% the S&P500.

Since September 12, 2017, it had 0 insider purchases, and 9 selling transactions for $7.42 million activity. Sequoia Fincl Advsrs Lc reported 0.02% of its portfolio in Seagate Technology plc (NASDAQ:STX).

Seagate Technology (NASDAQ:STX) last released its quarterly earnings results on Monday, January 29th.

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In other Seagate Technology news, CFO David H. Morton, Jr. sold 35,142 shares of the firm's stock in a transaction on Monday, March 5th. In recent session, Seagate Technology plc (STX) traded 8.55 million shares at hands. The insider PARK CHONG SUP sold 4,026 shares worth $218,290. Its up 0.11, from 0.78 in 2017Q2. It is positive, as 53 investors sold PFE shares while 700 reduced holdings. 57 funds opened positions while 126 raised stakes. 234.63 million shares or 2.93% less from 241.71 million shares in 2017Q2 were reported. Peoples Svcs Corp invested in 104 shares. Moyo Dambisa F sold $339,965 worth of Seagate Technology plc (NASDAQ:STX) on Tuesday, October 24. The Connecticut-based Bridgewater Ltd Partnership has invested 0.04% in McKesson Corporation (NYSE:MCK).

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 $6.51M in 2017Q3, according to the filing. Commonwealth Bankshares Of Aus reported 160,973 shares. Thrivent Financial For Lutherans has 0% invested in Seagate Technology plc (NASDAQ:STX). Pinnacle Associates Ltd who had been investing in Seagate Technology Plc for a number of months, seems to be bullish on the $17.14B market cap company. Norinchukin State Bank The holds 25,783 shares or 0.02% of its portfolio. Tower Research Capital Limited (Trc) reported 1,745 shares stake. Seagate Technology plc (NASDAQ:STX) has risen 107.16% since March 10, 2017 and is uptrending. Salem Invest Counselors invested in 23 shares or 0% of the stock. Four research analysts have rated the stock with a sell rating, twenty-one have given a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the company. Therefore 24% are positive. The firm's quarterly revenue was up.7% compared to the same quarter last year. equities analysts expect that Seagate Technology PLC will post 4.87 EPS for the current year. The market capitalization of the company is $25.75 Billion. The stock of Seagate Technology plc (NASDAQ:STX) has "Hold" rating given on Wednesday, April 13 by Deutsche Bank. As per Tuesday, February 27, the company rating was downgraded by Barrington Research. The legal version of this piece of content can be viewed at They now have a neutral rating on the data storage provider's stock. SunTrust has "Hold" rating and $40.0 target. RBC Capital Markets downgraded the shares of STX in report on Monday, May 2 to "Sector Perform" rating. JP Morgan upgraded the shares of STX in report on Tuesday, October 11 to "Neutral" rating. The stock has "Buy" rating by Needham on Monday, November 2. (NASDAQ:HDNG). Cornerstone Cap Mngmt Holdg Ltd holds 0% or 2,400 shares. GALT institutional ownership is held at 10.3% while insider ownership was 7.5%.

Analysts await Seagate Technology plc (NASDAQ:STX) to report earnings on April, 25. STX's profit will be $353.19M for 11.87 P/E if the $1.24 EPS becomes a reality. After $0.62 actual earnings per share reported by Pfizer Inc. for the previous quarter, Wall Street now forecasts 12.90% EPS growth. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. Its up 0.34, from 1.01 in 2017Q2. State Treasurer State Of Michigan accumulated 2.42 million shares. 33 funds opened positions while 36 raised stakes. Thompson Davis Inc owns 125 shares or 0.01% of their United States portfolio. Amp Cap Investors Limited holds 0.05% or 245,760 shares. (NYSE:PFE) for 12,470 shares. Oregon Employees Retirement Fund holds 0.08% or 144,954 shares in its portfolio. Ajo Limited Partnership invested 0.13% of its portfolio in McKesson Corporation (NYSE:MCK). Vaughan Nelson Inv Management LP accumulated 289,272 shares. The New York-based Spark Investment Limited Liability Company has invested 0.51% in McKesson Corporation (NYSE:MCK). (NYSE:PFE) for 404,778 shares. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. Harvest Cap Incorporated stated it has 0.19% in Moody's Corporation (NYSE:MCO). As Galectin Therapeutics, Inc. has a P/S, P/E and P/B values of 0, 0 and 0 respectively. 341,738 shares were sold by LUCZO STEPHEN J, worth $18.79 million. On Thursday, October 12 the insider Herratti Jay sold $227,940. On Wednesday, January 3 MONAHAN MICHAEL P. sold $496,000 worth of Nutrisystem, Inc.

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