2 weeks Ago By Defense World Staff
Townsquare Capital LLC lifted its holdings in Seagate Technology Holdings plc (NASDAQ:STX – Free Report) by 5.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 4,743 shares of the data storage provider’s stock after acquiring an additional 257 shares during the quarter.
Townsquare Capital LLC’s holdings in Seagate Technology were worth $409,000 at the end of the most recent quarter. A number of other institutional investors also recently made changes to their positions in STX. JFS Wealth Advisors LLC boosted its position in Seagate Technology by 27.
0% during the fourth quarter. JFS Wealth Advisors LLC now owns 532 shares of the data storage provider’s stock valued at $46,000 after buying an additional 113 shares during the period. Human Investing LLC bought a new position in Seagate Technology during the 4th quarter worth approximately $48,000.
Mizuho Bank Ltd. lifted its position in Seagate Technology by 140.0% in the fourth quarter.
Mizuho Bank Ltd. now owns 600 shares of the data storage provider’s stock valued at $52,000 after purchasing an additional 350 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Seagate Technology during the third quarter valued at approximately $54,000.
Finally, S.A. Mason LLC purchased a new position in shares of Seagate Technology in the fourth quarter worth $55,000.
Hedge funds and other institutional investors own 92.87% of the company’s stock. Insider Buying and Selling at Seagate TechnologyIn other Seagate Technology news, CEO William D.
Mosley sold 20,000 shares of Seagate Technology stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $84.56, for a total value of $1,691,200.
00. Following the completion of the sale, the chief executive officer now owns 555,677 shares of the company’s stock, valued at approximately $46,988,047.12.
This trade represents a 3.47 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
0.81% of the stock is owned by company insiders. Analyst Ratings ChangesA number of brokerages have issued reports on STX.
Benchmark raised shares of Seagate Technology from a “hold” rating to a “buy” rating and set a $120.00 price target on the stock in a report on Wednesday, January 22nd. Northland Securities restated an “outperform” rating and set a $160.
00 price target (up previously from $144.00) on shares of Seagate Technology in a report on Wednesday, January 22nd. Barclays upped their price target on Seagate Technology from $95.
00 to $105.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 22nd. Morgan Stanley cut their price objective on Seagate Technology from $133.
00 to $129.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 21st. Finally, Bank of America decreased their target price on Seagate Technology from $130.
00 to $112.00 and set a “buy” rating for the company in a report on Thursday, March 13th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have issued a buy rating to the company.
Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $118.78.View Our Latest Stock Analysis on Seagate TechnologySeagate Technology Trading Up 4.
1 %Seagate Technology stock opened at $75.80 on Monday. Seagate Technology Holdings plc has a 12 month low of $63.
19 and a 12 month high of $115.32. The business’s fifty day simple moving average is $86.
90 and its two-hundred day simple moving average is $94.54. The company has a market capitalization of $16.
05 billion, a price-to-earnings ratio of 13.86 and a beta of 1.21.
Seagate Technology Dividend AnnouncementThe company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Wednesday, March 19th were given a dividend of $0.72 per share.
This represents a $2.88 annualized dividend and a yield of 3.80%.
The ex-dividend date of this dividend was Wednesday, March 19th. Seagate Technology’s dividend payout ratio (DPR) is 52.65%.
Seagate Technology Profile (Free Report)Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives.Featured StoriesFive stocks we like better than Seagate TechnologyHow to Invest in the FAANG StocksWith a 60%+ Upside, There’s Plenty to Love About LovesacWhat Are the U.
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