Wall Street sell-side research analysts covering Symantec Corporation (NASDAQ:SYMC) shares have recently provided various price target projections on where the stock might be going. Symantec Corporation accounts for roughly 0.9% of Myriad Asset Management.'s investment portfolio, making the share its 26th biggest holding. $111,890 worth of Symantec Corporation (NASDAQ:SYMC) was sold by Cappellanti-Wolf Amy L. on Monday, June 5.
A number of analysts recently commented on the company. Sands now owns $1,301,580 of the stock according to the SEC filing. Brokerage firms predict that Symantec Corporation to post $1.81 earnings per share for the financial year. Closing price generally refers to the last price at which a stock trades during a regular trading session. Northwestern Mutual Wealth Management Co. raised its stake in Symantec Corporation by 7.9% in the second quarter. The EVP now owns $8,180,456 of the stock per the Form 4 SEC filing. Sun Life Financial INC increased its stake in Symantec Corporation by 44,100.0% in the 2nd quarter. Currently Symantec Corporation (SYMC) stock is moving with Upswing trend. Finally, Renaissance Technologies LLC boosted its holdings in Symantec Corporation by 405.7% in the 2nd quarter. CI Global Investments Inc. bought a new position in Symantec Corporation in the 2nd quarter worth $186,563,000. Laurion Management LP owns 125,000 shares.
Traders are more bearish on shares of Symantec Corporation if you pay attention to the motion in short interest. The Beutel Goodman & Co Ltd holds 6.11 million shares with $108.74 million value, down from 7.25 million last quarter.
For this SYMC's 20 days and 50 days MA (moving average) comparison clear the blur picture. Morgan Stanley upgraded Symantec Corporation (NASDAQ:SYMC) on Tuesday, December 15 to "Overweight" rating.
VEON Ltd. (VEON) failed to surprise the stock market in its last reported earnings when it earned -$0.07 a piece versus the consensus-estimated $0.11. It has a return on equity (ROE) of -10.20%. The sell-side analysts are projecting earnings per share of $1.67 for the next fiscal quarter. The technology business posted $0.15 EPS for the period, topping analysts' average forecasts of $0.12 by $0.03. The company's quarterly revenue was up 38.9% compared to the same quarter previous year.
Looking forward, the company's quarterly earnings are expected to come at $0.26 in the three months through September 2017 and $0.35 in the quarter ending December 2017, reflecting 73.33% and 59.09% growth, respectively. Citigroup maintained the shares of SYMC in report on Monday, August 22 with "Buy" rating. The dividend payment was $0.075 per share for the quarter or $0.30 on an annualized basis. Robert W. Baird maintained the shares of SYMC in report on Thursday, August 3 with "Hold" rating. Symantec Corporation's dividend payout ratio (DPR) is now -49.18%.
WARNING: This news story was originally published by TrueBlueTribune and is owned by of TrueBlueTribune. If you are viewing this news story on another website, it was stolen and reposted in violation of U.S. & worldwide copyright and trademark legislation. The original version of this story can be viewed at https://weekherald.com/2017/09/16/symantec-corporation-symc-evp-sells-499418-55-in-stock.html. 11,949 Apple Inc. (NASDAQ:AAPL) shares with value of $1.86M were sold by Riccio Daniel J. Shares for $735,898 were sold by Maestri Luca on Friday, June 2.
Among new and sold out positions, 71 holders initiated new positions by a total of 18.16 million shares and 72 holders exited their positions by a total of 39.56 million shares. The transaction related to this sale was declared in a document with the securities and exchange commission, which is accessible through this hyperlink. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance. It also reduced Citrix Sys Inc (NASDAQ:CTXS) stake by 7,143 shares and now owns 45,465 shares. The disclosure for this sale can be found here.
Tesla, Inc. most recently reported earnings per share (EPS) of -$1.33 for the June 2017 versus -$1.06 in the same quarter previous year, representing 25% growth. For the most recent period which ended on N/A, Symantec Corporation's EPS was reported as $N/A. Moffett Nathanson assumed coverage on Symantec Corporation in a research report on Wednesday, September 6th. They noted that the move was a valuation call. The stock rose 0.94% or $0.31 reaching $33.26 per share. Goldman Sachs Group, Inc. The rating was upgraded by Standpoint Research to "Buy" on Thursday, June 29. They set a "neutral" rating and a $33.00 price target on the stock. One research analyst has rated the stock with a sell rating, sixteen have issued a hold rating and thirteen have assigned a buy rating to the company's stock. Symantec Corporation now has a consensus rating of "Hold" and an average target price of $31.54.
Symantec Corporation is a United States-based cyber security company. The Company is developing solutions for cloud, threat protection, information protection and cyber security services. Under threat protection, it offers Advanced Threat Protection, Endpoint Protection, Endpoint Protection Cloud, IT Management Suite, Email Security.Cloud, Data Center Security and Cloud Workload Protection products.