The market capitalization of the company is at $5.2 Billion. The stock increased 0.96% or $0.12 on November 10, reaching $12.62. About 6.60M shares traded.
Let's have a look at some of the important valuation ratios of the Brocade Communications Systems, Inc. (NASDAQ:BRCD) earned "Neutral" rating by Raymond James on Wednesday, November 2. It has outperformed by 41.77% the S&P500. BNCL's SI was 1.40 million shares in November as released by FINRA. Marcus & Millichap Inc (NYSE:MMI) has declined 0.91% since November 13, 2016 and is downtrending. It has underperformed by 8.87% the S&P500.
Investors sentiment decreased to 0.86 in Q2 2017. This represents a $0.22 annualized dividend and a dividend yield of 1.76%. 46 funds opened positions while 75 raised stakes. Natixis reported 39,394 shares. Havens Ltd Liability Company stated it has 560,000 shares. 54 are owned by Hudock Cap Limited. National Bank & Trust Of America De accumulated 0% or 1,305 shares. Zurcher Kantonalbank (Zurich Cantonalbank), a Switzerland-based fund reported 2,367 shares. Oppenheimer & Close Limited Co holds 2.76% of its portfolio in Beneficial Bancorp, Inc. (NASDAQ:BRCD) or 1.72M shares. Brandywine Glob Mgmt Lc holds 139,098 shares or 0.02% of its portfolio. That's a potential 12.21 increase relative to where Olin Corporation (NYSE:OLN) has been trading recently. The percentage of shares being held by the company management was 0.4% while institutional stake was 84.4%. Stevens Management Ltd Partnership owns 757,117 shares for 0.36% of their portfolio. Millennium Ltd Liability Com reported 0.05% stake. (NASDAQ:BNCL). D E Shaw & holds 0.02% or 652,700 shares in its portfolio. One investment analyst has rated the stock with a sell rating and five have assigned a hold rating to the company's stock. Therefore 59% are positive. Intrexon had 14 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of Beneficial Bancorp, Inc. (NASDAQ:BNCL) has "Hold" rating given on Monday, April 25 by Sandler O'Neill. (NASDAQ:BRCD) on Friday, September 29 with "Hold" rating. Brocade Communications Systems now has an average rating of "Hold" and a consensus target price of $12.83.
Rr Advisors Llc increased Western Gas Partners (NYSE:WES) stake by 59,000 shares to 1.65 million valued at $92.18 million in 2017Q2. Garde Capital owns 12,317 shares. Corning Inc (NYSE:GLW) was raised too. Cowen Inc. grew its position in Brocade Communications Systems by 73.2% in the 2nd quarter. RBC Capital Markets maintained the shares of BRCD in report on Thursday, August 24 with "Hold" rating. Therefore 15% are positive. Finally, Northern Trust Corp lifted its holdings in Brocade Communications Systems by 4.1% in the 2nd quarter. The firm has "Neutral" rating by Citigroup given on Thursday, September 22. Wunderlich maintained Brocade Communications Systems, Inc. (NASDAQ:BRCD) earned "Hold" rating by Deutsche Bank on Friday, August 26. The stock has "Market Perform" rating by BMO Capital Markets on Friday, December 11. The firm has "Buy" rating given on Thursday, February 18 by Wunderlich. The firm earned "Buy" rating on Friday, August 21 by Summit Research. (NASDAQ:BRCD) for 469,021 shares. Wells Fargo has "Hold" rating and $31.0 target. The firm has "Neutral" rating by Citigroup given on Friday, August 26. The stock has "Buy" rating by RBC Capital Markets on Friday, October 6. Brocade Communications Systems now has an average rating of "Hold" and an average price target of $12.83. The stock of Brocade Communications Systems, Inc. (NASDAQ:BRCD) to report earnings on November, 20. The company's quarterly EPS surprised Wall Street by as much as 3% to the upside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates. BRCD's profit will be $53.77M for 24.27 P/E if the $0.13 EPS becomes a reality. PNC Financial Services Group Inc. increased its holdings in shares of Brocade Communications Systems by 13.8% in the first quarter.
Investors sentiment decreased to 0.82 in 2017 Q2. Its down 0.10, from 1.2 in 2017Q1. It is negative, as 36 investors sold BRCD shares while 76 reduced holdings.
A number of other hedge funds have also recently made changes to their positions in the company. The volume of OLN witnessed a shift from 1.81 million shares, based on a 50-day average, to 1.79 million shares. Stephens Inv Mgmt Group Ltd Liability Co holds 0.31% or 209,673 shares. Pentwater Capital Management LP grew its position in Brocade Communications Systems by 26.9% in the 2nd quarter. (NASDAQ:BRCD) for 113,731 shares. Paloma Prns owns 0.01% invested in Brocade Communications Systems, Inc. The stock of Brocade Communications Systems, Inc. State Board Of Administration Of Florida Retirement System has invested 0.02% in Brocade Communications Systems, Inc. Madison Investment Holdg Inc stated it has 0.89% in Visa Inc (NYSE:V).
Brocade Communications Systems, Inc (Brocade) is a supplier of networking hardware, software and services, including storage area networking (SAN) solutions and Internet protocol (IP) networking solutions for businesses and organizations of various types and sizes. (NASDAQ:BRCD) for 21,655 shares. (NASDAQ:BRCD) for 927,697 shares.