While, the analyst predicted that the company could provide an EPS of $0.43/share. The Atlantic Trust Group Llc holds 97,848 shares with $3.21M value, down from 110,381 last quarter. Weatherly Asset Management who had been investing in Symantec Corp for a number of months, seems to be bullish on the $17.90B market cap company.
The counter witnessed a trading volume of 5.73 million shares versus an average volume of 4.67 million shares during last trading session. About 6.71M shares traded or 22.06% up from the average. Symantec Corporation (NASDAQ:SYMC) has risen 71.82% since January 10, 2017 and is uptrending. It has outperformed by 55.12% the S&P500.
Capital Innovations Llc increased its stake in Schlumberger Ltd (SLB) by 51.38% based on its latest 2017Q3 regulatory filing with the SEC. After a recent check, it is observed that the insiders for the firm now own 0.90% shares. The hedge fund run by Christopher Lyle held 560,000 shares of the prepackaged software company at the end of 2017Q3, valued at $18.37M, down from 1.13 million at the end of the previous reported quarter. The stock has a market capitalization of $17,840.00, a price-to-earnings ratio of -49.60, a price-to-earnings-growth ratio of 2.98 and a beta of 1.07.
During the recent trading sessions stock of BB&T Corporation (NYSE:BBT) was gathering the crowd in the stock market. Eastman Chemical Company (NYSE:EMN) has risen 7.60% since January 12, 2017 and is uptrending. It has underperformed by 2.78% the S&P500.
SYMC has been the subject of a number of research analyst reports. Stifel Nicolaus has "Hold" rating and $27.0 target. On Thursday, August 3 the stock rating was maintained by Evercore with "Hold". Credit Suisse maintained the stock with "Buy" rating in Thursday, October 19 report. RBC Capital Markets maintained it with "Outperform" rating and $150 target in Wednesday, October 28 report. The rating was initiated by Standpoint Research with "Sell" on Friday, May 20. As per Thursday, August 20, the company rating was maintained by Deutsche Bank. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The firm has "Hold" rating given on Sunday, September 10 by RBC Capital Markets.
Analysts await Johnson & Johnson (NYSE:JNJ) to report earnings on January, 23. They expect $1.12 earnings per share, down 25.83% or $0.39 from last year's $1.51 per share. The technology company reported $0.40 earnings per share for the quarter, topping analysts' consensus estimates of $0.26 by $0.14.
Since August 7, 2017, it had 0 buys, and 7 insider sales for $8.11 million activity. In terms of relative volume, these shares are trading at 1.57x their normal volume.
Investors sentiment is 0.83 in 2017 Q3. Its down 0.09, from 0.95 in 2017Q2. It dived, as 48 investors sold SYMC shares while 170 reduced holdings. BlueMountain Capital Management LLC raised its stake in shares of Symantec Corporation by 37.3% in the second quarter. 115.86 million shares or 0.58% less from 116.54 million shares in 2017Q2 were reported. The target implies a -6.56% decrease from where the shares are now trading. Cipher Cap Lp has invested 0.12% of its portfolio in Symantec Corporation (NASDAQ:SYMC). The return on invested capital is at -0.6%, which is good, compared to its peers. Qs Investors accumulated 18,614 shares. Public Sector Pension Investment Board now owns 116,091 shares of the company's stock worth $2,385,000 after buying an additional 10,500 shares in the last quarter. Northwestern Mutual Wealth Management Co. now owns 3,982 shares of the technology company's stock valued at $112,000 after purchasing an additional 292 shares in the last quarter. The stock of Symantec Corporation (NASDAQ:SYMC) has "Buy" rating given on Tuesday, September 13 by Wunderlich. Suntrust Banks Inc has 0.12% invested in Eastman Chemical Company (NYSE:EMN). 123,981 were reported by Seidman Lawrence B. Banc Funds Lc stated it has 0.91% of its portfolio in Bankwell Financial Group, Inc. Edgestream Limited Partnership accumulated 10,761 shares or 0.19% of the stock. Parametric Portfolio Associates Ltd, a Washington-based fund reported 2.41 million shares.
Several institutional investors have recently modified their holdings of the stock. Walter And Keenan Financial Consulting Mi Adv reported 0.16% stake.
Bancorpsouth Inc holds 7.05% of its portfolio in Murphy USA Inc. for 1.04 million shares.
Since August 7, 2017, it had 0 buys, and 16 insider sales for $47.91 million activity. 15,111 shares valued at $499,352 were sold by Divol Roxane on Tuesday, September 12. The insider TAYLOR SCOTT C sold $450,000. Moreover, Advisory Service Networks Limited Liability Corp has 0.01% invested in Symantec Corporation (NASDAQ:SYMC) for 1,672 shares. Schwab Charles Inc owns 0.06% invested in Symantec Corporation (NASDAQ:SYMC) for 2.25 million shares.
Symantec Corporation (NASDAQ:SYMC) gross margin percentage stands at 77.8% while its operating margin for the past trailing twelve month is -5.4 percent and its overall profit margin (ttm) is -5.3 Percent.