Seagate Technology (NASDAQ:STX) Given New $120.00 Price Target at Citigroup – Notice Global Internet

Seagate Technology (NASDAQ:STX – Free Report) had its toll direct upraised by Citigroup from $110.00 to $120.00 in a inform publicised on Friday, Benzinga reports. Citigroup currently has a acquire judgement on the accumulation hardware provider’s stock.

A sort of another investigate firms hit also weighed in on STX. Bank of USA reiterated a acquire judgement and issued a $110.00 direct toll on shares of Seagate Technology in a investigate land on Wednesday, June 5th. Loop Capital accumulated their direct toll on Seagate Technology from $105.00 to $110.00 and gave the hit a acquire judgement in a investigate land on Tuesday, June 4th. Benchmark restated a stop judgement on shares of Seagate Technology in a investigate land on Wednesday, Apr 24th. moneyman discoverer upgraded Seagate Technology from an coequal coefficient judgement to an fleshiness judgement and upraised their toll direct for the consort from $73.00 to $115.00 in a investigate land on Tuesday, March 26th. Finally, Wedbush upgraded Seagate Technology from a viewless judgement to an outperform judgement and ordered a $100.00 toll direct on the hit in a investigate land on Wednesday, May 1st. Two analysts hit rated the hit with a delude rating, octad hit issued a stop judgement and decade hit presented a acquire judgement to the company. Based on accumulation from MarketBeat.com, the hit currently has a consensus judgement of Hold and an cipher direct toll of $98.88.

Check Out Our Latest Report on Seagate Technology

Seagate Technology Stock Up 0.9 %

STX stock unsealed at $107.10 on Friday. The business’s banknote period ultimate agitated cipher is $98.90 and its two-hundred period ultimate agitated cipher is $91.52. Seagate Technology has a dozen period baritone of $57.32 and a dozen period broad of $108.97. The concern has a mart container of $22.49 billion, a price-to-earnings ratio of -83.02 and a beta of 1.02.

Seagate Technology (NASDAQ:STX – Get Free Report) terminal free its earnings results on Tuesday, Apr 23rd. The accumulation hardware bourgeois reportable $0.33 earnings per deal for the quarter, superior analysts’ consensus estimates of $0.29 by $0.04. The playing had income of $1.66 1000000000 during the quarter, compared to analysts’ expectations of $1.68 billion. During the aforementioned lodge in the preceding year, the playing attained ($0.43) EPS. The business’s income for the lodge was downbound 11.0% on a year-over-year basis. Research analysts wait that Seagate Technology module place 0.44 EPS for the underway year.

Seagate Technology Announces Dividend

The playing also fresh declared a quarterly dividend, which was paying on Friday, July 5th. Shareholders of achievement on Thursday, June 20th were paying a $0.70 dividend. The ex-dividend fellow of this dividend was Thursday, June 20th. This represents a $2.80 annualized dividend and a consent of 2.61%. Seagate Technology’s dividend payout ratio (DPR) is presently -217.05%.

Insider Buying and Selling at Seagate Technology

In another Seagate Technology news, EVP Ban Seng Teh oversubscribed 10,742 shares of Seagate Technology hit in a dealings dated Tuesday, June 11th. The hit was oversubscribed at an cipher toll of $100.00, for a amount continuance of $1,074,200.00. Following the transaction, the chief evilness chair today owns 5,042 shares in the company, valued at $504,200. The dealings was unconcealed in a jural filing with the Securities & Exchange Commission, which is acquirable finished the SEC website. In another Seagate Technology news, SVP John Christopher Morris oversubscribed 11,158 shares of the firm’s hit in a dealings dated Tuesday, May 7th. The hit was oversubscribed at an cipher toll of $90.00, for a amount continuance of $1,004,220.00. Following the termination of the sale, the grownup evilness chair today owns 17,767 shares of the company’s stock, valued at $1,599,030. The understanding was unconcealed in a filing with the SEC, which is acquirable finished this hyperlink. Also, EVP Ban Seng Teh oversubscribed 10,742 shares of the firm’s hit in a dealings dated Tuesday, June 11th. The hit was oversubscribed at an cipher toll of $100.00, for a amount continuance of $1,074,200.00. Following the termination of the sale, the chief evilness chair today direct owns 5,042 shares of the company’s stock, valued at roughly $504,200. The revealing for this understanding crapper be institute here. Insiders hit oversubscribed 37,531 shares of consort hit worth $3,592,946 over the terminal quarter. Insiders possess 0.89% of the company’s stock.

Institutional Investors Weigh In On Seagate Technology

Several institutionalised investors hit fresh additional to or low their wager in STX. Farmers & Merchants Trust Co of Chambersburg PA acquired a newborn wager in Seagate Technology in the ordinal lodge worth most $26,000. CVA Family Office LLC acquired a newborn wager in shares of Seagate Technology during the ordinal lodge worth most $27,000. Turtle Creek Wealth Advisors LLC acquired a newborn wager in shares of Seagate Technology during the ordinal lodge worth most $28,000. Northwest Financial Advisors acquired a newborn wager in shares of Seagate Technology during the ordinal lodge worth most $31,000. Finally, Exchange Traded Concepts LLC acquired a newborn wager in shares of Seagate Technology during the ordinal lodge worth most $43,000. Institutional investors and inclose assets possess 92.87% of the company’s stock.

Seagate Technology Company Profile

(Get Free Report)

Seagate Technology Holdings plc provides accumulation hardware profession and solutions in Singapore, the United States, the Netherlands, and internationally. It provides accumulation power hardware products, including project nearline hornlike round drives (HDDs), project nearline solidified land drives (SSDs), project nearline systems, recording and ikon HDDs, and network-attached hardware drives.

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