Sei Investments Co. Reduces Stake in Seagate Technology Holdings plc (NASDAQ:STX) – Notice Global Internet

Sei Investments Co. down its holdings in Seagate Technology Holdings plc (NASDAQ:STX – Free Report) by 35.0% in the 1st quarter, according to the consort in its most past filing with the SEC. The concern owned 10,837 shares of the accumulation hardware provider’s hit after commerce 5,840 shares during the quarter. Sei Investments Co.’s holdings in Seagate Technology were worth $1,008,000 at the modify of the most past quarter.

Several another institutionalised investors and inclose assets hit also bought and oversubscribed shares of the business. Forsta AP Fonden upraised its holdings in Seagate Technology by 9.0% in the 1st quarter. Forsta AP Fonden today owns 44,700 shares of the accumulation hardware provider’s hit worth $4,159,000 after purchase an added 3,700 shares during the period. Algonquin Municipal Retirement Fund upraised its holdings in Seagate Technology by 15.7% in the 1st quarter. Algonquin Municipal Retirement Fund today owns 60,702 shares of the accumulation hardware provider’s hit worth $5,648,000 after purchase an added 8,242 shares during the period. Oppenheimer & Co. Inc. upraised its holdings in Seagate Technology by 29.3% in the 1st quarter. Oppenheimer & Co. Inc. today owns 20,973 shares of the accumulation hardware provider’s hit worth $1,952,000 after purchase an added 4,752 shares during the period. Hilltop National Bank purchased a newborn function in shares of Seagate Technology in the 1st lodge valued at roughly $1,112,000. Finally, SG Americas Securities LLC upraised its wager in shares of Seagate Technology by 68.1% in the 1st quarter. SG Americas Securities LLC today owns 64,818 shares of the accumulation hardware provider’s hit valued at $6,031,000 after purchase an added 26,255 shares during the period. Hedge assets and another institutionalised investors possess 92.87% of the company’s stock.

Analyst Ratings Changes

A sort of investigate firms hit fresh commented on STX. Bank of USA restated a “buy” judgement and issued a $110.00 direct toll on shares of Seagate Technology in a investigate land on Wednesday, June 5th. StockNews.com upgraded Seagate Technology from a “hold” judgement to a “buy” judgement in a investigate land on Friday. Loop Capital upraised their direct toll on Seagate Technology from $105.00 to $135.00 and gave the consort a “buy” judgement in a investigate land on Wednesday. UBS Group upraised their direct toll on Seagate Technology from $110.00 to $120.00 and gave the consort a “neutral” judgement in a investigate land on Wednesday. Finally, Northland Securities upraised their direct toll on Seagate Technology from $119.00 to $142.00 and gave the consort an “outperform” judgement in a investigate land on Wednesday. Two assets analysts hit rated the hit with a delude rating, heptad hit appointed a stop judgement and dozen hit appointed a acquire judgement to the stock. Based on accumulation from MarketBeat.com, the consort has an cipher judgement of “Hold” and a consensus direct toll of $115.94.

Read Our Latest Report on STX

Seagate Technology Trading Down 0.3 %

Seagate Technology stock unsealed at $103.68 on Friday. The concern has a mart container of $21.77 billion, a price-to-earnings ratio of -80.37 and a beta of 1.02. The hit has a banknote period ultimate agitated cipher of $101.31 and a two-hundred period ultimate agitated cipher of $93.16. Seagate Technology Holdings plc has a 12 period baritone of $57.79 and a 12 period broad of $113.57.

Seagate Technology (NASDAQ:STX – Get Free Report) terminal posted its earnings results on Tuesday, July 23rd. The accumulation hardware bourgeois reportable $1.05 EPS for the quarter, superior analysts’ consensus estimates of $0.76 by $0.29. The playing had income of $1.89 1000000000 during the quarter, compared to shrink estimates of $1.87 billion. Seagate Technology had a perverse convey on justness of 8.41% and a gain edge of 5.11%. The company’s quarterly income was up 17.8% compared to the aforementioned lodge terminal year. During the aforementioned lodge terminal year, the consort attained ($0.29) EPS. On average, equities investigate analysts prognosticate that Seagate Technology Holdings plc module place 5.65 EPS for the underway business year.

Seagate Technology Announces Dividend

The consort also fresh unconcealed a quarterly dividend, which module be paying on Monday, Oct 7th. Investors of achievement on Monday, Sept 23rd module be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend consent of 2.70%. The ex-dividend fellow of this dividend is Monday, Sept 23rd. Seagate Technology’s payout ratio is currently -217.05%.

Insider Buying and Selling

In attendant news, SVP John Christopher Morris oversubscribed 5,928 shares of Seagate Technology hit in a dealings on Tuesday, June 11th. The hit was oversubscribed at an cipher toll of $99.99, for a amount continuance of $592,740.72. Following the termination of the sale, the grownup evilness chair today owns 12,185 shares of the company’s stock, valued at $1,218,378.15. The understanding was unconcealed in a filing with the Securities & Exchange Commission, which is reachable finished this hyperlink. In attendant news, SVP John Christopher Morris oversubscribed 5,928 shares of Seagate Technology hit in a dealings on Tuesday, June 11th. The hit was oversubscribed at an cipher toll of $99.99, for a amount continuance of $592,740.72. Following the termination of the sale, the grownup evilness chair today owns 12,185 shares of the company’s stock, valued at $1,218,378.15. The understanding was unconcealed in a filing with the Securities & Exchange Commission, which is reachable finished this hyperlink. Also, EVP Ban Seng Teh oversubscribed 9,703 shares of Seagate Technology hit in a dealings on Tuesday, May 14th. The hit was oversubscribed at an cipher toll of $95.00, for a amount continuance of $921,785.00. Following the termination of the sale, the chief evilness chair today direct owns 15,185 shares of the company’s stock, valued at roughly $1,442,575. The revealing for this understanding crapper be institute here. Insiders oversubscribed 47,648 shares of consort hit valued at $4,705,816 over the terminal 90 days. Company insiders possess 0.89% of the company’s stock.

About Seagate Technology

(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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