Here’s how analysts see Seagate Technology plc (NASDAQ:STX) after this past week.

December 7, 2017 - By Kurt Siggers

 Here's how analysts see Seagate Technology plc (NASDAQ:STX) after this past week.
Investors sentiment decreased to 1.3 in Q2 2017. Its down 0.03, from 1.33 in 2017Q1. It fall, as 64 investors sold Seagate Technology plc shares while 133 reduced holdings. 73 funds opened positions while 183 raised stakes. 255.91 million shares or 1.00% more from 253.38 million shares in 2017Q1 were reported.
Moreover, Commonwealth Of Pennsylvania Public School Empls Retrmt System has 0.01% invested in Seagate Technology plc (NASDAQ:STX). Winslow Evans And Crocker Incorporated owns 14,200 shares. Pggm owns 176,484 shares or 0.03% of their US portfolio. Kwmg Lc, a Kansas-based fund reported 36,491 shares. Amer Century Cos Inc has 380,970 shares for 0.02% of their portfolio. Voya Mgmt Ltd Com holds 0.01% of its portfolio in Seagate Technology plc (NASDAQ:STX) for 78,538 shares. Salient Capital Advisors Limited Liability invested in 0.06% or 73,029 shares. Loring Wolcott Coolidge Fiduciary Advsr Limited Liability Partnership Ma accumulated 56 shares or 0% of the stock. Ngam Advsrs Ltd Partnership has invested 0.11% in Seagate Technology plc (NASDAQ:STX). Vanguard Group stated it has 33.41 million shares or 0.06% of all its holdings. Alexandria Capital Ltd Liability Company has invested 0% of its portfolio in Seagate Technology plc (NASDAQ:STX). First Eagle Mngmt Ltd Company holds 0.04% of its portfolio in Seagate Technology plc (NASDAQ:STX) for 443,500 shares. Daiwa Securities Grp has invested 0% in Seagate Technology plc (NASDAQ:STX). Meag Munich Ergo Kapitalanlagegesellschaft Mbh stated it has 196,363 shares or 0.34% of all its holdings. 152,631 were accumulated by United Serv Automobile Association.

Since June 9, 2017, it had 0 buys, and 1 sale for $307,119 activity. 3,040 Seagate Technology plc (NASDAQ:STX) shares with value of $131,510 were sold by MORTON DAVID H JR.

Seagate Technology plc (NASDAQ:STX) Ratings Coverage

Among 33 analysts covering Seagate Technology Plc (NASDAQ:STX), 8 have Buy rating, 3 Sell and 22 Hold. Therefore 24% are positive. Seagate Technology Plc had 120 analyst reports since August 4, 2015 according to SRatingsIntel. Morgan Stanley maintained Seagate Technology plc (NASDAQ:STX) on Wednesday, July 26 with “Equal-Weight” rating. The rating was upgraded by Craig Hallum to “Buy” on Thursday, November 19. The stock of Seagate Technology plc (NASDAQ:STX) earned “Buy” rating by Needham on Friday, October 16. Citigroup maintained it with “Neutral” rating and $41 target in Tuesday, October 24 report. The firm earned “Hold” rating on Monday, September 4 by Cowen & Co. Needham upgraded Seagate Technology plc (NASDAQ:STX) rating on Wednesday, October 12. Needham has “Strong Buy” rating and $43 target. The rating was maintained by Needham on Monday, November 2 with “Buy”. The stock of Seagate Technology plc (NASDAQ:STX) earned “Underweight” rating by Barclays Capital on Tuesday, October 24. Craig Hallum maintained the stock with “Buy” rating in Wednesday, September 7 report. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, October 8. Below is a list of Seagate Technology plc (NASDAQ:STX) latest ratings and price target changes.

14/11/2017 Broker: Wells Fargo Rating: Hold New Target: $38.0 Initiate
23/10/2017 Broker: Robert W. Baird Rating: Hold New Target: $38.0 Maintain
24/10/2017 Broker: Barclays Capital Rating: Underweight Old Target: $29 New Target: $32 Maintain
23/10/2017 Broker: Cowen & Co Rating: Hold New Target: $39.0 Maintain
24/10/2017 Broker: Morgan Stanley Rating: Equal-Weight Old Target: $32 New Target: $37 Maintain
24/10/2017 Broker: UBS Rating: Sell New Target: $30.0 Maintain
24/10/2017 Broker: Maxim Group Rating: Hold New Target: $38.0 Maintain
24/10/2017 Broker: Citigroup Rating: Neutral Old Target: $34 New Target: $41 Maintain
24/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $40.0 Maintain
23/10/2017 Broker: KeyBanc Capital Markets Rating: Hold

The stock increased 1.02% or $0.4 during the last trading session, reaching $39.58. About 3.16 million shares traded. Seagate Technology plc (NASDAQ:STX) has risen 107.16% since December 7, 2016 and is uptrending. It has outperformed by 90.46% the S&P500.

Seagate Technology plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. The company has market cap of $11.45 billion. The firm makes and distributes hard disk drives, solid state drives and their related controllers, solid state hybrid drives, and storage subsystems. It has a 15.34 P/E ratio. The Company’s products are used in enterprise servers and storage systems applications; client compute applications, primarily for desktop and mobile computing; and client non-compute applications, including various end user devices, such as portable external storage systems, surveillance systems, network-attached storage, digital video recorders, and gaming consoles.

More recent Seagate Technology plc (NASDAQ:STX) news were published by: Fool.com which released: “How Seagate Technology, Plc. Shares Rose 11.5% in October” on November 10, 2017. Also Nasdaq.com published the news titled: “Jeff Ubben Buys KKR LP, Seagate Technology PLC, Sells Willis Towers Watson PLC …” on November 14, 2017. Realmoney.Thestreet.com‘s news article titled: “Why Seagate Technology’s Stock Is a Screaming Buy” with publication date: November 29, 2017 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.