Gilman Hill Asset Management LLC Has Lifted Seagate Technology Plc (STX) Stake by $4.26 Million; Share Value Declined

March 17, 2018 - By Vivian Currie

Investors sentiment decreased to 0.78 in 2017 Q3. Its down 0.52, from 1.3 in 2017Q2. It turned negative, as 73 investors sold STX shares while 163 reduced holdings. 57 funds opened positions while 126 raised stakes. 259.60 million shares or 1.44% more from 255.91 million shares in 2017Q2 were reported. Hsbc Public Limited Com holds 0.01% of its portfolio in Seagate Technology plc (NASDAQ:STX) for 164,045 shares. Hudock Cap Gru, Pennsylvania-based fund reported 929 shares. State Of Tennessee Treasury Department has 78,315 shares. Tiaa Cref Investment Mngmt Limited Liability Company, New York-based fund reported 74,937 shares. Moreover, South Dakota Investment Council has 0.28% invested in Seagate Technology plc (NASDAQ:STX). Kentucky Retirement Sys owns 18,236 shares. Guardian Inv Mgmt, a California-based fund reported 10,300 shares. Morgan Stanley holds 0.01% of its portfolio in Seagate Technology plc (NASDAQ:STX) for 1.48 million shares. Tower Capital Ltd Limited Liability Company (Trc) owns 603 shares for 0% of their portfolio. Ohio-based Sequoia Lc has invested 0.02% in Seagate Technology plc (NASDAQ:STX). Services Automobile Association invested 0.02% of its portfolio in Seagate Technology plc (NASDAQ:STX). Affinity Wealth Management reported 0.17% in Seagate Technology plc (NASDAQ:STX). Korea Investment invested in 0.04% or 251,938 shares. California Employees Retirement stated it has 902,788 shares. Cetera Advisors Ltd Liability Company reported 0.01% in Seagate Technology plc (NASDAQ:STX).

Since October 23, 2017, it had 0 insider purchases, and 13 insider sales for $32.55 million activity. Shares for $235,833 were sold by Geldmacher Jay L on Friday, February 23. On Tuesday, October 24 Moyo Dambisa F sold $339,965 worth of Seagate Technology plc (NASDAQ:STX) or 8,715 shares. 35,142 Seagate Technology plc (NASDAQ:STX) shares with value of $1.93M were sold by MORTON DAVID H JR. BRACE PHILIP G sold $242,000 worth of stock. On Tuesday, January 30 LUCZO STEPHEN J sold $18.79M worth of Seagate Technology plc (NASDAQ:STX) or 341,738 shares. Another trade for 14,175 shares valued at $781,850 was made by MURPHY JAMES J on Wednesday, January 31.

Gilman Hill Asset Management Llc increased its stake in Seagate Technology Plc (STX) by 801.91% based on its latest 2017Q3 regulatory filing with the SEC. Gilman Hill Asset Management Llc bought 129,132 shares as the company’s stock declined 9.82% while stock markets rallied. The institutional investor held 145,235 shares of the electronic components company at the end of 2017Q3, valued at $4.82 million, up from 16,103 at the end of the previous reported quarter. Gilman Hill Asset Management Llc who had been investing in Seagate Technology Plc for a number of months, seems to be bullish on the $17.12 billion market cap company. The stock increased 0.87% or $0.52 during the last trading session, reaching $60.09. About 7.07M shares traded or 48.52% up from the average. Seagate Technology plc (NASDAQ:STX) has risen 107.16% since March 17, 2017 and is uptrending. It has outperformed by 90.46% the S&P500.

Seagate Technology plc (NASDAQ:STX) Ratings Coverage

Among 34 analysts covering Seagate Technology Plc (NASDAQ:STX), 8 have Buy rating, 3 Sell and 23 Hold. Therefore 24% are positive. Seagate Technology Plc has $153 highest and $15 lowest target. $49.07’s average target is -18.34% below currents $60.09 stock price. Seagate Technology Plc had 135 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Seagate Technology plc (NASDAQ:STX) earned “Market Perform” rating by BMO Capital Markets on Wednesday, July 26. RBC Capital Markets maintained the shares of STX in report on Tuesday, July 25 with “Hold” rating. The stock has “Buy” rating by Brean Capital on Wednesday, October 12. The firm has “Buy” rating by Argus Research given on Thursday, February 4. UBS initiated the shares of STX in report on Thursday, September 10 with “Sell” rating. The stock of Seagate Technology plc (NASDAQ:STX) has “Neutral” rating given on Tuesday, October 24 by Citigroup. The stock of Seagate Technology plc (NASDAQ:STX) has “Market Perform” rating given on Friday, December 11 by BMO Capital Markets. The firm has “Buy” rating given on Wednesday, October 21 by Deutsche Bank. The rating was maintained by Cowen & Co with “Hold” on Monday, January 29. The company was maintained on Friday, February 23 by Stifel Nicolaus.

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.