Symantec Corporation (NASDAQ:SYMC) attracting analysts when it go through a change of -2.42% in the current trading session to trade at $31.84. A higher P/E allows an investor to expect higher earnings growth compared to the companies with a lower P/E. Symantec Corporation, (reader can compare this with other companies that he is interested in). Generally speaking, earnings are expected to grow in coming quarters.
4 investors had the stock in their top 10. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. Symantec Corporation (NASDAQ:SYMC) recently traded as high as $33.25. Northland Capital maintained it with "Buy" rating and $33.0 target in Monday, September 25 report. Comerica Bancshares holds 0.03% in Symantec Corporation (NASDAQ:SYMC) or 148,098 shares. Finally, Moffett Nathanson started coverage on Symantec Corporation in a research note on Wednesday, September 6th. On September 5 analysts at Credit Suisse released its first research report on the stock by announcing an initial rating of "Outperform". The company has a consensus rating of "Hold" and an average target price of $31.42.
Symantec Corporation (NASDAQ SYMC) opened at 32.63 on Monday. A low ratio specifies that the company is possibly undervalued, while a higher than average P/S may suggest overvaluation. The company's market cap is $20.66 Billion, and the average volume is 6.76 Million. The company's 50-day moving average price is $31.81 and its 200 day moving average price is $30.50. On Friday, May 19 Divol Roxane sold $560,916 worth of Symantec Corporation (NASDAQ:SYMC) or 19,117 shares.
Earnings-per-share (EPS) ratio for SYMC is -0.67, exhibiting the allocation of the profit to each of its outstanding share of common stock. Symantec Corporation had a positive return on equity of 10.73% and a negative net margin of 8.68%. The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.20 billion. The business's revenue was up 38.9% on a year-over-year basis. The stock closing price is now trading upward to its 50 day moving average with change of 9.77%, escalated to its 20 day moving average with figure of 2.42% and above its 200 day moving average with value 14.77%. Zacks Investment Research lowered shares of Symantec Corporation from a "hold" rating to a "sell" rating in a report on Monday. If you are reading this story on another site, it was illegally copied and republished in violation of USA & global trademark and copyright legislation. The correct version of this report can be read at https://weekherald.com/2017/10/10/symantec-corporation-symc-holdings-lessened-by-dimensional-fund-advisors-lp.html. Additionally the company recently declared a dividend for shareholders that was paid on Wednesday the 13th of September 2017. Vanguard Group accumulated 7.30 million shares or 0.01% of the stock. The ex-dividend date was set for Thursday the 17th of August 2017. This represents a $0.30 annualized dividend and a yield of 0.92%. Symantec's dividend payout ratio is presently 9.35%. Sold All: 54 Reduced: 167 Increased: 146 New Position: 65. The stock was sold at an average price of $32.81, for a total transaction of $82,025.00. Given that its average daily volume over the 30 days has been 206.89 million shares a day, this signifies a pretty significant change over the norm. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Spirit of America Management Corp NY now owns 26,200 shares of the technology company's stock worth $740,000 after purchasing an additional 2,350 shares during the last quarter. The stock was sold at an average price of $29.85, for a total value of $64,565.55. About 4.49M shares traded. The Boussard & Gavaudan Investment Management Llp holds 8.46M shares with $1.14 billion value, up from 6.73M last quarter. On Thursday, June 1 the insider Garfield Mark S. sold $342,626.
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Institutional investors have recently added to or reduced their stakes in the stock. Moreover, Scge Management L.P. has 8.07% invested in the company for 1.13 million shares. Some are: Adi Capital Management Llc, Bluemountain Capital Management Llc, Quantres Asset Management Ltd, Ratan Capital Management Lp, Gsa Capital Partners Llp, Js Capital Management Llc, Minneapolis Portfolio Management Group Llc, Airain Ltd, Contour Asset Management Llc, Coatue Management Llc. Numeric Investors LLC boosted its holdings in Symantec Corporation by 168.5% during the second quarter. Catalyst Capital Advsrs Ltd accumulated 45,000 shares or 0.05% of the stock. The share price was last seen -3.8% lower, reaching at $32.63 on October 09, 2017. Employees Retirement System Of Texas stated it has 0.01% of its portfolio in Symantec Corporation (NASDAQ:SYMC). Shares of FOLD have increased 12.07% in the past three months.
Several other institutional investors and hedge funds have also made changes to their positions in the business.
Symantec Corporation is a United States-based cyber security company. The Company is developing solutions for cloud, threat protection, information protection and cyber security services.