Micron Technology, Inc. (MU) Shares Bought by Parametric Portfolio Associates LLC

James Marshall
December 16, 2017

Fmr Llc bought 131,584 shares as the company's stock declined 36.48% while stock markets rallied. After $0.65 actual EPS reported by Employers Holdings, Inc. for the previous quarter, Wall Street now forecasts -13.85% negative EPS growth. Finally, J P Morgan Chase & Co lifted their target price on shares of Micron Technology from $50.00 to $55.00 and gave the company an "overweight" rating in a research note on Friday, November 10th. The stock increased 0.38% or $0.16 during the last trading session, reaching $42.4.

The company during the last trade was able to reach a volume of 1.2 million shares.

ILLEGAL ACTIVITY NOTICE: "Cowen Reiterates $50.00 Price Target for Micron Technology (NASDAQ:MU)" was published by TrueBlueTribune and is owned by of TrueBlueTribune. It has outperformed by 159.57% the S&P500.

Nippon Life Insurance Company increased its stake in Csx Corp (CSX) by 20.66% based on its latest 2017Q2 regulatory filing with the SEC. 240.48 million shares or 2.87% less from 247.59 million shares in 2017Q1 were reported. Swiss National Bank now owns 3,874,503 shares of the semiconductor manufacturer's stock valued at $152,384,000 after purchasing an additional 49,200 shares during the period. The company has market cap of $1.52 billion. About 115,260 shares traded or 22.98% up from the average. It has outperformed by 80.48% the S&P500. On Friday, September 15 the stock rating was maintained by BMO Capital Markets with "Hold". Morgan Stanley maintained the shares of YUM in report on Wednesday, September 28 with "Equal-Weight" rating. Stock Is an Enticing Buy Again" published on December 04, 2017 as well as Seekingalpha.com's news article titled: "Micron Portfolio Performance Update" with publication date: "December 12, 2017. At the moment, the stock is trading for about -15.33% less than its 52-week high. Stifel Nicolaus has "Buy" rating and $18 target. Barclays Capital has "Buy" rating and $60.0 target.

In other news, Director Mercedes Johnson sold 27,242 shares of the firm's stock in a transaction that occurred on Friday, April 28th. Following the completion of the sale, the vice president now directly owns 150,232 shares of the company's stock, valued at $4,807,424. It also reduced its holding in Wisdomtree Tr (EPI) by 151,024 shares in the quarter, leaving it with 157,451 shares, and cut its stake in Ishares (EWY). Its down 0.06, from 0.83 in 2017Q1. It increased, as 58 investors sold CSX shares while 339 reduced holdings. $1.26 million worth of Micron Technology, Inc. (NASDAQ:MU). Washington Fincl Bank, Washington-based fund reported 3,615 shares. The shares of the corporation went down by -7.77% during the previous month. Robeco Institutional Asset Mgmt Bv holds 0.11% or 543,571 shares. Amer Natl Ins Tx stated it has 9,600 shares or 0.02% of all its holdings.

Meag Munich Ergo Kapitalanlagegesellschaft Mbh reported 899,020 shares stake.

Several research firms have issued reports on MU. 25,877 are owned by Lmr Partners Limited Liability Partnership. First Allied Advisory Incorporated invested in 68,477 shares or 0.09% of the stock. Strs Ohio owns 2.40M shares. It also increased its holding in Intuit Inc (NASDAQ:INTU) by 22,226 shares in the quarter, for a total of 40,828 shares, and has risen its stake in Air Products & Chemicals Inc (NYSE:APD). (NASDAQ:MU). 85,697 are held by Insight Capital Rech &. Therefore 83% are positive. Donald Smith & Company Inc who had been investing in Micron Technology for a number of months, seems to be less bullish one the $48.90B market cap company. Citigroup maintained the shares of MU in report on Tuesday, August 29 with "Buy" rating. UBS maintained the shares of MU in report on Friday, September 9 with "Buy" rating. The firm has "Overweight" rating by Piper Jaffray given on Tuesday, August 11. (NASDAQ:MU). Lombard Odier Asset Mgmt (Europe) Limited has 12,751 shares. (NASDAQ:MU) on Thursday, March 31 with "Buy" rating. Mizuho maintained Micron Technology, Inc. The company was maintained on Wednesday, October 7 by RBC Capital Markets. (NASDAQ:MU) has "Neutral" rating given on Friday, October 9 by Mizuho. The brokerage now has an outperform rating on the semiconductor manufacturer's stock.

Investors sentiment increased to 1.08 in Q2 2017. The company has a quick ratio of 1.75, a current ratio of 2.34 and a debt-to-equity ratio of 0.51. It improved, as 63 investors sold Micron Technology, Inc. shares while 217 reduced holdings. 85 funds opened positions while 218 raised stakes. The semiconductor manufacturer reported $2.02 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.84 by $0.18. Its up 0.81% from 15.77M shares previously. Norinchukin Bankshares The owns 72,166 shares for 0.04% of their portfolio. Salem Investment Counselors Inc. grew its stake in Micron Technology by 76.0% in the 3rd quarter.

Shares of Micron Technology (NASDAQ:MU) opened at $42.40 on Thursday. Country Club Tru Na owns 0.08% invested in Micron Technology, Inc. (NASDAQ:MU) shares were sold by Mondry Lawrence N. Greenwood Assocs Limited Liability Company invested in 13,336 shares. Moody Commercial Bank Division invested 0.02% of its portfolio in Micron Technology, Inc. (NASDAQ:MU). 700,717 are owned by Oregon Public Employees Retirement Fund. Tarbox Family Office holds 0% or 170 shares. Pictet Cie (Europe) Sa reported 24,100 shares stake.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data on Tuesday, September 26th. (NASDAQ:MU) for 127,651 shares. Hodges Capital Mngmt holds 361,211 shares. (NASDAQ:MU) or 92,953 shares.

More notable recent Micron Technology, Inc. Brands, Inc. (NYSE:YUM) for 10 shares. Moreover, North Star Investment Mgmt Corporation has 0% invested in Micron Technology, Inc. Micron Technology had a net margin of 25.04% and a return on equity of 32.09%. They expect $0.56 EPS, down 41.05% or $0.39 from last year's $0.95 per share. MU's profit will be $2.44 billion for 5.02 P/E if the $2.12 EPS becomes a reality.

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