The Symantec (SYMC) Rating Increased to Hold at BidaskClub

Marco Green
March 9, 2018

Rockwell Automation had 65 analyst reports since September 9, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the stock with "Hold" rating in Monday, July 17 report. The rating was maintained by UBS with "Buy" on Monday, November 23. The company was maintained on Friday, August 5 by Wunderlich. Macquarie Research has "Neutral" rating and $51 target. Citigroup has "Hold" rating and $19100 target. On Tuesday, June 13 the stock rating was maintained by Jefferies with "Sell". Credit Suisse maintained the shares of ROK in report on Friday, April 28 with "Hold" rating.

Jonathan Soros decreased its stake in Symantec Corp (SYMC) by 20.79% based on its latest 2017Q3 regulatory filing with the SEC. It dropped, as 48 investors sold SYMC shares while 170 reduced holdings. The Coatue Management Llc holds 7.97M shares with $261.52M value, down from 17.90 million last quarter.

Symantec (NASDAQ SYMC) traded down $0.53 during midday trading on Wednesday, reaching $27.02. About 1.66 million shares traded. While for the Next 5 years, the company could expect a growth of 10.15% per annum, whereas in the past Five years Symantec Corporation (NASDAQ:SYMC) showed a growth of -8.41 Percent per annum. It has outperformed by 55.12% the S&P500.

Investors sentiment increased to 0.92 in Q3 2017. This represents a $0.30 annualized dividend and a yield of 1.11%. It also reduced its holding in American Axle & Mfg Hldgs In (NYSE:AXL) by 469,343 shares in the quarter, leaving it with 2.39 million shares, and cut its stake in Noble Energy Inc (NYSE:NBL). 55 funds opened positions while 133 raised stakes. Js Capital Management Llc sold 105,000 shares as the company's stock rose 0.76% with the market. Hm Payson & has 0.13% invested in PPL Corporation (NYSE:PPL). Pacific Alternative Asset Mgmt Ltd holds 0.13% in Symantec Corporation (NASDAQ:SYMC) or 35,525 shares. Professional Advisory Svcs invested in 2,023 shares or 0.07% of the stock. South Dakota Council owns 19,200 shares or 0.01% of their USA portfolio. Shell Asset Management owns 107,369 shares. Ahl Partners Llp has invested 0.02% in Symantec Corporation (NASDAQ:SYMC). State Street Corporation stated it has 235,679 shares. Oregon Employees Retirement Fund holds 303,509 shares. United Bank Inc. purchased a new stake in shares of Symantec during the third quarter worth about $200,000. Mason Street Advsr Limited Liability Com reported 85,309 shares or 0.07% of all its holdings.

Investors sentiment increased to 0.92 in 2017 Q3. Carderock Capital Management Inc who had been investing in Home Depot for a number of months, seems to be bullish on the $208.54B market cap company.

The company reported its last earnings Actual EPS of $0.49/share. Wespac Advisors Ltd Limited Liability Company holds 11,134 shares. The stock price declined -7.39% in three months and decreased -9.71% for the last six months trading period. About 47,025 shares traded. (NYSE:HD) has risen 18.65% since March 8, 2017 and is uptrending. It has underperformed by 14.27% the S&P500.

In the liquidity ratio analysis; current ratio was 1.2 while Total Debt/Equity ratio was 1.13. Brandywine Global Management Llc, Pennsylvania-based fund reported 518 shares. The firm also provides MicroStrategy Mobile, a vehicle for mobilizing an organizationÂ's information systems, including its data warehouses, business intelligence, ERP, CRM, and Web applications that are accessible on the desktop; and Usher, a digital credential and identity intelligence that enable organizations to dematerialize the traditional forms of identity verification and replace them with a single mobile identity badge.

Since September 12, 2017, it had 0 insider buys, and 6 sales for $2.52 million activity. 2,000 Symantec Corporation (NASDAQ:SYMC) shares with value of $67,016 were sold by Sands Anita M. Shares for $348,668 were sold by TAYLOR SCOTT C on Monday, September 25. Shares for $147,836 were sold by Cappellanti-Wolf Amy L. on Thursday, September 14. Vautrinot Suzanne M sold $82,025 worth of stock. Divol Roxane sold 15,111 shares worth $499,352.

Symantec Corporation (NASDAQ:SYMC) has received a consensus recommendation of "Hold" from the twenty-eight research firms that are now covering the stock, Marketbeat.com reports. Therefore 29% are positive. PPL Corporation had 43 analyst reports since August 5, 2015 according to SRatingsIntel. The stock has "Neutral" rating by Citigroup on Thursday, January 21. The firm has "Sector Perform" rating given on Friday, May 19 by RBC Capital Markets. The company was maintained on Wednesday, September 13 by Canaccord Genuity. Evercore maintained the shares of SYMC in report on Thursday, August 3 with "Hold" rating. The stock has "Equal-Weight" rating by Morgan Stanley on Tuesday, October 10. The stock has "Hold" rating by Oppenheimer on Friday, August 18. The stock of Symantec Corporation (NASDAQ:SYMC) has "Hold" rating given on Monday, October 9 by Standpoint Research. The firm earned "Outperform" rating on Thursday, November 2 by Oppenheimer.

Symantec (NASDAQ:SYMC) last posted its earnings results on Wednesday, January 31st. During the same quarter in the previous year, the firm earned $0.32 earnings per share. While to figure out more clear vision, firm's returns on investment calculated as -0.60%; it gives answer about efficiency of different investments in different securities.

EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS growth stands at 68.80%, and looking further price to next year's EPS growth is 11.74%.

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