Micron Technology Inc Stock as Institutional Investors Enter

Adjust Comment Print

Evercore Wealth Management LLC now owns 10,236 shares of the semiconductor manufacturer's stock worth $141,000 after buying an additional 287 shares during the period. (NASDAQ:MU). Aperio Grp Incorporated Ltd Com, a California-based fund reported 511,131 shares. Finally, Global X Management Co. The stock increased 0.51% or $0.22 during the last trading session, reaching $43.04. About 397,671 shares traded or 91.79% up from the average. It has underperformed by 33.01% the S&P500. The institutional investor held 39,864 shares of the aerospace company at the end of 2017Q3, valued at $10.13 million, up from 7,378 at the end of the previous reported quarter.

The stock decreased 0.02% or $0.01 during the last trading session, reaching $42.81. About 4.64M shares traded or 42.37% up from the average.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings results on Tuesday, December 19th. It has outperformed by 40.07% the S&P500.

Investors sentiment increased to 1.16 in 2017 Q3. KR trades with a P/S ratio of 0.21. It turned negative, as 94 investors sold KR shares while 232 reduced holdings. 63 funds opened positions while 159 raised stakes. Hightower Advsr Lc reported 226,313 shares. D E Shaw & Inc has 1.66M shares for 0.05% of their portfolio. Northpointe Ltd Limited Liability Company has 118,927 shares for 0.5% of their portfolio. Meeder Asset reported 0.24% of its portfolio in The Kroger Co. 18 analysts recommended Overweight these shares while 0 recommended Underweight, according to FactSet data. Regent Ltd Llc holds 7,600 shares or 0.37% of its portfolio. Northwest Invest Counselors Llc invested in 0.03% or 438 shares. Hancock Holdings has 66,141 shares for 0.71% of their portfolio. Corporate insiders own 0.53% of the company's stock. SevenBridge Financial Group LLC now owns 2,550 shares of the semiconductor manufacturer's stock worth $100,000 after purchasing an additional 1,190 shares in the last quarter. Following the transaction, the director now directly owns 113,585 shares in the company, valued at approximately $4,853,487.05. Carnegie Asset Ltd Co has invested 1.62% in The Boeing Company (NYSE:BA). Coho Prtn Ltd reported 3.05% stake. Cowen & Co has "Outperform" rating and $22.0 target.

Analysts await The Kroger Co. (NYSE:KR) has gone weaker by -15.67%. During the same quarter past year, the firm posted $0.24 earnings per share. COL's profit will be $255.40M for 22.02 P/E if the $1.56 EPS becomes a reality. The company's revenue for the quarter was up 71.4% on a year-over-year basis. The company presently has an average rating of "Buy" and an average price target of $55.33. Therefore 23% are positive.

AT&T, Inc. (T) in the last quarter reported its actual EPS of $0.74/share where the analyst estimated EPS was $0.75/share. The rating was initiated by FBN Securities on Monday, September 11 with "Buy". The company was maintained on Tuesday, February 16 by Nomura. On Friday, December 8 the stock rating was reinitiated by Suntrust Robinson with "Hold". The rating was maintained by Topeka Capital Markets with "Buy" on Wednesday, December 23. The company was maintained on Monday, November 13 by BMO Capital Markets. On Monday, June 5 the stock rating was maintained by Pivotal Research with "Hold". First Citizens Bank & Trust Co. now owns 26,876 shares of the semiconductor manufacturer's stock valued at $1,105,000 after buying an additional 1,587 shares during the period. Citigroup maintained The Kroger Co. (NYSE:COL) has "Hold" rating given on Tuesday, October 25 by Canaccord Genuity. The company has the market capitalization of $224.79 Billion. (NYSE:GDDY) on Thursday, August 4 with "Buy" rating. Capital Research Global Investors now owns 39,794,346 shares of the semiconductor manufacturer's stock valued at $1,188,259,000 after acquiring an additional 31,616,346 shares in the last quarter. Its up 0.22, from 0.94 in 2017Q2.

Micron Technology, Inc. (NASDAQ:MU)'s earnings per share has been growing at a 44.2 percent rate over the past 5 year when average revenue increase was noted as 19.8 percent.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Lombard Odier Asset Mgmt (Switzerland) Sa reported 47,022 shares.

Ratings analysis reveals 83% of Micron Technology Inc.'s analysts are positive. Franklin Resource owns 21,748 shares or 0% of their USA portfolio. Voya Invest Mngmt Limited Liability has 479,804 shares.

More news: TRAI reduces worldwide termination rates
More news: Investors Are Turning Their Attention Towards General Electric Company (GE): Shares Move
More news: Candriam Luxembourg SCA Sells 14215 Shares of Merck & Co., Inc. (MRK)

Micron Technology, Inc. has a 12 month low of $9.35 and a 12 month high of $25.31. (NASDAQ:MU) has "Buy" rating given on Tuesday, June 6 by Morgan Stanley. (NASDAQ:MU). Moreover, Ameritas Investment Prtn has 0.07% invested in Micron Technology, Inc. (NASDAQ:MU) for 16,983 shares. Donald Smith & stated it has 12.11M shares or 11.46% of all its holdings.

Among 42 analysts covering Micron Technology Inc. Wafra Inv Advisory Group Ny invested 0.84% in Micron Technology, Inc.

Micron Technology (NASDAQ:MU)'s stock had its "outperform" rating restated by Credit Suisse Group in a report issued on Wednesday, December 20th, The Fly reports. (NASDAQ:MU). Envestnet Asset holds 170,340 shares.

The stock of Rapid7, Inc. (NASDAQ:MU) on Friday, September 29. $3.09M worth of Micron Technology, Inc. (NASDAQ:MU). Dekabank Deutsche Girozentrale reported 0.09% stake. As per Friday, April 15, the company rating was upgraded by Raymond James. Mizuho maintained the shares of MU in report on Tuesday, January 19 with "Neutral" rating. The firm has floated short ration of 4.42%, hold to candle to sentiment indicator; Short Ratio was 3.89. The company now has a consensus rating of "Buy" and a consensus target price of $55.33. The firm has "Buy" rating by M Partners given on Thursday, December 14. As per Sunday, September 24, the company rating was maintained by RBC Capital Markets. On Friday, January 8 the stock rating was maintained by Deutsche Bank with "Hold".

Since January 1, 0001, it had 0 insider buys, and 14 sales for $12.71 million activity.

In related news, Director Robert L. Bailey sold 3,000 shares of the stock in a transaction on Friday, December 1st. (NASDAQ:MU) during the third quarter, according to its most recent 13F filing with the SEC.

The 28 analysts offering 12-month price forecasts for Micron Technology Inc have a median target of 58.00, with a high estimate of 85.00 and a low estimate of 43.00. On Wednesday, August 16 the insider Mondry Lawrence N sold $765,485.

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

Comments