The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing. Adage Capital Partners GP L.L.C. owned approximately 0.27% of EMC Corp. worth $141,244,000 as of its most recent filing with the SEC. The ratio is positive, as 91 funds sold all EMC Corporation shares owned while 529 reduced positions. Inc. now owns 224,010 shares of the information technology service provider’s stock valued at $5,753,000 after buying an additional 110,206 shares in the last quarter. Baupost Group LLC MA bought a new stake in shares of EMC Corp. during the fourth quarter valued at about $751,105,000. Bancorpsouth Inc. acquired a new position in EMC Corp. during the first quarter valued at about $205,000. Community Bank N.A. now owns 57,209 shares of the information technology service provider’s stock valued at $1,469,000 after buying an additional 1,185 shares in the last quarter. On Oct 12, 2015, the shares registered one year high at $28.77 and the one year low was seen on Aug 25, 2015.
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Spectra Energy Corp (NYSE:SE) surged +0.55% and closed the trade at $ 36.56.
The stock has its 200-day moving average of $3.95 and $4.59 as its 50-day moving average.
On 7/12/2016 Silver Wheaton Corp (NYSE:SLW) has shown downward move of -3.68% and ended the last trade at $25.41. Analysts will be looking for an improvement on last quarter’s numbers where the firm reported earnings of $2.44 per share for the period ending on 2016-03-31. The firm earned $5.50 billion during the quarter, compared to the consensus estimate of $5.64 billion. The institutional investor held 2.77M shares of the electronic components company at the end of 2016Q1, valued at $73.75M, up from 1.72 million at the end of the previous reported quarter. The company recorded a trading capacity of 4.02 million shares below its three months average daily volume of 4.31 million shares.
The business also recently announced a quarterly dividend, which will be paid on Friday, July 22nd. 1 Month Ago, shares have been suggested as “BUY” from “6” brokerage firms and recommended as “Strong Buy” by “0” brokerage firms. This number is based on a simplified ratings scale of 1-5 where 1 represents a Strong Buy and 5 a Strong Sell. The ex-dividend date of this dividend is Wednesday, June 29th.
Several research firms have issued reports on EMC.
McKesson Corporation (NYSE:MCK) stock is now trading at about $192.79 and lots of rating firms seem to have a target price set on the stock. Morgan Stanley cut EMC Corp. from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $69.00 to $60.00 in a research report on Wednesday, June 1st. According to a research note published on Mar 1, 2016, analysts at Mizuho have lowered their rating on the company stock from Buy to Neutral. Longbow downgraded the shares of EMC in a report on May 27 to “Neutral” rating. Drexel Hamilton restated a “buy” rating and set a $29.00 target price on shares of EMC Corp.in a research note on Thursday, March 17th.
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According to ZACKS data, different Brokerage Firms rated the stock about their BUY, SELL or HOLD recommendations. It develops, delivers and supports the IT industrys range of information infrastructure and virtual infrastructure technologies, solutions and services. EMC manages the Company as part of a federation of businesses: EMC Information Infrastructure, VMware Virtual Infrastructure, Pivotal and Virtustream.
