Symantec (SYMC) Stock Rating Upgraded by Standpoint Research

Greg Clark Symantec's CEO

The hedge fund run by Michael Lowenstein held 7.15 million shares of the prepackaged software company at the end of 2017Q4, valued at $200.62 million, up from 6.87 million at the end of the previous reported quarter. Presima Inc who had been investing in Columbia Ppty Tr Inc for a number of months, seems to be bullish on the $2.42B market cap company. Symantec now has an average rating of Hold and an average price target of $30.87. About 1.12M shares traded or 38.60% up from the average. The Price to Cash Flow for Symantec Corporation (NasdaqGS:SYMC) is 16.638855. SYMC underperformed by 27.83% the S&P 500.

SYMC trades at a forward P/E of 15.22, a P/B of 3.44, and a P/S of 3.62, compared to a forward P/E of 11.41, a P/B of 1.78, and a P/S of 2.57 for PPL. SYMC is the expensive of the two stocks on an earnings, book value and sales basis. Also, EVP Francis C. Rosch sold 51,899 shares of Symantec stock in a transaction dated Monday, March 5th.

According to a filing the Ci Global Investments Inc's stake in Franco Nevada Corp (NYSE:FNV) was decreased by 371,827 shares to 616,256 shares valued at $49.27M in 2017Q4. It also reduced its holding in Abbvie Inc (NYSE:ABBV) by 26,848 shares in the quarter, leaving it with 138,950 shares, and cut its stake in Wells Fargo Co New (NYSE:WFC).

On Monday, Shares of Symantec Corporation (NASDAQ: SYMC) 0.84% and ended its trading session at $27.75. Its up 0.06, from 0.86 in 2017Q3. 56 investors sold all, 144 reduced holdings as SYMC ratio increased. Given that its average daily volume over the 30 days has been 6.39M shares a day, this signifies a pretty noteworthy change over the norm.

Standpoint Research upgraded shares of Symantec (NASDAQ:SYMC) from a hold rating to a buy rating in a report published on Friday, April 6th, Marketbeat.com reports. Outstanding shares refer to a company's stock now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. Highland Mgmt Limited Liability accumulated 19,380 shares. Following the completion of the sale, the executive vice president now owns 213,026 shares of the company's stock, valued at $5,664,361.34. The price index of Symantec Corporation (NasdaqGS:SYMC) for last month was 0.99927. Regions Fincl, a Alabama-based fund reported 100 shares. SYMC reached $27.75 on during the last trading session after $0.23 change.Currently Symantec Corporation is downtrending after 16.28% change in last April 17, 2017.

Among 7 analysts covering Dolby Laboratories (NYSE:DLB), 3 have Buy rating, 0 Sell and 4 Hold. New York-based Neuberger Berman Grp Inc Inc Limited has invested 0.25% in Symantec Corporation (NASDAQ:SYMC). During the same quarter last year, the business posted $0.32 earnings per share. equities research analysts expect that Symantec will post 0.99 EPS for the current fiscal year. The average volume was noted at 6389.29K shares while its relative volume was seen at 0.56. Alliancebernstein Lp has invested 0.02% in Symantec Corporation (NASDAQ:SYMC). 36,300 were reported by Grantham Mayo Van Otterloo And Llc. 106,000 were reported by Paradigm Incorporated Ny. Three research analysts have rated the stock with a sell rating, fifteen have given a hold rating and eight have issued a buy rating to the company. Therefore 31% are positive. The stock of Symantec Corporation (NASDAQ:SYMC) has "Equal-Weight" rating given on Thursday, February 1 by Morgan Stanley. On Thursday, November 2 the rating was maintained by Stifel Nicolaus with "Hold". The company was maintained on Thursday, November 2 by Oppenheimer. The rating was maintained by M Partners on Friday, February 5 with "Neutral". The company's Market capitalization is $17.30B with the total Outstanding Shares of 623.35M. Credit Suisse downgraded the shares of SYMC in report on Tuesday, August 11 to "Outperform" rating.

Sonam Kapoor to QUIT acting post wedding with Anand Ahuja?
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NASDAQ SYMC opened at $27.52 on Friday. Cowen restated a "sell" rating and issued a $26.00 price objective on shares of Symantec in a report on Thursday, February 1st. BidaskClub lowered Symantec from a "hold" rating to a "sell" rating in a report on Tuesday, December 19th. The company rating was maintained by Piper Jaffray on Wednesday, January 31.

Since March 5, 2018, it had 0 insider buys, and 2 insider sales for $1.49 million activity. Vautrinot Suzanne M sold $110,880 worth of stock or 4,000 shs. On Monday, February 12 the insider WRIGHT DEBORAH C sold $376,219.

Because there are so many stocks to choose from, it may not be feasible for investors to be able to research all of them. Channing Capital Management Ltd Co reported 552,675 shares or 0.52% of all its holdings. Camarda Finance Advsrs Ltd invested 1.51% of its portfolio in Time Warner Inc. British Columbia Invest Management accumulated 0.06% or 313,905 shares. (NYSE:CXP). Oakworth Inc has invested 0% in Columbia Property Trust, Inc.

Investors sentiment decreased to 0.79 in Q4 2017. (NYSE:AN) for 58,089 shares. Cap Rech Investors invested in 0.12% or 14.48 million shares. 16,156 are held by Nuveen Asset Ltd Liability Corp.

Execution Review: Taking an investigate the execution of SYMC stock, a financial specialist will come to realize that the week by week execution for this stock is esteemed at 6.81%, bringing about a performance for the month at 0.76%. Fiera Cap holds 0% of its portfolio in Time Warner Inc. (NYSE:TWX) for 9,373 shares. Panagora Asset holds 24,670 shares. Cortina Asset Mgmt Llc reported 0.22% in Dolby Laboratories, Inc. (NYSE:TWX). Andra Ap invested in 0.25% or 121,895 shares.

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