Benchmark Reiterates Buy Rating for Western Digital (NASDAQ:WDC)

Nexus Investment Management Inc. increased its holdings in Western Digital by 0.3% in the 4th quarter. 243.21 million shares or 1.21% more from 240.32 million shares in 2017Q3 were reported.

Virtus Investment Advisers has invested 0.05% in Western Digital Corporation (NASDAQ:WDC). Paragon Mgmt Limited has 0.08% invested in Western Digital Corporation (NASDAQ:WDC) for 2,624 shares. Western Digital earned a daily sentiment score of 0.17 on Accern's scale.

Engineers Gate Manager Limited Partnership holds 0.16% in Western Digital Corporation (NASDAQ:WDC) or 30,045 shs. Gsa Prtnrs Llp, United Kingdom-based fund reported 32,900 shares. Icon Advisers Inc holds 0.1% or 18,100 shs.

NASDAQ:WDC opened at $81.12 on Tuesday. Bank of Montreal Can raised its stake in Western Digital by 267.4% during the fourth quarter. State Board Of Administration Of Florida Retirement System owns 411,865 shares. Dreman Value L L C stated it has 28,619 shares or 1.28% of all its holdings. Services Automobile Association accumulated 966,697 shares.

Since January 29, 2018, it had 0 buys, and 12 selling transactions for $24.43 million activity. Sivaram Srinivasan sold $942,109 worth of stock. In a transaction dated March 12, 2018, the shares were put up for sale at an average price of $100.12, raking in a sum of $5,332,792.

Western Digital (NASDAQ:WDC) has been assigned a $125.00 price target by Guggenheim in a report issued on Friday, April 27th. $115.81's average target is 39.56% above currents $82.98 stock price. In terms of Buy, Sell or Hold recommendations, the stock (SBUX) has analysts' mean recommendation of 2.20. Therefore 70% are positive.

Productivity proportions: Investigating the productivity proportions of Western Digital Corporation stock, the speculator will discover its ROE, ROA, ROI remaining at 1.7%, 0.7%, and 6.4%, individually. The stock presently has an average rating of "Buy" and a consensus price target of $112.38.

Rain Hampers Day 1 at NCAA Kissimmee Regional; Chants in 12th
You look at Texas and NC State and some others, and they have guys who have shot 64 and 65, and we haven't had that yet. Playing on their home course, the Sooners (-8) hold a one-stroke lead over fast-charging Pepperdine (-7).

Analyst Recommendation is an outlook of a stock-market analyst on a stock. BidaskClub lowered Western Digital from a "strong-buy" rating to a "buy" rating in a research note on Thursday, April 26th. Craig Hallum dropped their price objective on shares of Western Digital from $142.00 to $110.00 and set a "buy" rating on the stock in a report on Friday, January 26th. The financial company set a "Overweight" rating of WDC. The firm earned "Buy" rating on Wednesday, December 13 by Loop Capital Markets. Finally, Maxim Group restated a "buy" rating and issued a $150.00 price target on shares of Western Digital in a research note on Friday, April 27th.

4/29/2018-BTIG Research Reiterated Rating of Buy. As per Friday, April 27, the company rating was maintained by Stifel Nicolaus.

The stock increased 2.29% or $1.86 during the last trading session, reaching $82.98. The institutional investor held 281,380 shares of the miscellaneous company at the end of 2017Q4, valued at $4.77M, up from 193,854 at the end of the previous reported quarter. Western Digital Corporation (NASDAQ:WDC) has risen 17.32% since May 16, 2017 and is uptrending.

On 5/2/2018 NASDAQ:WDC - Western Digital announced a quarterly dividend of $0.50 2.61% with an ex dividend date of 6/28/2018 which will be payable on 7/16/2018. They expect $3.19 earnings per share, up 21.29% or $0.56 from last year's $2.63 per share. WDC has 5.32 million volume or 38.44% up from normal. After $3.36 actual EPS reported by Western Digital Corporation for the previous quarter, Wall Street now forecasts -5.06 % negative EPS growth. $5.33M worth of Western Digital Corporation (NASDAQ:WDC) was sold by MILLIGAN STEPHEN D. On Tuesday, January 30 RAY MICHAEL CHARLES sold $3.04M worth of Western Digital Corporation (NASDAQ:WDC) or 35,009 shs. The stock has a market cap of $22,906.19, a PE ratio of 9.78, a P/E/G ratio of 0.30 and a beta of 1.04. It offers performance hard disk drives (HDDs) that are used in enterprise servers, data analysis, and other enterprise applications; capacity HDDs and drive configurations for use in data storage systems and tiered storage models; and enterprise solid state drives (SSDs), including NAND-flash SSDs and software solutions that are created to enhance the performance in various enterprise workload environments.

The return on assets ratio of the Company was 0.70% while its return on investment ratio was 6.40%. The firm also provides system solutions that offer petabyte scalable capacity; data storage platforms and systems; datacenter software and systems; and HDDs and SSDs for desktop and notebook PCs, gaming consoles, security surveillance systems, and set top boxes.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.



Latest news

Russian company attacks Mueller indictment as baseless
It has pleaded not guilty to the charges, and its lawyers are due to appear in a federal courthouse for a status hearing Wednesday.

Tenacious D Announces 2018 Fall Tour
The promo then teases a new studio album "probably" in 2018, while there is definitely a tour that will happen later this year. Because not only have fans been waiting for a new Tenacious D album since 2012's Rize of the Fenix , but also the rent is due.

Pirates blank White Sox
The Pirates (24-17) recorded their major-league-leading seventh shutout Tuesday with a 7-0 win over the White Sox (10-28). Marte doubled and scored in the first inning but was removed from the game before his second at-bat in the third inning.

Gaza Killings: Ireland Summons Israeli Ambassador
UK Prime Minister Theresa May has urged Israel to show restraint in the Gaza Strip amid the rallies. Despite the bloodshed, the embassy inauguration went on as planned in Jerusalem.

BT Sport live streams for UEFA finals
The final, as with all Champions League and Europa League games, will not be broadcast on any free-to-air television in the UK. Once you enter your postcode, will perform a live lookup and check all the available providers in your area.

The Honor 10 is practically just a cheaper Huawei P20
The device features a 5.84-inch Full HD+ 2.5D curved glass display with a resolution of 2280 x 1080 and a pixel density of 19:9. AI-accelerated Microsoft Translator software delivers instantaneous translation without you needing to be online.

Research says Multiverse may not be a non-supporter of life
The findings will be published across two papers in the Monthly Notices of the Royal Astronomical Society . Yes, you heard "other universes".

Japanese Train Company Issues Public Apology For Departing 25 Seconds Early
A Japanese railway company has made global headlines after one of its trains left a few seconds earlier than scheduled. One of these passengers reported the incident to a station attendant, who contacted the Osaka General Directorate.

Woman fired after bringing laxative-laced brownies to colleague's farewell party
Hart says the woman faces no charges, but if anyone had eaten the brownies it could have been considered a criminal act. There's just so much going on in the world, to create a problem like this is unnecessary and it's criminal", he added.

LeBron James Held To One Of His Worst Playoff Games Ever
On the pick and rolls, they were able to get downhill a lot, so we've got to clean that up". "We've got to be better". He was taking on much of the additional responsibility, and it felt like the Celtics would need that in the playoffs.

Nikki Haley lauds Israel for 'restraint' in Gaza border clashes
Palestinians hurled stones and incendiary devices, while the Israeli military used tear gas and live fire from snipers. It was a move that stirred up demonstrators already waiting at the border fence between the Gaza Strip and Israel .

Jared Kushner to name for unity at Jerusalem embassy dedication
The two areas are roughly 50 miles from each other, but could have been worlds apart . The embassy moving from its former home in Tel Aviv to Jerusalem is a significant one.

ABC Boss Says 'Blackish' Episode Wasn't Pulled Over Football Protest Story
Fox announced last week it would revive " Last Man Standing " for a seventh season. I do stand by the Roseanne writers.

Wagner wins GOP gubernatorial nod; Barletta to take on Casey
Casey is the son of a former Pennsylvania governor and is among 10 Democratic senators seeking re-election in states won by Trump. Senate race this year could nonetheless play a key role in determining whether Republicans hang onto control of the chamber.

Meghan Markle's father will not attend royal wedding
But a new report from the Mail on Sunday revealed that the photos weren't coincidental - they were staged. The palace, which had reiterated Harry's appeals for Meghan's parents' privacy, had no comment.

Other news