Drawing Attention Towards Western Digital Corporation (NASDAQ:WDC), What Are Analysts Predicting?

A-R-T- Advisors Llc who had been investing in Western Digital Corp for a number of months, seems to be bullish on the $24.22 billion market cap company. Over the past three months, the average daily trading volume came in at about 3.89 million shares per day. It has outperformed by 109.15% the S&P500.

Bernard Selz increased its stake in New Media Investment Groupinc (NEWM) by 71.43% based on its latest 2017Q3 regulatory filing with the SEC. As per Monday, December 14, the company rating was maintained by RBC Capital Markets. Iridian Asset Management LLC CT grew its holdings in shares of Western Digital by 4.9% during the third quarter. The firm has a market capitalization of $24,328.45, a price-to-earnings ratio of 17.35, a P/E/G ratio of 0.27 and a beta of 1.12. The stock increased 0.68% or $0.56 during the last trading session, reaching $82.81. About 575,404 shares traded. LogMeIn, Inc. (NASDAQ:LOGM) has risen 101.86% since January 12, 2017 and is uptrending. It has underperformed by 16.70% the S&P500.

On Tuesday, Shares of Visa Inc.

Among 23 analysts covering Boeing (NYSE:BA), 15 have Buy rating, 1 Sell and 7 Hold. Therefore 0 are positive.

Ratings analysis reveals 83% of Western Digital's analysts are positive. $234,190 worth of Western Digital Corporation (NASDAQ:WDC) was sold by BHATIA MANISH H on Thursday, August 3. The company has an average rating of "Buy" and a consensus price target of $112.10. Barclays reaffirmed a "buy" rating and set a $131.00 price objective on shares of Western Digital in a research note on Tuesday, October 3rd. Ameriprise Financial Inc. now owns 4,443,866 shares of the data storage provider's stock valued at $393,778,000 after purchasing an additional 405,293 shares in the last quarter. The firm earned "Buy" rating on Wednesday, January 4 by Guggenheim. The firm has "Overweight" rating by KeyBanc Capital Markets given on Friday, August 25. (NYSE:NEWM) has "Sell" rating given on Wednesday, August 24 by Citigroup.

Investors sentiment is 1.12 in 2017 Q3. Its down 0.05, from 0.86 in 2017Q2. 165 funds opened positions while 367 raised stakes. Tci Wealth Advsrs Incorporated reported 0% stake. California Employees Retirement System invested in 658,321 shares or 0.08% of the stock. Meeder Asset Mgmt has invested 0% in New Media Investment Group Inc. Pinnacle invested 0.33% of its portfolio in The Boeing Company (NYSE:BA). Company insiders own 0.31% of the company's stock. This is the signal from the 20-day MA which is used to monitor changes in share price. Trustmark Bank Trust Department reported 129,500 shares. American Int Gru holds 0.04% of its portfolio in Western Digital Corporation (NASDAQ:WDC) for 120,205 shares. Mitsubishi Ufj Tru & reported 613,601 shares stake. Loews Corp stated it has 124,910 shares or 0.07% of all its holdings.

Western Digital announced that its board has authorized a share buyback program on Thursday, November 9th that permits the company to buyback $2.10 billion in shares. It also reduced its holding in Facebook Inc. The institutional investors in our partner's database reported: 240.32 million shares, up from 233.59 million shares in 2017Q2. Nordea Ab, Sweden-based fund reported 169,867 shares. Shares of Western Digital Corporation (WDC) grown with persuasively motion. The stock is noticeable among investors as WDC reported favorable performance of 3.42%. Investors of record on Friday, December 29th will be paid a $0.50 dividend. Vetr lowered shares of Western Digital from a "buy" rating to a "hold" rating and set a $95.09 target price for the company.in a research report on Tuesday, November 21st. The fund owned 47,031 shares of the data storage provider's stock after selling 6,817 shares during the quarter. Palo Capital holds 0.68% or 14,859 shares. The Software & Services segment offers enterprise software and services, including mobile-first security, productivity, collaboration, and end-point management solutions for the Enterprise of Things through the BlackBerry Secure platform; BlackBerry technology solutions, such as BlackBerry QNX, Certicom, Paratek, BlackBerry Radar, and intellectual property and licensing; AtHoc, which provides secure, networked crisis communications solutions; SecuSmart that offers secure voice and text messaging solutions with encryption and anti-eavesdropping facilities; licensing and services related to BlackBerry Messenger; and cybersecurity consulting services and tools. First Allied Advisory Serv Inc holds 0.04% or 11,615 shares. Needham maintained Western Digital Corporation (NASDAQ:WDC) on Tuesday, October 20 with "Strong Buy" rating. Shelton Cap accumulated 23,347 shares. When analyzing at performance throughout recent 6 months we have seen that Western Digital Corporation (WDC) is dropping with a downward movement of -11.37%. As per Wednesday, October 12, the company rating was maintained by Maxim Group. The company has market cap of $775.62 million.

Analysts expect Western Digital Corporation (NASDAQ:WDC) to report $3.44 EPS on January, 24.They anticipate $1.46 EPS change or 73.74% from last quarter's $1.98 EPS. The data storage provider reported $3.56 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $3.01 by $0.55. CFX's profit will be $57.87M for 21.86 P/E if the $0.47 EPS becomes a reality. Sun Life Financial INC increased its holdings in shares of Western Digital by 16,215.4% in the second quarter. The Equitec Specialists Llc holds 68,300 shares with $5.90 million value, up from 5,200 last quarter. It also reduced its holding in Infinera Corp (NASDAQ:INFN) by 94,400 shares in the quarter, leaving it with 72,500 shares, and cut its stake in Restaurant Brands Intl Inc.

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