CI Global Investments Inc. Takes Position in Symantec Corporation (NASDAQ:SYMC)

Postado Setembro 17, 2017

Symantec Corporation (NASDAQ:SYMC) in the last month has increased +16.43%.

SYMC has been the topic of several other research reports. The shares were sold on July 12th for an average price of $30.00. Credit Suisse Group began coverage on shares of Symantec Corporation in a research report on Tuesday, September 5th.

The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $20.07B.

Fiduciary Trust Company increased Apple Inc (AAPL) stake by 0.66% reported in 2016Q4 SEC filing. Royal Bank Of Canada downgraded Symantec Corporation from an "outperform" rating to a "sector perform" rating and cut their price objective for the company from $34.00 to $32.00 in a research report on Friday, May 19th. One research analyst has rated the stock with a sell rating, sixteen have issued a hold rating and thirteen have given a buy rating to the company. Symantec Corporation now has a consensus rating of "Hold" and an average target price of $31.54.

There has been some selling insider activity on Symantec Corporation (NASDAQ:SYMC) recently. Symantec Corp (Call) now has $20.44 billion valuation. The 50 day moving average went up by +10.17% and the 200 day average was up $2.86.

Symantec Corporation (NASDAQ:SYMC) last announced its quarterly earnings data on Wednesday, August 2nd.

VEON Ltd. (VEON) failed to surprise the stock market in its last reported earnings when it earned -$0.07 a piece versus the consensus-estimated $0.11.

Among 2 analysts covering Employers Holdings (NYSE:EIG), 0 have Buy rating, 1 Sell and 1 Hold. Symantec Corporation had a negative net margin of 8.68% and a positive return on equity of 10.73%. New York-based Paradigm New York has invested 0.25% in Symantec Corporation (NASDAQ:SYMC). During the same period in the previous year, the company posted $0.29 EPS. Equities analysts expect that Symantec Corporation will post $1.81 earnings per share for the current year. Standpoint Research upgraded shares of Symantec Corporation from a "hold" rating to a "buy" rating in a report on Thursday, June 29th. If you are reading this piece of content on another website, it was copied illegally and republished in violation of United States and worldwide copyright & trademark law. The correct version of this news story can be accessed at https://www.truebluetribune.com/2017/09/16/6603988-shares-in-symantec-corporation-symc-acquired-by-ci-global-investments-inc.html. The company recently declared a dividend paid on Wednesday September 13th, 2017. Stockholders of record on Monday, August 21st were issued a dividend of $0.075 per share. Robert W. Baird maintained the shares of SYMC in report on Thursday, August 3 with "Hold" rating. Symantec Corporation's yield ratio (DPR) is presently -49.18%. LAYBOURNE GERALDINE B sold $217,671 worth of stock. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. Following the transaction, the senior vice president now directly owns 108,411 shares of the company's stock, valued at approximately $3,564,553.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Beta, which measures the stock's volatility relative to the overall market, is a simple but effective metric for assessing risk. Rosch Francis C had sold 47,344 shares worth $1.43 million. Exane Derivatives accumulated 1,121 shares or 0% of the stock. The disclosure for this sale can be found here. Symantec Corporation (NASDAQ:SYMC) has been trading in a bullish manner, based on the relative positions of the stock's 20 and 200 day moving averages. Northwestern Mutual Wealth Management Co. raised its stake in Symantec Corporation by 7.9% in the second quarter. Mason Street Advisors LLC now owns 85,518 shares of the technology company's stock valued at $2,624,000 after acquiring an additional 237 shares during the last quarter. 123 funds opened positions while 723 raised stakes. Harfst & Associates Inc. purchased a new stake in Symantec Corporation in the second quarter valued at about $127,000. Next Financial Group, Inc trimmed its investment by shedding 686 shares a decrease of 42.0% in the quarter. Finally, American Asset Management Inc. purchased a new stake in Symantec Corporation in the first quarter valued at about $207,000. The Company operates through two segments: Consumer Security and Enterprise Security. The Firm offers products under categories, such as threat protection, information protection, cyber security services and Website security.