Vmware Inc (NYSE:VMW).
Darrell & King LLC reports that it sold 12,953 shares in the previous quarter decreasing its holdings in Vmware Inc by 3.0%. Its position stood at $46,004,000 an increase of $8,035,000 as of quarter end.
Darrell & King LLC isn’t the only one who has changed their investment in VMW. Tredje Ap-fonden grew its investment by buying 5,990 shares an increase of 21.9% as of 09/30/2017. Tredje Ap-fonden controls 33,328 shares valued at $3,639,000. The total value of its holdings increased 52.3%. As of quarter end Raymond James & Associates had acquired a total of 44,498 shares growing its stake by 43.5%. The value in dollars increased from $8,935,000 to $16,018,000 increasing 79.3% for the reporting period.
As of the end of the quarter Bowen Hanes & Co Inc had bought 41,625 shares growing its position 23.6%. The value of the investment in Vmware Inc went from $15,425,000 to $23,809,000 a change of 54.4% since the last quarter.
Barclays PLC raised the price target on November 6 changing the forecast from $130.00 to $140.00 and stated a “Overweight” rating. November 2 investment analysts at Drexel Hamilton maintained a company rating of “Buy” projecting a price of $120.00.
October 17 investment analysts at KeyCorp reiterated a “Hold” rating on the stock. On October 4 Robert W. Baird kept the stock rating at “Buy” targeting a price of $125.00.
On September 27 Morgan Stanley made no change to the company rating of “Overweight” with a current price target of $123.00. September 14 investment analysts at Bank of America Corporation left the stock rating at “Buy” with a current price target of $125.00.
The company is now down from yesterday’s close of 122.47. The P/E ratio is 38.23 and market cap is 49.63B. In the latest earnings report the EPS was $3.17 with 108.95M shares currently outstanding.
Short traders are feeling a little more bullish on shares of Vmware Inc of late looking at the change in short interest. The stock saw a fall in short interest of -7.74% between September 29, 2017 and October 13, 2017. Short interest decreased 2,009,226 over that timeframe. Days to cover increased from 17.0 to 20.0 and the percentage of shorted shares is 0.22% as of October 13.