Western Digital Corporation (NASDAQ:WDC) Under Analyst Spotlight

Wednesday, 11 Oct, 2017

Anchor Bancorp had 4 analyst reports since July 29, 2015 according to SRatingsIntel. In this case performance of tends to percentage rate of return for a stock for a given time frame. Over the last 90 days, insiders sold 210,714 shares of company stock worth $17,991,280.

07/24/2017 - Loop Capital began new coverage on Western Digital Corporation giving the company a "buy" rating. Hightower Advsr Limited Liability Com holds 0.05% or 67,493 shares. Western Digital Corp now has $25.17 billion valuation. SRS Capital Advisors Inc. now owns 1,453 shares of the data storage provider's stock worth $119,000 after acquiring an additional 306 shares during the last quarter.

Western Digital Corporation (NASDAQ:WDC) ended its day at $84.27 with the rising stream of 0.50% and its total traded volume was 2.04 million shares less than the average volume. It has outperformed by 109.15% the S&P500. Analysts anticipate that Western Digital Corporation will post $12.38 EPS for the current fiscal year. WDC's profit will be $885.64 million for 7.02 P/E if the $3.00 EPS becomes a reality. The data storage provider reported $2.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.51 by $0.42. Of the analysts who provided ratings, 4 rated the company a Hold, 3 rated it a Moderate Buy, and 14 rated it a Strong Buy. Therefore 69% are positive.

08/29/2017 - Western Digital Corporation had its "positive" rating reiterated by analysts at Susquehanna. The firm has "Buy" rating by Suntrust Robinson given on Tuesday, March 21.

Western Digital Corporation (NASDAQ:WDC) last announced its quarterly earnings results on Thursday, July 27th. (NYSE:SLCA) are on a recovery track as they have regained 25.89% since bottoming out at $24.26 on August 15, 2017. The rating was maintained by KeyBanc Capital Markets with "Overweight" on Thursday, July 30. At the moment, the average analyst rating for WDC is Moderate Buy. The company presently has a consensus rating of "Buy" and an average price target of $111.15. They issued a buy rating and a $130.00 price objective on the stock. As per Thursday, July 30, the company rating was upgraded by CLSA. Mizuho restated a "buy" rating and issued a $105.00 price objective on shares of Western Digital Corporation in a report on Sunday.

It tells an investor how quickly a company is increasing its revenues. CTL comes in with a P/S ratio of 0.65 that's below 1, potentially implying that it could be cheap relative to the overall sector (13.21) and its peers (89.18). 101 funds opened positions while 216 raised stakes. The active investment managers in our partner's database now own: 233.59 million shares, up from 231.11 million shares in 2017Q1. 21,127 are held by First Midwest Bancorp Tru Division. Central Asset Investments & Management Holdings (Hk) Ltd owns 225,940 shares or 15.07% of their U.S. portfolio. Howard Hughes Med Institute reported 5,832 shares or 0.09% of all its holdings.

Western Digital Corporation (NASDAQ:WDC) is standing on a contradictory position. Advisory Ntwk Ltd Llc holds 0.1% of its portfolio in Western Digital Corp (NASDAQ:WDC) for 8,337 shares. The fund owned 16,200 shares of the data storage provider's stock after selling 62,200 shares during the period. Coastline Trust holds 0.18% or 11,356 shares.

Western Digital (NYSE:WDC) releases a new FAQ document hitting back at some of the claims surrounding Toshiba's (OTCPK:TOSBF, OTCPK:TOSYY) chip unit sale to the Bain-led consortium. "May 24, 2017 Page 2 Checks Indicate Normal Channel HDD Inventories and Continued Strong Demand for NAND Flash The June quarter has historically been the slowest quarter of the year for hard drive sales when inventories rise and pricing can slip". Sei Invs reported 0.1% in Western Digital Corp (NASDAQ:WDC). Amer Beacon Advsr reported 1,339 shares. Regions Finance Corp has invested 0.03% in Western Digital Corp (NASDAQ:WDC). State Of Alaska Department Of Revenue has invested 0.03% of its portfolio in Western Digital Corp (NASDAQ:WDC). On Friday, April 28 the insider RAY MICHAEL CHARLES sold $1.41 million. The shares were sold at an average price of $84.53, for a total transaction of $1,213,681.74. Schroder Investment Management Group now owns 902,431 shares of the data storage provider's stock worth $82,709,000 after acquiring an additional 898,700 shares during the last quarter. 40,182 shares valued at $3.58M were sold by Sivaram Srinivasan on Thursday, May 4.

Anchor Bancorp is the bank holding company of Anchor Bank. Telemus Cap Ltd Limited Liability Company has invested 0.18% of its portfolio in Western Digital Corp (NASDAQ:WDC). The Bank is a community savings bank. It has a 65.74 P/E ratio.

Investors sentiment increased to 1.53 in Q2 2017. Its down 1.50, from 3 in 2017Q1. It increased, as 8 investors sold Dynavax Technologies Corporation shares while 19 reduced holdings. Meru Lp reported 52,500 shares. Moreover, Kings Point Management has 0.01% invested in Macquarie Infrastructure Corp (NYSE:MIC).