Short Interest in Western Digital Corporation (WDC) Grows By 17.5%

The institutional investor held 7,543 shares of the aerospace company at the end of 2017Q3, valued at $1.92 million, down from 9,488 at the end of the previous reported quarter. Stonerise Capital Management Llc who had been investing in Och for a number of months, seems to be bullish on the $1.23 billion market cap company. The stock price volatility for last week at the close of regular trading was 3.64%, pushing the figure for the whole month to now reaching 3.01%. Och-Ziff Capital Management Group LLC (NYSE:OZM) has declined 36.39% since January 13, 2017 and is downtrending. It has underperformed by 10.78% the S&P500.

Central Asset Investments & Management Holdings Hk Ltd decreased its stake in Western Digital Corp (WDC) by 37.22% based on its latest 2017Q3 regulatory filing with the SEC. Jaffetilchin Invest Ltd Liability holds 2,943 shares. The institutional investor held 1.35M shares of the electronic components company at the end of 2017Q3, valued at $116.77 million, down from 2.88M at the end of the previous reported quarter. Equitec Specialists Llc who had been investing in Western Digital Corp (Put) for a number of months, seems to be bullish on the $24.59B market cap company. (NASDAQ:MAR) [Trend Analysis] also making a striking appeal, share price swings at $139.43 with percentage change of 1.26% in most recent trading session. About 2.10M shares traded. BMO Capital Markets cut shares of Western Digital from an "outperform" rating to a "market perform" rating and lowered their price objective for the stock from $120.00 to $90.00 in a research report on Thursday, January 4th. It has outperformed by 109.15% the S&P500.

C M Bidwell & Associates Ltd, which manages about $447.15 million and $65.08M US Long portfolio, upped its stake in Dxc Technology Co by 4,520 shares to 4,532 shares, valued at $389,000 in 2017Q3, according to the filing.

Investors sentiment is 1.12 in 2017 Q3. Its down 0.25, from 1.05 in 2017Q2. It turned negative, as 34 investors sold GNC shares while 43 reduced holdings. 11 funds opened positions while 18 raised stakes. That activity is comparable to their recent volume average trend of almost 0.75 million shares which they recorded over a period of three months. First Pacific Advisors Ltd Liability Com holds 0.51% or 764,090 shares in its portfolio. Butensky & Cohen Financial Security Inc sold 1,945 shares as the company's stock rose 4.66% with the market. Amp Cap Ltd reported 15,334 shares. After $3.28 actual earnings per share reported by Western Digital Corporation for the previous quarter, Wall Street now forecasts 4.88% EPS growth. Western Digital earned a daily sentiment score of 0.10 on Accern's scale. The stock of Western Digital Corporation (NASDAQ:WDC) has "Buy" rating given on Monday, October 19 by Maxim Group. (NYSE:GNC). Oz Mngmt LP has 106,500 shares. Virginia Retirement Systems ET AL now owns 45,300 shares of the data storage provider's stock worth $4,014,000 after buying an additional 10,400 shares during the period. The Priceline Group Inc. (NYSE:GNC) for 152,005 shares. Evercore Wealth Management Limited Co has invested 0% in Och-Ziff Capital Management Group LLC (NYSE:OZM). Plante Moran Lc holds 264 shares or 0.02% of its portfolio. (NYSE:GNC) for 125,843 shares. Spirit Of America Mgmt Ny has 0.16% invested in The Boeing Company (NYSE:BA).

Among 8 analysts covering Taiwan Semiconductor Manufacturing (NYSE:TSM), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 76% are positive. The firm's revenue was up 9.9% on a year-over-year basis. research analysts predict that Western Digital will post 12.21 EPS for the current fiscal year. The company was maintained on Thursday, October 26 by KeyBanc Capital Markets. Jefferies maintained it with "Buy" rating and $225000 target in Thursday, August 3 report. The firm earned "Hold" rating on Friday, October 30 by Deutsche Bank. On Tuesday, September 13 the stock rating was upgraded by Longbow to "Buy". The rating was upgraded by Citigroup on Monday, November 7 to "Neutral". The firm has "Hold" rating given on Thursday, October 13 by HSBC. (NASDAQ:PCLN) to report earnings on February, 26. WDC's profit would be $1.02 billion giving it 5.98 P/E if the $3.44 EPS is correct. A company with higher PE ratio is more worthy against a company with lower PE ratio. State Of New Jersey Common Pension Fund D reported 1.90M shares or 0.02% of all its holdings.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. BidaskClub downgraded shares of Western Digital from a "hold" rating to a "sell" rating in a report on Thursday.

Ratings analysis reveals 69% of Western Digital's analysts are positive. Western Digital Corporation, (reader can compare this with other companies that he is interested in). Stifel Nicolaus maintained it with "Buy" rating and $12000 target in Wednesday, July 5 report. The firm has "Buy" rating by Mizuho given on Wednesday, June 21.

Analysts await Western Digital Corporation (NASDAQ:WDC) to report earnings on January, 24. The firm has "Neutral" rating by Mizuho given on Friday, December 11. The rating was initiated by UBS with "Buy" on Tuesday, August 23. Morgan Stanley downgraded Western Digital Corporation (NASDAQ:WDC) on Monday, November 27 to "Equal-Weight" rating. Susquehanna has "Positive" rating and $100 target.

Since August 3, 2017, it had 0 insider purchases, and 10 selling transactions for $6.56 million activity. $126,713 worth of stock was sold by LONG MARK P on Monday, September 11. 14,358 Western Digital Corporation (NASDAQ:WDC) shares with value of $1.21 million were sold by DeMaria Jacqueline. BHATIA MANISH H sold $1.66 million worth of stock. 3,098 shares valued at $263,330 were sold by Sivaram Srinivasan on Wednesday, August 16. Tributary Capital Management Llc owns 721,305 shares or 2.3% of their U.S. portfolio.



Other news