Seagate Technology Holdings plc (NASDAQ:STX) Stock Holdings Increased by Level Four Advisory Services LLC

Level Four Advisory Services LLC grew its position in shares of Seagate Technology Holdings plc (NASDAQ:STX) by 4.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 3,343 shares of the data storage provider’s stock after buying an additional 131 shares during the quarter. Level Four Advisory Services LLC’s holdings in Seagate Technology were worth $289,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Berkshire Bank grew its position in shares of Seagate Technology by 2.6% during the 4th quarter. Berkshire Bank now owns 4,118 shares of the data storage provider’s stock valued at $355,000 after buying an additional 103 shares during the last quarter. MWA Asset Management boosted its stake in Seagate Technology by 0.5% in the fourth quarter. MWA Asset Management now owns 19,636 shares of the data storage provider’s stock valued at $1,695,000 after acquiring an additional 104 shares during the period. JFS Wealth Advisors LLC grew its holdings in shares of Seagate Technology by 27.0% during the fourth quarter. JFS Wealth Advisors LLC now owns 532 shares of the data storage provider’s stock valued at $46,000 after purchasing an additional 113 shares during the last quarter. Signaturefd LLC raised its position in shares of Seagate Technology by 2.3% during the 4th quarter. Signaturefd LLC now owns 4,988 shares of the data storage provider’s stock worth $431,000 after purchasing an additional 113 shares during the period. Finally, My Legacy Advisors LLC lifted its holdings in shares of Seagate Technology by 3.9% in the 4th quarter. My Legacy Advisors LLC now owns 3,113 shares of the data storage provider’s stock worth $294,000 after purchasing an additional 118 shares during the last quarter. Institutional investors and hedge funds own 92.87% of the company’s stock.

Wall Street Analyst Weigh In

STX has been the subject of a number of recent research reports. Barclays upped their price objective on Seagate Technology from $95.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 22nd. Citigroup dropped their price objective on shares of Seagate Technology from $125.00 to $115.00 and set a “buy” rating on the stock in a report on Tuesday, March 18th. Wells Fargo & Company cut their price objective on shares of Seagate Technology from $120.00 to $110.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 16th. Mizuho decreased their target price on shares of Seagate Technology from $130.00 to $110.00 and set an “outperform” rating for the company in a research report on Friday, January 10th. Finally, Benchmark raised Seagate Technology from a “hold” rating to a “buy” rating and set a $120.00 price target on the stock in a report on Wednesday, January 22nd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $121.00.

Seagate Technology Trading Down 0.5 %

NASDAQ:STX opened at $84.54 on Wednesday. The company has a 50-day moving average of $95.12 and a 200-day moving average of $98.05. Seagate Technology Holdings plc has a twelve month low of $82.31 and a twelve month high of $115.32. The firm has a market cap of $17.90 billion, a price-to-earnings ratio of 15.46 and a beta of 1.01.

Seagate Technology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 19th will be issued a $0.72 dividend. The ex-dividend date of this dividend is Wednesday, March 19th. This represents a $2.88 annualized dividend and a dividend yield of 3.41%. Seagate Technology’s dividend payout ratio is currently 52.65%.

Seagate Technology Company Profile

Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives.