Standpoint Research Cuts Rating On Symantec Corporation (SYMC) To "Hold"

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Symantec Corporation (SYMC) closed its previous trading session at $32.63 with the loss of -3.8%. Dimensional Fund Advisors LP owned about 0.44% of Symantec Corporation worth $74,885,000 as of its most recent SEC filing. Generally speaking, earnings are expected to grow in coming quarters. Over the trailing year, the stock is underperforming the S&P 500 by 19.31, and it's gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. The stock of Symantec Corporation (NASDAQ:SYMC) earned "Equal-Weight" rating by Barclays Capital on Monday, September 19.

What Historical Figures Say About Symantec Corporation (NASDAQ: SYMC)? Finally, Piper Jaffray Companies reissued a "buy" rating and issued a $40.00 price target on shares of Symantec Corporation in a report on Tuesday, September 12th. On Thursday, April 28 the stock rating was maintained by Wunderlich with "Hold". The stock price hovered in an intraday range of $33.41- $33.92.

Symantec Corporation (SYMC) now has a Return on Assets (ROA) value of -2.2 Percent. Symantec Corporation has a one year low of $22.76 and a one year high of $34.20.

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The submission comes a few days after the CBI said that Karti had gone overseas to close his foreign accounts. It is because of my father's and my political affiliation I am being subject to such rigorous scrutiny.

In the market the company is trading down by 4.36% percent from yesterday's close. The stock is trading $30.99 its 50-day moving average by -1.64%. On Friday, May 19 Divol Roxane sold $560,916 worth of Symantec Corporation (NASDAQ:SYMC) or 19,117 shares.

17 analysts on average are expecting Symantec Corporation to report earnings of $0.28 per share for the current quarter. Symantec Corporation had a positive return on equity of 10.73% and a negative net margin of 8.68%. Symantec Corporation (SYMC) now trades with a market capitalization of $19.87 Billion. Comparatively, SYMC posted earnings of $0 per share in the same quarter, a year earlier. SYMC generated revenue of $0 in the same quarter, one year ago. Two research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eleven have given a buy rating to the stock. If you are reading this story on another site, it was illegally copied and republished in violation of US & worldwide trademark and copyright legislation.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 13th. Vanguard Group accumulated 7.30 million shares or 0.01% of the stock. The ex-dividend date was Thursday, August 17th. This represents a $0.30 annualized dividend and a dividend yield of 1.01%. Symantec's dividend payout ratio is presently 9.35%. It is positive, as 54 investors sold SYMC shares while 167 reduced holdings. The stock was sold at an average price of $29.34, for a total transaction of $560,892.78. The volume of SYMC witnessed a shift from 8.17 million shares, based on a 50-day average, to 6.76 million shares. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The stock has risen 55.81% since then. About 4.49M shares traded. After having $0.15 EPS previously, Symantec Corporation's analysts see 73.33 % EPS growth.

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Weinstein has further confirmed that there were never any acts of retaliation against any women for refusing his advances". In the article, Waxman had alleged Lombardo procured women for Weinstein and that he knew nothing about the film industry.

Since June 12, 2017, it had 0 insider buys, and 1 sale for $18.44 million activity.

Institutional investors have recently added to or reduced their stakes in the stock. IL raised its position in shares of Symantec Corporation by 2.2% in the 2nd quarter. The Comerica Bank holds 78,333 shares with $1.83 million value, up from 9,198 last quarter. Municipal Employees Retirement System of MI raised its position in shares of Symantec Corporation by 1.5% in the 1st quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Symantec Corporation by 7.9% in the 2nd quarter. A lower number would indicate that the company has been undervalued, where its stock is relatively low-priced in connection to its free cash flow. Ratan Cap Lp invested 8.13% in Symantec Corporation (NASDAQ:SYMC). The company's price to sales ratio for trailing twelve months is 5.00 and price to book ratio for most recent quarter is 6.33, whereas price to cash per share for the most recent quarter is 6.90. Finally, Municipal Employees Retirement System of MI boosted its position in Symantec Corporation by 1.5% during the 1st quarter. Noting its average daily volume at 6.8 million shares each day over the month, this signifies a pretty significant change over the norm.

Several other institutional investors and hedge funds have also made changes to their positions in the business.

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Haroon was arrested in Pakistan in or about September 2016, and SALIC was arrested in the Philippines in or about April 2017. All three men were already in some form of government custody either in the US or overseas , officials disclosed.

Symantec Corporation is a United States cyber security company. The Firm offers products under categories, such as threat protection, information protection, cyber security services and Website security.

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