Seagate Technology Holdings plc (NASDAQ:STX) Shares Sold by Aull & Monroe Investment Management Corp

Aull & Monroe Investment Management Corp trimmed its holdings in Seagate Technology Holdings plc (NASDAQ:STX) by 1.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,670 shares of the data storage provider’s stock after selling 200 shares during the quarter. Aull & Monroe Investment Management Corp’s holdings in Seagate Technology were worth $1,180,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Inceptionr LLC acquired a new position in Seagate Technology in the 4th quarter valued at $1,174,000. Raymond James Financial Inc. acquired a new position in shares of Seagate Technology during the fourth quarter worth about $22,961,000. Arizona State Retirement System increased its stake in shares of Seagate Technology by 6.9% during the fourth quarter. Arizona State Retirement System now owns 61,112 shares of the data storage provider’s stock worth $5,275,000 after acquiring an additional 3,959 shares during the period. Verdence Capital Advisors LLC increased its stake in shares of Seagate Technology by 1.3% during the fourth quarter. Verdence Capital Advisors LLC now owns 13,434 shares of the data storage provider’s stock worth $1,159,000 after acquiring an additional 166 shares during the period. Finally, Aigen Investment Management LP acquired a new position in Seagate Technology during the fourth quarter worth $1,324,000. 92.87% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have weighed in on STX. Rosenblatt Securities upped their target price on Seagate Technology from $140.00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, January 22nd. Benchmark raised Seagate Technology from a “hold” rating to a “buy” rating and set a $120.00 target price on the stock in a report on Wednesday, January 22nd. StockNews.com lowered shares of Seagate Technology from a “buy” rating to a “hold” rating in a research report on Friday, February 28th. Cantor Fitzgerald reissued a “neutral” rating and issued a $120.00 price target on shares of Seagate Technology in a research note on Wednesday, January 22nd. Finally, Barclays increased their target price on shares of Seagate Technology from $95.00 to $105.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 22nd. One analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $122.56.

Seagate Technology Stock Performance

Shares of NASDAQ:STX opened at $92.43 on Thursday. Seagate Technology Holdings plc has a 52 week low of $82.31 and a 52 week high of $115.32. The company has a market cap of $19.57 billion, a PE ratio of 16.90 and a beta of 1.07. The firm has a 50 day simple moving average of $96.37 and a 200 day simple moving average of $99.93.

Seagate Technology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 19th will be given 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 3.12%. Seagate Technology’s dividend payout ratio (DPR) is presently 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.