Wealthcare Advisory Partners LLC boosted its holdings in Micron Technology, Inc. (NASDAQ:MU – Get Score) by 1.4% in the 1st quarter, according to the firm in its most new 13F submitting with the Securities and Trade Fee (SEC). The fund owned 13,129 shares of the semiconductor manufacturer’s inventory following purchasing an extra 185 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Micron Technologies ended up really worth $1,023,000 at the conclusion of the most recent quarter.
Other massive buyers have also modified their holdings of the business. SOA Prosperity Advisors LLC. grew its placement in Micron Technological innovation by 144.9% in the 1st quarter. SOA Wealth Advisors LLC. now owns 338 shares of the semiconductor manufacturer’s stock valued at $26,000 following getting an supplemental 200 shares during the last quarter. Concorde Financial Corp acquired a new posture in shares of Micron Technology all through the fourth quarter truly worth about $27,000. Selective Wealth Administration Inc. procured a new posture in Micron Technological know-how through the fourth quarter well worth about $28,000. Sterling Financial investment Advisors Ltd. lifted its placement in Micron Know-how by 600.% in the fourth quarter. Sterling Financial commitment Advisors Ltd. now owns 350 shares of the semiconductor manufacturer’s inventory valued at $33,000 just after acquiring an further 300 shares throughout the time period. Eventually, Vectors Exploration Management LLC boosted its holdings in Micron Know-how by 60.3% in the 4th quarter. Vectors Study Administration LLC now owns 372 shares of the semiconductor manufacturer’s inventory valued at $35,000 after buying an added 140 shares in the last quarter. Hedge resources and other institutional investors have 80.35% of the company’s stock.
NASDAQ:MU opened at $58.78 on Tuesday. The business’s 50-working day shifting average is $67.31 and its two-hundred working day shifting ordinary is $78.42. The company has a marketplace capitalization of $65.64 billion, a PE ratio of 7.39, a price tag-to-earnings-development ratio of .20 and a beta of 1.17. Micron Engineering, Inc. has a 12 month minimal of $53.60 and a 12 month superior of $98.45. The corporation has a financial debt-to-fairness ratio of .15, a latest ratio of 3.11 and a brief ratio of 2.33.
Micron Technological innovation (NASDAQ:MU – Get Rating) last posted its earnings success on Tuesday, March 29th. The semiconductor company described $2.05 earnings for every share (EPS) for the quarter, beating analysts’ consensus estimates of $1.85 by $.20. The organization had income of $7.79 billion throughout the quarter, compared to analyst estimates of $7.53 billion. Micron Engineering experienced a return on equity of 21.15% and a net margin of 28.95%. The company’s profits for the quarter was up 25.6% compared to the exact same quarter last yr. During the same quarter final yr, the organization attained $.90 earnings per share. Equities analysts anticipate that Micron Technology, Inc. will submit 9.15 EPS for the present-day 12 months.
A variety of analysts recently issued stories on MU shares. Sanford C. Bernstein upgraded shares of Micron Technologies from a “market perform” rating to an “outperform” score and established a $94.00 target value on the stock in a research report on Wednesday, March 16th. Mizuho decreased their rate aim on Micron Technological innovation from $113.00 to $95.00 and set a “buy” score for the firm in a research report on Tuesday, June 21st. Rosenblatt Securities restated a “buy” rating and issued a $165.00 selling price goal on shares of Micron Know-how in a report on Wednesday, March 30th. Morgan Stanley reduce their price goal on shares of Micron Technological innovation from $83.00 to $56.00 and established an “equal weight” rating on the stock in a report on Tuesday, June 21st. Ultimately, UBS Team lowered their target value on shares of Micron Technologies from $120.00 to $115.00 and set a “buy” score for the firm in a report on Monday, June 13th. Just one analyst has rated the inventory with a offer rating, 3 have assigned a keep score, twenty-one have issued a invest in rating and a person has assigned a sturdy buy score to the corporation. Primarily based on details from MarketBeat.com, the stock presently has an normal score of “Moderate Buy” and a consensus selling price goal of $109.92.
Micron Technological innovation Business Profile (Get Rating)
Micron Technological innovation, Inc styles, manufactures, and sells memory and storage products and solutions throughout the world. The business operates as a result of 4 segments: Compute and Networking Business Unit, Mobile Organization Device, Storage Organization Device, and Embedded Company Device. It gives memory and storage technologies contains DRAM merchandise, which are dynamic random obtain memory semiconductor products with small latency that present substantial-speed information retrieval NAND goods that are non-risky and re-writeable semiconductor storage units and NOR memory merchandise, which are non-volatile re-writable semiconductor memory products that offer quick read through speeds under the Micron and Vital makes, as effectively as by personal labels.
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