Arizona State Retirement System lessened its stake in Micron Technology, Inc. (NASDAQ:MU) by 1.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 303,539 shares of the semiconductor manufacturer's stock after selling 3,667 shares during the period. Arizona State Retirement System's holdings in Micron Technology were worth $15,207,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Washington Trust Advisors Inc. grew its stake in shares of Micron Technology by 59.2% during the third quarter. Washington Trust Advisors Inc. now owns 551 shares of the semiconductor manufacturer's stock worth $28,000 after acquiring an additional 205 shares during the last quarter. Wagner Wealth Management LLC purchased a new stake in shares of Micron Technology during the second quarter worth about $29,000. Sound Income Strategies LLC lifted its holdings in shares of Micron Technology by 207.0% during the third quarter. Sound Income Strategies LLC now owns 706 shares of the semiconductor manufacturer's stock worth $35,000 after purchasing an additional 476 shares during the period. Financial Management Professionals Inc. lifted its holdings in shares of Micron Technology by 44.7% during the third quarter. Financial Management Professionals Inc. now owns 689 shares of the semiconductor manufacturer's stock worth $35,000 after purchasing an additional 213 shares during the period. Finally, Trust Co. of Vermont acquired a new stake in shares of Micron Technology during the second quarter worth about $40,000. Hedge funds and other institutional investors own 78.02% of the company's stock.
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Insider Activity
In other news, SVP Robert P. Beard sold 3,000 shares of the company's stock in a transaction on Monday, January 23rd. The stock was sold at an average price of $61.25, for a total value of $183,750.00. Following the transaction, the senior vice president now owns 42,840 shares of the company's stock, valued at approximately $2,623,950. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.33% of the company's stock.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on MU shares. Needham & Company LLC boosted their price target on Micron Technology from $60.00 to $67.00 and gave the company a "buy" rating in a report on Wednesday, November 16th. Argus downgraded Micron Technology from a "buy" rating to a "hold" rating in a report on Friday, December 30th. BMO Capital Markets decreased their price target on Micron Technology from $80.00 to $70.00 and set an "outperform" rating for the company in a report on Friday, September 30th. The Goldman Sachs Group decreased their price target on Micron Technology to $62.00 in a report on Wednesday, October 5th. Finally, Summit Insights raised Micron Technology from a "hold" rating to a "buy" rating in a report on Friday, September 30th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and twenty-two have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $66.21.
Micron Technology Stock Up 2.0 %
Shares of NASDAQ:MU opened at $62.80 on Friday. The company has a quick ratio of 2.23, a current ratio of 3.51 and a debt-to-equity ratio of 0.20. The business has a fifty day moving average of $55.16 and a two-hundred day moving average of $56.42. The stock has a market cap of $68.53 billion, a P/E ratio of 11.40 and a beta of 1.30. Micron Technology, Inc. has a 52-week low of $48.43 and a 52-week high of $96.50.
Micron Technology (NASDAQ:MU – Get Rating) last issued its earnings results on Wednesday, December 21st. The semiconductor manufacturer reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.02). The company had revenue of $4.09 billion during the quarter, compared to analysts' expectations of $4.14 billion. Micron Technology had a net margin of 22.78% and a return on equity of 13.26%. The firm's quarterly revenue was down 46.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.07 earnings per share. On average, research analysts expect that Micron Technology, Inc. will post -2.51 earnings per share for the current year.
Micron Technology Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, January 19th. Shareholders of record on Tuesday, January 3rd were issued a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 0.73%. The ex-dividend date of this dividend was Friday, December 30th. Micron Technology's payout ratio is currently 8.35%.
Micron Technology Profile
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Micron Technology, Inc engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute & Networking Business Unit (CNBU), Mobile Business Unit (MBU), Storage Business Unit (SBU), and Embedded Business Unit (EBU). The CNBU segment includes memory products sold into cloud server, enterprise, client, graphics, and networking markets.
根據最近向美國證券交易委員會 (SEC) 披露的信息,亞利桑那州退休系統在第三季度將其在美光科技公司(納斯達克股票代碼:MU)的股份減少了 1.2%。該基金持有303,539股這家半導體制造商的股票,在此期間出售了3,667股。截至最近提交給美國證券交易委員會(Securities and Exchange Commission,美國證券交易委員會)的文件,亞利桑那州退休系統持有的美光科技股份價值15,207,000美元。
其他幾家機構投資者和對衝基金最近也增持或減持了該股。華盛頓信託顧問公司(Washington Trust Advisors Inc.)第三季度增持美光科技59.2%的股份。華盛頓信託顧問公司(Washington Trust Advisors Inc.)在上個季度增持了205股後,現在持有這家半導體制造商551股股票,價值2.8萬美元。Wagner Wealth Management LLC在第二季度購買了價值約2.9萬美元的美光科技新股。Sound Income Strategy LLC在第三季度增持了美光科技207.0%的股票。Sound Income Strategy LLC在此期間額外購買了476股,現在擁有706股這家半導體制造商的股票,價值3.5萬美元。金融管理專業人士公司在第三季度增持了美光科技44.7%的股票。在此期間,Financial Management Offessionals Inc.又購買了213股,目前持有這家半導體制造商689股股票,價值3.5萬美元。最後,佛蒙特州的Trust Co.在第二季度購入了價值約4萬美元的美光科技新股。對衝基金和其他機構投資者持有該公司78.02%的股份。
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內幕活動
在其他新聞方面,高級副總裁羅伯特·P·比爾德在1月23日星期一的一次交易中出售了3000股該公司股票。這隻股票的平均售價為61.25美元,總價值為183,750.00美元。交易完成後,高級副總裁現在擁有該公司42,840股股票,價值約2,623,950美元。這筆交易是在提交給美國證券交易委員會的一份文件中披露的,該文件可通過美國證券交易委員會網站。企業內部人士持有該公司0.33%的股票。
華爾街分析師也加入進來
一些研究分析師已經發布了關於MU股票的報告。Needham&Company LLC在11月16日週三的一份報告中將美光科技的目標價從60.00美元上調至67.00美元,並給予該公司“買入”評級。Argus在12月30日週五的一份報告中將美光科技的評級從買入下調至持有。BMO Capital Markets在9月30日(星期五)的一份報告中將美光科技的目標價從80.00美元下調至70.00美元,併為該公司設定了“跑贏大盤”的評級。高盛夫婦在10月5日星期三的一份報告中將他們對美光科技的目標價下調至62.00美元。最後,Summit Insights在9月30日(星期五)的一份報告中將美光科技的評級從持有上調至買入。兩名投資分析師對該股的評級為賣出,7名分析師對該股給予持有評級,22名分析師對該公司給予買入評級。根據MarketBeat的數據,該股的共識評級為“適度買入”,共識目標價為66.21美元。
美光科技股價上漲2.0%
納斯達克:MU上週五開盤報62.8美元。該公司的速動比率為2.23,流動比率為3.51,債務權益比為0.20。該業務的50日移動均線切入位為55.16美元,200日移動均線切入位為56.42美元。該股市值685.3億美元,市盈率為11.40倍,貝塔係數為1.30。美光科技的股價為48.43美元,為52周低點,52周高點為96.50美元。
美光科技(納斯達克:MU-GET評級)最近一次發佈財報是在12月21日星期三。這家半導體制造商公佈了該季度每股收益(EPS)(0.15美元),低於普遍預期的(0.13美元)和(0.02美元)。該公司本季度營收為40.9億美元,高於分析師預期的41.4億美元。美光科技的淨利潤率為22.78%,股本回報率為13.26%。與去年同期相比,該公司的季度收入下降了46.9%。去年同期,該公司每股收益為2.07美元。研究分析師平均預計,美光科技公司本年度每股收益將達到2.51美元。
美光科技宣佈分紅
該公司最近還宣佈了季度股息,股息於1月19日星期四支付。1月3日,週二,登記在冊的股東獲得了0.115美元的股息。這意味着年化股息為0.46美元,收益率為0.73%。本次股息除息日期為12月30日(星期五)。美光科技的派息率目前為8.35%。
美光技術簡介
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美光科技有限公司致力於提供創新的內存和存儲解決方案。它通過以下細分市場運作:計算和網絡業務部門(CNBU)、移動業務部門(MBU)、存儲業務部門(SBU)和嵌入式業務部門(EBU)。CNBU細分市場包括銷售到雲服務器、企業、客户端、圖形和網絡市場的內存產品。