Clinton Group Has Lowered Its Position in Equity Residential (EQR) by $3.16 Million as Valuation Rose; Villere St Denis J & Co Has Raised Holding in Western Digital (WDC) by $18.89 Million as Valuation Declined

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Villere St Denis J & Co Llc increased its stake in Western Digital Corp (WDC) by 31.81% based on its latest 2018Q3 regulatory filing with the SEC. Villere St Denis J & Co Llc bought 325,610 shares as the company’s stock declined 26.98% with the market. The institutional investor held 1.35M shares of the electronic components company at the end of 2018Q3, valued at $78.99 million, up from 1.02 million at the end of the previous reported quarter. Villere St Denis J & Co Llc who had been investing in Western Digital Corp for a number of months, seems to be bullish on the $13.87B market cap company. The stock increased 0.91% or $0.43 during the last trading session, reaching $47.69. About 6.11M shares traded. Western Digital Corporation (NASDAQ:WDC) has declined 46.83% since February 14, 2018 and is downtrending. It has underperformed by 46.83% the S&P500. Some Historical WDC News: 09/04/2018 – Access, Edit and Share Massive 4K and 8K RAW Video From Multi Camera Shoots in Real Time with Fast and Reliable Western Digital; 09/03/2018 – Western Digital to invest $4.6bn in joint venture with Toshiba; 05/03/2018 MFS Technology Adds TE Connectivity, Exits Western Digital; 16/05/2018 – Western Digital Closes Above 200-Day Moving Average: Technicals; 02/05/2018 – Western Digital Board Declares Dividend for Fourth Fiscal Quarter 2018; 19/04/2018 – 3D Non-Volatile Memory Patent Landscape Analysis 2018 Featuring SanDisk/Western Digital, Micron Technology, SK Hynix, Toshiba, Samsung & Macronix International – ResearchAndMarkets.com; 14/05/2018 – Global SSD Controllers Market 2018-2022 with Marvell, Samsung, Toshiba & Western Digital Dominating – ResearchAndMarkets.com; 12/04/2018 – Cloudian Appoints Michael Morgan as Chief Financial Officer as Company Enters Fourth Year of Record Growth; 26/04/2018 – Western Digital 3Q EPS 20c; 15/05/2018 – WESTERN DIGITAL CORP – AT LEAST 50 PERCENT OF SHARE REPURCHASES ARE TARGETED FOR REMAINDER OF CURRENT FISCAL QUARTER

Clinton Group Inc decreased its stake in Equity Residential (EQR) by 69.76% based on its latest 2018Q3 regulatory filing with the SEC. Clinton Group Inc sold 47,933 shares as the company’s stock rose 5.47% while stock markets declined. The hedge fund held 20,782 shares of the real estate investment trusts company at the end of 2018Q3, valued at $1.38 million, down from 68,715 at the end of the previous reported quarter. Clinton Group Inc who had been investing in Equity Residential for a number of months, seems to be less bullish one the $28.09 billion market cap company. The stock increased 1.03% or $0.75 during the last trading session, reaching $73.29. About 1.25 million shares traded. Equity Residential (NYSE:EQR) has risen 9.76% since February 14, 2018 and is uptrending. It has outperformed by 9.76% the S&P500. Some Historical EQR News: 25/04/2018 – EQUITY RESIDENTIAL COO DAVID SANTEE SPEAKS IN CALL; 19/04/2018 – DJ Equity Residential, Inst Holders, 1Q 2018 (EQR); 24/04/2018 – EQR SEES 2Q NORMALIZED FFO/SHR 77C TO 81C, EST. 80C; 25/04/2018 – EQR: NYC RENEWAL RATES ARE UP 2.9%; 15/03/2018 – Equity Residential Raises 1st Quarter Dividend to 54c Vs. 50.375c; 24/04/2018 – EQUITY RESIDENTIAL 1Q REV. $633.0M, EST. $627.9M; 24/04/2018 – Equity Residential Sees 2Q FFO 77c/Shr-FFO 81c/Shr; 26/03/2018 – Real Deal NY: Equity Residential sells UES rental building for north of $85M; 24/04/2018 – Equity Residential 1Q EPS 57c; 24/04/2018 – Equity Residential 1Q Rev $633M

Among 40 analysts covering Western Digital (NASDAQ:WDC), 21 have Buy rating, 2 Sell and 17 Hold. Therefore 53% are positive. Western Digital had 197 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Western Digital Corporation (NASDAQ:WDC) has “Hold” rating given on Friday, January 26 by Summit Redstone Partners. The rating was maintained by BMO Capital Markets on Friday, January 26 with “Hold”. The stock of Western Digital Corporation (NASDAQ:WDC) has “Neutral” rating given on Friday, December 11 by Mizuho. As per Friday, July 28, the company rating was maintained by BTIG Research. As per Thursday, October 12, the company rating was maintained by UBS. The company was downgraded on Tuesday, September 4 by Evercore. As per Monday, January 14, the company rating was downgraded by Evercore. The stock of Western Digital Corporation (NASDAQ:WDC) has “Buy” rating given on Sunday, October 8 by Mizuho. The firm has “Buy” rating by Guggenheim given on Friday, July 28. UBS initiated Western Digital Corporation (NASDAQ:WDC) rating on Tuesday, March 6. UBS has “Hold” rating and $90.0 target.

More notable recent Western Digital Corporation (NASDAQ:WDC) news were published by: Nasdaq.com which released: “Nasdaq 100 Movers: NVDA, WDC – Nasdaq” on January 28, 2019, also Nasdaq.com with their article: “Western Digital (WDC) Gains But Lags Market: What You Should Know – Nasdaq” published on January 10, 2019, Zacks.com published: “Western Digital (WDC) Outpaces Stock Market Gains: What You Should Know – Zacks.com” on January 16, 2019. More interesting news about Western Digital Corporation (NASDAQ:WDC) were released by: Nasdaq.com and their article: “Earnings Reaction History: Western Digital Corp., 50.0% Follow-Through Indicator, 7.0% Sensitive – Nasdaq” published on January 24, 2019 as well as Fool.com‘s news article titled: “Will Western Digital Cut Its Dividend in 2019? – The Motley Fool” with publication date: January 15, 2019.

Since November 2, 2018, it had 0 insider buys, and 1 insider sale for $80,148 activity.

Investors sentiment decreased to 1.1 in 2018 Q3. Its down 0.15, from 1.25 in 2018Q2. It fall, as 93 investors sold WDC shares while 169 reduced holdings. 69 funds opened positions while 220 raised stakes. 235.05 million shares or 0.29% more from 234.39 million shares in 2018Q2 were reported. Moreover, State Common Retirement Fund has 0.09% invested in Western Digital Corporation (NASDAQ:WDC). Clearbridge Llc reported 8.93 million shares. Parkside Retail Bank & Tru accumulated 134 shares. Shanda Asset Mgmt accumulated 20,000 shares. Ww Asset has 0.05% invested in Western Digital Corporation (NASDAQ:WDC) for 19,013 shares. Ftb Advisors Incorporated holds 155 shares or 0.01% of its portfolio. Moreover, Cubist Systematic Strategies Lc has 0.03% invested in Western Digital Corporation (NASDAQ:WDC) for 8,083 shares. Earnest Prtnrs Ltd Liability Co stated it has 132 shares or 0% of all its holdings. Moody Bank Division invested in 72,915 shares. Stifel Fincl stated it has 0.07% in Western Digital Corporation (NASDAQ:WDC). Optimum Investment Advsr invested 0.06% of its portfolio in Western Digital Corporation (NASDAQ:WDC). Barry Investment Advisors Ltd Llc invested 0.12% of its portfolio in Western Digital Corporation (NASDAQ:WDC). American Beacon Advsrs Inc owns 4,586 shares for 1.82% of their portfolio. Saturna Cap Corp stated it has 0.01% of its portfolio in Western Digital Corporation (NASDAQ:WDC). Amer Century owns 612,326 shares for 0.03% of their portfolio.

Villere St Denis J & Co Llc, which manages about $3.49 billion and $1.65B US Long portfolio, decreased its stake in Axon Enterprise Inc by 66,500 shares to 1.11M shares, valued at $75.97 million in 2018Q3, according to the filing. It also reduced its holding in Apple Inc (NASDAQ:AAPL) by 1,650 shares in the quarter, leaving it with 54,631 shares, and cut its stake in Visa Inc (NYSE:V).

Clinton Group Inc, which manages about $2.04B and $279.29 million US Long portfolio, upped its stake in At&T Inc (NYSE:T) by 38,858 shares to 56,760 shares, valued at $1.91 million in 2018Q3, according to the filing. It also increased its holding in Dominion Energy Inc (NYSE:D) by 6,860 shares in the quarter, for a total of 24,092 shares, and has risen its stake in Ameren Corp (NYSE:AEE).

Investors sentiment increased to 0.95 in Q3 2018. Its up 0.01, from 0.94 in 2018Q2. It improved, as 23 investors sold EQR shares while 160 reduced holdings. 46 funds opened positions while 127 raised stakes. 312.96 million shares or 0.78% less from 315.41 million shares in 2018Q2 were reported. American Century Companies Inc owns 1.36 million shares for 0.09% of their portfolio. Putnam Investments Limited Liability invested in 0.05% or 363,077 shares. Mackenzie Fin Corporation holds 33,233 shares or 0.01% of its portfolio. Oppenheimer & Communications Incorporated holds 0.04% or 24,100 shares. Iowa-based Principal Financial Group has invested 0.14% in Equity Residential (NYSE:EQR). Macquarie Gru Ltd holds 1.27% in Equity Residential (NYSE:EQR) or 11.74M shares. Old Bancshares In owns 5,512 shares. Two Sigma Limited Com accumulated 0% or 6,073 shares. Cwm Lc, a Nebraska-based fund reported 3,121 shares. Tudor Investment Et Al, Connecticut-based fund reported 4,700 shares. Boothbay Fund Mngmt Lc holds 8,102 shares. Hl Ser Ltd Liability stated it has 0% of its portfolio in Equity Residential (NYSE:EQR). Utah Retirement has 0.11% invested in Equity Residential (NYSE:EQR) for 89,572 shares. First Citizens National Bank And Tru has 0.06% invested in Equity Residential (NYSE:EQR). Lourd Ltd Limited Liability Company owns 0.02% invested in Equity Residential (NYSE:EQR) for 5,464 shares.

Since September 5, 2018, it had 0 buys, and 29 sales for $40.18 million activity. 44,562 shares were sold by NEITHERCUT DAVID J, worth $3.02M. Manelis Michael L sold $45,501 worth of stock. On Tuesday, February 5 Fenster Scott sold $34,301 worth of Equity Residential (NYSE:EQR) or 475 shares. Kaufman Ian had sold 932 shares worth $67,302. Shares for $732,900 were sold by Altshuler Barry. On Tuesday, February 5 the insider Garechana Robert sold $49,610.

Western Digital Corporation (NASDAQ:WDC) Institutional Positions Chart