15,340 Shares in Seagate Technology Holdings plc (NASDAQ:STX) Purchased by Aigen Investment Management LP

Aigen Investment Management LP bought a new stake in Seagate Technology Holdings plc (NASDAQ:STX) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 15,340 shares of the data storage provider’s stock, valued at approximately $1,324,000.

Other hedge funds have also recently bought and sold shares of the company. Ashton Thomas Securities LLC bought a new position in Seagate Technology in the 3rd quarter valued at about $26,000. Advisors Asset Management Inc. grew its holdings in shares of Seagate Technology by 177.9% during the 3rd quarter. Advisors Asset Management Inc. now owns 403 shares of the data storage provider’s stock valued at $44,000 after purchasing an additional 258 shares during the last quarter. Harvest Fund Management Co. Ltd bought a new stake in shares of Seagate Technology during the 3rd quarter valued at approximately $53,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Seagate Technology during the 3rd quarter valued at approximately $54,000. Finally, Brooklyn Investment Group bought a new stake in shares of Seagate Technology during the 3rd quarter valued at approximately $56,000. 92.87% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

STX has been the topic of several research reports. UBS Group lifted their price target on shares of Seagate Technology from $95.00 to $105.00 and gave the company a “neutral” rating in a report on Wednesday, January 22nd. Barclays lifted their price target on shares of Seagate Technology from $95.00 to $105.00 and gave the company an “equal weight” rating in a report on Wednesday, January 22nd. Northland Securities reaffirmed an “outperform” rating and set a $160.00 price target (up from $144.00) on shares of Seagate Technology in a report on Wednesday, January 22nd. Bank of America lifted their price target on shares of Seagate Technology from $124.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, January 22nd. Finally, Morgan Stanley cut their target price on shares of Seagate Technology from $133.00 to $129.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $122.56.

Seagate Technology Stock Down 1.8 %

NASDAQ:STX opened at $92.43 on Thursday. The company has a fifty day moving average of $96.37 and a 200-day moving average of $99.93. The firm has a market capitalization of $19.57 billion, a P/E ratio of 16.90 and a beta of 1.07. Seagate Technology Holdings plc has a twelve month low of $82.31 and a twelve month high of $115.32.

Seagate Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 19th will be paid a $0.72 dividend. The ex-dividend date is Wednesday, March 19th. This represents a $2.88 annualized dividend and a dividend yield of 3.12%. Seagate Technology’s dividend payout ratio is currently 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.