Nisa Investment Advisors LLC Has $3.76 Million Stake in VMware, Inc. (VMW)

Nisa Investment Advisors LLC lowered its holdings in shares of VMware, Inc. (NYSE:VMW) by 12.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 30,020 shares of the virtualization software provider’s stock after selling 4,300 shares during the period. Nisa Investment Advisors LLC’s holdings in VMware were worth $3,762,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the company. Investec Asset Management LTD raised its stake in shares of VMware by 0.5% during the third quarter. Investec Asset Management LTD now owns 2,682,460 shares of the virtualization software provider’s stock valued at $292,898,000 after acquiring an additional 13,318 shares during the last quarter. Voya Investment Management LLC increased its position in shares of VMware by 25.7% during the second quarter. Voya Investment Management LLC now owns 2,633,434 shares of the virtualization software provider’s stock worth $230,241,000 after buying an additional 538,393 shares during the period. JPMorgan Chase & Co. increased its position in shares of VMware by 2.6% during the third quarter. JPMorgan Chase & Co. now owns 2,379,344 shares of the virtualization software provider’s stock worth $259,824,000 after buying an additional 59,923 shares during the period. APG Asset Management N.V. increased its position in shares of VMware by 302.3% during the third quarter. APG Asset Management N.V. now owns 2,044,921 shares of the virtualization software provider’s stock worth $223,285,000 after buying an additional 1,536,600 shares during the period. Finally, Wells Fargo & Company MN increased its position in shares of VMware by 6.3% during the third quarter. Wells Fargo & Company MN now owns 1,792,367 shares of the virtualization software provider’s stock worth $195,708,000 after buying an additional 105,543 shares during the period. 22.53% of the stock is owned by hedge funds and other institutional investors.

VMware, Inc. (VMW) opened at $135.33 on Thursday. VMware, Inc. has a 12 month low of $81.26 and a 12 month high of $135.99. The firm has a market cap of $53,270.66, a price-to-earnings ratio of 38.89, a price-to-earnings-growth ratio of 3.04 and a beta of 0.67. The company has a quick ratio of 2.86, a current ratio of 2.86 and a debt-to-equity ratio of 0.51.

VMware (NYSE:VMW) last released its quarterly earnings data on Thursday, November 30th. The virtualization software provider reported $1.34 earnings per share for the quarter, beating analysts’ consensus estimates of $1.27 by $0.07. VMware had a net margin of 18.97% and a return on equity of 18.57%. The firm had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.97 billion. During the same period last year, the firm earned $1.14 earnings per share. The business’s quarterly revenue was up 11.1% compared to the same quarter last year. equities research analysts anticipate that VMware, Inc. will post 3.77 EPS for the current fiscal year.

In related news, EVP Maurizio Carli sold 2,581 shares of the firm’s stock in a transaction dated Wednesday, January 3rd. The shares were sold at an average price of $129.88, for a total transaction of $335,220.28. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Egon Durban sold 435,682 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $109.31, for a total transaction of $47,624,399.42. The disclosure for this sale can be found here. Insiders sold 484,155 shares of company stock worth $53,551,032 over the last ninety days. Insiders own 34.40% of the company’s stock.

Several research firms have recently weighed in on VMW. Royal Bank of Canada increased their price objective on shares of VMware to $150.00 and gave the stock an “outperform” rating in a research report on Wednesday. They noted that the move was a valuation call. Robert W. Baird reiterated a “buy” rating and set a $125.00 price objective on shares of VMware in a research report on Wednesday, October 4th. Drexel Hamilton reiterated a “buy” rating and set a $120.00 price objective on shares of VMware in a research report on Thursday, November 30th. Zacks Investment Research upgraded shares of VMware from a “hold” rating to a “buy” rating and set a $120.00 price objective for the company in a research report on Tuesday, September 26th. Finally, Mizuho reiterated a “hold” rating and set a $110.00 price objective on shares of VMware in a research report on Thursday, November 30th. Ten analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $126.20.

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About VMware

VMware, Inc is an information technology (IT) company. The Company is engaged in development and application of virtualization technologies with x86 server-based computing, separating application software from the underlying hardware. The Company offers various products, which allow organizations to manage IT resources across private clouds and multi-cloud, multi-device environments by leveraging synergies across three product categories: Software-Defined Data Center (SDDC), Hybrid Cloud Computing and End-User Computing (EUC).

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Institutional Ownership by Quarter for VMware (NYSE:VMW)

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