MUFG Securities EMEA plc Makes New $9.16 Million Investment in VMware, Inc. (NYSE:VMW)

MUFG Securities EMEA plc acquired a new position in VMware, Inc. (NYSE:VMW) during the second quarter, according to its most recent filing with the SEC. The firm acquired 54,800 shares of the virtualization software provider’s stock, valued at approximately $9,163,000.

Other hedge funds have also modified their holdings of the company. D.A. Davidson & CO. boosted its stake in shares of VMware by 2.8% during the 2nd quarter. D.A. Davidson & CO. now owns 2,357 shares of the virtualization software provider’s stock valued at $394,000 after purchasing an additional 64 shares in the last quarter. Oppenheimer Asset Management Inc. raised its position in shares of VMware by 3.0% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 2,336 shares of the virtualization software provider’s stock worth $391,000 after acquiring an additional 69 shares in the last quarter. Advisor Group Inc. raised its position in shares of VMware by 1.1% in the 2nd quarter. Advisor Group Inc. now owns 6,676 shares of the virtualization software provider’s stock worth $1,117,000 after acquiring an additional 71 shares in the last quarter. Holderness Investments Co. lifted its stake in shares of VMware by 2.5% in the 2nd quarter. Holderness Investments Co. now owns 3,125 shares of the virtualization software provider’s stock valued at $523,000 after purchasing an additional 75 shares during the period. Finally, Wetherby Asset Management Inc. lifted its stake in shares of VMware by 3.9% in the 2nd quarter. Wetherby Asset Management Inc. now owns 2,523 shares of the virtualization software provider’s stock valued at $422,000 after purchasing an additional 94 shares during the period. Hedge funds and other institutional investors own 17.49% of the company’s stock.

VMW stock traded down $0.33 during trading on Wednesday, hitting $152.98. 1,529,919 shares of the stock traded hands, compared to its average volume of 2,275,998. The stock has a market cap of $62.87 billion, a price-to-earnings ratio of 31.03, a price-to-earnings-growth ratio of 2.30 and a beta of 0.89. The company has a debt-to-equity ratio of 7.57, a current ratio of 0.97 and a quick ratio of 0.97. VMware, Inc. has a 1 year low of $128.69 and a 1 year high of $206.80. The firm’s 50 day moving average is $153.38 and its two-hundred day moving average is $175.16.



VMware (NYSE:VMW) last issued its earnings results on Thursday, August 22nd. The virtualization software provider reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.45. VMware had a net margin of 66.00% and a return on equity of 51.08%. The business had revenue of $2.44 billion during the quarter, compared to analysts’ expectations of $2.43 billion. During the same period in the previous year, the company earned $1.54 earnings per share. The business’s revenue for the quarter was up 12.2% compared to the same quarter last year. As a group, analysts anticipate that VMware, Inc. will post 4.86 EPS for the current fiscal year.

A number of research firms have issued reports on VMW. Monness Crespi & Hardt reiterated a “hold” rating on shares of VMware in a report on Friday, August 23rd. JPMorgan Chase & Co. restated a “buy” rating on shares of VMware in a report on Wednesday, August 21st. Stifel Nicolaus dropped their target price on shares of VMware from $160.00 to $150.00 and set a “hold” rating on the stock in a report on Friday, August 23rd. Jefferies Financial Group set a $198.00 target price on shares of VMware and gave the stock a “buy” rating in a research report on Friday, August 23rd. Finally, Deutsche Bank decreased their price target on shares of VMware from $220.00 to $190.00 and set a “buy” rating for the company in a research note on Monday, August 19th. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirteen have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $175.09.

In other news, CEO Patrick P. Gelsinger sold 20,000 shares of the company’s stock in a transaction on Friday, July 19th. The stock was sold at an average price of $180.00, for a total transaction of $3,600,000.00. Following the transaction, the chief executive officer now directly owns 445,214 shares of the company’s stock, valued at $80,138,520. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Zane Rowe sold 22,579 shares of the stock in a transaction on Thursday, June 13th. The shares were sold at an average price of $175.21, for a total value of $3,956,066.59. Following the sale, the chief financial officer now directly owns 166,974 shares in the company, valued at $29,255,514.54. The disclosure for this sale can be found here. Insiders have sold 87,357 shares of company stock valued at $13,991,149 in the last three months. 28.80% of the stock is owned by insiders.

VMware Company Profile

VMware, Inc provides software in the areas of hybrid cloud, multi-cloud, modern applications, networking and security, and digital workspaces in the United States and internationally. The company offers compute products, including VMware vSphere, a data center platform, which enables users to deploy hypervisor, a layer of software that resides between the operating system and system hardware to enable compute virtualization; and cloud management products for businesses with automated operation, programmable provisioning, and application monitoring solutions.

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Institutional Ownership by Quarter for VMware (NYSE:VMW)

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