Winslow Evans & Crocker Inc. lowered its stake in EMC Corp. (NYSE:EMC) by 1.2% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 87,426 shares of the information technology service provider’s stock after selling 1,099 shares during the period. Winslow Evans & Crocker Inc.’s holdings in EMC Corp. were worth $2,375,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. LGT Capital Partners LTD. boosted its position in EMC Corp. by 322.6% in the first quarter. LGT Capital Partners LTD. now owns 576,850 shares of the information technology service provider’s stock valued at $15,373,000 after buying an additional 440,350 shares during the period. DnB Asset Management AS boosted its position in shares of EMC Corp. by 24.8% in the first quarter. DnB Asset Management AS now owns 317,425 shares of the information technology service provider’s stock valued at $8,459,000 after buying an additional 63,100 shares during the last quarter. CENTRAL TRUST Co bought a new position in shares of EMC Corp. during the first quarter valued at about $1,973,000. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in shares of EMC Corp. by 15.5% in the first quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 442,899 shares of the information technology service provider’s stock valued at $11,803,000 after buying an additional 59,525 shares during the last quarter. Finally, Exxonmobil Investment Management Inc. TX boosted its position in shares of EMC Corp. by 9.1% in the first quarter. Exxonmobil Investment Management Inc. TX now owns 474,058 shares of the information technology service provider’s stock valued at $12,634,000 after buying an additional 39,484 shares during the last quarter. Institutional investors own 79.86% of the company’s stock.

Shares of EMC Corp. (NYSE:EMC) remained flat at $29.05 during trading on Friday. EMC Corp. has a 12 month low of $22.99 and a 12 month high of $29.00. The stock has a 50 day moving average of $28.53 and a 200 day moving average of $27.32.

EMC Corp. (NYSE:EMC) last issued its quarterly earnings results on Monday, July 18th. The information technology service provider reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.03. EMC Corp. had a return on equity of 11.98% and a net margin of 8.55%. The company earned $6 billion during the quarter, compared to analyst estimates of $6 billion. During the same period in the previous year, the company earned $0.43 earnings per share. The company’s quarterly revenue was up .3% compared to the same quarter last year. On average, analysts expect that EMC Corp. will post $1.84 EPS for the current year.

Several analysts recently commented on EMC shares. Robert W. Baird reiterated a “hold” rating on shares of EMC Corp. in a research report on Sunday, September 11th. Drexel Hamilton reiterated a “buy” rating on shares of EMC Corp. in a research report on Sunday, July 24th. Wells Fargo & Co. restated a “market perform” rating on shares of EMC Corp. in a research report on Wednesday, August 31st. Deutsche Bank AG upped their price objective on shares of EMC Corp. from $27.00 to $29.00 and gave the stock a “hold” rating in a research report on Thursday, August 25th. Finally, Argus restated a “hold” rating on shares of EMC Corp. in a research report on Friday, July 22nd. One equities research analyst has rated the stock with a sell rating, eighteen have issued a hold rating and eleven have assigned a buy rating to the stock. EMC Corp. has an average rating of “Hold” and an average price target of $30.26.

EMC Corp. Company Profile

EMC Corporation (EMC) develops, delivers and supports the information technology (IT) industry’s range of information infrastructure and virtual infrastructure technologies, solutions and services. EMC manages the Company as part of a federation of businesses: EMC Information Infrastructure, VMware Virtual Infrastructure, Pivotal and Virtustream.

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