Cypress Capital Group grew its position in shares of VMware, Inc. (NYSE:VMW) by 5.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,920 shares of the virtualization software provider’s stock after acquiring an additional 200 shares during the period. Cypress Capital Group’s holdings in VMware were worth $538,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Nkcfo LLC bought a new position in shares of VMware during the fourth quarter valued at about $120,000. Bank of Montreal Can raised its stake in shares of VMware by 1.3% during the fourth quarter. Bank of Montreal Can now owns 173,961 shares of the virtualization software provider’s stock valued at $23,855,000 after acquiring an additional 2,254 shares during the last quarter. Ackerman Capital Advisors LLC raised its stake in shares of VMware by 10,184.8% during the fourth quarter. Ackerman Capital Advisors LLC now owns 205,695 shares of the virtualization software provider’s stock valued at $1,500,000 after acquiring an additional 203,695 shares during the last quarter. Hsbc Holdings PLC raised its stake in shares of VMware by 183.1% during the fourth quarter. Hsbc Holdings PLC now owns 196,028 shares of the virtualization software provider’s stock valued at $26,881,000 after acquiring an additional 126,788 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System raised its stake in shares of VMware by 0.3% during the fourth quarter. State Board of Administration of Florida Retirement System now owns 95,841 shares of the virtualization software provider’s stock valued at $13,143,000 after acquiring an additional 252 shares during the last quarter. 17.94% of the stock is owned by hedge funds and other institutional investors.

Several equities analysts have recently commented on the stock. Citigroup upped their price objective on shares of VMware from $166.00 to $201.00 and gave the company a “buy” rating in a research note on Friday, March 1st. Wells Fargo & Co increased their price target on shares of VMware from $155.00 to $180.00 and gave the stock a “market perform” rating in a research note on Friday, March 1st. Raymond James increased their price target on shares of VMware from $163.00 to $196.00 and gave the stock an “outperform” rating in a research note on Friday, March 1st. Barclays increased their price target on shares of VMware from $168.00 to $200.00 and gave the stock an “overweight” rating in a research note on Friday, March 1st. Finally, Nomura set a $130.00 price target on shares of VMware and gave the stock a “sell” rating in a research note on Friday, March 1st. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and fourteen have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $179.61.

In related news, VP Amy Fliegelman Olli sold 1,723 shares of the stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $178.98, for a total transaction of $308,382.54. Following the transaction, the vice president now owns 34,332 shares in the company, valued at $6,144,741.36. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, COO Sanjay Poonen sold 16,135 shares of the stock in a transaction that occurred on Wednesday, January 9th. The shares were sold at an average price of $147.88, for a total transaction of $2,386,043.80. The disclosure for this sale can be found here. In the last quarter, insiders have sold 197,644 shares of company stock worth $32,550,150. Corporate insiders own 29.90% of the company’s stock.

NYSE:VMW opened at $181.44 on Wednesday. VMware, Inc. has a 52 week low of $117.61 and a 52 week high of $188.51. The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.04 and a current ratio of 3.04. The company has a market cap of $74.45 billion, a PE ratio of 36.80, a PEG ratio of 2.90 and a beta of 0.76.

VMware (NYSE:VMW) last posted its quarterly earnings results on Thursday, February 28th. The virtualization software provider reported $1.98 EPS for the quarter, beating the Zacks’ consensus estimate of $1.88 by $0.10. VMware had a net margin of 26.99% and a return on equity of 19.46%. During the same quarter in the previous year, the business earned $1.68 EPS. As a group, equities analysts predict that VMware, Inc. will post 4.94 earnings per share for the current fiscal year.

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VMware Company Profile

VMware, Inc provides compute, cloud, mobility, networking, and security infrastructure software to businesses 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; storage and availability products that provide data storage and protection options; network and security products; and cloud management and automation products to manage and automate overarching IT processes involved in provisioning IT services and resources to users from initial infrastructure deployment to retirement.

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Institutional Ownership by Quarter for VMware (NYSE:VMW)

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