6,154 Shares in Vmware, Inc. (NYSE:VMW) Acquired by Delta Lloyd Asset Management N.V.

Delta Lloyd Asset Management N.V. acquired a new stake in shares of Vmware, Inc. (NYSE:VMW) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 6,154 shares of the virtualization software provider’s stock, valued at approximately $538,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ameriprise Financial Inc. raised its holdings in shares of Vmware by 34.1% during the first quarter. Ameriprise Financial Inc. now owns 103,084 shares of the virtualization software provider’s stock worth $9,495,000 after acquiring an additional 26,199 shares in the last quarter. BNP Paribas Arbitrage SA raised its holdings in shares of Vmware by 64.3% during the second quarter. BNP Paribas Arbitrage SA now owns 35,641 shares of the virtualization software provider’s stock worth $3,116,000 after acquiring an additional 13,946 shares in the last quarter. Nordea Investment Management AB increased its position in Vmware by 13.5% during the first quarter. Nordea Investment Management AB now owns 5,329 shares of the virtualization software provider’s stock worth $491,000 after buying an additional 632 shares during the last quarter. NN Investment Partners Holdings N.V. increased its position in Vmware by 4.2% during the first quarter. NN Investment Partners Holdings N.V. now owns 428,030 shares of the virtualization software provider’s stock worth $39,438,000 after buying an additional 17,320 shares during the last quarter. Finally, Investec Asset Management North America Inc. increased its position in Vmware by 4.2% during the first quarter. Investec Asset Management North America Inc. now owns 130,511 shares of the virtualization software provider’s stock worth $12,025,000 after buying an additional 5,223 shares during the last quarter. Institutional investors own 21.82% of the company’s stock.

Vmware, Inc. (VMW) opened at 109.15 on Friday. Vmware, Inc. has a one year low of $72.05 and a one year high of $111.61. The firm has a market cap of $44.64 billion, a price-to-earnings ratio of 39.29 and a beta of 0.74. The stock has a 50 day moving average of $101.27 and a 200 day moving average of $94.04.

Vmware (NYSE:VMW) last issued its quarterly earnings data on Thursday, August 24th. The virtualization software provider reported $1.19 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.15 by $0.04. The business had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.89 billion. Vmware had a net margin of 17.81% and a return on equity of 18.06%. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.97 EPS. Equities research analysts predict that Vmware, Inc. will post $5.07 EPS for the current fiscal year.

Vmware declared that its Board of Directors has authorized a stock buyback program on Monday, August 14th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the virtualization software provider to buy up to 2.5% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s leadership believes its shares are undervalued.

Several brokerages have recently issued reports on VMW. BMO Capital Markets raised their price target on Vmware from $105.00 to $110.00 and gave the company a “market perform” rating in a research report on Tuesday, August 15th. Citigroup Inc. increased their target price on shares of Vmware from $120.00 to $124.00 and gave the company a “buy” rating in a research note on Friday, August 11th. Mizuho increased their target price on shares of Vmware from $90.00 to $95.00 and gave the company a “neutral” rating in a research note on Monday, August 14th. Zacks Investment Research cut shares of Vmware from a “buy” rating to a “hold” rating in a research note on Friday. Finally, Robert W. Baird set a $115.00 target price on shares of Vmware and gave the company a “buy” rating in a research note on Monday, August 14th. Fourteen analysts have rated the stock with a hold rating and twenty have given a buy rating to the company. Vmware presently has a consensus rating of “Buy” and a consensus price target of $112.00.

In related news, COO Rajiv Ramaswami sold 20,457 shares of the stock in a transaction dated Monday, July 10th. The shares were sold at an average price of $87.84, for a total transaction of $1,796,942.88. Following the sale, the chief operating officer now directly owns 313,721 shares of the company’s stock, valued at approximately $27,557,252.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Sanjay Poonen sold 1,134 shares of the stock in a transaction dated Friday, September 8th. The shares were sold at an average price of $106.51, for a total transaction of $120,782.34. Following the sale, the chief operating officer now directly owns 192,774 shares in the company, valued at $20,532,358.74. The disclosure for this sale can be found here. Insiders sold a total of 41,342 shares of company stock worth $4,045,490 over the last ninety days. Insiders own 0.52% of the company’s stock.

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Vmware Company Profile

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).

Institutional Ownership by Quarter for Vmware (NYSE:VMW)

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