Lathrop Investment Management Corp maintained its position in shares of EMC Co. (NYSE:EMC) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 387,394 shares of the information technology service provider’s stock at the end of the third quarter. EMC makes up 3.3% of Lathrop Investment Management Corp’s holdings, making the stock its 20th largest position. Lathrop Investment Management Corp’s holdings in EMC were worth $10,525,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of EMC. TT International increased its position in shares of EMC by 95.6% in the second quarter. TT International now owns 491,077 shares of the information technology service provider’s stock valued at $13,342,000 after buying an additional 240,077 shares during the last quarter. Capital Insight Partners LLC increased its position in EMC by 1.5% in the second quarter. Capital Insight Partners LLC now owns 89,728 shares of the information technology service provider’s stock valued at $2,438,000 after buying an additional 1,299 shares during the last quarter. Chevy Chase Trust Holdings Inc. increased its position in EMC by 1.5% in the second quarter. Chevy Chase Trust Holdings Inc. now owns 1,685,175 shares of the information technology service provider’s stock valued at $45,786,000 after buying an additional 25,652 shares during the last quarter. Exxonmobil Investment Management Inc. TX increased its position in EMC by 6.7% in the second quarter. Exxonmobil Investment Management Inc. TX now owns 505,585 shares of the information technology service provider’s stock valued at $13,737,000 after buying an additional 31,527 shares during the last quarter. Finally, DNB Asset Management AS increased its position in EMC by 7.7% in the second quarter. DNB Asset Management AS now owns 341,925 shares of the information technology service provider’s stock valued at $9,290,000 after buying an additional 24,500 shares during the last quarter. 79.86% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for EMC (NYSE:EMC)

EMC Co. (NYSE:EMC) remained flat at $29.05 on Tuesday. EMC Co. has a 12-month low of $22.99 and a 12-month high of $29.13. The stock’s 50 day moving average is $28.52 and its 200-day moving average is $27.28.

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Several equities analysts have recently issued reports on EMC shares. Oppenheimer Holdings Inc. reaffirmed a “buy” rating on shares of EMC in a research note on Thursday, September 8th. Robert W. Baird reaffirmed a “hold” rating on shares of EMC in a research note on Sunday, September 11th. Deutsche Bank AG raised their price target on shares of EMC from $27.00 to $29.00 and gave the company a “hold” rating in a research note on Thursday, August 25th. Wells Fargo & Co. reaffirmed a “market perform” rating on shares of EMC in a research note on Wednesday, August 31st. Finally, Hilliard Lyons downgraded shares of EMC from a “buy” rating to a “neutral” rating in a research note on Thursday, September 1st. One equities research analyst has rated the stock with a sell rating, fourteen have given a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $31.47.

About EMC

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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