Aperio Group LLC raised its stake in shares of VMware Inc. (NYSE:VMW) by 0.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 64,943 shares of the virtualization software provider’s stock after buying an additional 5 shares during the period. Aperio Group LLC’s holdings in VMware were worth $4,764,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in VMW. Pacer Advisors Inc. increased its stake in shares of VMware by 10.5% in the second quarter. Pacer Advisors Inc. now owns 1,773 shares of the virtualization software provider’s stock valued at $101,000 after buying an additional 168 shares in the last quarter. BlueMountain Capital Management LLC acquired a new stake in shares of VMware during the first quarter valued at $106,000. Orinda Asset Management LLC acquired a new stake in shares of VMware during the third quarter valued at $197,000. Advisor Group Inc. acquired a new stake in shares of VMware during the second quarter valued at $163,000. Finally, World Asset Management Inc acquired a new stake in shares of VMware during the third quarter valued at $238,000. Institutional investors own 21.24% of the company’s stock.

Institutional Ownership by Quarter for VMware (NYSE:VMW)

VMware Inc. (NYSE:VMW) traded down 0.58% on Wednesday, reaching $81.14. 1,341,432 shares of the company’s stock were exchanged. The firm’s 50-day moving average is $76.36 and its 200-day moving average is $69.54. The firm has a market cap of $33.39 billion, a PE ratio of 30.84 and a beta of 1.00. VMware Inc. has a 12 month low of $43.25 and a 12 month high of $81.84.

VMware (NYSE:VMW) last issued its quarterly earnings data on Wednesday, October 26th. The virtualization software provider reported $1.14 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.10 by $0.04. VMware had a net margin of 16.14% and a return on equity of 16.00%. The company earned $1.78 billion during the quarter, compared to the consensus estimate of $296.82 million. During the same quarter in the prior year, the firm earned $1.02 earnings per share. The firm’s revenue was up 6.5% compared to the same quarter last year. On average, equities analysts forecast that VMware Inc. will post $4.36 earnings per share for the current year.

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Several analysts have recently weighed in on the company. Barclays PLC assumed coverage on VMware in a research note on Tuesday, September 13th. They set an “equal weight” rating and a $82.00 target price for the company. Jefferies Group lifted their price target on VMware from $84.00 to $89.00 and gave the stock a “buy” rating in a research note on Monday, September 12th. Drexel Hamilton reiterated a “buy” rating and issued a $90.00 price target (up from $85.00) on shares of VMware in a research note on Thursday, October 27th. Mizuho reiterated a “neutral” rating and issued a $66.00 price target (up from $61.00) on shares of VMware in a research note on Thursday, September 1st. Finally, Pacific Crest reiterated an “equal weight” rating on shares of VMware in a research note on Monday, October 17th. One equities research analyst has rated the stock with a sell rating, nineteen have given a hold rating and nineteen have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $78.39.

In other news, VP S. Dawn Smith sold 977 shares of the stock in a transaction on Thursday, September 8th. The shares were sold at an average price of $73.59, for a total transaction of $71,897.43. Following the completion of the sale, the vice president now owns 54,653 shares of the company’s stock, valued at $4,021,914.27. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.52% of the company’s stock.

About VMware

VMware, Inc is a provider of virtualization infrastructure solutions and cloud infrastructure solutions. The Company develops and markets its product and service offerings within three product groups, which include software-defined data center (SDDC), hybrid cloud computing and end-user computing (EUC).

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