Teacher Retirement System of Texas reduced its stake in VMware, Inc. (NYSE:VMW) by 20.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 72,330 shares of the virtualization software provider’s stock after selling 18,711 shares during the quarter. Teacher Retirement System of Texas’ holdings in VMware were worth $9,064,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its position in shares of VMware by 3.7% in the 4th quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 18,911 shares of the virtualization software provider’s stock worth $2,459,000 after purchasing an additional 672 shares in the last quarter. Calton & Associates Inc. bought a new stake in shares of VMware in the 4th quarter worth approximately $338,000. Claraphi Advisory Network LLC bought a new stake in shares of VMware in the 4th quarter worth approximately $392,000. Columbus Macro LLC bought a new stake in shares of VMware in the 4th quarter worth approximately $724,000. Finally, Public Employees Retirement Association of Colorado boosted its position in shares of VMware by 3.4% in the 4th quarter. Public Employees Retirement Association of Colorado now owns 13,983 shares of the virtualization software provider’s stock worth $1,752,000 after purchasing an additional 455 shares in the last quarter. 21.86% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts have recently commented on VMW shares. Barclays reissued a “buy” rating on shares of VMware in a research report on Friday, November 10th. Stifel Nicolaus reissued a “buy” rating and issued a $152.00 price target (up from $150.00) on shares of VMware in a research report on Monday, November 27th. Bank of America boosted their price target on VMware from $125.00 to $148.00 and gave the stock a “buy” rating in a research report on Monday, November 27th. Zacks Investment Research raised VMware from a “hold” rating to a “buy” rating and set a $134.00 price target on the stock in a research report on Wednesday, October 25th. Finally, Drexel Hamilton reaffirmed a “buy” rating and issued a $120.00 price objective on shares of VMware in a research report on Thursday, November 2nd. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and nineteen have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $130.00.

VMware, Inc. (NYSE VMW) opened at $120.08 on Wednesday. The firm has a market capitalization of $46,997.83, a price-to-earnings ratio of 34.51, a PEG ratio of 2.42 and a beta of 0.81. The company has a debt-to-equity ratio of 0.51, a quick ratio of 2.86 and a current ratio of 2.86. VMware, Inc. has a twelve month low of $85.45 and a twelve month high of $165.00.

VMware (NYSE:VMW) last released its quarterly earnings results on Thursday, November 30th. The virtualization software provider reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.07. The firm had revenue of $1.98 billion for the quarter, compared to analysts’ expectations of $1.97 billion. VMware had a return on equity of 18.57% and a net margin of 18.97%. The company’s revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.14 EPS. sell-side analysts predict that VMware, Inc. will post 3.77 earnings per share for the current fiscal year.

In other news, COO Sanjay Poonen sold 10,000 shares of the stock in a transaction on Tuesday, January 9th. The stock was sold at an average price of $129.71, for a total transaction of $1,297,100.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Maurizio Carli sold 2,581 shares of the stock in a transaction on Wednesday, January 3rd. The shares were sold at an average price of $129.88, for a total value of $335,220.28. The disclosure for this sale can be found here. Insiders have sold a total of 38,726 shares of company stock worth $4,774,927 over the last three months. Insiders own 34.40% 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).

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Institutional Ownership by Quarter for VMware (NYSE:VMW)

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