Investors sold shares of EMC Corp. (NYSE:EMC) on strength during trading on Thursday. $42.16 million flowed into the stock on the tick-up and $80.73 million flowed out of the stock on the tick-down, for a money net flow of $38.57 million out of the stock. Of all equities tracked, EMC Corp. had the 0th highest net out-flow for the day. EMC Corp. traded up $0.04 for the day and closed at $28.21

Several equities research analysts recently commented on the stock. Argus reiterated a “hold” rating on shares of EMC Corp. in a research report on Friday. Robert W. Baird restated an “outperform” rating and issued a $29.00 price target (up previously from $28.00) on shares of EMC Corp. in a research report on Tuesday. Zacks Investment Research downgraded shares of EMC Corp. from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Raymond James Financial Inc. downgraded shares of EMC Corp. from an “outperform” rating to a “market perform” rating in a research report on Monday, July 18th. Finally, Citigroup Inc. downgraded shares of EMC Corp. to a “market perform” rating in a research report on Monday, July 18th. One analyst has rated the stock with a sell rating, seventeen have issued a hold rating and fourteen have issued a buy rating to the company’s stock. EMC Corp. has an average rating of “Hold” and an average target price of $30.38.

The company has a market cap of $55.49 billion and a PE ratio of 27.64. The firm’s 50 day moving average is $27.63 and its 200 day moving average is $26.36.

EMC Corp. (NYSE:EMC) last issued its quarterly earnings data on Monday, July 18th. The information technology service provider reported $0.45 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.42 by $0.03. During the same period in the previous year, the firm posted $0.43 earnings per share. The firm earned $6 billion during the quarter, compared to analyst estimates of $6 billion. The company’s quarterly revenue was up .3% compared to the same quarter last year. On average, equities analysts predict that EMC Corp. will post $1.80 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 22nd. Stockholders of record on Friday, July 1st were paid a $0.115 dividend. The ex-dividend date of this dividend was Wednesday, June 29th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 1.62%.

A number of hedge funds and institutional investors recently added to or reduced their stakes in EMC. Profund Advisors LLC boosted its position in EMC Corp. by 18.6% in the fourth quarter. Profund Advisors LLC now owns 43,968 shares of the information technology service provider’s stock valued at $1,129,000 after buying an additional 6,911 shares during the last quarter. Bangor Savings Bank boosted its position in EMC Corp. by 3.9% in the fourth quarter. Bangor Savings Bank now owns 45,652 shares of the information technology service provider’s stock valued at $1,172,000 after buying an additional 1,724 shares during the last quarter. Hamilton Point Investment Advisors LLC boosted its position in EMC Corp. by 6.3% in the fourth quarter. Hamilton Point Investment Advisors LLC now owns 86,721 shares of the information technology service provider’s stock valued at $2,227,000 after buying an additional 5,110 shares during the last quarter. Tradition Capital Management LLC boosted its position in EMC Corp. by 0.6% in the fourth quarter. Tradition Capital Management LLC now owns 87,650 shares of the information technology service provider’s stock valued at $2,250,000 after buying an additional 500 shares during the last quarter. Finally, Napier Park Global Capital US LP bought a new position in EMC Corp. during the fourth quarter valued at approximately $2,568,000.

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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