On May 16, 2018 Dolby Laboratories Inc (NYSE:DLB) trading at 61.10 will pay $0.16 dividend

May 3, 2018 - By Bridget Boland

Dolby Laboratories, Inc. (NYSE:DLB) Corporate Logo
During 2017 Q4 the big money sentiment increased to 1.36. That’s change of 0.32, from 2017Q3’s 1.04. 23 investors sold all, 68 reduced holdings as Dolby Laboratories, Inc. ratio increased. 74 rose stakes while 50 funds acquired stakes. Funds hold 53.15 million shares thus 1.00% more from 2017Q3’s 52.63 million shares.
Barclays Public Ltd Com stated it has 26,800 shs or 0% of all its holdings. Cornerstone holds 564 shs or 0.02% of its capital. Delta Asset Mngmt Limited Liability Com Tn stated it has 15 shs. Fdx Advsrs invested 0.01% in Dolby Laboratories, Inc. (NYSE:DLB). Engineers Gate Manager Limited Partnership accumulated 23,165 shs. Ameriprise Fincl accumulated 25,127 shs. Eaton Vance Mgmt has 0.06% invested in Dolby Laboratories, Inc. (NYSE:DLB). Balyasny Asset Mgmt Limited Liability Company accumulated 0.01% or 42,027 shs. Employees Retirement Systems Of Ohio holds 0.03% or 99,137 shs in its capital. Cardinal invested 0.49% of its capital in Dolby Laboratories, Inc. (NYSE:DLB). Hbk Invs L P invested 0.02% of its capital in Dolby Laboratories, Inc. (NYSE:DLB). One Trading L P reported 0.02% of its capital in Dolby Laboratories, Inc. (NYSE:DLB). Berkshire Asset Mngmt Lc Pa accumulated 3,478 shs or 0.02% of the stock. Employees Retirement Association Of Colorado holds 0% or 10,576 shs. 9 are owned by Qs Investors Lc.

Dolby Laboratories, Inc. had 17 insider sales and 0 buys since December 15, 2017. This’s net activity of $34.41 million. GOTCHER PETER C sold $1.20M worth of Dolby Laboratories, Inc. (NYSE:DLB) on Wednesday, February 28. SHERMAN MARK ANDREW also sold $650,000 worth of Dolby Laboratories, Inc. (NYSE:DLB) on Friday, January 12. Dolby Dagmar also sold $5.34M worth of Dolby Laboratories, Inc. (NYSE:DLB) on Friday, April 27. 100,000 shs were sold by YEAMAN KEVIN J, worth $6.23M on Wednesday, February 7. DONATIELLO NICHOLAS JR sold $162,256 worth of Dolby Laboratories, Inc. (NYSE:DLB) or 2,617 shs on Tuesday, February 6. Baker Giles had sold 35,866 shs worth $2.30M on Tuesday, February 27.

On May 16, 2018 $0.16 dividend is going to be distributed by Dolby Laboratories Inc (NYSE:DLB), Faxor reports. The ex-date is May 4, 2018. Dolby Laboratories Inc has $61.10 current price. The dividend is 0.26 % of it. It has announcement date Apr 24, 2018 and record date May 7, 2018. Ticker’s shares touched $61.1 during the last trading session after 0.79% change.Dolby Laboratories, Inc. has 597,487 shares volume, 30.43% up from normal. DLB is uptrending and has moved 24.18% since May 3, 2017. The stock outperformed the S&P 500 by 12.63%.

Dolby Laboratories, Inc. creates audio and imaging technologies that transform entertainment and communications at the cinema, at home, at work, and on mobile devices.The company has $6.33 billion market cap. The firm develops and licenses its audio technologies, including Dolby Digital Plus for digital television, mobile, and Internet services; Dolby Digital, a digital audio coding technology that provides multichannel sound in the home; and AAC & HE-AAC, an audio coding technologies used to broadcast, download, and streaming content.94.73 is the P/E ratio. The Company’s audio technologies also comprise Dolby TrueHD, an audio coding technology for content providers; Dolby Atmos, an object-oriented audio technology for home theaters, device speakers, and headphones; Dolby AC-4, a digital audio coding system that addresses the current and future needs of broadcast and streaming entertainment services; Dolby Voice, an audio conferencing technology; and Dolby Vision, an imaging technology for cinema, digital television, and other consumer devices, as well as HEVC, a digital video codec with higher bandwidth efficiency used in a range of media devices.

Dolby Laboratories, Inc. (NYSE:DLB) Ratings Coverage

In total 7 analysts cover Dolby Laboratories (NYSE:DLB). “Buy” rating has 3, “Sell” are 0, while 4 are “Hold”. 43% are bullish. With $7800 highest and $59.0 lowest target Dolby Laboratories has $68.42 average target or 11.98% above the current ($61.1) price. 8 are the (NYSE:DLB)’s analyst reports since January 16, 2018 according to StockzIntelligence Inc. On Monday, January 22 the firm has “Hold” rating given by Piper Jaffray. In Tuesday, January 16 report FBR Capital downgraded it to “Hold” rating and $63.0 target. On Thursday, January 25 the stock of Dolby Laboratories, Inc. (NYSE:DLB) has “Neutral” rating given by JP Morgan. On Thursday, January 25 the firm has “Hold” rating by FBR Capital given. In Tuesday, January 16 report B. Riley & Co downgraded the stock to “Neutral” rating. On Tuesday, April 3 the firm has “Buy” rating by Dougherty given.

Dolby Laboratories, Inc. (NYSE:DLB) Institutional Investors Chart

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