Plantronics, Inc. (PLT) Sets 12-Month High on Jun, 29 at $77.03

June 29, 2018 - By Matthew Medley

Plantronics, Inc. (NYSE:PLT) Corporate Logo

During 2018 Q1 the big money sentiment increased to 1.11. That’s change of 0.05, from 2017Q4’s 1.06. 16 investors sold all, 66 reduced holdings as Plantronics, Inc. ratio improved. 58 increased holdings while 33 funds acquired holdings. Funds hold 28.74 million shares thus 3.41% less from 2017Q4’s 29.76 million shares.
Atlantic Tru Gp Ltd stated it has 100 shs or 0% of all its holdings. Lapides Asset Mgmt Lc invested in 0.88% or 66,300 shs. 6,000 are owned by Capital Counsel Ltd Liability Com New York. Rhumbline Advisers reported 71,164 shs stake. Metropolitan Life Ins Ny holds 19,178 shs or 0% of its capital. Deutsche Bancshares Ag reported 105,805 shs or 0% of all its holdings. Hotchkis Wiley Limited invested in 15,747 shs or 0% of the stock. Fort Washington Inv Advsrs Oh reported 337,570 shs. Primecap Mgmt Ca holds 0.22% or 4.86 million shs in its capital. Engineers Gate Manager Lp has 0.1% invested in Plantronics, Inc. (NYSE:PLT) for 24,179 shs. Ubs Asset Mngmt Americas accumulated 0% or 23,807 shs. Bessemer Grp holds 16,100 shs or 0% of its capital. Old Natl Bankshares In reported 0.02% stake. Bancorp Of Montreal Can reported 11,599 shs. First Manhattan invested in 8 shs.

Plantronics, Inc. registered $1.37 million net activity with 0 buys and 14 insider sales since January 31, 2018. Another trade for 3,000 shs valued at $200,016 was made by TSEU MARVIN on Wednesday, May 9. On Wednesday, January 31 a trade for 2,500 shs valued at $146,300 was made by DEXHEIMER BRIAN S. $2,018 worth of Plantronics, Inc. (NYSE:PLT) was sold by SARKAR SHANTANU. The insider Strayer Pamela J sold $258,732. On Tuesday, May 8 MOHR MARSHALL sold $199,577 worth of Plantronics, Inc. (NYSE:PLT).

Plantronics, Inc. (NYSE:PLT) reached 52 week high with $80.88 price target or 5.00 % above the last $77.03 share price. It was announced on Jun, 29 according to Barchart.com. It has $2.57B market cap. At $80.88 stock price target, the company valuation changes by $128.60 million more.

Ticker’s shares touched $77.03 during the last trading session after 0.54% change.Currently Plantronics, Inc. is uptrending after 39.78% change in last June 29, 2017. PLT has also 37,587 shares volume. PLT outperformed the S&P 500 by 27.21%.

Earnings report for Plantronics, Inc. (NYSE:PLT) is anticipated on July, 26., according to Faxor. Analysts forecast $0.49 EPS. That’s $0.03 down or 5.77 % from 2017’s earnings of $0.52. The profit will be $16.36M for PLT if $0.49 EPS becomes true. Analysts at Wall Street see Plantronics, Inc.’s -42.35 % negative EPS growth compared to $0.85 EPS for last quarter.

Plantronics, Inc. (NYSE:PLT) Ratings Coverage

In total 3 analysts cover Plantronics Inc. (NYSE:PLT). “Buy” rating has 3, “Sell” are 0, while 0 are “Hold”. (NYSE:PLT) has 100% bullish analysts. With $64.0 highest and $60.0 lowest target, Plantronics Inc. has $62 average target or -19.51% below the current ($77.03) price. 6 are the (NYSE:PLT)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. On Thursday, March 29 the firm has “Buy” rating by Sidoti given. In Tuesday, January 2 report Sidoti upgraded the stock to “Buy” rating. On Wednesday, January 31 the stock has “Buy” rating by Northland Capital. On Thursday, January 11 the company was maintained by Northland Capital. On Thursday, February 1 the company was downgraded by Sidoti. On Wednesday, January 31 the stock of Plantronics, Inc. (NYSE:PLT) earned “Buy” rating by Roth Capital.

Another two news for Plantronics, Inc. (NYSE:PLT) were briefly brought out by: Globenewswire.com on June 12, 2018 with title “A New Global Study Finds the Noise Epidemic Worsening at Work, With Employees in Noisy Offices More Likely to …”. The other Nasdaq.com‘s article was titled “Plantronics Recognized by Leesman as a Leader in Employee Satisfaction and Workplace Effectiveness for Its …” and brought out on June 26, 2018.

Plantronics, Inc. designs, manufactures, and markets lightweight communications headsets, telephone headset systems, other communication endpoints, and accessories for the business and consumer markets under the Plantronics brand worldwide.The firm is worth $2.57 billion. The firm also makes and markets specialty telephone products under the Clarity brand.283.18 is the P/E ratio. The Company’s primary products include corded and cordless communication headsets; audio processors; telephone systems; Bluetooth and corded products; personal computer and gaming headsets; and specialty products for hearing impaired individuals.

Plantronics, Inc. (NYSE:PLT) Institutional Investors Chart

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