Elliott Management: Dividend, Buyback are 'Positive Steps' for NetApp (NTAP)
Tweet
Share
E-mailGet Alerts NTAP Hot Sheet
Price: $192.27 -0.28%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.1%
Revenue Growth %: +17.3%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.1%
Revenue Growth %: +17.3%
Join SI Premium – FREE
NetApp, Inc. (Nasdaq: NTAP) shares are higher in late trading following Q1 results, guidance, and announcement of a better capital return to shareholders.
Commenting on the results, Elliott Management said today that NetApp's dividend and buyback were "positive steps." The statement was made in an email sent to Bloomberg.
Elliott last reported holding about 402,903 shares of NetApp.
Commenting on the results, Elliott Management said today that NetApp's dividend and buyback were "positive steps." The statement was made in an email sent to Bloomberg.
Elliott last reported holding about 402,903 shares of NetApp.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Bank7 Corp. (BSVN) Raises Quarterly Dividend 11.1% to $0.30; 2.3% Yield
- Orange County Bancorp, Inc (OBT) Declares $0.18 Quarterly Dividend; 1.9% Yield
- Parker-Hannifin (PH) Declares $2.00 Quarterly Dividend; 0.8% Yield
Create E-mail Alert Related Categories
Dividends, Hedge Funds, Stock BuybacksRelated Entities
DividendSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
