Significant Movements: ON Semiconductor Corporation (ON)

Owen Stevens
June 14, 2017

Cypress Semiconductor Corporation had 38 analyst reports since August 31, 2015 according to SRatingsIntel. Cypress Semiconductor Corporation (NASDAQ:CY), at its latest closing price of $13.59, it has a price-to-book ratio of 2.41, compared to an industry average at 2.27.

Other hedge funds have also recently added to or reduced their stakes in the company.

Nokota Management Lp increased Intel Corp (NASDAQ:INTC) stake by 125,000 shares to 425,000 valued at $15.42M in 2016Q4. The firm earned "Buy" rating on Tuesday, September 20 by Stifel Nicolaus. The EPS of company is strolling at 3.07.The company's Market capitalization is $32.63 Billion with the total Outstanding Shares of 310.03 million. Mutual Of America Cap Mngmt Limited Liability Company holds 0.05% in Cypress Semiconductor Corporation (NASDAQ:CY) or 250,933 shares. Goldman Sachs Inc reported 2.56 million shares.

Analysts await Cypress Semiconductor Corporation (NASDAQ:CY) to report earnings on July, 27. Janus Capital Management LLC increased its stake in ON Semiconductor Corporation by 9.3% in the fourth quarter. For the last month, company shares are 0.00%. Deroy & Devereaux Private Investment Counsel Inc. raised its position in Cypress Semiconductor Corporation by 0.6% in the third quarter. One analyst has rated the stock with a sell rating, five have assigned a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company. Institutional investors own 95.27% of the company's stock.

Cypress Semiconductor Corporation (CY) closed business day at $13.63 with 0.29%. Float is the number of shares accessible for trading of a particular stock. The company's 50-day moving average price is $14.97 and its 200 day moving average price is $14.17. Cypress Semiconductor Corporation's dividend payout ratio (DPR) is now -22.22%.

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The company reported an impressive total revenue of 3.91 Billion in the last fiscal year. D E Shaw & stated it has 0.01% of its portfolio in Cypress Semiconductor Corporation (NASDAQ:CY).

Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for ON Semiconductor Corp. the EPS stands at 0.27 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.25, suggesting the stock exceeded the analysts' expectations. The Return on Equity (ROE) value stands at 12.4%. Oppenheimer & owns 25,637 shares or 0.01% of their USA portfolio. Shareholders of record on Thursday, June 29th will be paid a dividend of $0.11 per share. (CSCO), Cypress ..." with publication date: "June 07, 2017. The stock has lost -3.20%, reaching at $5.15 after hovering between $5.12 and $5.35. Oregon Public Employees Retirement Fund stated it has 0.03% of its portfolio in Cypress Semiconductor Corporation (NASDAQ:CY).

TRADEMARK VIOLATION WARNING: This piece was originally posted by Stock Observer and is owned by of Stock Observer. If you are viewing this report on another publication, it was illegally copied and republished in violation of USA and global trademark and copyright laws. Finally, Hourglass Capital LLC raised its position in Cypress Semiconductor Corporation by 23.5% in the third quarter.

Covering sell-side analysts have recently weighed in on shares of Cypress Semiconductor Corporation (NASDAQ:CY). Needham maintained it with "Buy" rating and $10 target in Friday, January 29 report.

08/18/2014 - Barclays began new coverage on Semiconductor Manufacturing International Corporation giving the company a "overweight" rating. The firm has "Equal-Weight" rating given on Thursday, June 2 by Stephens. As per Thursday, November 19, the company rating was upgraded by Citigroup. Finally, MKM Partners restated a "buy" rating and set a $20.00 price target on shares of ON Semiconductor Corporation in a research note on Friday, April 7th. It doesn't guarantee that they'll make money on the stock, however, but it greatly enhances the chance that they will turn a profit. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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