Economy

Were Analysts Bearish ON Semiconductor Corp (NASDAQ:ON) This Week?

Were Analysts Bearish ON Semiconductor Corp (NASDAQ:ON) This Week?

The stock declined 0.37% or $0.02 reaching $5.45 per share. Advisors Capital Management LLC increased its stake in shares of Cypress Semiconductor by 3.3% in the 2nd quarter.

Wall Street await ON Semiconductor Corp (NASDAQ:ON) to release earnings on November, 6. Millennium Llc reported 799,019 shares stake.

By taking a look at the stock's current statistics it can gauged that the stock candle is BEARISH with MEDIUM volatility. Hotchkis & Wiley Capital Management LLC now owns 8,974,373 shares of the semiconductor company's stock valued at $114,513,000 after buying an additional 1,591,990 shares in the last quarter. Anheuser Busch Inbev Sa/Nv now has $209.47 billion valuation.

The company now has an insider ownership of 1.7 Percent and Institutional ownership of 0 Percent. About 427,707 shares traded. It is down 18.61% since October 9, 2016 and is downtrending. It has underperformed by 5.59% the S&P500.

Investors sentiment decreased to 0.88 in Q2 2017. Its up 0.68, from 0.83 in 2017Q1. Other officers which have joined J Mccranie in buying shares include Catherine Lego who bought for 20000 shares. 14 funds opened positions while 48 raised stakes. Nomura Asset Mngmt holds 31,671 shares or 0.01% of its portfolio. The Director now owns $0 of the stock according to the SEC filing. Quantitative Inv Ltd Limited Liability Company holds 0.06% of its portfolio in LendingClub Corp (NYSE:LC) for 742,300 shares. Oz Management Lp has invested 0.01% in Cypress Semiconductor Corporation (NASDAQ:CY). Montana-based First Interstate State Bank has invested 0.03% in Lattice Semiconductor Corp (NASDAQ:LSCC). Gamco Et Al reported 24,675 shares. After posting $0.26 EPS for the previous quarter, ON Semiconductor Corp's analysts now forecast 53.85 % EPS growth. The Maryland-based Hussman Strategic has invested 0.59% in Lattice Semiconductor Corp (NASDAQ:LSCC). 30,000 were accumulated by Hollencrest Secs Ltd Liability.

Covering sell-side analysts have recently weighed in on shares of Calpine Corporation (NYSE:CPN). Therefore 55% are positive. Lattice Semiconductor had 14 analyst reports since August 4, 2015 according to SRatingsIntel. Mizuho maintained it with "Buy" rating and $1600 target in Thursday, June 22 report. The rating was maintained by Jefferies on Thursday, June 1 with "Hold". The return on assets stands at 4.3%, Return on Equity now is 15.3% and the Return on Investment value is 5.9%. The firm has "Equal-Weight" rating given on Wednesday, March 2 by Morgan Stanley. The rating was initiated by Loop Capital with "Buy" on Tuesday, December 6. A 5 analysts rate it as either a buy or a strong buy, while 2 believe that investors should either steer clear of (NYSE:COTY) or, if they already own its stock, sell it.

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The collective rating of 2.1 for ON Semiconductor Corporation (NASDAQ:ON) also leans strongly towards the neutral end of the spectrum.

In related news, Director Camillo Martino acquired 10,000 shares of the firm's stock in a transaction on Monday, August 21st. The rating was maintained by Credit Suisse on Monday, September 21 with "Outperform". The rating was initiated by CLSA with "Outperform" on Wednesday, May 25.

Since May 16, 2017, it had 0 insider buys, and 1 insider sale for $63,594 activity. Over the course of the past year CY has set a 52-week high of $15.50 while the corresponding low set was $9.63.

King Luther Capital Management Corp increased Mondelez Intl Inc (NASDAQ:MDLZ) stake by 138,307 shares to 875,023 valued at $37.79M in 2017Q2. It also increased its holding in Nexeo Solutions Inc Com Shs by 78,950 shares in the quarter, for a total of 384,790 shares, and has risen its stake in Newfield Exploration C (NYSE:NFX). Hormel Foods Corp (NYSE:HRL) was raised too.

For the current quarter, 20 analysts are projecting a mean EPS of $0.4/share. ON's profit will be $168.62 million for 12.07 P/E if the $0.40 EPS becomes a reality. Next quarter's EPS is expected be $0.05 and the next full year EPS is projected to be $0.41.

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