Dupont Capital Management Corp Has $14.84 Million Holdings in Analog Devices, Inc. (NASDAQ:ADI)

Dupont Capital Management Corp raised its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 353.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 166,697 shares of the semiconductor company’s stock after acquiring an additional 129,915 shares during the quarter. Dupont Capital Management Corp’s holdings in Analog Devices were worth $14,841,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Sit Investment Associates Inc. lifted its stake in shares of Analog Devices by 381.1% in the fourth quarter. Sit Investment Associates Inc. now owns 1,275 shares of the semiconductor company’s stock valued at $114,000 after buying an additional 1,010 shares in the last quarter. WFG Advisors LP lifted its stake in shares of Analog Devices by 26.4% in the second quarter. WFG Advisors LP now owns 1,579 shares of the semiconductor company’s stock valued at $123,000 after buying an additional 330 shares in the last quarter. Fieldpoint Private Securities LLC lifted its position in shares of Analog Devices by 91.6% during the third quarter. Fieldpoint Private Securities LLC now owns 1,475 shares of the semiconductor company’s stock valued at $127,000 after purchasing an additional 705 shares in the last quarter. Clear Perspective Advisors LLC lifted its position in shares of Analog Devices by 3,884.2% during the third quarter. Clear Perspective Advisors LLC now owns 1,514 shares of the semiconductor company’s stock valued at $130,000 after purchasing an additional 1,476 shares in the last quarter. Finally, Cerebellum GP LLC bought a new position in shares of Analog Devices during the fourth quarter valued at about $130,000. Hedge funds and other institutional investors own 85.80% of the company’s stock.

In other news, CEO Vincent Roche sold 100,000 shares of Analog Devices stock in a transaction on Monday, December 4th. The stock was sold at an average price of $85.17, for a total transaction of $8,517,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ray Stata sold 10,000 shares of Analog Devices stock in a transaction on Friday, January 5th. The stock was sold at an average price of $91.70, for a total value of $917,000.00. Following the sale, the director now owns 179,481 shares of the company’s stock, valued at $16,458,407.70. The disclosure for this sale can be found here. Over the last three months, insiders sold 186,061 shares of company stock valued at $16,163,741. 1.10% of the stock is currently owned by insiders.

ADI has been the subject of a number of research analyst reports. Stifel Nicolaus raised their price objective on shares of Analog Devices from $97.00 to $98.00 and gave the stock a “buy” rating in a report on Thursday, November 16th. BidaskClub raised shares of Analog Devices from a “hold” rating to a “buy” rating in a research note on Saturday, January 20th. B. Riley reaffirmed a “buy” rating and set a $113.00 price objective (up previously from $110.00) on shares of Analog Devices in a research note on Thursday, November 16th. Jefferies Group reiterated a “buy” rating and set a $100.00 target price on shares of Analog Devices in a research report on Thursday, October 19th. Finally, Piper Jaffray Companies upgraded shares of Analog Devices from a “neutral” rating to an “overweight” rating and set a $92.00 target price for the company in a research report on Tuesday. Ten equities research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $97.21.

Analog Devices, Inc. (ADI) opened at $85.13 on Thursday. Analog Devices, Inc. has a one year low of $74.65 and a one year high of $98.38. The company has a quick ratio of 1.13, a current ratio of 1.47 and a debt-to-equity ratio of 0.74. The firm has a market cap of $31,431.32, a P/E ratio of 41.13, a PEG ratio of 1.56 and a beta of 1.28.

Analog Devices (NASDAQ:ADI) last released its earnings results on Tuesday, November 21st. The semiconductor company reported $1.45 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.36 by $0.09. Analog Devices had a net margin of 14.22% and a return on equity of 18.78%. The company had revenue of $1.54 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same period in the prior year, the firm posted $1.05 EPS. The firm’s quarterly revenue was up 53.4% compared to the same quarter last year. research analysts expect that Analog Devices, Inc. will post 5.2 earnings per share for the current fiscal year.

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About Analog Devices

Analog Devices, Inc (Analog Devices) designs, manufactures and markets a portfolio of solutions that leverage high-performance analog, mixed-signal and digital signal processing technology, including integrated circuits (ICs), algorithms, software and subsystems. Its products include Analog Products, Converters, Amplifiers/Radio Frequency, Other Analog, Power Management and Reference, and Digital Signal Processing Products.

Institutional Ownership by Quarter for Analog Devices (NASDAQ:ADI)

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