Rating Roundup: Semiconductor Manufacturing International (SMI)

Rating Roundup: Semiconductor Manufacturing International (SMI)

Bank of New York Mellon Corp owned 1.51% of Cypress Semiconductor Corporation worth $67,871,000 as of its most recent filing with the SEC. It dropped, as 106 investors sold GILD shares while 656 reduced holdings. ProShare Advisors LLC increased its position in ON Semiconductor Corporation by 1.7% in the first quarter. Wafra Investment Advisory Group Inc acquired 22,572 shares as Taiwan Semiconductor Adr 87403 (TSM)’s stock rose 8.84%. SRS Capital Advisors Inc. now owns 8,326 shares of the semiconductor company’s stock worth $273,000 after buying an additional 2,252 shares during the last quarter. Liberty Mutual Group Asset Management Inc. now owns 147,552 shares of the semiconductor company’s stock valued at $2,031,000 after buying an additional 2,894 shares during the period. Cadence Capital Management LLC increased its position in ON Semiconductor Corporation by 2.9% in the fourth quarter. Following the completion of the sale, the director now owns 118,538 shares of the company’s stock, valued at $1,680,868.84. Needham & Company LLC restated a “buy” rating and issued a $14.00 price objective on shares of Cypress Semiconductor Corporation in a research note on Tuesday, February 28th.

Taiwan Semiconductor Manufacturing Company (NYSE:TSM) last posted its earnings results on Thursday, April 13th. The Trust Co Of Vermont holds 42,381 shares with $3.04M value, down from 52,112 last quarter.

Cypress Semiconductor Corporation (NASDAQ:CY) traded up 1.37% on Monday, reaching $13.32. “Boosts Stake in Taiwan Semiconductor Manufacturing Company Ltd. (TSM)” was posted by Markets Daily and is the property of of Markets Daily.

For investors, Forward P/E ratio allows a quick snapshot of the company’s finances without getting bogged down in the details of an accounting report. The company has a 50 day moving average price of $13.60 and a 200-day moving average price of $12.86. Cypress Semiconductor Corporation has a 52-week low of 9.11 and a 52-week high of 14.98.

Previously Semiconductor Manufacturing International (NYSE:SMI) reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by $-0.02. The firm had revenue of $233.91 billion during the quarter, compared to the consensus estimate of $237.12 billion. Taiwan Semiconductor Manufacturing Company had a net margin of 36.52% and a return on equity of 26.86%.

The performance week for Taiwan Semiconductor Manufacturing Company Limited is at 0.22% and the performance month is at 4.21%.

The company also recently announced an annual dividend, which will be paid on Thursday, July 20th. Stockholders of record on Thursday, June 29th will be issued a dividend of $0.11 per share. The ex-dividend date is Tuesday, June 27th. This represents a yield of 3.25%. Taiwan Semiconductor Manufacturing Company’s payout ratio is now 34.56%.

TRADEMARK VIOLATION WARNING: “Financial Counselors Inc”. If you are viewing this report on another publication, it was illegally copied and reposted in violation of United States & global trademark & copyright laws. The original version of this report can be viewed at https://baseballnewssource.com/markets/cypress-semiconductor-corporation-cy-shares-bought-by-lazard-asset-management-llc-updated/985294.html. MKM Partners reiterated a “buy” rating and issued a $20.00 target price on shares of ON Semiconductor Corporation in a report on Friday, April 7th. KeyCorp began coverage on Cypress Semiconductor Corporation in a research report on Wednesday, March 29th.

Analysts await Meritor Inc (NYSE:MTOR) to report earnings on August, 2.

Several analysts have released their opinion on Semiconductor Manufacturing International Corporation (NYSE:SMI), with 3 analysts believing it is a strong buy. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1 average brokerage recommendation. The average volume stands around 0.16 million shares. Floating stock is calculated by subtracting closely-held shares and restricted stock from a firm’s total outstanding shares. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.69% of the company’s stock.

Now have a look at past performance (weekly performance to year to date performance) how Cypress Semiconductor Corporation (CY) has been moved; whether it performed well or not.