Analog Devices, Inc. (ADI) Position Increased by KBC Group NV

Marco Green
December 15, 2017

Therefore 63% are positive. Citigroup restated a "neutral" rating and set a $88.00 target price (down from $91.00) on shares of Analog Devices in a research report on Friday, September 1st. The stock has "Outperform" rating by BMO Capital Markets on Wednesday, September 16. The rating was maintained by H.C. Wainwright on Tuesday, October 3 with "Buy". The firm has "Underperform" rating given on Friday, July 21 by Evercore. (NASDAQ:ADI) on Sunday, August 27 with "Buy" rating. The stock has "Buy" rating by DNB Markets on Wednesday, January 13. The company maintains price to book ratio of 25.23 industry average at 4.10. Cantillon Capital Management Llc who had been investing in Analog Devices Inc for a number of months, seems to be less bullish one the $31.32 billion market cap company. The legal version of this report can be read at The institutional investor held 46,580 shares of the technology company at the end of 2017Q2, valued at $3.62 million, up from 39,074 at the end of the previous reported quarter. Analog Devices Inc now has $31.44B valuation. Closing price generally refers to the last price at which a stock trades during a regular trading session. About 2.07 million shares traded. NEXT Financial Group Inc now owns 1,532 shares of the semiconductor company's stock worth $136,000 after buying an additional 600 shares during the period. It has outperformed by 29.15% the S&P500. Finally, Zacks Investment Research upgraded shares of Analog Devices from a "hold" rating to a "buy" rating and set a $98.00 price target on the stock in a report on Tuesday, October 10th. Analog Devices had a return on equity of 18.78% and a net margin of 14.22%. The firm has "Buy" rating given on Wednesday, August 30 by Robert W. Baird. RBC Capital Markets maintained the stock with "Buy" rating in Friday, August 4 report. The rating was initiated by Seaport Global Securities with "Buy" on Thursday, December 17. The rating was maintained by Raymond James with "Market Perform" on Friday, June 16. The firm's revenue was up 53.4% on a year-over-year basis. equities analysts expect that Analog Devices, Inc. will post 5.2 EPS for the current year. The firm has "Outperform" rating by Telsey Advisory Group given on Wednesday, November 15. The firm earned "Positive" rating on Monday, January 23 by Susquehanna. M Partners maintained it with "Neutral" rating and $67 target in Wednesday, August 19 report.

Since August 21, 2017, it had 0 insider purchases, and 13 sales for $11.60 million activity. 4,505 shares valued at $376,258 were sold by Real Peter on Thursday, September 21. (NASDAQ:ADI) for 315,700 shares. Also, SVP Margaret K. Seif sold 7,000 shares of the firm's stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $87.00, for a total transaction of $435,000.00. The insider Hassett Joseph sold $944,824. Analog Devices, Inc. (NASDAQ:ADI) has risen 45.85% since December 14, 2016 and is uptrending.

Investors sentiment increased to 1.21 in Q2 2017. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.47 and a quick ratio of 1.13. It improved, as 66 investors sold ADI shares while 222 reduced holdings.

KBC Group NV raised its position in Analog Devices, Inc. BidaskClub downgraded shares of Analog Devices from a "hold" rating to a "sell" rating in a report on Thursday. Nuveen Asset Llc holds 0.05% or 109,272 shares in its portfolio. Zebra Capital Management Llc, a Connecticut-based fund reported 25,341 shares. Van Eck Associate Corp has 292,588 shares for 0.12% of their portfolio. (NASDAQ:ADI) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. Barclays Public Limited Company stated it has 0.02% in Analog Devices, Inc. (NASDAQ:ADI). Beck Mack Oliver Ltd Com owns 8,412 shares or 0.02% of their U.S. portfolio. Vanguard Gp Inc holds 29.05 million shares. Aimz Advsrs Ltd Liability has 0.9% invested in Analog Devices, Inc.

Analog Devices (NASDAQ:ADI) last posted its earnings results on Tuesday, November 21st. Pillar Pacific Limited Liability has 89,624 shares. Riverhead Capital Management Limited Liability Company holds 8,866 shares or 0.03% of its portfolio.

Lakewood Capital Management Lp, which manages about $2.54 billion US Long portfolio, decreased its stake in Spdr Gold Trust (GLD) by 74,959 shares to 43,710 shares, valued at $5.16M in 2017Q2, according to the filing. Alexandria Capital Lc stated it has 0.15% in Analog Devices, Inc. (NASDAQ:ADI). Systematic Finance Mngmt Lp reported 0.12% stake. Following the transaction, the senior vice president now directly owns 5,098 shares of the company's stock, valued at approximately $460,043.52. Ishares Tr Eafe Sml Cp Etf (SCZ) was reduced too. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued.

Moving toward other technical indicators, stock is wondering in considerable region as it has 20 days moving average of -2.13% and struggles for 50 days moving average of buoyant run is -3.74%. Finally, FMR LLC increased its position in shares of Analog Devices by 14.6% during the second quarter. It has outperformed by 62.21% the S&P500.

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