Tuesday, 14 November 2017

Rothschild Asset Management Inc Sold A Little More On Semiconductor (ON) Stock Last Quarter


Rothschild Asset Management Inc lowered its stake in On Semiconductor by 77,779 shares as of the end of the last quarter. Its investment stood at $43,702,000 an increase of $9,389,000 as of quarter end.

Several firms have shifted positions in (ON). As of quarter end Teachers Retirement System Of THE State Of Kentucky had disposed of a total of 14,169 shares trimming its stake by 3.1%. The value of the investment in ON increased from $6,331,000 to $8,067,000 a change of 27.4% quarter to quarter. As of the end of the quarter Arga Investment Management, LP had sold 14,900 shares trimming its position 5.8%. The value of the investment in On Semiconductor went from $3,601,000 to $4,461,000 increasing 23.9% since the last quarter.

Icon Advisers Inc/co added to its ownership by buying 37,200 shares an increase of 48.6%. Icon Advisers Inc/co claims 113,700 shares worth $2,100,000. The total value of its holdings increased 95.5%.

Equity analyst Credit Suisse Group raised the price target on November 7 changing the forecast from $14.50 to $17.00 and stated a “Underperform” rating. B. Riley raised the price target on November 7 changing the price objective from $21.00 to $25.00 and issued a “Buy” rating.

Equity analyst Loop Capital raised the price target of the stock on November 7 boosting the projection from $0.00 to $27.00 with a rating of “Buy”. Craig Hallum raised the price target on November 7 changing the forecast from $25.00 to $26.00 and issued a “Buy” recommendation.

Jefferies Group LLC raised the price target of the stock on November 7 changing the forecast from $20.00 to $21.00 with a “Hold” recommendation. Mizuho raised the price target on November 6 changing the price objective from $19.00 to $24.00 and issued a “Buy” recommendation.

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