Jueves, 23 Marcha, 2017

Movers to Watch: Navient Corporation (NAVI), Cypress Semiconductor Corporation (CY)

Manuel Armenta | 21 Marcha, 2017, 07:35

GWM Advisors LLC bought a new position in Cypress Semiconductor during the third quarter worth $365,000. (NASDAQ:CY) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).

Hedge funds have recently bought and sold shares of the company.

Other large investors have also made changes to their positions in the company.

Cypress Semiconductor Corporation (NASDAQ:CY) yearly performance is 69.26% and net profit margin is -35.70%. The year ago sales the company reported in the same quarter is 416 Million. Capstone Asset Management Co. boosted its stake in shares of Cypress Semiconductor by 4.1% in the third quarter. This showed the surprise of 7.1% in the last quarter earnings.

Cypress Semiconductor Corporation is now showing 36.7% EPS growth this year. The last session's volume of 3.02 million shares was higher than its average volume of 1.72 million shares. Bank of Montreal Can boosted its position in Cypress Semiconductor by 36.6% in the third quarter.

Considering the performance, Navient Corporation (NAVI)'s shares have the potential to reach a high EPS of 0.48 per share, and a low EPS of 0.38 per share in the current quarter. Finally, Municipal Employees Retirement System of MI boosted its stake in shares of Cypress Semiconductor by 1.4% in the third quarter.

The 13 analysts offering 12-month price forecasts for Cypress Semiconductor Corp have a median target of 14.00, with a high estimate of 16.00 and a low estimate of 11.00. (NASDAQ:CY) opened at 13.98 on Monday. The company has a 50-day moving average of $12.98 and a 200 day moving average of $11.70. The 52-week high of the share price is $14.05 and the company has a market cap of $4,584 million.

ON Semiconductor Corporation (NASDAQ:ON) gained 0.07% with the closing price of $15.25. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.14 by $0.01. During the same period in the previous year, the company earned $0.15 EPS.

Cypress Semiconductor Corporation Last issued its quarterly earnings results on Feb 2, 2017.

Glass Lewis is the second leading independent proxy advisory firm to recommend that Cypress stockholders consent FOR administration's proposal to eliminate cumulative voting, following a recommendation issued by Institutional Shareholder Services ("ISS") on March 13, 2017, as formerly declared. The ex-dividend date of this dividend is Tuesday, March 28th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.15%. Cypress Semiconductor's payout ratio is -20.37%. Analysts have a mean recommendation of 1.90 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. Loop Capital assumed coverage on shares of Cypress Semiconductor in a research note on Monday, December 5th. The median estimate represents a +0.14% increase from the last price of 13.98.

Zacks Investment Research downgraded shares of Cypress Semiconductor Co. Cypress Semiconductor Co. has a 12-month low of $8.02 and a 12-month high of $14.05. These price targets are a consensus analysis of 9 brokers.

In other Cypress Semiconductor news, insider H Raymond Bingham sold 14,361 shares of the company's stock in a transaction on Tuesday, January 3rd. The shares were sold at an average price of $11.54, for a total value of $165,725.94.

The company's growth for the past 5 years has been at -6.59 percent.

Cypress Semiconductor Corporation delivers solutions from automotive, industrial and networking platforms to interactive consumer and mobile devices.