Mizuho Reaffirms Buy Rating for Cypress Semiconductor Corp. (CY)

Jeannie Matthews
January 14, 2018

BlackRock Inc. now owns 27,848,587 shares of the semiconductor company's stock worth $380,133,000 after acquiring an additional 231,335 shares during the period. The institutional investor held 754,800 shares of the edp services company at the end of 2017Q3, valued at $53.83 million, up from 702,553 at the end of the previous reported quarter. The firm has a market cap of $5,700.00, a price-to-earnings ratio of -42.68, a price-to-earnings-growth ratio of 1.91 and a beta of 2.01. The stock decreased 0.33% or $0.28 during the last trading session, reaching $85.45. Shares of STL have increased 4.63% in the past three monthswhile the S&P 500 has dropped -4.22% in that time. That's a potential 6.94 increase relative to where Cypress Semiconductor Corporation (NASDAQ:CY) has been trading recently. It has outperformed by 54.06% the S&P500. 263.89 million shares or 3.63% more from 254.64 million shares in 2017Q2 were reported. The company has market cap of $10.00 billion.

Cypress Semiconductor (NASDAQ:CY) traded up $0.20 during trading on Friday, hitting $17.07. The shares were sold at an average price of $22.85, for a total value of $68,550.00.

Investors sentiment increased to 0.99 in 2017 Q3. It has outperformed by 2.84% the S&P500.

Investors sentiment decreased to 1.08 in Q3 2017. Its down 0.2% from 1.05M shares previously. Cypress Semiconductor Corporation earnings have declined with an annualized rate of -34.4% over the last 5 years. ProVise Management Group LLC raised its position in Cypress Semiconductor Corp.by 20.5% in the second quarter.

Cypress Semiconductor (NASDAQ:CY) last posted its quarterly earnings results on Thursday, October 26th. Comgest Glob Investors Sas reported 151,100 shares. The average 1-year price target for (STL) reveals an average price target of $30.2 per share. 100 were accumulated by North Star Inv Management. Employees Retirement Systems Of Ohio owns 0.02% invested in Cypress Semiconductor Corporation (NASDAQ:CY) for 316,893 shares. (NASDAQ:AKAM). Envestnet Asset Mgmt holds 0% or 21,451 shares. Tealwood Asset Management Inc has 1.59% invested in Cypress Semiconductor Corporation (NASDAQ:CY) for 295,450 shares. The Florida-based Carl Domino Inc has invested 1.83% in Cypress Semiconductor Corporation (NASDAQ:CY). Bancorp Of Mellon stated it has 5.05M shares. Needham maintained the shares of MDT in report on Friday, August 26 with "Buy" rating. BidaskClub upgraded shares of Cypress Semiconductor from a "hold" rating to a "buy" rating in a research note on Saturday, September 30th. Therefore 67% are positive. Analysts have placed a $18.35 price target on Cypress Semiconductor Corporation, suggesting a 8.77% gain from recent close. Sterne Agee CRT initiated the stock with "Buy" rating in Wednesday, September 9 report. New Jersey Better Educational Savings Trust bought a new position in Cypress Semiconductor Corp. during the second quarter worth $739,000. Needham has "Buy" rating and $12.0 target. The company presently has an average rating of "Buy" and a consensus price target of $22.26. The stock has "Buy" rating by SunTrust on Wednesday, October 11. The stock has a consensus rating of "Buy" and a consensus target price of $18.25. The rating was maintained by Oppenheimer on Friday, January 29 with "Outperform".

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Nwq Investment Management Company Llc, which manages about $13.77 billion and $8.17B US Long portfolio, upped its stake in Coherent Inc (NASDAQ:COHR) by 43,822 shares to 446,953 shares, valued at $105.11M in 2017Q3, according to the filing. It also increased its holding in Exxon Mobil Corp (NYSE:XOM) by 9,111 shares in the quarter, for a total of 43,826 shares, and has risen its stake in Hospitality Pptys Tr (NYSE:HPT).

Since August 1, 2017, it had 0 insider buys, and 4 sales for $5.18 million activity.

ON Semiconductor Corporation offers a portfolio of sensors, power management, connectivity, custom and system on chip (SoC), analog, logic, timing, and discrete devices. NAZARIAN DANA sold $3.53 million worth of stock. Hightower Advsrs Ltd Limited Liability Company holds 0% or 32,618 shares in its portfolio. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. Medtronic had 78 analyst reports since August 10, 2015 according to SRatingsIntel. Finally, Robert W. Baird reiterated a "buy" rating and issued a $25.00 target price on shares of ON Semiconductor in a research report on Tuesday, October 17th. The firm has "Buy" rating given on Friday, March 24 by Jefferies. The firm has "Buy" rating by Piper Jaffray given on Friday, July 28. Credit Suisse reinitiated the shares of MDT in report on Monday, August 10 with "Outperform" rating. The firm has "Hold" rating by RBC Capital Markets given on Friday, October 6. Private Advisor Grp Limited Liability has invested 0.01% in Akamai Technologies, Inc. Its up 0.11, from 0.87 in 2017Q2. It worsened, as 50 investors sold BA shares while 609 reduced holdings. 38 funds opened positions while 150 raised stakes. Btc Mngmt stated it has 29,581 shares or 0.41% of all its holdings. Loring Wolcott & Coolidge Fiduciary Ltd Liability Partnership Ma holds 0% or 350 shares. Millennium Mgmt Limited Liability Co invested in 2.33 million shares. Teacher Retirement System of Texas now owns 33,379 shares of the semiconductor company's stock worth $469,000 after acquiring an additional 127 shares during the last quarter. Panagora Asset Mngmt Incorporated owns 1.31M shares or 1.32% of their U.S. portfolio. 313.76 million shares or 0.67% more from 311.68 million shares in 2017Q2 were reported. Moreover, Td Asset has 0.42% invested in The Boeing Company (NYSE:BA). Hodges holds 0.03% or 26,815 shares in its portfolio. Martin & Tn reported 13,755 shares stake. Gw Henssler Associate Limited reported 188,551 shares stake. Gemmer Asset Ltd Llc has invested 0.01% in Cerner Corporation (NASDAQ:CERN). Shares for $1.18 million were sold by Thad Trent on Monday, October 16. Capital Fund owns 117,282 shares for 0.01% of their portfolio.

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