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Analog Devices, Inc. (ADI)- Stocks Shining Bright on Wall Street

Analog Devices, Inc. (ADI)- Stocks Shining Bright on Wall Street

Among 29 analysts covering Analog Devices (NASDAQ:ADI), 18 have Buy rating, 0 Sell and 11 Hold. The company has market cap of $32.94 billion.

Analog Devices earned an adjusted $1.45 a share, up 38% year over year, on sales of $1.54 billion, up 54%, in the quarter ended October 28. Alder Biopharmaceuticals Inc (NASDAQ:ALDR) has declined 33.67% since November 21, 2016 and is downtrending. It has underperformed by 10.78% the S&P500.

Bb&T Corp decreased its stake in Analog Devices (ADI) by 30.51% based on its latest 2017Q2 regulatory filing with the SEC. ADI is the expensive of the two stocks on an earnings, book value and sales basis.

In terms of earnings per share, 21 analysts have a 1.36 EPS mean target for the quarter ending Oct-17, for the quarter ending Jan-18, 21 analysts have a 1.18 EPS mean target and for the quarter ending Jan-18 there are 24 estimates of 4.62 EPS. Analog Devices, Inc. has a quick ratio of 1.5 measuring its ability to meet its short term obligations with its most liquid assets. About shares traded. Liberty Global plc - Class A Ordinary Shares (NASDAQ:LBTYA) has declined 3.90% since November 20, 2016 and is downtrending.

Traders have different rules for what constitutes liquidity and a good guide is the volume of trades and volume of shares that are traded each day.

Analog Devices (NASDAQ:ADI) last posted its quarterly earnings data on Monday, November 20th. It has outperformed by 29.15% the S&P500.The move comes after 9 months positive chart setup for the $34.02B company. Vanguard Group Inc. grew its position in shares of Analog Devices by 3.0% during the 2nd quarter. Therefore 75% are positive.

At the moment 25 analysts are watching Analog Devices, Inc. As per Saturday, April 30, the company rating was maintained by Baader Wertpapierhandelsbank.

Stock to Watch: Immunomedics, Inc. (NASDAQ:ADI) on Wednesday, August 19 with "Buy" rating. Royal Bank Of Canada reissued a "buy" rating and issued a $92.00 price objective on shares of Analog Devices in a research note on Friday, August 4th. Independent Research maintained it with "Hold" rating and €109 target in Tuesday, March 7 report. On Wednesday, July 22 the stock rating was downgraded by Drexel Hamilton to "Hold". Evercore upgraded the stock to "Buy" rating in Wednesday, July 27 report. The rating was maintained by RBC Capital Markets on Friday, January 15 with "Outperform". Credit Suisse has "Hold" rating and $1700 target. Revenue was reported as $5.11 billion. Investors of record on Friday, December 1st will be given a dividend of $0.45 per share. Its down 1.62, from 2.76 in 2017Q1. 79 funds opened positions while 248 raised stakes. (NASDAQ:ADI). Doheny Asset Management Ca holds 0.76% or 20,726 shares. Investors who are keeping close eye on the stock of Analog Devices, Inc.

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Only yesterday Analog Devices ADI (NYSE:ADI) traded 0.10% higher at $81.58. Fieldpoint Private Securities LLC lifted its position in shares of Analog Devices by 91.6% in the third quarter. During the past couple of weeks, ADI average daily volatility was 19.42%, which is -0.93 percentage points higher than the average volatility over the past 100 days. (NASDAQ:ADI). Cohen Klingenstein invested in 0.43% or 35,600 shares. Capstone Asset Management Co. lifted its holdings in Analog Devices by 1.6% in the second quarter. (NASDAQ:ADI). 384,193 are held by Epoch Inv Prns. The company has its outstanding shares of 155.25M.

The Current Ratio of Analog Devices, Inc.

Speece Thorson Capital Group Inc holds 3.08% of its portfolio in Sonoco Products Co for 287,503 shares. Scott & Selber Inc.'s holdings in Analog Devices were worth $2,175,000 as of its most recent filing with the Securities and Exchange Commission (SEC). (NASDAQ:ADI). Teachers Retirement Of The State Of Kentucky reported 0.11% stake.

Since May 22, 2017, it had 0 insider purchases, and 2 selling transactions for $4.12 million activity. 3,000 shares were sold by SEIF MARGARET K, worth $244,620. Shares for $4.11M were sold by ROCHE VINCENT. 3,000 shares were sold by Real Peter, worth $244,620 on Monday, May 22.

More notable recent Analog Devices, Inc. (NASDAQ:ADI) were released by: Fool.com and their article: "1 Big Reason to Buy Analog Devices" published on October 29, 2017 as well as Businesswire.com's news article titled: "Analog Devices' Integrated Precision Solution Enables Safer and Up to 50% More ..." with publication date: November 16, 2017. (NASDAQ:ADI). Alecta Pensionsforsakring Omsesidigt reported 719,510 shares.

Spirit Of America Management Corp, which manages about $529.10M and $927.92M US Long portfolio, decreased its stake in Essex Property Trust Inc. Following the completion of the sale, the senior vice president now owns 13,531 shares in the company, valued at $1,111,301.03. Home Depot (NYSE:HD) was reduced too.

Investors sentiment decreased to 1.14 in Q2 2017. Its the same as in 2017Q1.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company.