Cantillon Capital Management LLC Stake in Analog Devices INC (ADI) Decreased by $10.83 Million as Shares Rose

June 27, 2018 - By Ashley Bratcher

Analog Devices, Inc. (NASDAQ:ADI) Corporate LogoDuring 2018 Q1 the big money sentiment decreased to 0.96. That’s change of 0.32, from 2017Q4’s 1.28. 56 investors sold all, 255 reduced holdings as ADI ratio is negative. 227 grew positions while 72 funds took positions. Funds hold 317.60 million shares thus 0.56% less from 2017Q4’s 319.40 million shares. Chevy Chase Tru Hldg holds 312,499 shs. The Massachusetts-based Grantham Mayo Van Otterloo & Comm Limited Liability Company has invested 0.23% in Analog Devices, Inc. (NASDAQ:ADI). Eastern National Bank invested in 168,113 shs or 1.07% of the stock. Captrust Fincl, North Carolina-based fund reported 1,664 shs. Tompkins Corp reported 0.01% stake. Pillar Pacific Mngmt Limited Liability Corporation owns 93,308 shs or 1.01% of their US capital. 500,000 are held by Robecosam Ag. Dearborn Prns Ltd Company, a Illinois-based fund reported 78,315 shs. Sandy Spring Commercial Bank stated it has 58 shs or 0% of all its holdings. Gradient Invests Limited Company stated it has 0% of its capital in Analog Devices, Inc. (NASDAQ:ADI). 2,970 are held by Nelson Van Denburg Campbell Wealth Mngmt Gru Limited Co. Guardian Cap LP has invested 0.21% of its capital in Analog Devices, Inc. (NASDAQ:ADI). 5,541 were accumulated by Park Corporation Oh. Keybank National Association Oh, a Ohio-based fund reported 13,478 shs. Cantillon Capital Mgmt Ltd Liability, New York-based fund reported 5.69 million shs.

ADI registered $15.81 million net activity with 0 insider buys and 24 sales since January 3, 2018. $921,300 worth of Analog Devices, Inc. (NASDAQ:ADI) was sold by STATA RAY. The insider Wynne Eileen sold $494,136. On Friday, June 1 $968,940 worth of Analog Devices, Inc. (NASDAQ:ADI) was sold by ROCHE VINCENT. Another trade for 718 shs valued at $65,259 was made by Jamal Yusuf on Wednesday, January 3. SICCHITANO KENTON J sold $685,905 worth of Analog Devices, Inc. (NASDAQ:ADI) on Friday, January 12. On Friday, April 13 the insider Cotter Martin sold $359,329.

In 2018Q1 SEC filling is reported William Von Mueffling’s stake in Analog Devices Inc (ADI) which was reduced by 2.05%. By selling 118,991 shares Cantillon Capital Management Llc made the stock popped up with 3.35%. The technology company at the end of 2018Q1 was valued at $518.55 million. It’s down from 5.81 million at the end of the previous reported quarter. Now it had 5.69M shares held by the hedge fund run by William Von Mueffling. Cantillon Capital Management Llc has risen its stake in Trinet Group Inc (NYSE:TNET) and also increased its holding in Taiwan Semiconductor Mfg Ltd (NYSE:TSM) by 1.70M shares in the quarter, for a total of 4.35M shares.

Analog Devices, Inc. (NASDAQ:ADI)’s quarterly earnings will be announced on August, 29., as reported by RTT. Last year’s EPS was $1.26, while now analysts expect change of 15.87 % up from current $1.46 EPS. ADI’s profit could reach $541.50 million if the current EPS of $1.46 is accurate. Analysts at Wall Street see Analog Devices, Inc.’s 0.69 % EPS growth compared to $1.45 EPS for last quarter.

There’s a substantial Analog Devices, Inc. (NASDAQ:ADI) news released by Seekingalpha.com. It’s an article titled: “Analog Devices: Estimates Could Be Too Low” on June 11, 2018.

Analog Devices, Inc. (NASDAQ:ADI) Ratings Coverage

In total 21 analysts cover Analog Devices (NASDAQ:ADI). “Buy” rating has 17, “Sell” are 0, while 4 are “Hold”. (NASDAQ:ADI) has 81% bullish analysts. 31 are the (NASDAQ:ADI)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Thursday, March 1 the stock of Analog Devices, Inc. (NASDAQ:ADI) has “Overweight” rating given by KeyBanc Capital Markets. On Thursday, March 1 the rating was maintained by Robert W. Baird with “Buy”. On Thursday, May 31 the company was maintained by Credit Suisse. On Tuesday, February 13 PiperJaffray upgraded the shares of ADI in report to “Overweight” rating. On Tuesday, February 13 the firm has “Buy” rating by Piper Jaffray given. On Thursday, May 31 PiperJaffray maintained Analog Devices, Inc. (NASDAQ:ADI) with “Overweight” rating. On Thursday, March 1 Nomura maintained Analog Devices, Inc. (NASDAQ:ADI) rating. Nomura has “Neutral” rating and $95 target. On Thursday, March 1 B. Riley & Co maintained Analog Devices, Inc. (NASDAQ:ADI) rating. B. Riley & Co has “Buy” rating and $122 target. On Thursday, May 31 the firm has “Buy” rating given by FBR Capital. On Thursday, May 31 the stock of Analog Devices, Inc. (NASDAQ:ADI) earned “Buy” rating by Stifel Nicolaus.

Analog Devices, Inc. (NASDAQ:ADI) Institutional Investors Chart

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