AQR Capital Management LLC now owns 2,015,030 shares of the semiconductor company’s stock valued at $122,292,000 after acquiring an additional 1,024,836 shares during the last quarter.
In other Cirrus Logic news, Director Alan R. Schuele sold 2,000 shares of the stock in a transaction on Monday, August 7th.
Hillcrest Asset Management Llc decreased its stake in Cirrus Logic Inc (CRUS) by 31.45% based on its latest 2016Q4 regulatory filing with the SEC. It has outperformed by 7.42% the S&P500.
Wall Street brokerages expect Cirrus Logic, Inc. Cirrus Logic, Inc. (NASDAQ:CRUS) has risen 97.50% since September 1, 2016 and is uptrending. Panagora Asset Mgmt Incorporated reported 0% stake. Profund Advisors Limited Company owns 0.05% invested in Cirrus Logic, Inc. The stock rose 0.88% or $0.51 reaching $58.49. The stock has a market cap of $3.75 billion and a price-to-earnings ratio of 13.76. It has outperformed by 80.80% the S&P500. ANDERSON SCOTT ARNOLD had sold 22,466 shares worth $1.45M on Monday, May 15. The company was initiated on Tuesday, June 21 by Canaccord Genuity. 10,000 shares were sold by Ewing Robyn L, worth $305,659. Bnp Paribas Arbitrage reported 20,779 shares stake. (NASDAQ:CRUS) for 19,738 shares. It also reduced its holding in Quad / Graphics Inc (NYSE:QUAD) by 193,962 shares in the quarter, leaving it with 312,100 shares, and cut its stake in Bank Amer Corp (NYSE:BAC).
Investors sentiment increased to 1.03 in 2016 Q4. Its down 0.03, from 1.15 in 2016Q3. It turned negative, as 48 investors sold WMB shares while 217 reduced holdings. 87 funds opened positions while 185 raised stakes. 622.74 million shares or 0.48% less from 625.76 million shares in 2016Q3 were reported. Mackenzie reported 44,685 shares. (NASDAQ:CRUS). Gideon Cap has 9,746 shares for 0.35% of their portfolio. A D Beadell Investment Counsel Inc has 1.75% invested in Carnival Corp (NYSE:CCL) for 39,155 shares. Commonwealth Bank Of Aus holds 0.07% or 77,570 shares in its portfolio. Aperio Grp Ltd Company stated it has 11,928 shares or 0.01% of all its holdings. Lord Abbett And stated it has 0.1% of its portfolio in Cirrus Logic, Inc. (NASDAQ:CRUS) for 57,499 shares. Reaves W H invested in 1.17% or 999,035 shares. Ssi Investment invested 0.05% in Chevron Corporation (NYSE:CVX). Lombardia Capital stated it has 8,163 shares or 0.05% of all its holdings. Prudential Finance Inc accumulated 421,745 shares. The forecast of 12 surveyed investment analysts covering the stock advises investors to Buy stake in the company. Therefore 72% are positive. Research firm Zacks lifted stocks of Cirrus Logic from a “hold” recommendation to a “buy” recommendation and fixed a $64.00 price target for The corporation in a study note on early Mon, Aug 7th. Susquehanna maintained the stock with “Buy” rating in Thursday, August 3 report. JP Morgan upgraded the stock to “Overweight” rating in Friday, May 26 report. On Tuesday, August 2 the stock rating was maintained by UBS with “Buy”. The rating was maintained by Jefferies with “Buy” on Wednesday, August 2. The stock of Williams Companies Inc (NYSE:WMB) earned “Buy” rating by RBC Capital Markets on Friday, August 4. About 260,768 shares traded. Cirrus Logic’s revenue was up 23.6% compared to the same quarter past year. (NASDAQ:CRUS) for 3,754 shares. (NASDAQ:CRUS) shares. The insider FLUKE BRADLEY J sold $1.25M. KING CHRISTINE sold $446,102 worth of stock or 7,000 shares. (NASDAQ:CRUS) news were published by: Gurufocus.com which released: “Cirrus Logic and Lam Research Show Rapid Revenue Growth” on August 28, 2017, also Seekingalpha.com with their article: “What’s Up With Cirrus Logic” published on August 08, 2017, Seekingalpha.com published: “Cirrus Should Be Fine” on August 10, 2017. Therefore 65% are positive. Cirrus Logic has a 52 week low of $47.01 and a 52 week high of $71.97. Lastly, KeyCorp restated an “overweight” recommendation and given a $75.00 price objective on the stock of Cirrus Logic in a study note published on Wed, Jul 12th. Cirrus Logic had 28 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Hold” rating by Craig Hallum given on Monday, November 21. As per Friday, January 8, the company rating was maintained by Stifel Nicolaus. Cambridge Invest Rech Advsrs has invested 0.01% in Cirrus Logic, Inc. The firm has “Outperform” rating given on Thursday, January 28 by Oppenheimer. Craig Hallum has “Hold” rating and $60 target. The firm has “Perform” rating by Oppenheimer given on Wednesday, March 1. Canaccord Genuity maintained the stock with “Buy” rating in Wednesday, August 2 report. The rating was initiated by Needham with “Buy” on Monday, March 14.
Investors sentiment increased to 0.97 in 2016 Q4. Its down 0.32, from 1.26 in 2016Q3. 54 funds opened positions while 97 raised stakes. Hamlin Capital Management Llc, a New York-based fund reported 2.93 million shares. Natixis invested in 3,754 shares. Marshall Wace Ltd Liability Partnership accumulated 0.04% or 82,546 shares. Texas Permanent School Fund reported 0.03% in Cirrus Logic, Inc. (NASDAQ:CRUS). Renaissance Gp Limited Liability Corporation holds 0.01% in Cirrus Logic, Inc. (NASDAQ:CRUS). Livforsakringsbolaget Skandia Omsesidigt holds 18,200 shares. Strs Ohio accumulated 9,300 shares. Ww Asset Management reported 3,831 shares or 0.01% of all its holdings.
Wellington Shields Capital Management Llc holds 23.64% of its portfolio in Flowers Foods, Inc. for 7.14 million shares. Independent Order Of Foresters reported 0.44% stake. Fiera Cap has 0.07% invested in Cirrus Logic, Inc.
Cirrus Logic (CRUS) traded up 1.47% during mid-day trading on Thursday, reaching $58.83.