Brown Advisory Inc. Has $41.17 Million Stock Holdings in Power Integrations, Inc. (NASDAQ:POWI)

Brown Advisory Inc. decreased its position in Power Integrations, Inc. (NASDAQ:POWI - Free Report) by 6.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 815,306 shares of the semiconductor company's stock after selling 51,871 shares during the quarter. Brown Advisory Inc. owned 1.43% of Power Integrations worth $41,173,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Smartleaf Asset Management LLC grew its holdings in shares of Power Integrations by 110.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 537 shares of the semiconductor company's stock worth $33,000 after purchasing an additional 282 shares during the last quarter. Quadrant Capital Group LLC grew its holdings in shares of Power Integrations by 133.2% in the 4th quarter. Quadrant Capital Group LLC now owns 674 shares of the semiconductor company's stock worth $42,000 after purchasing an additional 385 shares during the last quarter. Global X Japan Co. Ltd. bought a new stake in shares of Power Integrations in the 1st quarter worth about $42,000. Johnson Financial Group Inc. bought a new stake in shares of Power Integrations in the 4th quarter worth about $51,000. Finally, UMB Bank n.a. grew its holdings in shares of Power Integrations by 91.6% in the 1st quarter. UMB Bank n.a. now owns 1,205 shares of the semiconductor company's stock worth $61,000 after purchasing an additional 576 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on POWI shares. Stifel Nicolaus upped their target price on shares of Power Integrations from $70.00 to $75.00 and gave the stock a "buy" rating in a report on Tuesday, May 13th. Wall Street Zen raised shares of Power Integrations from a "hold" rating to a "buy" rating in a report on Saturday, June 14th. Two analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $74.67.

Power Integrations Stock Down 1.1%

NASDAQ:POWI traded down $0.66 during mid-day trading on Friday, reaching $58.04. 345,749 shares of the company were exchanged, compared to its average volume of 480,973. Power Integrations, Inc. has a 12 month low of $40.78 and a 12 month high of $79.13. The company has a fifty day moving average of $54.50 and a 200 day moving average of $55.78. The stock has a market cap of $3.27 billion, a PE ratio of 89.29, a PEG ratio of 2.38 and a beta of 1.31.

Power Integrations (NASDAQ:POWI - Get Free Report) last issued its quarterly earnings data on Monday, May 12th. The semiconductor company reported $0.31 EPS for the quarter, topping analysts' consensus estimates of $0.28 by $0.03. The firm had revenue of $105.53 million for the quarter, compared to analyst estimates of $105.44 million. Power Integrations had a net margin of 8.56% and a return on equity of 5.12%. The company's revenue was up 15.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.18 EPS. On average, equities research analysts anticipate that Power Integrations, Inc. will post 0.93 EPS for the current fiscal year.

Power Integrations Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, May 30th were paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 1.45%. The ex-dividend date was Friday, May 30th. Power Integrations's dividend payout ratio (DPR) is presently 129.23%.

Power Integrations Company Profile

Power Integrations, Inc designs, develops, manufactures, and markets analog and mixed-signal integrated circuits (ICs), and other electronic components and circuitry used in high-voltage power conversion worldwide. The company provides a range of alternating current to direct current power conversion products that address power supply ranging from less than one watt of output to approximately 500 watts of output for mobile-device chargers, consumer appliances, utility meters, LCD monitors, main and standby power supplies for desktop computers and TVs, LED lighting, and various other consumer and industrial applications, as well as power conversion in high-power applications comprising industrial motors, solar and wind-power systems, electric vehicles, and high-voltage DC transmission systems.