Uniplan Investment Counsel Inc. decreased its holdings in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 7.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 177,263 shares of the semiconductor company's stock after selling 14,513 shares during the quarter. Uniplan Investment Counsel Inc. owned approximately 0.60% of Alpha and Omega Semiconductor worth $4,407,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently modified their holdings of AOSL. Price T Rowe Associates Inc. MD lifted its holdings in shares of Alpha and Omega Semiconductor by 7.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 23,132 shares of the semiconductor company's stock worth $857,000 after buying an additional 1,620 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of Alpha and Omega Semiconductor by 9.3% during the fourth quarter. Northern Trust Corp now owns 261,446 shares of the semiconductor company's stock worth $9,681,000 after buying an additional 22,294 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Alpha and Omega Semiconductor by 13.2% during the fourth quarter. Bank of America Corp DE now owns 58,475 shares of the semiconductor company's stock worth $2,165,000 after buying an additional 6,820 shares in the last quarter. Bridgeway Capital Management LLC lifted its holdings in shares of Alpha and Omega Semiconductor by 4.2% during the fourth quarter. Bridgeway Capital Management LLC now owns 49,447 shares of the semiconductor company's stock worth $1,831,000 after buying an additional 2,000 shares in the last quarter. Finally, Driehaus Capital Management LLC acquired a new stake in shares of Alpha and Omega Semiconductor during the fourth quarter worth $11,612,000. Institutional investors and hedge funds own 78.97% of the company's stock.
Alpha and Omega Semiconductor Price Performance
AOSL stock traded down $0.60 during midday trading on Friday, reaching $28.57. The company had a trading volume of 38,397 shares, compared to its average volume of 441,285. The company has a market capitalization of $857.24 million, a price-to-earnings ratio of -8.77 and a beta of 2.11. The stock has a 50 day moving average price of $27.50 and a 200-day moving average price of $24.79. Alpha and Omega Semiconductor Limited has a 1-year low of $15.90 and a 1-year high of $53.29. The company has a debt-to-equity ratio of 0.02, a current ratio of 2.56 and a quick ratio of 1.34.
Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The semiconductor company reported $0.02 EPS for the quarter, beating analysts' consensus estimates of ($0.01) by $0.03. The business had revenue of $176.50 million during the quarter, compared to the consensus estimate of $170.03 million. Alpha and Omega Semiconductor had a negative return on equity of 0.83% and a negative net margin of 13.93%.Alpha and Omega Semiconductor's revenue for the quarter was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.09 earnings per share. Equities research analysts expect that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current year.
Analysts Set New Price Targets
A number of equities research analysts have recently weighed in on the company. Stifel Nicolaus raised Alpha and Omega Semiconductor from a "sell" rating to a "hold" rating and lifted their target price for the stock from $18.00 to $25.00 in a report on Tuesday, July 15th. B. Riley increased their target price on Alpha and Omega Semiconductor from $30.00 to $35.00 and gave the stock a "buy" rating in a report on Friday, July 11th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, Alpha and Omega Semiconductor has an average rating of "Moderate Buy" and an average price target of $30.67.
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Alpha and Omega Semiconductor Company Profile
(
Free Report)
Alpha and Omega Semiconductor Limited designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally. It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, E-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding.
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