The Manufacturers Life Insurance Company Decreases Stake in Alpha and Omega Semiconductor Limited (NASDAQ:AOSL)

The Manufacturers Life Insurance Company lessened its position in shares of Alpha and Omega Semiconductor Limited (NASDAQ:AOSL - Free Report) by 2.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,189,245 shares of the semiconductor company's stock after selling 25,386 shares during the quarter. The Manufacturers Life Insurance Company owned about 4.10% of Alpha and Omega Semiconductor worth $44,038,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of AOSL. IFP Advisors Inc lifted its holdings in shares of Alpha and Omega Semiconductor by 276.8% during the 4th quarter. IFP Advisors Inc now owns 746 shares of the semiconductor company's stock valued at $28,000 after purchasing an additional 548 shares during the last quarter. Sterling Capital Management LLC raised its position in shares of Alpha and Omega Semiconductor by 820.7% in the 4th quarter. Sterling Capital Management LLC now owns 755 shares of the semiconductor company's stock valued at $28,000 after purchasing an additional 673 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of Alpha and Omega Semiconductor by 47.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 908 shares of the semiconductor company's stock valued at $34,000 after purchasing an additional 291 shares during the last quarter. Larson Financial Group LLC acquired a new stake in Alpha and Omega Semiconductor in the 4th quarter worth approximately $38,000. Finally, CIBC Private Wealth Group LLC purchased a new stake in Alpha and Omega Semiconductor during the 4th quarter worth approximately $39,000. Hedge funds and other institutional investors own 78.97% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on AOSL. StockNews.com downgraded Alpha and Omega Semiconductor from a "hold" rating to a "sell" rating in a research report on Saturday. Benchmark increased their price target on shares of Alpha and Omega Semiconductor from $40.00 to $42.00 and gave the stock a "buy" rating in a report on Thursday, February 6th. Finally, Stifel Nicolaus reduced their target price on shares of Alpha and Omega Semiconductor from $30.00 to $18.00 and set a "sell" rating for the company in a report on Thursday, April 17th.

Alpha and Omega Semiconductor Price Performance

Shares of Alpha and Omega Semiconductor stock traded up $1.50 during trading hours on Friday, reaching $20.91. The stock had a trading volume of 374,741 shares, compared to its average volume of 505,102. Alpha and Omega Semiconductor Limited has a twelve month low of $15.90 and a twelve month high of $53.29. The company has a current ratio of 2.72, a quick ratio of 1.50 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $615.07 million, a PE ratio of -26.14 and a beta of 2.48. The stock's 50 day moving average is $23.23 and its 200 day moving average is $32.56.

Alpha and Omega Semiconductor (NASDAQ:AOSL - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The semiconductor company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.08 by ($0.26). Alpha and Omega Semiconductor had a negative return on equity of 0.23% and a negative net margin of 3.46%. Equities analysts expect that Alpha and Omega Semiconductor Limited will post -0.82 earnings per share for the current fiscal year.

Alpha and Omega Semiconductor Profile

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.