Kintegral Advisory LLC Has $587,000 Stake in Onsemi (NASDAQ:ON)

Kintegral Advisory LLC trimmed its position in shares of Onsemi (NASDAQ:ON) by 4.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 9,311 shares of the semiconductor company’s stock after selling 434 shares during the period. Kintegral Advisory LLC’s holdings in Onsemi were worth $587,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Capital Performance Advisors LLP acquired a new position in shares of Onsemi during the third quarter worth approximately $27,000. Ashton Thomas Securities LLC purchased a new stake in Onsemi in the 3rd quarter valued at $33,000. GHP Investment Advisors Inc. raised its position in Onsemi by 12,850.0% in the 3rd quarter. GHP Investment Advisors Inc. now owns 518 shares of the semiconductor company’s stock valued at $38,000 after buying an additional 514 shares during the last quarter. Safe Harbor Fiduciary LLC purchased a new stake in Onsemi in the 3rd quarter valued at $43,000. Finally, Newbridge Financial Services Group Inc. purchased a new stake in Onsemi in the 4th quarter valued at $41,000. 97.70% of the stock is owned by institutional investors and hedge funds.

Onsemi Stock Down 3.0 %

ON stock opened at $54.05 on Monday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.38 and a current ratio of 5.06. The company has a market capitalization of $22.78 billion, a price-to-earnings ratio of 14.89, a PEG ratio of 16.74 and a beta of 1.61. Onsemi has a fifty-two week low of $46.57 and a fifty-two week high of $85.16. The stock has a fifty day moving average of $57.39 and a 200-day moving average of $66.11.

Onsemi (NASDAQ:ON) last issued its earnings results on Monday, February 10th. The semiconductor company reported $0.95 EPS for the quarter, missing the consensus estimate of $0.98 by ($0.03). Onsemi had a return on equity of 20.10% and a net margin of 22.21%. As a group, equities research analysts predict that Onsemi will post 2.6 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on ON shares. Mizuho lowered their price target on Onsemi from $85.00 to $71.00 and set an “outperform” rating for the company in a research report on Tuesday, February 11th. Rosenblatt Securities reissued a “neutral” rating and issued a $75.00 price target on shares of Onsemi in a research report on Friday, February 7th. Morgan Stanley lowered their price target on Onsemi from $52.00 to $44.00 and set an “underweight” rating for the company in a research report on Tuesday, February 11th. Benchmark lowered their price target on Onsemi from $90.00 to $60.00 and set a “buy” rating for the company in a research report on Wednesday, February 12th. Finally, Loop Capital started coverage on Onsemi in a research note on Monday, November 11th. They issued a “buy” rating and a $95.00 price objective for the company. Two analysts have rated the stock with a sell rating, nine have given a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $68.16.

Onsemi Profile

onsemi is engaged in disruptive innovations and also a supplier of power and analog semiconductors. The firm offers vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure, with a focus on automotive and industrial end-markets. It operates through the following segments: Power Solutions Group, Advanced Solutions Group, and Intelligent Sensing Group.