Dividend Flows Coverage: $0.42 just might be within reach for Analog Devices, Inc. (NASDAQ:ADI) shareholder.

Dividend Flows Coverage: $0.42 just might be within reach for Analog Devices, Inc. (NASDAQ:ADI) shareholder.

Analog Devices, Inc. (NASDAQ:ADI) is expected to pay $0.42 on Dec 13, 2016. The indicated annual dividend is $1.68. Shareholders owning the stock before Nov 30, 2016 will be eligible to receive the payout. Based on Analog Devices, Inc.’s current price of $74.16, the dividend is 0.57%. This dividend’s record date is Dec 2, 2016 and the announcement date is Nov 22, 2016. The stock decreased 0.05% or $0.04 during the last trading session, hitting $74.16. Analog Devices, Inc. (NASDAQ:ADI) has risen 25.00% since April 26, 2016 and is uptrending. It has outperformed by 19.74% the S&P500.

Analog Devices, Inc. is engaged in designing, manufacturing and marketing analog, mixed-signal and digital signal processing technology, including integrated circuits (ICs), algorithms, software and subsystems. The company has a market cap of $23.04 billion. The Company’s operating divisions include United States, Rest of North/South America, Europe, Japan, China and Rest of Asia. It has a 26.86 P/E ratio. The Company’s signal processing products help in converting, conditioning and processing real-world phenomena, such as temperature, pressure, sound, light, speed and motion into electrical signals.

Insitutional Activity: The institutional sentiment increased to 1.23 in Q2 2016. Its up 0.23, from 1 in 2016Q1. The ratio is positive, as 44 funds sold all Analog Devices, Inc. shares owned while 171 reduced positions. 41 funds bought stakes while 174 increased positions. They now own 259.50 million shares or 3.30% less from 268.36 million shares in 2016Q1.
Dalton Greiner Hartman Maher And Company owns 254,208 shares or 0.89% of their US portfolio. Mitsubishi Ufj Tru & Corporation holds 0.08% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI) for 627,277 shares. Estabrook Capital has invested 0% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI). Vantage Invest Advsrs Limited Liability Company holds 0.01% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI) for 475 shares. America First Inv Advisors Limited Liability Corp owns 777 shares or 0.02% of their US portfolio. Bradley Foster And Sargent Inc Ct has 51,082 shares for 0.13% of their US portfolio. Tompkins has 0% invested in the company for 50 shares. Central Financial Bank & Comm owns 11,200 shares or 0.18% of their US portfolio. Commonwealth Natl Bank Of Aus holds 0% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI) for 1,575 shares. State Treasurer State Of Michigan owns 106,805 shares or 0.05% of their US portfolio. Kanaly Tru reported 145 shares or 0% of all its holdings. Us Bank & Trust De holds 120,376 shares or 0.03% of its portfolio. Moreover, Tru Co Of Toledo Na Oh has 0.39% invested in Analog Devices, Inc. (NASDAQ:ADI) for 23,639 shares. Joel Isaacson And Lc holds 0% of its portfolio in Analog Devices, Inc. (NASDAQ:ADI) for 140 shares. Johnson Fincl Gp Inc accumulated 38 shares or 0% of the stock.

Insider Transactions: Since July 15, 2016, the stock had 0 insider buys, and 11 selling transactions for $10.24 million net activity. $629,120 worth of Analog Devices, Inc. (NASDAQ:ADI) shares were sold by Cotter Martin. $1.60 million worth of Analog Devices, Inc. (NASDAQ:ADI) was sold by STATA RAY on Monday, August 22. Shares for $463,065 were sold by SEIF MARGARET K on Friday, August 19. Shares for $964,935 were sold by Zinsner David. $483,143 worth of Analog Devices, Inc. (NASDAQ:ADI) was sold by HODGSON JOHN C on Tuesday, October 4. Hess Rick D sold $375,780 worth of stock or 6,000 shares. 6,500 shares were sold by Real Peter, worth $416,904 on Thursday, September 29.

Analog Devices, Inc. (NASDAQ:ADI) Ratings Coverage

Out of 24 analysts covering Analog Devices (NASDAQ:ADI), 14 rate it a “Buy”, 0 “Sell”, while 10 “Hold”. This means 58% are positive. $80 is the highest target while $50 is the lowest. The $62 average target is -16.40% below today’s ($74.16) stock price. Analog Devices has been the topic of 63 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The company was maintained on Thursday, September 8 by Stifel Nicolaus. The firm has “Hold” rating given on Wednesday, July 22 by Drexel Hamilton. The rating was upgraded by Citigroup on Wednesday, September 30 to “Buy”. The stock has “Outperform” rating given by RBC Capital Markets on Friday, January 15. The rating was maintained by Stifel Nicolaus on Wednesday, August 19 with “Buy”. As per Wednesday, August 19, the company rating was maintained by Maxim Group. BMO Capital Markets maintained Analog Devices, Inc. (NASDAQ:ADI) rating on Wednesday, August 19. BMO Capital Markets has “Market Perform” rating and $63 price target. The company was downgraded on Tuesday, April 19 by Raymond James. RBC Capital Markets maintained Analog Devices, Inc. (NASDAQ:ADI) rating on Monday, January 18. RBC Capital Markets has “Outperform” rating and $58 price target. The firm has “Outperform” rating given on Friday, July 1 by RBC Capital Markets.

More news for Analog Devices, Inc. (NASDAQ:ADI) were recently published by: Forbes.com, which released: “Ex-Dividend Reminder: Fair Isaac, Analog Devices and Lexmark International” on November 28, 2016. 247Wallst.com‘s article titled: “Top Analyst Upgrades and Downgrades: Analog Devices, First Solar, Hewlett …” and published on November 23, 2016 is yet another important article.

ADI Company Profile

Analog Devices, Inc., incorporated on January 18, 1965, is engaged in designing, manufacturing and marketing analog, mixed-signal and digital signal processing (DSP) technology, including integrated circuits (ICs), algorithms, software and subsystems. The Company’s operating divisions include United States, Rest of North/South America, Europe, Japan, China and Rest of Asia. The Company’s signal processing products help in converting, conditioning and processing real-world phenomena, such as temperature, pressure, sound, light, speed and motion into electrical signals, which are to be used in a range of electronic devices. The Firm combines data converters, amplifiers and linear products, radio frequency (RF) ICs, power management products, sensors based on micro-electro mechanical systems (MEMS) technology and other sensors, and processing products, including DSP, micro controllers and other processors, into technology platforms. The Company’s products are embedded inside various types of electronic equipment, including industrial process control systems, medical imaging equipment, factory automation systems, patient monitoring devices, instrumentation and measurement systems, wireless infrastructure equipment, energy management systems, networking equipment, aerospace and defense electronics, optical systems, automobiles and portable electronic devices.

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