Today, DUPONT CAPITAL MANAGEMENT Corp Takes Position in SunEdison Semiconductor Ltd. (SEMI)

Today, DUPONT CAPITAL MANAGEMENT Corp Takes Position in SunEdison Semiconductor Ltd. (SEMI)

DUPONT CAPITAL MANAGEMENT Corp bought a new position in shares of SunEdison Semiconductor Ltd. (NASDAQ:SEMI) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 25,800 shares of the company’s stock, valued at approximately $294,000. DUPONT CAPITAL MANAGEMENT Corp owned approximately 0.06% of SunEdison Semiconductor at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of SEMI. State Street Corp raised its stake in SunEdison Semiconductor by 2.2% in the second quarter. State Street Corp now owns 49,565 shares of the company’s stock valued at $293,000 after buying an additional 1,065 shares during the last quarter. Fox Run Management L.L.C. acquired a new stake in SunEdison Semiconductor during the third quarter valued at about $322,000. Bank of New York Mellon Corp raised its stake in SunEdison Semiconductor by 4.1% in the second quarter. Bank of New York Mellon Corp now owns 77,953 shares of the company’s stock valued at $462,000 after buying an additional 3,037 shares during the last quarter. Smith Asset Management Group LP acquired a new stake in SunEdison Semiconductor during the second quarter valued at about $489,000. Finally, FNY Managed Accounts LLC acquired a new stake in SunEdison Semiconductor during the third quarter valued at about $570,000. 72.85% of the stock is owned by institutional investors.

SunEdison Semiconductor Ltd. (NASDAQ:SEMI) opened at 11.94 on Friday. The company has a 50-day moving average of $11.76 and a 200 day moving average of $8.78. SunEdison Semiconductor Ltd. has a one year low of $3.24 and a one year high of $11.98. The company’s market cap is $506.57 million.

Several research firms recently issued reports on SEMI. Wells Fargo & Co. lowered shares of SunEdison Semiconductor from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 18th. Citigroup Inc. raised shares of SunEdison Semiconductor from a “sell” rating to a “neutral” rating and lifted their price objective for the company from $5.50 to $12.00 in a research note on Thursday, August 18th. raised shares of SunEdison Semiconductor from a “sell” rating to a “neutral” rating in a research note on Thursday, August 18th. Zacks Investment Research lowered shares of SunEdison Semiconductor from a “hold” rating to a “sell” rating in a research note on Wednesday, November 9th. Finally, Deutsche Bank AG lowered shares of SunEdison Semiconductor from a “buy” rating to a “hold” rating in a research note on Friday, August 19th. One investment analyst has rated the stock with a sell rating and eight have issued a hold rating to the company. The company currently has an average rating of “Hold” and an average price target of $8.16.

About SunEdison Semiconductor

SunEdison Semiconductor Limited is engaged in the development, manufacture and sale of silicon wafers to the semiconductor industry. The Company also develops advanced substrates, such as epitaxial (EPI) wafers and wafers for the silicon-on-insulator (SOI) market, which enable computing and communications applications.

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