Ohio Public Employees Retirement System owns $119.43 million worth of stock in Advanced Micro Devices, Inc. (NASDAQ:AMD)

The Ohio Public Employees Retirement System increased its position in shares of Advanced Micro Devices, Inc., according to the company’s latest filing with the Securities and Exchange Commission. (NASDAQ:AMD – Free Report) up 0.5% in the fourth quarter. The fund owned 810,198 shares of the semiconductor maker after purchasing an additional 3,980 shares during the period. At the end of the most recent reporting period, Public Employees Retirement System of Ohio owned 0.05% of Advanced Micro Devices worth $119,431,000.

A number of other institutional investors and hedge funds have also recently bought and sold AMD stock. In the third quarter, Vanguard Group Inc. increased its shares in Advanced Micro Devices by 0.8%. Vanguard Group Inc. now owns 140,054,820 shares of the semiconductor maker’s stock valued at $14,400,437,000 after purchasing an additional 1,153,611 shares in the last quarter. Fisher Asset Management LLC increased its position in Advanced Micro Devices by 2.2% during the fourth quarter. Fisher Asset Management LLC now owns 28,368,826 shares of the semiconductor maker’s stock valued at $4,181,849,000 after acquiring an additional 600,638 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Advanced Micro Devices by 10.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 27,675,684 shares of the semiconductor maker’s stock valued at $4,079,674,000 after purchasing an additional 2,553,392 shares in the last quarter. Jennison Associates LLC increased its holdings in shares of Advanced Micro Devices by 5.9% during the fourth quarter. Jennison Associates LLC now owns 26,886,280 shares of the semiconductor maker’s stock valued at $3,963,307,000 after purchasing an additional 1,490,997 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of Advanced Micro Devices during the fourth quarter worth $3,426,529,000. Hedge funds and other institutional investors hold 71.34% of the company’s shares.

The turnover of advanced micro devices decreased by 0.2%

On Friday, AMD shares closed at $159.90. Advanced Micro Devices, Inc. it has a 1-year low of $93.11 and a 1-year high of $227.30. The company has a current ratio of 2.64, a quick ratio of 1.92 and a debt to equity ratio of 0.03. The company’s 50-day moving average is $159.95 and its 200-day moving average is $162.13. The company has a market capitalization of $258.45 billion, a P/E ratio of 235.15, a P/E/G ratio of 1.85 and a beta of 1.69.

Advanced Micro Devices ( NASDAQ:AMD – Get Free Report ) last announced its quarterly earnings results on Tuesday, April 30th. The semiconductor maker reported earnings per share of $0.62 for the quarter, $0.01 above analysts’ consensus estimates of $0.61. The company’s revenue for the quarter was $5.47 billion, compared to analyst expectations of $5.48 billion. Advanced Micro Devices had a return on equity of 5.72% and a net margin of 4.89%. The company’s revenue increased by 2.2% compared to the same quarter last year. During the same period last year, the company reported earnings per share of $0.43. Stock analysts predict that Advanced Micro Devices, Inc. will report 2.62 earnings per share for the current financial year.

Analysts set new price targets

Several stock analysts commented on AMD stock. On Friday, June 7, in a research report, StockNews.com increased its recommendation for Advanced Micro Devices from “sell” to “hold”. Evercore ISI lowered their target price on Advanced Micro Devices from $200.00 to $193.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 1st. Mizuho lowered their target price on Advanced Micro Devices from $235.00 to $215.00 and gave the company a “buy” rating in a report on Wednesday, May 1. KeyCorp lowered their target price on Advanced Micro Devices from $270.00 to $230.00 and set an “overperform” rating on the stock in a report on Wednesday, May 1st. Finally, Cantor Fitzgerald lowered their target price on shares of Advanced Micro Devices from $190.00 to $170.00 and gave the company an “overweight” rating in a research note on Wednesday, May 1st. Four analysts rated the company’s shares with a hold rating, and twenty-seven issued a buy rating. According to MarketBeat data, the consensus rating for the company’s stock is “Moderate Buy” and the average price target is $185.68.

See our latest analysis for AMD

Confidential activity at Advanced Micro Devices

In other Advanced Micro Devices news, Vice President Mark D. Papermaster sold 16,200 shares of the company’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $164.25, for a total transaction amount of $2,660,850.00. Following the sale, the executive vice president now directly owns 1,554,602 shares of the company’s stock valued at $255,343,378.50. The sale was disclosed in a legal filing filed with the Securities and Exchange Commission, available at this link. Currently, insiders own 0.65% of the shares.

Advanced Micro Devices company profile

(free report)

Advanced Micro Devices, Inc operates as a semiconductor manufacturing company worldwide. It operates in the Data Center, Client, Gaming and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as accelerated processing units, chipsets, data center and professional graphics processors; and embedded processors, semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technologies, data processing units, field-programmable gate arrays (FPGAs), and adaptive SoC products.

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