Tower Semiconductor Ltd. (TSEM) Analysts See $0.36 EPS; Nuveen California Dividend Advantage Municipal Fund Has 1.33 Sentiment

April 17, 2018 - By Migdalia James

Nuveen California Dividend Advantage Municipal Fund (NAC) investors sentiment increased to 1.33 in Q4 2017. It’s up 0.21, from 1.12 in 2017Q3. The ratio increased, as 32 hedge funds started new and increased holdings, while 24 sold and reduced their equity positions in Nuveen California Dividend Advantage Municipal Fund. The hedge funds in our database now have: 6.63 million shares, up from 6.23 million shares in 2017Q3. Also, the number of hedge funds holding Nuveen California Dividend Advantage Municipal Fund in top ten holdings was flat from 0 to 0 for the same number . Sold All: 12 Reduced: 12 Increased: 19 New Position: 13.

Analysts expect Tower Semiconductor Ltd. (NASDAQ:TSEM) to report $0.36 EPS on May, 7 before the open.They anticipate $0.13 EPS change or 26.53% from last quarter’s $0.49 EPS. TSEM’s profit would be $35.49 million giving it 19.98 P/E if the $0.36 EPS is correct. After having $0.58 EPS previously, Tower Semiconductor Ltd.’s analysts see -37.93% EPS growth. The stock increased 0.24% or $0.07 during the last trading session, reaching $28.77. About 209,925 shares traded. Tower Semiconductor Ltd. (NASDAQ:TSEM) has risen 18.08% since April 17, 2017 and is uptrending. It has outperformed by 6.53% the S&P500.

It closed at $13.37 lastly. It is down 7.04% since April 17, 2017 and is downtrending. It has underperformed by 18.59% the S&P500.

Van Hulzen Asset Management Llc holds 0.85% of its portfolio in Nuveen California Quality Municipal Income Fund for 194,961 shares. Apriem Advisors owns 155,631 shares or 0.55% of their US portfolio. Moreover, Thomas J. Herzfeld Advisors Inc. has 0.54% invested in the company for 102,000 shares. The Illinois-based Coe Capital Management Llc has invested 0.25% in the stock. Advisors Asset Management Inc., a Colorado-based fund reported 609,916 shares.

Among 7 analysts covering TowerJazz (NASDAQ:TSEM), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. TowerJazz had 20 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Tower Semiconductor Ltd. (NASDAQ:TSEM) has “Buy” rating given on Tuesday, October 20 by Drexel Hamilton. The rating was maintained by Craig Hallum on Wednesday, November 8 with “Buy”. The stock of Tower Semiconductor Ltd. (NASDAQ:TSEM) earned “Buy” rating by Drexel Hamilton on Monday, August 21. The stock of Tower Semiconductor Ltd. (NASDAQ:TSEM) has “Buy” rating given on Wednesday, June 21 by Needham. As per Thursday, September 7, the company rating was maintained by Needham. Drexel Hamilton maintained Tower Semiconductor Ltd. (NASDAQ:TSEM) on Thursday, August 3 with “Buy” rating. Needham initiated the shares of TSEM in report on Friday, January 22 with “Strong Buy” rating. The stock of Tower Semiconductor Ltd. (NASDAQ:TSEM) has “Outperform” rating given on Tuesday, December 15 by Oppenheimer. Drexel Hamilton maintained the shares of TSEM in report on Tuesday, November 7 with “Buy” rating. The firm earned “Buy” rating on Thursday, August 6 by Chardan Capital Markets.

Tower Semiconductor Ltd., an independent semiconductor foundry, makes and markets analog intensive mixed-signal semiconductor devices in the United States, Asia, and Europe. The company has market cap of $2.84 billion. The firm provides various customizable process technologies, including silicon-germanium, BiCMOS, mixed-signal/complementary metal oxide semiconductor , radio frequency CMOS, CMOS image sensor, integrated power management, and micro-electro-mechanical systems. It has a 9.93 P/E ratio. It also offers transfer optimization and development process services to integrated device manufacturers and fabless companies.

Tower Semiconductor Ltd. (NASDAQ:TSEM) Ratings Chart

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By1 Migdalia James

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