Intersil Corp. (NASDAQ:ISIL) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $15.55 and last traded at $15.42, with a volume of 327,705 shares traded. The stock had previously closed at $15.31.

A number of brokerages have recently issued reports on ISIL. Zacks Investment Research downgraded shares of Intersil Corp. from a “buy” rating to a “hold” rating in a report on Friday, July 29th. Credit Suisse Group AG reissued a “hold” rating and issued a $13.00 price target on shares of Intersil Corp. in a report on Friday, July 29th. Citigroup Inc. raised their target price on shares of Intersil Corp. from $11.50 to $13.50 and gave the company a “sell” rating in a research note on Friday, July 29th. Deutsche Bank AG raised their target price on shares of Intersil Corp. from $15.00 to $17.00 and gave the company a “buy” rating in a research note on Friday, July 29th. Finally, MKM Partners raised their target price on shares of Intersil Corp. from $15.50 to $16.00 and gave the company a “neutral” rating in a research note on Friday, July 29th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $15.45.

The firm has a market cap of $2.09 billion and a PE ratio of 40.406. The company has a 50-day moving average of $14.21 and a 200-day moving average of $13.19.

Intersil Corp. (NASDAQ:ISIL) last announced its quarterly earnings data on Thursday, July 28th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.01. The company had revenue of $134.01 million for the quarter, compared to the consensus estimate of $133.44 million. The company’s revenue was up 1.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.16 earnings per share. On average, analysts predict that Intersil Corp. will post $0.69 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 26th. Investors of record on Tuesday, August 16th will be paid a dividend of $0.12 per share. The ex-dividend date is Friday, August 12th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.14%.

Other hedge funds and institutional investors recently made changes to their positions in the company. Broadview Advisors LLC increased its position in shares of Intersil Corp. by 1.9% in the fourth quarter. Broadview Advisors LLC now owns 1,028,125 shares of the company’s stock worth $13,119,000 after buying an additional 19,500 shares during the period. New York State Common Retirement Fund increased its position in shares of Intersil Corp. by 5.2% in the fourth quarter. New York State Common Retirement Fund now owns 126,500 shares of the company’s stock worth $1,614,000 after buying an additional 6,200 shares during the period. Mutual of America Capital Management LLC increased its position in shares of Intersil Corp. by 2.7% in the fourth quarter. Mutual of America Capital Management LLC now owns 90,658 shares of the company’s stock worth $1,157,000 after buying an additional 2,409 shares during the period. Finally, Liberty Mutual Group Asset Management Inc. increased its position in shares of Intersil Corp. by 51.7% in the fourth quarter. Liberty Mutual Group Asset Management Inc. now owns 85,195 shares of the company’s stock worth $1,086,000 after buying an additional 29,024 shares during the period.

Intersil Corporation is engaged in designing and developing power management and precision analog integrated circuits (IC). The Company provides power management and precision analog technology for applications in the infrastructure, industrial, automotive, military, aerospace, computing, and consumer markets.

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