Thompson Investment Management Inc. decreased its stake in Maxim Integrated Products Inc. (NASDAQ:MXIM) by 5.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 134,054 shares of the company’s stock after selling 7,211 shares during the period. Maxim Integrated Products comprises 1.1% of Thompson Investment Management Inc.’s holdings, making the stock its 26th largest position. Thompson Investment Management Inc.’s holdings in Maxim Integrated Products were worth $5,094,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MXIM. Neuberger Berman Group LLC raised its position in Maxim Integrated Products by 59.4% in the fourth quarter. Neuberger Berman Group LLC now owns 1,054,792 shares of the company’s stock valued at $40,082,000 after buying an additional 393,042 shares during the period. Boston Advisors raised its position in Maxim Integrated Products by 362.5% in the fourth quarter. Boston Advisors now owns 459,020 shares of the company’s stock valued at $17,443,000 after buying an additional 359,780 shares during the period. American Century Companies Inc. raised its position in Maxim Integrated Products by 3.0% in the fourth quarter. American Century Companies Inc. now owns 5,238,332 shares of the company’s stock valued at $199,057,000 after buying an additional 153,749 shares during the period. Stanley Laman Group Ltd. purchased a new position in Maxim Integrated Products during the fourth quarter valued at approximately $3,997,000. Finally, Nationwide Fund Advisors raised its position in Maxim Integrated Products by 28.5% in the fourth quarter. Nationwide Fund Advisors now owns 449,813 shares of the company’s stock valued at $17,093,000 after buying an additional 99,638 shares during the period.

Shares of Maxim Integrated Products Inc. (NASDAQ:MXIM) opened at 33.90 on Monday. The stock has a 50 day moving average price of $32.41 and a 200 day moving average price of $35.39. The stock has a market capitalization of $9.71 billion and a P/E ratio of 57.07. Maxim Integrated Products Inc. has a 12 month low of $29.47 and a 12 month high of $42.18.

Maxim Integrated Products (NASDAQ:MXIM) last released its quarterly earnings data on Thursday, January 21st. The company reported $0.32 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.32. During the same quarter in the prior year, the firm earned $0.33 EPS. The company had revenue of $510.80 million for the quarter, compared to analyst estimates of $505.08 million. The company’s revenue for the quarter was down 9.2% compared to the same quarter last year. On average, analysts anticipate that Maxim Integrated Products Inc. will post $1.62 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 3rd. Investors of record on Thursday, February 18th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, February 16th. This represents a $1.20 dividend on an annualized basis and a yield of 3.54%.

Several research analysts have commented on MXIM shares. Barclays cut their price target on Maxim Integrated Products from $34.00 to $33.00 in a research report on Thursday, January 14th. Nomura raised Maxim Integrated Products from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $33.00 to $47.00 in a research report on Wednesday, December 9th. RBC Capital reissued a “sector perform” rating and issued a $35.00 target price on shares of Maxim Integrated Products in a report on Monday, February 8th. B. Riley dropped their target price on Maxim Integrated Products from $34.00 to $31.00 and set a “neutral” rating on the stock in a report on Friday, January 15th. Finally, Credit Suisse boosted their target price on Maxim Integrated Products from $32.00 to $35.00 and gave the company a “neutral” rating in a report on Friday, January 22nd. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $37.73.

In other Maxim Integrated Products news, VP David Caron sold 16,020 shares of Maxim Integrated Products stock in a transaction on Wednesday, February 17th. The stock was sold at an average price of $33.30, for a total transaction of $533,466.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director A R. Frank Wazzan sold 11,700 shares of Maxim Integrated Products stock in a transaction on Monday, February 22nd. The shares were sold at an average price of $33.42, for a total value of $391,014.00.

Maxim Integrated Products, Inc is engaged in designing, developing, manufacturing and marketing a range of linear and mixed-signal integrated circuits, referred to as analog circuits. The Company also provides a range of high-frequency process technologies and capabilities for use in custom designs. The Company’s products include switching regulators, charge pumps, linear regulators, light-emitting diode drivers, power switching, transceivers, level translators, broadband switches, current loop products, real-time clocks, data loggers and microcontrollers.

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