Polianta Ltd Sells 1280 Shares of Lam Research Co. (LRCX)

Lawrence Kim
January 10, 2018

Also, the Hold rating count is 3 as of 01/08/18. Marriott Vacations Wrldwde C now has $3.61B valuation. The stock increased 0.27% or $0.1 during the last trading session, reaching $37.36. About 674,911 shares traded. Citigroup Inc. (NYSE:C) has risen 35.60% since January 7, 2017 and is uptrending. It has outperformed by 84.47% the S&P500. Nikko Asset Management Americas Incorporated reported 0.01% of its portfolio in Lam Research Corporation (NASDAQ:LRCX). LRCX's profit will be $594.34M for 13.40 P/E if the $3.67 EPS becomes a reality.

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits worldwide. Old Mutual Global Investors UK Ltd. now owns 878,960 shares of the semiconductor company's stock valued at $124,311,000 after buying an additional 830,034 shares in the last quarter. Lam Research Corporation (NASDAQ:LRCX) has risen 107.86% since January 9, 2017 and is uptrending. It has outperformed by 91.16% the S&P500.The move comes after 9 months negative chart setup for the $30.97 billion company.

Since August 7, 2017, it had 0 buys, and 2 sales for $1.88 million activity. 2,891 shares were sold by Schwieger Scott, worth $152,791 on Monday, July 31. (NYSE:C) or 5,000 shares. Moreover, Morgan Stanley has 0% invested in Brightcove Inc. Its down 0.26, from 1.17 in 2017Q2. American Grp holds 0% or 22,743 shares. 258.81 million shares or 4.21% more from 248.36 million shares in 2017Q2 were reported. Yorkville Mngmt Lc reported 103,110 shares.

Sell-side analyst recommendations point to a short term price target of $134.17 on the shares of The Estee Lauder Companies Inc.

Royce & Associates LP reduced its position in shares of Lam Research Co. 5,770 are held by Hsbc Holdg Plc. Spectrum Mngmt Group stated it has 1 shares. Regentatlantic Capital Ltd Liability has 1,244 shares for 0.02% of their portfolio. It also increased its holding in Facebook Inc (NASDAQ:FB) by 19,630 shares in the quarter, for a total of 154,448 shares, and has risen its stake in Fluor Corp New (NYSE:FLR). Sandy Spring Savings Bank has 57 shares for 0% of their portfolio. Bessemer Group Inc. now owns 2,323 shares of the semiconductor company's stock worth $328,000 after purchasing an additional 958 shares in the last quarter. After $3.46 actual EPS reported by Lam Research Corporation for the previous quarter, Wall Street now forecasts 6.07 % EPS growth.

In other Lam Research news, insider Martin B. Anstice sold 21,955 shares of the stock in a transaction on Friday, November 17th. Therefore 75% are positive. (NASDAQ:TSBK) for 40,000 shares. Oppenheimer maintained it with "Outperform" rating and $66.0 target in Tuesday, January 19 report. (NYSE:C), 19 have Buy rating, 3 Sell and 15 Hold. Needham has "Buy" rating and $20000 target. The rating was maintained by Susquehanna with "Neutral" on Monday, September 21. On Friday, July 28 the stock rating was initiated by Roth Capital with "Buy". The stock has "Buy" rating by Credit Agricole on Friday, September 25. Current price places the company's stock 18.12% away from its 200-day simple moving average, 0.04%, away from the 50-day average and also 5.83% away from 20-day average. The firm has "Buy" rating by Wells Fargo given on Monday, October 2. Nomura maintained it with "Buy" rating and $160 target in Friday, November 3 report. The firm earned "Buy" rating on Wednesday, October 18 by Bank of America.

The institutional investor owned 6,120 shares of the semiconductor company's stock after selling 1,280 shares during the period. Its up 0.04, from 0.98 in 2017Q2. The legal version of this piece can be accessed at https://www.truebluetribune.com/2018/01/10/polianta-ltd-sells-1280-shares-of-lam-research-co-lrcx.html. 35 funds opened positions while 43 raised stakes. The First Foundation Advisors holds 1,517 shares with $281,000 value, down from 7,995 last quarter.

Over the past five trading sessions shares of Lam Research Corporation (NASDAQ:LRCX) are 7.5%; 7.41% for the month; 7.06% for the last quarter; 31.19% for the past six-months; and 83.9% for the last 12 months. Deroy & Devereaux Private Investment Counsel Inc sold 33,538 shares as Lam Research Corp (LRCX)'s stock rose 32.64%. American Assets Investment Management Llc who had been investing in Acadia Healthcare Company In for a number of months, seems to be bullish on the $2.90B market cap company. Texas Permanent School Fund holds 45,021 shares. (NYSE:C). Becker Cap Mngmt owns 561,670 shares or 1.4% of their United States portfolio.

Central Asset Investments & Management Holdings Hk Ltd, which manages about $131.30 million US Long portfolio, decreased its stake in Jpmorgan Chase & Co (NYSE:JPM) by 29,800 shares to 5,000 shares, valued at $478,000 in 2017Q3, according to the filing. (NYSE:EL) shares ended at $130.97 with 0.97 mln shares exchanging hands. Another trade for 15,638 shares valued at $2.75 million was sold by ARCHER TIMOTHY. Tower Rech Cap Ltd Com (Trc), New York-based fund reported 6 shares. State Of Wisconsin Board invested in 0.13% or 242,546 shares. Its down 96.55% from 2,900 shares previously.

Investors sentiment decreased to 1.04 in Q3 2017.

Shares of Lam Research (NASDAQ:LRCX) opened at $197.57 on Wednesday.

Analysts await Lam Research Corporation (NASDAQ:LRCX) to report earnings on January, 24. Therefore 91% are positive. BioTelemetry had 9 analyst reports since July 28, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of LRCX in report on Thursday, October 22 with "Underperform" rating. As per Thursday, December 7, the company rating was upgraded by Nomura.

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