Wednesday, 12 December, 2018

Lam Research (LRCX) PT Raised to $260.00 at JPMorgan Chase & Co

Nellie Chapman | 28 January, 2018, 22:44

The institutional investor owned 47,881 shares of the semiconductor company's stock after acquiring an additional 1,721 shares during the quarter. It also provides investment, financial planning, trust, asset management, and cash management services.

1/25/2018-ICAP Reiterated Rating of Positive.

The average 1-year price target for U.S. Bancorp (USB) - averaging the work of different analysts - reveals a mean PT of $59.13/share.

WARNING: "Royal Bank of Canada Raises Lam Research (LRCX) Price Target to $245.00" was originally published by Registrar Journal and is the property of of Registrar Journal.

Lam Research Corporation holds an earnings per share of $ 10.95 and the EPS growth for this year shows a value of 77.00%. Peregrine Asset Advisers Inc who had been investing in Johnson&Johnson for a number of months, seems to be less bullish one the $385.46 billion market cap company. Needham maintained the stock with "Buy" rating in Friday, September 1 report. The stock now has an average rating of "Buy" and an average target price of $231.10. The company was maintained on Thursday, July 27 by B. Riley & Co.

On 11/18/2016 Lam Research announced a quarterly dividend of $0.45 1.69% with an ex dividend date of 12/12/2016 which will be payable on 1/4/2017.

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits worldwide. The firm also offers torque overlay solutions that analyze input from various vehicle systems to determine the appropriate response to various conditions. It has a 23.03 P/E ratio. Marshall & Sullivan Wa holds 29,327 shares or 3.78% of its portfolio. Narrowing in further, the stock has been recently noted at -8.18% away from the 30 day high and +3.28% separated from the 30 day low. Finally, Sun Life Financial INC increased its position in shares of Lam Research by 10,672.7% during the second quarter. Neville Rodie Shaw Incorporated stated it has 0.95% of its portfolio in Lam Research Corporation (NASDAQ:LRCX). It tells an investor how quickly a company is increasing its revenues.

Looking at the Analyst Recommendations of the stock, 5 Analysts issued a Buy for MoSys, 11 gave Outperform, 1 analysts gave Hold Rating, 0 issued Underperform and 0 marked the stock as Sell. Its up 0.04, from 0.98 in 2017Q2.

Moving toward other technical indicators, Lam Research Corporation (NASDAQ:LRCX)is wondering in considerable region as it has 20 days moving average of 11.27% and struggles for 50 days moving average of buoyant run is 9.65%. Lam Research Corporation (NASDAQ:LRCX) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges.

A number of hedge funds have recently made changes to their positions in LRCX. Peregrine Asset Advisers Inc sold 35,449 shares as the company's stock rose 6.85% with the market. Guardian Cap Ltd Partnership holds 2,526 shares or 0.01% of its portfolio.

On 10/17/2017 Stephen G. Newberry, Director, sold 750 with an average share price of $195.09 per share and the total transaction amounting to $146,317.50. Convergence Investment Ltd Liability Corp invested in 0.52% or 19,993 shares. Manchester Management Ltd Liability Com has invested 0.04% in Lam Research Corporation (NASDAQ:LRCX). Manufacturers Life Insur The reported 179,822 shares. Kentucky Retirement System Tru Fund has 4,265 shares for 0.14% of their portfolio. Credit Suisse Ag reported 0.07% stake. 8,952 are owned by Paloma Partners Communications. Insiders sold a total of 31,269 shares of company stock valued at $6,615,633 in the last quarter. Ftb Advsrs Inc stated it has 13 shares. The stock decreased 0.39% or $0.8074 during the last trading session, reaching $208.9226. Enova International, Inc. (NYSE:ENVA) has risen 92.09% since January 24, 2017 and is uptrending.

Shares of Lam Research Corporation (NASDAQ:LRCX) are making a strong comeback as they have jumped 85.83% since bottoming out on January 26, 2017. When we divide the last trade volume by the 3-month average volume, we found out a relative volume of 1.58. The shares were sold at an average price of $215.00, for a total value of $5,472,395.00. It has outperformed by 14.18% the S&P500.

Cubist Systematic Strategies Llc, which manages about $1.79 billion US Long portfolio, upped its stake in News Corp New (NASDAQ:NWSA) by 75,814 shares to 87,643 shares, valued at $1.16 million in 2017Q3, according to the filing. It has outperformed by 91.16% the S&P500. Howland Capital Management Llc owns 492,105 shares or 1.9% of their United States portfolio. One research analyst has rated the stock with a hold rating, twenty-four have assigned a buy rating and one has issued a strong buy rating to the company.

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