215 increased positions while 112 funds amassed positions. 140.89 million shares or 3.74% less from 146.35 million shares in 2017Q3 were reported. Ingalls & Snyder Llc bought 314,865 shares as the company's stock declined 21.65% with the market. Moreover, Prudential Fincl Inc has 0.07% invested in Lam Research Corporation (NASDAQ:LRCX). Winch Advisory Services Ltd Com accumulated 0.01% or 59 shs.
On 2/9/2017 NASDAQ:LRCX - Lam Research announced a quarterly dividend of $0.45 1.55% with an ex dividend date of 3/6/2017 which will be payable on 3/29/2017. Amica Mutual Insur holds 0.3% or 16,750 shs in its capital. Mu Invs Limited, a Japan-based fund reported 80 shares. Stifel analysts Reiterated the shares of Lam Research Corporation to Buy in a research note they presented on April 18th, 2018 but they now have set a price target of $295, which is an increase from the previous $260. Trexquant L P has invested 0.26% in Lam Research Corporation (NASDAQ:LRCX). Exxonmobil Invest Management Tx holds 0.13% or 25,750 shs in its capital. Federated Invsts Pa owns 456,691 shs. Lam Research Corporation (NASDAQ:LRCX), at its latest closing price of $202.19, it has a price-to-book ratio of 4.92, compared to an industry average at 4.49. Another trade for 10,000 shs valued at $2.24 million was made by O'Dowd Sarah A on Thursday, March 22. Lam Research Corporation (NASDAQ:LRCX) has risen 58.54% since May 15, 2017 and is uptrending. 11,200 shares were sold by Anstice Martin B, worth $2.52M. Gottscho Richard A sold $3.54 million worth of stock. Vigilant Capital Mngmt Lc stated it has 2.39% in Lam Research Corporation (NASDAQ:LRCX). They issued an "outperform" rating and a $285.00 target price on the stock. On Monday, May 14 the rating was upgraded by Citigroup to "Buy". 27 are the (NASDAQ:LRCX)'s ratings reports on May 15, 2018 according to StockzIntelligence Inc. Also, Lam Research Corporation (LRCX) needs to expand a 36.4% increase it experienced over the past twelve months. The positive are 95%. The stock presently has a consensus rating of "Buy" and an average price target of $257.06. Cowen began coverage on shares of Lam Research in a report on Tuesday. The firm has "Buy" rating given on Wednesday, April 18 by B. Riley & Co. The stock of Lam Research Corporation (NASDAQ:LRCX) earned "Overweight" rating by Pacific Crest on Thursday, March 16. The rating was upgraded by Susquehanna to "Positive" on Tuesday, January 16.
Lam Research (NASDAQ:LRCX) last released its earnings results on Tuesday, April 17th. The stock rating was maintained by KeyBanc Capital Markets with "Buy" on Thursday, April 12. In Thursday, December 7 report Nomura upgraded it to "Buy" rating and $215.0 target. The firm has "Buy" rating by Credit Suisse given on Wednesday, October 18. JP Morgan maintained Lam Research Corporation (NASDAQ:LRCX) on Thursday, January 25 with "Overweight" rating. The performance of the stock over the past seven days has increased by 6.69%, over the past one-month price index is -1.46% while over the last three months is -3.77%. LRCX outperformed by 46.99% the S&P 500. The semiconductor company reported $4.79 earnings per share for the quarter, beating the consensus estimate of $4.38 by $0.41. Last year's EPS was $3.11, while now analysts expect change of 60.77 % up from current $5.00 EPS. LRCX's profit will be $820.22 million for 10.40 P/E if the $5.00 EPS becomes a reality. The firm's revenue for the quarter was up 34.3% on a year-over-year basis. sell-side analysts anticipate that Lam Research will post 17.54 EPS for the current year.
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits worldwide. The firm offers thin film deposition products, including SABRE electrochemical deposition products for copper damascene manufacturing; ALTUS systems to deposit conformal atomic layer films for tungsten metallization applications; VECTOR plasma-enhanced chemical vapor deposition and atomic layer deposition systems to deposit oxides, nitrides, and carbides for hardmasks, multiple patterning films, anti-reflective layers, multi-layer stack films, and diffusion barriers; and Striker atomic layer deposition systems that deliver conformal dielectric films for spacer patterning and liner applications in various advanced memory and logic structures. The Company's thin film deposition products also comprise SPEED high-density plasma CVD products for applications in shallow trench isolation, pre-metal dielectrics, inter-layer dielectrics, inter-metal dielectrics, and passivation layers; and SOLA ultraviolet thermal processing products for treatment of back-end-of-line (BEOL) low-k dielectric films and front-end-of-line silicon nitride strained films. Motco stated it has 0% in Lam Research Corporation (NASDAQ:LRCX).
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