On Jun 27, 2018 UBS Reports Lam Research (NASDAQ:LRCX)’s Rating Change From Neutral to Buy.

June 27, 2018 - By Anthony Rauscher

Lam Research Corporation (NASDAQ:LRCX) Corporate Logo

Big Money Sentiment increased to 1.1 in Q1 2018. It has change of 0.02, from 2017Q4’s 1.08. The ratio increased due to Lam Research Corporation positioning: 62 sold and 259 reduced. 131 funds bought positions and 223 increased positions. Investors holded 140.89 million in 2017Q4 but now own 138.23 million shares or 1.88% less.

6,192 were reported by Element Cap Mngmt Ltd Company. Gateway Advisers Limited Liability stated it has 0.08% of its capital in Lam Research Corporation (NASDAQ:LRCX). Badgley Phelps & Bell reported 55,996 shs stake. Sigma Planning has invested 0.05% in Lam Research Corporation (NASDAQ:LRCX). Tiverton Asset Mngmt has invested 0.04% in Lam Research Corporation (NASDAQ:LRCX). Macroview Investment Mgmt Ltd Liability Corporation reported 7 shs. Calamos Advsr Ltd Liability Corp holds 0.33% in Lam Research Corporation (NASDAQ:LRCX) or 247,415 shs. Baldwin Mgmt Limited Co, a Pennsylvania-based fund reported 8,850 shs. Savings Bank Of Nova Scotia has invested 0.02% in Lam Research Corporation (NASDAQ:LRCX). Campbell Adviser Limited Liability Co holds 0.21% or 1,202 shs in its capital. Pitcairn Co accumulated 12,168 shs. 59 are owned by Ftb Advsr Incorporated. Walleye Trading Limited Liability Corporation holds 0.01% or 7,455 shs. Dixon Hubard Feinour And Brown Va holds 0.06% of its capital in Lam Research Corporation (NASDAQ:LRCX) for 1,080 shs. Miracle Mile Advsr Limited Liability Corp holds 1,025 shs or 0.02% of its capital.

Lam Research Corporation had 12 insider sales and 0 insider purchases since January 23, 2018. This’s net activity of $28.53 million. LORD PATRICK J also sold $987,770 worth of Lam Research Corporation (NASDAQ:LRCX) shs. O’Dowd Sarah A had sold 1,835 shs worth $390,194. On Wednesday, March 7 a trade for 16,866 shs valued at $3.54 million was made by Gottscho Richard A. Anstice Martin B also sold $2.52M worth of Lam Research Corporation (NASDAQ:LRCX) shs. Shares for $5.47 million were sold by Varadarajan Seshasayee on Tuesday, January 23.

UBS Upped Lam Research (NASDAQ:LRCX)’s Rating to Buy.

The shares rating of Lam Research (NASDAQ:LRCX) was upped to Buy from Neutral by research professionals at UBS. On 26 June the raise was made public in a note.

Lam Research Corporation (NASDAQ:LRCX) Ratings Coverage

In total 19 analysts cover Lam Research (NASDAQ:LRCX). “Buy” rating has 18, “Sell” are 0, while 1 are “Hold”. 95% are bullish. 29 are the (NASDAQ:LRCX)’s analyst reports since January 16, 2018 according to StockzIntelligence Inc. In Wednesday, January 24 report KeyBanc Capital Markets maintained it with “Buy” rating and $261.0 target. On Tuesday, May 15 the stock of Lam Research Corporation (NASDAQ:LRCX) earned “Buy” rating by Cowen & Co. On Wednesday, March 7 the firm has “Overweight” rating by KeyBanc Capital Markets given. On Thursday, January 25 the firm has “Overweight” rating given by Morgan Stanley. In Wednesday, April 18 report FBR Capital maintained the stock with “Buy” rating. In Friday, May 18 report Mizuho maintained it with “Buy” rating and $25000 target. On Thursday, January 25 the firm earned “Overweight” rating by JP Morgan. On Wednesday, April 18 the company was maintained by KeyBanc Capital Markets. On Wednesday, April 18 the stock of Lam Research Corporation (NASDAQ:LRCX) earned “Buy” rating by B. Riley & Co. On Tuesday, January 16 the firm earned “Positive” rating by Susquehanna.

Ticker’s shares touched $173.025 during the last trading session after 0.52% change.Lam Research Corporation has volume of 780,062 shares. Since June 27, 2017 LRCX has risen 31.27% and is uptrending. LRCX outperformed the S&P500 by 18.70%.

On July, 25. Investors wait Lam Research Corporation (NASDAQ:LRCX) to report its quarterly earnings, according to Faxor. Analysts predict $5.00 earnings per share, which is $1.89 up or 60.77 % from 2017’s $3.11 earnings per share. If LRCX’s EPS is $5.00 the profit will reach $820.23 million for 8.65 P/E. Analysts at Wall Street see Lam Research Corporation’s 4.38 % EPS growth compared to $4.79 earnings per share for previous quarter.

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits worldwide.The firm is worth $28.38 billion. 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.16.82 is the P/E ratio. 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.

For more Lam Research Corporation (NASDAQ:LRCX) news released recently go to: Seekingalpha.com, Nasdaq.com, 247Wallst.com, Nasdaq.com or Investorplace.com. The titles are as follows: “Lam Research Is A Huge Buy” released on June 13, 2018, “Consolidated Research: 2018 Summary Expectations for Antero Midstream Partners LP, Lam Research, TransUnion …” on June 18, 2018, “Why Nvidia Still Trumps AMD, Intel and Other Chip Names at Current Prices” with a publish date: June 26, 2018, “This Small-Cap Semiconductor Stock Now Offers a Solid Dividend” and the last “5 All-Star Dividend Stocks for Any Portfolio” with publication date: June 26, 2018.

Lam Research Corporation (NASDAQ:LRCX) Institutional Investors Chart

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