UBS Upgraded Lam Research (NASDAQ:LRCX)’s Rating On Jun 27, 2018.

June 27, 2018 - By Susanne Funderburg

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 acquired positions and 223 increased positions. Investors holded 140.89 million in 2017Q4 but now own 138.23 million shares or 1.88% less.

Creative Planning reported 21,646 shs. Hermes Inv Limited holds 301,611 shs or 0.89% of its capital. 12,638 are owned by Navellier And Associate. Profund Advsr Limited Liability Co holds 50,573 shs or 0.41% of its capital. Bailard Inc has 0.31% invested in Lam Research Corporation (NASDAQ:LRCX) for 23,540 shs. Vident Invest Advisory Ltd Liability reported 0.14% stake. Kentucky Retirement owns 8,504 shs. Zeke Advisors Ltd Llc holds 2,933 shs. Wolverine Asset Management Ltd Liability Company has invested 0.13% in Lam Research Corporation (NASDAQ:LRCX). Investec Asset Limited holds 675,335 shs. Hartford Invest Management holds 0.13% or 32,034 shs. Catalyst Capital Advisors Limited Liability Company has invested 0.02% in Lam Research Corporation (NASDAQ:LRCX). Pinebridge Invs L P owns 6,471 shs. Mirae Asset Glob Invs holds 0.05% of its capital in Lam Research Corporation (NASDAQ:LRCX) for 17,520 shs. Altfest L J Inc holds 4,660 shs.

Lam Research Corporation had 12 selling transactions and 0 insider purchases since January 23, 2018. This’s net activity of $28.53 million. Shares for $950,000 were sold by ARCHER TIMOTHY on Tuesday, May 1. On Thursday, March 8 $390,194 worth of Lam Research Corporation (NASDAQ:LRCX) was sold by O’Dowd Sarah A. On Tuesday, January 23 Varadarajan Seshasayee sold $5.47M worth of Lam Research Corporation (NASDAQ:LRCX). LORD PATRICK J had sold 4,656 shs worth $987,770. Another trade for 16,866 shs valued at $3.54 million was sold by Gottscho Richard A.

UBS Upgraded Lam Research (NASDAQ:LRCX)’s Rating to “Buy”.

On Tuesday, 26 June equity research analysts at UBS boosted Lam Research (NASDAQ:LRCX)‘s shares rating to “Buy” from “Neutral”. LRCX’s rating change was made public in analysts note.

Lam Research Corporation (NASDAQ:LRCX) Ratings Coverage

Total analysts of 19 have positions in Lam Research (NASDAQ:LRCX) as follows: 18 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 95%. Since January 16, 2018 according to StockzIntelligence Inc Lam Research has 29 analyst reports. On Thursday, January 25 the stock has “Buy” rating by Deutsche Bank. On Tuesday, January 16 Susquehanna upgraded the shares of LRCX in report to “Positive” rating. On Thursday, January 25 the firm earned “Buy” rating by Berenberg. In Thursday, January 25 report Susquehanna maintained the stock with “Buy” rating. On Wednesday, April 18 the rating was maintained by Credit Suisse with “Outperform”. On Wednesday, April 18 the firm earned “Buy” rating by FBR Capital. On Tuesday, March 6 Susquehanna maintained the shares of LRCX in report with “Buy” rating. On Wednesday, April 18 KeyBanc Capital Markets maintained Lam Research Corporation (NASDAQ:LRCX) with “Overweight” rating. On Monday, May 14 the rating was upgraded by Citigroup to “Buy”. On Wednesday, April 18 the stock has “Buy” rating by Stifel Nicolaus.

LRCX is hitting $173.025 during the last trading session, after decreased 0.52%.Currently Lam Research Corporation is uptrending after 31.27% change in last June 27, 2017. LRCX has also 780,062 shares volume. LRCX outperformed the S&P500 by 18.70%.

On July, 25 Lam Research Corporation (NASDAQ:LRCX)’s earnings release is awaited by WallStreet, RTT reports. This year’s EPS analyst estimate is awaited to be $5.00. That is 60.77 % up compareed to $3.11 EPS for last year. In case of $5.00 EPS LRCX’s profit could hit $820.23 million. After $4.79 EPS report last quarter, Wall Street now forecasts 4.38 % EPS growth of Lam Research Corporation.

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 announced recently go to: 247Wallst.com, 247Wallst.com, Seekingalpha.com, Investorplace.com or Investorplace.com. The titles are as follows: “Why Nvidia Still Trumps AMD, Intel and Other Chip Names at Current Prices” announced on June 26, 2018, “Top Analyst Upgrades and Downgrades: AMC Networks, Kinder Morgan, Lam Research, MGM Resorts, Spotify and More” on June 26, 2018, “Lam Research Is A Huge Buy” with a publish date: June 13, 2018, “Lam Research Corporation Stock Is Falling, But It’s a Knife I Can Confidently Catch!” 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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