Acquires 20588 Shares of Lam Research Corporation (LRCX)

Lloyd Doyle
November 14, 2017

Altalis Capital Management Llc acquired 15,554 shares as Kraton Corporation (KRA)'s stock rose 27.98%. The institutional investor held 128,787 shares of the integrated oil company at the end of 2017Q2, valued at $5.65 million, down from 136,464 at the end of the previous reported quarter. Insiders sold 40,419 shares of company stock worth $7,167,497 over the last ninety days.

The stock increased 0.15% or $0.03 on November 10, reaching $19.5. 8,942 shares were sold by ARCHER TIMOTHY, worth $1.39 million on Monday, June 12. It has underperformed by 23.01% the S&P500.

State Board of Administration of Florida Retirement System grew its position in Lam Research Corporation (NASDAQ:LRCX) by 1.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. Delphi Management Inc sold 4,547 shares as Lam Research Corp (LRCX)'s stock rose 32.64%. J.P. Marvel Investment Advisors LLC now owns 22,310 shares of the company's stock valued at $2,113,000 after buying an additional 9,590 shares during the period. The stock declined 0.59% or $1.22 reaching $206.17 per share. About 22,987 shares traded.

Lam Research Corporation (NASDAQ LRCX) opened at $209.23 on Tuesday.

Among 22 analysts covering Hess Corp. Five analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company's stock. Therefore 41% are positive. Lam Research Corporation has a twelve month low of $97.51 and a twelve month high of $211.41. On Tuesday, June 13 the stock rating was maintained by UBS with "Buy". The company was maintained on Thursday, July 27 by RBC Capital Markets. The rating was maintained by Cowen & Co on Thursday, January 26 with "Outperform". UBS maintained PBF Logistics LP (NYSE:PBFX) on Tuesday, October 17 with "Buy" rating. Morgan Stanley maintained the shares of LRCX in report on Wednesday, October 18 with "Overweight" rating. The rating was maintained by RBC Capital Markets on Monday, June 5 with "Buy".

More notable recent Hess Corp. The firm has "Sell" rating given on Wednesday, October 25 by UBS. (NYSE:HES) were released by: Bloomberg.com and their article: "Hess Is Building a War Chest to Fund Its $4.4 Billion Guyana Find" published on October 24, 2017 as well as Democratandchronicle.com's news article titled: "Hess trucks available in Rochester, a city without Hess gas stations" with publication date: November 02, 2017.


Investec Asset Management North America Inc, which manages about $2.91B and $545.37M US Long portfolio, upped its stake in Alibaba Group Holding Ltd (NYSE:BABA) by 29,435 shares to 336,726 shares, valued at $47.45M in 2017Q2, according to the filing. It also increased its holding in Prudential Financial Inc (NYSE:PRU) by 16,132 shares in the quarter, for a total of 96,662 shares, and has risen its stake in Unitedhealth Group Inc (NYSE:UNH). Its down 0.14, from 1.12 in 2017Q1. It dived, as 60 investors sold HES shares while 154 reduced holdings. 5 funds opened positions while 11 raised stakes. 250.30 million shares or 1.79% more from 245.89 million shares in 2017Q1 were reported. Shine Invest Advisory Services owns 158 shares. Chicago Equity Ptnrs Ltd Liability Co owns 30,060 shares for 0.11% of their portfolio. Renaissance Ltd Liability has 0% invested in Kraton Corp (NYSE:KRA). (NYSE:HES). Hermes Limited reported 1.10M shares stake. 3,358 were reported by Synovus Corp. (NYSE:HES). 26 were reported by Wealthtrust. Susquehanna Intl Limited Liability Partnership stated it has 0% in Kraton Corp (NYSE:KRA). Thompson Davis And holds 0.01% or 38 shares in its portfolio. Washington Mngmt Incorporated holds 0.56% or 3,500 shares in its portfolio. Agf Investments reported 25,636 shares. Finally, JPMorgan Chase & Co. reissued a buy rating on shares of Lam Research Corp.in a research report on Thursday, October 6th.

Since May 18, 2017, it had 0 insider buys, and 3 selling transactions for $4.83 million activity.

Lam Research Corporation (NASDAQ:LRCX) last released its quarterly earnings data on Tuesday, October 17th. NEWBERRY STEPHEN G sold 20,047 shares worth $3.01 million.

Investors sentiment decreased to 0.98 in 2017 Q2. Its down 0.14, from 1.12 in 2017Q1. It worsened, as 43 investors sold LRCX shares while 255 reduced holdings. Scout Investments Inc. raised its position in shares of Lam Research Corp.by 17.1% in the third quarter. Argus boosted their target price on shares of Lam Research Corporation from $196.00 to $225.00 and gave the company a "buy" rating in a report on Thursday, October 19th. Hall Laurie J Trustee accumulated 340 shares. Bancshares Of America De stated it has 142,170 shares. Berenberg Bank reiterated a "buy" rating on shares of Lam Research Corporation in a research report on Sunday, July 30th. Koshinski Asset Mgmt has invested 0% in Lam Research Corporation (NASDAQ:LRCX).

ILLEGAL ACTIVITY WARNING: "Lam Research Corporation (NASDAQ:LRCX) Stake Lessened by Wedge Capital Management L L P NC" was originally posted by TrueBlueTribune and is owned by of TrueBlueTribune. Usa Financial Portformulas Corp owns 1.65% invested in Lam Research Corporation (NASDAQ:LRCX) for 48,323 shares.

Lam Research Corp. had a return on equity of 18.43% and a net margin of 15.02%. Ameritas Prns invested in 2,418 shares or 0% of the stock. X Limited Liability Corp has invested 0.01% in Lam Research Corporation (NASDAQ:LRCX). (NASDAQ:LRCX) traded up 0.65% on Monday, hitting $107.69. Principal Finance accumulated 509,708 shares or 0.07% of the stock. Royal National Bank & Trust Of Canada owns 15,039 shares or 0% of their U.S. portfolio. Gideon Advsr holds 0.39% or 2,510 shares.

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