Shares in Lam Research Co. (LRCX) Purchased by Catalyst Capital Advisors LLC

Angelo Anderson
February 24, 2018

OLP's profit would be $10.45 million giving it 10.15 P/E if the $0.55 EPS is correct. ServisFirst Bancshares had 12 analyst reports since August 25, 2015 according to SRatingsIntel. (NASDAQ LRCX) traded down $4.21 during midday trading on Thursday, reaching $189.23. About 347,139 shares traded.

Lam Research Corporation is a supplier of wafer fabrication equipment and services to the semiconductor industry. It has underperformed by 21.16% the S&P500.

Fukoku Mutual Life Insurance Company increased Lam Research Corp (LRCX) stake by 103.57% reported in 2017Q3 SEC filing. Leuthold Group Llc sold 2,502 shares as Lam Research Corp. Lam Research Corp. now has $30.81B valuation.

The stock decreased 3.52% or $0.05 during the last trading session, reaching $1.37. Lam Research Corporation (NASDAQ:LRCX) has risen 107.86% since February 22, 2017 and is uptrending. It has outperformed by 91.16% the S&P500.

Investors sentiment increased to 1.02 in Q3 2017. Its up 0.29, from 1.08 in 2017Q2. It increased, as 51 investors sold LRCX shares while 238 reduced holdings. 17 funds opened positions while 28 raised stakes. The semiconductor company reported $4.34 EPS for the quarter, beating the consensus estimate of $3.68 by $0.66. Tributary Cap Mgmt Ltd Llc owns 0.17% invested in Lam Research Corporation (NASDAQ:LRCX) for 10,800 shares. ICAP restated a "buy" rating and set a $240.00 price objective on shares of Lam Research in a research report on Thursday, January 25th. That activity is comparable to their recent volume average trend of almost 3.63 million shares which they recorded over a period of three months. Zurcher Kantonalbank (Zurich Cantonalbank) owns 92,016 shares or 0.16% of their United States portfolio. As for the shares, it has gone below the 20 days moving average and is now hovering within a distance of -2.05%. First Fincl Corp In invested in 130 shares or 0.02% of the stock. 3,485 were reported by Davis Selected Advisers. Finally, KeyCorp reiterated a "buy" rating and set a $225.00 price target on shares of Lam Research in a report on Sunday, November 19th. Lpl Fin Lc holds 21,050 shares or 0% of its portfolio. Chicago Equity Limited Liability has invested 0.1% in Lam Research Corporation (NASDAQ:LRCX). Of all stocks tracked, Lam Research had the 0th highest net out-flow for the day.


According to 24 stock analysts, Antero Resources Corporation, is being kept at an average Outperform, rating, with at least 9.24% of shares outstanding that are now legally short sold. During the same quarter in the previous year, the firm earned $2.24 earnings per share. After $0.27 actual earnings per share reported by General Electric Company for the previous quarter, Wall Street now forecasts -55.56% negative EPS growth.

Among 25 analysts covering Lam Research Corporation (NASDAQ:LRCX), 24 have Buy rating, 0 Sell and 1 Hold. Therefore 40% are positive. Cowen & Co maintained Lam Research Corporation (NASDAQ:LRCX) on Wednesday, October 21 with "Outperform" rating. On Thursday, April 6 the stock rating was initiated by Argus Research with "Buy". The rating was maintained by Morgan Stanley on Wednesday, October 18 with "Overweight". The stock of Sanofi (NYSE:SNY) has "Neutral" rating given on Friday, September 23 by Piper Jaffray. Nomura upgraded Lam Research from a "neutral" rating to a "buy" rating and lifted their price target for the company from $103.01 to $215.00 in a report on Thursday, December 7th. RBC Capital Markets maintained Lam Research Corporation (NASDAQ:LRCX) rating on Wednesday, November 15. Credit Suisse maintained Chevron Corporation (NYSE:CVX) on Wednesday, August 23 with "Buy" rating. Zacks Investment Research upgraded Lam Research from a "hold" rating to a "buy" rating and set a $234.00 price target on the stock in a research note on Tuesday, January 23rd. Pacific Crest has "Overweight" rating and $163 target.

Since February 15, 2018, it had 0 insider purchases, and 1 insider sale for $428,828 activity. NEWBERRY STEPHEN G had sold 750 shares worth $138,750 on Friday, September 29.

In related news, insider Seshasayee Varadarajan sold 25,453 shares of Lam Research stock in a transaction on Tuesday, January 23rd. It also reduced its holding in Rosetta Stone Inc (NYSE:RST) by 152,892 shares in the quarter, leaving it with 78,908 shares, and cut its stake in Hanesbrands Inc (NYSE:HBI). Fortis Inc. (FRTSF) was raised too. The insider ARCHER TIMOTHY sold 8,691 shares worth $1.49M. The shares were sold at an average price of $215.00, for a total transaction of $5,472,395.00. Petroleum & Resources Corp who had been investing in Chevron Corp. for a number of months, seems to be less bullish one the $208.18B market cap company. Signature Estate & Investment Advisors LLC now owns 3,986 shares of the semiconductor company's stock valued at $738,000 after acquiring an additional 527 shares during the period. The price/earnings ratio (P/E) is 66.09 and the forward P/E ratio stands at 12.03. Moreover, Schwab Charles Investment has 0% invested in 1-800-FLOWERS.COM, Inc. Its up 0.17, from 1.59 in 2017Q2. It also reduced Analog Devices Inc (NASDAQ:ADI) stake by 5,200 shares and now owns 1,700 shares. 118 funds opened positions while 525 raised stakes. "(LRCX) Purchased by Catalyst Capital Advisors LLC" was originally reported by The Lincolnian Online and is owned by of The Lincolnian Online. North Star accumulated 0.28% or 226,375 shares. (NYSE:OLP) for 69,725 shares. "(LRCX) Acquired by TCW Group Inc." was posted by registrarjournal.com and is the property of of registrarjournal.com. Utd Asset Strategies Incorporated invested in 0.24% or 2,284 shares. Chevy Chase Trust Inc holds 143,807 shares. 17,204 were reported by Verition Fund Management Ltd Com. (NYSE:OLP) for 497,900 shares. California Public Employees Retirement Sys accumulated 0.11% or 412,171 shares. Cypress Management Ltd Company (Wy) has invested 0.01% in Lam Research Corporation (NASDAQ:LRCX). First Manhattan Company reported 0.03% stake. Laffer Invs invested in 15,840 shares or 0.77% of the stock. (NYSE:OLP) for 207,106 shares. Css Limited Liability Company Il holds 0.21% or 22,708 shares. Voya Invest Mngmt Ltd Llc holds 413,802 shares. Manchester Cap Limited Co holds 1,459 shares or 0.04% of its portfolio.

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