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

June 27, 2018 - By Joseph Taylor

Lam Research Corporation (NASDAQ:LRCX) Corporate Logo

Big Money Sentiment increased to 1.1 in 2018 Q1. 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 holdings and 223 increased holdings. Investors holded 140.89 million in 2017Q4 but now own 138.23 million shares or 1.88% less.

150,872 are owned by Putnam Invests Limited Liability Company. Griffin Asset invested in 0.06% or 1,550 shs. Daiwa Secs Grp Incorporated holds 0.07% in Lam Research Corporation (NASDAQ:LRCX) or 40,800 shs. State Board Of Administration Of Florida Retirement accumulated 209,656 shs or 0.12% of the stock. Smithfield reported 2,246 shs. Advisor Prns Llc holds 3,945 shs or 0.15% of its capital. Oak Assocs Oh has 0.13% invested in Lam Research Corporation (NASDAQ:LRCX). Nomura Hldgs reported 90,854 shs or 0.02% of all its holdings. 328,913 are held by Great West Life Assurance Can. Jana Prtn Ltd Com stated it has 2.1% in Lam Research Corporation (NASDAQ:LRCX). Btc Cap Mngmt invested in 17,182 shs. Marietta Inv Prtn Limited Liability Co holds 3.69% of its capital in Lam Research Corporation (NASDAQ:LRCX) for 60,579 shs. St Johns Investment Limited Liability Company has invested 0.01% in Lam Research Corporation (NASDAQ:LRCX). Cap Glob Investors reported 0.15% stake. 1,225 were reported by Trillium Asset Lc.

Lam Research Corporation registered $28.53 million net activity with 0 insider buys and 12 insider sales since January 23, 2018. O’Dowd Sarah A also sold $2.24M worth of Lam Research Corporation (NASDAQ:LRCX) on Thursday, March 22. Anstice Martin B had sold 25,122 shs worth $5.12 million. On Tuesday, January 23 $5.47M worth of Lam Research Corporation (NASDAQ:LRCX) was sold by Varadarajan Seshasayee. The insider LORD PATRICK J sold 4,656 shs worth $987,770. Gottscho Richard A sold $3.54M worth of Lam Research Corporation (NASDAQ:LRCX) on Wednesday, March 7.

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

The shares rating of Lam Research (NASDAQ:LRCX) was boosted to “Buy” from “Neutral” by professional analysts at UBS. On Tuesday morning the boost was issued 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”. (NASDAQ:LRCX) has 95% bullish analysts. 29 are the (NASDAQ:LRCX)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Thursday, January 25 the firm earned “Overweight” rating by JP Morgan. On Wednesday, April 18 the firm has “Outperform” rating given by Credit Suisse. On Wednesday, January 24 the firm has “Buy” rating by KeyBanc Capital Markets given. On Sunday, June 10 the stock of Lam Research Corporation (NASDAQ:LRCX) has “Buy” rating given by Bank of America. On Friday, May 18 Mizuho maintained Lam Research Corporation (NASDAQ:LRCX) with “Buy” rating. On Tuesday, January 16 the stock has “Positive” rating by Susquehanna. On Tuesday, May 15 the company was initiated by Cowen & Co. The company rating was maintained by Needham on Thursday, January 25. The stock rating was maintained by Susquehanna with “Buy” on Tuesday, March 6. In Wednesday, March 7 report KeyBanc Capital Markets maintained the stock with “Overweight” rating.

Ticker’s shares touched $173.025 during the last trading session after 0.52% change.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&P 500 by 18.70%.

Lam Research Corporation (NASDAQ:LRCX)’s quarterly earnings will be revealed on July, 25., according to Faxor. Last year’s EPS was $3.11, while now analysts expect change of 60.77 % up from current $5.00 EPS. If $5.00 is reported, LRCX’s profit will be $820.23M for 8.65 P/E. Wall Street predicts 4.38 % EPS growth as of July, 25.

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits worldwide.The firm is valued at $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 brought out recently go to: 247Wallst.com, Seekingalpha.com, Nasdaq.com, Investorplace.com or 247Wallst.com. The titles are as follows: “Top Analyst Upgrades and Downgrades: AMC Networks, Kinder Morgan, Lam Research, MGM Resorts, Spotify and More” brought out on June 26, 2018, “Lam Research Is A Huge Buy” on June 13, 2018, “This Small-Cap Semiconductor Stock Now Offers a Solid Dividend” with a publish date: June 27, 2018, “Lam Research Corporation Stock Is Falling, But It’s a Knife I Can Confidently Catch!” and the last “Why Nvidia Still Trumps AMD, Intel and Other Chip Names at Current Prices” with publication date: June 26, 2018.

Lam Research Corporation (NASDAQ:LRCX) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.