Economy

Lam Research Corporation (LRCX) Price Target Raised to $213.00

Shares for $3.01 million were sold by NEWBERRY STEPHEN G on Thursday, May 18. LLC now owns 2,755 shares of the semiconductor company's stock valued at $354,000 after acquiring an additional 676 shares in the last quarter. Equifax Inc now has $13.24B valuation. The stock increased 0.10% or $0.12 on October 20, reaching $122.15. Shares for $1.39 million were sold by ARCHER TIMOTHY. Monsanto Company (NYSE:MON) has risen 15.46% since October 21, 2016 and is uptrending. It has outperformed by 27.73% the S&P500.

Private Advisor Group Llc decreased Lam Research Corp (LRCX) stake by 39.53% reported in 2017Q2 SEC filing. Grisanti Capital Management Llc acquired 62,075 shares as Mylan N V (MYL)'s stock declined 9.77%. The Vigilant Capital Management Llc holds 100,392 shares with $14.20 million value, down from 103,425 last quarter. Municipal Employees Retirement System of MI increased its position in shares of Lam Research Corporation by 2.9% during the first quarter. The stock increased 2.17% or $4.36 on October 20, reaching $205.34. The semiconductor company reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.27 by $0.19.

Lam Research Corporation (NASDAQ:LRCX) last released its earnings results on Wednesday, October 19th. It has outperformed by 91.16% the S&P500.

Investors sentiment decreased to 0.98 in Q2 2017. This represents a $1.80 annualized dividend and a yield of 0.88%. Wealthcare Capital Mgmt Ltd Liability Com owns 10 shares for 0% of their portfolio. Winslow Evans & Crocker reported 0% stake. Growth Management Lp stated it has 362,000 shares. (NYSE:TYG) for 17,863 shares. About 158,485 shares traded or 9.12% up from the average. Bridges Invest Inc invested in 9,472 shares. Petrus Lta reported 0.09% stake. Mitsubishi UFJ Securities Holdings Co. Jacobson And Schmitt Ltd Liability Co reported 0.34% of its portfolio in Tesla Inc (NASDAQ:TSLA). 308.94 million shares or 3.25% less from 319.32 million shares in 2017Q1 were reported. Sprott holds 25,500 shares or 0.13% of its portfolio. The firm has "Neutral" rating given on Thursday, August 11 by Nomura. Therefore 57% are positive. Equifax Inc had 46 analyst reports since July 24, 2015 according to SRatingsIntel. The firm earned "Buy" rating on Monday, June 5 by RBC Capital Markets. The company has a market capitalization of $33.36 billion, a PE ratio of 22.22 and a beta of 1.53.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 4th. The firm has "Outperform" rating by Wells Fargo given on Friday, September 22. The rating was maintained by UBS with "Buy" on Thursday, October 8. On Wednesday, September 21 the stock rating was upgraded by JP Morgan to "Overweight".

Since May 18, 2017, it had 0 insider buys, and 3 sales for $4.83 million activity. The shares were sold at an average price of $181.76, for a total value of $2,106,598.40. On Monday, May 8 the insider DENHOLM ROBYN M sold $6.24 million. Monsanto Company had 59 analyst reports since August 25, 2015 according to SRatingsIntel. The value in dollars increased from $1,879,000 to $2,491,000 increasing 32.6% since the last quarter. During the same quarter in the prior year, the firm earned $1.82 earnings per share. The stock of Lam Research Corporation (NASDAQ:LRCX) has "Outperform" rating given on Monday, May 16 by Cowen & Co. Therefore 86% are positive.

Among 21 analysts covering Lam Research Corporation (NASDAQ:LRCX), 18 have Buy rating, 0 Sell and 3 Hold.

Among 7 analysts covering PayPoint PLC (LON:PAY), 4 have Buy rating, 1 Sell and 2 Hold. The rating was maintained by Susquehanna with "Neutral" on Monday, September 21. The firm has "Outperform" rating by Cowen & Co given on Monday, May 16.

October 18 investment analysts at B. Riley left the company rating at "Neutral" and raised the price target from $120.00 to $200.00. The company was maintained on Thursday, October 6 by Citigroup. As per Wednesday, October 12, the company rating was downgraded by Pacific Crest. More interesting news about Lam Research Corporation (NASDAQ:LRCX) was released by: Seekingalpha.com and their article: "Lam Research Can Run Higher" with publication date: September 26, 2017. The company was maintained on Thursday, April 21 by B. Riley & Co.

Grisanti Capital Management Llc increased Mylan N V (MYL) stake by 38.21% reported in 2017Q2 SEC filing. It also upped Carnival Corp (NYSE:CCL) stake by 5,105 shares and now owns 87,871 shares. Synovus Finl Corp (NYSE:SNV) was raised too. Investors of record on Wednesday, September 13th were issued a dividend of $0.45 per share. Its down 0.14, from 1.12 in 2017Q1. It turned negative, as 43 investors sold LRCX shares while 255 reduced holdings. Municipal Employees Retirement System of MI raised its stake in Lam Research Corporation by 2.9% during the 1st quarter. Needham & Company LLC reaffirmed a buy rating and set a $220.00 price target (up previously from $200.00) on shares of Lam Research Corporation in a research report on Friday, October 13th. Pacad Limited reported 36,369 shares. Clarkston Prns Llc holds 1.44% or 234,249 shares. San Francisco Sentry Gru (Ca) has 0.12% invested in Lam Research Corporation (NASDAQ:LRCX). Finally, Credit Suisse Group restated a "buy" rating and issued a $100.00 price objective on shares of Lam Research Corporation in a research report on Thursday, October 6th. Cypress Capital Mngmt owns 1,730 shares. Finally, Investec Asset Management North America Inc. raised its stake in Lam Research Corporation by 4.2% during the 1st quarter. Fiduciary Tru Comm owns 339,727 shares. Wright Investors Service Inc owns 3,645 shares or 0.19% of their USA portfolio. 43 are owned by Ledyard National Bank & Trust. Commonwealth Of Pennsylvania Pub School Empls Retrmt accumulated 11,984 shares or 0.03% of the stock. Beacon Grp invested in 3,622 shares.

Shares of Lam Research Corporation (NASDAQ LRCX) traded up 2.17% on Friday, hitting $205.34. Lam Research Corporation has a 52 week low of $63.10 and a 52 week high of $110.35.



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