Holder Peapack Gladstone Financial Has Increased Keycorp (KEY) Holding; As Lam Research (LRCX) Stock Price Rose, Central Asset Investments & Management Holdings Hk LTD Boosted Position by $1.57 Million

February 17, 2018 - By Linda Rogers

Central Asset Investments & Management Holdings Hk Ltd increased its stake in Lam Research Corp (LRCX) by 300.28% based on its latest 2017Q3 regulatory filing with the SEC. Central Asset Investments & Management Holdings Hk Ltd bought 8,507 shares as the company’s stock rose 32.64% with the market. The institutional investor held 11,340 shares of the industrial machinery and components company at the end of 2017Q3, valued at $2.10 million, up from 2,833 at the end of the previous reported quarter. Central Asset Investments & Management Holdings Hk Ltd who had been investing in Lam Research Corp for a number of months, seems to be bullish on the $30.62B market cap company. The stock increased 1.18% or $2.2 during the last trading session, reaching $187.91. About 4.34M shares traded or 21.22% up from the average. Lam Research Corporation (NASDAQ:LRCX) has risen 107.86% since February 17, 2017 and is uptrending. It has outperformed by 91.16% the S&P500.

Peapack Gladstone Financial Corp increased its stake in Keycorp (KEY) by 34.65% based on its latest 2017Q3 regulatory filing with the SEC. Peapack Gladstone Financial Corp bought 33,256 shares as the company’s stock declined 6.49% while stock markets rallied. The institutional investor held 129,239 shares of the major banks company at the end of 2017Q3, valued at $2.43 billion, up from 95,983 at the end of the previous reported quarter. Peapack Gladstone Financial Corp who had been investing in Keycorp for a number of months, seems to be bullish on the $22.47B market cap company. The stock increased 0.33% or $0.07 during the last trading session, reaching $21.02. About 6.81M shares traded. KeyCorp (NYSE:KEY) has risen 43.10% since February 17, 2017 and is uptrending. It has outperformed by 26.40% the S&P500.

Investors sentiment increased to 1.02 in Q3 2017. Its up 0.04, from 0.98 in 2017Q2. It increased, as 51 investors sold LRCX shares while 238 reduced holdings. 87 funds opened positions while 207 raised stakes. 146.35 million shares or 1.92% less from 149.22 million shares in 2017Q2 were reported. Usa Financial Portformulas Corp has 23,570 shares for 1.04% of their portfolio. Uss Mgmt holds 0.61% or 429,325 shares in its portfolio. Stephens Ar invested 0.01% of its portfolio in Lam Research Corporation (NASDAQ:LRCX). 2,161 were accumulated by Bancorpsouth Incorporated. Virtus Invest Advisers Inc holds 18,568 shares or 0.36% of its portfolio. Public Employees Retirement Sys Of Ohio, a Ohio-based fund reported 79,456 shares. Metropolitan Life Ins New York owns 83,939 shares for 0.1% of their portfolio. Lpl Fincl Limited Liability Co invested in 0.01% or 22,928 shares. 158,858 are held by Canada Pension Plan Invest Board. Amp Cap Limited reported 0.18% in Lam Research Corporation (NASDAQ:LRCX). Wolverine Asset Ltd Liability Company holds 0% of its portfolio in Lam Research Corporation (NASDAQ:LRCX) for 715 shares. Mitsubishi Ufj & Bk Corporation reported 352,883 shares. Pitcairn Com holds 0.19% of its portfolio in Lam Research Corporation (NASDAQ:LRCX) for 9,179 shares. Private Advisor Gp Lc accumulated 0.05% or 10,411 shares. Renaissance Technologies Ltd Com owns 680,456 shares or 0.15% of their US portfolio.

Among 25 analysts covering Lam Research Corporation (NASDAQ:LRCX), 24 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. Lam Research Corporation had 79 analyst reports since September 17, 2015 according to SRatingsIntel. The rating was maintained by KeyBanc Capital Markets on Wednesday, January 24 with “Buy”. UBS maintained the shares of LRCX in report on Monday, June 5 with “Buy” rating. On Thursday, December 7 the stock rating was upgraded by Instinet to “Buy”. Needham maintained Lam Research Corporation (NASDAQ:LRCX) on Thursday, July 27 with “Buy” rating. The stock of Lam Research Corporation (NASDAQ:LRCX) earned “Buy” rating by Needham on Friday, September 1. JP Morgan maintained Lam Research Corporation (NASDAQ:LRCX) on Thursday, January 25 with “Overweight” rating. The firm has “Outperform” rating by Cowen & Co given on Thursday, January 26. The firm has “Buy” rating by Needham given on Friday, October 9. B. Riley & Co maintained Lam Research Corporation (NASDAQ:LRCX) on Thursday, July 27 with “Buy” rating. The rating was upgraded by Credit Agricole on Friday, September 25 to “Buy”.

Central Asset Investments & Management Holdings Hk Ltd, which manages about $145.42 million US Long portfolio, decreased its stake in Alibaba Group Hldg Ltd (NYSE:BABA) by 14,750 shares to 60,516 shares, valued at $10.45M in 2017Q3, according to the filing. It also reduced its holding in Western Digital Corp (NASDAQ:WDC) by 84,100 shares in the quarter, leaving it with 141,840 shares, and cut its stake in China Mobile Limited (NYSE:CHL).

Since September 11, 2017, it had 0 insider purchases, and 11 insider sales for $12.77 million activity. $146,318 worth of Lam Research Corporation (NASDAQ:LRCX) was sold by NEWBERRY STEPHEN G. Shares for $5.47M were sold by Varadarajan Seshasayee on Tuesday, January 23.

Peapack Gladstone Financial Corp, which manages about $1742.91 billion US Long portfolio, decreased its stake in Ishares Dj Select Dividend Etf (DVY) by 363 shares to 20,517 shares, valued at $1.92 billion in 2017Q3, according to the filing. It also reduced its holding in Ishares Russell 2000 Value Etf (IWN) by 1,075 shares in the quarter, leaving it with 2,003 shares, and cut its stake in Harris Corp Del (NYSE:HRS).

Among 34 analysts covering Keycorp (NYSE:KEY), 21 have Buy rating, 2 Sell and 11 Hold. Therefore 62% are positive. Keycorp had 108 analyst reports since July 20, 2015 according to SRatingsIntel. The stock of KeyCorp (NYSE:KEY) has “Buy” rating given on Thursday, October 19 by RBC Capital Markets. The rating was downgraded by Piperjaffray to “Neutral” on Monday, August 29. The stock has “Buy” rating by FBR Capital on Thursday, July 20. RBC Capital Markets maintained the shares of KEY in report on Thursday, September 7 with “Buy” rating. FBR Capital maintained KeyCorp (NYSE:KEY) on Friday, April 21 with “Outperform” rating. Wells Fargo maintained KeyCorp (NYSE:KEY) on Thursday, August 10 with “Market Perform” rating. The firm has “Buy” rating by Goldman Sachs given on Monday, January 11. Rafferty upgraded KeyCorp (NYSE:KEY) on Tuesday, October 25 to “Buy” rating. The rating was downgraded by Citigroup to “Neutral” on Tuesday, November 8. Wedbush initiated the stock with “Outperform” rating in Friday, October 7 report.

Since October 24, 2017, it had 1 buying transaction, and 3 selling transactions for $1.16 million activity. Buffie Craig A had sold 11,819 shares worth $250,639. Midkiff Mark W bought $9,998 worth of stock. $869,610 worth of KeyCorp (NYSE:KEY) shares were sold by Paine Andrew J III.

Investors sentiment decreased to 1.1 in 2017 Q3. Its down 0.08, from 1.18 in 2017Q2. It worsened, as 46 investors sold KEY shares while 196 reduced holdings. 67 funds opened positions while 200 raised stakes. 841.58 million shares or 1.81% less from 857.12 million shares in 2017Q2 were reported. Ledyard Savings Bank holds 0.73% or 290,729 shares. Highland Limited Liability holds 591,139 shares. Flippin Bruce And Porter Inc reported 448,897 shares. Dimensional Fund Lp has 0.06% invested in KeyCorp (NYSE:KEY) for 7.89 million shares. First Manhattan Communication holds 15,410 shares. Cutter And Brokerage owns 12,665 shares. 31,513 were accumulated by Old Mutual Customised Solutions (Proprietary). Willingdon Wealth has 63,002 shares for 0.43% of their portfolio. Pax Ww Mngmt Lc holds 0.15% of its portfolio in KeyCorp (NYSE:KEY) for 143,984 shares. 11,809 are held by Colony Gp Limited Liability Company. Apg Asset Mgmt Nv has 5.45 million shares. Ubs Asset Management Americas holds 0.08% of its portfolio in KeyCorp (NYSE:KEY) for 4.64M shares. Hartford Invest has 0.09% invested in KeyCorp (NYSE:KEY) for 242,106 shares. Price T Rowe Associates Md holds 0.14% in KeyCorp (NYSE:KEY) or 42.82 million shares. 95,740 are owned by Creative Planning.

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