As Huron Consulting Group (HURN) Valuation Declined, S&T Bank Raised Stake; Lam Research (LRCX) Share Value Rose While Rgm Capital Raised by $3.74 Million Its Position

June 16, 2018 - By mmahotstuff

Lam Research Corporation (NASDAQ:LRCX) Logo

Robert G. Moses increased its stake in Lam Research Corp (LRCX) by 4.31% based on its latest 2018Q1 regulatory filing with the SEC. Rgm Capital Llc bought 18,400 shares as the company’s stock rose 1.81% while stock markets declined. The hedge fund run by Robert G. Moses held 445,362 shares of the industrial machinery and components company at the end of 2018Q1, valued at $90.48 million, up from 426,962 at the end of the previous reported quarter. Rgm Capital Llc who had been investing in Lam Research Corp for a number of months, seems to be bullish on the $29.27 billion market cap company. The stock decreased 1.52% or $2.76 during the last trading session, reaching $178.41. About 3.39M shares traded. Lam Research Corporation (NASDAQ:LRCX) has risen 31.27% since June 16, 2017 and is uptrending. It has outperformed by 18.70% the S&P500. Some Historical LRCX News: 17/04/2018 – LAM RESEARCH CORP SEES FOR JUNE 2018 QTR, U.S. GAAP SHIPMENTS $3.000 BLN +/- $150 MLN; 17/04/2018 – The analysis identified several other names with similarly optimistic analyst expectations, including Caterpillar and three chipmakers: Advanced Micro Devices, Lam Research and Cypress Semiconductor; 17/04/2018 – LAM RESEARCH – DECEMBER 2017 RESULTS WERE NEGATIVELY IMPACTED BY A ONE-TIME PROVISIONAL CHARGE OF $757 MLN ASSOCIATED WITH RECENTLY ENACTED U.S. TAX REFORM; 17/04/2018 – LAM RESEARCH CORP LRCX.O QUARTERLY GAAP SHR $4.33; 17/04/2018 – Lam Research Sees 4Q EPS $4.77; 06/03/2018 – LAM RESEARCH CORP – ADDITIONAL $2 BLN SHARE REPURCHASE AUTHORIZATION FOR A TOTAL OF $4 BLN AUTHORIZED SINCE NOVEMBER 2017; 17/04/2018 – LAM RESEARCH CORP LRCX.O QUARTERLY REVENUE $2.89 BLN; 17/04/2018 – LAM RESEARCH CORP QTRLY SHIPMENTS OF $3.13 BLN AND REVENUE OF $2.89 BLN; 06/03/2018 – LAM RESEARCH: ADDED $2B SHARE BUYBACK; 15/05/2018 – Pointstate Adds Lam Research, Exits Wells Fargo: 13F

S&T Bank increased its stake in Huron Consulting Group Inc (HURN) by 10.2% based on its latest 2018Q1 regulatory filing with the SEC. S&T Bank bought 20,229 shares as the company’s stock declined 4.72% with the market. The institutional investor held 218,467 shares of the professional services company at the end of 2018Q1, valued at $8.32 million, up from 198,238 at the end of the previous reported quarter. S&T Bank who had been investing in Huron Consulting Group Inc for a number of months, seems to be bullish on the $886.48M market cap company. The stock increased 1.35% or $0.55 during the last trading session, reaching $41.25. About 144,472 shares traded or 40.46% up from the average. Huron Consulting Group Inc. (NASDAQ:HURN) has declined 2.42% since June 16, 2017 and is downtrending. It has underperformed by 14.99% the S&P500. Some Historical HURN News: 01/05/2018 – Huron Consulting Backs FY Rev $720M-$760M; 15/05/2018 – Huron Consulting Forms Golden Cross: Technicals; 02/04/2018 – Press Ganey Announces New Leadership Model to Support the Transformational Journey; 01/05/2018 – HURON CONSULTING 1Q REV. $193.7M, EST. $181.5M; 01/05/2018 – Huron Consulting Sees FY EPS $1.05-EPS $1.35; 15/05/2018 – Polar Asset Management Partners Buys 1% of Huron Consulting; 29/03/2018 – HURON AMENDS & EXTENDS SR SECURED CREDIT LINE; 14/05/2018 – Huron Consulting at Non-Deal Roadshow Hosted By Benchmark Today; 29/03/2018 Huron Amends and Extends Senior Secured Credit Facility; 01/05/2018 – Huron Consulting 1Q Loss/Shr 15c

Since January 23, 2018, it had 0 insider purchases, and 12 selling transactions for $28.53 million activity. 10,000 shares valued at $2.24M were sold by O’Dowd Sarah A on Thursday, March 22. The insider LORD PATRICK J sold 4,656 shares worth $987,770. The insider Varadarajan Seshasayee sold 25,453 shares worth $5.47 million. Gottscho Richard A also sold $3.54 million worth of Lam Research Corporation (NASDAQ:LRCX) on Wednesday, March 7. $2.52M worth of Lam Research Corporation (NASDAQ:LRCX) was sold by Anstice Martin B.

Investors sentiment increased to 1.1 in 2018 Q1. Its up 0.02, from 1.08 in 2017Q4. It improved, as 62 investors sold LRCX shares while 259 reduced holdings. 131 funds opened positions while 223 raised stakes. 138.23 million shares or 1.88% less from 140.89 million shares in 2017Q4 were reported. Thompson Siegel And Walmsley Ltd Llc has 0% invested in Lam Research Corporation (NASDAQ:LRCX) for 108 shares. J Goldman Co Limited Partnership reported 0.24% of its portfolio in Lam Research Corporation (NASDAQ:LRCX). Gsa Capital Prtnrs Llp holds 0.05% in Lam Research Corporation (NASDAQ:LRCX) or 4,984 shares. Dixon Hubard Feinour & Brown Va invested in 0.06% or 1,080 shares. Strategic Finance, New York-based fund reported 10,683 shares. Bridgeway Cap Mgmt Inc owns 466,206 shares. Whalerock Point Limited Co owns 1,960 shares or 0.13% of their US portfolio. State Of Tennessee Treasury Department has invested 0.43% in Lam Research Corporation (NASDAQ:LRCX). Rwc Asset Mngmt Limited Liability Partnership has invested 0.46% in Lam Research Corporation (NASDAQ:LRCX). Moors And Cabot has 2,036 shares for 0.05% of their portfolio. Aqr Capital Mgmt Ltd Llc, Connecticut-based fund reported 1.07 million shares. Liberty Mutual Asset Mngmt has invested 0.04% in Lam Research Corporation (NASDAQ:LRCX). Asset Mgmt owns 11,094 shares. Tiaa Cref Investment Management Limited Liability holds 0.2% in Lam Research Corporation (NASDAQ:LRCX) or 1.47 million shares. 703 were reported by Bollard Grp Incorporated Limited Liability Com.

Rgm Capital Llc, which manages about $775.24 million and $1.14B US Long portfolio, decreased its stake in Entegris Inc (NASDAQ:ENTG) by 106,700 shares to 1.76 million shares, valued at $61.40M in 2018Q1, according to the filing. It also reduced its holding in Tyler Technologies Inc (NYSE:TYL) by 3,350 shares in the quarter, leaving it with 371,999 shares, and cut its stake in Servicesource International (NASDAQ:SREV).

Among 27 analysts covering Lam Research Corporation (NASDAQ:LRCX), 25 have Buy rating, 0 Sell and 2 Hold. Therefore 93% are positive. Lam Research Corporation had 97 analyst reports since September 17, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, April 18. RBC Capital Markets maintained the shares of LRCX in report on Thursday, January 25 with “Buy” rating. Stifel Nicolaus maintained Lam Research Corporation (NASDAQ:LRCX) on Thursday, January 25 with “Buy” rating. The stock has “Buy” rating by B. Riley & Co on Wednesday, October 18. The firm has “Buy” rating given on Thursday, April 21 by B. Riley & Co. The rating was maintained by Citigroup with “Buy” on Friday, August 12. Stifel Nicolaus maintained the stock with “Buy” rating in Monday, November 21 report. The firm has “Buy” rating by Instinet given on Thursday, December 7. The firm has “Overweight” rating given on Wednesday, April 18 by KeyBanc Capital Markets. The stock of Lam Research Corporation (NASDAQ:LRCX) has “Buy” rating given on Monday, May 14 by Citigroup.

More notable recent Lam Research Corporation (NASDAQ:LRCX) news were published by: Seekingalpha.com which released: “Lam Research Is A Huge Buy” on June 13, 2018, also Investorplace.com with their article: “Lam Research Corporation Stock Is Falling, But It’s a Knife I Can Confidently Catch!” published on June 07, 2018, Globenewswire.com published: “Lam Research Corporation Announces Participation at Upcoming Conferences” on May 18, 2018. More interesting news about Lam Research Corporation (NASDAQ:LRCX) were released by: Investorplace.com and their article: “5 Top Stock Trades for Tuesday Morning” published on June 11, 2018 as well as Schaeffersresearch.com‘s news article titled: “RBC Slams Semiconductor Equipment Stocks With Downgrades” with publication date: June 13, 2018.

Another recent and important Huron Consulting Group Inc. (NASDAQ:HURN) news was published by Globenewswire.com which published an article titled: “Market Trends Toward New Normal in Meritage, AllianceBernstein Holding, Viper Energy Partners LP, Huron …” on May 21, 2018.

Investors sentiment increased to 1.23 in 2018 Q1. Its up 0.39, from 0.84 in 2017Q4. It is positive, as 14 investors sold HURN shares while 30 reduced holdings. 20 funds opened positions while 34 raised stakes. 20.43 million shares or 0.88% more from 20.25 million shares in 2017Q4 were reported. Envestnet Asset Mgmt Incorporated reported 617 shares stake. Sg Americas Secs Ltd Llc invested in 0% or 3,492 shares. Alphaone Investment Ltd Liability Com reported 2,950 shares. The Connecticut-based Massmutual Trust Fsb Adv has invested 0% in Huron Consulting Group Inc. (NASDAQ:HURN). California State Teachers Retirement accumulated 33,388 shares or 0% of the stock. 466,226 were accumulated by State Street Corporation. Ellington Mngmt Gru Ltd Company has 0.03% invested in Huron Consulting Group Inc. (NASDAQ:HURN) for 9,900 shares. Kbc Group Nv has invested 0% of its portfolio in Huron Consulting Group Inc. (NASDAQ:HURN). Schwab Charles Inv Mgmt holds 0.01% or 189,967 shares. Wellington Management Grp Llp has invested 0.03% in Huron Consulting Group Inc. (NASDAQ:HURN). Jpmorgan Chase And invested in 0.01% or 682,957 shares. Voya Invest Mgmt Limited Liability has invested 0% in Huron Consulting Group Inc. (NASDAQ:HURN). Huntington Natl Bank invested 0% of its portfolio in Huron Consulting Group Inc. (NASDAQ:HURN). Morgan Stanley owns 0% invested in Huron Consulting Group Inc. (NASDAQ:HURN) for 60,239 shares. Bank Of America De accumulated 257,402 shares.

Among 5 analysts covering Huron Consulting Group (NASDAQ:HURN), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Huron Consulting Group had 13 analyst reports since July 30, 2015 according to SRatingsIntel. On Tuesday, February 21 the stock rating was downgraded by Barrington Research to “Mkt Perform”. The company was maintained on Monday, September 21 by William Blair. Barrington Research maintained the shares of HURN in report on Monday, October 26 with “Outperform” rating. The firm earned “Outperform” rating on Friday, September 8 by William Blair. The stock of Huron Consulting Group Inc. (NASDAQ:HURN) has “Market Perform” rating given on Tuesday, January 3 by William Blair. The stock of Huron Consulting Group Inc. (NASDAQ:HURN) has “Buy” rating given on Wednesday, October 18 by SunTrust. The firm has “Buy” rating by Deutsche Bank given on Thursday, September 17.

S&T Bank, which manages about $561.50 million US Long portfolio, decreased its stake in Aecom (NYSE:ACM) by 37,933 shares to 373,811 shares, valued at $13.32 million in 2018Q1, according to the filing. It also reduced its holding in 3M Co (NYSE:MMM) by 19,698 shares in the quarter, leaving it with 24,645 shares, and cut its stake in Polaris Industries Inc (NYSE:PII).

Huron Consulting Group Inc. (NASDAQ:HURN) Institutional Positions Chart

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