Marlowe Partners LP Increases Holding in Lam Research Corp (LRCX)

Lam Research Corporation (NASDAQ:LRCX) LogoInvestors sentiment decreased to 0.77 in Q3 2018. Its down 0.28, from 1.05 in 2018Q2. It dived, as 88 investors sold LRCX shares while 259 reduced holdings. 77 funds opened positions while 191 raised stakes. 133.35 million shares or 1.21% less from 134.98 million shares in 2018Q2 were reported. Guggenheim Capital Limited Liability has invested 0.11% in Lam Research Corporation (NASDAQ:LRCX). Gmt owns 171,670 shares or 0.68% of their US portfolio. Meiji Yasuda Asset Management reported 0.09% in Lam Research Corporation (NASDAQ:LRCX). Rampart Management Ltd Liability Corp reported 2,944 shares. Systematic Fincl Mgmt Lp accumulated 3,452 shares. 56,903 were reported by Walleye Trading. Commerzbank Aktiengesellschaft Fi stated it has 31,980 shares or 0.05% of all its holdings. Harvey Cap Mgmt Inc owns 0.46% invested in Lam Research Corporation (NASDAQ:LRCX) for 7,700 shares. 69,348 were accumulated by Leuthold Group Inc Limited Company. Optimum Investment Advsr has invested 0.27% of its portfolio in Lam Research Corporation (NASDAQ:LRCX). James Rech, Ohio-based fund reported 12,406 shares. Pinnacle Associates Limited, New York-based fund reported 454,034 shares. Dnb Asset Mngmt As invested in 0% or 35,505 shares. Aperio Gru Limited Liability Corporation owns 0.07% invested in Lam Research Corporation (NASDAQ:LRCX) for 100,127 shares. Fukoku Mutual Life Ins has invested 0.02% in Lam Research Corporation (NASDAQ:LRCX).

Marlowe Partners Lp increased its stake in Lam Research Corp (LRCX) by 80.67% based on its latest 2018Q3 regulatory filing with the SEC. Marlowe Partners Lp bought 104,377 shares as the company’s stock declined 13.57% with the market. The institutional investor held 233,765 shares of the industrial machinery and components company at the end of 2018Q3, valued at $35.46M, up from 129,388 at the end of the previous reported quarter. Marlowe Partners Lp who had been investing in Lam Research Corp for a number of months, seems to be bullish on the $22.55B market cap company. The stock increased 0.50% or $0.73 during the last trading session, reaching $145.3. About 1.11 million shares traded. Lam Research Corporation (NASDAQ:LRCX) has declined 27.14% since January 11, 2018 and is downtrending. It has underperformed by 27.14% the S&P500.

Marlowe Partners Lp, which manages about $193.06 million and $139.23M US Long portfolio, decreased its stake in Cars Com Inc by 297,317 shares to 453,404 shares, valued at $12.52 million in 2018Q3, according to the filing.

More notable recent Lam Research Corporation (NASDAQ:LRCX) news were published by: Nasdaq.com which released: “Lam Research (LRCX) Stock Moves -1.55%: What You Should Know – Nasdaq” on October 11, 2018, also Marketwatch.com with their article: “Micron’s stock boosts chip rally after upgrade, analysts’ comments at CES – MarketWatch” published on January 09, 2019, Nasdaq.com published: “Lam Research (LRCX) Q4 Earnings and Revenues Beat Estimates – Nasdaq” on July 26, 2018. More interesting news about Lam Research Corporation (NASDAQ:LRCX) were released by: Nasdaq.com and their article: “Lam Research Corporation (LRCX) Ex-Dividend Date Scheduled for December 04, 2018 – Nasdaq” published on December 03, 2018 as well as Nasdaq.com‘s news article titled: “These 5 Companies are Earnings Perfection – Nasdaq” with publication date: January 09, 2019.

Lam Research Corporation (NASDAQ:LRCX) Ratings Coverage

Among 12 analysts covering Lam Research (NASDAQ:LRCX), 5 have Buy rating, 0 Sell and 7 Hold. Therefore 42% are positive. Lam Research had 15 analyst reports since July 13, 2018 according to SRatingsIntel. The firm has “Neutral” rating given on Monday, October 1 by Mizuho. The firm earned “Buy” rating on Friday, July 27 by Stifel Nicolaus. Citigroup maintained the stock with “Buy” rating in Friday, July 13 report. On Tuesday, August 28 the stock rating was downgraded by Bank of America to “Neutral”. Susquehanna downgraded it to “Neutral” rating and $165 target in Tuesday, October 23 report. The rating was downgraded by UBS on Wednesday, September 26 to “Neutral”. The stock of Lam Research Corporation (NASDAQ:LRCX) has “Overweight” rating given on Friday, July 27 by KeyBanc Capital Markets. The company was maintained on Monday, July 30 by Citigroup. The firm has “Hold” rating by Deutsche Bank given on Monday, October 1. Citigroup maintained it with “Buy” rating and $177 target in Tuesday, September 25 report.

Lam Research Corporation (NASDAQ:LRCX) Institutional Positions Chart

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