Strs Ohio Has Upped Its Lam Research (LRCX) Holding; Southpoint Capital Advisors LP Has Increased By $14.88 Million Its Visa (V) Holding

June 17, 2018 - By Hazel Jackson

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Southpoint Capital Advisors Lp increased Visa Inc (V) stake by 23.81% reported in 2018Q1 SEC filing. Southpoint Capital Advisors Lp acquired 125,000 shares as Visa Inc (V)’s stock rose 5.37%. The Southpoint Capital Advisors Lp holds 650,000 shares with $77.75M value, up from 525,000 last quarter. Visa Inc now has $302.60 billion valuation. The stock increased 0.07% or $0.1 during the last trading session, reaching $135.1. About 10.04M shares traded or 30.71% up from the average. Visa Inc. (NYSE:V) has risen 38.13% since June 17, 2017 and is uptrending. It has outperformed by 25.56% the S&P500. Some Historical V News: ; 25/04/2018 – VISA INC – SEES 2018 CLIENT INCENTIVES AS A PERCENTAGE OF GROSS REVENUES: 21.5% TO 22.0% RANGE; 25/04/2018 – Visa Effective Tax Rate 19% for Quarter; 28/05/2018 – Russian Oligarch, After Visa Troubles in Britain, Surfaces in Israel; 22/03/2018 – Visa Closes Below 50-Day Moving Average: Technicals; 25/04/2018 – Visa 2Q Rev $5.1B; 20/05/2018 – VIETNAM MAY OFFER 30-DAY VISA EXEMPTIONS FOR 12 NATIONS; 25/04/2018 – Visa Sees Fiscal 2018 Net Revenue Growth Low Double Digits on Nominal Basis; 09/05/2018 – Visa’s Craig McClure Joins The Chargeback Company; 11/05/2018 – Citigroup Adds Aptiv, Cuts Lowe’s, Buys More Visa: 13F; 23/03/2018 – Two more top Visa executives have exited the company – under very different circumstances One left for a CEO role, while the other left amid controversy

Strs Ohio increased Lam Research Corp (LRCX) stake by 2.6% reported in 2018Q1 SEC filing. Strs Ohio acquired 2,398 shares as Lam Research Corp (LRCX)’s stock rose 1.81%. The Strs Ohio holds 94,668 shares with $19.23M value, up from 92,270 last quarter. Lam Research Corp now has $29.27B valuation. 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 17, 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 REVENUE $3.100 BLN +/- $150 MLN; 18/05/2018 – Lam Research Corporation Announces Participation at Upcoming Conferences; 16/04/2018 – Lam Research Corp expected to post earnings of $4.38 a share – Earnings Preview; 06/03/2018 – LAM RESEARCH: ADDED $2B SHARE BUYBACK; 17/04/2018 – Lam Research Sees 4Q Rev $3.1B; 21/05/2018 – Lam Research Presenting at Bank of America Conference Jun 6; 27/03/2018 – Lam Research Corporation Announces March Quarter Financial Conference Call; 06/03/2018 – LAM RESEARCH SAYS CY2021 TARGET MODEL FOR ADJ. EPS $23-$25; 06/03/2018 – LAM RESEARCH BOOSTS QTR DIV TO $1.10/SHARE FROM 50C, EST. 50C; 27/03/2018 – Tech Today: Zuck’s Parliament Fail, Cheers for Lam Research, Red Hat Targets Soar — Barron’s Blog

Among 43 analysts covering Visa Inc. (NYSE:V), 34 have Buy rating, 0 Sell and 9 Hold. Therefore 79% are positive. Visa Inc. had 132 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, October 11 by Cowen & Co. The firm has “Buy” rating given on Thursday, October 26 by Nomura. BMO Capital Markets maintained it with “Buy” rating and $148.0 target in Friday, February 2 report. Keefe Bruyette & Woods maintained Visa Inc. (NYSE:V) on Thursday, December 21 with “Buy” rating. The stock of Visa Inc. (NYSE:V) earned “Buy” rating by Mizuho on Wednesday, October 11. KeyBanc Capital Markets maintained Visa Inc. (NYSE:V) rating on Friday, February 2. KeyBanc Capital Markets has “Overweight” rating and $140 target. SunTrust maintained it with “Buy” rating and $150.0 target in Thursday, February 1 report. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, July 20. Keefe Bruyette & Woods maintained Visa Inc. (NYSE:V) on Tuesday, December 8 with “Outperform” rating. The firm earned “Buy” rating on Monday, September 25 by Robert W. Baird.

Since February 14, 2018, it had 0 buys, and 3 insider sales for $6.34 million activity. 1,712 shares were sold by Biggar Lynne, worth $205,440 on Wednesday, February 14. $5.06 million worth of stock was sold by MCINERNEY RYAN on Thursday, May 10. Shares for $1.08 million were sold by HOFFMEISTER JAMES H.

More notable recent Visa Inc. (NYSE:V) news were published by: Investorideas.com which released: “#AI News: Visa (NYSE: $V) Canada and Finn AI collaborate to expand #artificialntelligence banking capabilities …” on June 14, 2018, also Seekingalpha.com with their article: “Visa, Inc. (V) Management Presents at William Blair 2018 Growth Stock Conference (Transcript)” published on June 13, 2018, Fool.com published: “Is Visa Inc. a Buy?” on June 07, 2018. More interesting news about Visa Inc. (NYSE:V) were released by: 247Wallst.com and their article: “Boeing Holds On as Dow’s Top-Performing Stock” published on June 16, 2018 as well as Seekingalpha.com‘s news article titled: “Visa – A $140 Discount Cash Flow Valuation” with publication date: June 01, 2018.

Investors sentiment decreased to 0.88 in 2018 Q1. Its down 0.17, from 1.05 in 2017Q4. It worsened, as 41 investors sold V shares while 684 reduced holdings. 127 funds opened positions while 513 raised stakes. 1.57 billion shares or 2.35% less from 1.61 billion shares in 2017Q4 were reported. Mawer Investment Mngmt Limited holds 2.52% or 2.52M shares. 326,375 are owned by Ardevora Asset Mgmt Limited Liability Partnership. Meag Munich Ergo Kapitalanlagegesellschaft Mbh reported 1.08% in Visa Inc. (NYSE:V). Daiwa Securities reported 133,627 shares. King Wealth invested 4.58% of its portfolio in Visa Inc. (NYSE:V). Grantham Mayo Van Otterloo And Ltd Limited Liability Company reported 7,977 shares or 0.01% of all its holdings. Wedge Mngmt L LP Nc stated it has 2,123 shares or 0% of all its holdings. 2,619 are held by Northeast Finance Consultants. Donaldson Capital Mgmt Llc owns 33,995 shares for 0.4% of their portfolio. Stralem And Company Inc stated it has 3.46% of its portfolio in Visa Inc. (NYSE:V). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mgmt holds 0.51% in Visa Inc. (NYSE:V) or 454,700 shares. Holderness Investments Company stated it has 0.35% in Visa Inc. (NYSE:V). Proshare Limited Liability Corporation accumulated 0.61% or 780,682 shares. Canandaigua Fincl Bank And Tru Co holds 0.41% of its portfolio in Visa Inc. (NYSE:V) for 26,723 shares. Tokio Marine Asset Company accumulated 6,694 shares or 0.14% of the stock.

Strs Ohio decreased Aon Plc (NYSE:AON) stake by 2,538 shares to 127,233 valued at $17.85 million in 2018Q1. It also reduced Xilinx Inc (NASDAQ:XLNX) stake by 39,589 shares and now owns 605,296 shares. Edison International (NYSE:EIX) was reduced too.

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 stock of Lam Research Corporation (NASDAQ:LRCX) earned “Outperform” rating by Cowen & Co on Thursday, December 10. The firm earned “Neutral” rating on Tuesday, October 25 by Goldman Sachs. On Tuesday, September 12 the stock rating was initiated by Argus Research with “Buy”. The firm earned “Buy” rating on Wednesday, January 24 by KeyBanc Capital Markets. On Thursday, August 11 the stock rating was downgraded by Nomura to “Neutral”. The stock has “Buy” rating by B. Riley & Co on Thursday, April 21. As per Tuesday, March 6, the company rating was maintained by Susquehanna. Goldman Sachs upgraded the stock to “Buy” rating in Monday, December 19 report. Needham maintained it with “Buy” rating and $270.0 target in Thursday, January 25 report. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, October 17 report.

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, Seekingalpha.com published: “Lam Research: Riding The Wave Of Semiconductor Luau” on May 24, 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.

Since January 23, 2018, it had 0 buys, and 12 insider sales for $28.53 million activity. Gottscho Richard A had sold 16,866 shares worth $3.54 million on Wednesday, March 7. O’Dowd Sarah A had sold 10,000 shares worth $2.24M. 25,453 Lam Research Corporation (NASDAQ:LRCX) shares with value of $5.47 million were sold by Varadarajan Seshasayee. $987,770 worth of stock was sold by LORD PATRICK J on Thursday, March 8. $5.12M worth of Lam Research Corporation (NASDAQ:LRCX) shares were sold by Anstice Martin B. ARCHER TIMOTHY had sold 16,574 shares worth $3.67M on Wednesday, March 21.

Investors sentiment increased to 1.1 in Q1 2018. Its up 0.02, from 1.08 in 2017Q4. It increased, 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. Oak Associates Limited Oh stated it has 9,255 shares or 0.13% of all its holdings. Yhb Investment Advisors has 10,130 shares for 0.35% of their portfolio. Ardevora Asset Limited Liability Partnership stated it has 101 shares or 0% of all its holdings. Scout Investments stated it has 84,427 shares. Bogle Investment Management Limited Partnership De has invested 1.02% of its portfolio in Lam Research Corporation (NASDAQ:LRCX). Regions holds 0.01% or 2,849 shares. Gulf Intl Financial Bank (Uk) Limited has invested 0.13% in Lam Research Corporation (NASDAQ:LRCX). Parkside Comml Bank Trust reported 471 shares stake. Missouri-based First Allied Advisory has invested 0.03% in Lam Research Corporation (NASDAQ:LRCX). Spectrum Grp Inc holds 0.01% or 150 shares in its portfolio. Marsico Cap Mngmt Limited Liability Com holds 0.14% or 18,349 shares in its portfolio. Etrade Capital Management Ltd Llc holds 0.05% or 7,196 shares in its portfolio. Meiji Yasuda Asset Mgmt invested 0.12% in Lam Research Corporation (NASDAQ:LRCX). Rampart Inv Lc, a Massachusetts-based fund reported 15,619 shares. Wetherby Asset Management reported 2,245 shares stake.

Visa Inc. (NYSE:V) Institutional Positions Chart

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