Stock News

Holder Ancient Art LP Has Increased Zillow Group (Z) Stake; Deroy & Devereaux Private Investment Counsel Cut Holding in Lam Research (LRCX) by $1.44 Million as Valuation Rose

Zillow Group, Inc. (NASDAQ:Z) Logo

Deroy & Devereaux Private Investment Counsel Inc decreased its stake in Lam Research Corp (LRCX) by 6.63% based on its latest 2017Q4 regulatory filing with the SEC. Deroy & Devereaux Private Investment Counsel Inc sold 7,850 shares as the company’s stock rose 8.53% while stock markets declined. The institutional investor held 110,591 shares of the industrial machinery and components company at the end of 2017Q4, valued at $20.36 million, down from 118,441 at the end of the previous reported quarter. Deroy & Devereaux Private Investment Counsel Inc who had been investing in Lam Research Corp for a number of months, seems to be less bullish one the $30.49 billion market cap company. The stock decreased 3.15% or $6.04 during the last trading session, reaching $185.82. About 4.67M shares traded or 14.70% up from the average. Lam Research Corporation (NASDAQ:LRCX) has risen 58.54% since April 25, 2017 and is uptrending. It has outperformed by 46.99% the S&P500.

Quincy Lee increased its stake in Zillow Group Inc (Z) by 307.11% based on its latest 2017Q4 regulatory filing with the SEC. Ancient Art Lp bought 371,369 shares as the company’s stock rose 26.83% while stock markets declined. The hedge fund run by Quincy Lee held 492,292 shares of the miscellaneous company at the end of 2017Q4, valued at $20.06M, up from 120,923 at the end of the previous reported quarter. Ancient Art Lp who had been investing in Zillow Group Inc for a number of months, seems to be bullish on the $9.16B market cap company. The stock decreased 0.54% or $0.26 during the last trading session, reaching $47.68. About 1.89M shares traded or 6.83% up from the average. Zillow Group, Inc. (NASDAQ:Z) has risen 58.64% since April 25, 2017 and is uptrending. It has outperformed by 47.09% the S&P500.

Ancient Art Lp, which manages about $961.48 million and $515.41M US Long portfolio, decreased its stake in Credit Accep Corp Mich (NASDAQ:CACC) by 166,137 shares to 140,410 shares, valued at $45.42 million in 2017Q4, according to the filing.

Among 12 analysts covering Zillow Inc (NASDAQ:Z), 5 have Buy rating, 0 Sell and 7 Hold. Therefore 42% are positive. Zillow Inc had 32 analyst reports since July 31, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, February 14 by Stifel Nicolaus. The rating was maintained by Morgan Stanley on Wednesday, August 5 with “Buy”. The stock of Zillow Group, Inc. (NASDAQ:Z) has “Buy” rating given on Wednesday, January 10 by Morgan Stanley. Stephens maintained the shares of Z in report on Wednesday, August 26 with “Overweight” rating. Stifel Nicolaus initiated Zillow Group, Inc. (NASDAQ:Z) rating on Thursday, December 22. Stifel Nicolaus has “Hold” rating and $36 target. As per Friday, January 13, the company rating was downgraded by Morgan Stanley. The company was maintained on Wednesday, August 5 by Benchmark. Cowen & Co maintained Zillow Group, Inc. (NASDAQ:Z) rating on Wednesday, January 10. Cowen & Co has “Hold” rating and $45.0 target. The firm earned “Hold” rating on Friday, February 9 by Cowen & Co. RBC Capital Markets maintained Zillow Group, Inc. (NASDAQ:Z) rating on Wednesday, August 5. RBC Capital Markets has “Sector Perform” rating and $92 target.

Investors sentiment increased to 1.08 in 2017 Q4. Its up 0.06, from 1.02 in 2017Q3. It is positive, as 40 investors sold LRCX shares while 262 reduced holdings. 112 funds opened positions while 215 raised stakes. 140.89 million shares or 3.74% less from 146.35 million shares in 2017Q3 were reported. 21,634 were accumulated by Cibc Asset Mgmt. Spectrum Management Grp Inc holds 150 shares. Tarbox Family Office Incorporated has invested 0.01% of its portfolio in Lam Research Corporation (NASDAQ:LRCX). Marble Harbor Invest Counsel accumulated 5,000 shares or 0.18% of the stock. Alliancebernstein LP holds 561,218 shares or 0.07% of its portfolio. Adams Diversified Equity Fund reported 0.66% stake. Moreover, National Bank & Trust Of Hawaii has 0.06% invested in Lam Research Corporation (NASDAQ:LRCX) for 3,665 shares. Bp Public Limited Company holds 20,000 shares. Veritable Limited Partnership holds 5,404 shares. Oppenheimer And Com holds 0.05% or 11,123 shares in its portfolio. Van Eck Associates owns 0.23% invested in Lam Research Corporation (NASDAQ:LRCX) for 250,115 shares. M&T Bank & Trust invested in 30,907 shares or 0.03% of the stock. State Of Alaska Department Of Revenue accumulated 19,004 shares or 0.08% of the stock. Asset Mngmt stated it has 43,153 shares or 0.13% of all its holdings. Gemmer Asset Management Ltd Liability Corporation holds 0.01% or 171 shares.

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 92 analyst reports since September 17, 2015 according to SRatingsIntel. Needham maintained the stock with “Buy” rating in Thursday, January 25 report. The firm has “Neutral” rating given on Tuesday, October 25 by Goldman Sachs. As per Friday, June 16, the company rating was maintained by Needham. The rating was upgraded by CLSA to “Buy” on Friday, September 25. The stock of Lam Research Corporation (NASDAQ:LRCX) earned “Buy” rating by RBC Capital Markets on Wednesday, November 15. JP Morgan maintained it with “Overweight” rating and $260 target in Thursday, January 25 report. The company was upgraded on Monday, December 19 by Goldman Sachs. As per Wednesday, March 7, the company rating was maintained by KeyBanc Capital Markets. The stock of Lam Research Corporation (NASDAQ:LRCX) has “Buy” rating given on Thursday, July 27 by B. Riley & Co. As per Thursday, December 7, the company rating was upgraded by Instinet.

Lam Research Corporation (NASDAQ:LRCX) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *