Nikulski Financial Inc. Has $3.77 Million Stock Position in Lam Research Co. (NASDAQ:LRCX)

Nikulski Financial Inc. lifted its stake in shares of Lam Research Co. (NASDAQ:LRCX) by 913.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 52,173 shares of the semiconductor company’s stock after buying an additional 47,025 shares during the period. Lam Research makes up 1.1% of Nikulski Financial Inc.’s investment portfolio, making the stock its 24th biggest position. Nikulski Financial Inc.’s holdings in Lam Research were worth $3,768,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Quarry LP grew its holdings in shares of Lam Research by 175.0% during the 2nd quarter. Quarry LP now owns 88 shares of the semiconductor company’s stock worth $94,000 after purchasing an additional 56 shares in the last quarter. NCP Inc. bought a new stake in shares of Lam Research during the 2nd quarter worth $213,000. Migdal Insurance & Financial Holdings Ltd. lifted its position in shares of Lam Research by 2,400.0% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 200 shares of the semiconductor company’s stock worth $163,000 after buying an additional 192 shares during the last quarter. Advisory Alpha LLC bought a new stake in shares of Lam Research during the 2nd quarter worth $256,000. Finally, Silver Lake Advisory LLC bought a new stake in shares of Lam Research during the 2nd quarter worth $261,000. 84.61% of the stock is owned by institutional investors and hedge funds.

Lam Research Trading Down 1.9 %

NASDAQ LRCX opened at $79.68 on Friday. The business has a 50 day simple moving average of $75.43 and a 200 day simple moving average of $80.07. Lam Research Co. has a one year low of $68.87 and a one year high of $113.00. The stock has a market capitalization of $102.52 billion, a P/E ratio of 25.75, a P/E/G ratio of 1.53 and a beta of 1.45. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.53 and a quick ratio of 1.74.

Lam Research (NASDAQ:LRCX) last released its earnings results on Wednesday, October 23rd. The semiconductor company reported $0.86 EPS for the quarter, topping the consensus estimate of $0.81 by $0.05. Lam Research had a return on equity of 50.60% and a net margin of 26.02%. The business had revenue of $4.17 billion during the quarter, compared to analysts’ expectations of $4.06 billion. During the same quarter last year, the firm posted $6.85 earnings per share. The firm’s revenue was up 19.7% on a year-over-year basis. Research analysts expect that Lam Research Co. will post 3.51 earnings per share for the current year.

Lam Research Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Wednesday, December 11th were paid a dividend of $0.23 per share. The ex-dividend date was Wednesday, December 11th. This represents a $0.92 annualized dividend and a yield of 1.15%. Lam Research’s dividend payout ratio is currently 29.74%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on LRCX. KeyCorp upgraded Lam Research from a “sector weight” rating to an “overweight” rating and set a $95.00 price objective for the company in a research report on Friday, January 17th. StockNews.com downgraded Lam Research from a “buy” rating to a “hold” rating in a research report on Friday, October 11th. Cantor Fitzgerald restated a “neutral” rating and set a $100.00 price objective on shares of Lam Research in a research report on Thursday, October 24th. Stifel Nicolaus restated a “buy” rating and set a $100.00 price objective (down from $105.00) on shares of Lam Research in a research report on Thursday, October 24th. Finally, Mizuho dropped their target price on Lam Research from $95.00 to $90.00 and set an “outperform” rating for the company in a research report on Friday, January 10th. Nine investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat.com, Lam Research currently has an average rating of “Moderate Buy” and an average price target of $95.77.

Lam Research Profile

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition products for copper interconnect transition that offers copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatments; and VECTOR plasma-enhanced CVD ALD products.