Center Coast Capital Advisors LP Has Lowered Western Gas Equity Partners (WGP) Holding; Leuthold Group Lowered Its Lam Research Corp. (LRCX) Holding

May 17, 2018 - By Darrin Black

Western Gas Equity Partners, LP (NYSE:WGP) Logo

Center Coast Capital Advisors Lp decreased Western Gas Equity Partners (WGP) stake by 12.82% reported in 2017Q4 SEC filing. Center Coast Capital Advisors Lp sold 110,856 shares as Western Gas Equity Partners (WGP)’s stock declined 10.89%. The Center Coast Capital Advisors Lp holds 753,621 shares with $28.01M value, down from 864,477 last quarter. Western Gas Equity Partners now has $7.83 billion valuation. The stock increased 0.96% or $0.34 during the last trading session, reaching $35.76. About 44,129 shares traded. Western Gas Equity Partners, LP (NYSE:WGP) has declined 26.12% since May 17, 2017 and is downtrending. It has underperformed by 37.67% the S&P500.

Leuthold Group Llc decreased Lam Research Corp. (LRCX) stake by 2.27% reported in 2017Q4 SEC filing. Leuthold Group Llc sold 2,408 shares as Lam Research Corp. (LRCX)’s stock rose 8.53%. The Leuthold Group Llc holds 103,833 shares with $19.11M value, down from 106,241 last quarter. Lam Research Corp. now has $33.71B valuation. The stock decreased 0.68% or $1.4 during the last trading session, reaching $205.51. About 558,987 shares traded. Lam Research Corporation (NASDAQ:LRCX) has risen 58.54% since May 17, 2017 and is uptrending. It has outperformed by 46.99% the S&P500.

Since January 23, 2018, it had 0 insider purchases, and 11 selling transactions for $23.41 million activity. Varadarajan Seshasayee sold $5.47 million worth of stock. $390,194 worth of Lam Research Corporation (NASDAQ:LRCX) was sold by O’Dowd Sarah A on Thursday, March 8. 4,656 shares were sold by LORD PATRICK J, worth $987,770 on Thursday, March 8. $3.54M worth of Lam Research Corporation (NASDAQ:LRCX) shares were sold by Gottscho Richard A. $1.39M worth of stock was sold by ARCHER TIMOTHY on Friday, March 9. Anstice Martin B sold $2.52 million worth of stock or 11,200 shares.

More notable recent Lam Research Corporation (NASDAQ:LRCX) news were published by: Benzinga.com which released: “‘A Good Time To Buy Equipment Stocks’: Citi Upgrades Lam Research, Updates Sector Model” on May 14, 2018, also Streetinsider.com with their article: “Appaloosa 13F Shows New Stake in Wells Fargo (WFC) and Lam Research (LRCX), Increase in Micron (MU) MGM …” published on May 15, 2018, Seekingalpha.com published: “Highlights from Appaloosa’s Q1” on May 15, 2018. More interesting news about Lam Research Corporation (NASDAQ:LRCX) were released by: Seekingalpha.com and their article: “Lam Research: Long-Term Dividend Growth” published on April 23, 2018 as well as Investorplace.com‘s news article titled: “6 Best-Ranked Liquid Stocks for Impressive Returns” with publication date: May 16, 2018.

Leuthold Group Llc increased Bed Bath & Beyond Inc. (NASDAQ:BBBY) stake by 141,606 shares to 225,911 valued at $4.97M in 2017Q4. It also upped Unitedhealth Group Inc. (NYSE:UNH) stake by 7,768 shares and now owns 60,863 shares. Anthem Inc (NYSE:ANTM) was raised too.

Investors sentiment increased to 1.08 in Q4 2017. Its up 0.06, from 1.02 in 2017Q3. It increased, 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. Oregon Pub Employees Retirement Fund has invested 0.25% in Lam Research Corporation (NASDAQ:LRCX). Nuwave Management Ltd Llc has invested 0% in Lam Research Corporation (NASDAQ:LRCX). Oppenheimer And Com reported 11,123 shares stake. Bollard Grp Inc Ltd Com has invested 0.01% in Lam Research Corporation (NASDAQ:LRCX). Fdx Advisors Inc has 0.06% invested in Lam Research Corporation (NASDAQ:LRCX). Srb Corporation holds 0.02% or 890 shares. Leavell Inv reported 9,350 shares or 0.2% of all its holdings. Pinnacle Financial Partners Inc invested in 0.04% or 1,916 shares. Putnam Fl Investment Mgmt Company, a Massachusetts-based fund reported 77,512 shares. Alpha Cubed Investments Limited Liability Company invested in 0.14% or 5,897 shares. Epoch Ptnrs invested 0.03% of its portfolio in Lam Research Corporation (NASDAQ:LRCX). Gradient Investments Ltd Co holds 11 shares or 0% of its portfolio. Advisory Networks Ltd Liability Com stated it has 14,263 shares or 0.23% of all its holdings. Legacy Private Tru holds 0.08% or 3,890 shares. Schroder Investment Management Gru invested in 440,528 shares.

Analysts await Lam Research Corporation (NASDAQ:LRCX) to report earnings on July, 25. They expect $5.00 earnings per share, up 60.77% or $1.89 from last year’s $3.11 per share. LRCX’s profit will be $820.23 million for 10.28 P/E if the $5.00 EPS becomes a reality. After $4.79 actual earnings per share reported by Lam Research Corporation for the previous quarter, Wall Street now forecasts 4.38% EPS growth.

Among 27 analysts covering Lam Research Corporation (NASDAQ:LRCX), 26 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. Lam Research Corporation had 94 analyst reports since September 17, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, October 2 by RBC Capital Markets. B. Riley & Co maintained Lam Research Corporation (NASDAQ:LRCX) on Thursday, July 27 with “Buy” rating. The stock has “Buy” rating by Needham on Friday, October 9. The firm has “Buy” rating given on Thursday, July 27 by RBC Capital Markets. CLSA upgraded the shares of LRCX in report on Friday, September 25 to “Buy” rating. The firm earned “Buy” rating on Wednesday, October 18 by Credit Suisse. The firm has “Neutral” rating by Nomura given on Thursday, August 11. The stock of Lam Research Corporation (NASDAQ:LRCX) earned “Overweight” rating by Pacific Crest on Thursday, March 16. The company was maintained on Thursday, January 25 by JP Morgan. The stock of Lam Research Corporation (NASDAQ:LRCX) has “Buy” rating given on Wednesday, August 30 by RBC Capital Markets.

Analysts await Western Gas Equity Partners, LP (NYSE:WGP) to report earnings on July, 24. They expect $0.44 EPS, down 8.33% or $0.04 from last year’s $0.48 per share. WGP’s profit will be $96.33 million for 20.32 P/E if the $0.44 EPS becomes a reality. After $0.46 actual EPS reported by Western Gas Equity Partners, LP for the previous quarter, Wall Street now forecasts -4.35% negative EPS growth.

Center Coast Capital Advisors Lp increased Hess Midstream Partners Lp stake by 34,119 shares to 34,963 valued at $693,000 in 2017Q4. It also upped Noble Midstream Partners Lp stake by 31,943 shares and now owns 32,527 shares. Alerian Mlp Etf (AMLP) was raised too.

More recent Western Gas Equity Partners, LP (NYSE:WGP) news were published by: Bizjournals.com which released: “Western Gas names new COO, replacing exec who moved to former Anadarko CEO’s new co.” on May 15, 2018. Also Seekingalpha.com published the news titled: “Anadarko: Don’t Sell Yet” on May 15, 2018. Streetinsider.com‘s news article titled: “Western Gas Equity Partners (WGP) Tops Q1 EPS by 5c” with publication date: May 01, 2018 was also an interesting one.

Western Gas Equity Partners, LP (NYSE:WGP) Institutional Positions Chart

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