Great West Life Assurance Co. Can lifted its stake in shares of Lattice Semiconductor Corporation (NASDAQ:LSCC) by 7,975.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 846,424 shares of the semiconductor company’s stock after purchasing an additional 835,943 shares during the quarter. Great West Life Assurance Co. Can owned 0.69% of Lattice Semiconductor worth $4,385,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also made changes to their positions in LSCC. Amalgamated Bank raised its position in Lattice Semiconductor by 7.5% during the 2nd quarter. Amalgamated Bank now owns 15,815 shares of the semiconductor company’s stock valued at $105,000 after purchasing an additional 1,102 shares during the last quarter. BNP Paribas Arbitrage SA raised its position in shares of Lattice Semiconductor by 723.3% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 20,608 shares of the semiconductor company’s stock worth $137,000 after acquiring an additional 18,105 shares in the last quarter. FNY Partners Fund LP raised its position in shares of Lattice Semiconductor by 100.8% in the 2nd quarter. FNY Partners Fund LP now owns 25,900 shares of the semiconductor company’s stock worth $172,000 after acquiring an additional 13,000 shares in the last quarter. Bluefin Trading LLC bought a new position in Lattice Semiconductor during the 2nd quarter valued at approximately $176,000. Finally, Legal & General Group Plc increased its position in Lattice Semiconductor by 2.7% during the 2nd quarter. Legal & General Group Plc now owns 43,266 shares of the semiconductor company’s stock valued at $288,000 after buying an additional 1,148 shares in the last quarter. Institutional investors and hedge funds own 85.71% of the company’s stock.
LSCC has been the subject of a number of analyst reports. Zacks Investment Research raised Lattice Semiconductor from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 11th. Craig Hallum reiterated a “hold” rating and set a $6.00 target price (down from $8.30) on shares of Lattice Semiconductor in a research note on Thursday, September 14th. Jefferies Group cut their target price on Lattice Semiconductor from $8.30 to $6.50 and set a “hold” rating on the stock in a research note on Thursday, September 14th. BidaskClub downgraded Lattice Semiconductor from a “hold” rating to a “sell” rating in a research note on Saturday, December 2nd. Finally, Robert W. Baird reiterated a “hold” rating and set a $8.00 target price on shares of Lattice Semiconductor in a research report on Sunday, September 17th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $7.00.
Lattice Semiconductor Corporation (LSCC) opened at $5.86 on Monday. Lattice Semiconductor Corporation has a 12-month low of $5.05 and a 12-month high of $7.55. The company has a market capitalization of $722.92, a PE ratio of 65.11, a P/E/G ratio of 6.28 and a beta of 1.57. The company has a debt-to-equity ratio of 1.28, a current ratio of 2.20 and a quick ratio of 1.60.
Lattice Semiconductor (NASDAQ:LSCC) last announced its quarterly earnings results on Tuesday, November 7th. The semiconductor company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.05. The firm had revenue of $91.97 million during the quarter, compared to analyst estimates of $92.00 million. Lattice Semiconductor had a positive return on equity of 4.39% and a negative net margin of 17.49%. During the same quarter in the previous year, the business earned $0.05 earnings per share. analysts expect that Lattice Semiconductor Corporation will post 0.05 EPS for the current year.
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Lattice Semiconductor Profile
Lattice Semiconductor Corporation is a United States-based company, which develops semiconductor technologies that it monetizes through products, solutions and licenses. The Company operates through two segments: the core Lattice (Core) business, which includes intellectual property (IP) and semiconductor devices, and Qterics, a discrete software-as-a-service business unit in the Lattice legal entity structure.
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