BlackRock Inc. raised its stake in Lattice Semiconductor Corp (NASDAQ:LSCC) by 1.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 7,596,718 shares of the semiconductor company’s stock after purchasing an additional 74,922 shares during the period. BlackRock Inc. owned 0.06% of Lattice Semiconductor worth $43,907,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. State of Wisconsin Investment Board increased its position in shares of Lattice Semiconductor by 47.1% in the 4th quarter. State of Wisconsin Investment Board now owns 2,279,462 shares of the semiconductor company’s stock worth $13,175,000 after purchasing an additional 730,000 shares during the last quarter. Teacher Retirement System of Texas bought a new stake in shares of Lattice Semiconductor in the 4th quarter worth about $240,000. Aperio Group LLC grew its position in shares of Lattice Semiconductor by 57.2% during the 4th quarter. Aperio Group LLC now owns 27,677 shares of the semiconductor company’s stock valued at $160,000 after buying an additional 10,070 shares during the last quarter. Alambic Investment Management L.P. bought a new stake in shares of Lattice Semiconductor during the 4th quarter valued at about $180,000. Finally, Boston Advisors LLC grew its position in shares of Lattice Semiconductor by 56.5% during the 4th quarter. Boston Advisors LLC now owns 142,245 shares of the semiconductor company’s stock valued at $822,000 after buying an additional 51,380 shares during the last quarter. 87.92% of the stock is owned by institutional investors.
Shares of NASDAQ:LSCC opened at $5.23 on Monday. The company has a debt-to-equity ratio of 1.38, a current ratio of 3.15 and a quick ratio of 2.19. Lattice Semiconductor Corp has a fifty-two week low of $5.05 and a fifty-two week high of $7.10.
Lattice Semiconductor (NASDAQ:LSCC) last announced its quarterly earnings data on Tuesday, February 13th. The semiconductor company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.02). Lattice Semiconductor had a negative net margin of 18.28% and a positive return on equity of 0.50%. The business had revenue of $95.27 million for the quarter, compared to the consensus estimate of $94.53 million. During the same period in the prior year, the company earned $0.10 EPS. equities research analysts forecast that Lattice Semiconductor Corp will post 0.22 EPS for the current fiscal year.
A number of brokerages recently weighed in on LSCC. ValuEngine downgraded shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a research report on Thursday, February 8th. BidaskClub raised shares of Lattice Semiconductor from a “sell” rating to a “hold” rating in a research report on Friday, January 19th. Finally, Zacks Investment Research downgraded shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a research report on Thursday, February 15th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $7.00.
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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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