Live Stock Coverage: Sentiment Report: Linear Technology Corp (NASDAQ:LLTC)

November 28, 2016 - By Nellie Frank   ·   0 Comments

Live Stock Coverage: Sentiment Report: Linear Technology Corp (NASDAQ:LLTC)

Sentiment for Linear Technology Corp (NASDAQ:LLTC)

Linear Technology Corp (NASDAQ:LLTC) institutional sentiment decreased to 0.66 in 2016 Q2. Its down -0.73, from 1.39 in 2016Q1. The ratio has dropped, as 243 hedge funds increased or started new positions, while 175 decreased and sold stakes in Linear Technology Corp. The hedge funds in our partner’s database now possess: 223.42 million shares, down from 224.02 million shares in 2016Q1. Also, the number of hedge funds holding Linear Technology Corp in their top 10 positions was flat from 9 to 9 for the same number . Sold All: 40 Reduced: 135 Increased: 201 New Position: 42.

Linear Technology Corporation is engaged in designing, manufacturing and marketing a line of analog integrated circuits. The company has a market cap of $15.07 billion. The Firm produces power management, data conversion, signal conditioning, radio frequency and interface integrated circuits (ICs) and wireless sensor network products, among others. It has a 30.77 P/E ratio. The Company’s principal product categories include amplifiers, high speed amplifiers, voltage regulators, voltage references, interfaces, data converters, battery stack monitors, silicon oscillators and timer blox, phase locked loop (PLL) synthesizers and clock distribution, SmartMesh embedded wireless sensor network, radio and microwave frequency circuits, Power Over Ethernet (PoE) Controllers, and Other.

Linear Technology Corporation (NASDAQ:LLTC) has risen 35.96% since April 25, 2016 and is uptrending. It has outperformed by 29.95% the S&P500.

Analysts await Linear Technology Corporation (NASDAQ:LLTC) to report earnings on January, 17. They expect $0.54 earnings per share, up 8.00% or $0.04 from last year’s $0.5 per share. LLTC’s profit will be $130.35M for 28.88 P/E if the $0.54 EPS becomes a reality. After $0.53 actual earnings per share reported by Linear Technology Corporation for the previous quarter, Wall Street now forecasts 1.89% EPS growth.

According to Zacks Investment Research, “Linear Technology products include operational, instrumentation and audio amplifiers; voltage regulators, power management devices, DC-DC converters and voltage references; comparators; monolithic filters; communications interface circuits; one-chip data acquisition sub-systems; pulse-width modulators and sample-and-hold devices. (Company Press Release)”

Armstrong Henry H Associates Inc holds 8.97% of its portfolio in Linear Technology Corporation for 961,321 shares. Dudley & Shanley Llc owns 636,040 shares or 6.75% of their US portfolio. Moreover, Generation Investment Management Llp has 6.63% invested in the company for 12.31 million shares. The New York-based R.M.Sincerbeaux Capital Management Llc has invested 4.05% in the stock. Criterion Capital Management Llc, a California-based fund reported 1.55 million shares.#img1#

Insider Transactions: Since January 1, 0001, the stock had 0 insider purchases, and 9 insider sales for $22.67 million net activity.

Linear Technology Corporation (NASDAQ:LLTC) Ratings Coverage

Ratings analysis reveals 15% of Linear Technology Corporation’s analysts are positive. Out of 13 Wall Street analysts rating Linear Technology Corporation, 2 give it “Buy”, 1 “Sell” rating, while 10 recommend “Hold”. The lowest target is $37 while the high is $64. The stock’s average target of $47.75 is -23.51% below today’s ($62.43) share price. LLTC was included in 22 notes of analysts from July 22, 2015. Goldman Sachs initiated Linear Technology Corporation (NASDAQ:LLTC) rating on Thursday, June 2. Goldman Sachs has “Neutral” rating and $46 price target. On Thursday, July 23 the stock rating was maintained by Oppenheimer with “Outperform”. The rating was upgraded by Citigroup to “Neutral” on Wednesday, July 27. CLSA initiated the shares of LLTC in a report on Tuesday, May 17 with “Underperform” rating. The firm has “Neutral” rating given on Wednesday, July 27 by Goldman Sachs. The stock of Linear Technology Corporation (NASDAQ:LLTC) earned “Sector Weight” rating by Pacific Crest on Wednesday, July 27. The stock of Linear Technology Corporation (NASDAQ:LLTC) earned “Equal-Weight” rating by Morgan Stanley on Wednesday, July 27. The firm has “Hold” rating by Drexel Hamilton given on Wednesday, July 22.

LLTC Company Profile

Linear Technology Corporation, incorporated on October 20, 2000, is engaged in designing, manufacturing and marketing a line of analog integrated circuits. The Firm produces power management, data conversion, signal conditioning, radio frequency (RF) and interface integrated circuits (ICs) and wireless sensor network products, among others. The Company’s principal product categories include amplifiers, high speed amplifiers, voltage regulators, voltage references, interfaces, data converters, battery stack monitors, silicon oscillators and timer blox, phase locked loop (PLL) synthesizers and clock distribution, SmartMesh embedded wireless sensor network, radio and microwave frequency circuits, Power Over Ethernet (PoE) Controllers, and Other. The Company’s products provide a bridge between analog world and the digital electronics in communications, networking, industrial, transportation, computer, medical, instrumentation, consumer, and military and aerospace systems.

More recent Linear Technology Corporation (NASDAQ:LLTC) news were published by: Nytimes.com which released: “Semiconductor Industry Shrinks Some More With Latest Deal” on July 27, 2016. Also Nasdaq.com published the news titled: “Linear Technology Corporation (LLTC) Ex-Dividend Date Scheduled for November …” on November 15, 2016. Businesswire.com‘s news article titled: “Linear Technology Stockholders Approve Merger Agreement With Analog Devices” with publication date: October 18, 2016 was also an interesting one.

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By Nellie Frank


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