Johnson Financial Group Inc. Invests $52,000 in Lattice Semiconductor Co. (NASDAQ:LSCC)

Johnson Financial Group Inc. bought a new position in shares of Lattice Semiconductor Co. (NASDAQ:LSCC) in the 4th quarter, Holdings Channel reports. The fund bought 910 shares of the semiconductor company’s stock, valued at approximately $52,000.

Several other hedge funds have also made changes to their positions in LSCC. UMB Bank n.a. boosted its stake in shares of Lattice Semiconductor by 67.7% during the fourth quarter. UMB Bank n.a. now owns 659 shares of the semiconductor company’s stock worth $37,000 after buying an additional 266 shares during the period. Arcadia Investment Management Corp MI acquired a new stake in shares of Lattice Semiconductor during the fourth quarter worth about $38,000. Skandinaviska Enskilda Banken AB publ boosted its stake in shares of Lattice Semiconductor by 102.7% during the fourth quarter. Skandinaviska Enskilda Banken AB publ now owns 671 shares of the semiconductor company’s stock worth $38,000 after buying an additional 340 shares during the period. Jones Financial Companies Lllp boosted its stake in shares of Lattice Semiconductor by 88.1% during the fourth quarter. Jones Financial Companies Lllp now owns 790 shares of the semiconductor company’s stock worth $45,000 after buying an additional 370 shares during the period. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Lattice Semiconductor during the fourth quarter worth about $57,000. Institutional investors and hedge funds own 98.08% of the company’s stock.

Lattice Semiconductor Stock Performance

Lattice Semiconductor stock opened at $48.96 on Tuesday. The firm has a market capitalization of $6.74 billion, a price-to-earnings ratio of 111.28, a price-to-earnings-growth ratio of 3.03 and a beta of 1.64. Lattice Semiconductor Co. has a fifty-two week low of $34.69 and a fifty-two week high of $78.85. The stock’s fifty day moving average is $53.75 and its two-hundred day moving average is $55.48.

Lattice Semiconductor (NASDAQ:LSCC) last posted its earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.14). Lattice Semiconductor had a net margin of 12.00% and a return on equity of 11.22%. As a group, sell-side analysts forecast that Lattice Semiconductor Co. will post 0.65 EPS for the current fiscal year.

Wall Street Analyst Weigh In

LSCC has been the subject of a number of recent analyst reports. Loop Capital assumed coverage on shares of Lattice Semiconductor in a research report on Friday, April 4th. They issued a “buy” rating and a $85.00 price objective for the company. Needham & Company LLC reissued a “buy” rating and issued a $70.00 price target on shares of Lattice Semiconductor in a report on Tuesday, February 11th. Stifel Nicolaus upped their price objective on Lattice Semiconductor from $65.00 to $70.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th. StockNews.com cut Lattice Semiconductor from a “hold” rating to a “sell” rating in a research report on Tuesday, March 11th. Finally, Benchmark increased their price objective on Lattice Semiconductor from $55.00 to $65.00 and gave the stock a “buy” rating in a research report on Tuesday, February 11th. Two investment analysts have rated the stock with a sell rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $67.69.

Insider Buying and Selling at Lattice Semiconductor

In related news, SVP Pravin Desale sold 2,890 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $68.29, for a total transaction of $197,358.10. Following the sale, the senior vice president now owns 93,903 shares of the company’s stock, valued at $6,412,635.87. This trade represents a 2.99 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robin Ann Abrams sold 10,000 shares of the stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of $63.97, for a total value of $639,700.00. Following the sale, the director now directly owns 122,538 shares in the company, valued at approximately $7,838,755.86. The trade was a 7.55 % decrease in their position. The disclosure for this sale can be found here. 1.80% of the stock is owned by corporate insiders.

About Lattice Semiconductor

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink. It also provides video connectivity application specific standard products.