Lattice Semiconductor (LSCC) Stake Lowered by Metropolitan Life Insurance Co. NY

Metropolitan Life Insurance Co. NY lessened its position in Lattice Semiconductor (NASDAQ:LSCC) by 54.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 37,383 shares of the semiconductor company’s stock after selling 44,225 shares during the period. Metropolitan Life Insurance Co. NY’s holdings in Lattice Semiconductor were worth $216,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in LSCC. Schwab Charles Investment Management Inc. lifted its stake in shares of Lattice Semiconductor by 2.6% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 509,124 shares of the semiconductor company’s stock worth $2,653,000 after acquiring an additional 12,952 shares during the period. Boston Advisors LLC lifted its stake in shares of Lattice Semiconductor by 56.5% in the 4th quarter. Boston Advisors LLC now owns 142,245 shares of the semiconductor company’s stock worth $822,000 after acquiring an additional 51,380 shares during the period. Alambic Investment Management L.P. acquired a new stake in shares of Lattice Semiconductor in the 4th quarter worth $180,000. Aperio Group LLC lifted its stake in shares of Lattice Semiconductor by 57.2% in the 4th quarter. Aperio Group LLC now owns 27,677 shares of the semiconductor company’s stock worth $160,000 after acquiring an additional 10,070 shares during the period. Finally, Teacher Retirement System of Texas acquired a new stake in shares of Lattice Semiconductor in the 4th quarter worth $240,000. Institutional investors own 87.63% of the company’s stock.

Shares of NASDAQ LSCC opened at $5.23 on Thursday. The company has a current ratio of 3.15, a quick ratio of 2.19 and a debt-to-equity ratio of 1.38. Lattice Semiconductor has a 52 week low of $5.05 and a 52 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 EPS for the quarter, missing the Thomson Reuters’ consensus estimate 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 company had revenue of $95.27 million during the quarter, compared to analyst estimates of $94.53 million. During the same quarter last year, the business earned $0.10 EPS. sell-side analysts predict that Lattice Semiconductor will post 0.22 EPS for the current year.

LSCC has been the subject of several recent analyst reports. BidaskClub upgraded shares of Lattice Semiconductor from a “hold” rating to a “buy” rating in a research note on Friday, March 9th. Zacks Investment Research upgraded shares of Lattice Semiconductor from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 18th. Finally, ValuEngine cut shares of Lattice Semiconductor from a “hold” rating to a “sell” rating in a research note on Friday, March 23rd. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. Lattice Semiconductor currently has a consensus rating of “Hold” and an average price target of $7.00.

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About Lattice Semiconductor

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor devices in Asia, Europe, and the Americas. The company offers programmable logic devices that consist of five product family lines, such as the ECP, MachXO, iCE40, CrossLink, and programmable mixed signal devices.

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Institutional Ownership by Quarter for Lattice Semiconductor (NASDAQ:LSCC)

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