Generation Investment Management Llp buys $723,491,396 stake in Linear Technology Corporation (LLTC)

Linear Technology Corporation (LLTC) : Generation Investment Management Llp scooped up 7,500 additional shares in Linear Technology Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 12,308,462 shares of Linear Technology Corporation which is valued at $723,491,396.Linear Technology Corporation makes up approximately 7.73% of Generation Investment Management Llp’s portfolio.

Other Hedge Funds, Including , Pinnacle Associates Ltd reduced its stake in LLTC by selling 1,054 shares or 13.88% in the most recent quarter. The Hedge Fund company now holds 6,540 shares of LLTC which is valued at $384,421. Linear Technology Corporation makes up approx 0.01% of Pinnacle Associates Ltd’s portfolio.Silicon Valley Capital Partners reduced its stake in LLTC by selling 2,000 shares or 24.96% in the most recent quarter. The Hedge Fund company now holds 6,013 shares of LLTC which is valued at $353,985. Linear Technology Corporation makes up approx 0.26% of Silicon Valley Capital Partners’s portfolio.Signaturefd boosted its stake in LLTC in the latest quarter, The investment management firm added 78 additional shares and now holds a total of 364 shares of Linear Technology Corporation which is valued at $21,836.Catawba Capital Management Va boosted its stake in LLTC in the latest quarter, The investment management firm added 503 additional shares and now holds a total of 8,983 shares of Linear Technology Corporation which is valued at $437,113. Linear Technology Corporation makes up approx 0.10% of Catawba Capital Management Va’s portfolio.

Linear Technology Corporation opened for trading at $58.38 and hit $58.69 on the upside on Thursday, eventually ending the session at $58.66, with a gain of 0.72% or 0.42 points. The heightened volatility saw the trading volume jump to 14,16,882 shares. Company has a market cap of $14,062 M.

On the company’s financial health, Linear Technology Corporation reported $0.52 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Apr 19, 2016. Analyst had a consensus of $0.50. The company had revenue of $361.10 million for the quarter, compared to analysts expectations of $359.29 million. The company’s revenue was down -2.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.55 EPS.

Many Wall Street Analysts have commented on Linear Technology Corporation. Linear Technology Corporation was Upgraded by Raymond James to ” Mkt Perform” on Jul 27, 2016. Linear Technology Corporation was Upgraded by Citigroup to ” Neutral” on Jul 27, 2016. Linear Technology Corporation was Downgraded by Morgan Stanley to ” Equal-Weight” on Jul 27, 2016.

Linear Technology Corporation (Linear Technology) is engaged in designing manufacturing and marketing a line of high performance analog integrated circuits for companies across the world. Linear Technology produces power management data conversion signal conditioning RF and interface ICs Module subsystems and wireless sensor network products. The Company produces a range of products for a variety of customers and markets. The Company’s SmartMesh IP and SmartMesh WirelessHART technology offers wireless network based solutions using low power electronic components board level products with mesh networking and software addressing high level applications such as industrial process automation data center energy management building energy management renewable energy monitoring and transportation management systems.

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