Economy

Cuts Holdings in Applied Materials, Inc. (NASDAQ:AMAT)

Cuts Holdings in Applied Materials, Inc. (NASDAQ:AMAT)

Company insiders own 0.31% of the company's stock. Tuttle Tactical Management Llc who had been investing in Apple Inc for a number of months, seems to be bullish on the $898.40B market cap company. Stockholders of record on Friday, November 24th will be issued a $0.10 dividend. The company's stock had a trading volume of 3,700,000 shares, compared to its average volume of 10,220,000.

Caldwell & Orkin Inc. bought a new stake in shares of Applied Materials, Inc. It has outperformed by 104.70% the S&P500. Goldman Sachs Group Inc raised shares of Applied Materials from a neutral rating to a buy rating and raised their price target for the company from $49.00 to $52.00 in a report on Wednesday, September 13th. (NASDAQ:AMAT), 26 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Applied Materials, Inc. has a fifty-two week low of $29.85 and a fifty-two week high of $60.89. The shares were sold at an average price of $51.24, for a total transaction of $1,537,200.00. Deutsche Natl Bank Ag has invested 0.16% of its portfolio in Applied Materials, Inc. Zacks Investment Research lowered Applied Materials from a "buy" rating to a "hold" rating in a research note on Monday, August 14th. The rating was maintained by Morgan Stanley with "Overweight" on Monday, October 12. Applied Materials Inc (Call) now has $62.01B valuation. The firm earned "Buy" rating on Friday, October 27 by Northland Capital. The rating was maintained by Credit Suisse on Friday, August 18 with "Outperform". As per Tuesday, June 28, the company rating was upgraded by Susquehanna.

Since June 1, 2017, it had 0 insider buys, and 1 insider sale for $230,750 activity.

Investors sentiment decreased to 0.82 in Q2 2017. Its down 0.33, from 1.15 in 2017Q1. It dropped, as 48 investors sold AMAT shares while 346 reduced holdings.

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. The institutional investors in our partner's database now hold: 826.54 million shares, down from 833.19 million shares in 2017Q1. Bedrijfstakpensioenfonds Voor De Media Pno has invested 0.29% in Applied Materials, Inc. (NASDAQ:AMAT). Mitsubishi Ufj Holdg Comm invested in 1.62% or 7,330 shares. Price T Rowe Associates Md has 0.18% invested in Applied Materials, Inc. (NASDAQ:AMAT). Brighton Jones Ltd Liability Corporation accumulated 5,218 shares. Pensionfund Dsm Netherlands owns 0.67% invested in Applied Materials, Inc. (NASDAQ:AMAT) shares were sold by Forrest Stephen R. Bridges Counsel holds 4.47% or 136,757 shares in its portfolio. Profund Advisors Lc holds 304,641 shares. Emerald Mutual Fund Advisers Tru has 1% invested in Sarepta Therapeutics Inc (NASDAQ:SRPT) for 678,270 shares. (NASDAQ:AMAT) for 233,200 shares. Wade G W invested in 3.51% or 192,232 shares. Hanseatic Svcs accumulated 70,806 shares. Twin Capital Management reported 194,520 shares stake. Alpha Cubed Ltd Liability Company reported 8,700 shares stake. Commonwealth Bank of Australia grew its holdings in Applied Materials by 2.7% during the second quarter. (NASDAQ:AMAT). Baystate Wealth Management Limited owns 0% invested in Applied Materials, Inc. Selway Asset Mgmt owns 52,187 shares or 4.3% of their United States portfolio. Moreover, 1St Global Advsrs Incorporated has 0.03% invested in Zagg Inc (NASDAQ:ZAGG) for 27,912 shares.

More notable recent Apple Inc. (NASDAQ:AMAT) news were published by: Globenewswire.com which released: "Applied Materials to Hold Q4 & FY2017 Earnings Webcast on November 16, 2017 at ..." on November 03, 2017, also Seekingalpha.com with their article: "Applied Materials Beats, Raises, CEO Gets Bullish" published on November 20, 2017, Seekingalpha.com published: "The Applied Materials Super-Cycle Is In Full Swing" on November 22, 2017. (NASDAQ:AMAT). Kansas-based Waddell Reed has invested 0.62% in Applied Materials, Inc. Finally, TIAA CREF Investment Management LLC grew its holdings in Applied Materials by 7.6% during the 2nd quarter.

Analysts await Travelers Companies Inc (NYSE:TRV) to report earnings on January, 23. They expect $0.10 earnings per share, down 16.67% or $0.02 from last year's $0.12 per share. TRV's profit will be $590.29 million for 15.03 P/E if the $2.16 EPS becomes a reality. The manufacturing equipment provider reported $0.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.91 by $0.02. Wunderlich Capital Managemnt now owns 3,037 shares of the manufacturing equipment provider's stock valued at $125,000 after buying an additional 87 shares during the period. Therefore 50% are positive. The company now has a consensus rating of "Buy" and an average price target of $60.85. Apple Inc. had 332 analyst reports since July 21, 2015 according to SRatingsIntel. The company was downgraded on Thursday, December 10 by CLSA. The rating was maintained by Needham with "Buy" on Monday, September 18. The company was maintained on Tuesday, October 6 by Deutsche Bank. As per Friday, June 10, the company rating was maintained by RBC Capital Markets. The firm has "Hold" rating given on Tuesday, August 1 by Oppenheimer. The company was maintained on Wednesday, August 5 by TH Capital.


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