Time To Sell Albemarle Corp (NYSE:ALB)? Goldman Sachs Downgrades Shares Today

Time To Sell Albemarle Corp (NYSE:ALB)? Goldman Sachs Downgrades Shares Today

In the past 3-month period alone, shares of ALB have appreciated +8.82 - or +7.43%. The stock decreased 1.36% or $1.8 during the last trading session, reaching $130.35. Otonomy, Inc. (NASDAQ:OTIC) has risen 14.63% since December 5, 2016 and is uptrending. It has outperformed by 19.10% the S&P500.

Luminus Management Llc decreased Albemarle Corp (ALB) stake by 17.12% reported in 2017Q2 SEC filing. The Luminus Management Llc holds 95,569 shares with $10.09 million value, down from 115,316 last quarter. The total number of shares traded in the last 12 months is 203,749.

The stock of Albemarle Corporation (NYSE:ALB) registered a decrease of 17.46% in short interest. It has outperformed by 28.90% the S&P500. Zacks Investment Research raised Albemarle from a "hold" rating to a "buy" rating and set a $118.00 price target for the company in a research report on Tuesday, April 4th. Therefore 42% are positive.

Analysts await Otonomy, Inc. The rating was downgraded by SunTrust on Wednesday, August 9 to "Hold". As per Tuesday, January 19, the company rating was maintained by Credit Suisse. UBS maintained it with "Neutral" rating and $84 target in Thursday, August 4 report. The company was maintained on Thursday, June 30 by Stifel Nicolaus. Jefferies maintained Albemarle Corporation (NYSE:ALB) rating on Tuesday, December 29. Stifel Nicolaus maintained Blackbaud, Inc. The stock has "Buy" rating by Oppenheimer on Wednesday, August 16. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.11 and a quick ratio of 1.56. 132 funds opened positions while 703 raised stakes. Finally, TIAA CREF Investment Management LLC raised its holdings in Albemarle by 69.2% during the second quarter. Sector Pension Investment Board accumulated 12,400 shares. Cantab Capital Ptnrs Llp holds 0% or 5,211 shares. Cap has 792,493 shares. Fiduciary Fincl Of The Southwest Inc Tx reported 2,970 shares or 0.1% of all its holdings. Dubuque Bancorp And Trust Co invested in 0% or 15 shares. Synovus invested 0.73% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). (NASDAQ:OTIC). Citigroup owns 0% invested in Otonomy, Inc. (NASDAQ:BLKB) for 75,600 shares. Fifth Third Fincl Bank holds 0.06% or 82,687 shares in its portfolio. Lombard Odier Asset Mgmt (Switzerland) Sa accumulated 12,913 shares or 0.16% of the stock.

Picton Mahoney Asset Management lowered its position in shares of Albemarle Co. The company has a market cap of $14,142.33, a PE ratio of 31.68, a PEG ratio of 1.94 and a beta of 1.69. With 15.0% growth Year on Year set for over five year period Albemarle Corporation has enough growth left to justify 45.65 PE. The firm offers Raiser's Edge NXT and Blackbaud CRM, which are fundraising and relationship management solutions; Luminate CRM for campaign management, constituent relations, business intelligence, and analytics; eTapestry, a cloud fundraising and donor management solution; and everydayhero, a cloud crowdfundraising solution. Hudson Valley Inv Advisors Inc Adv reported 0.06% of its portfolio in Albemarle Corporation (NYSE:ALB). Therefore 50% are positive.

The average Wall Street analyst rating for Albemarle Corporation is Hold, according to the average of 17 analyst scores. As per Thursday, March 10, the company rating was downgraded by Seaport Global. Three investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. The firm earned "Neutral" rating on Monday, September 25 by Robert W. Baird. Jefferies maintained the shares of ALB in report on Monday, October 23 with "Buy" rating.

More news: Five frontier states in east to get border security grid: Rajnath Singh

In a note made public on 6 October, Goldman Sachs revealed that they have chose to downgrade shares of Albemarle Corp (NYSE:ALB) to a Hold. (NASDAQ:OTIC) has "Hold" rating given on Thursday, November 9 by Piper Jaffray. Albemarle Co. has a twelve month low of $85.41 and a twelve month high of $144.99. The firm has "Buy" rating given on Monday, November 2 by Citigroup. Jennison Associates LLC now owns 7,797,076 shares of the specialty chemicals company's stock worth $1,062,819,000 after acquiring an additional 1,375,546 shares in the last quarter. Friess Associates Ltd stated it has 1.66% of its portfolio in Albemarle Corporation (NYSE:ALB).

Investors sentiment increased to 1.25 in 2017 Q2. This represents a $1.28 annualized dividend and a dividend yield of 0.99%.

The most recent non open market insider trade was completed by TAGGART HARRIETT TEE on 11/21/2017, and was a disposition of 2,500 shares with a final price of $0. Great West Life Assurance Can owns 4,908 shares. Eaton Vance owns 93,204 shares. Cambridge reported 3,660 shares stake.

Shares of MasTec, Inc. They expect $1.18 EPS, up 51.28% or $0.40 from last year's $0.78 per share. Strs Ohio has 8,984 shares for 0% of their portfolio. Virtus Invest Advisers has 0.13% invested in Albemarle Corporation (NYSE:ALB). Capital Innovations Ltd Com, Wisconsin-based fund reported 4,460 shares. Germany-based Dekabank Deutsche Girozentrale has invested 0.01% in Albemarle Corporation (NYSE:ALB). Hap Trading Lc holds 0.06% in Albemarle Corporation (NYSE:ALB) or 11,397 shares.

Kingdon Capital Management Llc increased Ishares Tr (Put) (HYG) stake by 350,000 shares to 500,000 valued at $44.20M in 2017Q2. Spdr S&P 500 Etf Trust (SPY) was reduced too.

  • Comprehensive Stock Analysis Of Gulfport Energy Corp. (GPOR)

    Several research analysts have weighed in on the company. 1 is equivalent to a buy rating, 3 a hold rating, and 5 a sell rating. Williams Capital Group maintained Gulfport Energy Corporation (NASDAQ: GPOR ) on Wednesday, August 9 with "Buy" rating.
    NYC's first snow of the season possible this weekend

    NYC's first snow of the season possible this weekend

    Light snow is expected to develop Friday evening in northern counties before it slides south, covering much of the Chicago area. Tomorrow: Chance for snow flurries throughout the morning with a winter weather advisory in effect until noon.

    Comcast Corporation (CMCSA) Position Cut by Fiera Capital Corp

    Large investors have recently bought and sold shares of the business. 110 funds opened positions while 468 raised stakes. For CMCSA, the company now has $4.11 Billion of cash on the books, which is offset by $5.24 Billion current liabilities.
  • Former Patriots, Colts Coach Ron Meyer Dies at Age 76

    Former Patriots, Colts Coach Ron Meyer Dies at Age 76

    Henderson recounted how backup quarterback Matt Cavanaugh, who was the holder on the field goal, showed him exactly where to plow. Later in his life, Meyer coached short-lived franchises of the CFL in Las Vegas and the XFL in Chicago, and became a TV analyst.

    Wall Street Analysts Forecast 1.1% on NextEra Energy, Inc. (NYSE:NEE)

    This ratio also gives some idea of whether you're paying too much for what would be left if the company went bankrupt immediately. The firm has a market capitalization of $2,041.46, a price-to-earnings ratio of 27.27, a PEG ratio of 3.85 and a beta of 1.19.

    James Washington named 2017 Walter Camp First-Team All-American

    Edwards, senior TE Troy Fumagalli and freshman RB Jonathan Taylor each earned spots on the Walter Camp All-America second team. The only freshman named to this year's Walter Camp All-America team, Taylor is in the midst of a historic rookie season.
  • Man Utd ace Mata: We're waiting for Man City to stumble

    Man Utd ace Mata: We're waiting for Man City to stumble

    When you are exhausted of Zlatan Ibrahimovic , you are exhausted of life. "That I have now proved, rather than just saying it". Following the expiry of his contract, United subsequently extended his stay.
    Scarlett Moffatt backs Iain Lee amid I'm A Celeb bullying accusations

    Scarlett Moffatt backs Iain Lee amid I'm A Celeb bullying accusations

    The pair unleashed a series of insults both to his face and behind his back in the series' most shocking episode yet. If ever I have seen a classic example of Little Man syndrome, it has to be Dennis Wise providing it.
    FromSoftware Teases Next Game at The Game Awards

    FromSoftware Teases Next Game at The Game Awards

    Shadows Strike Twice, but what does that mean? But sadly, aside from a super short teaser trailer, not much else is know. All you can see is some sort of gruesome looking device made of bone, which contains a spindle for a blood-soaked rope.
  • North Korea FM: US Threats Make War Unavoidable

    North Korea FM: US Threats Make War Unavoidable

    Feltman met North Korean foreign minister Ri Yong Ho on Thursday, North Korea's official KCNA news agency said. McMaster said at the weekend that the possibility of war with North Korea was "increasing every day".
    Novartis aims to broaden use of breast cancer drug

    Novartis aims to broaden use of breast cancer drug

    Dawn Hershman, who heads the Breast Cancer Program at NewYork-Presbyterian/Columbia University Medical Center, also in New York City.
    Most Americans say senior Trump officials probably had 'improper' contact with Russian Federation

    Most Americans say senior Trump officials probably had 'improper' contact with Russian Federation

    About a quarter of conservatives said that the officials likely had improper contacts, while more than 80 percent of liberals did. Democrats and Republicans were starkly divided in their beliefs on the issue.