Economy

Applied Materials (NASDAQ:AMAT) Rating Lowered to Buy at Vetr

Applied Materials (NASDAQ:AMAT) Rating Lowered to Buy at Vetr

The institutional investor held 291,687 shares of the oil & gas production company at the end of 2017Q3, valued at $13.36 million, up from 278,822 at the end of the previous reported quarter. Applied Materials Inc. now has $56.46 billion valuation. The stock decreased 0.75% or $0.07 during the last trading session, reaching $9.27. The NASDAQ-listed company saw a recent bid of $53.45 on volume of 9.07 million shares. Oasis Petroleum Inc. (NYSE:OAS) has risen 26.53% since January 16, 2017 and is uptrending. It has outperformed by 104.70% the S&P500.

Matt Sirovich increased its stake in Retrophin Inc (RTRX) by 11.49% based on its latest 2017Q3 regulatory filing with the SEC. (NYSE:CTLT). Pacad Investment Ltd accumulated 8,800 shares or 0.08% of the stock. The stock decreased 12.71% or $0.0991 during the last trading session, reaching $0.6809. About 347,785 shares traded. (NASDAQ:AMAT) news were published by: Nasdaq.com which released: "Zacks.com highlights: Raymond James Financial, Cognizant Technology Solutions ..." on January 15, 2018, also Realmoney.Thestreet.com with their article: "If Applied Materials Stock Wants to Rally Again It Must Do This" published on December 20, 2017, Nasdaq.com published: "Zacks.com featured highlights include: Waste Management, Applied Materials ..." on January 09, 2018. It has underperformed by 14.18% the S&P500.

Investors sentiment increased to 1.13 in Q3 2017. Its up 0.46, from 1.16 in 2017Q2. It increased, as 40 investors sold Applied Materials, Inc. shares while 325 reduced holdings. 114 funds opened positions while 708 raised stakes. Cubist Systematic Strategies Ltd Limited Liability Company invested 0.03% of its portfolio in Catalent, Inc. (NASDAQ:JMBA). Northwestern Mutual Wealth Management Company reported 500 shares stake. Dimensional Fund Advisors Lp owns 0.01% invested in Retrophin, Inc. Geode Capital Mgmt Limited Liability has 1.77 million shares. (NASDAQ:AMAT) for 24,990 shares. The company has a quick ratio of 2.43, a current ratio of 3.14 and a debt-to-equity ratio of 0.57. Hallmark Capital Management Inc who had been investing in Apache Corporation for a number of months, seems to be bullish on the $17.97B market cap company. (NASDAQ:AMAT) by 2.59% during the September 2017 quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. Sivik Global Health Limited Liability Corporation holds 2.4% or 22,500 shares in its portfolio. (NASDAQ:AMAT). Deutsche Fincl Bank Ag holds 0.2% or 5.47M shares. Allen Inv Limited Liability Corporation invested 0.03% of its portfolio in Apache Corporation (NYSE:APA). Narrowing in further, the stock has been recently noted at -0.15% away from the 30 day high and +25.74% separated from the 30 day low. Financial Bank Of Mellon has invested 0% of its portfolio in Jamba, Inc. Therefore 33% are positive. CommScope Holding had 31 analyst reports since July 24, 2015 according to SRatingsIntel. As per Thursday, August 6, the company rating was maintained by Piper Jaffray. As per Tuesday, November 22, the company rating was reinitiated by Wedbush. The stock of Catalent, Inc. (NASDAQ:PTEN) on Wednesday, October 18 with "Hold" rating. It also reduced its holding in Wells Fargo & Co (NYSE:WFC) by 28,465 shares in the quarter, leaving it with 124,742 shares, and cut its stake in Allergan Inc. Darden Restaurants Inc (NYSE:DRI) was raised too.

Investors sentiment increased to 1.06 in 2017 Q3. Its down 0.25, from 1.66 in 2017Q2. 811.15 million shares or 1.86% less from 826.54 million shares in 2017Q2 were reported. Wealthfront holds 341,798 shares. State Street Corp boosted its holdings in Applied Materials by 2.1% during the 2nd quarter. $4.00 million worth of Microsoft Corporation (NASDAQ:MSFT) shares were sold by Hood Amy. Cowen & Co maintained Applied Materials, Inc. (NASDAQ:AMAT). Moreover, First Republic Investment Management has 0.02% invested in Applied Materials, Inc. (NASDAQ:AMAT). Inverness Counsel Llc New York holds 1.81% in Applied Materials, Inc. (NASDAQ:AMAT) or 21,690 shares. Kentucky Retirement Systems Insurance Trust Fund holds 28,416 shares or 0.26% of its portfolio. Horan Capital Advsrs Limited Liability Com has 0.03% invested in Applied Materials, Inc. 80,510 were reported by First Midwest Financial Bank Trust Division. (NASDAQ:AMAT). Sumitomo Mitsui Asset Mngmt holds 0.72% of its portfolio in Applied Materials, Inc. National Pension stated it has 378,977 shares or 0.1% of all its holdings. Fny Managed Accounts Ltd has invested 2.25% in Applied Materials, Inc. (NASDAQ:AMAT). 4,772 were reported by Fiduciary Company. 339,723 are owned by Gulf Intl Bank (Uk) Ltd. Becker Capital, a Oregon-based fund reported 5,304 shares.

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Analysts await Applied Materials, Inc. Of those analysts, 12 rate stock as a Strong Buy, 2 rate it as Hold, and just no analyst rates it as a Moderate Sell. Therefore 57% are positive.

Among 28 analysts covering Applied Materials Inc. The firm has "Buy" rating given on Wednesday, September 27 by KeyBanc Capital Markets. Mizuho downgraded the stock to "Neutral" rating in Wednesday, December 21 report. The company was maintained on Monday, July 10 by DA Davidson. Salehpour Ali sold $6.44 million worth of Applied Materials, Inc. The stock has "Buy" rating by Topeka Capital Markets on Wednesday, October 7. The stock has "Buy" rating by Credit Agricole on Tuesday, January 19. The firm has "Overweight" rating given on Friday, November 17 by KeyBanc Capital Markets. Credit Suisse Group raised their price objective on shares of Applied Materials from $62.00 to $72.00 and gave the stock an outperform rating in a research report on Friday, November 17th. As per Monday, February 13, the company rating was maintained by Cowen & Co.

D-E Shaw & Company Inc, which manages about $81.36B and $65.09 billion US Long portfolio, decreased its stake in Chemours Co (Put) by 10,000 shares to 140,000 shares, valued at $7.09M in 2017Q3, according to the filing. Mitchell Mcleod Pugh & Williams owns 25,320 shares.

Since August 4, 2017, it had 0 insider buys, and 3 sales for $513.86 million activity. (NASDAQ:AMAT) or 22,762 shares. Larkins Thomas F sold 30,000 shares worth $1.54 million. Millennium Mngmt Ltd Co accumulated 6.14 million shares. Forrest Stephen R also sold $214,680 worth of Applied Materials, Inc. The stock was sold at an average price of $53.00, for a total value of $2,833,698.00. Applied Materials's payout ratio is now 12.62%. The firm is expected to report its next quarterly earnings results on Wednesday, February 21st. They expect $0.97 EPS, up 44.78% or $0.30 from last year's $0.67 per share. AMAT's profit will be $1.02 billion for 13.78 P/E if the $0.97 EPS becomes a reality.


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