LLC Takes Position in Applied Materials, Inc. (AMAT)

It has outperformed by 12.93% the S&P500.

Epoch Investment Partners Inc decreased Applied Matls Inc (AMAT) stake by 11.12% reported in 2017Q2 SEC filing. Bessemer Group Inc. increased its stake in shares of Applied Materials by 145.4% in the second quarter. The value in dollars increased from $361,000 to $385,000 increasing 6.6% since the last quarter.

Shares of Applied Materials, Inc. Balyasny Asset Limited Liability Corporation accumulated 1.87 million shares or 0.32% of the stock. About 3.98 million shares traded. Applied Materials, Inc. (NASDAQ:AMAT) has risen 121.40% since October 21, 2016 and is uptrending. It has outperformed by 104.70% the S&P500. Stifel Nicolaus reaffirmed a "buy" rating and issued a $61.00 price target (up from $55.00) on shares of Applied Materials in a research note on Friday, August 18th.

Among 24 analysts covering Applied Materials Inc. (NASDAQ:AMAT) shares passing the 70 level, the stock is now considered to be in overbought territory and ripe for a potential pullback. Therefore 96% are positive. Citigroup Inc. raised their price objective on shares of Applied Materials from $31.00 to $32.00 and gave the stock a "buy" rating in a report on Friday, August 19th. (NASDAQ:AMAT) on Friday, August 19 with "Sector Perform" rating. The company was downgraded on Tuesday, April 19 by Susquehanna. As per Tuesday, August 11, the company rating was maintained by Pacific Crest.

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After $0.70 actual EPS reported by QUALCOMM, Inc. for the previous quarter, Wall Street now forecasts -1.43% negative EPS growth. In looking the SMA 200 we see that the stock has seen a -11.93%.The Company's net profit margin for the 12 months at 16.90%.

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 14th. The company was maintained on Monday, July 10 by DA Davidson. The company has market cap of $3.73 million. The institutional investor held 1.53 million shares of the technology company at the end of 2017Q2, valued at $63.17M, down from 1.86M at the end of the previous reported quarter. Texas Instrs Inc (NASDAQ:TXN) was raised too. The legal version of this news story can be viewed at https://weekherald.com/2017/10/19/the-manufacturers-life-insurance-company-has-74-63-million-holdings-in-applied-materials-inc-amat.html.

AMAT has been the topic of a number of research reports.

Analysts expect Chembio Diagnostics Inc (NASDAQ:CEMI) to report $-0.11 EPS on November, 9.They anticipate $0.08 EPS change or 42.11% from last quarter's $-0.19 EPS. AMAT's profit will be $959.86M for 15.29 P/E if the $0.90 EPS becomes a reality. The ROA for Applied Materials, Inc. tells us exactly what earnings were generated from the invested capital. For shareholders, given the total diluted outstanding shares of 1.08 billion, this means overall earnings per share of 0.85. It worsened, as 48 investors sold AMAT shares while 346 reduced holdings. 105 funds opened positions while 219 raised stakes. Fdx Advisors has invested 0.01% in Applied Materials, Inc. LLC purchased a new position in Applied Materials, Inc. After this sale, 80,178 common shares of AMAT are directly owned by the insider, with total stake valued at $4,436,249. Legacy Private Trust holds 0.27% or 52,089 shares. Daiwa Sb stated it has 13,080 shares. Moreover, Ubs Oconnor Limited has 0% invested in Applied Materials, Inc.

Applied Materials (NASDAQ:AMAT) last released its earnings results on Thursday, August 17th. (NASDAQ:AMAT) for 47,200 shares. Grassi Investment invested 2.25% of its portfolio in Applied Materials, Inc. More interesting news about Applied Materials, Inc.

USA stocks open lower after record highs
However, the company reported mixed guidance for the fourth quarter, sending the stock down 4.5 percent in early trading. Technology companies and banks are leading USA stocks slightly lower in midday trading on Wall Street.

First United Bank Trust holds 2.09% of its portfolio in First United Corp for 206,658 shares. Jbf Capital stated it has 0.89% of its portfolio in Applied Materials, Inc. (NASDAQ:ROST). Nordea Ab holds 17,813 shares. The insider now directly owns 79,159 shares worth $4,379,867. Also, there are 2 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.43 average brokerage recommendation. HT Group PLC had 18 analyst reports since August 18, 2015 according to SRatingsIntel. The stock has seen its SMA50 which is now 16.54%. The firm has "Add" rating by Numis Securities given on Tuesday, January 12. The rating was maintained by Keefe Bruyette & Woods on Wednesday, September 13 with "Hold".

On September 18 the company was upgraded from "Sector Perform" to "Outperform" in an announcement from RBC Capital. The firm has "Buy" rating by Needham given on Thursday, October 19. The stock has "Hold" rating by FinnCap on Friday, August 21.

Investors sentiment decreased to 0.9 in Q2 2017.

Fatal landslide in Malaysia kills three, more feared dead
Penang Fire and Rescue Department director Saadon Mokhtar confirmed the third victim was found at 1.15pm Saturday. Most people trapped are suspected to be foreign construction workers employed at the site, fire officials said.

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