Economy

Applied Materials' (NASDAQ:AMAT) Buy Rating Reaffirmed at Credit Suisse Group

The stock declined 0.67% or $0.3 reaching $44.43 per share. Company shares have been seen trading 9.17% off of the 52 week high and -6.96% away from the 52 week low.

Criterion Capital Management Llc decreased Applied Matls Inc (AMAT) stake by 50.19% reported in 2016Q4 SEC filing. It has outperformed by 104.70% the S&P500. Strategic Global Advsr Llc owns 7,670 shares. The Balyasny Asset Management Llc holds 1.39 million shares with $12.16M value, up from 1.29 million last quarter. The Higher end of the revenue forecast is $3.72 Billion, while the Lower end of the forecast is $3.66 Billion. It closed at $10.05 lastly. Total SA (ADR) (NYSE:TOT) has risen 13.67% since September 7, 2016 and is uptrending.

Since June 1, 2017, it had 0 insider purchases, and 1 sale for $230,750 activity. Its down 0.33, from 1.15 in 2016Q3. Edge Asset Mgmt holds 2.62M shares or 0.65% of its portfolio. Volume on the day was 22.8 million shares. Traders who own the stock with a record date on Thurs, Aug 24th will be paid dividend of $0.10 for a share. this indicates a $0.40 annual dividend and a payout of 0.90%. 11,050 are held by Glenmede Na. 182,066 are held by Eagle Asset Mngmt Incorporated. The Ontario - Canada-based Royal Bancorp Of Canada has invested 0% in Two Harbors Investment Corp (NYSE:TWO). Ingalls & Snyder reported 44,550 shares or 0.08% of all its holdings. In the past three months the stock value plunged -4.23%. Legal & General Group Inc Plc invested in 0% or 255,502 shares. Share performance for the month is now at -1.03%. Guinness Asset Mgmt Ltd holds 0.67% or 86,540 shares in its portfolio. Prtn Grp Hldgs Ag reported 33,000 shares. It also upped Palo Alto Networks Inc (NYSE:PANW) stake by 138,330 shares and now owns 1.21 million shares. Four analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has issued a strong buy rating to the company's stock. Therefore 0 are positive. Two Harbors Investment had 27 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has "Outperform" rating given on Thursday, December 10 by CLSA. The company has market cap of $82.67 million. Deutsche Bank maintained it with "Buy" rating and $52 target in Friday, August 18 report. During the previous day stock price stayed within the range of $36.93 and $37.43. The firm earned "Mkt Perform" rating on Friday, February 19 by Raymond James. Simmons & Co downgraded the shares of TOT in report on Thursday, January 21 to "Neutral" rating.

Caldwell & Orkin Inc increased Fortune Brands Home & Scty (NYSE:FBHS) stake by 22,900 shares to 26,600 valued at $1.42 million in 2016Q4. Lululemon Athletica Inc. (NASDAQ:LULU) was raised too.

Investors sentiment decreased to 0.82 in 2016 Q4. Its down 0.33, from 1.15 in 2016Q3.

Several other institutional investors have also bought and sold shares of AMAT. For the quarter, shares have been noted at 0.51%.

Applied Materials, Inc. (AMAT)'s distance from 200 day simple moving average is 13.7 percent, its distance from 50 day simple moving average is 1.14 percent, while its distance from 20 day simple moving average is 1.78 percent.

Applied Materials (NASDAQ:AMAT) last posted its earnings results on Thursday, August 17th. (NASDAQ:AMAT) for 7,670 shares. Great West Life Assurance Can owns 986,564 shares. North Star Corporation stated it has 6,640 shares. Applied Materials's revenue was up 32.7% on a year-over-year basis.

Applied Materials (NASDAQ:AMAT) opened at 44.73 on Monday.

AMAT has been the subject of a number of other reports. The stock of Applied Materials, Inc.

TRADEMARK VIOLATION NOTICE: This news story was reported by BBNS and is the property of of BBNS. LSV Asset Management grew its stake in Applied Materials by 151.5% during the 1st quarter. (NASDAQ:AMAT) shares were sold by Forrest Stephen R. Newman Dignan & Sheerar accumulated 0.14% or 7,210 shares. (NASDAQ:AMAT) for 206 shares. $230,750 worth of Applied Materials, Inc.

Among 24 analysts covering Applied Materials Inc. Therefore 88% are positive.

Applied Materials, Inc. (AMAT) is expected to post revenue of $3.69 Billion in the current quarter, according to consensus of 16 analysts. Howard Weil maintained the stock with "Sector Outperform" rating in Thursday, October 8 report.

05/19/2017 - Applied Materials, Inc. had its "buy" rating reiterated by analysts at Needham & Company. The rating was upgraded by Nomura to "Buy" on Friday, March 18. (NASDAQ:AMAT) on Friday, February 19 with "Neutral" rating. The company was maintained on Wednesday, November 11 by Cowen & Co. On Friday, August 18 the stock rating was maintained by KeyBanc Capital Markets with "Overweight".

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