Economy

Cabot Microelectronics Corporation (CCMP) Plans Quarterly Dividend of $0.20

The dividend payment was $0.200 per share for the quarter or $0.80 on an annualized basis. Cabot Microelectronics Corp now has $1.98B valuation. The stock rose 1.73% or $1.36 reaching $79.79 per share. About 155,207 shares traded. Cabot Microelectronics Corporation (NASDAQ:CCMP) has risen 87.31% since September 28, 2016 and is uptrending. It has outperformed by 70.61% the S&P500. Vanguard Gru stated it has 2.36M shares. Uniqure NV (NASDAQ:QURE) has declined 52.65% since September 28, 2016 and is downtrending. It has outperformed by 33.53% the S&P500.

Investors sentiment increased to 1.59 in Q2 2017. Its up 0.41, from 1.4 in 2017Q1.

Sell-side analyst recommendations point to a short term price target of $62.5 on the shares of Lydall, Inc. 43 funds opened positions while 102 raised stakes. Bancorp Of America De holds 0% or 205,550 shares in its portfolio. Gotham Asset Ltd Company has 46,316 shares. It also upped Jm Smucker Co (NYSE:SJM) stake by 50 shares and now owns 1,150 shares. Klein now owns $2,205,399 of stock as recorded in a recent Form 4 SEC filing. Dupont Cap Management reported 0.13% in Morgan Stanley (NYSE:MS). 432 were accumulated by Da Davidson &. Cambridge Rech Advsrs Incorporated reported 34,554 shares. Segantii Cap Mngmt Limited, a Hong Kong-based fund reported 200 shares. Bnp Paribas Arbitrage Sa holds 9,973 shares or 0% of its portfolio. The company has a market capitalization of $1.73 billion, a PE ratio of 24.67 and a beta of 1.33. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. Therefore 50% are positive. Oneok Partners had 37 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has "Sell" rating by Societe Generale on Wednesday, January 13. The firm earned "Neutral" rating on Thursday, February 11 by Citigroup. (NASDAQ:IDCC) has "Buy" rating given on Tuesday, September 29 by Sidoti. Peel Hunt downgraded the shares of RCDO in report on Thursday, November 19 to "Add" rating. Sandler O'Neill downgraded the stock to "Hold" rating in Thursday, October 6 report. The count of Hold ratings in that period was 3.

Since May 5, 2017, it had 0 insider purchases, and 2 insider sales for $2.14 million activity. In the last 90 days, insiders sold 190,044 shares of company stock valued at $12,959,195. Needham maintained Cabot Microelectronics Corporation (NASDAQ:CCMP) rating on Monday, September 18.

Ranger Investment Management L.P. holds 1.43% of its portfolio in Cabot Microelectronics Corporation for 271,410 shares. Therefore 80% are positive. Cabot Microelectronics had 2 analyst reports since March 17, 2017 according to SRatingsIntel. The rating was upgraded by Aegis Capital on Friday, March 17 to "Buy". Needham & Company LLC reissued a "buy" rating and set a $85.00 target price on shares of Cabot Microelectronics Corporation in a research note on Tuesday, September 19th.

Cabot Microelectronics Corporation (NASDAQ:CCMP) last issued its earnings results on Thursday, July 27th.

Several analysts have recently weighed in on CCMP shares. Its up 0.38, from 1.21 in 2017Q1. The total value of its holdings increased 259.8%. Finally, BlackRock Fund Advisors boosted its stake in Cabot Microelectronics by 9.0% in the third quarter. Ftb Advisors Inc owns 52 shares or 0% of their United States portfolio. Susquehanna Intll Group Limited Liability Partnership holds 0% or 5,200 shares in its portfolio. Acadian Asset Mngmt accumulated 0.02% or 65,725 shares. Utd Svcs Automobile Association has invested 0.01% in Cabot Microelectronics Corporation (NASDAQ:CCMP). It also upped Acadia Realty Trust Reit (NYSE:AKR) stake by 40,769 shares and now owns 164,145 shares. The Massachusetts-based Wellington Gp Llp has invested 0% in Cabot Microelectronics Corporation (NASDAQ:CCMP). Ameriprise Finance has invested 0.01% in Cabot Microelectronics Corporation (NASDAQ:CCMP). Amalgamated Retail Bank invested in 3,573 shares. Moreover, Tiaa Cref Mgmt Limited Co has 0.01% invested in Cabot Microelectronics Corporation (NASDAQ:CCMP) for 123,281 shares. Mckinley Capital Mngmt Lc Delaware holds 0.14% or 51,776 shares in its portfolio.

Cabot Microelectronics Corporation (CCMP) opened the session with a $74.98 price tag, later ranging from $73.7 to $78, the range at which the stock has traded at throughout the day. They expect $0.86 earnings per share, down 5.49% or $0.05 from last year's $0.91 per share. CCMP's profit will be $21.75M for 23.22 P/E if the $0.86 EPS becomes a reality. The semiconductor company reported $0.81 EPS for the quarter, missing analysts' consensus estimates of $0.84 by ($0.03).

Hap Trading Llc increased Texas Instrs Inc (NASDAQ:TXN) stake by 7,537 shares to 59,937 valued at $4.61 million in 2017Q2.



Like this

Latest


01 October 2017
Kashmir police announces cash reward for credible information in braid chopping incidents
The J&K Police on its twitter account announced that the reward amount has been increased to Rs.6 lakh from the earlier Rs.3 lakh.

01 October 2017
Heavy rains in Chennai affect flight operations
Since 1996, Tamil Nadu has recorded its highest rainfall during southwest monsoon (June - September). Northeast Monsoon is a three-month long season, that officially begins on October 1.

01 October 2017
Scotland's weather: Heavy rain and gales forecast for Sunday
On Saturday the leftover of Hurricane Lee will be unleashed, followed by Hurricane Maria on Sunday. However, they are still expected to bring wet and windy weather , with swells of up to ten feet.

01 October 2017
Analysts Watch CyberArk Software Ltd. (NASDAQ:CYBR) And Issue New Targets
ValuEngine cut shares of CyberArk Software from a "hold" rating to a "sell" rating in a research report on Friday, September 1st. Based on a recent bid, the stock is trading -27.11% away from it's 52- week high and 4.22% away from its 52 week low.

01 October 2017
Frequent sauna baths may keep blood pressure in check
Additionally, sauna bathing may also lower systemic blood pressure due to overall relaxation of the body and mind, they said. It is especially significant in India where studies show that 31% urban men suffer from hypertension .

01 October 2017
Fear Factor: Khatron Ke Khiladi: Shantanu Maheshwari Takes Homes The Trophy
Kolkata boy Shantanu, who is also an exceptional dancer impressed all with his mind power, strength, and consistent performances. When asked about his experience of Khatron Ke Khiladi , Shantanu said, "It was the most wonderful experience".

01 October 2017
Norinchukin Bank The Acquires 25100 Shares of Dollar General Corporation (DG)
Wharton Business Group Llc decreased General Motors Co (GM) stake by 95.11% reported in 2017Q2 SEC filing. (NYSE:DG). Pacer Advisors Inc. increased its holdings in shares of Dollar General Corporation by 3.2% in the first quarter.

01 October 2017
Brokerages Set Republic Services, Inc. (RSG) Target Price at $74.00
Republic Services, Inc.is a provider of non-hazardous solid waste collection, transfer, disposal, recycling and energy services. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Republic Services in a report on Thursday, September 7th.

01 October 2017
Steel Dynamics, Inc. (STLD) Holdings Lifted by Tudor Investment Corp ET AL
Its segments include steel operations, metals recycling operations, steel fabrication operations and Other Operations. The Bluecrest Capital Management Ltd holds 298,092 shares with $8.60 million value, up from 243,039 last quarter.

01 October 2017
Donald Trump Set To Appear On 'Hannity' For Exclusive Interview
WDTV states the event is invitation only and will take place at the Metropolitan Theatre. Hannity is among Trump's most ardent allies in the media.



Recommended