Science

Amalgamated Bank Increases Holdings in Applied Materials, Inc. (AMAT)

Company insiders own 0.31% of the company's stock. The hedge fund held 101,891 shares of the technology company at the end of 2017Q2, valued at $4.21M, down from 118,057 at the end of the previous reported quarter. The company has market cap of $54.40 billion. Capital Growth Management LP now owns 1,150,000 shares of the manufacturing equipment provider's stock worth $59,904,000 after purchasing an additional 380,000 shares in the last quarter. The shares were sold at an average price of $51.24, for a total transaction of $1,537,200.00.

Wells Fargo has just issued a "Outperform" rating for Applied Materials (NASDAQ:AMAT) shares. It has outperformed by 104.70% the S&P500.

Allen Investment Management Llc decreased Dover Corp (NYSE:DOV) stake by 9,811 shares to 9,722 valued at $780,000 in 2017Q2. Clark Capital Management Group Inc bought 93,819 shares as the company's stock rose 6.85% with the market. "(AMAT) Position Raised by Twin Capital Management Inc." was reported by StockNewsTimes and is the property of of StockNewsTimes. The stock decreased 1.64% or $1.76 during the last trading session, reaching $105.46. About 5.59 million shares traded or 4.28% up from the average. United Therapeutics Corporation (NASDAQ:UTHR) has risen 9.78% since December 7, 2016 and is uptrending. It has underperformed by 7.44% the S&P500.

Investors sentiment decreased to 0.82 in 2017 Q2. The firm has a market cap of $50.29 billion, a price-to-earnings ratio of 19.35 and a beta of 1.81. It is negative, as 48 investors sold AMAT shares while 346 reduced holdings. 105 funds opened positions while 219 raised stakes. 826.54 million shares or 0.80% less from 833.19 million shares in 2017Q1 were reported. Alexandria Limited Liability has invested 0% in Applied Materials, Inc. (NASDAQ:AMAT) by 6.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. Jane Street Grp Inc Limited Liability Company has 0.02% invested in Applied Materials, Inc. Capital Research Global Investors now owns 17,724,836 shares of the manufacturing equipment provider's stock valued at $732,213,000 after acquiring an additional 2,284,836 shares in the last quarter. (NASDAQ:AMAT). Liberty Mutual Group Incorporated Asset Incorporated invested in 0.12% or 70,473 shares. Cranbrook Wealth Mgmt Ltd Liability Company stated it has 0.02% in Applied Materials, Inc. (NASDAQ:AMAT). Moreover, Intersect Cap Llc has 0.14% invested in Applied Materials, Inc. Applied Materials has a 1-year low of $22.17 and a 1-year high of $46.86. (NASDAQ:AMAT) for 771,187 shares. The manufacturing equipment provider reported $0.93 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.91 by $0.02. 87,942 are owned by Commonwealth National Bank Of Aus. The Allen Investment Management Llc holds 6,434 shares with $835,000 value, up from 3,868 last quarter. Applied Materials's revenue for the quarter was up 44.7% on a year-over-year basis. Royal Bank of Canada restated a hold rating and set a $35.00 price objective on shares of Applied Materials in a research report on Tuesday, April 25th. (NASDAQ:AMAT) for 2.30 million shares. Applied Materials had a net margin of 15.90% and a return on equity of 28.09%. Finally, Argus restated a buy rating and set a $43.00 price objective (up previously from $34.00) on shares of Applied Materials in a research report on Wednesday, February 22nd. Therefore 96% are positive. Applied Materials Inc. had 106 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was downgraded by CLSA on Thursday, December 10 to "Outperform". RBC Capital Markets maintained the shares of AMAT in report on Tuesday, August 1 with "Hold" rating. (NASDAQ:AMAT) on Friday, August 19 with "Buy" rating. The firm has "Overweight" rating by KeyBanc Capital Markets given on Friday, November 17. Piper Jaffray maintained it with "Buy" rating and $130.0 target in Tuesday, October 31 report. (NASDAQ:AMAT) for 65,567 shares. The Oregon-based Mengis Mgmt has invested 0.2% in Applied Materials, Inc. (NASDAQ:AMAT). Massmutual Fsb Adv invested 0% in Applied Materials, Inc.

More notable recent Applied Materials, Inc.

In a research note shared with investors and clients on Wednesday morning, research analysts at Wells Fargo has initiated coverage for Applied Materials (NASDAQ:AMAT) shares. Maryland-based Profund Advsr Limited Liability has invested 0.57% in Applied Materials, Inc. (NASDAQ:AMAT) were released by: Nasdaq.com and their article: "Applied Materials Becomes Oversold (AMAT)" published on December 04, 2017 as well as Seekingalpha.com's news article titled: "Booming Chips" with publication date: November 28, 2017. Creative Planning owns 4,650 shares or 0% of their United States portfolio. It also increased its holding in Amazon.Com (NASDAQ:AMZN) by 350 shares in the quarter, for a total of 1,250 shares, and has risen its stake in Home Depot Inc. About 8.12M shares traded.

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 13 have Buy rating, 5 Sell and 5 Hold. Therefore 53% are positive. Johnson & Johnson had 83 analyst reports since August 7, 2015 according to SRatingsIntel. Needham & Company LLC upped their price target on shares of Applied Materials from $43.00 to $50.00 and gave the company a buy rating in a research report on Monday, May 15th. The company was maintained on Friday, July 7 by Morgan Stanley. The rating was maintained by RBC Capital Markets with "Buy" on Friday, November 10.



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