Vetr Inc. Downgrades Applied Materials, Inc. (AMAT) to Hold

Marco Green
September 18, 2017

Institutional owners hold 82.50% stake while Insiders ownership held at 0.10% in the company. RMB Capital Management LLC now owns 6,280 shares of the manufacturing equipment provider's stock worth $244,000 after buying an additional 60 shares in the last quarter. Finally, BT Investment Management Ltd purchased a new stake in Applied Materials in the second quarter worth approximately $25,536,000. The stock increased 2.02% or $0.93 during the last trading session, reaching $47.05. Considering that the stock daily volume of 12.34 million shares, this represents a pretty noteworthy trading in volume size. Finally, Susquehanna Bancshares Inc reissued a "neutral" rating and issued a $27.00 target price (up from $25.00) on shares of Applied Materials in a research note on Wednesday, December 28th. Marshall Wace LLP now owns 2,891,352 shares of the manufacturing equipment provider's stock worth $93,304,000 after buying an additional 2,858,659 shares in the last quarter. For the quarter, shares have been noted at 10.54%. The company has market cap of $49.19 billion. The stock increased 2.22% or $0.13 on September 15, reaching $5.99.

About 2,004 shares traded. (XLNX) has risen 52.08% since September 15, 2016 and is uptrending. It has outperformed by 7.63% the S&P500. It also reduced its holding in Boeing Co (NYSE:BA) by 4,320 shares in the quarter, leaving it with 38,691 shares, and cut its stake in Home Depot Inc (NYSE:HD).

Applied Materials (NASDAQ:AMAT) last issued its quarterly earnings results on Thursday, November 17th. Applied Materials had a return on equity of 28.09% and a net margin of 15.90%. The company's revenue was up 32.7% on a year-over-year basis. Applied Materials's dividend payout ratio (DPR) is now 14.18%. (AMAT) Stock Keep the Good Times Rolling?" published on September 07, 2017 as well as Nasdaq.com's news article titled: "January 2020 Options Now Available For Applied Materials (AMAT)" with publication date: "September 11, 2017. The other 21, though not evenly; between analysts who think you should buy Applied Materials, Inc. versus those who think you should sell it. Four research analysts have rated the stock with a hold rating and twenty-two have assigned a buy rating to the stock. Therefore 86% are positive. Deutsche Bank maintained the shares of AMAT in report on Friday, August 18 with "Buy" rating. RBC Capital Markets maintained it with "Sector Perform" rating and $16 target in Friday, August 14 report. The stock of Applied Materials, Inc. (NASDAQ:AMAT) for 1.62 million shares. (NASDAQ:AMAT) has "Hold" rating given on Wednesday, April 26 by RBC Capital Markets. (NASDAQ:AMAT) on Tuesday, August 11 to "Buy" rating.

August 18 investment analysts at Credit Suisse left the stock rating at "Outperform" but moved up the price target to $62.00 from $30.00. (The) now has $52.00 price target on the manufacturing equipment provider's stock, up from their prior price target of $49.00.

Investors sentiment decreased to 1.04 in 2016 Q4. Its down 0.33, from 1.15 in 2016Q3. (NASDAQ:AMAT) for 55,000 shares. The manufacturing equipment provider reported $0.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.84 by $0.02. Outfitter Advisors LTD. raised its holdings in Applied Materials by 1.5% in the first quarter. (NASDAQ:AMAT) for 57,853 shares. Moreover, Perkins Coie Trust has 0% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 5.65M shares. Bancorporation Of Montreal Can, a Ontario - Canada-based fund reported 8.99M shares. Rhumbline Advisers holds 1.69M shares. Investors of record on Friday, November 24th will be paid a $0.10 dividend. Its Average True Range (ATR) value figured out at 0.54. Virginia Retirement Sys Et Al holds 691,500 shares or 0.31% of its portfolio. 9,866 were reported by Pennsylvania Tru Communication. X Mgmt Ltd Liability Corporation has invested 0.02% of its portfolio in Applied Materials, Inc. However, the institutional investors are observed to own 82.50% of the total shares. Its down 0.13, from 0.82 in 2016Q3. It worsened, as 64 investors sold AMAT shares while 272 reduced holdings. 8 funds opened positions while 14 raised stakes. (AMAT) Stock Rating Upgraded by Goldman Sachs Group, Inc. Sumitomo Life Ins Communication accumulated 34,746 shares. Reilly Financial Advsr Limited Liability Corporation invested in 0.01% or 1,512 shares. (NYSE:XRM). Rockefeller Fincl Svcs holds 0% or 1,026 shares. The SI to Prima Biomed Limited Ads's float is 0.66%. Commercial Bank Of America De owns 70,940 shares or 0% of their United States portfolio.

Capital Impact Advisors Llc holds 0.46% of its portfolio in IDT Corporation for 59,476 shares. Loring Wolcott & Coolidge Fiduciary Advisors Llp Ma stated it has 1,444 shares or 0% of all its holdings. The Massachusetts-based Bogle Investment Management L P De has invested 0.1% in the stock. Gsa Capital Partners Llp owns 121,785 shares or 0.13% of their U.S. portfolio.

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