Erratic Trading Showing Unusual Volume in Shares of Albemarle Corporation (NYSE:ALB)

Marco Green
January 20, 2018

The Frontier Capital Management Co Llc holds 220,762 shares with $30.09M value, down from 224,010 last quarter. Rampart Mgmt Ltd Liability Corp has invested 0.07% in Albemarle Corporation (NYSE:ALB). According to their observations and findings, the stock could provide a high EPS of $1.29/share and a low EPS of $1.15/share. About 2.02M shares traded or 62.39% up from the average. It has outperformed by 19.13% the S&P500.

Patten Group Inc, which manages about $247.19 million US Long portfolio, decreased its stake in Vectren Corp (NYSE:VVC) by 994 shares to 6 shares, valued at $66,000 in 2017Q3, according to the filing. The stock witnessed -9% declines, -15.42% declines and -1.05% declines for the 1-month, 3-month and 6-month period, respectively. Zynga Inc now has $3.28B valuation. About 5.07M shares traded or 83.85% up from the average. Albemarle's dividend payout ratio is now 45.71%. It has underperformed by 18.72% the S&P500. Ten equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company's stock. Therefore 70% are positive. Zynga had 40 analyst reports since August 7, 2015 according to SRatingsIntel. Jefferies initiated Ignyta, Inc. The mean target price as estimated by the analysts for the company has been recorded at $144.21. On Tuesday, November 14 the stock rating was downgraded by Deutsche Bank to "Hold". On Thursday, November 9 the stock rating was maintained by RBC Capital Markets with "Buy". The firm has "Neutral" rating given on Wednesday, November 11 by UBS.

The Chemours Company insiders have sold a net of -25,445 shares during the past three months, which implies that the company's top executives have been feeling bearish about the stock's outlook. The firm has "Buy" rating given on Friday, August 7 by Wedbush. As per Wednesday, September 16, the company rating was maintained by Deutsche Bank. Nomura upped their price target on Albemarle from $146.00 to $154.00 and gave the company a "buy" rating in a research note on Tuesday, October 10th.

The Return on Invested Capital (aka ROIC) Score for Choheung Corporation (KOSE:A002600) is 1.928560.

On 5/11/2017 Albemarle announced a quarterly dividend of $0.32 1.16% with an ex dividend date of 6/13/2017 which will be payable on 7/3/2017. It fall, as 53 investors sold Albemarle Corporation shares while 158 reduced holdings. 35 funds opened positions while 38 raised stakes. (NYSE:TJX). Murphy Pohlad Asset Mngmt Limited Co has invested 0.24% in The TJX Companies, Inc. Lenox Wealth Inc holds 300 shares or 0.01% of its portfolio. State Of Wisconsin Investment Board acquired 7,620 shares as Albemarle Corp (ALB)'s stock rose 20.02%. Royal Bank Of Canada holds 0.01% or 199,574 shares in its portfolio. The company's institutional ownership is monitored at 91.4 percent. After a recent check, it is observed that the insiders for the firm now own 0.30% shares. Bogle Inv Mgmt Limited Partnership De owns 628,015 shares. Walleye Trading Ltd accumulated 0.02% or 28,353 shares. Credit Suisse Ag stated it has 0% in Ignyta, Inc. 579.86 million shares or 4.13% more from 556.87 million shares in 2017Q2 were reported. The company has its outstanding shares of 110.48M.

Shares of Visa Inc.(NYSE:V) have seen a movement of 0.93% in the most recent session. Raymond James Tru Na invested in 0.04% or 3,890 shares. (NASDAQ:ZNGA). Westpac reported 0.04% in Zynga Inc.

Frontier Capital Management Co Llc increased National Retail Properties Inc. The NYSE-listed company saw a recent bid of $123.11 on volume of 8.53 million shares. It also manufactures cesium products for the chemical and pharmaceutical industries; and zirconium, barium, and titanium products for various pyrotechnical applications, including airbag igniters; and performance catalyst solutions, such as polymer catalysts, curatives, organometallics, and electronic materials for polyolefin polymers, packaging, non-packaging etc. (NYSE:V) are owned by insiders with 94.14% six-month change in the insider ownership. Universal Hlth Svcs Inc (NYSE:UHS) was reduced too.

Albemarle Corporation (NYSE:ALB) received a Buy rating from 2 analysts. They expect $0.51 earnings per share, up 6.25% or $0.03 from last year's $0.48 per share. ALB's profit will be $133.70M for 26.23 P/E if the $1.21 EPS becomes a reality. Vanguard Group Inc. lifted its holdings in Albemarle by 1.7% in the second quarter. After this sale, 34,280 common shares of ALB are directly owned by the insider, with total stake valued at $4,041,955. Therefore 92% are positive. Including today's unusual volume, Albemarle Corporation's stock is performing at -7.80% on the year. The stock has "Buy" rating by RBC Capital Markets on Wednesday, April 19. Deutsche Bank maintained it with "Buy" rating and $84 target in Thursday, May 12 report. RBC Capital Markets has "Buy" rating and $132 target. The firm earned "Buy" rating on Monday, June 5 by Jefferies. Robert W. Baird reaffirmed a "hold" rating and set a $135.00 price target on shares of Albemarle in a research report on Wednesday, November 1st. The stock of Albemarle Corporation (NYSE:ALB) earned "Buy" rating by KeyBanc Capital Markets on Friday, September 1.

Baird Upgrade from a "Neutral " rating to a " Outperform" rating.

Recently, analysts have updated the overall rating to 2.38.

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