Macquarie Group Ltd. Increases Stake in Applied Materials, Inc. (NASDAQ:AMAT)

Mindy Sparks
December 7, 2017

Allen Investment Management Llc acquired 2,566 shares as United Therapeutics Corp Del (UTHR)'s stock declined 27.66%.

In analysts report issued to clients and investors on 6 December, Wells Fargo analyst has today initiated coverage for Applied Materials (NASDAQ:AMAT) shares with a "Outperform" rating. Acropolis Investment Management Llc who had been investing in Disney Walt Co for a number of months, seems to be bullish on the $159.28B market cap company. The stock decreased 1.64% or $1.76 during the last trading session, reaching $105.46. About 8.12M shares traded.

Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, and related industries worldwide. It has underperformed by 4.16% the S&P500. Applied Materials, Inc. has a 52 week low of $31.29 and a 52 week high of $60.89.

Mufg Americas Corp holds 0.4% or 299,279 shares in its portfolio. Finally, Legal & General Group Plc raised its holdings in shares of Applied Materials by 2.5% in the third quarter. 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. About 19.30 million shares traded or 71.84% up from the average. Morgan Stanley reiterated an "overweight" rating and issued a $52.00 target price on shares of Applied Materials in a research note on Monday, August 14th. It has outperformed by 104.70% the S&P500. (NASDAQ:ADBE) by 6,810 shares to 11,950 shares, valued at $1.69 million in 2017Q2, according to the filing. Salem Counselors Inc stated it has 50 shares or 0% of all its holdings.

Investors sentiment decreased to 0.82 in Q2 2017. The firm has a market capitalization of $53,409.67, a P/E ratio of 15.41, a P/E/G ratio of 0.95 and a beta of 1.80. Teachers Retirement System of The State of Kentucky boosted its stake in shares of Applied Materials by 48.0% in the first quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock.


Research analysts at B. Riley boosted their Q1 2018 earnings estimates for shares of Applied Materials in a research report issued on Friday, Zacks Investment Research reports. 10,971 were reported by Sigma Planning.

WARNING: "Amalgamated Bank Increases Holdings in Applied Materials, Inc". (NASDAQ:AMAT) opened at $51.01 on Thursday. The Oregon-based Mengis Mgmt has invested 0.2% in Applied Materials, Inc. Nikko Asset Mgmt Americas accumulated 17,100 shares. Moreover, Chase Counsel Corporation has 1.77% invested in Applied Materials, Inc. Commonwealth Bank of Australia now owns 87,942 shares of the manufacturing equipment provider's stock worth $3,632,000 after buying an additional 2,279 shares in the last quarter. Dubuque Bancshares & Tru invested in 2,152 shares. The Allen Investment Management Llc holds 6,434 shares with $835,000 value, up from 3,868 last quarter. Group One Trading Lp invested in 0.01% or 14,923 shares. Lumbard Kellner Ltd Liability Corporation holds 0.53% of its portfolio in Applied Materials, Inc.

Large investors have recently bought and sold shares of the company. (NASDAQ:AMAT). Chase Investment Counsel reported 88,367 shares. Applied Materials had a net margin of 23.62% and a return on equity of 41.51%. Finally, Credit Suisse Group boosted their target price on shares of Applied Materials from $5.00 to $62.00 and gave the company an "outperform" rating in a research note on Friday, August 18th. Therefore 96% are positive.

ILLEGAL ACTIVITY NOTICE: "Applied Materials, Inc". The company was maintained on Thursday, March 10 by Pacific Crest. (NASDAQ:AMAT) rating on Friday, May 20. Applied Materials's payout ratio is 25.64%. Two analysts have rated the stock with a hold rating and twenty-five have assigned a buy rating to the company. California State Teachers Retirement has invested 0.18% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Nomura reported 0.04% stake. The firm now has a buy rating on the manufacturing equipment provider's stock. The firm has "Buy" rating by Piper Jaffray given on Thursday, August 6. (NASDAQ:AMAT) on Friday, August 14 with "Sector Perform" rating. UBS maintained the stock with "Buy" rating in Wednesday, October 19 report. The rating was upgraded by Nomura on Monday, October 26 to "Buy".

More notable recent Applied Materials, Inc. (NASDAQ:AMAT). Moreover, Bankshares Of Mellon has 0.17% invested in Applied Materials, Inc. Applied Materials had a net margin of 23.62% and a return on equity of 41.51%. (NASDAQ:AMAT) were released by: Seekingalpha.com and their article: "The Applied Materials Super-Cycle Is In Full Swing" published on November 22, 2017 as well as Seekingalpha.com's news article titled: "Applied Materials Is Weak Short Term For Semiconductors, But Strong For Displays" with publication date: November 29, 2017.

Several equities research analysts have commented on the company. The Walt Disney Company had 140 analyst reports since July 24, 2015 according to SRatingsIntel. Loop Capital maintained The Walt Disney Company (NYSE:DIS) on Thursday, August 31 with "Hold" rating. On Tuesday, April 19 the stock rating was downgraded by Susquehanna to "Negative". The stock has "Hold" rating by Cowen & Co on Tuesday, August 25. The firm has "Outperform" rating given on Tuesday, August 11 by Credit Suisse. The stock has "Buy" rating by KeyBanc Capital Markets on Wednesday, September 27. The rating was maintained by Citigroup on Monday, November 20 with "Buy".

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