As Applied Matls INC (AMAT) Stock Value Rose, Columbus Circle Investors Has Decreased Its Holding

March 20, 2018 - By Ellis Scott

Investors sentiment increased to 1.06 in Q3 2017. Its up 0.24, from 0.82 in 2017Q2. It improved, as 40 investors sold AMAT shares while 325 reduced holdings. 123 funds opened positions while 263 raised stakes. 811.15 million shares or 1.86% less from 826.54 million shares in 2017Q2 were reported. Thrivent Fincl For Lutherans holds 0.61% or 3.30 million shares in its portfolio. Ellington Mngmt Grp Limited Liability Corp has invested 0.33% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Tci Wealth Advisors Inc reported 220 shares. 137,610 are owned by Guinness Atkinson Asset. Bnp Paribas Asset Holdings holds 0.1% or 233,647 shares. Rosenbaum Jay D invested 1.94% in Applied Materials, Inc. (NASDAQ:AMAT). Td Asset Mgmt reported 0.39% stake. Prudential Public Ltd Company holds 0.17% in Applied Materials, Inc. (NASDAQ:AMAT) or 1.02 million shares. Tdam Usa accumulated 351,223 shares. Amica Pension Fund Board Of Trustees stated it has 0.41% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). L And S stated it has 158,114 shares. Alpine Woods Capital Lc accumulated 334,000 shares. Texas-based Stephens Invest Ltd has invested 0% in Applied Materials, Inc. (NASDAQ:AMAT). Invest Counsel reported 35,446 shares. Wisconsin-based Legacy Private has invested 0.37% in Applied Materials, Inc. (NASDAQ:AMAT).

Since October 5, 2017, it had 0 insider buys, and 5 insider sales for $11.95 million activity. 53,466 shares were sold by Nalamasu Omkaram, worth $2.83M on Tuesday, January 2. Another trade for 4,000 shares valued at $214,680 was sold by Forrest Stephen R. Salehpour Ali had sold 125,125 shares worth $6.44M. 30,000 Applied Materials, Inc. (NASDAQ:AMAT) shares with value of $1.54M were sold by Larkins Thomas F.

Donald Chiboucis decreased its stake in Applied Matls Inc (AMAT) by 23.21% based on its latest 2017Q3 regulatory filing with the SEC. Columbus Circle Investors sold 670,596 shares as the company’s stock rose 23.58% with the market. The hedge fund run by Donald Chiboucis held 2.22M shares of the technology company at the end of 2017Q3, valued at $115.58M, down from 2.89 million at the end of the previous reported quarter. Columbus Circle Investors who had been investing in Applied Matls Inc for a number of months, seems to be less bullish one the $61.77 billion market cap company. The stock increased 0.50% or $0.29 during the last trading session, reaching $58.79. About 3.46 million shares traded. Applied Materials, Inc. (NASDAQ:AMAT) has risen 121.40% since March 20, 2017 and is uptrending. It has outperformed by 104.70% the S&P500.

Columbus Circle Investors, which manages about $17.54B and $5.87B US Long portfolio, upped its stake in Universal Display Corp (NASDAQ:OLED) by 163,569 shares to 843,537 shares, valued at $108.69 million in 2017Q3, according to the filing. It also increased its holding in Teradyne Inc (NYSE:TER) by 102,392 shares in the quarter, for a total of 723,945 shares, and has risen its stake in Aerie Pharmaceuticals Inc (NASDAQ:AERI).

Analysts await Applied Materials, Inc. (NASDAQ:AMAT) to report earnings on May, 17. They expect $1.13 EPS, up 43.04 % or $0.34 from last year’s $0.79 per share. AMAT’s profit will be $1.19B for 13.01 P/E if the $1.13 EPS becomes a reality. After $1.06 actual EPS reported by Applied Materials, Inc. for the previous quarter, Wall Street now forecasts 6.60 % EPS growth.

Applied Materials, Inc. (NASDAQ:AMAT) Ratings Coverage

Among 28 analysts covering Applied Materials Inc. (NASDAQ:AMAT), 28 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Applied Materials Inc. has $76.0 highest and $12 lowest target. $55.08’s average target is -6.31% below currents $58.79 stock price. Applied Materials Inc. had 117 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Applied Materials, Inc. (NASDAQ:AMAT) earned “Buy” rating by Deutsche Bank on Thursday, October 12. Needham upgraded the shares of AMAT in report on Monday, January 8 to “Strong Buy” rating. The rating was upgraded by DA Davidson on Monday, June 27 to “Buy”. As per Tuesday, January 16, the company rating was upgraded by Susquehanna. On Thursday, February 15 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm earned “Buy” rating on Monday, September 18 by Needham. The firm has “Underperform” rating by RBC Capital Markets given on Monday, October 5. The company was maintained on Monday, February 13 by Stifel Nicolaus. On Friday, May 20 the stock rating was upgraded by B. Riley & Co to “Buy”. On Tuesday, August 1 the stock rating was maintained by RBC Capital Markets with “Hold”.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: