Applied Matls INC (AMAT) Shareholder Secor Capital Advisors LP Has Boosted Its Holding by $8.02 Million

June 13, 2018 - By sdfsdfsdf

Applied Materials, Inc. (NASDAQ:AMAT) LogoInvestors sentiment increased to 0.95 in 2018 Q1. Its up 0.09, from 0.86 in 2017Q4. It improved, as 50 investors sold AMAT shares while 356 reduced holdings. 109 funds opened positions while 278 raised stakes. 762.68 million shares or 4.33% less from 797.20 million shares in 2017Q4 were reported. Caprock Group Incorporated has invested 0.1% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Cornerstone owns 0.16% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 4,115 shares. Winslow Capital Management Limited holds 0.94% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT) for 3.13M shares. The Hawaii-based Bank & Trust Of Hawaii has invested 0.03% in Applied Materials, Inc. (NASDAQ:AMAT). Tdam Usa holds 1.1% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT) for 325,420 shares. Qs accumulated 0.12% or 205,311 shares. Fincl Architects Incorporated invested in 0.09% or 7,982 shares. Pinnacle Wealth Mngmt Advisory Group Ltd Liability Corporation owns 3,765 shares. Ohio-based Bahl & Gaynor has invested 0% in Applied Materials, Inc. (NASDAQ:AMAT). Altfest L J reported 15,431 shares or 0.37% of all its holdings. Trillium Asset Limited Com holds 62,403 shares or 0.19% of its portfolio. California Employees Retirement owns 2.75M shares. First Allied Advisory Svcs reported 0.09% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Kcm Invest Limited Com invested 0.02% in Applied Materials, Inc. (NASDAQ:AMAT). Churchill Mngmt Corp reported 47,576 shares.

Since December 29, 2017, it had 0 buys, and 4 sales for $10.41 million activity. Shares for $922,050 were sold by Iannotti Thomas J. 125,125 shares were sold by Salehpour Ali, worth $6.44 million on Friday, December 29. Forrest Stephen R had sold 4,000 shares worth $214,680 on Wednesday, January 3.

Secor Capital Advisors Lp increased its stake in Applied Matls Inc (AMAT) by 801.7% based on its latest 2018Q1 regulatory filing with the SEC. Secor Capital Advisors Lp bought 145,909 shares as the company’s stock declined 13.54% with the market. The hedge fund held 164,109 shares of the technology company at the end of 2018Q1, valued at $9.13 million, up from 18,200 at the end of the previous reported quarter. Secor Capital Advisors Lp who had been investing in Applied Matls Inc for a number of months, seems to be bullish on the $51.55 billion market cap company. The stock increased 0.55% or $0.28 during the last trading session, reaching $51.14. About 7.41 million shares traded. Applied Materials, Inc. (NASDAQ:AMAT) has risen 12.95% since June 13, 2017 and is uptrending. It has outperformed by 0.38% the S&P500.

Secor Capital Advisors Lp, which manages about $500.47M and $1.22B US Long portfolio, decreased its stake in Summit Hotel Pptys Inc (NYSE:INN) by 329,357 shares to 48,874 shares, valued at $665,000 in 2018Q1, according to the filing. It also reduced its holding in Rush Enterprises Inc (NASDAQ:RUSHA) by 146,744 shares in the quarter, leaving it with 27,689 shares, and cut its stake in Hunt J B Trans Svcs Inc (NASDAQ:JBHT).

More notable recent Applied Materials, Inc. (NASDAQ:AMAT) news were published by: Streetinsider.com which released: “RBC Capital Downgrades Applied Materials (AMAT) to Sector Perform” on June 13, 2018, also Benzinga.com with their article: “Benzinga’s Top Upgrades, Downgrades For June 13, 2018” published on June 13, 2018, 247Wallst.com published: “Applied Materials Brings Havoc to Semiconductor Capital Equipment Space” on May 18, 2018. More interesting news about Applied Materials, Inc. (NASDAQ:AMAT) were released by: Seekingalpha.com and their article: “Buy Alibaba – Cramer’s Lightning Round (6/12/18)” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “Applied Materials Is So Attractive Under $50” with publication date: May 22, 2018.

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

Among 12 analysts covering Applied Materials (NASDAQ:AMAT), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Applied Materials had 18 analyst reports since January 8, 2018 according to SRatingsIntel. The stock has “Buy” rating by Susquehanna on Thursday, February 15. The firm has “Strong Buy” rating by Needham given on Monday, January 8. The stock of Applied Materials, Inc. (NASDAQ:AMAT) earned “Buy” rating by Needham on Monday, May 21. Goldman Sachs downgraded the shares of AMAT in report on Friday, May 18 to “Hold” rating. The firm has “Buy” rating by KeyBanc Capital Markets given on Thursday, April 12. The firm earned “Buy” rating on Friday, May 18 by Stifel Nicolaus. KeyBanc Capital Markets maintained it with “Buy” rating and $74.0 target in Thursday, February 15 report. Nomura maintained Applied Materials, Inc. (NASDAQ:AMAT) rating on Tuesday, March 27. Nomura has “Buy” rating and $7000 target. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, January 30 report. The firm has “Positive” rating given on Tuesday, January 16 by Susquehanna.

Applied Materials, Inc. (NASDAQ:AMAT) Institutional Positions Chart

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 FREE daily email newsletter.