Lsv Asset Management Lowers Its Ownership in Applied Materials (AMAT)

(NASDAQ:AMAT) by 74.1% during the third quarter, Holdings Channel reports. State Street Corp now owns 48,897,158 shares of the manufacturing equipment provider's stock valued at $2,019,939,000 after purchasing an additional 985,296 shares in the last quarter. Supplemental Annuity Collective Trust of NJ's holdings in Applied Materials were worth $521,000 as of its most recent SEC filing. Summit Financial Wealth Advisors LLC increased its stake in shares of Applied Materials by 0.3% in the second quarter. Pictet Asset Management Ltd. now owns 961,644 shares of the manufacturing equipment provider's stock worth $50,092,000 after acquiring an additional 141,679 shares during the last quarter. The value of the company's investment in Applied Materials increased from $119,570,000 to $150,840,000 a change of 26.2% for the reporting period. Robeco Institutional Asset Management B.V. now owns 421,389 shares of the manufacturing equipment provider's stock worth $10,100,000 after buying an additional 361,392 shares in the last quarter.

As regular trading ended, Applied Materials, Inc.

APG Asset Management N.V. boosted its stake in shares of Applied Materials Inc. Columbus Circle Investors now owns 883,295 shares of the manufacturing equipment provider's stock worth $21,173,000 after buying an additional 70,472 shares in the last quarter.

A number of equities analysts recently commented on AMAT shares. On Monday, March 14 the stock rating was maintained by Northland Capital with "Outperform". Stifel Nicolaus restated a "buy" rating on shares of Applied Materials in a research report on Sunday, October 1st. Applied Materials now has a consensus rating of "Buy" and an average target price of $56.64. Three analysts have rated the stock with a hold rating and twenty-two have assigned a buy rating to the company's stock.

QVC Group is maintained at an average outperform rating by 10 stock analysts, and there are at least 4.92% of shares outstanding that are now legally short sold. (NASDAQ:AMAT). Wells Fargo Mn has 0.05% invested in Applied Materials, Inc. "(NASDAQ:AMAT)" was first posted by TrueBlueTribune and is owned by of TrueBlueTribune. If you are viewing this piece on another website, it was stolen and reposted in violation of U.S. and global copyright legislation.

Hm Payson & Company increased Applied Materials (AMAT) stake by 91.22% reported in 2017Q2 SEC filing. Applied Materials, Inc. (NASDAQ:AMAT) has risen 121.40% since November 14, 2016 and is uptrending. (NASDAQ:AMAT) traded up $0.67 during trading hours on Tuesday, hitting $57.03. The P/E ratio is 20.01 and market capitalization is 60.12B. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.91 and a quick ratio of 2.25.

Applied Materials (NASDAQ:AMAT) last released its quarterly earnings results on Thursday, August 17th. The manufacturing equipment provider reported $0.86 earnings per share for the quarter, topping analysts' consensus estimates of $0.84 by $0.02.

Applied Materials, Inc. (NASDAQ:AMAT) gross margin percentage stands at 44.3% while its operating margin for the past trailing twelve month is 25.6 percent and its overall profit margin (ttm) is 22.1 Percent. Revenue, on the other hand, scored -0.26% growth from the previous quarter, coming up with $2.34 billion.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 14th. Stockholders of record on Friday, November 24th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date of this dividend is Wednesday, November 22nd. Grassi Invest Mngmt has invested 2.25% in Applied Materials, Inc.

The P/E of Applied Materials, Inc.is now valued at 20.01 allowing its investors to analyze the company's stock valuation and its shares relative to the income of the company that it makes.

Among new and sold out positions, 113 holders initiated new positions by a total of 10.61 million shares and 56 holders exited their positions by a total of 10.21 million shares.

In other Applied Materials news, VP Thomas F. Larkins sold 100,000 shares of the stock in a transaction dated Wednesday, January 4th.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend.

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