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Waratah Capital Advisors LTD Upped Its Holding in Albemarle (ALB) by $3.70 Million; Hortonworks (HDP) Holder Elk Creek Partners Upped Stake by $3.31 Million

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Elk Creek Partners Llc increased its stake in Hortonworks Inc (HDP) by 106.01% based on its latest 2018Q1 regulatory filing with the SEC. Elk Creek Partners Llc bought 165,655 shares as the company’s stock declined 3.32% with the market. The institutional investor held 321,914 shares of the technology company at the end of 2018Q1, valued at $6.56M, up from 156,259 at the end of the previous reported quarter. Elk Creek Partners Llc who had been investing in Hortonworks Inc for a number of months, seems to be bullish on the $1.46 billion market cap company. The stock increased 2.58% or $0.465 during the last trading session, reaching $18.475. About 720,758 shares traded. Hortonworks, Inc. (NASDAQ:HDP) has risen 34.05% since June 14, 2017 and is uptrending. It has outperformed by 21.48% the S&P500.

Brad Dunkley increased its stake in Albemarle Corp (ALB) by 136.41% based on its latest 2018Q1 regulatory filing with the SEC. Waratah Capital Advisors Ltd bought 40,165 shares as the company’s stock declined 13.88% with the market. The hedge fund run by Brad Dunkley held 69,610 shares of the major chemicals company at the end of 2018Q1, valued at $6.46 million, up from 29,445 at the end of the previous reported quarter. Waratah Capital Advisors Ltd who had been investing in Albemarle Corp for a number of months, seems to be bullish on the $10.35B market cap company. The stock decreased 0.41% or $0.3848 during the last trading session, reaching $93.4602. About 710,778 shares traded. Albemarle Corporation (NYSE:ALB) has declined 15.78% since June 14, 2017 and is downtrending. It has underperformed by 28.35% the S&P500. Some Historical ALB News: 14/05/2018 – ALBEMARLE CORP – ON MAY 11, ENTERED AGREEMENTS RELATING TO AN UNCOLLARED ACCELERATED SHARE REPURCHASE PROGRAM – SEC FILING; 26/03/2018 – ALBEMARLE CEO LUKE KISSAM SPEAKS IN INTERVIEW; 17/05/2018 – Fitch Upgrades Albemarle Corp.’s IDR to ‘BBB’/’F2’; 09/05/2018 – ALBEMARLE BOOSTS 2018 ADJUSTED EPS OUTLOOK; 17/05/2018 – ALBEMARLE RASIED TO BBB FROM BBB- BY FITCH; 07/05/2018 – East Coast Wings + Grill Signs Deal for new Restaurant in Albemarle, N.C; 10/05/2018 – ALBEMARLE CONTINUES TO SEE OVERALL 2018 LITHIUM PRICING RISING OVER 2017 BY HIGH SINGLE DIGITS ON PERCENTAGE BASIS – PRESIDENT JOHN MITCHELL; 19/04/2018 – ALBEMARLE DECLARES FORCE MAJEURE DUE TO SHORTAGE OF KEY RAW; 16/04/2018 – ALBEMARLE NAMES GLEN MERFELD CTO FOR LITHIUM BUSINESS; 09/03/2018 – Albemarle Corporation Receives Increase in Lithium Quota for Chile Operations

Elk Creek Partners Llc, which manages about $800.79M and $1.71B US Long portfolio, decreased its stake in Echo Global Logistics Inc (NASDAQ:ECHO) by 18,492 shares to 356,954 shares, valued at $9.85 million in 2018Q1, according to the filing. It also reduced its holding in Infinera Corporation (NASDAQ:INFN) by 141,120 shares in the quarter, leaving it with 1.74M shares, and cut its stake in Maximus Inc (NYSE:MMS).

Investors sentiment increased to 1.66 in Q1 2018. Its up 0.41, from 1.25 in 2017Q4. It increased, as 10 investors sold HDP shares while 46 reduced holdings. 37 funds opened positions while 56 raised stakes. 49.29 million shares or 11.32% more from 44.28 million shares in 2017Q4 were reported. Neuberger Berman Group Incorporated Lc owns 90,700 shares. Art Limited Company, New York-based fund reported 43,261 shares. California State Teachers Retirement System accumulated 78,680 shares or 0% of the stock. Wellington Mngmt Grp Inc Limited Liability Partnership invested in 0% or 91,718 shares. Vanguard Gp Inc stated it has 7.09M shares. State Board Of Administration Of Florida Retirement Systems reported 26,110 shares. Hanson Mcclain Inc accumulated 641 shares or 0% of the stock. State Street Corporation accumulated 0% or 1.04M shares. Aqr Management Ltd Liability Com reported 36,506 shares or 0% of all its holdings. Jane Street Grp Ltd Liability invested 0% of its portfolio in Hortonworks, Inc. (NASDAQ:HDP). Ameriprise Fincl invested 0% of its portfolio in Hortonworks, Inc. (NASDAQ:HDP). Penn Cap Management invested in 578,289 shares or 0.93% of the stock. Cortina Asset Management Limited Company holds 351,153 shares or 0.35% of its portfolio. Morgan Stanley invested in 208,334 shares. Menta Cap Limited reported 0.19% stake.

Among 21 analysts covering Hortonworks (NASDAQ:HDP), 12 have Buy rating, 1 Sell and 8 Hold. Therefore 57% are positive. Hortonworks had 76 analyst reports since August 6, 2015 according to SRatingsIntel. Rosenblatt maintained the shares of HDP in report on Monday, December 11 with “Buy” rating. The firm has “Hold” rating given on Friday, August 5 by Needham. The firm has “Buy” rating by Mizuho given on Thursday, February 11. The rating was downgraded by Mizuho on Thursday, May 25 to “Neutral”. The company was upgraded on Monday, July 11 by DA Davidson. Wunderlich maintained the shares of HDP in report on Friday, August 5 with “Buy” rating. The rating was initiated by Goldman Sachs with “Buy” on Friday, December 11. As per Friday, June 17, the company rating was initiated by Northland Capital. On Tuesday, October 17 the stock rating was maintained by Northland Capital with “Buy”. Barclays Capital downgraded the shares of HDP in report on Monday, January 8 to “Equal-Weight” rating.

Waratah Capital Advisors Ltd, which manages about $949.10 million US Long portfolio, decreased its stake in Continental Resources Inc (NYSE:CLR) by 93,011 shares to 247,622 shares, valued at $14.60M in 2018Q1, according to the filing. It also reduced its holding in Mccormick & Co Inc (NYSE:MKC) by 36,543 shares in the quarter, leaving it with 2,419 shares, and cut its stake in Eqt Corp (NYSE:EQT).

Among 23 analysts covering Albemarle Corporation (NYSE:ALB), 16 have Buy rating, 1 Sell and 6 Hold. Therefore 70% are positive. Albemarle Corporation had 78 analyst reports since August 7, 2015 according to SRatingsIntel. The company was maintained on Tuesday, February 23 by JP Morgan. The rating was maintained by Nomura with “Buy” on Tuesday, October 10. The firm has “Buy” rating given on Friday, August 7 by SunTrust. The rating was downgraded by Morgan Stanley on Monday, February 26 to “Underweight”. RBC Capital Markets maintained the shares of ALB in report on Thursday, November 9 with “Buy” rating. The stock of Albemarle Corporation (NYSE:ALB) earned “Buy” rating by Jefferies on Monday, July 17. The firm has “Buy” rating by Suntrust Robinson given on Friday, August 7. Jefferies maintained the stock with “Buy” rating in Friday, June 16 report. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, March 1 report. The rating was maintained by RBC Capital Markets on Monday, June 12 with “Buy”.

More notable recent Albemarle Corporation (NYSE:ALB) news were published by: Globenewswire.com which released: “Detailed Research: Economic Perspectives on Och-Ziff Capital Management Group, Axalta Coating, Trinity Industries …” on June 13, 2018, also Seekingalpha.com with their article: “Honeywell, Dover among companies exiting Iran presence before sanctions” published on June 05, 2018, Seekingalpha.com published: “Lithium revival across the US” on June 13, 2018. More interesting news about Albemarle Corporation (NYSE:ALB) were released by: Seekingalpha.com and their article: “Wall Street Breakfast: Fed Day Comes Round Again” published on June 13, 2018 as well as Fool.com‘s news article titled: “SQM vs. Albemarle vs. FMC Corp.: Which Had the Best Lithium Results in Q1?” with publication date: May 30, 2018.

Investors sentiment decreased to 0.99 in Q1 2018. Its down 0.02, from 1.01 in 2017Q4. It dropped, as 82 investors sold ALB shares while 156 reduced holdings. 72 funds opened positions while 163 raised stakes. 93.28 million shares or 0.45% more from 92.86 million shares in 2017Q4 were reported. Personal Capital Advsrs Corp has invested 0.27% of its portfolio in Albemarle Corporation (NYSE:ALB). Adage Capital Prtnrs Group Incorporated Ltd Liability Corporation holds 0.01% or 40,200 shares. Piedmont Investment Advsr Ltd Liability Com stated it has 0.02% of its portfolio in Albemarle Corporation (NYSE:ALB). Glenmede Trust Communication Na owns 265 shares. Axa holds 3,616 shares. Ameriprise Finance Inc owns 136,975 shares. Moreover, Jefferies Grp Limited Liability Co has 0.02% invested in Albemarle Corporation (NYSE:ALB). 5,971 were reported by Old Mutual Customised Solutions (Proprietary) Ltd. Jpmorgan Chase & has 678,361 shares for 0.01% of their portfolio. Farmers And Merchants stated it has 0% of its portfolio in Albemarle Corporation (NYSE:ALB). Twin Capital Management has 40,710 shares. Mackay Shields Lc owns 18,600 shares or 0.01% of their US portfolio. The Michigan-based Ww Asset has invested 0.03% in Albemarle Corporation (NYSE:ALB). Mutual Of America Capital Mgmt Lc has 14,149 shares. 13,686 are owned by B And T Capital Mngmt Dba Alpha Capital Mngmt.

Albemarle Corporation (NYSE:ALB) Institutional Positions Chart

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