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Stevens First Principles Investment Advisors Has Lifted Alexander & Baldwin (ALEX) Position by $754,170 as Stock Value Declined; As Applied Matls (AMAT) Share Value Declined, Kingdon Capital Management Has Lifted Its Holding

Applied Materials, Inc. (NASDAQ:AMAT) Logo

Mark Kingdon increased its stake in Applied Matls Inc (AMAT) by 37.21% based on its latest 2018Q1 regulatory filing with the SEC. Kingdon Capital Management Llc bought 116,305 shares as the company’s stock declined 13.54% with the market. The hedge fund run by Mark Kingdon held 428,873 shares of the technology company at the end of 2018Q1, valued at $23.85M, up from 312,568 at the end of the previous reported quarter. Kingdon Capital Management Llc who had been investing in Applied Matls Inc for a number of months, seems to be bullish on the $48.83 billion market cap company. The stock decreased 1.77% or $0.8713 during the last trading session, reaching $48.4387. About 5.58 million shares traded. Applied Materials, Inc. (NASDAQ:AMAT) has risen 12.95% since June 18, 2017 and is uptrending. It has outperformed by 0.38% the S&P500.

Stevens First Principles Investment Advisors increased its stake in Alexander & Baldwin Inc (ALEX) by 57.29% based on its latest 2018Q1 regulatory filing with the SEC. Stevens First Principles Investment Advisors bought 32,790 shares as the company’s stock declined 5.98% with the market. The institutional investor held 90,027 shares of the finance company at the end of 2018Q1, valued at $2.08M, up from 57,237 at the end of the previous reported quarter. Stevens First Principles Investment Advisors who had been investing in Alexander & Baldwin Inc for a number of months, seems to be bullish on the $1.54 billion market cap company. The stock decreased 0.65% or $0.14 during the last trading session, reaching $21.39. About 82,836 shares traded. Alexander & Baldwin, Inc. (NYSE:ALEX) has declined 18.77% since June 18, 2017 and is downtrending. It has underperformed by 31.34% the S&P500.

Since December 29, 2017, it had 0 insider buys, and 4 insider sales for $10.41 million activity. The insider Salehpour Ali sold $6.44M. On Thursday, March 8 the insider Iannotti Thomas J sold $922,050. Nalamasu Omkaram sold $2.83 million worth of stock or 53,466 shares.

More notable recent Applied Materials, Inc. (NASDAQ:AMAT) news were published by: Seekingalpha.com which released: “Applied Materials Looks Undervalued” on May 29, 2018, also Seekingalpha.com with their article: “Applied Materials Is So Attractive Under $50” published on May 22, 2018, Seekingalpha.com published: “Buy Alibaba – Cramer’s Lightning Round (6/12/18)” on June 13, 2018. More interesting news about Applied Materials, Inc. (NASDAQ:AMAT) were released by: Investorplace.com and their article: “Applied Materials, Inc. Stock Was Hammered by Earnings, Time to Profit” published on May 21, 2018 as well as Globenewswire.com‘s news article titled: “Applied Materials Announces Cash Dividend” with publication date: June 07, 2018.

Kingdon Capital Management Llc, which manages about $3.27B and $1.27 billion US Long portfolio, decreased its stake in Heron Therapeutics Inc (Put) (NASDAQ:HRTX) by 165,000 shares to 250,000 shares, valued at $6.90M in 2018Q1, according to the filing. It also reduced its holding in Xpo Logistics Inc (NYSE:XPO) by 46,708 shares in the quarter, leaving it with 333,167 shares, and cut its stake in Pinnacle Foods Inc Del (NYSE:PF).

Among 28 analysts covering Applied Materials Inc. (NASDAQ:AMAT), 24 have Buy rating, 0 Sell and 4 Hold. Therefore 86% are positive. Applied Materials Inc. had 125 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Negative” rating by Susquehanna on Tuesday, April 19. Stifel Nicolaus maintained Applied Materials, Inc. (NASDAQ:AMAT) on Friday, May 18 with “Buy” rating. The rating was maintained by B. Riley & Co on Thursday, August 11 with “Buy”. Nomura maintained it with “Buy” rating and $7000 target in Tuesday, March 27 report. CLSA upgraded Applied Materials, Inc. (NASDAQ:AMAT) on Friday, September 25 to “Buy” rating. The stock of Applied Materials, Inc. (NASDAQ:AMAT) has “Buy” rating given on Thursday, April 12 by KeyBanc Capital Markets. The firm earned “Buy” rating on Thursday, October 19 by Needham. RBC Capital Markets maintained the stock with “Hold” rating in Thursday, June 29 report. The stock of Applied Materials, Inc. (NASDAQ:AMAT) earned “Outperform” rating by Credit Suisse on Thursday, February 15. The firm has “Hold” rating given on Friday, May 18 by Goldman Sachs.

Investors sentiment increased to 0.95 in Q1 2018. 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. Peapack Gladstone Finance has invested 0% in Applied Materials, Inc. (NASDAQ:AMAT). 12,784 are owned by Burns J W. Koshinski Asset Management, a Illinois-based fund reported 47,690 shares. 96,742 were reported by Hl Serv Limited Co. L & S has invested 0.13% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Bluemountain Mgmt Ltd Liability holds 0.37% or 289,192 shares in its portfolio. Captrust Fin Advsr reported 0% stake. Miles Cap holds 0.15% or 4,980 shares. Reilly Limited holds 0.02% or 2,128 shares in its portfolio. Synovus Fincl accumulated 57,763 shares. Moreover, First Midwest Bankshares Tru Division has 0.54% invested in Applied Materials, Inc. (NASDAQ:AMAT). Ancora Advsrs Llc has 0.1% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 38,649 shares. Nelson Van Denburg And Campbell Wealth Ltd Liability Corporation stated it has 0.06% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). National Pension Serv has invested 0.27% in Applied Materials, Inc. (NASDAQ:AMAT). Tiemann Advisors Limited Liability Corp reported 5,533 shares.

More recent Alexander & Baldwin, Inc. (NYSE:ALEX) news were published by: Prnewswire.com which released: “Alexander & Baldwin to Present at REITWeek┬« 2018” on May 30, 2018. Also Gurufocus.com published the news titled: “Cheap Stocks in a Cheap Sector” on June 13, 2018. Bizjournals.com‘s news article titled: “A&B launching sales for luxury Kahala condo project, prices start at $9M: Slideshow” with publication date: May 31, 2018 was also an interesting one.

Stevens First Principles Investment Advisors, which manages about $272.94 million and $163.56M US Long portfolio, decreased its stake in Apple Inc (NASDAQ:AAPL) by 3,829 shares to 4,885 shares, valued at $820,000 in 2018Q1, according to the filing.

Among 3 analysts covering Alexander & Baldwin (NYSE:ALEX), 2 have Buy rating, 1 Sell and 0 Hold. Therefore 67% are positive. Alexander & Baldwin had 5 analyst reports since September 2, 2015 according to SRatingsIntel. The stock of Alexander & Baldwin, Inc. (NYSE:ALEX) earned “Outperform” rating by Evercore on Friday, March 31. JMP Securities upgraded the shares of ALEX in report on Tuesday, February 20 to “Market Outperform” rating. Zacks downgraded Alexander & Baldwin, Inc. (NYSE:ALEX) on Wednesday, September 2 to “Sell” rating. The rating was downgraded by JMP Securities to “Market Perform” on Friday, August 26.

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

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