As Applied Matls INC (AMAT) Valuation Declined, Holder Td Asset Management INC Increased Its Stake

Applied Materials, Inc. (NASDAQ:AMAT) LogoInvestors sentiment decreased to 0.76 in Q2 2018. Its down 0.19, from 0.95 in 2018Q1. It worsened, as 104 investors sold AMAT shares while 348 reduced holdings. 85 funds opened positions while 259 raised stakes. 732.53 million shares or 3.95% less from 762.68 million shares in 2018Q1 were reported. Fifth Third Financial Bank has invested 0.06% in Applied Materials, Inc. (NASDAQ:AMAT). Wisconsin-based Johnson Gru Incorporated has invested 0.01% in Applied Materials, Inc. (NASDAQ:AMAT). Community Comml Bank Na has invested 0.01% in Applied Materials, Inc. (NASDAQ:AMAT). 6,345 are held by Farr Miller And Washington Limited Liability Corp Dc. Advsr Asset Mgmt holds 7,226 shares or 0.06% of its portfolio. 6,780 are held by Amica Retiree Medical Tru. Avalon Ltd Co holds 0.43% in Applied Materials, Inc. (NASDAQ:AMAT) or 311,095 shares. Alphamark Advisors Llc, a Kentucky-based fund reported 400 shares. Hennessy Advisors Inc reported 62,770 shares or 0.1% of all its holdings. Pennsylvania-based Veritable Limited Partnership has invested 0.05% in Applied Materials, Inc. (NASDAQ:AMAT). Anchor Capital Advsr Ltd Company has 0.02% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 11,294 shares. Paradigm Asset Mngmt Limited reported 51,280 shares stake. Capital Mgmt Associate New York holds 0.35% or 6,060 shares in its portfolio. State Of Alaska Department Of Revenue holds 164,160 shares. Fiduciary Tru Communications accumulated 6,248 shares.

Td Asset Management Inc increased its stake in Applied Matls Inc (AMAT) by 8.36% based on its latest 2018Q2 regulatory filing with the SEC. Td Asset Management Inc bought 400,239 shares as the company’s stock declined 24.70% while stock markets rallied. The institutional investor held 5.19M shares of the technology company at the end of 2018Q2, valued at $239.59 million, up from 4.79 million at the end of the previous reported quarter. Td Asset Management Inc who had been investing in Applied Matls Inc for a number of months, seems to be bullish on the $34.04B market cap company. The stock decreased 2.26% or $0.8 during the last trading session, reaching $34.63. About 4.59 million shares traded. Applied Materials, Inc. (NASDAQ:AMAT) has declined 15.90% since December 6, 2017 and is downtrending. It has underperformed by 31.52% the S&P500.

Td Asset Management Inc, which manages about $16.26 billion and $65.62B US Long portfolio, decreased its stake in Lilly Eli & Co (NYSE:LLY) by 48,640 shares to 1.06M shares, valued at $90.47M in 2018Q2, according to the filing. It also reduced its holding in Cvs Health Corp (NYSE:CVS) by 71,889 shares in the quarter, leaving it with 679,040 shares, and cut its stake in Garmin Ltd (NASDAQ:GRMN).

More notable recent Applied Materials, Inc. (NASDAQ:AMAT) news were published by: Investorplace.com which released: “Is Applied Materials Stock Poised to Drop Further? – Investorplace.com” on November 19, 2018, also Seekingalpha.com with their article: “Chips slide after Skyworks’ Q1 warning – Seeking Alpha” published on November 09, 2018, Investorplace.com published: “Wednesday’s Vital Data: Apple, Applied Materials and IBM – Investorplace.com” on November 21, 2018. More interesting news about Applied Materials, Inc. (NASDAQ:AMAT) were released by: Thestreet.com and their article: “Dow Ends Higher on Dovish Trump Tariff Comments; Nasdaq Falls – TheStreet.com” published on November 16, 2018 as well as Nasdaq.com‘s news article titled: “Applied Ventures and Empire State Development Aim to Accelerate Innovation in Upstate New York – Nasdaq” with publication date: November 15, 2018.

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

Among 13 analysts covering Applied Materials (NASDAQ:AMAT), 6 have Buy rating, 0 Sell and 7 Hold. Therefore 46% are positive. Applied Materials had 21 analyst reports since June 13, 2018 according to SRatingsIntel. As per Friday, November 16, the company rating was maintained by Deutsche Bank. The stock of Applied Materials, Inc. (NASDAQ:AMAT) has “Buy” rating given on Friday, August 17 by Deutsche Bank. Stifel Nicolaus maintained the shares of AMAT in report on Friday, August 17 with “Buy” rating. Susquehanna downgraded it to “Neutral” rating and $38 target in Tuesday, October 23 report. The firm earned “Buy” rating on Friday, August 17 by Citigroup. On Tuesday, September 25 the stock rating was maintained by Citigroup with “Buy”. As per Friday, August 17, the company rating was maintained by KeyBanc Capital Markets. The company was maintained on Friday, November 16 by Wells Fargo. The company was upgraded on Monday, August 6 by Cowen & Co. On Wednesday, June 13 the stock rating was downgraded by RBC Capital Markets to “Sector Perform”.

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

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