Astec Inds (ASTE) Holder Benjamin F Edwards & Company Has Upped Position; Central Bank & Trust Co Increased Applied Materials (AMAT) Stake

May 22, 2018 - By reb123z

Applied Materials, Inc. (NASDAQ:AMAT) Logo

Kelly Cardwell increased its stake in Applied Materials Inc (AMAT) by 474.28% based on its latest 2017Q4 regulatory filing with the SEC. Central Bank & Trust Co bought 69,008 shares as the company’s stock rose 6.49% while stock markets declined. The hedge fund run by Kelly Cardwell held 83,558 shares of the technology company at the end of 2017Q4, valued at $4.27 million, up from 14,550 at the end of the previous reported quarter. Central Bank & Trust Co who had been investing in Applied Materials Inc for a number of months, seems to be bullish on the $52.53B market cap company. The stock increased 0.99% or $0.49 during the last trading session, reaching $50. About 19.88M shares traded or 37.93% up from the average. Applied Materials, Inc. (NASDAQ:AMAT) has risen 42.67% since May 22, 2017 and is uptrending. It has outperformed by 31.12% the S&P500.

Benjamin F Edwards & Company Inc increased its stake in Astec Inds Inc (ASTE) by 283.76% based on its latest 2017Q4 regulatory filing with the SEC. Benjamin F Edwards & Company Inc bought 11,617 shares as the company’s stock declined 4.92% with the market. The institutional investor held 15,711 shares of the capital goods company at the end of 2017Q4, valued at $919,000, up from 4,094 at the end of the previous reported quarter. Benjamin F Edwards & Company Inc who had been investing in Astec Inds Inc for a number of months, seems to be bullish on the $1.38 billion market cap company. The stock increased 1.12% or $0.66 during the last trading session, reaching $59.63. About 108,964 shares traded. Astec Industries, Inc. (NASDAQ:ASTE) has declined 9.14% since May 22, 2017 and is downtrending. It has underperformed by 20.69% the S&P500.

Since May 1, 2018, it had 0 buys, and 2 sales for $3.19 million activity.

Among 9 analysts covering Astec Industries (NASDAQ:ASTE), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Astec Industries had 22 analyst reports since July 22, 2015 according to SRatingsIntel. Maxim Group maintained Astec Industries, Inc. (NASDAQ:ASTE) on Monday, May 16 with “Buy” rating. Dougherty & Company initiated the stock with “Buy” rating in Tuesday, December 20 report. On Tuesday, July 19 the stock rating was downgraded by Robert W. Baird to “Underweight”. The stock of Astec Industries, Inc. (NASDAQ:ASTE) has “Buy” rating given on Wednesday, February 21 by Dougherty. Robert W. Baird maintained Astec Industries, Inc. (NASDAQ:ASTE) rating on Friday, November 10. Robert W. Baird has “Buy” rating and $65.0 target. Stifel Nicolaus maintained the shares of ASTE in report on Tuesday, October 3 with “Buy” rating. The firm has “Buy” rating by Stifel Nicolaus given on Monday, August 31. As per Monday, September 28, the company rating was upgraded by Global Hunter Securities. The stock of Astec Industries, Inc. (NASDAQ:ASTE) earned “Buy” rating by William Blair on Tuesday, February 13. The firm earned “Outperform” rating on Tuesday, January 2 by William Blair.

Investors sentiment increased to 1.34 in 2017 Q4. Its up 0.06, from 1.28 in 2017Q3. It improved, as 11 investors sold ASTE shares while 51 reduced holdings. 29 funds opened positions while 54 raised stakes. 20.12 million shares or 15.37% more from 17.44 million shares in 2017Q3 were reported. State Of Alaska Department Of Revenue holds 0.01% of its portfolio in Astec Industries, Inc. (NASDAQ:ASTE) for 3,820 shares. Point72 Asset LP owns 24,800 shares. Louisiana State Employees Retirement Sys invested in 8,200 shares. 121 are owned by Tower Rech Cap Ltd Co (Trc). Parallax Volatility Advisers LP holds 0% or 3,276 shares in its portfolio. The New York-based Sg Americas Securities Limited Company has invested 0% in Astec Industries, Inc. (NASDAQ:ASTE). Moreover, Voya Invest Mngmt Lc has 0% invested in Astec Industries, Inc. (NASDAQ:ASTE) for 9,298 shares. Mason Street Advisors Lc has 4,980 shares for 0.01% of their portfolio. Granite Inv Ptnrs Lc, a California-based fund reported 263,615 shares. Amer Century holds 0% of its portfolio in Astec Industries, Inc. (NASDAQ:ASTE) for 51,414 shares. Cortina Asset Management Ltd Com owns 101,496 shares. Nj State Employees Deferred Compensation Plan accumulated 20,000 shares. 17 are owned by Parkside Fincl Bank &. Sei Invests holds 350 shares. Kbc Gp Nv stated it has 0.01% of its portfolio in Astec Industries, Inc. (NASDAQ:ASTE).

More news for Astec Industries, Inc. (NASDAQ:ASTE) were recently published by: Globenewswire.com, which released: “Astec Industries Reports First Quarter 2018 Results” on April 24, 2018. Streetinsider.com‘s article titled: “Marcato Capital Shows New Stakes in Astec Industries (ASTE), Univar (UNVR) (more…) – 13f” and published on May 15, 2018 is yet another important article.

Benjamin F Edwards & Company Inc, which manages about $3.12B and $957.91 million US Long portfolio, decreased its stake in Ishares Tr (IVV) by 2,462 shares to 14,816 shares, valued at $3.98 million in 2017Q4, according to the filing. It also reduced its holding in Ishares Tr (IEF) by 2,995 shares in the quarter, leaving it with 92,147 shares, and cut its stake in Ishares Tr (IWP).

Since December 29, 2017, it had 0 buys, and 4 sales for $10.41 million activity. Nalamasu Omkaram also sold $2.83 million worth of Applied Materials, Inc. (NASDAQ:AMAT) shares. Salehpour Ali also sold $6.44M worth of Applied Materials, Inc. (NASDAQ:AMAT) shares. Forrest Stephen R sold 4,000 shares worth $214,680.

Among 28 analysts covering Applied Materials Inc. (NASDAQ:AMAT), 25 have Buy rating, 0 Sell and 3 Hold. Therefore 89% are positive. Applied Materials Inc. had 124 analyst reports since August 4, 2015 according to SRatingsIntel. The company was maintained on Thursday, October 12 by Deutsche Bank. As per Tuesday, April 19, the company rating was downgraded by Susquehanna. The rating was downgraded by Citigroup to “Neutral” on Friday, October 23. The firm has “Buy” rating given on Thursday, June 2 by Goldman Sachs. Nomura maintained it with “Buy” rating and $7000 target in Tuesday, March 27 report. The stock has “Overweight” rating by Pacific Crest on Tuesday, August 11. The stock has “Buy” rating by Craig Hallum on Thursday, September 28. The firm earned “Positive” rating on Tuesday, January 16 by Susquehanna. The firm has “Buy” rating given on Tuesday, August 11 by Summit Research. Citigroup maintained Applied Materials, Inc. (NASDAQ:AMAT) on Friday, August 12 with “Buy” rating.

Investors sentiment decreased to 0.86 in 2017 Q4. Its down 0.20, from 1.06 in 2017Q3. It worsened, as 52 investors sold AMAT shares while 367 reduced holdings. 113 funds opened positions while 249 raised stakes. 797.20 million shares or 1.72% less from 811.15 million shares in 2017Q3 were reported. 1.79M were reported by Los Angeles Capital Equity Research Incorporated. Zweig has invested 0.87% in Applied Materials, Inc. (NASDAQ:AMAT). Bnp Paribas Arbitrage Sa reported 589,134 shares. First Midwest Bank Trust Division holds 0.45% in Applied Materials, Inc. (NASDAQ:AMAT) or 71,282 shares. Lumbard And Kellner Llc reported 0.45% stake. Korea Invest Corporation holds 2.00 million shares or 0.46% of its portfolio. Lpl Fin Limited Liability has 0.02% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 110,001 shares. Thomas White Intll Limited invested in 8,260 shares or 0.07% of the stock. Credit Suisse Ag has invested 0.11% in Applied Materials, Inc. (NASDAQ:AMAT). Ontario Teachers Pension Plan Board reported 0.04% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Jbf Capital Incorporated reported 1.28% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Whittier Trust Of Nevada stated it has 0.01% in Applied Materials, Inc. (NASDAQ:AMAT). National Pension Service reported 961,508 shares. Elm Ltd Limited Liability Company holds 0.22% or 5,750 shares in its portfolio. First In stated it has 750 shares.

Central Bank & Trust Co, which manages about $414.64 million US Long portfolio, decreased its stake in Hologic Incorporated (NASDAQ:HOLX) by 9,373 shares to 17,132 shares, valued at $732,000 in 2017Q4, according to the filing. It also reduced its holding in Adobe Systems Incorporated (NASDAQ:ADBE) by 2,510 shares in the quarter, leaving it with 45,823 shares, and cut its stake in Alphabet Inc Cap Stk Cl A.

More notable recent Applied Materials, Inc. (NASDAQ:AMAT) news were published by: Livetradingnews.com which released: “Wall Street’s Top Analysts Upgrades, Downgrades & Initiations” on May 22, 2018, also Nasdaq.com with their article: “Applied Materials, Inc. Stock Was Hammered by Earnings, Time to Profit” published on May 21, 2018, Globenewswire.com published: “Applied Materials to Present at Upcoming Investor Conferences” on May 18, 2018. More interesting news about Applied Materials, Inc. (NASDAQ:AMAT) were released by: 247Wallst.com and their article: “Applied Materials Brings Havoc to Semiconductor Capital Equipment Space” published on May 18, 2018 as well as Nasdaq.com‘s news article titled: “Applied Materials Delivers Strong Year-On-Year Growth in Quarterly Revenue and Earnings Per Share” with publication date: May 17, 2018.

Astec Industries, Inc. (NASDAQ:ASTE) 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.

By1 reb123z

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: