Mathes Company Maintains Stake in Applied Materials (AMAT); Shapiro Capital Management Increases Holding in Regions Financial (RF)

April 25, 2018 - By Maria Brooks

Regions Financial Corporation (NYSE:RF) Logo

Mathes Company Inc increased its stake in Applied Materials Inc. (AMAT) by 20.1% based on its latest 2017Q4 regulatory filing with the SEC. Mathes Company Inc bought 6,225 shares as the company’s stock rose 6.49% while stock markets declined. The institutional investor held 37,200 shares of the technology company at the end of 2017Q4, valued at $1.90M, up from 30,975 at the end of the previous reported quarter. Mathes Company Inc who had been investing in Applied Materials Inc. for a number of months, seems to be bullish on the $51.64B market cap company. The stock increased 0.88% or $0.43 during the last trading session, reaching $49.15. About 8.89M shares traded. Applied Materials, Inc. (NASDAQ:AMAT) has risen 42.67% since April 25, 2017 and is uptrending. It has outperformed by 31.12% the S&P500.

Shapiro Capital Management Llc increased its stake in Regions Financial Corp (RF) by 7.93% based on its latest 2017Q4 regulatory filing with the SEC. Shapiro Capital Management Llc bought 268,208 shares as the company’s stock rose 4.69% while stock markets declined. The institutional investor held 3.65 million shares of the major banks company at the end of 2017Q4, valued at $63.10 billion, up from 3.38M at the end of the previous reported quarter. Shapiro Capital Management Llc who had been investing in Regions Financial Corp for a number of months, seems to be bullish on the $21.25 billion market cap company. The stock increased 0.29% or $0.055 during the last trading session, reaching $18.925. About 6.20M shares traded. Regions Financial Corporation (NYSE:RF) has risen 29.90% since April 25, 2017 and is uptrending. It has outperformed by 18.35% the S&P500.

Mathes Company Inc, which manages about $240.09 million and $218.58 million US Long portfolio, decreased its stake in Pimco Enhanced Short Mat Strategy Etf (MINT) by 5,750 shares to 3,300 shares, valued at $335,000 in 2017Q4, according to the filing. It also reduced its holding in Lam Research Corp. (NASDAQ:LRCX) by 9,538 shares in the quarter, leaving it with 21,267 shares, and cut its stake in Gilead Sciences Inc (NASDAQ:GILD).

Among 28 analysts covering Applied Materials Inc. (NASDAQ:AMAT), 27 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. Applied Materials Inc. had 120 analyst reports since August 4, 2015 according to SRatingsIntel. CLSA upgraded the shares of AMAT in report on Tuesday, January 19 to “Buy” rating. The firm earned “Buy” rating on Wednesday, May 25 by Citigroup. B. Riley & Co maintained the stock with “Buy” rating in Monday, August 14 report. As per Monday, December 19, the company rating was downgraded by Goldman Sachs. The company was downgraded on Wednesday, April 6 by DA Davidson. Goldman Sachs maintained the stock with “Buy” rating in Thursday, June 2 report. Credit Suisse maintained it with “Outperform” rating and $29 target in Tuesday, August 9 report. B. Riley & Co maintained the shares of AMAT in report on Friday, February 19 with “Neutral” rating. Susquehanna maintained Applied Materials, Inc. (NASDAQ:AMAT) on Thursday, February 15 with “Buy” rating. The stock of Applied Materials, Inc. (NASDAQ:AMAT) earned “Buy” rating by Nomura on Monday, October 26.

Investors sentiment decreased to 0.86 in 2017 Q4. Its down 0.20, from 1.06 in 2017Q3. It fall, 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. Cornerstone Inc has invested 0.21% in Applied Materials, Inc. (NASDAQ:AMAT). Moreover, Jackson Square Ptnrs has 1.45% invested in Applied Materials, Inc. (NASDAQ:AMAT). Dynamic Advsr Solutions Ltd invested 0.12% in Applied Materials, Inc. (NASDAQ:AMAT). Morgan Stanley accumulated 4.49 million shares or 0.06% of the stock. Roanoke Asset Mngmt New York has 79,805 shares. Sumitomo Mitsui Tru holds 0.24% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT) for 3.69M shares. Cornercap Counsel invested in 121,845 shares. Hightower has 0.05% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 121,416 shares. The Japan-based Mitsubishi Ufj has invested 0.2% in Applied Materials, Inc. (NASDAQ:AMAT). Hall Laurie J Trustee stated it has 1.85% in Applied Materials, Inc. (NASDAQ:AMAT). Seatown Holdg Pte Ltd reported 4.3% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Daiwa Sb Ltd reported 450 shares or 0.01% of all its holdings. New Amsterdam Prtn Limited Liability holds 14,689 shares or 0.15% of its portfolio. New Jersey Better Educational Savings Trust has 6,000 shares. Alpha Cubed Invs Ltd Co owns 34,286 shares for 0.23% of their portfolio.

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

Investors sentiment increased to 1.18 in Q4 2017. Its up 0.23, from 0.95 in 2017Q3. It increased, as 26 investors sold RF shares while 187 reduced holdings. 82 funds opened positions while 169 raised stakes. 823.54 million shares or 2.89% less from 848.03 million shares in 2017Q3 were reported. Wellington Limited Liability Partnership has 0% invested in Regions Financial Corporation (NYSE:RF). Pinebridge Invs LP stated it has 0.24% of its portfolio in Regions Financial Corporation (NYSE:RF). 1.14 million are owned by Amundi Pioneer Asset Mgmt. Farmers And Merchants Investments accumulated 13,480 shares. First Advisors Lp invested in 4.04 million shares or 0.17% of the stock. Meeder Asset Management has invested 0.34% in Regions Financial Corporation (NYSE:RF). Ghp Investment Advsrs has invested 0.37% in Regions Financial Corporation (NYSE:RF). Wealthtrust stated it has 0% of its portfolio in Regions Financial Corporation (NYSE:RF). Mackenzie Finance Corp invested 0.03% of its portfolio in Regions Financial Corporation (NYSE:RF). Moreover, Pinnacle Prtn has 0.25% invested in Regions Financial Corporation (NYSE:RF). Profund Advisors Ltd Liability Com reported 0.05% of its portfolio in Regions Financial Corporation (NYSE:RF). Putnam Invests Ltd Liability Corp invested 0.44% in Regions Financial Corporation (NYSE:RF). Co Bancorporation reported 0.01% stake. M&T Financial Bank reported 66,507 shares stake. Bahl And Gaynor owns 31,901 shares or 0.01% of their US portfolio.

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

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By1 Maria Brooks

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