Applied Materials (AMAT) Shares Rose While New York State Teachers Retirement System Trimmed Its Position; As Mylan N V Shs Euro (MYL) Stock Value Declined, Mivtachim The Workers Social Insurance Fund LTD Raised Stake

February 20, 2018 - By Marguerite Chambers

Mivtachim The Workers Social Insurance Fund Ltd increased its stake in Mylan N V Shs Euro (MYL) by 6.37% based on its latest 2017Q3 regulatory filing with the SEC. Mivtachim The Workers Social Insurance Fund Ltd bought 138,500 shares as the company’s stock declined 9.77% while stock markets rallied. The institutional investor held 2.31 million shares of the major pharmaceuticals company at the end of 2017Q3, valued at $72.52 million, up from 2.17M at the end of the previous reported quarter. Mivtachim The Workers Social Insurance Fund Ltd who had been investing in Mylan N V Shs Euro for a number of months, seems to be bullish on the $22.61B market cap company. The stock increased 1.18% or $0.49 during the last trading session, reaching $42.14. About 3.42 million shares traded. Mylan N.V. (NASDAQ:MYL) has declined 7.73% since February 20, 2017 and is downtrending. It has underperformed by 24.43% the S&P500.

New York State Teachers Retirement System decreased its stake in Applied Materials (AMAT) by 0.59% based on its latest 2017Q3 regulatory filing with the SEC. New York State Teachers Retirement System sold 11,005 shares as the company’s stock rose 23.58% with the market. The institutional investor held 1.86 million shares of the technology company at the end of 2017Q3, valued at $96.71M, down from 1.87 million at the end of the previous reported quarter. New York State Teachers Retirement System who had been investing in Applied Materials for a number of months, seems to be less bullish one the $57.88B market cap company. The stock increased 1.93% or $1.04 during the last trading session, reaching $55.03. About 27.81 million shares traded or 105.85% up from the average. Applied Materials, Inc. (NASDAQ:AMAT) has risen 121.40% since February 20, 2017 and is uptrending. It has outperformed by 104.70% the S&P500.

Among 22 analysts covering Mylan Inc. (NASDAQ:MYL), 14 have Buy rating, 0 Sell and 8 Hold. Therefore 64% are positive. Mylan Inc. had 66 analyst reports since July 27, 2015 according to SRatingsIntel. Morgan Stanley maintained it with “Equal-Weight” rating and $36 target in Monday, August 7 report. The stock has “Buy” rating by BMO Capital Markets on Monday, October 30. On Thursday, October 5 the stock rating was maintained by UBS with “Buy”. The stock has “Neutral” rating by Citigroup on Thursday, January 5. The firm has “Buy” rating given on Monday, August 17 by Zacks. As per Monday, December 4, the company rating was maintained by UBS. The rating was maintained by RBC Capital Markets with “Hold” on Monday, June 12. The stock of Mylan N.V. (NASDAQ:MYL) has “Buy” rating given on Thursday, January 18 by Mizuho. The company was maintained on Friday, August 4 by RBC Capital Markets. The stock of Mylan N.V. (NASDAQ:MYL) earned “Buy” rating by Susquehanna on Tuesday, November 7.

Mivtachim The Workers Social Insurance Fund Ltd, which manages about $1.59 billion US Long portfolio, decreased its stake in Opko Health Inc (NYSE:OPK) by 619,406 shares to 2.58M shares, valued at $17.73 million in 2017Q3, according to the filing.

Investors sentiment decreased to 0.33 in Q3 2017. Its down 1.00, from 1.33 in 2017Q2. It is negative, as 3 investors sold MYL shares while 0 reduced holdings. 1 funds opened positions while 0 raised stakes. 155,019 shares or 7.99% less from 168,486 shares in 2017Q2 were reported. Vantage Investment Advsr Limited Liability accumulated 712 shares. Gulf Comml Bank (Uk) reported 139,930 shares.

Analysts await Applied Materials, Inc. (NASDAQ:AMAT) to report earnings on February, 21. They expect $0.97 EPS, up 44.78% or $0.30 from last year’s $0.67 per share. AMAT’s profit will be $1.02B for 14.18 P/E if the $0.97 EPS becomes a reality. After $0.93 actual EPS reported by Applied Materials, Inc. for the previous quarter, Wall Street now forecasts 4.30% EPS growth.

Since August 23, 2017, it had 0 buys, and 4 sales for $11.03 million activity. $2.83M worth of stock was sold by Nalamasu Omkaram on Tuesday, January 2. 125,125 Applied Materials, Inc. (NASDAQ:AMAT) shares with value of $6.44 million were sold by Salehpour Ali. Larkins Thomas F sold 30,000 shares worth $1.54 million. $214,680 worth of stock was sold by Forrest Stephen R on Wednesday, January 3.

Among 28 analysts covering Applied Materials Inc. (NASDAQ:AMAT), 28 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Applied Materials Inc. had 116 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was downgraded by Susquehanna to “Negative” on Tuesday, April 19. The stock has “Buy” rating by Craig Hallum on Friday, August 18. B. Riley & Co maintained it with “Buy” rating and $33 target in Thursday, August 11 report. The stock of Applied Materials, Inc. (NASDAQ:AMAT) has “Strong Buy” rating given on Monday, January 8 by Needham. The firm has “Sector Perform” rating given on Friday, May 20 by RBC Capital Markets. The stock of Applied Materials, Inc. (NASDAQ:AMAT) has “Outperform” rating given on Friday, August 14 by Cowen & Co. As per Monday, September 18, the company rating was maintained by Craig Hallum. Cowen & Co maintained Applied Materials, Inc. (NASDAQ:AMAT) on Wednesday, November 11 with “Outperform” rating. Stifel Nicolaus maintained it with “Buy” rating and $35 target in Monday, August 15 report. Morgan Stanley initiated the shares of AMAT in report on Tuesday, December 15 with “Overweight” rating.

Investors sentiment increased to 1.06 in Q3 2017. Its up 0.24, from 0.82 in 2017Q2. It increased, as 40 investors sold AMAT shares while 325 reduced holdings. 123 funds opened positions while 263 raised stakes. 811.15 million shares or 1.86% less from 826.54 million shares in 2017Q2 were reported. Kames Public Limited has invested 0.05% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Sumitomo Mitsui Holding Inc stated it has 0.27% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Miles Cap stated it has 5,011 shares or 0.15% of all its holdings. 176,835 are owned by Dnb Asset Mngmt As. Guinness Atkinson Asset Management reported 4.5% stake. Asset Management Inc invested in 10,477 shares. The Pennsylvania-based Glenmede Na has invested 0.58% in Applied Materials, Inc. (NASDAQ:AMAT). Bluestein R H And reported 10,000 shares or 0.03% of all its holdings. Paradigm Asset Mngmt Limited Co reported 0.83% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). State Bank Hapoalim Bm, Israel-based fund reported 4,158 shares. Pension Service has invested 0.27% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Ardevora Asset Management Limited Liability Partnership owns 643,400 shares. 80,347 were reported by Pinebridge Invs Limited Partnership. Citigroup Inc reported 1.19M shares. Cantab Cap Partners Ltd Liability Partnership stated it has 34,595 shares.

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