Tanaka Capital Management Upped Applied Materials (AMAT) Stake by $337,645; Two Sigma Securities Lifted Bhp Billiton LTD (Put) (BHP) Position

June 22, 2018 - By Pete Kolinski

Applied Materials, Inc. (NASDAQ:AMAT) Logo

Tanaka Capital Management Inc increased its stake in Applied Materials (AMAT) by 248.64% based on its latest 2018Q1 regulatory filing with the SEC. Tanaka Capital Management Inc bought 6,139 shares as the company’s stock declined 13.54% with the market. The institutional investor held 8,608 shares of the technology company at the end of 2018Q1, valued at $479,000, up from 2,469 at the end of the previous reported quarter. Tanaka Capital Management Inc who had been investing in Applied Materials for a number of months, seems to be bullish on the $49.38B market cap company. The stock increased 0.84% or $0.41 during the last trading session, reaching $48.99. About 11.21M shares traded. Applied Materials, Inc. (NASDAQ:AMAT) has risen 12.95% since June 22, 2017 and is uptrending. It has outperformed by 0.38% the S&P500. Some Historical AMAT News: 26/04/2018 – APPLIED MATERIALS INC CEO LISA SU SAYS BLOCKCHAIN IS A GOOD TECHNOLOGY BUT IS A DISTRACTION IN THE SHORT TERM – CNBC; 15/05/2018 – APPALOOSA ADDED LRCX, WFC, UBS, AMAT, KNX IN 1Q: 13F; 14/05/2018 – APPLIED MATERIALS INC AMAT.O : CITIGROUP RAISES TARGET PRICE TO $78 FROM $70; 17/05/2018 – Applied Materials Delivers Strong Year-On-Year Growth in Quarterly Revenue and Earnings Per Share

Two Sigma Securities Llc increased its stake in Bhp Billiton Ltd (Put) (BHP) by 391.01% based on its latest 2018Q1 regulatory filing with the SEC. Two Sigma Securities Llc bought 34,800 shares as the company’s stock rose 0.33% while stock markets declined. The hedge fund held 43,700 shares of the precious metals company at the end of 2018Q1, valued at $1.94 million, up from 8,900 at the end of the previous reported quarter. Two Sigma Securities Llc who had been investing in Bhp Billiton Ltd (Put) for a number of months, seems to be bullish on the $134.46 billion market cap company. The stock increased 0.23% or $0.11 during the last trading session, reaching $47.88. About 1.86 million shares traded. BHP Billiton Limited (NYSE:BHP) has risen 35.38% since June 22, 2017 and is uptrending. It has outperformed by 22.81% the S&P500. Some Historical BHP News: 18/04/2018 – BHP 3Q COPPER OUTPUT 457K TONS; 18/04/2018 – BHP SAYS FY OUTPUT GUIDANCE REMAINS UNCHANGED FOR PETROLEUM; 05/03/2018 – BHP SAYS SHALE SALE COULD BE RESOLVED EARLIER THAN THOUGHT; 08/03/2018 – Britain’s FTSE inches up in choppy trade; miners fall; 03/04/2018 – Coal Exposure a Plus for BHP, Says RBC –Market Talk; 15/05/2018 – Oil Rally Aiding BHP Billiton Shale Sale, Says CEO; 07/03/2018 – BHP says will consider asset swaps as part of shale exit; 18/04/2018 – BHP 3Q PETROLEUM OUTPUT 45 MMBOE; 21/05/2018 – BP CEO SAYS COMPANY HAS LOOKED AT BHP BILLITON’S SHALE PORTFOLIO, MAY BID FOR ASSETS; 18/04/2018 – BHP BILLITON LTD – PETROLEUM CAPITAL EXPENDITURE GUIDANCE REMAINS UNCHANGED AT ABOUT US$1.9 BLN FOR 2018 FINANCIAL YEAR

Two Sigma Securities Llc, which manages about $17.86 billion US Long portfolio, decreased its stake in Fedex Corp (NYSE:FDX) by 1,391 shares to 8,709 shares, valued at $2.09 million in 2018Q1, according to the filing. It also reduced its holding in Vanguard Tax Managed Intl Fd (VEA) by 43,253 shares in the quarter, leaving it with 20,775 shares, and cut its stake in Jd Com Inc (NASDAQ:JD).

Among 26 analysts covering BHP Billiton Limited (ADR) (NYSE:BHP), 11 have Buy rating, 3 Sell and 12 Hold. Therefore 42% are positive. BHP Billiton Limited (ADR) had 63 analyst reports since July 22, 2015 according to SRatingsIntel. Credit Suisse downgraded the stock to “Neutral” rating in Wednesday, December 7 report. The rating was maintained by Argus Research on Thursday, December 1 with “Hold”. The company was maintained on Wednesday, January 27 by Cowen & Co. The rating was maintained by Canaccord Genuity with “Buy” on Wednesday, July 22. The firm has “Hold” rating given on Tuesday, January 9 by Cowen & Co. Citigroup downgraded BHP Billiton Limited (NYSE:BHP) on Wednesday, October 12 to “Sell” rating. The rating was downgraded by Societe Generale on Friday, October 2 to “Hold”. The firm earned “Neutral” rating on Wednesday, July 22 by JP Morgan. Raymond James downgraded BHP Billiton Limited (NYSE:BHP) on Friday, September 1 to “Underperform” rating. Citigroup upgraded the stock to “Buy” rating in Wednesday, April 4 report.

More notable recent BHP Billiton Limited (NYSE:BHP) news were published by: Seekingalpha.com which released: “Bloomberg: BHP receives bids valuing US shale unit at up to $9B” on June 06, 2018, also Seekingalpha.com with their article: “BHP to move ahead with $2.9B Australia iron ore project” published on June 14, 2018, Seekingalpha.com published: “Samarco reportedly near settlement with Brazil prosecutors” on June 15, 2018. More interesting news about BHP Billiton Limited (NYSE:BHP) were released by: Seekingalpha.com and their article: “BHP reportedly revives plan to sell Nickel West mine” published on June 20, 2018 as well as Seekingalpha.com‘s news article titled: “BHP responds to union contract proposal at Escondida mine” with publication date: June 11, 2018.

Since December 29, 2017, it had 0 insider buys, and 4 selling transactions for $10.41 million activity. Forrest Stephen R sold $214,680 worth of stock or 4,000 shares. 53,466 shares were sold by Nalamasu Omkaram, worth $2.83 million on Tuesday, January 2. $922,050 worth of Applied Materials, Inc. (NASDAQ:AMAT) shares were sold by Iannotti Thomas J.

More recent Applied Materials, Inc. (NASDAQ:AMAT) news were published by: Seekingalpha.com which released: “Applied Materials Looks Undervalued” on May 29, 2018. Also Globenewswire.com published the news titled: “Applied Materials Announces Cash Dividend” on June 07, 2018. Seekingalpha.com‘s news article titled: “Applied Materials Is Cheap But Not Undervalued” with publication date: June 20, 2018 was also an interesting one.

Tanaka Capital Management Inc, which manages about $37.10M and $41.83M US Long portfolio, decreased its stake in Tesla Motors Inc. (NASDAQ:TSLA) by 2,375 shares to 2,181 shares, valued at $580,000 in 2018Q1, according to the filing.

Investors sentiment increased to 0.95 in Q1 2018. Its up 0.09, from 0.86 in 2017Q4. It increased, 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. Caxton Associates Limited Partnership has 48,250 shares for 0.14% of their portfolio. California State Teachers Retirement System holds 0.2% in Applied Materials, Inc. (NASDAQ:AMAT) or 1.69M shares. Holderness Investments Company accumulated 91,687 shares. Advisor Prtnrs Limited Liability Corp holds 28,915 shares or 0.3% of its portfolio. Kbc Grp Inc Nv invested 0.49% in Applied Materials, Inc. (NASDAQ:AMAT). Quantitative Systematic Strategies Limited Liability Corporation holds 6,789 shares or 0.08% of its portfolio. Alphamark Lc invested 0.01% in Applied Materials, Inc. (NASDAQ:AMAT). Amp Cap Investors Limited accumulated 955,084 shares or 0.29% of the stock. Advsrs Preferred Limited holds 0.02% or 592 shares in its portfolio. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Management invested in 30,700 shares. Perigon Wealth Limited Liability accumulated 0.01% or 400 shares. C M Bidwell And Assoc Limited has 6,960 shares. Korea-based Korea Invest has invested 0.24% in Applied Materials, Inc. (NASDAQ:AMAT). Exane Derivatives has 0% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 3,401 shares. Janney Montgomery Scott stated it has 136,787 shares or 0.08% of all its holdings.

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. RBC Capital Markets maintained Applied Materials, Inc. (NASDAQ:AMAT) rating on Friday, August 19. RBC Capital Markets has “Sector Perform” rating and $30 target. The firm earned “Buy” rating on Monday, September 18 by Craig Hallum. The rating was upgraded by RBC Capital Markets to “Outperform” on Monday, September 18. Credit Suisse maintained the shares of AMAT in report on Friday, August 18 with “Outperform” rating. The stock of Applied Materials, Inc. (NASDAQ:AMAT) has “Buy” rating given on Friday, May 18 by Stifel Nicolaus. The firm has “Buy” rating given on Thursday, April 14 by UBS. As per Friday, September 25, the company rating was upgraded by Credit Agricole. The stock of Applied Materials, Inc. (NASDAQ:AMAT) earned “Buy” rating by Stifel Nicolaus on Monday, August 15. The rating was initiated by Morgan Stanley on Tuesday, December 15 with “Overweight”. Credit Agricole downgraded the shares of AMAT in report on Thursday, December 10 to “Outperform” rating.

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

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

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


Recent Posts

>