Applied Matls (AMAT) Stock Price Rose While Manufacturers Life Insurance Company The Lowered Position by $23.44 Million; Gideon Capital Advisors Cut Holding in Spirit Rlty Cap New (SRC) by $369,608

January 21, 2018 - By Marguerite Chambers

Gideon Capital Advisors Inc decreased its stake in Spirit Rlty Cap Inc New (SRC) by 70.4% based on its latest 2017Q3 regulatory filing with the SEC. Gideon Capital Advisors Inc sold 46,201 shares as the company’s stock declined 32.65% while stock markets rallied. The hedge fund held 19,426 shares of the consumer services company at the end of 2017Q3, valued at $166,000, down from 65,627 at the end of the previous reported quarter. Gideon Capital Advisors Inc who had been investing in Spirit Rlty Cap Inc New for a number of months, seems to be less bullish one the $3.80 billion market cap company. The stock increased 2.08% or $0.17 during the last trading session, reaching $8.33. About 5.01 million shares traded. Spirit Realty Capital, Inc. (NYSE:SRC) has declined 36.20% since January 21, 2017 and is downtrending. It has underperformed by 52.90% the S&P500.

Manufacturers Life Insurance Company The decreased its stake in Applied Matls Inc (AMAT) by 24.95% based on its latest 2017Q3 regulatory filing with the SEC. Manufacturers Life Insurance Company The sold 450,809 shares as the company’s stock rose 23.58% with the market. The institutional investor held 1.36M shares of the technology company at the end of 2017Q3, valued at $70.62M, down from 1.81M at the end of the previous reported quarter. Manufacturers Life Insurance Company The who had been investing in Applied Matls Inc for a number of months, seems to be less bullish one the $60.63B market cap company. It closed at $57.4 lastly. It is up 121.40% since January 21, 2017 and is uptrending. It has outperformed by 104.70% the S&P500.

Investors sentiment increased to 1.29 in 2017 Q3. Its up 0.31, from 0.98 in 2017Q2. It improved, as 29 investors sold SRC shares while 73 reduced holdings. 45 funds opened positions while 87 raised stakes. 417.60 million shares or 1.85% less from 425.47 million shares in 2017Q2 were reported. Qci Asset Mgmt reported 10,443 shares or 0.01% of all its holdings. Enterprise Corp invested 0.03% of its portfolio in Spirit Realty Capital, Inc. (NYSE:SRC). New York-based Bnp Paribas Arbitrage has invested 0% in Spirit Realty Capital, Inc. (NYSE:SRC). Next Finance Grp Inc accumulated 11,176 shares. The Japan-based Nomura Asset Mgmt Limited has invested 0.03% in Spirit Realty Capital, Inc. (NYSE:SRC). Gratia Cap Lc reported 421,089 shares. Stratos Wealth Limited reported 20,933 shares. Cap Guardian Trust Communication accumulated 167 shares. Breton Hill Ltd reported 164,450 shares or 0.26% of all its holdings. Profund Advsrs Limited Com reported 23,379 shares stake. Hg Vora Management Limited Com invested in 8.91% or 7.70 million shares. Highbridge Capital Mgmt Limited Liability Company has invested 0.08% in Spirit Realty Capital, Inc. (NYSE:SRC). Exane Derivatives holds 2 shares. Comerica State Bank reported 41,534 shares. Spirit Of America Mgmt Corp Ny owns 32,400 shares for 0.03% of their portfolio.

Gideon Capital Advisors Inc, which manages about $340.51 million and $101.43M US Long portfolio, upped its stake in Assured Guaranty Ltd (NYSE:AGO) by 9,848 shares to 16,875 shares, valued at $637,000 in 2017Q3, according to the filing. It also increased its holding in Copa Holdings Sa (NYSE:CPA) by 3,040 shares in the quarter, for a total of 5,062 shares, and has risen its stake in Prudential Finl Inc (NYSE:PRU).

Analysts await Spirit Realty Capital, Inc. (NYSE:SRC) to report earnings on February, 28. They expect $0.22 earnings per share, up 4.76% or $0.01 from last year’s $0.21 per share. SRC’s profit will be $100.31 million for 9.47 P/E if the $0.22 EPS becomes a reality. After $0.23 actual earnings per share reported by Spirit Realty Capital, Inc. for the previous quarter, Wall Street now forecasts -4.35% negative EPS growth.

Among 17 analysts covering Spirit Realty Capital (NYSE:SRC), 8 have Buy rating, 0 Sell and 9 Hold. Therefore 47% are positive. Spirit Realty Capital had 47 analyst reports since July 23, 2015 according to SRatingsIntel. The firm has “Hold” rating by Ladenburg given on Friday, August 4. The firm has “Underperform” rating given on Monday, December 5 by Bank of America. The rating was downgraded by Bank of America on Monday, September 14 to “Neutral”. The firm earned “Buy” rating on Thursday, August 31 by Mizuho. The stock of Spirit Realty Capital, Inc. (NYSE:SRC) has “Buy” rating given on Friday, October 20 by Mizuho. On Friday, July 21 the stock rating was maintained by Ladenburg with “Hold”. On Monday, November 21 the stock rating was upgraded by Robert W. Baird to “Outperform”. The firm has “Neutral” rating given on Monday, July 10 by Mizuho. The rating was initiated by Oppenheimer with “Perform” on Tuesday, January 5. The firm earned “Underperform” rating on Friday, May 5 by Mizuho.

Investors sentiment increased to 1.06 in 2017 Q3. 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. Ngam Advisors Limited Partnership holds 0.04% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT) for 72,895 shares. Artisan Prtnrs Limited Partnership holds 0.09% in Applied Materials, Inc. (NASDAQ:AMAT) or 933,501 shares. Moreover, Grantham Mayo Van Otterloo & Company Ltd Liability Corp has 0.17% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 553,400 shares. Lazard Asset Management Ltd Liability reported 0.62% stake. Exane Derivatives invested in 0.03% or 3,476 shares. Parkwood Ltd Liability Co holds 4,841 shares. Evanston Investments Inc Dba Evanston Advsrs holds 2.12% or 169,286 shares. Old Mutual Glob Invsts (Uk) has invested 2.39% in Applied Materials, Inc. (NASDAQ:AMAT). Ardsley Advisory Ptnrs has invested 0.1% in Applied Materials, Inc. (NASDAQ:AMAT). Gotham Asset Mngmt has invested 0.95% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Affinity Investment Advisors Ltd Llc stated it has 0.86% in Applied Materials, Inc. (NASDAQ:AMAT). Renaissance Techs invested 0.03% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). De Burlo Gru has 144,600 shares. 755,249 are owned by Robeco Institutional Asset Bv. Tudor Investment Et Al holds 0.09% or 64,018 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 14.79 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.

Manufacturers Life Insurance Company The, which manages about $83.84 billion US Long portfolio, upped its stake in Essex Ppty Tr Inc (NYSE:ESS) by 3,636 shares to 73,816 shares, valued at $18.75M in 2017Q3, according to the filing. It also increased its holding in Coca Cola Co (NYSE:KO) by 371,443 shares in the quarter, for a total of 5.28M shares, and has risen its stake in Healthsouth Corp (NYSE:HLS).

Since August 23, 2017, it had 0 buys, and 5 sales for $12.03 million activity. The insider Nalamasu Omkaram sold 53,466 shares worth $2.83M. Salehpour Ali also sold $6.44 million worth of Applied Materials, Inc. (NASDAQ:AMAT) shares. On Thursday, October 5 Larkins Thomas F sold $1.54 million worth of Applied Materials, Inc. (NASDAQ:AMAT) or 30,000 shares. Forrest Stephen R sold $214,680 worth of stock.

Echostar Corporation-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.

By

Free Newsletter

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


>