Capital Management Associates Boosted Its Albemarle (ALB) Stake by $340,000; Share Price Rose; Wheatland Advisors Has Raised Its At&T (T) Stake

January 22, 2018 - By Hazel Jackson

Capital Management Associates increased its stake in Albemarle Corp (ALB) by 100% based on its latest 2017Q3 regulatory filing with the SEC. Capital Management Associates bought 2,500 shares as the company’s stock rose 20.02% with the market. The institutional investor held 5,000 shares of the major chemicals company at the end of 2017Q3, valued at $682,000, up from 2,500 at the end of the previous reported quarter. Capital Management Associates who had been investing in Albemarle Corp for a number of months, seems to be bullish on the $12.82B market cap company. The stock decreased 1.61% or $1.9 during the last trading session, reaching $116.01. About 4.28M shares traded or 198.19% up from the average. Albemarle Corporation (NYSE:ALB) has risen 45.60% since January 22, 2017 and is uptrending. It has outperformed by 28.90% the S&P500.

Wheatland Advisors Inc increased its stake in At&T Inc (T) by 15.9% based on its latest 2017Q3 regulatory filing with the SEC. Wheatland Advisors Inc bought 11,329 shares as the company’s stock declined 7.81% while stock markets rallied. The institutional investor held 82,596 shares of the telecommunications equipment company at the end of 2017Q3, valued at $3.24 million, up from 71,267 at the end of the previous reported quarter. Wheatland Advisors Inc who had been investing in At&T Inc for a number of months, seems to be bullish on the $228.43 billion market cap company. The stock increased 0.16% or $0.06 during the last trading session, reaching $37.21. About 27.92 million shares traded. AT&T Inc. (NYSE:T) has declined 0.52% since January 22, 2017 and is downtrending. It has underperformed by 17.22% the S&P500.

Since August 23, 2017, it had 0 insider purchases, and 2 insider sales for $1.96 million activity. Another trade for 5,397 shares valued at $624,811 was sold by Juneau Matthew.

Investors sentiment decreased to 1.13 in 2017 Q3. Its down 0.12, from 1.25 in 2017Q2. It fall, as 53 investors sold ALB shares while 158 reduced holdings. 77 funds opened positions while 161 raised stakes. 95.18 million shares or 4.66% more from 90.94 million shares in 2017Q2 were reported. Andra Ap accumulated 30,700 shares. Bnp Paribas Asset reported 74,258 shares. Moreover, Bokf Na has 0.03% invested in Albemarle Corporation (NYSE:ALB) for 7,900 shares. Grandfield & Dodd Ltd stated it has 1.18% in Albemarle Corporation (NYSE:ALB). 1,668 are owned by Ibm Retirement Fund. Fil Ltd has invested 0% of its portfolio in Albemarle Corporation (NYSE:ALB). Baring Asset Ltd has 118,732 shares for 0.95% of their portfolio. Lenox Wealth Management accumulated 0.01% or 300 shares. Glg Prtnrs Limited Partnership has invested 0.12% in Albemarle Corporation (NYSE:ALB). Capital Innovations Limited Liability Corporation owns 5,580 shares or 1.84% of their US portfolio. Lowe Brockenbrough & Com holds 0.14% or 6,600 shares in its portfolio. Meiji Yasuda Life Insurance Company accumulated 7,100 shares or 0.14% of the stock. Hanseatic has invested 1.54% of its portfolio in Albemarle Corporation (NYSE:ALB). Principal Fincl Gp holds 321,859 shares. Pictet North America Sa accumulated 0.1% or 4,751 shares.

Among 21 analysts covering Albemarle Corporation (NYSE:ALB), 12 have Buy rating, 0 Sell and 9 Hold. Therefore 57% are positive. Albemarle Corporation had 61 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, December 29 by Jefferies. The stock of Albemarle Corporation (NYSE:ALB) has “Buy” rating given on Tuesday, August 9 by Citigroup. The stock of Albemarle Corporation (NYSE:ALB) earned “Buy” rating by KeyBanc Capital Markets on Friday, September 1. RBC Capital Markets maintained Albemarle Corporation (NYSE:ALB) on Wednesday, March 1 with “Outperform” rating. RBC Capital Markets maintained Albemarle Corporation (NYSE:ALB) rating on Monday, May 8. RBC Capital Markets has “Outperform” rating and $136 target. The stock has “Buy” rating by Jefferies on Wednesday, April 5. The stock of Albemarle Corporation (NYSE:ALB) earned “Buy” rating by RBC Capital Markets on Wednesday, April 19. JP Morgan maintained Albemarle Corporation (NYSE:ALB) rating on Tuesday, February 23. JP Morgan has “Neutral” rating and $52 target. On Friday, August 5 the stock rating was maintained by Deutsche Bank with “Buy”. The firm earned “Outperform” rating on Thursday, February 23 by RBC Capital Markets.

Capital Management Associates, which manages about $70.20 million US Long portfolio, decreased its stake in Mgm Resorts International (NYSE:MGM) by 11,050 shares to 21,846 shares, valued at $712,000 in 2017Q3, according to the filing.

Among 29 analysts covering AT&T Inc. (NYSE:T), 10 have Buy rating, 1 Sell and 18 Hold. Therefore 34% are positive. AT&T Inc. had 69 analyst reports since July 27, 2015 according to SRatingsIntel. The company was maintained on Thursday, January 26 by FBR Capital. The stock has “Sell” rating by Moffet Nathanson on Friday, April 1. The rating was maintained by Citigroup with “Buy” on Monday, March 14. HSBC upgraded the stock to “Hold” rating in Monday, September 26 report. The firm has “Hold” rating given on Monday, October 24 by Drexel Hamilton. FBR Capital maintained the shares of T in report on Friday, July 22 with “Mkt Perform” rating. The stock has “Hold” rating by RBC Capital Markets on Friday, July 7. The stock has “Neutral” rating by UBS on Wednesday, September 28. Moffett Nathanson upgraded the shares of T in report on Tuesday, May 30 to “Neutral” rating. As per Wednesday, September 27, the company rating was maintained by Morgan Stanley.

Investors sentiment increased to 1.17 in Q3 2017. Its up 0.02, from 1.15 in 2017Q2. It improved, as 77 investors sold T shares while 609 reduced holdings. 106 funds opened positions while 696 raised stakes. 3.34 billion shares or 1.04% more from 3.31 billion shares in 2017Q2 were reported. First Mercantile Tru holds 53,163 shares. Harvey Invest Limited Liability Corp has 0.06% invested in AT&T Inc. (NYSE:T) for 7,784 shares. Torray Ltd Liability Co invested in 1.18% or 305,435 shares. Duncker Streett & Incorporated accumulated 84,574 shares. Nationwide Fund Advisors stated it has 0.42% in AT&T Inc. (NYSE:T). Invest House Ltd Liability Company, a California-based fund reported 7,824 shares. Stanley holds 69,398 shares or 0.73% of its portfolio. First Commercial Bank And Trust Of Newtown stated it has 89,726 shares. Wellington Mgmt Limited Liability Partnership has 0.03% invested in AT&T Inc. (NYSE:T). Tradewinds Cap Mngmt Limited Liability Company invested in 4,400 shares. 8,145 were accumulated by Syntal Cap Partners Ltd Co. New York-based Evercore Tru Commerce Na has invested 23.59% in AT&T Inc. (NYSE:T). The Virginia-based Greylin Inv Mangement has invested 0.13% in AT&T Inc. (NYSE:T). Jefferies Grp Limited Liability Corp invested 0% of its portfolio in AT&T Inc. (NYSE:T). Los Angeles Mgmt Equity Research holds 0.38% in AT&T Inc. (NYSE:T) or 1.67 million shares.

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