Nikko Asset Management Americas Has Lifted Applied Materials (AMAT) Position By $509,600; DEBENHAMS PLC (DBHSF) Shorts Down By 0.53%

Nikko Asset Management Americas Inc increased Applied Materials Inc (AMAT) stake by 57.31% reported in 2017Q3 SEC filing. Nikko Asset Management Americas Inc acquired 9,800 shares as Applied Materials Inc (AMAT)’s stock rose 23.58%. The Nikko Asset Management Americas Inc holds 26,900 shares with $1.40 million value, up from 17,100 last quarter. Applied Materials Inc now has $58.90 billion valuation. The stock decreased 1.97% or $1.12 during the last trading session, reaching $55.76. About 15.27M shares traded or 32.68% up from the average. Applied Materials, Inc. (NASDAQ:AMAT) has risen 121.40% since January 26, 2017 and is uptrending. It has outperformed by 104.70% the S&P500.

DEBENHAMS PLC (OTCMKTS:DBHSF) had a decrease of 0.53% in short interest. DBHSF’s SI was 6.33M shares in January as released by FINRA. Its down 0.53% from 6.37 million shares previously. With 22,600 avg volume, 280 days are for DEBENHAMS PLC (OTCMKTS:DBHSF)’s short sellers to cover DBHSF’s short positions. It closed at $0.4 lastly. It is down 0.00% since January 26, 2017 and is . It has underperformed by 16.70% the S&P500.

Nikko Asset Management Americas Inc decreased Boeing Co/The (NYSE:BA) stake by 2,800 shares to 19,200 valued at $4.88 million in 2017Q3. It also reduced Bp Plc (NYSE:BP) stake by 57,600 shares and now owns 754,038 shares. China Petroleum & Chemical Cor (NYSE:SNP) was reduced too.

Since August 23, 2017, it had 0 insider purchases, and 5 sales for $12.03 million activity. The insider Forrest Stephen R sold 4,000 shares worth $214,680. Another trade for 30,000 shares valued at $1.54M was sold by Larkins Thomas F. Nalamasu Omkaram also sold $2.83M worth of Applied Materials, Inc. (NASDAQ:AMAT) shares. Shares for $6.44 million were sold by Salehpour Ali. 22,762 Applied Materials, Inc. (NASDAQ:AMAT) shares with value of $1.00 million were sold by Karsner Alexander.

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. Intersect invested 0.16% in Applied Materials, Inc. (NASDAQ:AMAT). Moreover, Amica Retiree Medical Trust has 0.4% invested in Applied Materials, Inc. (NASDAQ:AMAT). Adirondack Trust Com holds 0.14% or 3,520 shares in its portfolio. United Kingdom-based Glg Prtnrs Limited Partnership has invested 1.31% in Applied Materials, Inc. (NASDAQ:AMAT). The Pennsylvania-based Stevens Capital Management Ltd Partnership has invested 0.15% in Applied Materials, Inc. (NASDAQ:AMAT). Todd Asset Management Limited Company has 351,021 shares for 0.51% of their portfolio. Gamco Invsts Incorporated Et Al owns 12,470 shares. Elm Advisors Ltd Company stated it has 0.24% in Applied Materials, Inc. (NASDAQ:AMAT). Hartford Fincl Mngmt has 0.78% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 29,606 shares. Moreover, Nicholas Inv Prtnrs Limited Partnership has 0.47% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 129,562 shares. Checchi Capital Advisers Limited Liability Corp reported 7,643 shares or 0.04% of all its holdings. State Treasurer State Of Michigan invested in 598,409 shares. Oppenheimer Asset holds 0.1% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT) for 73,555 shares. Stratos Wealth Ptnrs Ltd has invested 0.02% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Moreover, Rnc Cap Lc has 0.13% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 34,325 shares.

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. has $76.0 highest and $12 lowest target. $52.78’s average target is -5.34% below currents $55.76 stock price. Applied Materials Inc. had 109 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Buy” on Friday, May 27. The stock has “Overweight” rating by KeyBanc Capital Markets on Friday, November 17. The rating was maintained by Citigroup with “Buy” on Friday, August 12. The firm has “Buy” rating by Piper Jaffray given on Thursday, August 6. Morgan Stanley maintained the stock with “Buy” rating in Friday, July 7 report. The rating was maintained by RBC Capital Markets on Friday, August 14 with “Sector Perform”. The firm has “Neutral” rating by Citigroup given on Friday, October 23. As per Tuesday, August 1, the company rating was maintained by RBC Capital Markets. The company was maintained on Monday, September 18 by Needham. The stock has “Sector Perform” rating by RBC Capital Markets on Thursday, February 16.

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