As Applied Materials (AMAT) Share Value Rose, Shareholder Todd Asset Management Has Trimmed Stake by $1.21 Million; First Manhattan Company Lowered Its Stake in Colgate Palmolive Co (CL) by $821,160

January 14, 2018 - By Linda Rogers

Todd Asset Management Llc decreased its stake in Applied Materials (AMAT) by 6.23% based on its latest 2017Q3 regulatory filing with the SEC. Todd Asset Management Llc sold 23,335 shares as the company’s stock rose 23.58% with the market. The institutional investor held 351,021 shares of the technology company at the end of 2017Q3, valued at $18.29 million, down from 374,356 at the end of the previous reported quarter. Todd Asset Management Llc who had been investing in Applied Materials for a number of months, seems to be less bullish one the $56.46B market cap company. The stock increased 0.47% or $0.25 during the last trading session, reaching $53.45. About 9.07M shares traded. Applied Materials, Inc. (NASDAQ:AMAT) has risen 121.40% since January 14, 2017 and is uptrending. It has outperformed by 104.70% the S&P500.

First Manhattan Company decreased its stake in Colgate Palmolive Co (CL) by 5.23% based on its latest 2017Q3 regulatory filing with the SEC. First Manhattan Company sold 11,405 shares as the company’s stock rose 3.95% with the market. The hedge fund held 206,711 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $15.06 million, down from 218,116 at the end of the previous reported quarter. First Manhattan Company who had been investing in Colgate Palmolive Co for a number of months, seems to be less bullish one the $65.52 billion market cap company. The stock increased 0.09% or $0.07 during the last trading session, reaching $74.62. About 2.34M shares traded. Colgate-Palmolive Company (NYSE:CL) has risen 6.23% since January 14, 2017 and is uptrending. It has underperformed by 10.47% the S&P500.

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 $1.02 billion for 13.78 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.

Among 28 analysts covering Applied Materials Inc. (NASDAQ:AMAT), 27 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. Applied Materials Inc. had 107 analyst reports since August 4, 2015 according to SRatingsIntel. The company was upgraded on Monday, January 8 by Needham. BNP Paribas upgraded Applied Materials, Inc. (NASDAQ:AMAT) on Thursday, March 31 to “Outperform” rating. Zacks upgraded the stock to “Sell” rating in Thursday, August 13 report. The stock has “Buy” rating by Deutsche Bank on Friday, February 19. DA Davidson upgraded Applied Materials, Inc. (NASDAQ:AMAT) on Monday, June 27 to “Buy” rating. The stock of Applied Materials, Inc. (NASDAQ:AMAT) has “Buy” rating given on Monday, August 14 by B. Riley & Co. The firm has “Buy” rating by UBS given on Friday, August 19. Stifel Nicolaus maintained it with “Buy” rating and $42 target in Monday, February 13 report. The stock has “Outperform” rating by CLSA on Thursday, December 10. UBS upgraded the shares of AMAT in report on Thursday, April 14 to “Buy” rating.

Investors sentiment increased to 1.06 in 2017 Q3. Its up 0.24, from 0.82 in 2017Q2. It improved, 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. Hl Service Ltd owns 0.1% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 95,091 shares. Bnp Paribas Asset Management Hldgs has invested 0.1% in Applied Materials, Inc. (NASDAQ:AMAT). Schwab Charles Management has invested 0.19% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). Trustco Savings Bank Corp N Y stated it has 55,903 shares. Piedmont Invest Advisors Ltd Company reported 334,033 shares. Wunderlich Capital Managemnt holds 0.84% or 21,678 shares in its portfolio. Lakeview Capital Prns Limited Co holds 7,188 shares or 0.3% of its portfolio. Jag Cap Mgmt Ltd Liability Company reported 2.71% stake. Asset Mgmt Inc owns 0.09% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 10,477 shares. Westfield Cap Management Communications Limited Partnership invested 0.66% in Applied Materials, Inc. (NASDAQ:AMAT). Campbell And Inv Adviser Ltd Liability Corp reported 0.17% stake. Of Virginia Va accumulated 4,000 shares or 0.03% of the stock. Tdam Usa has 1.08% invested in Applied Materials, Inc. (NASDAQ:AMAT). Fukoku Mutual Life Ins invested in 0.09% or 11,600 shares. Smithfield Tru Com accumulated 8,792 shares.

Since August 23, 2017, it had 0 insider buys, and 5 insider sales for $12.03 million activity. On Wednesday, August 23 the insider Karsner Alexander sold $1.00M. Salehpour Ali sold $6.44 million worth of stock. Shares for $2.83 million were sold by Nalamasu Omkaram. Larkins Thomas F sold $1.54M worth of stock or 30,000 shares.

Todd Asset Management Llc, which manages about $3.59 billion and $3.61 billion US Long portfolio, upped its stake in Yy Inc Ads (NASDAQ:YY) by 95,824 shares to 199,968 shares, valued at $17.35 million in 2017Q3, according to the filing. It also increased its holding in Lazard Ltd (NYSE:LAZ) by 112,761 shares in the quarter, for a total of 427,507 shares, and has risen its stake in Bank Of America Corporation (NYSE:BAC).

Since August 1, 2017, it had 0 buys, and 7 selling transactions for $10.99 million activity. Daniels Jennifer sold $539,694 worth of Colgate-Palmolive Company (NYSE:CL) on Wednesday, December 13. $2.50 million worth of stock was sold by MOISON FRANCK J on Friday, August 4. HANCOCK ELLEN M also sold $363,664 worth of Colgate-Palmolive Company (NYSE:CL) on Tuesday, August 1. The insider Verduin Patricia sold 3,833 shares worth $273,868. 73,872 Colgate-Palmolive Company (NYSE:CL) shares with value of $5.30 million were sold by HICKEY DENNIS J. 14,000 shares were sold by HUSTON JOHN J, worth $999,064.

First Manhattan Company, which manages about $20.51B and $17.46 billion US Long portfolio, upped its stake in Williams Partners (ACMP) by 34,736 shares to 87,528 shares, valued at $3.40 million in 2017Q3, according to the filing. It also increased its holding in Enanta Pharmaceuti (NASDAQ:ENTA) by 12,400 shares in the quarter, for a total of 947,100 shares, and has risen its stake in Cbs Corporation (NYSE:CBS).

Analysts await Colgate-Palmolive Company (NYSE:CL) to report earnings on January, 26. They expect $0.75 EPS, 0.00% or $0.00 from last year’s $0.75 per share. CL’s profit will be $658.58 million for 24.87 P/E if the $0.75 EPS becomes a reality. After $0.73 actual EPS reported by Colgate-Palmolive Company for the previous quarter, Wall Street now forecasts 2.74% EPS growth.

Among 25 analysts covering Colgate-Palmolive (NYSE:CL), 6 have Buy rating, 1 Sell and 18 Hold. Therefore 24% are positive. Colgate-Palmolive had 63 analyst reports since July 21, 2015 according to SRatingsIntel. As per Monday, October 30, the company rating was maintained by Jefferies. SunTrust upgraded Colgate-Palmolive Company (NYSE:CL) on Wednesday, October 11 to “Buy” rating. The rating was downgraded by Societe Generale on Wednesday, November 29 to “Sell”. RBC Capital Markets maintained it with “Hold” rating and $74 target in Friday, May 26 report. Jefferies maintained the shares of CL in report on Tuesday, August 22 with “Hold” rating. The firm has “Hold” rating given on Friday, October 6 by RBC Capital Markets. As per Friday, July 21, the company rating was maintained by Jefferies. Stifel Nicolaus maintained the stock with “Hold” rating in Monday, September 18 report. UBS maintained the stock with “Neutral” rating in Friday, October 28 report. The firm has “Hold” rating by Jefferies given on Thursday, January 4.

Investors sentiment is 0.9 in Q3 2017. Its the same as in 2017Q2. It is without change, as 52 investors sold CL shares while 437 reduced holdings. only 92 funds opened positions while 350 raised stakes. 617.24 million shares or 0.04% less from 617.46 million shares in 2017Q2 were reported. 86,100 are held by Paradigm Cap Management New York. Wilkins Inv Counsel accumulated 1.51% or 68,050 shares. Jones Fincl Companies Lllp owns 7,172 shares or 0% of their US portfolio. The Connecticut-based Fairfield Bush And has invested 0.23% in Colgate-Palmolive Company (NYSE:CL). Thompson Siegel & Walmsley invested 0% in Colgate-Palmolive Company (NYSE:CL). Aqr Capital Limited Liability Com has 1.70 million shares for 0.15% of their portfolio. North Star Asset Management stated it has 6,166 shares or 0.05% of all its holdings. Harvey holds 0.12% or 4,000 shares in its portfolio. Provident Investment Mgmt holds 0.15% or 11,858 shares. Teacher Retirement Systems Of Texas holds 303,806 shares. Tower Bridge Advisors reported 95,760 shares. Kistler owns 0.13% invested in Colgate-Palmolive Company (NYSE:CL) for 4,178 shares. The Virginia-based Pettyjohn Wood And White Inc has invested 0.08% in Colgate-Palmolive Company (NYSE:CL). Wellington Management Group Llp holds 18.49 million shares or 0.31% of its portfolio. Michigan-based Plante Moran Finance Ltd Limited Liability Company has invested 0.24% in Colgate-Palmolive Company (NYSE:CL).

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 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 Market News

>