15 July, 2017
Van ECK Associates Corp now owns 1,360 shares of the specialty chemicals company's stock valued at $117,000 after buying an additional 672 shares during the last quarter. Albemarle Corp now has $13.45 billion valuation. The stock rose 1.11% or $1.31 reaching $118.99. About 2 shares traded.
Albemarle Corporation (ALB) opened at 117.68 on Wednesday. It has outperformed by 28.90% the S&P500. The stock has a market capitalization of $13.03 billion, a price-to-earnings ratio of 28.60 and a beta of 1.58. The Company serves various end markets, including petroleum refining, consumer electronics, energy storage, construction, automotive, lubricants, pharmaceuticals, crop protection, food safety and custom chemistry services. It has a 47.22 P/E ratio. The Firm operates through five divisions: Carlisle Construction Materials; Carlisle Interconnect Technologies (Interconnect Technologies); Carlisle Fluid Technologies (Fluid Technologies); Carlisle Brake & Friction (Brake & Friction), and Carlisle FoodService Products (FoodService Products). The brokerage now has a $125.00 target price on the specialty chemicals company's stock. J C Penney Company Inc (NYSE:JCP) has declined 40.00% since July 14, 2016 and is downtrending. It has underperformed by 41.10% the S&P500. - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Albemarle Corporation and related companies. (NYSE:CSL) to report earnings on July, 25 after the close. They expect $1.70 earnings per share, down 2.86% or $0.05 from last year's $1.75 per share. CSL's profit will be $109.59M for 14.37 P/E if the $1.70 EPS becomes a reality.
Excalibur Management Corp holds 8.62% of its portfolio in Carlisle Companies, Inc. for 85,806 shares. Inverness Counsel Llc Ny owns 833,034 shares or 6.92% of their United States portfolio. About shares traded. Akoustis Technologies Inc (NASDAQ:AKTS) has 0.00% since July 14, 2016 and is. The Missouri-based Jag Capital Management Llc has invested 2.48% in the stock. Atlanta Capital Management Co L L C, a Georgia-based fund reported 2.31 million shares.
Albemarle Corporation (NYSE:ALB) last released its quarterly earnings results on Wednesday, May 3rd. Company has far performed well this year, with the share price up 36.71% since January. After $1.05 actual EPS reported by Albemarle Corporation for the previous quarter, Wall Street now forecasts -1.90% negative EPS growth. Out of 2 Wall Street analysts rating Albemarle, 2 give it "Buy", 0 "Sell" rating, while 0 recommend "Hold". Therefore 73% are positive.
Tide Point Capital Management Lp decreased Albemarle Corp (ALB) stake by 16.34% reported in 2016Q4 SEC filing. The firm has "Buy" rating by Deutsche Bank given on Friday, August 5. RBC Capital Markets maintained the stock with "Outperform" rating in Monday, May 8 report. The rating was maintained by Citigroup with "Buy" on Monday, April 18. Aegis reiterated a "buy" rating on shares of Albemarle Corporation in a research note on Friday, July 7th. On Friday, March 17 the stock rating was maintained by RBC Capital Markets with "Outperform".
Albemarle Corporation is a global developer, manufacturer and marketer of highly-engineered specialty chemicals. The stock has an average rating of "Buy" and an average target price of $103.93. As per Friday, August 7, the company rating was upgraded by SunTrust. The firm earned "Buy" rating on Thursday, May 12 by Jefferies. The rating was maintained by AlphaValue with "Add" on Thursday, December 3. The rating was maintained by Deutsche Bank with "Buy" on Thursday, May 12.
Since January 1, 0001, it had 0 insider purchases, and 5 sales for $4.14 million activity.
Neuberger Berman Group LLC lowered its stake in Albemarle Corporation (NYSE:ALB) by 9.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. Following the transaction, the chief financial officer now directly owns 57,506 shares in the company, valued at approximately $6,333,135.78. 4,929 shares valued at $510,644 were sold by KISSAM LUTHER C IV on Wednesday, March 1.
In other Albemarle Corporation news, EVP Karen G. Narwold sold 20,000 shares of the company's stock in a transaction that occurred on Monday, June 19th. Its the same as in 2016Q3.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Banque Pictet Cie Sa invested 0.01% in Albemarle Corporation (NYSE:ALB). Robert W. Baird downgraded the shares of CVS in report on Thursday, February 2 to "Neutral" rating. Next Gru holds 0% or 269 shares in its portfolio. Swiss Financial Bank reported 310,706 shares or 0.04% of all its holdings. Investors of record on Friday, September 15th will be issued a $0.32 dividend. The total number of Outstanding Shares is 110.75 Million. Tortoise Cap Advsrs Ltd invested 0% in Albemarle Corporation (NYSE:ALB). Earnest Limited Liability Co has 120 shares for 0% of their portfolio. Point72 Asset Mgmt Ltd Partnership holds 147,600 shares or 0.09% of its portfolio.
Financial Architects Inc decreased Wisdomtree Tr (HEDJ) stake by 6,823 shares to 4,965 valued at $285,000 in 2016Q4.
