Air Lease (AL) Shares Rose While Tegean Capital Management Has Upped Position; Swedbank Cut Its Applied Material (AMAT) Stake as Share Price Rose

Swedbank decreased its stake in Applied Material (AMAT) by 88.37% based on its latest 2019Q1 regulatory filing with the SEC. Swedbank sold 2.90M shares as the company’s stock rose 1.59% with the market. The institutional investor held 381,316 shares of the technology company at the end of 2019Q1, valued at $15.12 million, down from 3.28 million at the end of the previous reported quarter. Swedbank who had been investing in Applied Material for a number of months, seems to be less bullish one the $47.50 billion market cap company. The stock decreased 0.16% or $0.08 during the last trading session, reaching $50.74. About 5.17M shares traded. Applied Materials, Inc. (NASDAQ:AMAT) has declined 24.90% since July 28, 2018 and is downtrending. It has underperformed by 29.33% the S&P500. Some Historical AMAT News: 18/05/2018 - Applied Materials Records Highest COGS in Over 28 Years; 17/05/2018 - Applied Materials Sees 3Q Adj EPS $1.13-Adj EPS $1.21; 18/05/2018 - Tech Today: Square Unzettled, Debating AMAT, Google’s 60 Minutes — Barron’s Blog; 18/05/2018 - Applied Materials Stokes Analyst Fears of Slowing Display Market; 26/04/2018 - ADVISORY-Alert on Applied Materials CEO commenting on blockchain technology withdrawn; 29/05/2018 - Applied Materials at AllianceBernstein Conference Tomorrow; 17/05/2018 - Applied Materials 2Q Net $1.13B; 07/03/2018 - Applied Materials Receives lntel’s Preferred Quality Supplier Award; 16/05/2018 - Applied Materials at AllianceBernstein Conference May 30; 17/05/2018 - Applied Materials Sags on Weaker Revenue Outlook — Barron’s Blog

Tegean Capital Management Llc increased its stake in Air Lease Corp (AL) by 63.75% based on its latest 2019Q1 regulatory filing with the SEC. Tegean Capital Management Llc bought 127,500 shares as the company’s stock rose 0.47% with the market. The hedge fund held 327,500 shares of the diversified commercial services company at the end of 2019Q1, valued at $11.25M, up from 200,000 at the end of the previous reported quarter. Tegean Capital Management Llc who had been investing in Air Lease Corp for a number of months, seems to be bullish on the $4.68B market cap company. The stock increased 0.33% or $0.14 during the last trading session, reaching $42.14. About 525,903 shares traded. Air Lease Corporation (NYSE:AL) has declined 13.27% since July 28, 2018 and is downtrending. It has underperformed by 17.70% the S&P500. Some Historical AL News: 10/05/2018 - AIR LEASE 1Q REV. $381M, EST. $379.4M; 10/05/2018 - AIR LEASE: BOEING’S PROPOSED 797 ISN’T AFFECTING A321NEO DEMAND; 10/05/2018 - AIR LEASE: RUSSIA ACCOUNTS FOR 3% OF BOOK VALUE OF FLEET; 10/05/2018 - AIR LEASE CORP - QTRLY SHR $1.00; 10/05/2018 - Air Lease 1Q Rev $381.2M; 10/05/2018 - AIR LEASE TARGETING AIRCRAFT SALES FOR 2H 2018: PLUEGER; 25/05/2018 - Boeing 737 MAX 8 joins Sunwing Fleet; inaugural flight Seattle-Toronto brings first of four aircraft home; 10/05/2018 - AIR LEASE CHAIRMAN STEVEN UDVAR-HAZY COMMENTS ON EARNINGS CALL; 10/05/2018 - AIR LEASE `SKEPTICAL’ OF BOEING, AIRBUS OUTPUT BOOSTS; 05/04/2018 - AIR LEASE FLEET INCL. 253 OWNED, 49 MANAGED CRAFT AT MARCH 31

Investors sentiment decreased to 1.09 in Q1 2019. Its down 0.15, from 1.24 in 2018Q4. It turned negative, as 30 investors sold AL shares while 83 reduced holdings. 33 funds opened positions while 90 raised stakes. 91.21 million shares or 1.18% more from 90.14 million shares in 2018Q4 were reported. Sg Americas Secs Lc has invested 0.01% in Air Lease Corporation (NYSE:AL). 81,384 were accumulated by Natixis Limited Partnership. Copper Rock Cap Limited Liability Corporation accumulated 397,391 shares. 138,843 were accumulated by Cambiar Invsts Lc. Beach Management Ltd Llc owns 11,991 shares for 0.74% of their portfolio. Calamos Limited Liability accumulated 739,861 shares. Moreover, Chicago Equity Prtn Lc has 0.18% invested in Air Lease Corporation (NYSE:AL). Polaris Capital Management Ltd Liability Com holds 0.12% or 83,400 shares. Btr Cap Mngmt Inc holds 235,446 shares or 1.55% of its portfolio. Markston International Ltd Liability Corp holds 0% or 700 shares in its portfolio. Assetmark Inc owns 0% invested in Air Lease Corporation (NYSE:AL) for 564 shares. Farmers And Merchants Investments has 407 shares. Susquehanna Interest Group Ltd Liability Partnership stated it has 0% in Air Lease Corporation (NYSE:AL). Agf Invests accumulated 100,000 shares. Signaturefd Lc invested in 0.01% or 4,894 shares.

More notable recent Air Lease Corporation (NYSE:AL) news were published by: Finance.Yahoo.com which released: “Should You Be Adding H.B. Fuller (NYSE:FUL) To Your Watchlist Today? - Yahoo Finance” on July 22, 2019, also Seekingalpha.com with their article: “Boeing reassures leasing firms over 737 MAX - Seeking Alpha” published on July 16, 2019, Finance.Yahoo.com published: “Here’s Why I Think American Financial Group (NYSE:AFG) Is An Interesting Stock - Yahoo Finance” on July 24, 2019. More interesting news about Air Lease Corporation (NYSE:AL) were released by: Globenewswire.com and their article: “Medtronic Requests Approval of Non-Adjunctive Labeling from FDA - GlobeNewswire” published on July 23, 2019 as well as Finance.Yahoo.com‘s news article titled: “Here’s Why I Think Boston Scientific (NYSE:BSX) Might Deserve Your Attention Today - Yahoo Finance” with publication date: July 08, 2019.

Analysts await Applied Materials, Inc. (NASDAQ:AMAT) to report earnings on August, 15. They expect $0.70 earnings per share, down 41.67% or $0.50 from last year’s $1.2 per share. AMAT’s profit will be $655.27 million for 18.12 P/E if the $0.70 EPS becomes a reality. After $0.70 actual earnings per share reported by Applied Materials, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

More notable recent Applied Materials, Inc. (NASDAQ:AMAT) news were published by: 247Wallst.com which released: “Top Analyst Upgrades & Downgrades: AMD, Amazon, Autodesk, Charles Schwab, Intel, Micron, Regions Financial, Stitch Fix, Uber and More - 24/7 Wall St.” on July 22, 2019, also 247Wallst.com with their article: “Is Semiconductor Short Interest Signaling Higher Highs? - 24/7 Wall St.” published on July 11, 2019, Nasdaq.com published: “Applied Materials (AMAT) Gains As Market Dips: What You Should Know - Nasdaq” on July 17, 2019. More interesting news about Applied Materials, Inc. (NASDAQ:AMAT) were released by: Seekingalpha.com and their article: “Applied Materials: Buying Some Japanese Growth - Seeking Alpha” published on July 08, 2019 as well as Nasdaq.com‘s news article titled: “3 Semiconductor Stocks to Buy in July After Trade War Cease-Fire - Nasdaq” with publication date: July 05, 2019.

Swedbank, which manages about $21.02B US Long portfolio, upped its stake in 3M Co (NYSE:MMM) by 3,011 shares to 756,465 shares, valued at $157.18M in 2019Q1, according to the filing. It also increased its holding in Paypal Holdings by 199,322 shares in the quarter, for a total of 2.59M shares, and has risen its stake in Visa Inc (NYSE:V).

Applied Materials, Inc. (NASDAQ:AMAT) Institutional Positions Chart

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