Centre Asset Management Has Boosted By $1.39 Million Its Applied Materials (AMAT) Position; Franks International N.V. (FI) Shorts Up By 10.33%

March 7, 2018 - By Jerrie Dane

Centre Asset Management Llc increased Applied Materials Inc (AMAT) stake by 20% reported in 2017Q3 SEC filing. Centre Asset Management Llc acquired 26,800 shares as Applied Materials Inc (AMAT)’s stock rose 23.58%. The Centre Asset Management Llc holds 160,800 shares with $8.38 million value, up from 134,000 last quarter. Applied Materials Inc now has $63.03 billion valuation. The stock increased 4.10% or $2.36 during the last trading session, reaching $59.99. About 23.27 million shares traded or 67.63% up from the average. Applied Materials, Inc. (NASDAQ:AMAT) has risen 121.40% since March 7, 2017 and is uptrending. It has outperformed by 104.70% the S&P500.

Franks International N.V. (NYSE:FI) had an increase of 10.33% in short interest. FI’s SI was 11.41 million shares in March as released by FINRA. Its up 10.33% from 10.34M shares previously. With 630,800 avg volume, 18 days are for Franks International N.V. (NYSE:FI)’s short sellers to cover FI’s short positions. The SI to Franks International N.V.’s float is 44%. The stock increased 1.81% or $0.1 during the last trading session, reaching $5.61. About 857,562 shares traded. Frank's International N.V. (NYSE:FI) has declined 43.86% since March 7, 2017 and is downtrending. It has underperformed by 60.56% the S&P500.

Among 20 analysts covering Frank’s International N.V. (NYSE:FI), 3 have Buy rating, 6 Sell and 11 Hold. Therefore 15% are positive. Frank’s International N.V. has $23 highest and $5.0 lowest target. $12.46’s average target is 122.10% above currents $5.61 stock price. Frank’s International N.V. had 59 analyst reports since August 6, 2015 according to SRatingsIntel. Jefferies downgraded the stock to “Underperform” rating in Monday, July 11 report. Morgan Stanley maintained the stock with “Overweight” rating in Tuesday, April 19 report. The rating was maintained by RBC Capital Markets on Friday, September 1 with “Buy”. The company was maintained on Tuesday, August 8 by Jefferies. The stock of Frank's International N.V. (NYSE:FI) has “Sell” rating given on Thursday, July 20 by RBC Capital Markets. On Wednesday, June 22 the stock rating was initiated by JP Morgan with “Neutral”. On Monday, March 5 the stock rating was upgraded by Seaport Global to “Hold”. The firm has “Hold” rating by Jefferies given on Thursday, July 20. The stock of Frank's International N.V. (NYSE:FI) earned “Hold” rating by Piper Jaffray on Monday, August 7. The company was initiated on Friday, October 16 by Gabelli.

Since September 6, 2017, it had 0 buys, and 8 sales for $42.52 million activity. The insider Miller Sharon M. sold $9.36 million. Bradford’s GP – LLC sold $3.37 million worth of Frank's International N.V. (NYSE:FI) on Wednesday, September 13. On Tuesday, September 12 the insider Cestero Alejandro sold $50,088. Kendall G. Mosing Family – L.L.C. sold $10.88 million worth of stock or 1.50 million shares. Mosing William Bradford sold $3.37M worth of stock or 450,000 shares. WBM Partnership – LP had sold 450,000 shares worth $3.37M. The insider Mosing Kendall Garrett sold 1.50 million shares worth $10.88 million.

Investors sentiment increased to 1.38 in Q3 2017. Its up 0.36, from 1.02 in 2017Q2. It is positive, as 19 investors sold Frank's International N.V. shares while 28 reduced holdings. 16 funds opened positions while 32 raised stakes. 74.78 million shares or 7.25% more from 69.73 million shares in 2017Q2 were reported. State Street reported 1.70M shares. California State Teachers Retirement reported 80,429 shares. Hawkins Cap Limited Partnership has invested 0.09% in Frank's International N.V. (NYSE:FI). 39,561 were accumulated by Credit Suisse Ag. Comerica State Bank has invested 0.01% in Frank's International N.V. (NYSE:FI). Bokf Na invested in 0% or 10,420 shares. Group Inc One Trading Limited Partnership invested 0% of its portfolio in Frank's International N.V. (NYSE:FI). Ubs Asset Management Americas stated it has 51,375 shares or 0% of all its holdings. Alliancebernstein Ltd Partnership invested in 63,100 shares or 0% of the stock. Blackrock Incorporated stated it has 0% in Frank's International N.V. (NYSE:FI). Walleye Trading Limited Liability Com owns 0% invested in Frank's International N.V. (NYSE:FI) for 15,047 shares. 14,589 were reported by Landscape Cap Mngmt Limited Liability Corporation. Wells Fargo Commerce Mn reported 0% stake. Financial Bank Of Montreal Can accumulated 1,544 shares. Parametric Portfolio Associates Ltd holds 260,111 shares.

FrankÂ’s International N.V. provides various engineered tubular services for the gas and oil exploration and production companies in the United States and internationally. The company has market cap of $1.25 billion. The firm operates through four divisions: International Services, U.S. It currently has negative earnings. Services, Tubular Sales, and Blackhawk.

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. $55.08’s average target is -8.18% below currents $59.99 stock price. Applied Materials Inc. had 117 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Buy” rating by Deutsche Bank given on Friday, February 19. The rating was initiated by Morgan Stanley with “Overweight” on Tuesday, December 15. As per Wednesday, September 13, the company rating was upgraded by Goldman Sachs. Goldman Sachs downgraded the shares of AMAT in report on Monday, December 19 to “Neutral” rating. The rating was maintained by Piper Jaffray with “Buy” on Thursday, August 6. The stock has “Buy” rating by Citigroup on Monday, November 20. As per Thursday, February 15, the company rating was maintained by Stifel Nicolaus. Cowen & Co maintained the stock with “Outperform” rating in Friday, August 14 report. The stock of Applied Materials, Inc. (NASDAQ:AMAT) has “Outperform” rating given on Wednesday, November 11 by Cowen & Co. As per Friday, August 19, the company rating was maintained by Citigroup.

Investors sentiment decreased to 0.86 in Q3 2017. Its down 0.20, from 1.06 in 2017Q2. It worsened, 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. Hm Payson And holds 0.29% or 131,334 shares in its portfolio. Exane Derivatives accumulated 3,476 shares. Asset Management One has invested 0.21% in Applied Materials, Inc. (NASDAQ:AMAT). New Jersey-based Nj State Employees Deferred Compensation Plan has invested 0.52% in Applied Materials, Inc. (NASDAQ:AMAT). Robeco Institutional Asset Mngmt Bv owns 755,249 shares. Egerton (Uk) Ltd Liability Partnership holds 7.88% in Applied Materials, Inc. (NASDAQ:AMAT) or 16.92 million shares. 17,600 were accumulated by Boothbay Fund Mgmt. Wilbanks Smith & Thomas Asset Mngmt Limited Liability holds 0.03% or 7,731 shares. Howe & Rusling invested in 1.29% or 133,957 shares. Hamilton Point Invest Advsrs has invested 1.4% in Applied Materials, Inc. (NASDAQ:AMAT). 5,750 are held by Elm Advsr Ltd Liability Corporation. Rothschild Inv Il holds 0.06% or 9,415 shares. Wealthtrust Axiom Ltd Limited Liability Company holds 4,902 shares. Evanston Dba Evanston has 2.12% invested in Applied Materials, Inc. (NASDAQ:AMAT). Private Advisor Group Ltd Liability Company invested 0.05% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT).