Vanguard Group Inc. now owns 12,287,799 shares of the specialty chemicals company's stock valued at $1,298,083,000 after buying an additional 725,702 shares during the period. Usa Technologies Inc now has $270.09M valuation. The stock declined 5.91% or $7.27 reaching $115.81 per share. About 45,901 shares traded. Clearbridge Energy MLP Total Return Fund (CTR) has 0.00% since August 7, 2016 and is. It has underperformed by 16.70% the S&P500. BB&T Corp increased its stake in shares of Albemarle Corporation by 9.2% in the second quarter. Emerald Advisers Inc sold 147,091 shares as Usa Technologies Inc (USAT)'s stock rose 9.64%. The California Public Employees Retirement System holds 241,429 shares with $20.78M value, down from 254,329 last quarter. The stock rose 1.62% or $1.94 reaching $121.54. Nuveen Asset Management Limited Liability accumulated 37,864 shares.
Analysts await Albemarle Corporation (NASDAQ:ALB) to report earnings on Aug, 07 for the fiscal quarter ending Jun 2017. It has outperformed by 28.90% the S&P500. Finally, Morgan Stanley dropped their price target on shares of Albemarle Corporation from $100.00 to $72.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 25th. The firm has "Mkt Perform" rating by JMP Securities given on Thursday, November 17. The firm has "Neutral" rating given on Thursday, August 4 by UBS. On May 12 Jefferies left the stock rating at "Buy" and raised the price expectation to $89.00 from $65.00. The firm earned "Buy" rating on Wednesday, April 5 by Jefferies.
Investors sentiment increased to 0.87 in Q4 2016. Its down 0.24, from 0.98 in 2016Q3. Thrivent Financial for Lutherans increased its stake in Albemarle Corporation by 7.1% in the fourth quarter. Institutional investors and hedge funds own 86.17% of the company's stock.
TRADEMARK VIOLATION WARNING: "Contravisory Investment Management Inc". Oslo Asset Mgmt As owns 20,900 shares or 0.54% of their United States portfolio.
On 11/3/2016 announced a quarterly dividend of $0.31 1.46% with an ex dividend date of 12/13/2016 which will be payable on 12/15/2016. Stockholders of record on Friday, September 15th will be paid a $0.32 dividend. Commonwealth Bancorporation Of Aus reported 745 shares or 0% of all its holdings. Usca Ria Lc invested in 10,569 shares or 0.13% of the stock. Bridgeway invested in 0.03% or 133,050 shares. Blackrock Institutional Tru Na reported 0.04% of its portfolio in Albemarle Corporation (NYSE:ALB). Therefore 32% are positive. New York-based Alpine Woods Ltd Llc has invested 0.06% in Albemarle Corporation (NYSE:ALB). The rating was upgraded by SunTrust to "Buy" on Friday, August 7. Albemarle Corporation has an average rating of Buy and an average target price of $105.50. Albemarle Corporation shares had a trading volume of 1,077K in the last trading session. As per Tuesday, December 29, the company rating was maintained by Jefferies.
Among 15 analysts covering Albemarle Corporation (NYSE:ALB), 11 have Buy rating, 0 Sell and 4 Hold. The company has market cap of $13.54 billion. RBC Capital Markets maintained it with "Outperform" rating and $136 target in Monday, May 8 report. Robert W. Baird restated an "outperform" rating and set a $135.00 price objective (up from $125.00) on shares of Albemarle Corporation in a report on Tuesday, July 18th. Analysts expect next quarter's EPS will be $1.09 with next year's EPS anticipated to be $5.05. Tiaa Cref Inv Mgmt Limited Liability reported 228,127 shares stake. Symphony Asset Mngmt Limited Liability Corp holds 0.02% in Albemarle Corporation (NYSE:ALB) or 2,545 shares. Also, CFO Scott Tozier sold 25,000 shares of the firm's stock in a transaction that occurred on Friday, July 7th. As of quarter end Tower Research Capital LLC (trc) had sold 2,835 shares trimming its stake by 93.9%. BKD Wealth Advisors LLC raised its position in Albemarle Corporation by 3.9% in the first quarter. It also upped Intercontinentalexchange Group Inc (NYSE:ICE) stake by 10,153 shares and now owns 12,681 shares.
Investors sentiment is 1.1 in 2016 Q4. Its the same as in 2016Q3.
A number of large investors have recently made changes to their positions in ALB. Old Point & Service N A stated it has 2,400 shares or 0.12% of all its holdings. With 1.25 million avg volume, 3 days are for Albemarle Corporation (NYSE:ALB)'s short sellers to cover ALB's short positions. (NASDAQ:FSLR). Grace White owns 0.69% invested in First Solar, Inc. The stock of Albemarle Corporation (NYSE:ALB) has "Neutral" rating given on Tuesday, February 23 by JP Morgan. Fdx Advisors accumulated 21,448 shares. Glovista Invs Ltd Company holds 5,649 shares. Huntington Retail Bank invested 0.02% in Albemarle Corporation (NYSE:ALB).
Currently, EPS of Albemarle Corporation (ALB) is 1.13 while the analysts predicted the EPS of the stock to be 1.11 suggesting the company fell short of the analysts' expectations. Egerton Capital (Uk) Ltd Liability Partnership has invested 1.79% in Albemarle Corporation (NYSE:ALB). Axa has invested 0% in First Solar, Inc. Andra Ap holds 24,100 shares or 0.06% of its portfolio.
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