Mathes Company Increased By $317,475 Its Applied Materials (AMAT) Holding; Clover Partners LP Has Cut Oritani Finl Del (ORIT) Position

May 22, 2018 - By Clifton Ray

Oritani Financial Corp. (NASDAQ:ORIT) Logo

Mathes Company Inc increased Applied Materials Inc. (AMAT) stake by 20.1% reported in 2017Q4 SEC filing. Mathes Company Inc acquired 6,225 shares as Applied Materials Inc. (AMAT)’s stock rose 6.49%. The Mathes Company Inc holds 37,200 shares with $1.90M value, up from 30,975 last quarter. Applied Materials Inc. now has $52.53B valuation. The stock increased 0.99% or $0.49 during the last trading session, reaching $50. About 19.88M shares traded or 37.93% up from the average. Applied Materials, Inc. (NASDAQ:AMAT) has risen 42.67% since May 22, 2017 and is uptrending. It has outperformed by 31.12% the S&P500.

Clover Partners Lp decreased Oritani Finl Corp Del (ORIT) stake by 27.19% reported in 2017Q4 SEC filing. Clover Partners Lp sold 180,036 shares as Oritani Finl Corp Del (ORIT)’s stock declined 8.68%. The Clover Partners Lp holds 482,062 shares with $7.91 million value, down from 662,098 last quarter. Oritani Finl Corp Del now has $731.88 million valuation. It closed at $15.7 lastly. It is down 5.34% since May 22, 2017 and is downtrending. It has underperformed by 16.89% the S&P500.

Among 4 analysts covering Oritani Financial Corp (NASDAQ:ORIT), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Oritani Financial Corp had 12 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was initiated by Piper Jaffray with “Neutral” on Thursday, April 14. The firm has “Hold” rating given on Monday, March 26 by Sandler O’Neill. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Tuesday, October 3 report. As per Wednesday, August 2, the company rating was maintained by Piper Jaffray. The firm has “Hold” rating by Sandler O’Neill given on Tuesday, October 27. As per Thursday, December 21, the company rating was maintained by Keefe Bruyette & Woods. The stock of Oritani Financial Corp. (NASDAQ:ORIT) earned “Hold” rating by Zacks on Tuesday, August 11. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Monday, February 26. The stock has “Hold” rating by Keefe Bruyette & Woods on Wednesday, January 31. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, July 27.

More news for Oritani Financial Corp. (NASDAQ:ORIT) were recently published by: Nasdaq.com, which released: “New Research: Key Drivers of Growth for Oritani Financial, TIER REIT, The Boston Beer, Fidelity Southern, Riot …” on May 21, 2018. Globenewswire.com‘s article titled: “Oritani Financial Corp. Announces 3rd Quarter Results and Dividend” and published on April 25, 2018 is yet another important article.

Analysts await Oritani Financial Corp. (NASDAQ:ORIT) to report earnings on July, 26. They expect $0.26 earnings per share, down 3.70% or $0.01 from last year’s $0.27 per share. ORIT’s profit will be $12.12 million for 15.10 P/E if the $0.26 EPS becomes a reality. After $0.30 actual earnings per share reported by Oritani Financial Corp. for the previous quarter, Wall Street now forecasts -13.33% negative EPS growth.

Investors sentiment decreased to 1 in Q4 2017. Its down 0.27, from 1.27 in 2017Q3. It turned negative, as 10 investors sold ORIT shares while 44 reduced holdings. 16 funds opened positions while 38 raised stakes. 27.90 million shares or 0.89% less from 28.16 million shares in 2017Q3 were reported. Rhumbline Advisers reported 0% stake. Legal General Group Public Limited Co invested in 77,482 shares. Savings Bank Of Ny Mellon has 0% invested in Oritani Financial Corp. (NASDAQ:ORIT). Blackrock stated it has 0% of its portfolio in Oritani Financial Corp. (NASDAQ:ORIT). Sei Invests has invested 0% in Oritani Financial Corp. (NASDAQ:ORIT). Prudential Financial has 319,772 shares for 0.01% of their portfolio. Amer Intll Group Incorporated holds 0% of its portfolio in Oritani Financial Corp. (NASDAQ:ORIT) for 31,427 shares. Bnp Paribas Arbitrage reported 20,823 shares or 0% of all its holdings. Parallax Volatility Advisers LP has 6,132 shares. 302,276 are owned by Prospector Prns Limited Liability. Moreover, Clover Prtn Limited Partnership has 7.52% invested in Oritani Financial Corp. (NASDAQ:ORIT) for 482,062 shares. 790 were accumulated by Tower Cap Limited Liability Co (Trc). Brown Brothers Harriman & has 0% invested in Oritani Financial Corp. (NASDAQ:ORIT). Systematic Mngmt Lp owns 284,963 shares. Citigroup Inc holds 0% or 11,343 shares.

Among 28 analysts covering Applied Materials Inc. (NASDAQ:AMAT), 25 have Buy rating, 0 Sell and 3 Hold. Therefore 89% are positive. Applied Materials Inc. had 124 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Monday, November 9 by B. Riley & Co. Morgan Stanley maintained the stock with “Overweight” rating in Friday, November 17 report. The firm earned “Buy” rating on Tuesday, January 19 by Credit Agricole. Susquehanna upgraded the shares of AMAT in report on Tuesday, January 16 to “Positive” rating. The rating was maintained by Needham with “Buy” on Thursday, October 19. The rating was downgraded by Summit Research on Tuesday, August 11 to “Buy”. The rating was maintained by Nomura with “Hold” on Friday, August 14. The stock of Applied Materials, Inc. (NASDAQ:AMAT) earned “Outperform” rating by Credit Suisse on Thursday, February 15. The firm has “Strong Buy” rating by Needham given on Monday, January 8. Stifel Nicolaus maintained Applied Materials, Inc. (NASDAQ:AMAT) on Monday, August 15 with “Buy” rating.

Since December 29, 2017, it had 0 buys, and 4 insider sales for $10.41 million activity. Nalamasu Omkaram sold $2.83M worth of stock. $6.44 million worth of stock was sold by Salehpour Ali on Friday, December 29. Forrest Stephen R sold $214,680 worth of stock. Iannotti Thomas J sold $922,050 worth of Applied Materials, Inc. (NASDAQ:AMAT) on Thursday, March 8.

More notable recent Applied Materials, Inc. (NASDAQ:AMAT) news were published by: Nasdaq.com which released: “Applied Materials, Inc. Stock Was Hammered by Earnings, Time to Profit” on May 21, 2018, also 247Wallst.com with their article: “Applied Materials Brings Havoc to Semiconductor Capital Equipment Space” published on May 18, 2018, Nasdaq.com published: “Applied Materials Delivers Strong Year-On-Year Growth in Quarterly Revenue and Earnings Per Share” on May 17, 2018. More interesting news about Applied Materials, Inc. (NASDAQ:AMAT) were released by: Seekingalpha.com and their article: “Tracking David Tepper’s Appaloosa Management Portfolio – Q1 2018 Update” published on May 21, 2018 as well as Seekingalpha.com‘s news article titled: “Semi capital equipment stocks move on Citi note” with publication date: May 14, 2018.

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

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