Strategic Global Advisors Has Lifted Its Applied Matls (AMAT) Stake; ARC Document Solutions, Inc. (ARC) Covered By 2 Bullish Analysts Last Week

February 15, 2018 - By Louis Casey

Among 5 analysts covering ARC Document Solutions (NYSE:ARC), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. ARC Document Solutions had 10 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was downgraded by Zacks on Monday, September 7 to “Sell”. The rating was maintained by B. Riley & Co with “Buy” on Monday, March 20. The stock of ARC Document Solutions, Inc. (NYSE:ARC) has “Buy” rating given on Tuesday, October 20 by Sidoti. The rating was downgraded by FBR Capital on Thursday, November 2 to “Hold”. The firm has “Buy” rating given on Friday, January 8 by B. Riley & Co. The stock of ARC Document Solutions, Inc. (NYSE:ARC) earned “Hold” rating by Zacks on Tuesday, August 25. William Blair downgraded the stock to “Market Perform” rating in Thursday, November 5 report. The firm earned “Hold” rating on Friday, August 7 by TheStreet. As per Monday, August 31, the company rating was upgraded by Zacks. See ARC Document Solutions, Inc. (NYSE:ARC) latest ratings:

02/11/2017 Broker: FBR Capital Rating: Hold New Target: $4.0 Downgrade
30/10/2017 Broker: B. Riley & Co Rating: Buy New Target: $5.25

Strategic Global Advisors Llc increased Applied Matls Inc (AMAT) stake by 44.73% reported in 2017Q3 SEC filing. Strategic Global Advisors Llc acquired 11,747 shares as Applied Matls Inc (AMAT)’s stock rose 23.58%. The Strategic Global Advisors Llc holds 38,008 shares with $1.98M value, up from 26,261 last quarter. Applied Matls Inc now has $55.89B valuation. The stock increased 2.27% or $1.18 during the last trading session, reaching $53.14. About 18.61 million shares traded or 40.27% up from the average. Applied Materials, Inc. (NASDAQ:AMAT) has risen 121.40% since February 15, 2017 and is uptrending. It has outperformed by 104.70% the S&P500.

Investors sentiment increased to 1.14 in Q3 2017. Its up 0.24, from 0.9 in 2017Q2. It is positive, as 7 investors sold ARC Document Solutions, Inc. shares while 29 reduced holdings. 14 funds opened positions while 27 raised stakes. 31.78 million shares or 0.64% less from 31.98 million shares in 2017Q2 were reported. Federated Investors Pa holds 0% of its portfolio in ARC Document Solutions, Inc. (NYSE:ARC) for 69,642 shares. Punch & Associates Invest Mgmt holds 0.68% or 1.89M shares. Rbf Capital Ltd stated it has 0.01% of its portfolio in ARC Document Solutions, Inc. (NYSE:ARC). Royal Bank Of Canada holds 0% of its portfolio in ARC Document Solutions, Inc. (NYSE:ARC) for 69,688 shares. Moreover, First Quadrant Lp Ca has 0.02% invested in ARC Document Solutions, Inc. (NYSE:ARC) for 246,727 shares. Macquarie Group Inc owns 14,348 shares. Cornerstone Capital Mngmt Ltd Limited Liability Company owns 56,500 shares. 64,298 were accumulated by Globeflex Capital Lp. Ameriprise invested in 0% or 575,250 shares. Credit Suisse Ag reported 28,652 shares stake. State Street owns 691,518 shares. Blackrock, New York-based fund reported 5.15M shares. Spark Inv Management Ltd Limited Liability Company has 188,800 shares for 0.04% of their portfolio. Northern Tru Corp invested 0% in ARC Document Solutions, Inc. (NYSE:ARC). Bridgeway Incorporated holds 0.02% or 381,800 shares.

ARC Document Solutions, Inc., a reprographics company, provides document solutions worldwide. The company has market cap of $102.21 million. It offers managed print services, an onsite service that places, manages, and optimizes print and imaging equipment in customers' offices, job sites, and other facilities; and operates 177 offsite service centers that offer managed print service clients with the flexibility and overflow capacity during peak workloads. It currently has negative earnings. The firm also provides archive and information management services; and specialized color printing comprising color printing, finishing and assembly of graphic materials for regional and national retailers, franchises, marketing departments, theme parks, and cultural institutions.

Since December 29, 2017, it had 1 buying transaction, and 0 insider sales for $3,001 activity. On Friday, December 29 Grimes Dennis Jeffery bought $3,001 worth of ARC Document Solutions, Inc. (NYSE:ARC) or 1,383 shares.

The stock increased 1.38% or $0.03 during the last trading session, reaching $2.2. About 137,271 shares traded. ARC Document Solutions, Inc. (NYSE:ARC) has declined 8.97% since February 15, 2017 and is downtrending. It has underperformed by 25.67% the S&P500.

Strategic Global Advisors Llc decreased Microsoft Corp (NASDAQ:MSFT) stake by 10,633 shares to 32,146 valued at $2.40 million in 2017Q3. It also reduced Visteon Corp (NYSE:VC) stake by 8,091 shares and now owns 14,552 shares. Thor Inds Inc (NYSE:THO) was reduced too.

Since August 23, 2017, it had 0 buys, and 5 sales for $12.03 million activity. On Thursday, October 5 the insider Larkins Thomas F sold $1.54 million. On Wednesday, August 23 the insider Karsner Alexander sold $1.00 million. $2.83 million worth of stock was sold by Nalamasu Omkaram on Tuesday, January 2. On Friday, December 29 Salehpour Ali sold $6.44M worth of Applied Materials, Inc. (NASDAQ:AMAT) or 125,125 shares. $214,680 worth of Applied Materials, Inc. (NASDAQ:AMAT) was sold by Forrest Stephen R.

Investors sentiment increased to 1.06 in 2017 Q3. Its up 0.24, from 0.82 in 2017Q2. It is positive, 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. Everence Cap Management holds 24,367 shares. Advisory Svcs Limited Liability Company stated it has 0.24% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT). West Oak Lc has 0.15% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 4,845 shares. Credit Agricole S A holds 0.22% in Applied Materials, Inc. (NASDAQ:AMAT) or 1.21M shares. Johnson Inv Counsel has invested 0.01% in Applied Materials, Inc. (NASDAQ:AMAT). Fifth Third Bank owns 0% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 9,212 shares. Voya Inv Limited Co reported 0.08% stake. Paloma Partners Management holds 0.08% of its portfolio in Applied Materials, Inc. (NASDAQ:AMAT) for 106,295 shares. Michigan-based Lvm Management Limited Mi has invested 0.27% in Applied Materials, Inc. (NASDAQ:AMAT). Riverhead Capital Management invested in 348,445 shares or 0.85% of the stock. Jefferies Ltd Liability Corp invested 0.03% in Applied Materials, Inc. (NASDAQ:AMAT). Lazard Asset Management Ltd Liability Co reported 6.02M shares. Meiji Yasuda Asset invested in 0.15% or 29,447 shares. Moreover, Andra Ap has 0.16% invested in Applied Materials, Inc. (NASDAQ:AMAT). Whitnell Commerce owns 0.12% invested in Applied Materials, Inc. (NASDAQ:AMAT) for 5,188 shares.

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. had 113 analyst reports since August 4, 2015 according to SRatingsIntel. UBS upgraded the stock to “Buy” rating in Thursday, April 14 report. As per Friday, August 18, the company rating was maintained by Deutsche Bank. Cowen & Co maintained the shares of AMAT in report on Friday, May 20 with “Outperform” rating. As per Tuesday, August 1, the company rating was maintained by RBC Capital Markets. The stock has “Buy” rating by Deutsche Bank on Thursday, October 12. Needham upgraded the shares of AMAT in report on Friday, February 19 to “Buy” rating. The company was maintained on Friday, August 14 by RBC Capital Markets. The firm earned “Conviction Buy” rating on Wednesday, February 3 by Goldman Sachs. B. Riley & Co maintained Applied Materials, Inc. (NASDAQ:AMAT) on Thursday, August 11 with “Buy” rating. Cowen & Co maintained Applied Materials, Inc. (NASDAQ:AMAT) rating on Monday, February 13. Cowen & Co has “Outperform” rating and $40 target.

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