Harvey Capital Management Has Lifted Position in Albemarle (ALB) by $3.57 Million as Market Value Rose; Seaward Management Limited Partnership Trimmed Stake in Mondelez Intl Cl A (MDLZ) as Share Value Rose

January 14, 2018 - By Louis Casey

Seaward Management Limited Partnership decreased its stake in Mondelez Intl Inc Cl A (MDLZ) by 1.64% based on its latest 2017Q3 regulatory filing with the SEC. Seaward Management Limited Partnership sold 10,680 shares as the company’s stock rose 7.60% with the market. The institutional investor held 642,286 shares of the consumer non-durables company at the end of 2017Q3, valued at $26.12M, down from 652,966 at the end of the previous reported quarter. Seaward Management Limited Partnership who had been investing in Mondelez Intl Inc Cl A for a number of months, seems to be less bullish one the $63.47B market cap company. The stock decreased 0.09% or $0.04 during the last trading session, reaching $42.47. About 7.18M shares traded. Mondelez International, Inc. (NASDAQ:MDLZ) has risen 5.69% since January 14, 2017 and is uptrending. It has underperformed by 11.01% the S&P500.

Harvey Capital Management Inc increased its stake in Albemarle Corp (ALB) by 222.15% based on its latest 2017Q3 regulatory filing with the SEC. Harvey Capital Management Inc bought 26,280 shares as the company’s stock rose 20.02% with the market. The institutional investor held 38,110 shares of the major chemicals company at the end of 2017Q3, valued at $5.19 million, up from 11,830 at the end of the previous reported quarter. Harvey Capital Management Inc who had been investing in Albemarle Corp for a number of months, seems to be bullish on the $14.75B market cap company. The stock decreased 0.87% or $1.17 during the last trading session, reaching $133.52. About 990,097 shares traded. Albemarle Corporation (NYSE:ALB) has risen 45.60% since January 14, 2017 and is uptrending. It has outperformed by 28.90% the S&P500.

Among 21 analysts covering Albemarle Corporation (NYSE:ALB), 12 have Buy rating, 0 Sell and 9 Hold. Therefore 57% are positive. Albemarle Corporation had 61 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Albemarle Corporation (NYSE:ALB) has “Neutral” rating given on Thursday, March 10 by Seaport Global. Citigroup maintained Albemarle Corporation (NYSE:ALB) on Monday, April 18 with “Buy” rating. JP Morgan maintained it with “Neutral” rating and $52 target in Tuesday, February 23 report. Jefferies maintained the shares of ALB in report on Tuesday, December 29 with “Buy” rating. The firm has “Outperform” rating given on Wednesday, March 1 by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, November 9. The firm has “Buy” rating by Citigroup given on Tuesday, August 9. As per Friday, October 6, the company rating was downgraded by Goldman Sachs. The company was maintained on Thursday, November 9 by UBS. The firm earned “Outperform” rating on Friday, March 17 by RBC Capital Markets.

Since August 23, 2017, it had 0 insider buys, and 2 sales for $1.96 million activity. Another trade for 5,397 shares valued at $624,811 was sold by Juneau Matthew.

Investors sentiment decreased to 1.13 in 2017 Q3. Its down 0.12, from 1.25 in 2017Q2. It is negative, as 53 investors sold ALB shares while 158 reduced holdings. 77 funds opened positions while 161 raised stakes. 95.18 million shares or 4.66% more from 90.94 million shares in 2017Q2 were reported. Fifth Third Retail Bank holds 0.06% of its portfolio in Albemarle Corporation (NYSE:ALB) for 65,714 shares. Glg Lc holds 0.05% or 5,116 shares. 1,639 are held by Stratos Wealth Ltd. Cornerstone Advsrs Inc has invested 0.19% in Albemarle Corporation (NYSE:ALB). Electron Cap Prtn Lc owns 113,336 shares or 2.88% of their US portfolio. Zacks Invest Management, Illinois-based fund reported 5,006 shares. The New York-based Jane Street Gp Ltd Limited Liability Company has invested 0.01% in Albemarle Corporation (NYSE:ALB). Principal Financial Grp reported 321,859 shares. Barometer Cap Inc stated it has 2.17% in Albemarle Corporation (NYSE:ALB). Numeric Invsts Ltd reported 3,500 shares or 0% of all its holdings. Malaga Cove Cap Limited Liability Com reported 200 shares. United Svcs Automobile Association reported 0.08% of its portfolio in Albemarle Corporation (NYSE:ALB). Winch Advisory Svcs Ltd Llc has 0.04% invested in Albemarle Corporation (NYSE:ALB). Gabelli Funds Ltd Liability Com owns 105,000 shares. Cypress Cap Grp invested in 3,406 shares.

Investors sentiment decreased to 0.84 in Q3 2017. Its down 0.15, from 0.99 in 2017Q2. It is negative, as 78 investors sold MDLZ shares while 422 reduced holdings. 81 funds opened positions while 339 raised stakes. 1.08 billion shares or 2.31% less from 1.11 billion shares in 2017Q2 were reported. Moreover, Harvey Limited Co has 0.44% invested in Mondelez International, Inc. (NASDAQ:MDLZ) for 54,692 shares. Great West Life Assurance Can accumulated 0.14% or 1.34 million shares. Zurcher Kantonalbank (Zurich Cantonalbank), a Switzerland-based fund reported 920,078 shares. Rampart Management Ltd Liability Corporation stated it has 18,729 shares. San Francisco Sentry Invest Group (Ca) holds 0.13% or 9,391 shares in its portfolio. Yhb Invest Advisors has 116,842 shares for 0.85% of their portfolio. Oregon Public Employees Retirement Fund has 0.11% invested in Mondelez International, Inc. (NASDAQ:MDLZ). Mar Vista Invest Prns Limited Liability Company holds 2.38% or 1.41 million shares in its portfolio. Advisory Net Limited Liability Co holds 0.07% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ) for 15,483 shares. Brown Advisory reported 376,202 shares. Cullen Frost Bankers holds 0.09% of its portfolio in Mondelez International, Inc. (NASDAQ:MDLZ) for 70,348 shares. Fiduciary Trust Commerce owns 51,338 shares. Quebec – Canada-based Sector Pension Board has invested 0.46% in Mondelez International, Inc. (NASDAQ:MDLZ). Verus Fincl Partners Incorporated reported 0.08% in Mondelez International, Inc. (NASDAQ:MDLZ). Addison Co invested in 71,911 shares.

Since August 8, 2017, it had 0 insider buys, and 2 selling transactions for $559,992 activity. $286,580 worth of Mondelez International, Inc. (NASDAQ:MDLZ) shares were sold by Myers Daniel P..

Among 21 analysts covering Mondelez International Inc (NASDAQ:MDLZ), 16 have Buy rating, 1 Sell and 4 Hold. Therefore 76% are positive. Mondelez International Inc had 54 analyst reports since July 31, 2015 according to SRatingsIntel. Credit Suisse maintained it with “Outperform” rating and $50 target in Tuesday, January 19 report. Susquehanna maintained the stock with “Hold” rating in Wednesday, August 2 report. BMO Capital Markets maintained the shares of MDLZ in report on Wednesday, September 6 with “Buy” rating. JP Morgan maintained the stock with “Overweight” rating in Wednesday, November 1 report. Canaccord Genuity upgraded the shares of MDLZ in report on Thursday, February 4 to “Buy” rating. As per Tuesday, October 3, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained Mondelez International, Inc. (NASDAQ:MDLZ) rating on Thursday, July 6. RBC Capital Markets has “Buy” rating and $5400 target. The firm earned “Positive” rating on Monday, October 26 by Susquehanna. The stock has “Buy” rating by Goldman Sachs on Tuesday, April 4. Deutsche Bank reinitiated the stock with “Hold” rating in Thursday, November 10 report.

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