Tortoise Capital Advisors Upped By $665,040 Its Albemarle (ALB) Position; Electromed (NYSEAMERICAN:ELMD) Shorts Down By 26.89%

March 15, 2018 - By wolcottdaily

Tortoise Capital Advisors Llc increased Albemarle Corp (ALB) stake by 30562.5% reported in 2017Q3 SEC filing. Tortoise Capital Advisors Llc acquired 4,890 shares as Albemarle Corp (ALB)’s stock rose 20.02%. The Tortoise Capital Advisors Llc holds 4,906 shares with $669,000 value, up from 16 last quarter. Albemarle Corp now has $10.85 billion valuation. The stock decreased 2.25% or $2.26 during the last trading session, reaching $98.07. About 1.51 million shares traded. Albemarle Corporation (NYSE:ALB) has risen 45.60% since March 15, 2017 and is uptrending. It has outperformed by 28.90% the S&P500.

Electromed Inc (NYSEAMERICAN:ELMD) had a decrease of 26.89% in short interest. ELMD’s SI was 37,800 shares in March as released by FINRA. Its down 26.89% from 51,700 shares previously. With 16,000 avg volume, 2 days are for Electromed Inc (NYSEAMERICAN:ELMD)’s short sellers to cover ELMD’s short positions. The SI to Electromed Inc’s float is 0.8%. It closed at $5.63 lastly. It is down 9.44% since March 15, 2017 and is uptrending. It has underperformed by 7.26% the S&P500.

Among 23 analysts covering Albemarle Corporation (NYSE:ALB), 16 have Buy rating, 1 Sell and 6 Hold. Therefore 70% are positive. Albemarle Corporation had 73 analyst reports since August 7, 2015 according to SRatingsIntel. The company was downgraded on Friday, October 6 by Goldman Sachs. Citigroup maintained Albemarle Corporation (NYSE:ALB) rating on Thursday, March 1. Citigroup has “Neutral” rating and $112 target. Nomura maintained the stock with “Buy” rating in Tuesday, October 10 report. Robert W. Baird maintained the shares of ALB in report on Tuesday, August 22 with “Buy” rating. Oppenheimer maintained the stock with “Buy” rating in Thursday, November 9 report. The rating was maintained by RBC Capital Markets on Monday, September 18 with “Buy”. The stock has “Buy” rating by UBS on Tuesday, January 30. The rating was maintained by RBC Capital Markets on Monday, May 8 with “Outperform”. The rating was downgraded by Suntrust Robinson on Wednesday, August 9 to “Hold”. The stock of Albemarle Corporation (NYSE:ALB) has “Buy” rating given on Thursday, March 1 by RBC Capital Markets.

Investors sentiment decreased to 1.01 in 2017 Q3. Its down 0.12, from 1.13 in 2017Q2. It dived, 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. At National Bank & Trust holds 0.24% or 15,273 shares. Cypress Group stated it has 3,406 shares or 0.1% of all its holdings. Bedrijfstakpensioenfonds Voor De Media Pno stated it has 0.17% of its portfolio in Albemarle Corporation (NYSE:ALB). Credit Suisse Ag owns 265,256 shares. Fred Alger Mgmt reported 0% of its portfolio in Albemarle Corporation (NYSE:ALB). 7,900 are owned by Bokf Na. Chevy Chase Tru holds 96,350 shares or 0.06% of its portfolio. Moreover, Commerzbank Aktiengesellschaft Fi has 0.12% invested in Albemarle Corporation (NYSE:ALB). Gemmer Asset Mgmt Ltd Company holds 0.01% or 211 shares in its portfolio. Pictet Bancorporation And Ltd invested in 9,880 shares or 0.4% of the stock. Brandywine Glob Inv Management Limited Liability Corporation has invested 0.04% in Albemarle Corporation (NYSE:ALB). Ghp Inv Advisors accumulated 0.15% or 7,196 shares. Benjamin F Edwards And Inc holds 0.02% of its portfolio in Albemarle Corporation (NYSE:ALB) for 1,463 shares. Hancock Co reported 0.05% in Albemarle Corporation (NYSE:ALB). Cantab Capital Prtn Llp holds 0.09% or 4,586 shares.

Tortoise Capital Advisors Llc decreased Valero Energy Corp New (NYSE:VLO) stake by 21,368 shares to 26 valued at $2,000 in 2017Q3. It also reduced Noble Midstream Partners Lp stake by 59,681 shares and now owns 2.89M shares. Williams Partners LP New (ACMP) was reduced too.

Since September 20, 2017, it had 0 insider buys, and 4 sales for $2.32 million activity. Red Oak Partners – LLC sold $34,553 worth of stock.

Electromed, Inc. develops, manufactures, markets, and sells airway clearance therapy and related products in the United States and internationally. The company has market cap of $46.65 million. The firm offers SmartVest airway clearance system that consists of an inflatable therapy garment, a programmable air pulse generator, and a patented single-hose that delivers air pulses from the generator to the garment to patients with compromised pulmonary function; and SmartVest SQL System that provides advanced generator programmability and an enhanced pause feature with save, lock, and restore functionality. It has a 24.59 P/E ratio. It also provides single patient use SmartVest and SmartVest Wrap products for health care providers working in intensive care units; and Aerobika, an oscillating positive expiratory pressure device.

Investors sentiment increased to 2.83 in 2017 Q3. Its up 1.20, from 1.63 in 2017Q2. It improved, as 5 investors sold Electromed, Inc. shares while 3 reduced holdings. 7 funds opened positions while 6 raised stakes. 1.88 million shares or 26.09% more from 1.49 million shares in 2017Q2 were reported. Bridgeway Mngmt accumulated 265,838 shares. Blackrock Incorporated has 0% invested in Electromed, Inc. (NYSEAMERICAN:ELMD). Carlson Capital Management has 0.03% invested in Electromed, Inc. (NYSEAMERICAN:ELMD). 7,659 are held by Panagora Asset Mgmt Incorporated. Spark Mgmt Limited Liability Corporation accumulated 65,176 shares. Geode Mgmt Limited Liability holds 0% of its portfolio in Electromed, Inc. (NYSEAMERICAN:ELMD) for 18,483 shares. 2,939 were reported by Acadian Asset Mngmt Ltd. Teton Advsrs accumulated 106,654 shares. Northern Trust accumulated 0% or 16,513 shares. Eam Invsts Llc holds 0.06% or 65,029 shares in its portfolio. Vanguard Grp Inc has 277,966 shares for 0% of their portfolio. Essex Inv Mgmt holds 0.07% or 74,885 shares in its portfolio. Dimensional Fund Advsr L P holds 157,203 shares. Royal Bancorporation Of Canada has 0% invested in Electromed, Inc. (NYSEAMERICAN:ELMD) for 1 shares. Moreover, Creative Planning has 0% invested in Electromed, Inc. (NYSEAMERICAN:ELMD) for 26,000 shares.

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