Synchrony Financial (SYF) Stock Value Declined While Sva Plumb Wealth Management Has Trimmed Position; Albemarle (ALB) Holder New York State Common Retirement Fund Decreased Its Position – The Moveefy


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New York State Common Retirement Fund decreased its stake in Albemarle Corporation (ALB) by 6.72% based on its latest 2018Q3 regulatory filing with the SEC. New York State Common Retirement Fund sold 24,264 shares as the company’s stock declined 8.57% with the market. The institutional investor held 337,021 shares of the major chemicals company at the end of 2018Q3, valued at $33.63M, down from 361,285 at the end of the previous reported quarter. New York State Common Retirement Fund who had been investing in Albemarle Corporation for a number of months, seems to be less bullish one the $8.22 billion market cap company. The stock increased 0.18% or $0.14 during the last trading session, reaching $77.41. About 1.53 million shares traded or 2.18% up from the average. Albemarle Corporation (NYSE:ALB) has declined 31.02% since January 13, 2018 and is downtrending. It has underperformed by 31.02% the S&P500. Some Historical ALB News: 29/05/2018 – Albemarle Presenting at Conference Tomorrow; 19/04/2018 – ALBEMARLE: FORCE MAJEURE DUE TO SHORTAGE OF KEY RAW MATERIALS; 15/05/2018 – Albemarle Presenting at Deutsche Bank Conference Jun 7; 16/04/2018 – ALBEMARLE NAMES GLEN MERFELD CTO FOR LITHIUM BUSINESS; 17/05/2018 – ALBEMARLE RASIED TO BBB FROM BBB- BY FITCH; 19/04/2018 – Albemarle Declares Force Majeure Due to Shortage of Key Raw Materials in Urethane Supply Chain; 16/04/2018 – Albemarle Names Glen Merfeld Chief Technology Officer for Lithium Business; 09/05/2018 – Albemarle 1Q Adj EPS $1.30; 09/03/2018 – Albemarle Corp Receives Increase in Lithium Quota for Chile Ops; 14/05/2018 – Carmignac Gestion Buys New 1.1% Position in Albemarle

Sva Plumb Wealth Management Llc decreased its stake in Synchrony Financial (SYF) by 7.5% based on its latest 2018Q3 regulatory filing with the SEC. Sva Plumb Wealth Management Llc sold 21,788 shares as the company’s stock declined 22.44% with the market. The institutional investor held 268,783 shares of the consumer services company at the end of 2018Q3, valued at $8.35 million, down from 290,571 at the end of the previous reported quarter. Sva Plumb Wealth Management Llc who had been investing in Synchrony Financial for a number of months, seems to be less bullish one the $18.70 billion market cap company. The stock increased 1.05% or $0.27 during the last trading session, reaching $26.02. About 5.67M shares traded. Synchrony Financial (NYSE:SYF) has declined 33.15% since January 13, 2018 and is downtrending. It has underperformed by 33.15% the S&P500. Some Historical SYF News: 18/04/2018 – Synchrony Financial expected to post earnings of 75 cents a share – Earnings Preview; 20/03/2018 – Moody’s Assigns Definitive Ratings To Synchrony’s 2018-1 Card Abs; 17/05/2018 – SYNCHRONY FINANCIAL – BOARD APPROVED A SHARE REPURCHASE PROGRAM OF UP TO $2.2 BLN THROUGH JUNE 30, 2019; 18/05/2018 – Fitch Expects to Rate Synchrony Bank’s Senior Unsecured Notes ‘BBB-‘; 12/03/2018 – Redefining Success in IVF: SYNCHRONY by Igenomix Brings in a New Era, a New Hope for Infertile Couples; 12/03/2018 – Moody’s Assigns Provisional Ratings To Synchrony’s 2018-1 Card Abs; 10/05/2018 – SYNCHRONY FINANCIAL – DEAL IS NOT EXPECTED TO HAVE MATERIAL IMPACT ON SYNCHRONY’S FINANCIAL RESULTS; 15/05/2018 – OMEGA ADVISORS – CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2017; 20/04/2018 – Synchrony Financial 1Q Net Interest Income $3.8B; 15/05/2018 – OMEGA ADVISORS DISSOLVES STAKE IN CEMEX SAB DE CV- SEC FILING

More news for Albemarle Corporation (NYSE:ALB) were recently published by: Streetinsider.com, which released: “Albemarle (ALB) and Mineral Resources Limited to Form Lithium JV in Western Australia – StreetInsider.com” on December 14, 2018. Seekingalpha.com‘s article titled: “Lithium troubles for Albemarle in Chile? – Seeking Alpha” and published on December 24, 2018 is yet another important article.

Among 26 analysts covering Albemarle Corporation (NYSE:ALB), 18 have Buy rating, 2 Sell and 6 Hold. Therefore 69% are positive. Albemarle Corporation had 87 analyst reports since August 7, 2015 according to SRatingsIntel. BMO Capital Markets maintained it with “Outperform” rating and $130 target in Friday, March 2 report. The stock of Albemarle Corporation (NYSE:ALB) earned “Buy” rating by SunTrust on Tuesday, September 4. Jefferies maintained Albemarle Corporation (NYSE:ALB) on Friday, June 16 with “Buy” rating. As per Thursday, January 3, the company rating was downgraded by Berenberg. RBC Capital Markets maintained it with “Buy” rating and $136.0 target in Monday, September 18 report. The stock of Albemarle Corporation (NYSE:ALB) earned “Buy” rating by Jefferies on Wednesday, April 5. The stock has “Buy” rating by Jefferies on Tuesday, December 29. The firm has “Buy” rating by Oppenheimer given on Thursday, November 9. The rating was downgraded by Morgan Stanley on Monday, February 26 to “Underweight”. Citigroup maintained it with “Buy” rating and $76 target in Monday, April 18 report.

Analysts await Albemarle Corporation (NYSE:ALB) to report earnings on February, 26. They expect $1.46 earnings per share, up 8.96% or $0.12 from last year’s $1.34 per share. ALB’s profit will be $155.05 million for 13.26 P/E if the $1.46 EPS becomes a reality. After $1.31 actual earnings per share reported by Albemarle Corporation for the previous quarter, Wall Street now forecasts 11.45% EPS growth.

Investors sentiment increased to 1.31 in Q3 2018. Its up 0.09, from 1.22 in 2018Q2. It increased, as 36 investors sold ALB shares while 152 reduced holdings. 92 funds opened positions while 154 raised stakes. 95.38 million shares or 0.76% less from 96.11 million shares in 2018Q2 were reported. Voya Inv Mgmt Limited Liability reported 0.01% stake. Dnb Asset Mngmt As stated it has 0% in Albemarle Corporation (NYSE:ALB). First Republic Invest Mngmt has 4,150 shares. Cwm Ltd Company accumulated 25 shares. Mason Street Advsrs Lc holds 0.03% of its portfolio in Albemarle Corporation (NYSE:ALB) for 15,246 shares. Grantham Mayo Van Otterloo & Ltd Liability Corporation has 163,100 shares for 0.11% of their portfolio. Virtu Financial has 9,076 shares for 0% of their portfolio. Kbc Grp Nv holds 18,258 shares. Thompson Siegel Walmsley Lc invested 0.01% in Albemarle Corporation (NYSE:ALB). New York-based Alpine Woods Invsts Limited Liability Co has invested 0.8% in Albemarle Corporation (NYSE:ALB). First Eagle Investment Ltd Liability Corporation owns 493,915 shares or 0.12% of their US portfolio. Riverhead Cap Mgmt Ltd Liability Company owns 8,306 shares. Ims Cap Mgmt invested in 0% or 52 shares. Ameritas Invest has 0.07% invested in Albemarle Corporation (NYSE:ALB). Gabelli Funds Ltd Liability Corporation holds 0.06% or 100,500 shares in its portfolio.

New York State Common Retirement Fund, which manages about $84.43B US Long portfolio, upped its stake in Suntrust Banks Inc (NYSE:STI) by 40,100 shares to 979,494 shares, valued at $65.42 million in 2018Q3, according to the filing. It also increased its holding in Insight Enterprises Inc (NASDAQ:NSIT) by 10,751 shares in the quarter, for a total of 67,911 shares, and has risen its stake in Cooper Tire & Rubber Co (NYSE:CTB).

Since September 4, 2018, it had 0 insider purchases, and 4 insider sales for $946,350 activity. Tozier Scott also sold $249,221 worth of Albemarle Corporation (NYSE:ALB) shares.

Among 30 analysts covering Synchrony Financial (NYSE:SYF), 20 have Buy rating, 0 Sell and 10 Hold. Therefore 67% are positive. Synchrony Financial had 87 analyst reports since July 20, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Buy” rating in Wednesday, June 7 report. BMO Capital Markets maintained Synchrony Financial (NYSE:SYF) on Wednesday, April 12 with “Buy” rating. The firm earned “Buy” rating on Friday, October 20 by Jefferies. Citigroup maintained the shares of SYF in report on Thursday, November 1 with “Neutral” rating. The stock has “Buy” rating by BMO Capital Markets on Thursday, January 4. The rating was downgraded by BMO Capital Markets on Wednesday, September 16 to “Market Perform”. The stock of Synchrony Financial (NYSE:SYF) has “Buy” rating given on Friday, July 21 by BMO Capital Markets. BMO Capital Markets maintained the shares of SYF in report on Friday, October 20 with “Buy” rating. The stock of Synchrony Financial (NYSE:SYF) has “Buy” rating given on Monday, July 17 by BTIG Research. Jefferies maintained the shares of SYF in report on Monday, September 18 with “Buy” rating.

Sva Plumb Wealth Management Llc, which manages about $1.95 billion and $984.49M US Long portfolio, upped its stake in Vanguard Total International S (VXUS) by 68,868 shares to 742,033 shares, valued at $40.07M in 2018Q3, according to the filing. It also increased its holding in Visa Inc (NYSE:V) by 3,226 shares in the quarter, for a total of 107,798 shares, and has risen its stake in Johnson & Johnson (NYSE:JNJ).

Albemarle Corporation (NYSE:ALB) Institutional Positions Chart




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