Cincinnati Insurance Company Stake in Rpm Ord (RPM) Has Decreased by $10.24 Million as Share Value Declined; Applied Materials (AMAT) Holder Monetary Management Group Trimmed Position by $953,800

RPM International Inc. (NYSE:RPM) Logo

Monetary Management Group Inc decreased its stake in Applied Materials Inc. (AMAT) by 85.67% based on its latest 2018Q3 regulatory filing with the SEC. Monetary Management Group Inc sold 25,100 shares as the company’s stock declined 13.71% with the market. The institutional investor held 4,200 shares of the technology company at the end of 2018Q3, valued at $162,000, down from 29,300 at the end of the previous reported quarter. Monetary Management Group Inc who had been investing in Applied Materials Inc. for a number of months, seems to be less bullish one the $33.32 billion market cap company. The stock increased 1.34% or $0.46 during the last trading session, reaching $34.76. About 952 shares traded. Applied Materials, Inc. (NASDAQ:AMAT) has declined 34.67% since January 11, 2018 and is downtrending. It has underperformed by 34.67% the S&P500. Some Historical AMAT News: 26/04/2018 – APPLIED MATERIALS INC CEO LISA SU SAYS BLOCKCHAIN IS A GOOD TECHNOLOGY BUT IS A DISTRACTION IN THE SHORT TERM – CNBC; 18/05/2018 – Applied Materials Records Highest COGS in Over 28 Years; 14/05/2018 – APPLIED MATERIALS INC AMAT.O : CITIGROUP RAISES TARGET PRICE TO $78 FROM $70; 17/05/2018 – Applied Materials Sags on Weaker Revenue Outlook — Barron’s Blog; 17/05/2018 – APPLIED MATERIALS INC – QUARTERLY REVENUE OF $4.57 BLN, UP 29 PERCENT YEAR OVER YEAR; 17/05/2018 – Applied Materials Sees 3Q Adj EPS $1.13-Adj EPS $1.21; 23/03/2018 – Applied Materials Closes Below 50-Day Moving Average; 26/03/2018 – APPLIED MATERIALS INC AMAT.O : INSTINET RAISES TARGET PRICE TO $70 FROM $65; 17/05/2018 – Applied Materials Predicts Sales Short of Rally’s Expectations; 17/05/2018 – APPLIED MATERIALS CEO SPEAKING ON CONFERENCE CALL

Cincinnati Insurance Company decreased its stake in Rpm Ord (RPM) by 13.41% based on its latest 2018Q3 regulatory filing with the SEC. Cincinnati Insurance Company sold 160,000 shares as the company’s stock declined 9.27% with the market. The institutional investor held 1.03M shares of the paints and coatings company at the end of 2018Q3, valued at $67.10 million, down from 1.19M at the end of the previous reported quarter. Cincinnati Insurance Company who had been investing in Rpm Ord for a number of months, seems to be less bullish one the $7.25B market cap company. The stock decreased 0.40% or $0.22 during the last trading session, reaching $55.06. About 929,751 shares traded. RPM International Inc. (NYSE:RPM) has risen 13.67% since January 11, 2018 and is uptrending. It has outperformed by 13.67% the S&P500. Some Historical RPM News: 08/05/2018 – RPM International Presenting at Wells Fargo Conference Tomorrow; 03/05/2018 – RPM International Non-Deal Roadshow Set By Seaport for May. 10; 05/04/2018 – RPM International Sees FY18 EPS $3.05-EPS $3.10; 12/03/2018 RPM to Webcast Presentation at Gabelli & Co. 9th Annual Specialty Chemicals Conference; 14/05/2018 – COPA HOLDINGS SA – APRIL 2018 RPM 1,712.5 MLN, UP 11.9 PCT; 24/04/2018 – ROYAL BAFOKENG- HAS EFFECTIVELY DISPOSED OF A 33% UNDIVIDED SHARE IN PLANT ASSETS TO RPM AT RPM’S 33% SHARE OF AGGREGATE VALUE, BEING R233 094 531; 05/04/2018 – RPM Names Kinser Vice President of Operations; 05/04/2018 – RPM International 3Q Net $40.2M; 26/04/2018 – EQT CORP – PERMIAN SALE WILL REDUCE COMPANY’S 2018 PRODUCTION SALES VOLUME GUIDANCE BY 5 BCFE; 21/04/2018 – DJ RPM International Inc, Inst Holders, 1Q 2018 (RPM)

Analysts await RPM International Inc. (NYSE:RPM) to report earnings on April, 4. They expect $0.11 earnings per share, down 47.62% or $0.10 from last year’s $0.21 per share. RPM’s profit will be $14.48M for 125.14 P/E if the $0.11 EPS becomes a reality. After $0.52 actual earnings per share reported by RPM International Inc. for the previous quarter, Wall Street now forecasts -78.85% negative EPS growth.

More notable recent RPM International Inc. (NYSE:RPM) news were published by: Streetinsider.com which released: “JPMorgan Downgrades RPM International (RPM) to Underweight – StreetInsider.com” on December 24, 2018, also with their article: “7 Stocks To Watch For January 4, 2019 – Benzinga” published on January 04, 2019, Nasdaq.com published: “Factors of Influence in 2019, Key Indicators and Opportunity within RPM International, CareTrust REIT, Global Net Lease, EchoStar, Urban Outfitters, and Spartan Motors — New Research Emphasizes Economic Growth – Nasdaq” on January 08, 2019. More interesting news about RPM International Inc. (NYSE:RPM) were released by: and their article: “Earnings Scheduled For January 4, 2019 – Benzinga” published on January 04, 2019 as well as Zacks.com‘s news article titled: “RPM International (RPM) Q2 Earnings and Revenues Miss Estimates – Zacks.com” with publication date: January 04, 2019.

Investors sentiment decreased to 0.99 in 2018 Q3. Its down 0.10, from 1.09 in 2018Q2. It turned negative, as 31 investors sold RPM shares while 145 reduced holdings. 87 funds opened positions while 87 raised stakes. 96.61 million shares or 5.68% less from 102.42 million shares in 2018Q2 were reported. Cincinnati Ins Com stated it has 1.03M shares. Blackrock holds 11.94M shares. Moreover, Massachusetts Fin Ma has 0.04% invested in RPM International Inc. (NYSE:RPM). Tower Rech Capital (Trc) reported 0.06% stake. Wilbanks Smith And Thomas Asset Ltd Liability reported 0% of its portfolio in RPM International Inc. (NYSE:RPM). Synovus Fincl Corp reported 5,500 shares. Prudential reported 104,898 shares. Old Second Natl Bank Of Aurora has 0.02% invested in RPM International Inc. (NYSE:RPM) for 877 shares. Godshalk Welsh Cap Mngmt invested in 0.62% or 9,805 shares. Great West Life Assurance Com Can accumulated 75,540 shares or 0.01% of the stock. Kistler owns 125 shares. 73,347 are held by Rmb Capital Mngmt Ltd Liability Company. Ing Groep Nv owns 4,399 shares or 0% of their US portfolio. Moreover, Toronto Dominion Commercial Bank has 0% invested in RPM International Inc. (NYSE:RPM). Baltimore stated it has 3,500 shares or 0.04% of all its holdings.

Since July 20, 2018, it had 4 insider purchases, and 2 insider sales for $777,587 activity. On Friday, October 5 the insider Andrews Kirkland B bought $120,419. 5,000 shares valued at $320,300 were bought by Livingston Robert on Friday, August 17. 1,762 shares were sold by Nance Frederick R., worth $108,277. Another trade for 4,168 shares valued at $258,036 was made by Moore Edward W. on Friday, July 20.

Among 13 analysts covering RPM International (NYSE:RPM), 7 have Buy rating, 2 Sell and 4 Hold. Therefore 54% are positive. RPM International had 28 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, July 13 by RBC Capital Markets. The firm earned “Underweight” rating on Monday, December 24 by JP Morgan. JP Morgan downgraded the shares of RPM in report on Friday, March 16 to “Underweight” rating. The rating was maintained by KeyBanc Capital Markets on Tuesday, August 22 with “Hold”. The stock of RPM International Inc. (NYSE:RPM) has “Neutral” rating given on Wednesday, August 10 by Seaport Global. RBC Capital Markets maintained it with “Hold” rating and $51.0 target in Monday, October 9 report. JP Morgan upgraded the shares of RPM in report on Monday, July 2 to “Neutral” rating. The company was initiated on Tuesday, March 27 by BMO Capital Markets. Seaport Global Securities initiated RPM International Inc. (NYSE:RPM) rating on Tuesday, January 5. Seaport Global Securities has “Accumulate” rating and $48.0 target. RBC Capital Markets maintained RPM International Inc. (NYSE:RPM) rating on Monday, June 12. RBC Capital Markets has “Hold” rating and $4900 target.

Monetary Management Group Inc, which manages about $313.72 million and $261.83M US Long portfolio, upped its stake in Alphabet Inc (C) by 455 shares to 3,382 shares, valued at $4.04 million in 2018Q3, according to the filing. It also increased its holding in Mastercard Inc. (NYSE:MA) by 3,965 shares in the quarter, for a total of 11,270 shares, and has risen its stake in Cigna Corp (NYSE:CI).

Among 29 analysts covering Applied Materials Inc. (NASDAQ:AMAT), 20 have Buy rating, 0 Sell and 9 Hold. Therefore 69% are positive. Applied Materials Inc. had 145 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, September 28 by B. Riley & Co. The company was maintained on Wednesday, September 27 by KeyBanc Capital Markets. The rating was maintained by Citigroup with “Buy” on Friday, August 17. The company was maintained on Friday, November 17 by Morgan Stanley. The company was upgraded on Tuesday, January 19 by Credit Agricole. FBR Capital maintained the shares of AMAT in report on Tuesday, January 16 with “Buy” rating. The firm earned “Buy” rating on Friday, July 13 by Citigroup. B. Riley & Co maintained the shares of AMAT in report on Friday, February 19 with “Neutral” rating. The stock of Applied Materials, Inc. (NASDAQ:AMAT) earned “Hold” rating by RBC Capital Markets on Tuesday, August 1. The company was maintained on Friday, August 17 by Wells Fargo.

Investors sentiment increased to 0.8 in Q3 2018. Its up 0.04, from 0.76 in 2018Q2. It is positive, as 115 investors sold AMAT shares while 303 reduced holdings. 98 funds opened positions while 238 raised stakes. 722.69 million shares or 1.34% less from 732.53 million shares in 2018Q2 were reported. First Quadrant Ltd Partnership Ca holds 0% or 3,426 shares. Sumitomo Mitsui Asset Management Limited reported 1.35M shares. Advent Mgmt De invested 0% in Applied Materials, Inc. (NASDAQ:AMAT). Svcs owns 433 shares for 0.01% of their portfolio. Kempner Cap Mgmt has invested 2.43% in Applied Materials, Inc. (NASDAQ:AMAT). D E Shaw And invested 0.4% in Applied Materials, Inc. (NASDAQ:AMAT). Livforsakringsbolaget Skandia Omsesidigt owns 51,014 shares. State Of New Jersey Common Pension Fund D has 1.50 million shares for 0.21% of their portfolio. Massachusetts-based Penobscot Management has invested 0.13% in Applied Materials, Inc. (NASDAQ:AMAT). 56,634 are held by Regions. Amica Mutual Ins Com holds 0.19% or 48,181 shares. Advisor Prns Lc invested in 0.15% or 28,733 shares. State Of Wisconsin Inv Board accumulated 1.10 million shares or 0.12% of the stock. Rhumbline Advisers reported 1.61 million shares. Suffolk Capital Lc, a New York-based fund reported 332,202 shares.

Analysts await Applied Materials, Inc. (NASDAQ:AMAT) to report earnings on February, 13. They expect $0.79 EPS, down 25.47% or $0.27 from last year’s $1.06 per share. AMAT’s profit will be $757.30M for 11.00 P/E if the $0.79 EPS becomes a reality. After $0.97 actual EPS reported by Applied Materials, Inc. for the previous quarter, Wall Street now forecasts -18.56% negative EPS growth.

RPM International Inc. (NYSE:RPM) Institutional Positions Chart

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