Albemarle Corp (ALB) Shareholder Axel Capital Management LLC Has Lifted Holding

December 8, 2017 - By Marguerite Chambers

Investors sentiment increased to 1.25 in Q2 2017. Its up 0.02, from 1.23 in 2017Q1. It improved, as 32 investors sold ALB shares while 163 reduced holdings. 76 funds opened positions while 168 raised stakes. 90.94 million shares or 3.05% less from 93.80 million shares in 2017Q1 were reported. Teacher Retirement Sys Of Texas invested 0.14% of its portfolio in Albemarle Corporation (NYSE:ALB). 107,595 are held by Retirement Sys Of Alabama. Jennison Assoc Ltd Liability Com has invested 0.72% in Albemarle Corporation (NYSE:ALB). Gamco Invsts Incorporated Et Al has 31,000 shares. 27,450 are owned by Cambrian Limited Partnership. Credit Suisse Ag holds 227,891 shares. Stevens Cap Mgmt LP owns 84,249 shares for 0.33% of their portfolio. B And T Cap Mngmt Dba Alpha Cap Mngmt stated it has 11,466 shares. 40 were accumulated by Washington Trust Bancorporation. Frontier Cap Limited Liability has invested 0.17% in Albemarle Corporation (NYSE:ALB). Grimes & Inc has invested 0.54% in Albemarle Corporation (NYSE:ALB). Ftb Advisors invested in 267 shares or 0% of the stock. Ameriprise owns 0.07% invested in Albemarle Corporation (NYSE:ALB) for 1.32M shares. Employees Retirement Systems Of Ohio accumulated 174,373 shares. Schroder Invest Management Grp Incorporated accumulated 40,350 shares.

Since June 19, 2017, it had 0 insider buys, and 2 selling transactions for $3.24 million activity. NARWOLD KAREN G had sold 20,000 shares worth $2.16M.

Anna Nikolayevsky increased its stake in Albemarle Corp (ALB) by 179.84% based on its latest 2017Q2 regulatory filing with the SEC. Axel Capital Management Llc bought 79,000 shares as the company’s stock rose 20.02% with the market. The hedge fund run by Anna Nikolayevsky held 122,928 shares of the major chemicals company at the end of 2017Q2, valued at $12.97 million, up from 43,928 at the end of the previous reported quarter. Axel Capital Management Llc who had been investing in Albemarle Corp for a number of months, seems to be bullish on the $14.26 billion market cap company. The stock increased 1.26% or $1.6 during the last trading session, reaching $129.08. About 979,493 shares traded. Albemarle Corporation (NYSE:ALB) has risen 45.60% since December 8, 2016 and is uptrending. It has outperformed by 28.90% the S&P500.

More important recent Albemarle Corporation (NYSE:ALB) news were published by: Nasdaq.com which released: “Albemarle (ALB) Shares Up 48% YTD: What’s Driving the Stock?” on December 07, 2017, also Seekingalpha.com published article titled: “Albemarle: Mining For Growth”, Prnewswire.com published: “AlkyClean® Technology Wins Kirkpatrick Chemical Engineering Award” on December 06, 2017. More interesting news about Albemarle Corporation (NYSE:ALB) was released by: Seekingalpha.com and their article: “Albemarle Will Be Unaffected By Tesla’s Potential Problems” with publication date: November 08, 2017.

Albemarle Corporation (NYSE:ALB) Ratings Coverage

Among 20 analysts covering Albemarle Corporation (NYSE:ALB), 10 have Buy rating, 0 Sell and 10 Hold. Therefore 50% are positive. Albemarle Corporation had 59 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, October 17. The firm has “Buy” rating given on Tuesday, December 29 by Jefferies. The stock has “Hold” rating by SunTrust on Wednesday, August 9. The rating was maintained by Deutsche Bank with “Buy” on Thursday, May 12. The rating was maintained by RBC Capital Markets on Monday, June 12 with “Buy”. Deutsche Bank maintained the stock with “Buy” rating in Friday, August 5 report. The company was downgraded on Wednesday, August 9 by Suntrust Robinson. Robert W. Baird upgraded the shares of ALB in report on Tuesday, January 17 to “Outperform” rating. The firm has “Buy” rating by Jefferies given on Monday, July 17. Robert W. Baird maintained it with “Buy” rating and $135.0 target in Tuesday, August 22 report.

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