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Townsquare Capital boosts stake in Applied Materials as company reports strong earnings and dividend.
Townsquare Capital LLC increased its stake in Applied Materials by 15.6%, now owning 71,577 shares worth $11,640,000.
Bragg Financial Advisors also bought more Applied Materials shares, increasing its holdings by 1.1%.
Applied Materials recently reported a stronger-than-expected $2.38 EPS and announced a $0.46 quarterly dividend.
The company has a "Moderate Buy" rating and a target price of $213.14.
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Townsquare Capital aumenta la participación en Materiales Aplicados, ya que la compañía reporta fuertes ganancias y dividendos.