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flag Townsquare Capital boosts stake in Applied Materials as company reports strong earnings and dividend.

flag Townsquare Capital LLC increased its stake in Applied Materials by 15.6%, now owning 71,577 shares worth $11,640,000. flag Bragg Financial Advisors also bought more Applied Materials shares, increasing its holdings by 1.1%. flag Applied Materials recently reported a stronger-than-expected $2.38 EPS and announced a $0.46 quarterly dividend. flag The company has a "Moderate Buy" rating and a target price of $213.14.

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