Analyst Downgrades – Albemarle Corporation (NYSE:ALB) Stock Gets Downgraded By Robert W. Baird from Outperform to Neutral

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Analyst Ratings For Albemarle Corporation (NYSE:ALB)

Today, Albemarle Corporation (NYSE:ALB) stock was downgraded by Robert W. Baird from Outperform to Neutral with a price target of $135.00.

There are 5 hold ratings, 10 buy ratings, 1 strong buy rating on the stock.

The current consensus rating on Albemarle Corporation (NYSE:ALB) is Buy (Score: 2.75) with a consensus target price of $113.06 per share, a potential 15.81% downside.

Some recent analyst ratings include

  • 9/25/2017-Robert W. Baird was Downgraded by analysts at Robert W. Baird from a “Outperform ” rating to a ” Neutral” rating. They now have a $135.00 price target on the stock, up previously from $134.29 .
  • 9/20/2017-Royal Bank Of Canada Reiterated Rating of Buy.
  • 9/3/2017-KeyCorp Reiterated Rating of Buy.
  • 8/17/2017-CIBC initiated coverage with a Outperform rating.
  • 8/16/2017-Oppenheimer Holdings, Inc. initiated coverage with a Outperform rating.

Dividend information for Albemarle Corporation (NYSE:ALB)

Albemarle Corporation (NYSE:ALB) pays an annual dividend of Community Ranking: with a yield of 0.95% and an average dividend growth of 9.40% based on a 3 Year Average.

Dividend History for Albemarle Corporation (NYSE:ALB)

  • On 7/10/2017 Albemarle Corporation announced a quarterly dividend of $0.32 1.14% with an ex dividend date of 9/14/2017 which will be payable on 10/2/2017.
  • On 5/11/2017 Albemarle Corporation announced a quarterly dividend of $0.32 1.16% with an ex dividend date of 6/13/2017 which will be payable on 7/3/2017.
  • On 2/23/2017 Albemarle Corporation announced a quarterly dividend of $0.32 1.38% with an ex dividend date of 3/13/2017 which will be payable on 4/3/2017.
  • On 11/3/2016 Albemarle Corporation announced a quarterly dividend of $0.31 1.46% with an ex dividend date of 12/13/2016 which will be payable on 1/2/2017.
  • On 7/11/2016 Albemarle Corporation announced a quarterly dividend of $0.31 1.43% with an ex dividend date of 9/13/2016 which will be payable on 10/3/2016.
  • On 5/10/2016 Albemarle Corporation announced a quarterly dividend of $0.31 1.63% with an ex dividend date of 6/13/2016 which will be payable on 7/1/2016.
  • On 2/26/2016 Albemarle Corporation announced a quarterly dividend of $0.31 2.17% with an ex dividend date of 3/14/2016 which will be payable on 4/1/2016.

Recent Insider Trading Activity For Albemarle Corporation (NYSE:ALB)
Albemarle Corporation (NYSE:ALB) has insider ownership of 0.74% and institutional ownership of 83.73%.

  • On 8/24/2017 Matthew Juneau, EVP, sold 5,397 with an average share price of $115.77 per share and the total transaction amounting to $624,810.69. View SEC Filing
  • On 8/23/2017 Karen G Narwold, EVP, sold 11,500 with an average share price of $115.95 per share and the total transaction amounting to $1,333,425.00. View SEC Filing
  • On 7/7/2017 Luther C Iv Kissam, Chairman, sold 50,000 with an average share price of $110.08 per share and the total transaction amounting to $5,504,000.00. View SEC Filing
  • On 7/7/2017 Scott Tozier, CFO, sold 25,000 with an average share price of $110.13 per share and the total transaction amounting to $2,753,250.00. View SEC Filing
  • On 6/19/2017 Douglas L Maine, Director, sold 10,000 with an average share price of $107.94 per share and the total transaction amounting to $1,079,400.00. View SEC Filing
  • On 6/19/2017 Karen G Narwold, EVP, sold 20,000 with an average share price of $108.16 per share and the total transaction amounting to $2,163,200.00. View SEC Filing
  • On 1/6/2017 Karen G Narwold, EVP, sold 392 with an average share price of $90.59 per share and the total transaction amounting to $35,511.28. View SEC Filing

Recent Trading Activity for Albemarle Corporation (NYSE:ALB)
Shares of Albemarle Corporation closed the previous trading session at with shares trading hands.