Twin Securities Upped Its Altisource Asset Mgmt (AAMC) Holding by $546,560; Stock Declined; Factory Mutual Insurance Company Has Increased Stake in Weatherford Intl Plc (WFT) as Shares Declined

February 15, 2018 - By wolcottdaily

Twin Securities Inc increased its stake in Altisource Asset Mgmt Corp (AAMC) by 42.01% based on its latest 2017Q3 regulatory filing with the SEC. Twin Securities Inc bought 6,832 shares as the company’s stock declined 2.73% while stock markets rallied. The hedge fund held 23,094 shares of the real estate company at the end of 2017Q3, valued at $1.85 million, up from 16,262 at the end of the previous reported quarter. Twin Securities Inc who had been investing in Altisource Asset Mgmt Corp for a number of months, seems to be bullish on the $104.15 million market cap company. The stock decreased 2.83% or $1.9 during the last trading session, reaching $65.3. About 199 shares traded. Altisource Asset Management Corporation (NYSEMKT:AAMC) has risen 495.14% since February 15, 2017 and is uptrending. It has outperformed by 478.44% the S&P500.

Factory Mutual Insurance Company increased its stake in Weatherford Intl Plc (WFT) by 12.69% based on its latest 2017Q3 regulatory filing with the SEC. Factory Mutual Insurance Company bought 340,000 shares as the company’s stock declined 8.25% while stock markets rallied. The institutional investor held 3.02 million shares of the metal fabrications company at the end of 2017Q3, valued at $13.83 million, up from 2.68M at the end of the previous reported quarter. Factory Mutual Insurance Company who had been investing in Weatherford Intl Plc for a number of months, seems to be bullish on the $2.72 billion market cap company. The stock decreased 0.72% or $0.02 during the last trading session, reaching $2.74. About 19.25M shares traded. Weatherford International plc (NYSE:WFT) has risen 2.15% since February 15, 2017 and is uptrending. It has underperformed by 14.55% the S&P500.

Among 34 analysts covering Weatherford International Ltd. (NYSE:WFT), 26 have Buy rating, 1 Sell and 7 Hold. Therefore 76% are positive. Weatherford International Ltd. had 113 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of Weatherford International plc (NYSE:WFT) earned “Outperform” rating by Cowen & Co on Thursday, July 23. The firm has “Overweight” rating given on Tuesday, April 19 by Morgan Stanley. The firm has “Outperform” rating by Wells Fargo given on Monday, January 11. The firm has “Neutral” rating given on Monday, February 5 by Bank of America. The firm has “Buy” rating given on Wednesday, January 18 by SunTrust. The rating was upgraded by Barclays Capital on Wednesday, June 21 to “Buy”. The stock has “Neutral” rating by Citigroup on Monday, October 5. The firm has “Outperform” rating given on Friday, November 3 by Bernstein. As per Tuesday, January 2, the company rating was maintained by Credit Suisse. The firm has “Outperform” rating given on Friday, September 4 by Credit Suisse.

Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.16, from 1.11 in 2017Q2. It worsened, as 41 investors sold WFT shares while 94 reduced holdings. 39 funds opened positions while 89 raised stakes. 1.10 billion shares or 1.67% more from 1.09 billion shares in 2017Q2 were reported. 142,100 are owned by Andra Ap. Next Grp Inc owns 1,788 shares or 0% of their US portfolio. Nokota Limited Partnership invested in 5.30 million shares or 0.59% of the stock. Ubs Asset Management Americas holds 3.22M shares or 0.01% of its portfolio. Susquehanna International Gp Llp invested 0% of its portfolio in Weatherford International plc (NYSE:WFT). Panagora Asset Mgmt Incorporated holds 0% of its portfolio in Weatherford International plc (NYSE:WFT) for 16,435 shares. Jane Street Grp Inc Llc accumulated 31,762 shares or 0% of the stock. Fjarde Ap reported 412,589 shares stake. Advisory Svcs Net Ltd Llc stated it has 398 shares or 0% of all its holdings. Stifel Corporation reported 1.58 million shares. Credit Suisse Ag reported 1.07 million shares. Janney Montgomery Scott Lc has invested 0.03% in Weatherford International plc (NYSE:WFT). Etrade Mngmt Ltd Liability Co accumulated 133,199 shares. Alliancebernstein Lp stated it has 0% in Weatherford International plc (NYSE:WFT). 22,424 are held by Prudential Finance.

Factory Mutual Insurance Company, which manages about $9.12 billion US Long portfolio, decreased its stake in Comcast Corp New (NASDAQ:CMCSA) by 54,000 shares to 2.66 million shares, valued at $102.20M in 2017Q3, according to the filing. It also reduced its holding in Salesforce Com Inc (NYSE:CRM) by 4,900 shares in the quarter, leaving it with 125,700 shares, and cut its stake in Celgene Corp (NASDAQ:CELG).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: