Ajo LP Cut By $7.90 Million Its Tenneco (TEN) Stake; 5 Analysts Bullish Global Blood Therapeutics Inc. (GBT)

February 5, 2018 - By Maria Brooks

Among 5 analysts covering Global Blood Therapeutics (NASDAQ:GBT), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Global Blood Therapeutics had 8 analyst reports since September 8, 2015 according to SRatingsIntel. The rating was initiated by Wedbush on Tuesday, September 8 with “Outperform”. Cowen & Co initiated it with “Outperform” rating and $80 target in Tuesday, September 8 report. JP Morgan initiated the stock with “Overweight” rating in Wednesday, January 4 report. Wedbush maintained the stock with “Outperform” rating in Tuesday, October 25 report. The stock has “Buy” rating by Empire on Friday, June 17. Goldman Sachs initiated the stock with “Neutral” rating in Tuesday, September 8 report. The firm has “Overweight” rating given on Tuesday, September 8 by Morgan Stanley. See Global Blood Therapeutics Inc. (NASDAQ:GBT) latest ratings:

Ajo Lp decreased Tenneco (TEN) stake by 7.02% reported in 2017Q3 SEC filing. Ajo Lp sold 131,619 shares as Tenneco (TEN)’s stock declined 16.10%. The Ajo Lp holds 1.74M shares with $105.83M value, down from 1.88 million last quarter. Tenneco now has $2.76 billion valuation. The stock decreased 2.96% or $1.64 during the last trading session, reaching $53.54. About 392,801 shares traded. Tenneco Inc. (NYSE:TEN) has risen 7.45% since February 5, 2017 and is uptrending. It has underperformed by 9.25% the S&P500.

Among 11 analysts covering Tenneco Inc (NYSE:TEN), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Tenneco Inc had 42 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Hold” on Friday, October 27. The company was maintained on Monday, October 16 by RBC Capital Markets. Barclays Capital maintained Tenneco Inc. (NYSE:TEN) rating on Thursday, January 12. Barclays Capital has “Overweight” rating and $70 target. RBC Capital Markets maintained the shares of TEN in report on Sunday, October 1 with “Hold” rating. RBC Capital Markets maintained Tenneco Inc. (NYSE:TEN) rating on Friday, July 28. RBC Capital Markets has “Hold” rating and $6100 target. The stock has “Equal Weight” rating by Barclays Capital on Monday, January 25. As per Tuesday, October 24, the company rating was maintained by Jefferies. Goldman Sachs upgraded the stock to “Neutral” rating in Wednesday, August 12 report. KeyBanc Capital Markets maintained the stock with “Buy” rating in Monday, October 30 report. Jefferies maintained Tenneco Inc. (NYSE:TEN) rating on Monday, September 11. Jefferies has “Hold” rating and $62.0 target.

Investors sentiment increased to 0.99 in 2017 Q3. Its up 0.02, from 0.97 in 2017Q2. It improved, as 29 investors sold TEN shares while 92 reduced holdings. 37 funds opened positions while 83 raised stakes. 47.82 million shares or 5.29% less from 50.49 million shares in 2017Q2 were reported. Petrus Trust Lta invested 0.05% in Tenneco Inc. (NYSE:TEN). Ny State Common Retirement Fund holds 0.01% in Tenneco Inc. (NYSE:TEN) or 191,941 shares. Nj State Employees Deferred Compensation Plan holds 0.05% in Tenneco Inc. (NYSE:TEN) or 5,000 shares. Franklin Res has invested 0.01% in Tenneco Inc. (NYSE:TEN). Alliancebernstein Lp invested 0.03% of its portfolio in Tenneco Inc. (NYSE:TEN). Dekabank Deutsche Girozentrale owns 922 shares. First Comml Bank Of Omaha holds 46,422 shares. Jennison Assocs Lc holds 30,686 shares or 0% of its portfolio. Parallax Volatility Advisers Limited Partnership has invested 0% in Tenneco Inc. (NYSE:TEN). Finance Engines Advisors reported 0.02% stake. 6,500 are held by Clearbridge Invests Limited Liability. Moreover, Connor Clark & Lunn Inv Management Limited has 0.01% invested in Tenneco Inc. (NYSE:TEN). Bnp Paribas Asset Management holds 0.11% or 205,190 shares in its portfolio. Campbell Investment Adviser Limited Company has invested 0.83% in Tenneco Inc. (NYSE:TEN). Strs Ohio holds 0.03% or 99,400 shares in its portfolio.

Analysts await Tenneco Inc. (NYSE:TEN) to report earnings on February, 6. They expect $1.63 EPS, down 2.40% or $0.04 from last year’s $1.67 per share. TEN’s profit will be $84.09M for 8.21 P/E if the $1.63 EPS becomes a reality. After $1.67 actual EPS reported by Tenneco Inc. for the previous quarter, Wall Street now forecasts -2.40% negative EPS growth.

Ajo Lp increased Fiat Chrysler Autos stake by 2.27 million shares to 3.42M valued at $61.19M in 2017Q3. It also upped Om Asset Management (NYSE:OMAM) stake by 465,225 shares and now owns 530,287 shares. Citrix Systems (NASDAQ:CTXS) was raised too.

Since August 31, 2017, it had 0 buys, and 8 insider sales for $4.98 million activity. Shares for $642,204 were sold by Kunz John E on Tuesday, September 12. Guo Peng had sold 5,558 shares worth $320,629. Sherrill Gregg M sold $1.50 million worth of stock or 27,443 shares. $782,816 worth of Tenneco Inc. (NYSE:TEN) shares were sold by Harrington James D..

The stock decreased 3.34% or $2.0323 during the last trading session, reaching $58.7677. About 445,819 shares traded. Global Blood Therapeutics Inc. (NASDAQ:GBT) has risen 43.51% since February 5, 2017 and is uptrending. It has outperformed by 26.81% the S&P500.

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By1 Maria Brooks

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