Bragg Financial Advisors Lifted Holding in Tenneco (TEN) by $865,620; Morgan Stanley Stake In Intersect Ent (XENT) Was Raised

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Bragg Financial Advisors Inc increased its stake in Tenneco Inc (TEN) by 77.28% based on its latest 2018Q3 regulatory filing with the SEC. Bragg Financial Advisors Inc bought 20,610 shares as the company’s stock declined 32.30% with the market. The institutional investor held 47,278 shares of the o.e.m. company at the end of 2018Q3, valued at $1.99 million, up from 26,668 at the end of the previous reported quarter. Bragg Financial Advisors Inc who had been investing in Tenneco Inc for a number of months, seems to be bullish on the $2.53B market cap company. The stock decreased 0.41% or $0.13 during the last trading session, reaching $31.23. About 501,012 shares traded. Tenneco Inc. (NYSE:TEN) has declined 48.64% since January 12, 2018 and is downtrending. It has underperformed by 48.64% the S&P500. Some Historical TEN News: 10/04/2018 – S&PGR Federal-Mogul Rtngs On CW/Pos; Sale Pending To Tenneco; 10/04/2018 – Moody’s Places Tenneco’s Ratings Under Review For Downgrade; 10/04/2018 – Tenneco to Also Separate the Combined Businesses Into Two Independent, Publicly Traded Companies Through a Tax-Free Spin-Off to Hldrs; 10/04/2018 – TENNECO INC – DEAL FOR A TOTAL CONSIDERATION OF $5.4 BLN; 10/04/2018 – Carl Icahn to Sell Federal-Mogul to Automotive Supplier Tenneco; 11/04/2018 – TENNECO’S RATINGS ON WATCH NEG FOLLOWING PURCHASE REPORT: FITCH; 11/04/2018 – Fitch Places Tenneco’s Ratings on Negative Watch; 21/04/2018 – DJ Tenneco Inc, Inst Holders, 1Q 2018 (TEN); 11/04/2018 – FEDERAL MOGUL IZMIT FMIZP.IS – TENNECO INC SING AGREEMENT TO ACQUIRE FEDERAL MOGUL SIRKETLER GROUP; 11/04/2018 – Industry Week: Icahn Sells Federal-Mogul to Tenneco for $5.4 Billion

Morgan Stanley increased its stake in Intersect Ent Inc (XENT) by 126.05% based on its latest 2018Q3 regulatory filing with the SEC. Morgan Stanley bought 130,847 shares as the company’s stock rose 7.27% while stock markets declined. The institutional investor held 234,650 shares of the health care company at the end of 2018Q3, valued at $6.75 million, up from 103,803 at the end of the previous reported quarter. Morgan Stanley who had been investing in Intersect Ent Inc for a number of months, seems to be bullish on the $806.66 million market cap company. The stock decreased 3.44% or $0.94 during the last trading session, reaching $26.4. About 192,783 shares traded. Intersect ENT, Inc. (NASDAQ:XENT) has risen 3.06% since January 12, 2018 and is uptrending. It has outperformed by 3.06% the S&P500. Some Historical XENT News: 23/05/2018 – Automotive HVAC Market to Propel Growth Based on Initiatives Taken by Government to Revive Auto Industry Till 2022 l Million Insights; 26/03/2018 – PROTAGONIST THERAPEUTICS- TO POSTPONE DECISION ABOUT INITIATION OF PHASE 2/3 CLINICAL UNTIL AFTER FULL REVIEW OF INTERIM DATA FROM UC PROPEL STUDY; 05/04/2018 – Carl Quintanilla: “Government sales have helped propel AWS to become Amazon’s biggest profit source” — $4.3b in oper net,; 26/04/2018 – Propel(x) Helping to Drive 2018 Angel Investing in Deep Tech; 12/04/2018 – empow takes Major Steps to Propel its Leadership of Next-Generation, ROI-Positive SIEM; Company Announces Series B Funding, and; 22/05/2018 – Accelerated Transition from Private Car Ownership to Multimodal Mobility Use Helps Propel Global Mobility Services Market to $1 Trillion by 2025; 26/03/2018 – Protagonist Therapeutics Discontinues Phase 2b PROPEL Trial of PTG-100 for Treatment of Ulcerative Colitis Following Interim Analysis; 28/05/2018 – The ascent of firms like First Liberty has helped propel a wave of anti-LGBT legislation and so-called religious-freedom laws in statehouses nationwide; 15/03/2018 – Tea Leaves Health Launches Decisionology Platform to lnform and Propel Health System Growth; 05/05/2018 – Global Cryocooler Market – Scarcity of Helium to Propel Growth | Technavio

Bragg Financial Advisors Inc, which manages about $960.65 million and $744.08M US Long portfolio, decreased its stake in Wells Fargo Co New (NYSE:WFC) by 8,044 shares to 41,410 shares, valued at $2.18 million in 2018Q3, according to the filing. It also reduced its holding in Weyerhaeuser Co (NYSE:WY) by 20,900 shares in the quarter, leaving it with 72,160 shares, and cut its stake in Vanguard Bd Index Fd Inc (BSV).

Among 12 analysts covering Tenneco Inc (NYSE:TEN), 4 have Buy rating, 1 Sell and 7 Hold. Therefore 33% are positive. Tenneco Inc had 54 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Hold” rating by Jefferies given on Tuesday, May 30. The rating was maintained by Jefferies on Wednesday, April 26 with “Hold”. The firm has “Neutral” rating by Susquehanna given on Wednesday, January 25. On Friday, July 28 the stock rating was maintained by RBC Capital Markets with “Hold”. The firm earned “Outperform” rating on Monday, October 26 by RBC Capital Markets. The rating was maintained by Goldman Sachs with “Neutral” on Tuesday, May 3. The company was maintained on Tuesday, October 24 by Jefferies. As per Tuesday, July 11, the company rating was maintained by RBC Capital Markets. KeyBanc Capital Markets maintained the stock with “Buy” rating in Monday, October 30 report. CLSA initiated the shares of TEN in report on Wednesday, June 21 with “Buy” rating.

Investors sentiment increased to 1.07 in Q3 2018. Its up 0.18, from 0.89 in 2018Q2. It increased, as 31 investors sold TEN shares while 69 reduced holdings. 38 funds opened positions while 69 raised stakes. 42.70 million shares or 4.56% less from 44.74 million shares in 2018Q2 were reported. Da Davidson has invested 0.02% in Tenneco Inc. (NYSE:TEN). Blackrock reported 3.82M shares. Whittier accumulated 22,927 shares. Parallax Volatility Advisers LP reported 469 shares. Pnc Fincl Gru Inc reported 0% of its portfolio in Tenneco Inc. (NYSE:TEN). Cim Inv Mangement has 0.12% invested in Tenneco Inc. (NYSE:TEN). Advisory Ntwk Llc accumulated 5 shares. Fifth Third National Bank & Trust reported 89 shares. Northwestern Mutual Wealth Management Company invested 0% in Tenneco Inc. (NYSE:TEN). Fmr Ltd Limited Liability Company owns 111,148 shares. Virginia Retirement Et Al reported 32,000 shares. Envestnet Asset Mngmt stated it has 0% in Tenneco Inc. (NYSE:TEN). Dean Cap holds 1.81% or 60,895 shares. First Tru Advsrs Lp stated it has 69,968 shares or 0.01% of all its holdings. Credit Suisse Ag has invested 0% of its portfolio in Tenneco Inc. (NYSE:TEN).

More notable recent Tenneco Inc. (NYSE:TEN) news were published by: Investorplace.com which released: “Nope, It’s Not Yet Time to Buy Canopy Growth – Investorplace.com” on January 11, 2019, also Zacks.com with their article: “Tenneco (TEN) Completes Ohlins Acquisition, Boosts Portfolio – Zacks.com” published on January 11, 2019, Investorplace.com published: “10 Stocks You Can Set and Forget (Even In This Market) – Investorplace.com” on January 08, 2019. More interesting news about Tenneco Inc. (NYSE:TEN) were released by: Seekingalpha.com and their article: “Caterpillar: Perennial Underinvestment Leads To Inferior Defensive Investment – Seeking Alpha” published on December 17, 2018 as well as Nasdaq.com‘s news article titled: “Ferrellgas Partners, LP Receives Continued Listing Standards Notice From NYSE – Nasdaq” with publication date: January 11, 2019.

Among 10 analysts covering Intersect ENT (NASDAQ:XENT), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Intersect ENT had 23 analyst reports since August 17, 2015 according to SRatingsIntel. The stock of Intersect ENT, Inc. (NASDAQ:XENT) has “Hold” rating given on Thursday, October 6 by Deutsche Bank. Canaccord Genuity maintained Intersect ENT, Inc. (NASDAQ:XENT) on Monday, October 16 with “Buy” rating. The stock of Intersect ENT, Inc. (NASDAQ:XENT) earned “Buy” rating by Bank of America on Friday, December 18. The rating was maintained by Deutsche Bank with “Buy” on Wednesday, August 2. As per Thursday, January 4, the company rating was maintained by Canaccord Genuity. The rating was downgraded by JP Morgan to “Neutral” on Wednesday, November 2. The stock has “Buy” rating by Canaccord Genuity on Monday, May 7. The rating was initiated by Northland Capital on Tuesday, March 29 with “Outperform”. On Wednesday, September 13 the stock rating was maintained by Canaccord Genuity with “Buy”. The stock of Intersect ENT, Inc. (NASDAQ:XENT) earned “Buy” rating by Canaccord Genuity on Monday, August 17.

Morgan Stanley, which manages about $60.09B and $399.53 billion US Long portfolio, decreased its stake in Ishares Inc by 79,191 shares to 147,000 shares, valued at $6.78 million in 2018Q3, according to the filing. It also reduced its holding in Dbx Etf Tr (DBJP) by 340,448 shares in the quarter, leaving it with 1.35 million shares, and cut its stake in Mimecast Ltd.

Tenneco Inc. (NYSE:TEN) Institutional Positions Chart