Legacy Capital Partners Boosted Its Everest Re Group LTD Com (RE) Position by $695,400; Tenaris S A (TS) Shares Declined While Arosa Capital Management LP Lowered Its Stake

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Legacy Capital Partners Inc increased its stake in Everest Re Group Ltd Com (RE) by 31.02% based on its latest 2018Q3 regulatory filing with the SEC. Legacy Capital Partners Inc bought 3,050 shares as the company’s stock rose 9.69% while stock markets declined. The institutional investor held 12,881 shares of the finance company at the end of 2018Q3, valued at $2.94 million, up from 9,831 at the end of the previous reported quarter. Legacy Capital Partners Inc who had been investing in Everest Re Group Ltd Com for a number of months, seems to be bullish on the $8.72 billion market cap company. The stock increased 0.98% or $2.08 during the last trading session, reaching $214.47. About 465,415 shares traded or 51.43% up from the average. Everest Re Group, Ltd. (NYSE:RE) has risen 9.42% since February 13, 2018 and is uptrending. It has outperformed by 9.42% the S&P500. Some Historical RE News: 11/04/2018 – Everest Re Group Sees $100M in Estimated Catastrophe Loss Estimate for 1Q; 25/04/2018 – EVEREST RE GROUP – QTRLY TOTAL REVENUES $1.75 BLN VS $1.48 BLN; 16/05/2018 – Everest Re Group Announces Dividend; 09/04/2018 – EXPORT-IMPORT BANK OF THE UNITED STATES LAUNCHES REINSURANCE PROGRAMME TO PROVIDE ADDITIONAL $1 BLN IN LOSS COVERAGE FOR AIRCRAFT FINANCING DEALS -ARRANGER AON BENFIELD; 25/04/2018 – Everest Re 1Q Rev $1.75B; 25/04/2018 – EVEREST RE GROUP – QTRLY SHR $5.11; 30/05/2018 – S&PGR Affirmd Everest Re Group And Subs; Outlook Stable; 25/04/2018 – Everest Re 1Q Operating Income $5.34/Share; 19/03/2018 – Everest Re Says It Will Invest in Hudson Structured’s New Fund; 11/04/2018 – EVEREST RE SEES 1Q NET CATASTROPHE LOSSES $100M

Arosa Capital Management Lp decreased its stake in Tenaris S A (TS) by 35.48% based on its latest 2018Q3 regulatory filing with the SEC. Arosa Capital Management Lp sold 220,560 shares as the company’s stock declined 26.36% with the market. The institutional investor held 401,138 shares of the steel and iron ore company at the end of 2018Q3, valued at $13.45M, down from 621,698 at the end of the previous reported quarter. Arosa Capital Management Lp who had been investing in Tenaris S A for a number of months, seems to be less bullish one the $15.25 billion market cap company. The stock increased 2.17% or $0.55 during the last trading session, reaching $25.91. About 2.15M shares traded. Tenaris S.A. (NYSE:TS) has declined 22.83% since February 13, 2018 and is downtrending. It has underperformed by 22.83% the S&P500. Some Historical TS News: 28/03/2018 – Tenaris Files Annual Report 2017 and Convenes Annual General Meeting of Shareholders and Extraordinary General Meeting of Share; 18/05/2018 – TKC METALS CORP T.PS – FY GROSS REVENUE 363.6 MLN PESOS VS 272.4 MLN PESOS; 26/04/2018 – TENARIS TENR.Ml – QTRLY EARNINGS PER ADS $0.40; 16/03/2018 – TENARIS TS.N : UBS RAISES TARGET PRICE TO $38 FROM $24; 30/04/2018 – Tenaris Files 2017 Form 20-F; 30/04/2018 – Fidelity Select Natural Resources Adds Tenaris; 02/05/2018 – Shareholders approve all resolutions on the agendas of Tenaris’s Annual General Meeting and Extraordinary General Meeting; 19/03/2018 – TENARIS TENR.Ml : BARCLAYS RAISES TARGET PRICE TO EUR 17.50 FROM EUR 16.50; 26/04/2018 – TENARIS TENR.Ml – QTRLY NET SALES $1866 MLN VS $1154 MLN; 26/04/2018 – TENARIS 1Q OPER INCOME $212M, EST. $191.8M

Analysts await Tenaris S.A. (NYSE:TS) to report earnings on February, 20. They expect $0.42 EPS, up 55.56% or $0.15 from last year’s $0.27 per share. TS’s profit will be $247.20M for 15.42 P/E if the $0.42 EPS becomes a reality. After $0.42 actual EPS reported by Tenaris S.A. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 23 analysts covering Tenaris SA (NYSE:TS), 15 have Buy rating, 1 Sell and 7 Hold. Therefore 65% are positive. Tenaris SA had 53 analyst reports since August 5, 2015 according to SRatingsIntel. As per Tuesday, September 8, the company rating was upgraded by Bernstein. The firm has “Hold” rating by Berenberg given on Tuesday, October 11. Cowen & Co maintained the shares of TS in report on Friday, July 7 with “Hold” rating. The rating was maintained by Cowen & Co with “Hold” on Monday, February 26. The stock has “Overweight” rating by Morgan Stanley on Monday, November 14. On Friday, January 18 the stock rating was upgraded by Citigroup to “Buy”. The rating was downgraded by Zacks to “Hold” on Wednesday, August 5. Cowen & Co maintained the stock with “Hold” rating in Tuesday, May 8 report. The stock of Tenaris S.A. (NYSE:TS) has “Hold” rating given on Friday, November 6 by Kepler Cheuvreux. Piper Jaffray maintained the shares of TS in report on Friday, September 22 with “Buy” rating.

Arosa Capital Management Lp, which manages about $456.37M and $584.37 million US Long portfolio, upped its stake in Marathon Oil Corp (NYSE:MRO) by 708,736 shares to 873,919 shares, valued at $20.35 million in 2018Q3, according to the filing. It also increased its holding in Pure Acquisition Corp by 425,000 shares in the quarter, for a total of 850,000 shares, and has risen its stake in Helmerich & Payne Inc (NYSE:HP).

More notable recent Tenaris S.A. (NYSE:TS) news were published by: Globenewswire.com which released: “Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of YOGA, TS, IMMU and NVDA – GlobeNewswire” on January 30, 2019, also Seekingalpha.com with their article: “What The Devil? AT&T’s Dividend Is 6.66 Percent! – Seeking Alpha” published on January 15, 2019, Globenewswire.com published: “TS DEADLINE ALERT: Rosen Law Firm Reminds Tenaris SA Investors of Important Feb. 11 Deadline in First-Filed Securities Class Action Lawsuit – TS – GlobeNewswire” on January 21, 2019. More interesting news about Tenaris S.A. (NYSE:TS) were released by: Globenewswire.com and their article: “Research Report Identifies Tenaris SA, Raytheon, Golden Star Resources, Hollysys Automation Technologies, Ebix, and Greenlight Capital Re with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement – GlobeNewswire” published on February 04, 2019 as well as Globenewswire.com‘s news article titled: “SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Tenaris, SA (TS), Teladoc Health Inc. (TDOC), XPO Logistics, Inc. (XPO) and Nobilis Health Corp. (HLTH) – GlobeNewswire” with publication date: February 05, 2019.

Among 11 analysts covering Everest Re Group Ltd (NYSE:RE), 3 have Buy rating, 1 Sell and 7 Hold. Therefore 27% are positive. Everest Re Group Ltd had 35 analyst reports since July 30, 2015 according to SRatingsIntel. Keefe Bruyette & Woods upgraded the shares of RE in report on Monday, November 27 to “Hold” rating. The rating was downgraded by Keefe Bruyette & Woods to “Sell” on Monday, July 17. The stock has “Equal-Weight” rating by Morgan Stanley on Tuesday, August 14. Keefe Bruyette & Woods maintained the shares of RE in report on Thursday, August 17 with “Sell” rating. Morgan Stanley maintained the shares of RE in report on Thursday, January 3 with “Equal-Weight” rating. The firm earned “Overweight” rating on Tuesday, October 25 by Barclays Capital. As per Wednesday, February 13, the company rating was maintained by Wells Fargo. The firm earned “Neutral” rating on Monday, October 22 by Citigroup. The stock has “Buy” rating by Deutsche Bank on Thursday, May 12. Morgan Stanley maintained Everest Re Group, Ltd. (NYSE:RE) rating on Thursday, March 1. Morgan Stanley has “Equal-Weight” rating and $258 target.

Investors sentiment decreased to 0.83 in Q3 2018. Its down 0.04, from 0.87 in 2018Q2. It turned negative, as 41 investors sold RE shares while 134 reduced holdings. 38 funds opened positions while 108 raised stakes. 37.53 million shares or 2.97% more from 36.45 million shares in 2018Q2 were reported. 9,172 are owned by Texas Permanent School Fund. Keybank Natl Association Oh holds 0.01% of its portfolio in Everest Re Group, Ltd. (NYSE:RE) for 6,681 shares. Gateway Inv Advisers Ltd Liability reported 0% stake. Ameriprise reported 0.01% in Everest Re Group, Ltd. (NYSE:RE). Principal Group Inc reported 60,043 shares. Landscape Mgmt reported 3,630 shares. Guggenheim Ltd Liability accumulated 13,813 shares or 0.02% of the stock. Ameritas holds 0.01% or 768 shares in its portfolio. Johnson Fin Grp Inc reported 0.17% stake. D E Shaw And Incorporated has invested 0% in Everest Re Group, Ltd. (NYSE:RE). Stratos Wealth Prns holds 0% of its portfolio in Everest Re Group, Ltd. (NYSE:RE) for 9 shares. Bnp Paribas Arbitrage Sa owns 25,124 shares. Royal London Asset Management Ltd stated it has 0% in Everest Re Group, Ltd. (NYSE:RE). 13,013 were accumulated by State Of Alaska Department Of Revenue. State Of Wisconsin Inv Board accumulated 62,827 shares.

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