Origin Asset Management Llp Cut Travelers Companies (TRV) Holding By $7.95 Million; Last Week Franks International NV (FI) Coverage

November 18, 2017 – By wolcottdaily

Origin Asset Management Llp decreased Travelers Companies Inc (TRV) stake by 58.99% reported in 2017Q2 SEC filing. Origin Asset Management Llp sold 63,112 shares as Travelers Companies Inc (TRV)’s stock declined 0.95%. The Origin Asset Management Llp holds 43,867 shares with $5.55 million value, down from 106,979 last quarter. Travelers Companies Inc now has $35.32B valuation. The stock decreased 0.68% or $0.89 on November 17, reaching $129.92. About 2.37M shares traded or 46.30% up from the average. Travelers Companies Inc (NYSE:TRV) has risen 9.71% since November 18, 2016 and is uptrending. It has underperformed by 6.99% the S&P500.

Among 20 analysts covering Frank’s International N.V. (NYSE:FI), 3 have Buy rating, 6 Sell and 11 Hold. Therefore 15% are positive. Frank’s International N.V. had 56 analyst reports since August 6, 2015 according to SRatingsIntel. JP Morgan initiated Franks International NV (NYSE:FI) rating on Wednesday, June 22. JP Morgan has “Neutral” rating and $13 target. The stock of Franks International NV (NYSE:FI) has “Underweight” rating given on Wednesday, September 27 by JP Morgan. RBC Capital Markets maintained Franks International NV (NYSE:FI) rating on Friday, November 3. RBC Capital Markets has “Buy” rating and $9.0 target. The rating was downgraded by Credit Suisse to “Sell” on Tuesday, November 7. On Friday, August 25 the stock rating was upgraded by RBC Capital Markets to “Outperform”. The rating was maintained by RBC Capital Markets on Thursday, July 20 with “Sell”. UBS downgraded Franks International NV (NYSE:FI) on Thursday, August 25 to “Sell” rating. JP Morgan maintained Franks International NV (NYSE:FI) rating on Tuesday, September 12. JP Morgan has “Neutral” rating and $7 target. The firm earned “Underperform” rating on Friday, December 16 by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Sector Perform” on Thursday, April 28. See Franks International NV (NYSE:FI) latest ratings:

07/11/2017 Broker: Credit Suisse Rating: Sell Downgrade
03/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $9.0 Maintain
02/11/2017 Broker: Jefferies Rating: Hold New Target: $7.5 Maintain
19/10/2017 Broker: Piper Jaffray Rating: Hold New Target: $7.25 Maintain
16/10/2017 Broker: Jefferies Rating: Hold New Target: $8.0 Maintain
10/10/2017 Broker: Deutsche Bank Rating: Hold New Target: $7 Initiates Coverage On
06/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $10.0 Maintain
05/10/2017 Broker: Jefferies Rating: Hold New Target: $8.5 Maintain
27/09/2017 Broker: Piper Jaffray Rating: Hold New Target: $8.0 Maintain
27/09/2017 Broker: J.P. Morgan Rating: Sell New Target: $5.0 Downgrade

Among 16 analysts covering Travelers (NYSE:TRV), 6 have Buy rating, 3 Sell and 7 Hold. Therefore 38% are positive. Travelers had 45 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Buy” on Monday, August 21. The stock of Travelers Companies Inc (NYSE:TRV) has “Buy” rating given on Friday, October 20 by Citigroup. The stock of Travelers Companies Inc (NYSE:TRV) earned “Outperform” rating by RBC Capital Markets on Friday, January 22. The firm has “Hold” rating by Keefe Bruyette & Woods given on Wednesday, September 20. Citigroup maintained it with “Neutral” rating and $113 target in Wednesday, October 21 report. As per Thursday, December 1, the company rating was upgraded by Citigroup. The firm earned “Hold” rating on Monday, June 19 by Keefe Bruyette & Woods. The stock of Travelers Companies Inc (NYSE:TRV) earned “Neutral” rating by Bank of America on Monday, June 19. UBS maintained Travelers Companies Inc (NYSE:TRV) rating on Wednesday, November 1. UBS has “Neutral” rating and $139 target. RBC Capital Markets maintained the shares of TRV in report on Monday, June 26 with “Buy” rating.

Analysts await Travelers Companies Inc (NYSE:TRV) to report earnings on January, 23. They expect $2.16 earnings per share, down 32.50% or $1.04 from last year’s $3.2 per share. TRV’s profit will be $587.22M for 15.04 P/E if the $2.16 EPS becomes a reality. After $0.91 actual earnings per share reported by Travelers Companies Inc for the previous quarter, Wall Street now forecasts 137.36% EPS growth.

Origin Asset Management Llp increased Hasbro Inc (NASDAQ:HAS) stake by 31,000 shares to 302,422 valued at $33.72 million in 2017Q2. It also upped Copart Inc (NASDAQ:CPRT) stake by 371,622 shares and now owns 743,244 shares. Alibaba Group Hldg Ltd (NYSE:BABA) was raised too.

The stock increased 4.46% or $0.28 on November 17, reaching $6.56. About 1.00 million shares traded. Franks International NV (NYSE:FI) has declined 43.86% since November 18, 2016 and is downtrending. It has underperformed by 60.56% the S&P500.

Since June 14, 2017, it had 0 insider purchases, and 3 sales for $372,960 activity. $124,320 worth of Franks International NV (NYSE:FI) was sold by Bradford’s GP – LLC on Wednesday, June 14. The insider WBM Partnership – LP sold 14,800 shares worth $124,320. Mosing William Bradford sold 14,800 shares worth $124,320.

Frank’s International N.V. is a well-known provider of engineered tubular services, tubular fabrication and specialty well construction and well intervention solutions to the gas and oil industry. The company has market cap of $1.53 billion. The Firm operates through four business divisions: International Services, U. It currently has negative earnings. S.

Investors sentiment decreased to 1.24 in Q2 2017. Its down 0.19, from 1.43 in 2017Q1. It dropped, as 24 investors sold Franks International NV shares while 25 reduced holdings. 18 funds opened positions while 43 raised stakes. 69.73 million shares or 4.01% more from 67.04 million shares in 2017Q1 were reported. 8,025 were accumulated by Bnp Paribas Arbitrage. Qs Invsts Limited Liability Co reported 10,579 shares. Citadel Advisors Limited Co invested in 1.26 million shares. Commercial Bank Of America De has 0% invested in Franks International NV (NYSE:FI). Comerica Bancorp stated it has 221,161 shares. Great Lakes invested in 0% or 11,761 shares. 272,012 are owned by Jpmorgan Chase. Energ Opportunities Mngmt Lc owns 157,626 shares. Clearbridge Lc owns 0% invested in Franks International NV (NYSE:FI) for 186,312 shares. Wedge Mgmt L L P Nc owns 2.19 million shares for 0.17% of their portfolio. Moreover, Synovus has 0.01% invested in Franks International NV (NYSE:FI). Barclays Public Lc holds 49,929 shares or 0% of its portfolio. Tocqueville Asset Mgmt Ltd Partnership invested in 0.1% or 957,900 shares. Voya Invest Mgmt Ltd Liability holds 0% of its portfolio in Franks International NV (NYSE:FI) for 21,717 shares. Natl Asset Management has invested 0.05% of its portfolio in Franks International NV (NYSE:FI).

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