Tronox LTD (TROX) Holder Stelliam Investment Management LP Upped Its Position by $3.41 Million as Shares Rose; As Grifols B Adr (GRFS) Share Value Rose, Shareholder Rock Point Advisors Cut Stake by $1.40 Million

February 11, 2018 - By Louis Casey

Ross Margolies increased its stake in Tronox Ltd (TROX) by 6.51% based on its latest 2017Q3 regulatory filing with the SEC. Stelliam Investment Management Lp bought 162,500 shares as the company’s stock rose 28.57% with the market. The hedge fund run by Ross Margolies held 2.66M shares of the major chemicals company at the end of 2017Q3, valued at $56.13 million, up from 2.50M at the end of the previous reported quarter. Stelliam Investment Management Lp who had been investing in Tronox Ltd for a number of months, seems to be bullish on the $2.29B market cap company. The stock increased 2.24% or $0.42 during the last trading session, reaching $19.16. About 2.36M shares traded or 23.54% up from the average. Tronox Limited (NYSE:TROX) has risen 311.09% since February 11, 2017 and is uptrending. It has outperformed by 294.39% the S&P500.

Rock Point Advisors Llc decreased its stake in Grifols B Adr (GRFS) by 17.65% based on its latest 2017Q3 regulatory filing with the SEC. Rock Point Advisors Llc sold 66,801 shares as the company’s stock rose 23.33% with the market. The institutional investor held 311,670 shares of the health care company at the end of 2017Q3, valued at $6.82M, down from 378,471 at the end of the previous reported quarter. Rock Point Advisors Llc who had been investing in Grifols B Adr for a number of months, seems to be less bullish one the $17.48 billion market cap company. The stock increased 2.05% or $0.45 during the last trading session, reaching $22.37. About 347,007 shares traded. Grifols, S.A. (NASDAQ:GRFS) has risen 47.59% since February 11, 2017 and is uptrending. It has outperformed by 30.89% the S&P500.

Stelliam Investment Management Lp, which manages about $3.51B and $3.28 billion US Long portfolio, decreased its stake in Jpmorgan Chase & Co (NYSE:JPM) by 25,000 shares to 415,000 shares, valued at $39.64M in 2017Q3, according to the filing. It also reduced its holding in Builders Firstsource Inc (NASDAQ:BLDR) by 1.65M shares in the quarter, leaving it with 2.07 million shares, and cut its stake in Gogo Inc (NASDAQ:GOGO).

Among 9 analysts covering Tronox (NYSE:TROX), 7 have Buy rating, 1 Sell and 1 Hold. Therefore 78% are positive. Tronox had 19 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, August 13. Alembic maintained it with “Buy” rating and $2300 target in Monday, June 26 report. Alembic maintained Tronox Limited (NYSE:TROX) rating on Monday, June 5. Alembic has “Buy” rating and $2300 target. Alembic maintained the stock with “Buy” rating in Tuesday, August 8 report. As per Wednesday, April 6, the company rating was downgraded by UBS. JP Morgan maintained Tronox Limited (NYSE:TROX) rating on Thursday, January 25. JP Morgan has “Overweight” rating and $22 target. The rating was maintained by Alembic on Monday, July 31 with “Buy”. The rating was maintained by UBS on Thursday, November 9 with “Sell”. UBS maintained Tronox Limited (NYSE:TROX) on Thursday, August 4 with “Sell” rating. On Thursday, August 6 the stock rating was downgraded by B. Riley & Co to “Neutral”.

Since September 1, 2017, it had 0 buys, and 2 selling transactions for $357,004 activity. Another trade for 12,229 shares valued at $253,104 was sold by van Niekerk Willem Hendrik.

Investors sentiment increased to 1.14 in Q3 2017. Its up 0.06, from 1.08 in 2017Q2. It improved, as 19 investors sold TROX shares while 45 reduced holdings. 34 funds opened positions while 39 raised stakes. 62.74 million shares or 5.69% more from 59.37 million shares in 2017Q2 were reported. Regentatlantic Capital Limited Liability owns 16,640 shares for 0.03% of their portfolio. Ameritas Inv accumulated 5,438 shares. Schwab Charles Invest Mgmt Inc reported 0.01% in Tronox Limited (NYSE:TROX). Los Angeles Mgmt Equity Incorporated has invested 0% in Tronox Limited (NYSE:TROX). Tudor Investment Corp Et Al has invested 0.02% of its portfolio in Tronox Limited (NYSE:TROX). Victory Capital Mgmt owns 0.11% invested in Tronox Limited (NYSE:TROX) for 2.35M shares. Stelliam Invest Mgmt LP reported 2.66 million shares. 119,460 are owned by Chicago Equity Prtn Ltd Liability. Vaughan Nelson Mgmt Lp invested in 874,550 shares. Hutchin Hill Cap LP owns 36,200 shares. Amer Gp invested in 43,601 shares or 0% of the stock. Schneider holds 0.28% or 72,904 shares. Principal Financial Group Inc Incorporated Inc has 0% invested in Tronox Limited (NYSE:TROX) for 9,925 shares. Scoria Capital Prns LP reported 0.47% of its portfolio in Tronox Limited (NYSE:TROX). Thompson Davis & reported 500 shares or 0.02% of all its holdings.

Among 5 analysts covering Grifols SA (NASDAQ:GRFS), 3 have Buy rating, 1 Sell and 1 Hold. Therefore 60% are positive. Grifols SA had 7 analyst reports since August 17, 2015 according to SRatingsIntel. The firm has “Underweight” rating by Morgan Stanley given on Monday, January 4. Berenberg downgraded the stock to “Hold” rating in Friday, November 20 report. The rating was upgraded by Berenberg on Tuesday, February 9 to “Buy”. The rating was downgraded by HSBC to “Hold” on Wednesday, December 2. The rating was initiated by Nomura with “Buy” on Thursday, March 17. The stock of Grifols, S.A. (NASDAQ:GRFS) has “Overweight” rating given on Tuesday, January 3 by JP Morgan.

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