Vertex One Asset Management Continues to Hold Holding in Rowan Companies Plc (RDC); Partnervest Advisory Services Has Raised Stake in Metlife (MET)

February 15, 2018 - By Linda Rogers

John Thiessen increased its stake in Rowan Companies Plc (RDC) by 166% based on its latest 2017Q3 regulatory filing with the SEC. Vertex One Asset Management Inc bought 166,000 shares as the company’s stock declined 21.10% while stock markets rallied. The hedge fund run by John Thiessen held 266,000 shares of the oil & gas production company at the end of 2017Q3, valued at $3.42 million, up from 100,000 at the end of the previous reported quarter. Vertex One Asset Management Inc who had been investing in Rowan Companies Plc for a number of months, seems to be bullish on the $1.55B market cap company. The stock decreased 1.88% or $0.235 during the last trading session, reaching $12.275. About 976,245 shares traded. Rowan Companies plc (NYSE:RDC) has declined 16.50% since February 15, 2017 and is downtrending. It has underperformed by 33.20% the S&P500.

Partnervest Advisory Services Llc increased its stake in Metlife Inc (MET) by 147.72% based on its latest 2017Q3 regulatory filing with the SEC. Partnervest Advisory Services Llc bought 6,287 shares as the company’s stock declined 4.70% while stock markets rallied. The institutional investor held 10,543 shares of the finance company at the end of 2017Q3, valued at $548,000, up from 4,256 at the end of the previous reported quarter. Partnervest Advisory Services Llc who had been investing in Metlife Inc for a number of months, seems to be bullish on the $48.66 billion market cap company. The stock decreased 0.99% or $0.46 during the last trading session, reaching $46.24. About 1.82M shares traded. MetLife, Inc. (NYSE:MET) has risen 13.92% since February 15, 2017 and is uptrending. It has underperformed by 2.78% the S&P500.

Among 16 analysts covering MetLife (NYSE:MET), 9 have Buy rating, 1 Sell and 6 Hold. Therefore 56% are positive. MetLife had 48 analyst reports since July 31, 2015 according to SRatingsIntel. Barclays Capital maintained the stock with “Overweight” rating in Friday, August 11 report. The rating was maintained by Wells Fargo with “Buy” on Tuesday, October 3. Deutsche Bank upgraded MetLife, Inc. (NYSE:MET) on Monday, January 23 to “Buy” rating. FBR Capital maintained MetLife, Inc. (NYSE:MET) on Monday, August 29 with “Outperform” rating. On Monday, July 24 the stock rating was initiated by J.P. Morgan with “Hold”. Morgan Stanley maintained MetLife, Inc. (NYSE:MET) on Friday, November 3 with “Equal-Weight” rating. The company was maintained on Monday, August 28 by Credit Suisse. On Thursday, January 26 the stock rating was initiated by Citigroup with “Sell”. Standpoint Research downgraded the stock to “Hold” rating in Friday, December 9 report. RBC Capital Markets maintained the shares of MET in report on Monday, July 10 with “Buy” rating.

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.05, from 0.94 in 2017Q2. It fall, as 61 investors sold MET shares while 336 reduced holdings. 65 funds opened positions while 289 raised stakes. 784.85 million shares or 1.65% more from 772.09 million shares in 2017Q2 were reported. Axa invested 0.03% of its portfolio in MetLife, Inc. (NYSE:MET). Pictet Asset Mgmt Limited owns 0.09% invested in MetLife, Inc. (NYSE:MET) for 609,597 shares. Alpha Windward Ltd Liability Corporation has 0.11% invested in MetLife, Inc. (NYSE:MET) for 3,321 shares. Peapack Gladstone holds 100,572 shares. Orrstown Fincl Services stated it has 0% in MetLife, Inc. (NYSE:MET). Salem Investment Counselors holds 0.26% in MetLife, Inc. (NYSE:MET) or 42,330 shares. Hermes Invest Mgmt, United Kingdom-based fund reported 283,208 shares. Charter invested 0.05% of its portfolio in MetLife, Inc. (NYSE:MET). Advisor Ptnrs Limited Co owns 18,446 shares. Aimz Investment Advsr Llc invested in 0.21% or 4,488 shares. Brandywine Glob Invest Management Ltd Llc reported 0.31% stake. 4,525 were reported by Loews. Pnc Service Gru Inc has 722,167 shares. 1.76 million are held by Prudential. 13,648 are owned by Optimum Inv Advisors.

Partnervest Advisory Services Llc, which manages about $418.45 million and $205.20M US Long portfolio, decreased its stake in Chevron Corp New (NYSE:CVX) by 4,777 shares to 13,168 shares, valued at $1.55 million in 2017Q3, according to the filing. It also reduced its holding in Select Sector Spdr Tr (XLK) by 8,372 shares in the quarter, leaving it with 6,829 shares, and cut its stake in Powershares Etf Tr Ii (SPHD).

Investors sentiment decreased to 0.7 in 2017 Q3. Its down 0.56, from 1.26 in 2017Q2. It is negative, as 29 investors sold RDC shares while 87 reduced holdings. 29 funds opened positions while 52 raised stakes. 129.33 million shares or 3.45% less from 133.95 million shares in 2017Q2 were reported. Blackrock Inc invested 0.01% in Rowan Companies plc (NYSE:RDC). 187,586 were accumulated by Credit Suisse Ag. Arrowstreet Capital Limited Partnership owns 88,845 shares for 0% of their portfolio. Geode Mgmt Limited Co has invested 0% in Rowan Companies plc (NYSE:RDC). Jpmorgan Chase And Com invested 0.01% in Rowan Companies plc (NYSE:RDC). Tower Research Capital Ltd Co (Trc) owns 12,152 shares or 0.01% of their US portfolio. Engy Opportunities Capital Mngmt Lc owns 143,502 shares. Indexiq Advsr Ltd Llc holds 3,452 shares or 0% of its portfolio. Livingston Asset Mgmt (Operating As Southport Management) has 0.07% invested in Rowan Companies plc (NYSE:RDC). Moreover, Century Companies has 0% invested in Rowan Companies plc (NYSE:RDC). Mason Street Advisors Limited Liability holds 0.02% or 56,392 shares. Mrj Cap has invested 0.03% in Rowan Companies plc (NYSE:RDC). Hbk Invests LP owns 0.22% invested in Rowan Companies plc (NYSE:RDC) for 2.16 million shares. Voya Mngmt Ltd Liability Corporation stated it has 0% in Rowan Companies plc (NYSE:RDC). Vertex One Asset Management Inc reported 266,000 shares.

Among 33 analysts covering Rowan Companies Inc. (NYSE:RDC), 7 have Buy rating, 4 Sell and 22 Hold. Therefore 21% are positive. Rowan Companies Inc. had 96 analyst reports since July 22, 2015 according to SRatingsIntel. As per Wednesday, August 2, the company rating was maintained by Cowen & Co. The firm has “Hold” rating given on Thursday, November 3 by Societe Generale. Cowen & Co maintained Rowan Companies plc (NYSE:RDC) rating on Thursday, January 11. Cowen & Co has “Hold” rating and $14.0 target. On Friday, September 23 the stock rating was downgraded by Credit Suisse to “Neutral”. The rating was maintained by Cowen & Co with “Hold” on Wednesday, October 18. The firm has “Hold” rating given on Wednesday, June 21 by BMO Capital Markets. Credit Suisse maintained Rowan Companies plc (NYSE:RDC) rating on Monday, April 24. Credit Suisse has “Hold” rating and $21 target. The firm earned “Hold” rating on Friday, October 6 by RBC Capital Markets. On Monday, September 19 the stock rating was upgraded by Zephrin Group to “Buy”. The stock of Rowan Companies plc (NYSE:RDC) has “Hold” rating given on Tuesday, July 11 by BMO Capital Markets.

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