Vontobel Asset Management Has Increased Hdfc Bank LTD (HDB) Stake; Energen (EGN) Shorts Up By 56.51%

March 21, 2018 - By Pete Kolinski

Vontobel Asset Management Inc increased Hdfc Bank Ltd (HDB) stake by 4.09% reported in 2017Q3 SEC filing. Vontobel Asset Management Inc acquired 83,651 shares as Hdfc Bank Ltd (HDB)’s stock rose 20.33%. The Vontobel Asset Management Inc holds 2.13M shares with $224.62 million value, up from 2.05 million last quarter. Hdfc Bank Ltd now has $73.12B valuation. The stock decreased 0.65% or $0.63 during the last trading session, reaching $97.02. About 486,032 shares traded. HDFC Bank Limited (NYSE:HDB) has risen 36.23% since March 21, 2017 and is uptrending. It has outperformed by 19.53% the S&P500.

Energen Corporation (NYSE:EGN) had an increase of 56.51% in short interest. EGN’s SI was 3.64M shares in March as released by FINRA. Its up 56.51% from 2.32 million shares previously. With 1.03 million avg volume, 4 days are for Energen Corporation (NYSE:EGN)’s short sellers to cover EGN’s short positions. The SI to Energen Corporation’s float is 4.11%. The stock increased 1.77% or $0.98 during the last trading session, reaching $56.43. About 795,998 shares traded. Energen Corporation (NYSE:EGN) has risen 35.21% since March 21, 2017 and is uptrending. It has outperformed by 18.51% the S&P500.

Among 39 analysts covering Energen Corporation (NYSE:EGN), 27 have Buy rating, 2 Sell and 10 Hold. Therefore 69% are positive. Energen Corporation had 125 analyst reports since July 21, 2015 according to SRatingsIntel. Citigroup maintained the stock with “Neutral” rating in Friday, August 21 report. J.P. Morgan downgraded Energen Corporation (NYSE:EGN) on Friday, December 15 to “Sell” rating. The stock of Energen Corporation (NYSE:EGN) has “Overweight” rating given on Monday, November 20 by Barclays Capital. The company was downgraded on Wednesday, April 13 by Deutsche Bank. On Friday, June 2 the stock rating was maintained by RBC Capital Markets with “Hold”. The rating was downgraded by Johnson Rice to “Accumulate” on Tuesday, February 16. The company was upgraded on Monday, August 10 by Raymond James. On Tuesday, March 13 the stock rating was maintained by Stephens with “Buy”. On Thursday, April 13 the stock rating was maintained by Stifel Nicolaus with “Buy”. The rating was maintained by Topeka Capital Markets on Friday, February 12 with “Buy”.

Energen Corporation, through its subsidiary, Energen Resources Corporation, engages in the exploration, development, and production of oil, natural gas liquids, and natural gas. The company has market cap of $5.50 billion. It has activities within the Midland Basin, the Delaware Basin, and the Central Basin Platform areas of the Permian Basin in west Texas and New Mexico. It has a 17.97 P/E ratio.

Investors sentiment decreased to 0.96 in Q3 2017. Its down 0.06, from 1.02 in 2017Q2. It is negative, as 34 investors sold Energen Corporation shares while 86 reduced holdings. 41 funds opened positions while 81 raised stakes. 89.38 million shares or 7.87% less from 97.02 million shares in 2017Q2 were reported. State Common Retirement Fund, a New York-based fund reported 255,800 shares. Paloma Prns Management reported 38,646 shares or 0.03% of all its holdings. Boston stated it has 0.59% in Energen Corporation (NYSE:EGN). Macquarie Grp holds 0.01% or 108,500 shares. Comerica National Bank & Trust reported 127,313 shares. Sg Americas Secs Ltd Llc holds 5,132 shares or 0% of its portfolio. Massachusetts Ser Ma holds 1.56 million shares or 0.04% of its portfolio. 144,100 are held by California Public Employees Retirement Sys. Ls Investment Advsr Ltd has invested 0.02% in Energen Corporation (NYSE:EGN). Walleye Trading Llc accumulated 91,754 shares. Northern Tru Corporation has invested 0.01% in Energen Corporation (NYSE:EGN). Susquehanna Grp Ltd Liability Partnership has invested 0% in Energen Corporation (NYSE:EGN). Gabelli Funds Limited Liability Corporation stated it has 21,000 shares. Advisory Rech has 0.54% invested in Energen Corporation (NYSE:EGN) for 617,926 shares. Tocqueville Asset Mngmt Limited Partnership has 0.09% invested in Energen Corporation (NYSE:EGN).

Since March 9, 2018, it had 1 insider purchase, and 1 sale for $657,180 activity. 6,000 Energen Corporation (NYSE:EGN) shares with value of $346,620 were sold by Godsey David A. 17,500 shares were bought by COHEN JONATHAN Z, worth $1.00 million.

Among 3 analysts covering HDFC Bank Limited (NYSE:HDB), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. HDFC Bank Limited had 5 analyst reports since August 27, 2015 according to SRatingsIntel. The stock has “Buy” rating by Goldman Sachs on Wednesday, September 14. As per Wednesday, September 2, the company rating was downgraded by Zacks. The company was downgraded on Tuesday, March 21 by Morgan Stanley. The company was downgraded on Thursday, August 27 by Zacks. The firm has “Hold” rating given on Monday, September 21 by Zacks.

Vontobel Asset Management Inc decreased Paypal Hldgs Inc stake by 3.00 million shares to 1.73 million valued at $113.56 million in 2017Q3. It also reduced Align Technology Inc (NASDAQ:ALGN) stake by 3,098 shares and now owns 125,539 shares. Altria Group Inc (NYSE:MO) was reduced too.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.


Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: