Paradigm Asset Management Co Has Boosted Its Te Connectivity LTD (TEL) Holding; Rafferty Asset Management Has Decreased Encana (ECA) Holding By $776,685

May 22, 2018 - By Louis Casey

Encana Corporation (NYSE:ECA) Logo

Rafferty Asset Management Llc decreased Encana Corp (ECA) stake by 51.79% reported in 2017Q4 SEC filing. Rafferty Asset Management Llc sold 59,745 shares as Encana Corp (ECA)’s stock declined 11.75%. The Rafferty Asset Management Llc holds 55,605 shares with $741,000 value, down from 115,350 last quarter. Encana Corp now has $12.84B valuation. The stock decreased 3.13% or $0.43 during the last trading session, reaching $13.32. About 10.29M shares traded or 7.29% up from the average. Encana Corporation (NYSE:ECA) has risen 5.00% since May 22, 2017 and is uptrending. It has underperformed by 6.55% the S&P500.

Paradigm Asset Management Co Llc increased Te Connectivity Ltd (TEL) stake by 33.22% reported in 2017Q4 SEC filing. Paradigm Asset Management Co Llc acquired 5,000 shares as Te Connectivity Ltd (TEL)’s stock rose 3.00%. The Paradigm Asset Management Co Llc holds 20,050 shares with $1.91 billion value, up from 15,050 last quarter. Te Connectivity Ltd now has $33.24 billion valuation. The stock decreased 1.03% or $0.99 during the last trading session, reaching $94.94. About 1.42M shares traded. TE Connectivity Ltd. (NYSE:TEL) has risen 31.35% since May 22, 2017 and is uptrending. It has outperformed by 19.80% the S&P500.

Among 13 analysts covering TE Connectivity (NYSE:TEL), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. TE Connectivity had 49 analyst reports since July 23, 2015 according to SRatingsIntel. As per Friday, July 1, the company rating was maintained by RBC Capital Markets. The stock of TE Connectivity Ltd. (NYSE:TEL) earned “Outperform” rating by Wells Fargo on Thursday, January 25. The firm earned “Outperform” rating on Friday, November 10 by Wells Fargo. The stock of TE Connectivity Ltd. (NYSE:TEL) has “Buy” rating given on Monday, March 26 by Oppenheimer. Morgan Stanley maintained it with “Overweight” rating and $102 target in Wednesday, December 13 report. The firm has “Buy” rating given on Thursday, October 12 by RBC Capital Markets. The company was maintained on Friday, September 25 by RBC Capital Markets. The stock has “Buy” rating by Oppenheimer on Monday, April 2. The stock of TE Connectivity Ltd. (NYSE:TEL) has “Neutral” rating given on Tuesday, March 29 by SunTrust. The firm has “Buy” rating by Longbow given on Thursday, January 12.

Investors sentiment increased to 1.02 in 2017 Q4. Its up 0.02, from 1 in 2017Q3. It is positive, as 34 investors sold TEL shares while 210 reduced holdings. 83 funds opened positions while 167 raised stakes. 303.06 million shares or 2.83% less from 311.89 million shares in 2017Q3 were reported. Ontario – Canada-based Td Asset Incorporated has invested 0.02% in TE Connectivity Ltd. (NYSE:TEL). Schwab Charles Investment Mngmt holds 0.09% in TE Connectivity Ltd. (NYSE:TEL) or 1.19M shares. Lee Danner Bass owns 3,782 shares. California Pub Employees Retirement Sys holds 981,123 shares or 0.13% of its portfolio. Perigon Wealth Mgmt Limited Liability Com owns 0.01% invested in TE Connectivity Ltd. (NYSE:TEL) for 376 shares. Clearbridge Invs invested in 1.28% or 14.62M shares. Glg stated it has 0.11% in TE Connectivity Ltd. (NYSE:TEL). Estabrook Mgmt accumulated 2,875 shares. Sigma Investment Counselors Incorporated has 2,209 shares for 0.03% of their portfolio. Omers Administration has invested 0.06% in TE Connectivity Ltd. (NYSE:TEL). Lsv Asset Mgmt invested in 0.32% or 2.12M shares. Cwm Limited Liability Company holds 1,338 shares. Jnba Fincl Advsrs accumulated 96 shares. Tower Rech Cap Limited Co (Trc) has 2,891 shares. Becker Cap holds 574,351 shares or 1.8% of its portfolio.

Since January 29, 2018, it had 0 insider purchases, and 5 insider sales for $35.35 million activity. MERKT STEVEN T also sold $1.10M worth of TE Connectivity Ltd. (NYSE:TEL) shares. CURTIN TERRENCE R had sold 142,450 shares worth $14.85 million on Monday, January 29. Another trade for 76,183 shares valued at $7.73M was made by LYNCH THOMAS J on Thursday, March 1. On Thursday, February 1 Jenkins John S sold $3.78M worth of TE Connectivity Ltd. (NYSE:TEL) or 36,550 shares.

Paradigm Asset Management Co Llc decreased Pnm Res Inc (NYSE:PNM) stake by 1,200 shares to 10,300 valued at $416.64M in 2017Q4. It also reduced Best Buy Inc. (NYSE:BBY) stake by 2,800 shares and now owns 10,000 shares. Charles Schwab (NYSE:SCHW) was reduced too.

Rafferty Asset Management Llc increased Marriott Intl Inc New (NASDAQ:MAR) stake by 19,037 shares to 33,871 valued at $4.60 million in 2017Q4. It also upped Zions Bancorporation (NASDAQ:ZION) stake by 9,137 shares and now owns 52,560 shares. Sherwin Williams Co (NYSE:SHW) was raised too.

Analysts await Encana Corporation (NYSE:ECA) to report earnings on July, 20. They expect $0.10 earnings per share, down 44.44% or $0.08 from last year’s $0.18 per share. ECA’s profit will be $96.36M for 33.30 P/E if the $0.10 EPS becomes a reality. After $0.16 actual earnings per share reported by Encana Corporation for the previous quarter, Wall Street now forecasts -37.50% negative EPS growth.

Another recent and important Encana Corporation (NYSE:ECA) news was published by Seekingalpha.com which published an article titled: “Encana slips despite Q1 earnings beat, higher production” on May 01, 2018.

TE Connectivity Ltd. (NYSE:TEL) Ratings Chart

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

By

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:


Recent Posts

>