September 6, 2017 – By Dolores Ford
Investors sentiment increased to 1.1 in 2016 Q4. Its up 0.19, from 0.91 in 2016Q3. It improved, as 23 investors sold Tenneco Inc shares while 93 reduced holdings. 38 funds opened positions while 90 raised stakes. 51.24 million shares or 1.78% less from 52.17 million shares in 2016Q3 were reported.
Pictet Asset Management Limited holds 0.1% or 422,612 shares. Comml Bank Of America Corp De holds 0.01% or 440,805 shares in its portfolio. Foundry Prns Ltd Limited Liability Company has 51,994 shares. Bridgeway Cap Mngmt Incorporated stated it has 9,200 shares or 0.01% of all its holdings. First Republic invested in 0.04% or 73,082 shares. Pennsylvania-based Pnc Gru has invested 0% in Tenneco Inc (NYSE:TEN). Bank Of Ny Mellon Corp stated it has 384,358 shares. Vident Advisory Ltd Com accumulated 44,219 shares or 0.33% of the stock. Synovus stated it has 158 shares. 11,346 were accumulated by Cambridge Investment Research Advsr. Bnp Paribas Arbitrage Sa holds 99,124 shares. Aqr Mngmt Llc has 113,559 shares. Diamond Hill Management accumulated 571,921 shares. The North Carolina-based Salem Counselors has invested 0% in Tenneco Inc (NYSE:TEN). Regent Invest Ltd Liability reported 0.15% stake.
Since March 7, 2017, it had 4 insider purchases, and 2 sales for $529,089 activity. On Thursday, March 23 the insider Kunz John E bought $747. 15 Tenneco Inc (NYSE:TEN) shares with value of $934 were bought by TRAMMELL KENNETH R. 17 Tenneco Inc (NYSE:TEN) shares with value of $1,058 were bought by JACKSON TIMOTHY E. $615,448 worth of stock was sold by Sherrill Gregg M on Tuesday, March 7. $282,913 worth of Tenneco Inc (NYSE:TEN) shares were sold by PRICE DAVID B JR. Guo Peng bought $6,350 worth of stock.
Tenneco Inc (NYSE:TEN) Ratings Coverage
Among 10 analysts covering Tenneco Inc (NYSE:TEN), 5 have Buy rating, 0 Sell and 5 Hold. Therefore 50% are positive. Tenneco Inc has $78 highest and $50 lowest target. $67.90’s average target is 24.63% above currents $54.48 stock price. Tenneco Inc had 32 analyst reports since July 30, 2015 according to SRatingsIntel. On Wednesday, January 25 the stock rating was downgraded by Susquehanna to “Neutral”. Jefferies initiated the stock with “Hold” rating in Wednesday, November 30 report. Barclays Capital maintained the stock with “Equal Weight” rating in Monday, January 25 report. The stock has “Hold” rating by RBC Capital Markets on Wednesday, April 5. Goldman Sachs initiated the shares of TEN in report on Monday, April 3 with “Buy” rating. Jefferies maintained it with “Hold” rating and $67 target in Wednesday, April 26 report. The firm has “Overweight” rating by Barclays Capital given on Thursday, January 12. The rating was maintained by RBC Capital Markets with “Hold” on Friday, July 28. The stock of Tenneco Inc (NYSE:TEN) earned “Overweight” rating by Barclays Capital on Thursday, February 11. The company was maintained on Monday, October 26 by RBC Capital Markets. Below is a list of Tenneco Inc (NYSE:TEN) latest ratings and price target changes.
30/08/2017 Broker: RBC Capital Markets Rating: Hold New Target: $61.0 Maintain
28/07/2017 Broker: RBC Capital Markets Rating: Hold New Target: $61.0000 Maintain
11/07/2017 Broker: RBC Capital Markets Rating: Hold New Target: $63.0000 Maintain
06/07/2017 Broker: Jefferies Rating: Hold New Target: $67.0000 Maintain
03/07/2017 Broker: RBC Capital Markets Rating: Hold New Target: $71.0000 Maintain
21/06/2017 Broker: CLSA Rating: Buy New Target: $68.0000 Initiate
21/06/2017 Broker: Guggenheim Rating: Buy New Target: $68 Initiates Coverage On
30/05/2017 Broker: Jefferies Rating: Hold New Target: $67.0000 Maintain
02/05/2017 Broker: RBC Capital Markets Rating: Sector Perform Old Target: $67.00 New Target: $71.00 Maintain
26/04/2017 Broker: Jefferies Rating: Hold New Target: $67.00 Maintain
The stock decreased 3.44% or $1.94 during the last trading session, reaching $54.48. About shares traded. Tenneco Inc (NYSE:TEN) has risen 7.45% since September 6, 2016 and is uptrending. It has underperformed by 9.25% the S&P500.
Tenneco Inc. is a producer of clean air and ride performance products and systems for light vehicle, commercial truck, off-highway and other vehicle applications. The company has market cap of $2.90 billion. The Firm designs, makes and distributes highly engineered products for both original equipment vehicle manufacturers and the repair and replacement markets, or aftermarket, across the world. It has a 10.95 P/E ratio. The Firm operates through six divisions: North America Clean Air; North America Ride Performance; Europe, South America and India Clean Air; Europe, South America and India Ride Performance; Asia Pacific Clean Air, and Asia Pacific Ride Performance.
Another recent and important Tenneco Inc (NYSE:TEN) news was published by Seekingalpha.com which published an article titled: “Position Update: Tenneco” on August 30, 2017.
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