As Trina Solar Limited (Put) (TSL) Stock Value Were Volatile, Graham Capital Management LP Has Lowered Holding by $8.02 Million

July 18, 2017 - By Louis Casey

Kenneth Tropin decreased its stake in Trina Solar Limited (Put) (TSL) by 35.51% based on its latest 2016Q4 regulatory filing with the SEC. Graham Capital Management Lp sold 891,000 shares as the company’s stock 0.00% . The hedge fund run by Kenneth Tropin held 1.62 million shares of the semiconductors company at the end of 2016Q4, valued at $15.05M, down from 2.51M at the end of the previous reported quarter. Graham Capital Management Lp who had been investing in Trina Solar Limited (Put) for a number of months, seems to be less bullish one the $1.07B market cap company. It closed at $11.54 lastly. It is down 0.00% since July 18, 2016 and is . It has underperformed by 16.70% the S&P500.

Graham Capital Management Lp, which manages about $16.17 billion and $2.45B US Long portfolio, upped its stake in Tesla Mtrs Inc (Put) (NASDAQ:TSLA) by 189,500 shares to 287,600 shares, valued at $61.46M in 2016Q4, according to the filing. It also increased its holding in Ishares Tr (Put) (FXI) by 1.18 million shares in the quarter, for a total of 1.25M shares, and has risen its stake in Ak Stl Corp.

More notable recent Trina Solar Limited (ADR) (NYSE:TSL) news were published by: Benzinga.com which released: “Trina Solar’s Go-Private Deal Gives Investors A Light At The End Of The Tunnel” on August 03, 2016, also Fool.com with their article: “Trina Solar Limited Earnings: Size Doesn’t Mean Profit in Solar Manufacturing” published on November 27, 2015, Marketwatch.com published: “Trina Solar to go private in all-cash deal” on August 01, 2016. More interesting news about Trina Solar Limited (ADR) (NYSE:TSL) were released by: Fool.com and their article: “Better Buy: TerraForm Global, Inc. vs. Trina Solar” published on January 24, 2017 as well as Fool.com‘s news article titled: “Trina Solar Limited (ADR) Buyout: More Than Meets the Eye?” with publication date: December 14, 2015.

Trina Solar Limited (ADR) (NYSE:TSL) Ratings Coverage

Among 10 analysts covering Trina Solar Limited (NYSE:TSL), 4 have Buy rating, 1 Sell and 5 Hold. Therefore 40% are positive. Trina Solar Limited has $15 highest and $6 lowest target. $11.08’s average target is -3.99% below currents $11.54 stock price. Trina Solar Limited had 17 analyst reports since August 19, 2015 according to SRatingsIntel. Deutsche Bank downgraded the stock to “Hold” rating in Friday, May 27 report. The firm has “Neutral” rating given on Friday, June 3 by Roth Capital. RBC Capital Markets maintained Trina Solar Limited (ADR) (NYSE:TSL) rating on Tuesday, November 24. RBC Capital Markets has “Outperform” rating and $15 target. The company was downgraded on Friday, August 28 by Vetr. On Thursday, October 6 the stock rating was upgraded by Axiom Capital to “Buy”. TH Capital maintained the shares of TSL in report on Wednesday, August 19 with “Buy” rating. Vetr upgraded the stock to “Hold” rating in Wednesday, September 2 report. Axiom Capital initiated it with “Sell” rating and $6 target in Wednesday, August 26 report. Credit Suisse maintained Trina Solar Limited (ADR) (NYSE:TSL) rating on Friday, May 27. Credit Suisse has “Neutral” rating and $12 target. On Wednesday, November 11 the stock rating was upgraded by Morgan Stanley to “Overweight”.

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