Transocean LTD (RIG) Position Increased by Tensile Capital Management Llc

March 14, 2018 - By Kenneth Lin

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.30, from 1.25 in 2017Q2. It fall, as 66 investors sold RIG shares while 107 reduced holdings. 54 funds opened positions while 110 raised stakes. 280.42 million shares or 7.79% more from 260.14 million shares in 2017Q2 were reported. Ingalls Snyder Lc reported 0.25% of its portfolio in Transocean Ltd. (NYSE:RIG). Tudor Investment Et Al stated it has 141,507 shares or 0.04% of all its holdings. Janney Montgomery Scott Limited Liability Corporation holds 0.01% or 49,124 shares in its portfolio. Ls Inv Advisors Ltd Co holds 0.02% or 31,153 shares. Cubist Systematic Strategies Limited Liability Corporation has invested 0.02% in Transocean Ltd. (NYSE:RIG). Moreover, Thompson Rubinstein Invest Mngmt Or has 0.51% invested in Transocean Ltd. (NYSE:RIG) for 134,991 shares. 1,500 are owned by San Francisco Sentry Invest Group (Ca). Scotia Inc has 17,739 shares for 0% of their portfolio. Moreover, Advisory Services Network Lc has 0.01% invested in Transocean Ltd. (NYSE:RIG) for 11,228 shares. Amalgamated Natl Bank holds 0.03% in Transocean Ltd. (NYSE:RIG) or 74,755 shares. Guggenheim Capital Ltd Liability Co holds 503,731 shares. Product Prtn Limited Com owns 2.01M shares. 11,673 are owned by United Advisers. Gp Inc One Trading Limited Partnership owns 374,426 shares. Corecommodity Mgmt Limited owns 41,155 shares for 0.42% of their portfolio.

Douglas Dossey increased its stake in Transocean Ltd (RIG) by 58.48% based on its latest 2017Q3 regulatory filing with the SEC. Tensile Capital Management Llc bought 453,200 shares as the company’s stock declined 20.06% while stock markets rallied. The hedge fund run by Douglas Dossey held 1.23 million shares of the oil & gas production company at the end of 2017Q3, valued at $13.22 million, up from 775,000 at the end of the previous reported quarter. Tensile Capital Management Llc who had been investing in Transocean Ltd for a number of months, seems to be bullish on the $4.48 billion market cap company. The stock decreased 0.31% or $0.03 during the last trading session, reaching $9.76. About 8.08 million shares traded. Transocean Ltd. (NYSE:RIG) has risen 15.86% since March 14, 2017 and is uptrending. It has underperformed by 0.84% the S&P500.

More notable recent Transocean Ltd. (NYSE:RIG) news were published by: which released: “Transocean Receives Approval of Supplemental Prospectus for Compulsory …” on March 08, 2018, also with their article: “Why Transocean LTD Stock Tumbled 17% in February” published on March 05, 2018, published: “Transocean Ltd.’s CEO to Present at the Scotia Howard Weil 46th Annual Energy …” on March 12, 2018. More interesting news about Transocean Ltd. (NYSE:RIG) were released by: and their article: “Transocean Ltd. Announces Updates for Transocean Leader” published on February 15, 2018 as well as‘s news article titled: “Transocean Ltd. Reports Fourth Quarter, Full Year 2017 Results” with publication date: February 20, 2018.

Transocean Ltd. (NYSE:RIG) Ratings Coverage

Among 40 analysts covering Transocean Ltd (NYSE:RIG), 15 have Buy rating, 10 Sell and 15 Hold. Therefore 38% are positive. Transocean Ltd had 105 analyst reports since August 7, 2015 according to SRatingsIntel. Bernstein initiated Transocean Ltd. (NYSE:RIG) on Friday, December 2 with “Outperform” rating. Cowen & Co maintained the stock with “Market Perform” rating in Tuesday, August 18 report. The rating was maintained by Citigroup on Monday, May 16 with “Sell”. Jefferies upgraded the stock to “Underperform” rating in Monday, August 10 report. As per Monday, August 7, the company rating was maintained by Barclays Capital. Jefferies maintained the stock with “Hold” rating in Friday, June 30 report. The firm earned “Reduce” rating on Wednesday, October 14 by Seaport Global Securities. The firm has “Strong-Buy” rating by Vetr given on Friday, August 28. Jefferies maintained it with “Hold” rating and $10 target in Tuesday, August 16 report. The rating was upgraded by Deutsche Bank to “Hold” on Monday, September 28.

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