Seaport Global Securities Equities Analysts Increase Earnings Estimates for Transocean LTD (RIG)

Trellus Management Company Llc who had been investing in Caterpillar Inc Del (Put) for a number of months, seems to be bullish on the $93.71B market cap company. The stock decreased 0.38% or $0.04 during the last trading session, reaching $10.58. Trading was heavy with 11,108,131 shares changed hands by the end of trading on Wednesday. Transocean Ltd. (NYSE:RIG) has risen 15.86% since December 26, 2016 and is uptrending. It has underperformed by 0.84% the S&P500.The move comes after 7 months positive chart setup for the $4.14 billion company.

Old Mutual Global Investors Uk Ltd increased its stake in Ugi Corp New (UGI) by 57.43% based on its latest 2017Q3 regulatory filing with the SEC. The stock increased 0.71% or $0.88 during the last trading session, reaching $123.97. The Fairpointe Capital Llc holds 2.58M shares with $27.79 million value, down from 3.94 million last quarter. Twenty-First Century Fox, Inc. It is down 0.00% since December 27, 2016 and is. It has underperformed by 3.81% the S&P500. Nomura maintained Transocean Ltd. (NYSE:RIG) on Thursday, August 17 with "Reduce" rating. Therefore 35% are positive.

Several analysts are forecasting growth estimate of Transocean Ltd. for the current quarter to be -136.5%. (NYSE:IT) on Wednesday, April 26 with "Neutral" rating. $11.86's average target is 10.63% above currents $10.72 stock price. The firm has "Underperform" rating by Jefferies given on Monday, August 10.

Among 40 analysts covering Transocean Ltd (NYSE:RIG), 14 have Buy rating, 10 Sell and 16 Hold. The company was upgraded on Wednesday, January 25 by PiperJaffray. Topeka Capital Markets maintained the stock with "Hold" rating in Friday, July 24 report. Eleven research analysts have rated the stock with a sell rating, twelve have given a hold rating and fifteen have given a buy rating to the company. D E Shaw Co reported 183,133 shares or 0% of all its holdings. Honeywell Intl Inc (NYSE:HON) was raised too.

Short interest, or the number of a stock's tradable shares now being shorted, is another metric investors use to get a pulse on sentiment. The company has an Average True Range (ATR) value of 0.34, while a Beta Value of 1.76. It turned negative, as 66 investors sold Transocean Ltd. shares while 107 reduced holdings.

Among new and sold out positions, 54 holders initiated new positions by a total of 12.62 million shares and 79 holders exited their positions by a total of 5.44 million shares. 280.42 million shares or 7.79% more from 260.14 million shares in 2017Q2 were reported. The offshore drilling services provider reported $0.16 earnings per share for the quarter, topping analysts' consensus estimates of ($0.04) by $0.20. 525,400 are owned by Ny State Teachers Retirement Systems. California Employees Retirement Systems holds 958,185 shares or 0.02% of its portfolio. Oppenheimer And holds 56,813 shares.

Institutional owners hold 76.80% stake while Insiders ownership held at 0.14% in the company. Tudor Investment Corporation Et Al has 0.04% invested in Transocean Ltd. (NYSE:RIG). The New York-based Tiaa Cref Investment Mngmt has invested 0.02% in Transocean Ltd. (NYSE:RIG). Ameritas Inv Ptnrs Incorporated stated it has 116,800 shares. Ingalls Snyder Ltd Com reported 443,214 shares. Axa holds 0% of its portfolio in Transocean Ltd. (NYSE:RIG) for 99,600 shares.

Analysts await Transocean Ltd. (NYSE:RIG) to report earnings on February, 22.

Midas Mngmt Corporation reported 1.78% of its portfolio in Transocean Ltd. (NYSE:RIG). They expect $-0.22 EPS, down 134.92% or $0.85 from last year's $0.63 per share. (NYSE:V), 32 have Buy rating, 0 Sell and 7 Hold. The stock of Twenty-First Century Fox, Inc. The stock of Transocean Ltd. (NYSE:RIG) has "Equal Weight" rating given on Tuesday, December 13 by CapitalOne. The firm earned "Buy" rating on Sunday, November 19 by KeyBanc Capital Markets. Scotia Capital maintained Transocean Ltd. (NYSE:RIG) on Thursday, March 23 with "Buy" rating. The firm has "Market Perform" rating given on Monday, December 12 by Telsey Advisory Group. Cantor Fitzgerald maintained the stock with "Buy" rating in Thursday, August 6 report. The company was maintained on Friday, August 7 by S&P Research. Morgan Stanley downgraded the stock to "Underweight" rating in Thursday, February 2 report. The company was maintained on Saturday, September 5 by Credit Suisse. Its mean Altman Z-Score: 0.35 during the last 7 years, while average Beneish M-Score: -3.69 during the last 7 years. FOXA's profit will be $866.19M for 18.38 P/E if the $0.47 EPS becomes a reality. After $0.16 actual earnings per share reported by Transocean Ltd. for the previous quarter, Wall Street now forecasts -237.50 % negative EPS growth.

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