During Q2 2018 the big money sentiment decreased to 0.89. That’s change of 0.41, from 2018Q1’s 1.3. 43 investors sold all, 79 reduced holdings as Tenneco Inc. ratio turned negative. 81 grew positions while 28 funds took positions. Funds hold 44.74 million shares thus 4.27% less from 2018Q1’s 46.74 million shares.
Bailard Incorporated holds 0.14% of its capital in Tenneco Inc. (NYSE:TEN) for 55,327 shs. First Mercantile Trust holds 2,405 shs or 0.02% of its capital. State Of Tennessee Treasury Department invested in 37,100 shs or 0.01% of the stock. Cim Invest Mangement reported 8,294 shs. Alphaone Inv Ser Ltd Company reported 1,593 shs. New Amsterdam Ptnrs Ltd Liability Corporation has invested 1.65% in Tenneco Inc. (NYSE:TEN). Bogle Mgmt Lp De owns 31,197 shs for 0.1% of their capital. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Management Corporation has 25,200 shs. Teacher Retirement System Of Texas has invested 0% in Tenneco Inc. (NYSE:TEN). First National Bank & Trust Of Omaha has 0.14% invested in Tenneco Inc. (NYSE:TEN). Grantham Mayo Van Otterloo & Limited Liability Company holds 0.02% or 48,583 shs. Connecticut-based Aqr Cap Mgmt Llc has invested 0% in Tenneco Inc. (NYSE:TEN). Wellington Management Grp Ltd Liability Partnership holds 3.67M shs or 0.04% of its capital. Moreover, Prelude Capital Mgmt Ltd Com has 0% invested in Tenneco Inc. (NYSE:TEN) for 1,500 shs. Elk Creek Ptnrs holds 84,937 shs or 0.21% of its capital.
Tenneco Inc (NYSE:TEN) recorded a decrease of 1.87% in shorted shares. FINRA announced in November TEN’s total 1.12M shorted shares. The down change of 1.87% from 1.14M shares was reported. With Average volume 379,600, TEN’s previous position will take 3 days to restore. Float short on Tenneco Inc is 2.23%.
TEN touched $33.52 during the last trading session after $1.43 change.Tenneco Inc. has 778,481 shares volume, 28.46% up from normal. TEN is downtrending and has moved 24.42% since November 10, 2017. The stock underperformed the S&P500 by 40.04%.
Tenneco Inc. designs, manufactures, and distributes clean air and ride performance products and systems for light vehicle, commercial truck, off-highway, and other vehicle applications worldwide.The company has $2.71 billion market cap. The firm offers various vehicle emission control products and systems, including catalytic converters and diesel oxidation catalysts, diesel particulate filters, burner systems, lean nitrogen oxide traps, hydrocarbon vaporizers and injectors, selective catalytic reduction (SCR)systems, SCR-coated diesel particulate filters (SDPF) systems, urea dosing systems, four-way catalysts, alternative NOx reduction technologies, mufflers and resonators, fabricated exhaust manifolds, pipes, hydroformed assemblies, elastomeric hangers and isolators, and after treatment control units.The P/E ratio is 6.71. It also provides ride performance products and systems, such as shock absorbers; struts; vibration control components; kinetic suspension technology systems, dual-mode suspension solutions, semi-active and active suspension systems, and kinetic H2/CVSA continuously variable semi active suspension systems; and other ride performance products comprising load assist products, springs, steering stabilizers, adjustable suspension systems, suspension kits, and modular assemblies.
Tenneco Inc. (NYSE:TEN) Ratings Coverage
In total 2 analysts cover Tenneco (NYSE:TEN). “Buy” rating has 0, “Sell” are 0, while 2 are “Hold”. 0 are bullish. 2 are the (NYSE:TEN)’s analyst reports since August 13, 2018 according to StockzIntelligence Inc. On Monday, October 29 the stock has “Market Perform” rating by Wells Fargo. On Monday, August 13 the rating was maintained by Morgan Stanley with “Equal-Weight”.
There’s a substantial Tenneco Inc. (NYSE:TEN) news brought out by Seekingalpha.com. It’s an item titled: “Tenneco to restructure North America Ride Control operations” on October 26, 2018.
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