Odey Asset Management Group LTD Decreased Its Rowan Companies Plc (RDC) Stake by $19.08 Million

Rowan Companies plc (NYSE:RDC) Corporate LogoDuring 2018 Q2 the big money sentiment decreased to 1. That’s change of 0.18, from 2018Q1’s 1.18. 24 investors sold all, 61 reduced holdings as RDC ratio dived. 57 grew positions while 28 funds took positions. Funds hold 117.74 million shares thus 4.37% less from 2018Q1’s 123.12 million shares. Canada Pension Plan Invest Board has invested 0.01% in Rowan Companies plc (NYSE:RDC). Arosa Limited Partnership reported 348,750 shs or 0.74% of all its holdings. Swiss National Bank has invested 0% in Rowan Companies plc (NYSE:RDC). The United Kingdom-based Legal And General Grp Incorporated Public Limited Liability Company has invested 0% in Rowan Companies plc (NYSE:RDC). Point72 Asset LP owns 661,500 shs or 0.04% of their US capital. Aqr Mngmt holds 2.82M shs. Nikko Asset Management Americas reported 192,512 shs stake. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Rowan Companies plc (NYSE:RDC). Pzena Invest Mngmt Llc owns 996,725 shs for 0.08% of their capital. Cubist Systematic Strategies Ltd Liability has 0.01% invested in Rowan Companies plc (NYSE:RDC) for 12,762 shs. Oregon Pub Employees Retirement Fund holds 44,310 shs. Citigroup reported 0% of its capital in Rowan Companies plc (NYSE:RDC). Schroder Inv Mgmt Group has invested 0.04% in Rowan Companies plc (NYSE:RDC). The California-based Schwab Charles Invest Mngmt has invested 0.01% in Rowan Companies plc (NYSE:RDC). Axa has 17,600 shs for 0% of their capital.

RDC had 1 insider sale and 0 insider purchases since June 20, 2018. This’s net activity of $88,020.

Odey Asset Management Group Ltd’s holdings in Rowan Companies Plc (RDC) is decreased by 9.84% based on its latest 2018Q2 regulatory filing with the SEC. 1.19M shares were sold by Odey Asset Management Group Ltd as the company’s stock rose 4.80% with the market. At the end of 2018Q2, the hedge fund held 10.93M shares of the oil & gas production company, priced at $177.23M, down from 12.12 million at the end of the previous reported quarter. $1.53 billion is the market cap of Rowan Companies Plc. RDC is reaching $12.03 during the last trading session, after decreased 3.68%.Rowan Companies plc has volume of 2.25 million shares. Since December 8, 2017 RDC has risen 50.24% and is uptrending. RDC outperformed the S&P 500 by 34.62%.

About $1.01 billion US Long portfolio Odey Asset Management Group Ltd manages. Its stake in Banco Macro Sa (NYSE:BMA) was rose by 416,232 shares to 465,232 shares valued at $27.35M in 2018Q2, according to the filing. Odey Asset Management Group Ltd has risen its stake in Sprint Corp (NYSE:S) and also increased its holding in Grupo Financiero Galicia S A (NASDAQ:GGAL) by 216,283 shares in the quarter, for a total of 346,283 shares.

Rowan Companies plc (NYSE:RDC)’s earnings report is expected on February, 27., as reported by RTT. Analysts predict 241.94 % diference or $-1.06 from the $-0.31 EPS from 2017. -6.19 % EPS growth is what analysts predict. $-1.13 earnings per share was published for last quarter.

For more Rowan Companies plc (NYSE:RDC) news published recently go to: Seekingalpha.com, Globenewswire.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Rowan October Fleet Status And Backlog Analysis – Seeking Alpha” published on October 22, 2018, “Research Report Identifies Canopy Growth, MSG Networks, ANI Pharmaceuticals, Mistras Group, Rowan Companies, and Chemours with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement – GlobeNewswire” on November 12, 2018, “Rowan Companies – Second Quarter Results Analysis – Seeking Alpha” with a publish date: August 08, 2018, “Rowan: October Fleet Status Report Analysis – Seeking Alpha” and the last “Rowan: Discussion Of Q3 Results – Seeking Alpha” with publication date: November 01, 2018.

Rowan Companies plc (NYSE:RDC) Ratings Coverage

Total analysts of 9 have positions in Rowan Companies (NYSE:RDC) as follows: 5 rated it a “Buy”, 1 with “Sell” and 3 with “Hold”. The positive are 56%. Since June 11, 2018 according to StockzIntelligence Inc Rowan Companies has 11 analyst reports. In Thursday, June 21 report Citigroup maintained the stock with “Neutral” rating. On Friday, August 3 Societe Generale upgraded the shares of RDC in report to “Buy” rating. On Monday, June 18 FBR Capital maintained Rowan Companies plc (NYSE:RDC) rating. FBR Capital has “Buy” rating and $2000 target. The company rating was downgraded by HSBC on Friday, September 21. On Monday, September 10 the stock of Rowan Companies plc (NYSE:RDC) has “Buy” rating given by Citigroup. In Thursday, August 9 report Barclays Capital maintained the stock with “Underweight” rating. On Monday, September 24 the stock has “Outperform” rating by Credit Suisse. On Thursday, September 20 the rating was upgraded by RBC Capital Markets to “Outperform”. On Friday, October 12 the rating was downgraded by JP Morgan to “Neutral”. On Monday, June 11 the rating was maintained by FBR Capital with “Buy”.

Rowan Companies plc (NYSE:RDC) Analyst Ratings Chart

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