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Tenneco (TEN) Holder Private Management Group Increased Holding by $1.93 Million as Stock Value Declined; Tata Mtrs LTD (TTM) Shareholder Alliancebernstein LP Lowered Holding by $3.28 Million

Alliancebernstein Lp decreased its stake in Tata Mtrs Ltd (TTM) by 34.76% based on its latest 2017Q3 regulatory filing with the SEC. Alliancebernstein Lp sold 105,715 shares as the company’s stock rose 2.96% with the market. The hedge fund held 198,384 shares of the auto manufacturing company at the end of 2017Q3, valued at $6.20 million, down from 304,099 at the end of the previous reported quarter. Alliancebernstein Lp who had been investing in Tata Mtrs Ltd for a number of months, seems to be less bullish one the $18.42B market cap company. The stock decreased 1.47% or $0.43 during the last trading session, reaching $28.81. About 782,552 shares traded. Tata Motors Limited (NYSE:TTM) has risen 21.13% since February 17, 2017 and is uptrending. It has outperformed by 4.43% the S&P500.

Private Management Group Inc increased its stake in Tenneco Inc (TEN) by 17.12% based on its latest 2017Q3 regulatory filing with the SEC. Private Management Group Inc bought 32,114 shares as the company’s stock declined 16.10% while stock markets rallied. The institutional investor held 219,721 shares of the o.e.m. company at the end of 2017Q3, valued at $13.33 million, up from 187,607 at the end of the previous reported quarter. Private Management Group Inc who had been investing in Tenneco Inc for a number of months, seems to be bullish on the $2.85B market cap company. The stock decreased 1.93% or $1.09 during the last trading session, reaching $55.32. About 865,327 shares traded or 89.13% up from the average. Tenneco Inc. (NYSE:TEN) has risen 7.45% since February 17, 2017 and is uptrending. It has underperformed by 9.25% the S&P500.

Investors sentiment increased to 0.99 in 2017 Q3. Its up 0.02, from 0.97 in 2017Q2. It is positive, as 29 investors sold TEN shares while 92 reduced holdings. 37 funds opened positions while 83 raised stakes. 47.82 million shares or 5.29% less from 50.49 million shares in 2017Q2 were reported. Nj State Employees Deferred Compensation Plan invested in 0.05% or 5,000 shares. Fdx invested in 0.02% or 9,988 shares. Farmers Merchants Investments has invested 0% in Tenneco Inc. (NYSE:TEN). Elk Creek Ltd owns 0.26% invested in Tenneco Inc. (NYSE:TEN) for 68,829 shares. Essex Mngmt Com Limited Liability invested 0.2% in Tenneco Inc. (NYSE:TEN). Utd Capital Finance Advisers Lc owns 0.01% invested in Tenneco Inc. (NYSE:TEN) for 15,159 shares. Bnp Paribas Asset Mgmt Hldgs Sa holds 205,190 shares or 0.11% of its portfolio. Wellington Management Gru Llp holds 0.03% of its portfolio in Tenneco Inc. (NYSE:TEN) for 2.19M shares. 8,655 were reported by Keybank Association Oh. James Investment Rech Inc, Ohio-based fund reported 51,599 shares. 515,484 were reported by Diamond Hill Cap. Acr Alpine Ltd Co holds 34,800 shares or 0.11% of its portfolio. Parametric Assocs Ltd Com has invested 0.01% in Tenneco Inc. (NYSE:TEN). Evanston Dba Evanston reported 51,334 shares. Leuthold Group Ltd holds 51,730 shares or 0.32% of its portfolio.

Private Management Group Inc, which manages about $2.22 billion and $1.89 billion US Long portfolio, decreased its stake in Travelers Companies Inc (NYSE:TRV) by 51,515 shares to 183,031 shares, valued at $22.43M in 2017Q3, according to the filing. It also reduced its holding in Loews Corp (NYSE:L) by 9,719 shares in the quarter, leaving it with 588,798 shares, and cut its stake in Valero Energy Corp New (NYSE:VLO).

Among 11 analysts covering Tenneco Inc (NYSE:TEN), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Tenneco Inc had 45 analyst reports since July 30, 2015 according to SRatingsIntel. The company was maintained on Sunday, October 1 by RBC Capital Markets. Wells Fargo maintained it with “Market Perform” rating and $64 target in Monday, October 30 report. As per Monday, September 11, the company rating was maintained by Jefferies. The firm has “Hold” rating by RBC Capital Markets given on Monday, July 3. Guggenheim maintained Tenneco Inc. (NYSE:TEN) on Monday, February 12 with “Buy” rating. As per Tuesday, December 15, the company rating was downgraded by RBC Capital Markets. The stock has “Neutral” rating by Susquehanna on Wednesday, January 25. RBC Capital Markets maintained the stock with “Hold” rating in Friday, February 9 report. The stock has “Hold” rating by Jefferies on Tuesday, May 30. The firm has “Hold” rating by Jefferies given on Thursday, July 6.

Since August 31, 2017, it had 0 buys, and 8 selling transactions for $4.98 million activity. Guo Peng sold 5,558 shares worth $320,629. Harrington James D. sold $782,816 worth of stock or 13,765 shares. Sherrill Gregg M had sold 27,443 shares worth $1.50M.

Among 7 analysts covering TTM Tech (NYSE:TTM), 4 have Buy rating, 1 Sell and 2 Hold. Therefore 57% are positive. TTM Tech had 14 analyst reports since August 6, 2015 according to SRatingsIntel. Bernstein upgraded the stock to “Outperform” rating in Tuesday, November 3 report. The stock has “Buy” rating by Stifel Nicolaus on Monday, January 11. Bernstein upgraded the shares of TTM in report on Monday, November 21 to “Outperform” rating. The company was downgraded on Friday, September 9 by Bernstein. Credit Suisse upgraded Tata Motors Limited (NYSE:TTM) on Tuesday, November 8 to “Outperform” rating. The stock of Tata Motors Limited (NYSE:TTM) has “Market Perform” rating given on Friday, August 11 by Bernstein. The rating was upgraded by Stifel Nicolaus on Monday, August 10 to “Hold”. The company was maintained on Thursday, August 6 by Needham. Jefferies initiated Tata Motors Limited (NYSE:TTM) on Monday, January 8 with “Buy” rating. On Friday, August 25 the stock rating was upgraded by Stifel Nicolaus to “Buy”.

Alliancebernstein Lp, which manages about $133.51 billion US Long portfolio, upped its stake in Energizer Hldgs Inc New by 79,980 shares to 117,492 shares, valued at $5.41M in 2017Q3, according to the filing. It also increased its holding in Quest Diagnostics Inc (NYSE:DGX) by 392,080 shares in the quarter, for a total of 1.54 million shares, and has risen its stake in Sunpower Corp (NASDAQ:SPWR).

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