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As Consolidated Watr Co (CWCO) Shares Rose, First Manhattan Company Has Upped by $631,200 Its Holding; Tegean Capital Management Stake in Ofg Bancorp (OFG) Has Trimmed as Market Value Rose

OFG Bancorp (NYSE:OFG) Logo

Thomas G. Maheras decreased its stake in Ofg Bancorp (OFG) by 22.73% based on its latest 2017Q4 regulatory filing with the SEC. Tegean Capital Management Llc sold 239,349 shares as the company’s stock rose 12.77% while stock markets declined. The hedge fund run by Thomas G. Maheras held 813,651 shares of the major banks company at the end of 2017Q4, valued at $7.65 million, down from 1.05 million at the end of the previous reported quarter. Tegean Capital Management Llc who had been investing in Ofg Bancorp for a number of months, seems to be less bullish one the $532.02M market cap company. The stock increased 2.54% or $0.3 during the last trading session, reaching $12.1. About 233,458 shares traded. OFG Bancorp (NYSE:OFG) has declined 4.07% since April 13, 2017 and is downtrending. It has underperformed by 15.62% the S&P500.

First Manhattan Company increased its stake in Consolidated Watr Co (CWCO) by 7% based on its latest 2017Q4 regulatory filing with the SEC. First Manhattan Company bought 52,600 shares as the company’s stock rose 13.10% while stock markets declined. The hedge fund held 804,513 shares of the water supply company at the end of 2017Q4, valued at $10.14M, up from 751,913 at the end of the previous reported quarter. First Manhattan Company who had been investing in Consolidated Watr Co for a number of months, seems to be bullish on the $205.51 million market cap company. The stock increased 0.73% or $0.1 during the last trading session, reaching $13.75. About 28,194 shares traded. Consolidated Water Co. Ltd. (NASDAQ:CWCO) has risen 26.67% since April 13, 2017 and is uptrending. It has outperformed by 15.12% the S&P500.

First Manhattan Company, which manages about $20.51 billion and $18.25B US Long portfolio, decreased its stake in Avis Budget Group (NASDAQ:CAR) by 12,610 shares to 286,930 shares, valued at $12.59M in 2017Q4, according to the filing. It also reduced its holding in 3M Company (NYSE:MMM) by 14,874 shares in the quarter, leaving it with 680,127 shares, and cut its stake in Anheuser Busch Inbev (NYSE:BUD).

Investors sentiment increased to 2.14 in Q4 2017. Its up 0.93, from 1.21 in 2017Q3. It improved, as 6 investors sold CWCO shares while 16 reduced holdings. 16 funds opened positions while 31 raised stakes. 7.27 million shares or 7.52% more from 6.76 million shares in 2017Q3 were reported. Millennium Management Limited Com invested in 18,402 shares. 2,492 are owned by Legal And General Group Public Lc. Trexquant Investment Lp reported 10,524 shares. Water Asset Limited Company holds 0.42% or 69,176 shares in its portfolio. Geode Cap Mngmt Lc stated it has 34,743 shares or 0% of all its holdings. California State Teachers Retirement Systems invested 0% of its portfolio in Consolidated Water Co. Ltd. (NASDAQ:CWCO). New Jersey Better Educational Savings accumulated 50,000 shares or 0.64% of the stock. Northern has 173,191 shares for 0% of their portfolio. Jfs Wealth Ltd Liability Corp stated it has 113 shares or 0% of all its holdings. Tci Wealth Advsr reported 0.01% stake. Vanguard Group Incorporated reported 30,368 shares. Nj State Employees Deferred Compensation Plan stated it has 0.19% of its portfolio in Consolidated Water Co. Ltd. (NASDAQ:CWCO). Royal Bancorporation Of Canada stated it has 0% in Consolidated Water Co. Ltd. (NASDAQ:CWCO). Federated Pa invested 0% of its portfolio in Consolidated Water Co. Ltd. (NASDAQ:CWCO). Teton Inc reported 66,000 shares stake.

Since March 21, 2018, it had 0 buys, and 3 selling transactions for $41,761 activity. $3,722 worth of stock was sold by MORRISON ROBERT B. on Wednesday, March 21.

Investors sentiment decreased to 1.05 in Q4 2017. Its down 0.04, from 1.09 in 2017Q3. It dropped, as 15 investors sold OFG shares while 47 reduced holdings. 22 funds opened positions while 43 raised stakes. 39.29 million shares or 1.02% less from 39.70 million shares in 2017Q3 were reported. Parkside Fincl State Bank holds 0% or 46 shares. Wells Fargo & Mn holds 0% or 26,599 shares in its portfolio. Macquarie Grp Limited invested 0% in OFG Bancorp (NYSE:OFG). Smith Asset Mgmt Group LP holds 19,680 shares or 0.01% of its portfolio. Teton Inc has invested 0.02% of its portfolio in OFG Bancorp (NYSE:OFG). Moreover, Citadel Advisors Llc has 0% invested in OFG Bancorp (NYSE:OFG) for 16,744 shares. Denali Ltd Liability Corporation holds 0% or 369 shares in its portfolio. Moreover, Snow Lp has 0.49% invested in OFG Bancorp (NYSE:OFG) for 1.17 million shares. Virginia Retirement Et Al accumulated 27,900 shares. Moreover, Credit Suisse Ag has 0% invested in OFG Bancorp (NYSE:OFG). Leucadia National reported 39,528 shares stake. Alliancebernstein Ltd Partnership invested 0% of its portfolio in OFG Bancorp (NYSE:OFG). Connor Clark & Lunn Inv Mgmt Limited stated it has 121,925 shares. Panagora Asset Mngmt reported 22,526 shares stake. Us Bank & Trust De invested in 385 shares.

Among 7 analysts covering Oriental Financial Group Inc (NYSE:OFG), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Oriental Financial Group Inc had 17 analyst reports since July 27, 2015 according to SRatingsIntel. The stock has “Hold” rating by Piper Jaffray on Friday, July 21. The rating was upgraded by Keefe Bruyette & Woods to “Buy” on Tuesday, November 28. Merion Capital Group maintained the shares of OFG in report on Monday, April 25 with “Outperform” rating. Keefe Bruyette & Woods maintained the shares of OFG in report on Friday, May 26 with “Hold” rating. The stock has “Hold” rating by Piper Jaffray on Tuesday, February 27. Keefe Bruyette & Woods maintained OFG Bancorp (NYSE:OFG) on Wednesday, September 6 with “Hold” rating. Guggenheim upgraded the stock to “Buy” rating in Monday, July 27 report. Sandler O’Neill upgraded OFG Bancorp (NYSE:OFG) on Monday, October 30 to “Buy” rating. The rating was maintained by Sandler O’Neill on Monday, March 5 with “Buy”. On Tuesday, November 28 the stock rating was upgraded by Wood to “Outperform”.

OFG Bancorp (NYSE:OFG) Institutional Positions Chart

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