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Franklin Resources Increased Its Helmerich & Payne (HP) Stake; Trecora Resources (TREC) Shorts Lowered By 1.42%

Helmerich & Payne, Inc. (NYSE:HP) Logo

Franklin Resources Inc increased Helmerich & Payne Inc (HP) stake by 14.95% reported in 2017Q4 SEC filing. Franklin Resources Inc acquired 934,765 shares as Helmerich & Payne Inc (HP)’s stock rose 3.36%. The Franklin Resources Inc holds 7.19 million shares with $464.73M value, up from 6.25 million last quarter. Helmerich & Payne Inc now has $8.00B valuation. The stock decreased 0.18% or $0.13 during the last trading session, reaching $73.47. About 1.35M shares traded. Helmerich & Payne, Inc. (NYSE:HP) has risen 3.63% since April 19, 2017 and is uptrending. It has underperformed by 7.92% the S&P500.

Trecora Resources (NYSE:TREC) had a decrease of 1.42% in short interest. TREC’s SI was 720,700 shares in April as released by FINRA. Its down 1.42% from 731,100 shares previously. With 51,200 avg volume, 14 days are for Trecora Resources (NYSE:TREC)’s short sellers to cover TREC’s short positions. The SI to Trecora Resources’s float is 3.56%. The stock decreased 0.70% or $0.1 during the last trading session, reaching $14.1. About 7,544 shares traded. Trecora Resources (NYSE:TREC) has risen 26.29% since April 19, 2017 and is uptrending. It has outperformed by 14.74% the S&P500.

Since December 15, 2017, it had 0 insider buys, and 3 selling transactions for $1.16 million activity. Shares for $147,679 were sold by MARSHALL CHAPMAN PAULA on Friday, December 15. $717,018 worth of stock was sold by Tardio Juan Pablo on Thursday, March 29.

Franklin Resources Inc decreased Banco Bradesco S A (NYSE:BBD) stake by 5.05M shares to 20.62M valued at $211.13M in 2017Q4. It also reduced Callon Pete Co Del (NYSE:CPE) stake by 34,800 shares and now owns 873,820 shares. Washington Real Estate Invt (NYSE:WRE) was reduced too.

Investors sentiment is 0.96 in 2017 Q4. Its the same as in 2017Q3. It is flat, as 38 investors sold HP shares while 158 reduced holdings. only 65 funds opened positions while 123 raised stakes. 112.80 million shares or 0.53% more from 112.20 million shares in 2017Q3 were reported. Fairfax Holdg Ltd Can holds 1.6% or 349,974 shares in its portfolio. Amica Pension Fund Board Of Trustees holds 0.03% of its portfolio in Helmerich & Payne, Inc. (NYSE:HP) for 4,372 shares. 2.56M were accumulated by Kiltearn Partners Llp. Viking Fund Mngmt Limited Liability Company has 2,500 shares for 0.03% of their portfolio. Alliancebernstein LP holds 0.04% of its portfolio in Helmerich & Payne, Inc. (NYSE:HP) for 831,067 shares. Beddow Capital Mgmt has invested 3.98% in Helmerich & Payne, Inc. (NYSE:HP). Miles Inc holds 13,844 shares. Morgan Dempsey Capital Management Limited Liability Corporation invested 0% of its portfolio in Helmerich & Payne, Inc. (NYSE:HP). Hall Laurie J Trustee has 50 shares for 0% of their portfolio. Hodges Mgmt has invested 0.18% in Helmerich & Payne, Inc. (NYSE:HP). Koch Industrial reported 5,852 shares. Caisse De Depot Et Placement Du Quebec has 46,096 shares. First Republic Investment Mgmt has 9,747 shares. Fincl Counselors Incorporated reported 6,091 shares. Great West Life Assurance Can owns 82,971 shares or 0.01% of their US portfolio.

Among 36 analysts covering Helmerich & Payne (NYSE:HP), 10 have Buy rating, 7 Sell and 19 Hold. Therefore 28% are positive. Helmerich & Payne had 134 analyst reports since August 3, 2015 according to SRatingsIntel. The company was upgraded on Thursday, December 21 by Tudor Pickering. The rating was initiated by SunTrust with “Buy” on Wednesday, January 18. The stock of Helmerich & Payne, Inc. (NYSE:HP) has “Market Perform” rating given on Monday, January 29 by Bernstein. Jefferies maintained the shares of HP in report on Thursday, January 4 with “Hold” rating. As per Tuesday, September 5, the company rating was maintained by BMO Capital Markets. The stock has “Neutral” rating by Susquehanna on Friday, November 13. The stock has “Buy” rating by Argus Research on Thursday, September 15. The stock of Helmerich & Payne, Inc. (NYSE:HP) earned “Buy” rating by Argus Research on Monday, January 9. The rating was maintained by Jefferies with “Hold” on Thursday, October 5. The firm earned “Hold” rating on Thursday, December 21 by RBC Capital Markets.

Trecora Resources primarily manufactures and sells various specialty hydrocarbons and synthetic waxes in the United States. The company has market cap of $343.87 million. The firm operates two divisions, Petrochemical and Specialty Waxes. It has a 19.58 P/E ratio. The Petrochemical segment offers hydrocarbons and other petroleum based products, such as isopentane, normal pentane, isohexane, and hexane used in the production of polyethylene, packaging, polypropylene, expandable polystyrene, poly-iso/urethane foams, and crude oil from the Canadian tar sands, as well as in the catalyst support industry.

Among 5 analysts covering Trecora Resources (NYSE:TREC), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Trecora Resources had 5 analyst reports since November 30, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, March 8 by Roth Capital. TH Capital maintained it with “Buy” rating and $18 target in Monday, November 30 report. Singular Research maintained it with “Buy” rating and $16 target in Thursday, April 27 report. The stock of Trecora Resources (NYSE:TREC) has “Buy” rating given on Wednesday, November 8 by B. Riley & Co.

Helmerich & Payne, Inc. (NYSE:HP) Institutional Positions Chart

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