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Schwab Charles Investment Management Has Upped Its Tenneco (TEN) Holding; Schafer Cullen Capital Management Cut Conocophillips (COP) Stake

Tenneco Inc. (NYSE:TEN) Logo

Schafer Cullen Capital Management Inc decreased Conocophillips (COP) stake by 2.61% reported in 2017Q4 SEC filing. Schafer Cullen Capital Management Inc sold 61,115 shares as Conocophillips (COP)’s stock rose 6.56%. The Schafer Cullen Capital Management Inc holds 2.28 million shares with $125.28M value, down from 2.34 million last quarter. Conocophillips now has $76.69B valuation. The stock decreased 0.47% or $0.31 during the last trading session, reaching $65.48. About 9.21 million shares traded or 24.78% up from the average. ConocoPhillips (NYSE:COP) has risen 33.53% since April 24, 2017 and is uptrending. It has outperformed by 21.98% the S&P500.

Schwab Charles Investment Management Inc increased Tenneco Inc (TEN) stake by 9.67% reported in 2017Q4 SEC filing. Schwab Charles Investment Management Inc acquired 31,924 shares as Tenneco Inc (TEN)’s stock declined 9.20%. The Schwab Charles Investment Management Inc holds 362,135 shares with $21.20 million value, up from 330,211 last quarter. Tenneco Inc now has $2.61B valuation. The stock increased 0.10% or $0.05 during the last trading session, reaching $50.77. About 534,197 shares traded. Tenneco Inc. (NYSE:TEN) has declined 15.35% since April 24, 2017 and is downtrending. It has underperformed by 26.90% the S&P500.

Investors sentiment increased to 0.72 in Q4 2017. Its up 0.09, from 0.63 in 2017Q3. It is positive, as 42 investors sold COP shares while 534 reduced holdings. 121 funds opened positions while 296 raised stakes. 805.62 million shares or 1.13% less from 814.86 million shares in 2017Q3 were reported. Canada Pension Plan Board has invested 0.06% in ConocoPhillips (NYSE:COP). Ascend Capital Lc holds 0.76% of its portfolio in ConocoPhillips (NYSE:COP) for 370,023 shares. Hbk Lp holds 0.09% or 183,600 shares in its portfolio. Mitchell Sinkler And Starr Pa holds 0.76% of its portfolio in ConocoPhillips (NYSE:COP) for 9,367 shares. Barrow Hanley Mewhinney & Strauss Limited Liability Company reported 27.73M shares. Texas Cap Retail Bank Tx holds 4,173 shares or 0.51% of its portfolio. Ameritas Investment holds 26,672 shares. Cubic Asset Management Limited Liability reported 21,585 shares. Buffington Mohr Mcneal has invested 0.26% in ConocoPhillips (NYSE:COP). Lafleur And Godfrey Limited Liability Company holds 3.74% or 277,483 shares in its portfolio. Tph Asset Llc has invested 0.56% in ConocoPhillips (NYSE:COP). Credit Suisse Ag has invested 0.1% in ConocoPhillips (NYSE:COP). Schwab Charles Invest invested 0.28% of its portfolio in ConocoPhillips (NYSE:COP). Greenleaf Trust owns 8,379 shares. Colony Gru Lc holds 6,047 shares.

Since March 29, 2018, it had 0 buys, and 1 sale for $1.47 million activity. $1.47 million worth of ConocoPhillips (NYSE:COP) was sold by LUNDQUIST ANDREW D.

Analysts await ConocoPhillips (NYSE:COP) to report earnings on April, 26 before the open. They expect $0.70 earnings per share, up 3,600.00% or $0.72 from last year’s $-0.02 per share. COP’s profit will be $819.80 million for 23.39 P/E if the $0.70 EPS becomes a reality. After $0.45 actual earnings per share reported by ConocoPhillips for the previous quarter, Wall Street now forecasts 55.56% EPS growth.

Among 25 analysts covering ConocoPhillips (NYSE:COP), 15 have Buy rating, 1 Sell and 9 Hold. Therefore 60% are positive. ConocoPhillips had 98 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, November 28 by Goldman Sachs. The company was maintained on Tuesday, July 18 by Cowen & Co. The stock of ConocoPhillips (NYSE:COP) has “Outperform” rating given on Monday, December 12 by Cowen & Co. The company was downgraded on Thursday, May 11 by Bank of America. The company was upgraded on Monday, July 11 by JP Morgan. The firm has “Neutral” rating given on Thursday, June 22 by Goldman Sachs. The firm earned “Buy” rating on Monday, April 9 by Scotia Capital. Bank of America maintained the shares of COP in report on Tuesday, October 20 with “Buy” rating. Goldman Sachs upgraded it to “Buy” rating and $60.0 target in Wednesday, December 13 report. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, September 28 report.

Schafer Cullen Capital Management Inc increased Imperial Brands Plc (Adr) stake by 10,307 shares to 1.03M valued at $44.11 million in 2017Q4. It also upped Energy Select Sector Spdr Fund (XLE) stake by 42,755 shares and now owns 48,596 shares. Taiwan Semiconductor Manufactu (NYSE:TSM) was raised too.

Investors sentiment decreased to 0.95 in Q4 2017. Its down 0.04, from 0.99 in 2017Q3. It dived, as 24 investors sold TEN shares while 93 reduced holdings. 26 funds opened positions while 85 raised stakes. 46.48 million shares or 2.80% less from 47.82 million shares in 2017Q3 were reported. Geode Mgmt Limited Liability accumulated 591,673 shares. Advisory Svcs Ltd Liability Co reported 1,763 shares. Parallax Volatility Advisers LP has invested 0% in Tenneco Inc. (NYSE:TEN). Amalgamated Bancorporation has invested 0.01% of its portfolio in Tenneco Inc. (NYSE:TEN). Jpmorgan Chase & Communication reported 260,266 shares. 725,451 were accumulated by Cooke And Bieler Limited Partnership. Jennison Associate Ltd Liability has invested 0% in Tenneco Inc. (NYSE:TEN). State Of Tennessee Treasury Department has invested 0.01% in Tenneco Inc. (NYSE:TEN). Deutsche National Bank & Trust Ag accumulated 0.01% or 260,486 shares. Elk Creek Prtn Ltd Limited Liability Company reported 77,100 shares stake. Brown Advisory reported 5,734 shares. The New York-based Boothbay Fund Mgmt Limited Liability has invested 0.12% in Tenneco Inc. (NYSE:TEN). Evanston Incorporated Dba Evanston owns 54,677 shares for 0.74% of their portfolio. 664,412 are held by Northern Tru Corp. 626,230 are owned by Columbia Wanger Asset Ltd Limited Liability Company.

Schwab Charles Investment Management Inc decreased Xl Group Ltd stake by 46,082 shares to 998,008 valued at $35.09M in 2017Q4. It also reduced Acco Brands Corp (NYSE:ACCO) stake by 94,707 shares and now owns 981,104 shares. Brinker Intl Inc (NYSE:EAT) was reduced too.

Among 11 analysts covering Tenneco Inc (NYSE:TEN), 5 have Buy rating, 0 Sell and 6 Hold. Therefore 45% are positive. Tenneco Inc has $80.0 highest and $50 lowest target. $67.25’s average target is 32.46% above currents $50.77 stock price. Tenneco Inc had 48 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Buy” rating by KeyBanc Capital Markets on Thursday, October 12. Jefferies maintained the stock with “Hold” rating in Monday, September 11 report. The firm has “Sector Perform” rating by RBC Capital Markets given on Tuesday, May 2. KeyBanc Capital Markets maintained it with “Buy” rating and $80.0 target in Monday, October 30 report. As per Monday, April 3, the company rating was initiated by Goldman Sachs. The firm earned “Hold” rating on Tuesday, October 24 by Jefferies. The firm has “Market Perform” rating by Wells Fargo given on Monday, February 12. The rating was downgraded by Wells Fargo on Wednesday, April 27 to “Market Perform”. The firm earned “Hold” rating on Friday, February 9 by RBC Capital Markets. The firm has “Market Perform” rating given on Monday, October 30 by Wells Fargo.

Since December 13, 2017, it had 0 buys, and 1 insider sale for $320,629 activity. Shares for $320,629 were sold by Guo Peng.

ConocoPhillips (NYSE:COP) Institutional Positions Chart

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