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Synovus Financial Raised Intercontinental Exchange In (ICE) Position By $381,290; Ocean Rig UDW Inc. (ORIG) Covered By 2 Bullish Analysts Last Week

Ocean Rig UDW Inc. (NASDAQ:ORIG) Logo

Synovus Financial Corp increased Intercontinental Exchange In (ICE) stake by 61.05% reported in 2017Q4 SEC filing. Synovus Financial Corp acquired 5,447 shares as Intercontinental Exchange In (ICE)’s stock rose 2.21%. The Synovus Financial Corp holds 14,369 shares with $1.01M value, up from 8,922 last quarter. Intercontinental Exchange In now has $42.71B valuation. The stock increased 0.42% or $0.31 during the last trading session, reaching $73.52. About 1.07 million shares traded. Intercontinental Exchange, Inc. (NYSE:ICE) has risen 20.88% since April 26, 2017 and is uptrending. It has outperformed by 9.33% the S&P500.

Among 8 analysts covering Ocean Rig UDW (NASDAQ:ORIG), 2 have Buy rating, 5 Sell and 1 Hold. Therefore 25% are positive. Ocean Rig UDW had 16 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was downgraded by Piper Jaffray to “Underweight” on Friday, March 11. Zacks upgraded Ocean Rig UDW Inc. (NASDAQ:ORIG) on Tuesday, August 18 to “Hold” rating. The rating was downgraded by Danske Bank to “Sell” on Tuesday, February 9. The company was initiated on Friday, December 15 by Credit Suisse. As per Friday, March 11, the company rating was maintained by Deutsche Bank. The rating was downgraded by Simmons & Co on Friday, March 11 to “Underweight”. The rating was downgraded by Deutsche Bank to “Hold” on Tuesday, August 16. The stock has “Outperform” rating by Cowen & Co on Monday, August 17. The stock has “Sell” rating by Danske on Monday, August 10. See Ocean Rig UDW Inc. (NASDAQ:ORIG) latest ratings:

20/03/2018 Broker: Deutsche Bank Rating: Hold New Target: $30 Initiates Coverage On
15/12/2017 Broker: Credit Suisse Rating: Buy New Target: $32.0 Initiate

Synovus Financial Corp decreased Bristol Myers Squibb Co (NYSE:BMY) stake by 10,985 shares to 155,687 valued at $9.54M in 2017Q4. It also reduced Coca Cola Co (NYSE:KO) stake by 229,568 shares and now owns 9.14M shares. Qualcomm Inc (NASDAQ:QCOM) was reduced too.

Investors sentiment increased to 1.28 in 2017 Q4. Its up 0.23, from 1.05 in 2017Q3. It increased, as 33 investors sold ICE shares while 214 reduced holdings. 80 funds opened positions while 235 raised stakes. 496.95 million shares or 0.82% less from 501.06 million shares in 2017Q3 were reported. Channing Cap Management Limited Company accumulated 204,849 shares. Public Employees Retirement Association Of Colorado reported 0.69% in Intercontinental Exchange, Inc. (NYSE:ICE). Moreover, Alpha Cubed Invs Ltd Com has 0.42% invested in Intercontinental Exchange, Inc. (NYSE:ICE) for 45,702 shares. 1.59M are held by Manufacturers Life The. Massmutual Fsb Adv has 0.15% invested in Intercontinental Exchange, Inc. (NYSE:ICE) for 8,744 shares. Brown Brothers Harriman invested 0.01% of its portfolio in Intercontinental Exchange, Inc. (NYSE:ICE). Cognios Cap Ltd Company invested in 0.74% or 27,924 shares. Wall Street Access Asset Mgmt Lc holds 50,631 shares. Laurel Grove Cap Lc invested 0.58% of its portfolio in Intercontinental Exchange, Inc. (NYSE:ICE). Us Bankshares De owns 0.01% invested in Intercontinental Exchange, Inc. (NYSE:ICE) for 67,991 shares. Oppenheimer & Co Inc, a New York-based fund reported 8,529 shares. Martingale Asset Mngmt Limited Partnership holds 11,512 shares or 0.01% of its portfolio. 11,000 are held by Coastline Tru Communication. Moreover, Spectrum Grp Inc has 0% invested in Intercontinental Exchange, Inc. (NYSE:ICE). Intact Inv invested in 0.01% or 3,000 shares.

Among 20 analysts covering Intercontinental Exchange (NYSE:ICE), 17 have Buy rating, 0 Sell and 3 Hold. Therefore 85% are positive. Intercontinental Exchange had 69 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was initiated by RBC Capital Markets on Wednesday, December 9 with “Sector Perform”. The firm has “Market Perform” rating by Wells Fargo given on Thursday, October 5. The firm has “Buy” rating by Keefe Bruyette & Woods given on Thursday, December 21. The stock of Intercontinental Exchange, Inc. (NYSE:ICE) earned “Buy” rating by Jefferies on Monday, June 26. UBS maintained the shares of ICE in report on Thursday, August 4 with “Buy” rating. The rating was maintained by Citigroup on Thursday, October 19 with “Neutral”. The company was initiated on Friday, May 20 by Sterne Agee CRT. The firm earned “Overweight” rating on Tuesday, October 10 by Barclays Capital. The firm earned “Neutral” rating on Wednesday, June 1 by JP Morgan. Deutsche Bank maintained the shares of ICE in report on Friday, April 6 with “Buy” rating.

Ocean Rig UDW Inc., an offshore drilling contractor, provides oilfield services for offshore gas and oil exploration, development, and production drilling worldwide. The company has market cap of $2.17 billion. It specializes in the ultra-deepwater and harsh-environment segment of the offshore drilling industry. It currently has negative earnings. The firm owns and operates two fifth generation harsh weather ultra-deepwater semisubmersible offshore drilling units under the Leiv Eiriksson and Eirik Raude names; five sixth generation ultra-deepwater drilling units under the Ocean Rig Corcovado, the Ocean Rig Olympia, the Ocean Rig Poseidon, the Ocean Rig Mykonos, and the Ocean Rig Paros names; and four seventh generation drilling units under the Ocean Rig Mylos, the Ocean Rig Skyros, the Ocean Rig Athena, and the Ocean Rig Apollo names.

The stock decreased 2.74% or $0.67 during the last trading session, reaching $23.75. About 47,865 shares traded. Ocean Rig UDW Inc. (NASDAQ:ORIG) has declined 99.63% since April 26, 2017 and is downtrending. It has underperformed by 111.18% the S&P500.

Intercontinental Exchange, Inc. (NYSE:ICE) Institutional Positions Chart

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