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Dril (DRQ) Market Value Declined While Atlanta Capital Management Co Has Lowered Its Holding by $1.05 Million; Wealthtrust Axiom Lifted Its Stake in Team (TISI) by $493,066

Wealthtrust Axiom Llc increased its stake in Team Inc (TISI) by 18.91% based on its latest 2017Q4 regulatory filing with the SEC. Wealthtrust Axiom Llc bought 35,219 shares as the company’s stock declined 5.88% with the market. The institutional investor held 221,437 shares of the consumer services company at the end of 2017Q4, valued at $3.30 million, up from 186,218 at the end of the previous reported quarter. Wealthtrust Axiom Llc who had been investing in Team Inc for a number of months, seems to be bullish on the $620.74 million market cap company. The stock increased 1.72% or $0.35 during the last trading session, reaching $20.7. About 762,279 shares traded or 36.49% up from the average. Team, Inc. (NYSE:TISI) has declined 46.03% since May 18, 2017 and is downtrending. It has underperformed by 57.58% the S&P500.

Atlanta Capital Management Co Llc decreased its stake in Dril (DRQ) by 5.45% based on its latest 2017Q4 regulatory filing with the SEC. Atlanta Capital Management Co Llc sold 22,404 shares as the company’s stock declined 5.81% with the market. The institutional investor held 388,828 shares of the energy company at the end of 2017Q4, valued at $18.55 million, down from 411,232 at the end of the previous reported quarter. Atlanta Capital Management Co Llc who had been investing in Dril for a number of months, seems to be less bullish one the $1.85B market cap company. The stock increased 4.41% or $2.05 during the last trading session, reaching $48.5. About 688,295 shares traded or 20.72% up from the average. Dril-Quip, Inc. (NYSE:DRQ) has declined 13.66% since May 18, 2017 and is downtrending. It has underperformed by 25.21% the S&P500.

Atlanta Capital Management Co Llc, which manages about $16.77B and $19.04 billion US Long portfolio, upped its stake in Huron Consulting Group Inc (NASDAQ:HURN) by 70,434 shares to 516,245 shares, valued at $20.88 million in 2017Q4, according to the filing. It also increased its holding in Envestnet Inc (NYSE:ENV) by 90,786 shares in the quarter, for a total of 537,122 shares, and has risen its stake in Graco Inc (NYSE:GGG).

Among 15 analysts covering Dril Quip (NYSE:DRQ), 3 have Buy rating, 0 Sell and 12 Hold. Therefore 20% are positive. Dril Quip has $82 highest and $39.0 lowest target. $56.29’s average target is 16.06% above currents $48.5 stock price. Dril Quip had 45 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co with “Market Perform” on Monday, November 2. The stock has “Hold” rating by Cowen & Co on Thursday, January 11. The stock of Dril-Quip, Inc. (NYSE:DRQ) has “Equal-Weight” rating given on Wednesday, February 28 by Barclays Capital. As per Thursday, October 19, the company rating was maintained by Piper Jaffray. The stock of Dril-Quip, Inc. (NYSE:DRQ) has “Sector Perform” rating given on Friday, July 29 by Howard Weil. On Tuesday, April 19 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. B. Riley & Co maintained Dril-Quip, Inc. (NYSE:DRQ) on Tuesday, May 1 with “Buy” rating. The stock of Dril-Quip, Inc. (NYSE:DRQ) has “Overweight” rating given on Monday, January 9 by Barclays Capital. FBR Capital maintained the stock with “Mkt Perform” rating in Monday, November 2 report. The rating was maintained by Howard Weil on Thursday, October 27 with “Sector Perform”.

More news for Dril-Quip, Inc. (NYSE:DRQ) were recently published by: Globenewswire.com, which released: “Dril-Quip, Inc. Announces First Quarter 2018 Results” on April 26, 2018. Globenewswire.com‘s article titled: “New Research Coverage Highlights Cerus, Health Insurance Innovations, Tetra Tech, Ferro, Dril-Quip, and MSC …” and published on May 15, 2018 is yet another important article.

Investors sentiment increased to 1.05 in 2017 Q4. Its up 0.01, from 1.04 in 2017Q3. It improved, as 24 investors sold DRQ shares while 69 reduced holdings. 32 funds opened positions while 66 raised stakes. 43.20 million shares or 4.08% more from 41.51 million shares in 2017Q3 were reported. First Manhattan Co stated it has 0% of its portfolio in Dril-Quip, Inc. (NYSE:DRQ). Vanguard Gru reported 3.24 million shares stake. Ameriprise Financial has invested 0.01% in Dril-Quip, Inc. (NYSE:DRQ). Metropolitan Life New York has invested 0.01% in Dril-Quip, Inc. (NYSE:DRQ). Texan Management reported 4.65% stake. Moreover, Inv Counselors Of Maryland Limited Liability has 1.02% invested in Dril-Quip, Inc. (NYSE:DRQ). 39,000 are held by Regions Corporation. Dimensional Fund Advsr Limited Partnership accumulated 3.18M shares. Moreover, American Century Companies has 0.02% invested in Dril-Quip, Inc. (NYSE:DRQ) for 342,231 shares. New York-based Blackrock Inc has invested 0.01% in Dril-Quip, Inc. (NYSE:DRQ). Moreover, Glenmede Trust Na has 0% invested in Dril-Quip, Inc. (NYSE:DRQ). New York State Teachers Retirement Systems reported 71,764 shares. California Pub Employees Retirement System stated it has 0.01% in Dril-Quip, Inc. (NYSE:DRQ). Advantus reported 4,640 shares or 0.01% of all its holdings. Bank & Trust owns 5,080 shares.

Since April 2, 2018, it had 0 buys, and 4 selling transactions for $307,840 activity. On Monday, April 2 the insider DeBerry Blake T. sold $87,973. $87,973 worth of Dril-Quip, Inc. (NYSE:DRQ) was sold by Webster James C.. The insider Bird Jeffrey J. sold $43,989.

Analysts await Dril-Quip, Inc. (NYSE:DRQ) to report earnings on July, 27. They expect $-0.07 earnings per share, down 177.78% or $0.16 from last year’s $0.09 per share. After $-0.24 actual earnings per share reported by Dril-Quip, Inc. for the previous quarter, Wall Street now forecasts -70.83% EPS growth.

Since December 15, 2017, it had 2 buys, and 0 selling transactions for $82,521 activity. On Friday, December 15 the insider Davis Jeffery Gerald bought $52,649.

Investors sentiment decreased to 1.1 in Q4 2017. Its down 0.97, from 2.07 in 2017Q3. It turned negative, as 16 investors sold TISI shares while 46 reduced holdings. 28 funds opened positions while 40 raised stakes. 33.82 million shares or 3.37% more from 32.72 million shares in 2017Q3 were reported. Citadel Limited Liability Company holds 0% of its portfolio in Team, Inc. (NYSE:TISI) for 223,104 shares. Boston Partners holds 0.01% in Team, Inc. (NYSE:TISI) or 719,070 shares. Lpl Financial Ltd Liability Corporation has invested 0% in Team, Inc. (NYSE:TISI). Us Financial Bank De invested in 8,929 shares. Pnc Financial Ser Grp owns 2,399 shares for 0% of their portfolio. State Of Alaska Department Of Revenue invested in 5,883 shares. Gsa Cap Prtn Ltd Liability Partnership has invested 0.05% in Team, Inc. (NYSE:TISI). Stratos Wealth Prtn Limited holds 0% or 215 shares. Teachers Retirement Of The State Of Kentucky has invested 0% in Team, Inc. (NYSE:TISI). 197 are owned by Tower Research Ltd Limited Liability Company (Trc). Fmr Ltd Liability holds 579,916 shares. D E Shaw And Commerce reported 98,924 shares stake. New York-based State Teachers Retirement has invested 0% in Team, Inc. (NYSE:TISI). Texas Permanent School Fund invested in 0% or 20,221 shares. Morgan Stanley reported 76,704 shares.

Dril-Quip, Inc. (NYSE:DRQ) Institutional Positions Chart

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