As Whiting Pete New (WLL) Stock Price Declined, Holder Glendon Capital Management LP Boosted Position; Torray Has Lifted Holding in Checkpoint Software (CHKP) by $2.73 Million as Share Price Rose

January 14, 2018 - By Marguerite Chambers

Torray Llc increased its stake in Checkpoint Software (CHKP) by 18.59% based on its latest 2017Q3 regulatory filing with the SEC. Torray Llc bought 23,926 shares as the company’s stock rose 7.13% with the market. The institutional investor held 152,639 shares of the prepackaged software company at the end of 2017Q3, valued at $17.40M, up from 128,713 at the end of the previous reported quarter. Torray Llc who had been investing in Checkpoint Software for a number of months, seems to be bullish on the $16.84B market cap company. The stock increased 0.06% or $0.06 during the last trading session, reaching $103. About 999,049 shares traded. Check Point Software Technologies Ltd. (NASDAQ:CHKP) has risen 31.64% since January 14, 2017 and is uptrending. It has outperformed by 14.94% the S&P500.

Glendon Capital Management Lp increased its stake in Whiting Pete Corp New (WLL) by 112.34% based on its latest 2017Q3 regulatory filing with the SEC. Glendon Capital Management Lp bought 391,243 shares as the company’s stock declined 20.16% while stock markets rallied. The institutional investor held 739,523 shares of the oil & gas production company at the end of 2017Q3, valued at $4.04M, up from 348,280 at the end of the previous reported quarter. Glendon Capital Management Lp who had been investing in Whiting Pete Corp New for a number of months, seems to be bullish on the $2.70B market cap company. The stock increased 0.20% or $0.06 during the last trading session, reaching $29.78. About 4.20M shares traded. Whiting Petroleum Corporation (NYSE:WLL) has declined 20.87% since January 14, 2017 and is downtrending. It has underperformed by 37.57% the S&P500.

Glendon Capital Management Lp, which manages about $947.63M and $430.48 million US Long portfolio, decreased its stake in American Intl Group Inc (NYSE:AIG) by 65,437 shares to 116,063 shares, valued at $7.13M in 2017Q3, according to the filing. It also reduced its holding in United Contl Hldgs Inc (NYSE:UAL) by 8,335 shares in the quarter, leaving it with 55,011 shares, and cut its stake in Delphi Automotive Plc (NYSE:DLPH).

Among 40 analysts covering Whiting Petroleum Corporation (NYSE:WLL), 11 have Buy rating, 6 Sell and 23 Hold. Therefore 28% are positive. Whiting Petroleum Corporation had 134 analyst reports since July 21, 2015 according to SRatingsIntel. UBS downgraded the stock to “Sell” rating in Thursday, March 23 report. As per Tuesday, January 9, the company rating was maintained by Piper Jaffray. The firm has “Neutral” rating by Seaport Global given on Thursday, February 25. Stifel Nicolaus maintained it with “Buy” rating and $9.5 target in Thursday, October 5 report. Morgan Stanley upgraded the stock to “Equalweight” rating in Friday, June 24 report. On Wednesday, December 21 the stock rating was initiated by R. F. Lafferty with “Buy”. As per Friday, March 18, the company rating was maintained by Cowen & Co. On Thursday, July 30 the stock rating was downgraded by Stephens to “Equal Weight”. As per Tuesday, December 19, the company rating was upgraded by Seaport Global. RBC Capital Markets maintained Whiting Petroleum Corporation (NYSE:WLL) on Friday, June 2 with “Hold” rating.

Investors sentiment decreased to 0.94 in 2017 Q3. Its down 0.57, from 1.51 in 2017Q2. It is negative, as 61 investors sold WLL shares while 64 reduced holdings. 31 funds opened positions while 87 raised stakes. 308.92 million shares or 6.48% more from 290.12 million shares in 2017Q2 were reported. Sg Americas Ltd Liability holds 0% or 30,488 shares in its portfolio. Price T Rowe Associates Md stated it has 35,438 shares or 0% of all its holdings. Gabelli Funds has invested 0% of its portfolio in Whiting Petroleum Corporation (NYSE:WLL). Fdx Advsr owns 12,119 shares. Moreover, Credit Suisse Ag has 0% invested in Whiting Petroleum Corporation (NYSE:WLL) for 381,198 shares. Hightower Advsr Limited Liability Company owns 26,301 shares. Beach Point Mngmt Limited Partnership owns 2.07M shares or 2.61% of their US portfolio. Winfield Associates Inc invested in 0% or 270 shares. Metropolitan Life Ny holds 0% or 10,787 shares in its portfolio. Schneider Mngmt Corp holds 7.72% of its portfolio in Whiting Petroleum Corporation (NYSE:WLL) for 7.86M shares. Moreover, Royal Financial Bank Of Canada has 0% invested in Whiting Petroleum Corporation (NYSE:WLL) for 275,592 shares. Segall Bryant And Hamill Lc has invested 0% in Whiting Petroleum Corporation (NYSE:WLL). 438,800 are held by Art Advisors Ltd Liability Corp. Lpl Fincl Ltd Liability Corp owns 50,200 shares for 0% of their portfolio. Bank & Trust Of Mellon Corporation holds 0% or 1.52 million shares.

Among 32 analysts covering Check Point Software Technologies Ltd. (NASDAQ:CHKP), 6 have Buy rating, 1 Sell and 25 Hold. Therefore 19% are positive. Check Point Software Technologies Ltd. had 68 analyst reports since September 10, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, June 13 by Oppenheimer. The stock of Check Point Software Technologies Ltd. (NASDAQ:CHKP) has “Hold” rating given on Thursday, August 31 by BMO Capital Markets. The stock of Check Point Software Technologies Ltd. (NASDAQ:CHKP) earned “Neutral” rating by PiperJaffray on Friday, July 21. The stock of Check Point Software Technologies Ltd. (NASDAQ:CHKP) has “Neutral” rating given on Thursday, September 10 by BTIG Research. Oppenheimer maintained it with “Buy” rating and $12800 target in Thursday, July 20 report. BMO Capital Markets maintained it with “Hold” rating and $11700 target in Thursday, June 1 report. Bernstein initiated Check Point Software Technologies Ltd. (NASDAQ:CHKP) on Friday, March 11 with “Underperform” rating. Guggenheim initiated Check Point Software Technologies Ltd. (NASDAQ:CHKP) on Thursday, September 15 with “Neutral” rating. The stock of Check Point Software Technologies Ltd. (NASDAQ:CHKP) earned “Hold” rating by Piper Jaffray on Friday, October 6. The firm has “Neutral” rating by JP Morgan given on Wednesday, November 1.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>