As Banco De Chile (BCH) Share Price Rose, Shareholder Trilogy Global Advisors LP Has Decreased Position by $2.95 Million; As Newfield Expl Co (NFX) Share Value Declined, Dekabank Deutsche Girozentrale Has Raised Its Holding by $710,975

January 26, 2018 - By Adrian Mccoy

Trilogy Global Advisors Lp decreased its stake in Banco De Chile (BCH) by 8.57% based on its latest 2017Q3 regulatory filing with the SEC. Trilogy Global Advisors Lp sold 32,386 shares as the company’s stock rose 4.72% with the market. The institutional investor held 345,665 shares of the commercial banks company at the end of 2017Q3, valued at $31.52 million, down from 378,051 at the end of the previous reported quarter. Trilogy Global Advisors Lp who had been investing in Banco De Chile for a number of months, seems to be less bullish one the $16.87B market cap company. The stock increased 1.09% or $1.13 during the last trading session, reaching $104.53. About 15,605 shares traded. Banco de Chile (NYSE:BCH) has risen 26.52% since January 26, 2017 and is uptrending. It has outperformed by 9.82% the S&P500.

Dekabank Deutsche Girozentrale increased its stake in Newfield Expl Co (NFX) by 18.59% based on its latest 2017Q3 regulatory filing with the SEC. Dekabank Deutsche Girozentrale bought 28,439 shares as the company’s stock declined 17.43% while stock markets rallied. The institutional investor held 181,445 shares of the oil & gas production company at the end of 2017Q3, valued at $4.60 million, up from 153,006 at the end of the previous reported quarter. Dekabank Deutsche Girozentrale who had been investing in Newfield Expl Co for a number of months, seems to be bullish on the $6.69B market cap company. The stock increased 0.18% or $0.06 during the last trading session, reaching $33.87. About 1.23 million shares traded. Newfield Exploration Company (NYSE:NFX) has declined 13.04% since January 26, 2017 and is downtrending. It has underperformed by 29.74% the S&P500.

Among 7 analysts covering Banco de Chile (NYSE:BCH), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Banco de Chile had 12 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Friday, May 6 by JP Morgan. Standpoint Research upgraded the shares of BCH in report on Wednesday, August 26 to “Hold” rating. On Tuesday, December 13 the stock rating was upgraded by JP Morgan to “Overweight”. Barclays Capital maintained Banco de Chile (NYSE:BCH) on Thursday, April 7 with “Overweight” rating. The firm has “Neutral” rating given on Wednesday, September 6 by JP Morgan. The firm earned “Hold” rating on Wednesday, September 6 by J.P. Morgan. Zacks upgraded the shares of BCH in report on Tuesday, August 11 to “Hold” rating. The firm earned “Hold” rating on Monday, August 15 by Standpoint Research. The firm earned “Outperform” rating on Friday, July 15 by Scotia Capital. On Wednesday, January 24 the stock rating was downgraded by Deutsche Bank to “Sell”.

Analysts await Banco de Chile (NYSE:BCH) to report earnings on January, 30. They expect $1.37 EPS, up 23.42% or $0.26 from last year’s $1.11 per share. BCH’s profit will be $221.10M for 19.07 P/E if the $1.37 EPS becomes a reality. After $1.26 actual EPS reported by Banco de Chile for the previous quarter, Wall Street now forecasts 8.73% EPS growth.

Trilogy Global Advisors Lp, which manages about $14.31B and $1.58 billion US Long portfolio, upped its stake in Starbucks Corp (NASDAQ:SBUX) by 196,868 shares to 1.08 million shares, valued at $57.86 million in 2017Q3, according to the filing. It also increased its holding in Yum China Hldgs Inc by 35,412 shares in the quarter, for a total of 3.11 million shares, and has risen its stake in Ctrip Com Intl Ltd (NASDAQ:CTRP).

Investors sentiment increased to 1.09 in Q3 2017. Its up 0.01, from 1.08 in 2017Q2. It is positive, as 38 investors sold NFX shares while 122 reduced holdings. 43 funds opened positions while 132 raised stakes. 195.89 million shares or 2.01% less from 199.90 million shares in 2017Q2 were reported. Sumitomo Mitsui Tru Holdg holds 556,280 shares or 0.02% of its portfolio. Mitchell Grp Incorporated has invested 4.28% in Newfield Exploration Company (NYSE:NFX). Regions Financial invested 0.01% in Newfield Exploration Company (NYSE:NFX). Reinhart Prtn Inc, Wisconsin-based fund reported 746,613 shares. Holt Advisors Limited Liability Corporation Dba Holt Prtnrs Limited Partnership stated it has 13,355 shares. Tarbox Family Office reported 0% of its portfolio in Newfield Exploration Company (NYSE:NFX). Waddell And Reed Fincl reported 0.1% in Newfield Exploration Company (NYSE:NFX). Zeke Capital Ltd holds 0.04% of its portfolio in Newfield Exploration Company (NYSE:NFX) for 8,678 shares. Essex Investment Mgmt Co Limited Co accumulated 15,901 shares or 0.06% of the stock. Hbk LP holds 0% in Newfield Exploration Company (NYSE:NFX) or 16,199 shares. Tci Wealth Advsrs Incorporated invested in 0.03% or 2,000 shares. Jacobs Levy Equity Mgmt holds 0.18% in Newfield Exploration Company (NYSE:NFX) or 307,606 shares. 40,018 were reported by Kbc Nv. Commonwealth Equity Serv Inc holds 7,141 shares or 0% of its portfolio. State Of New Jersey Common Pension Fund D holds 120,000 shares or 0.01% of its portfolio.

Since September 1, 2017, it had 0 insider buys, and 3 selling transactions for $1.05 million activity.

Among 34 analysts covering Newfield Exploration Co. (NYSE:NFX), 22 have Buy rating, 0 Sell and 12 Hold. Therefore 65% are positive. Newfield Exploration Co. had 111 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by Cantor Fitzgerald given on Wednesday, December 23. The rating was downgraded by JP Morgan on Friday, December 15 to “Neutral”. JP Morgan maintained it with “Overweight” rating and $36 target in Tuesday, March 15 report. Cowen & Co maintained the shares of NFX in report on Friday, September 15 with “Buy” rating. As per Tuesday, October 3, the company rating was maintained by Jefferies. The rating was maintained by Susquehanna with “Buy” on Wednesday, January 17. The company was maintained on Thursday, October 19 by Cowen & Co. The stock of Newfield Exploration Company (NYSE:NFX) earned “Neutral” rating by Citigroup on Tuesday, August 9. PiperJaffray maintained it with “Overweight” rating and $41 target in Monday, September 18 report. The stock has “Hold” rating by J.P. Morgan on Friday, December 15.

Dekabank Deutsche Girozentrale, which manages about $12.83 billion US Long portfolio, decreased its stake in Amerisourcebergen Corp (NYSE:ABC) by 9,591 shares to 65,945 shares, valued at $5.37 million in 2017Q3, according to the filing. It also reduced its holding in Lincoln Natl Corp Ind (NYSE:LNC) by 17,969 shares in the quarter, leaving it with 82,289 shares, and cut its stake in Hca Holdings Inc (NYSE:HCA).

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

>