Eulav Asset Management Has Boosted Holding in Tesla (TSLA); As Loews Com (L) Share Value Declined, Shareholder Roundview Capital Has Cut Holding by $1.93 Million

May 26, 2018 - By whatsonthorold

Loews Corporation (NYSE:L) Logo

Eulav Asset Management increased its stake in Tesla Inc (TSLA) by 10.53% based on its latest 2017Q4 regulatory filing with the SEC. Eulav Asset Management bought 2,000 shares as the company’s stock declined 14.15% with the market. The institutional investor held 21,000 shares of the capital goods company at the end of 2017Q4, valued at $6.54M, up from 19,000 at the end of the previous reported quarter. Eulav Asset Management who had been investing in Tesla Inc for a number of months, seems to be bullish on the $47.35B market cap company. The stock increased 0.36% or $1 during the last trading session, reaching $278.85. About 3.75 million shares traded. Tesla, Inc. (NASDAQ:TSLA) has risen 3.32% since May 26, 2017 and is uptrending. It has underperformed by 8.23% the S&P500.

Roundview Capital Llc decreased its stake in Loews Corp Com (L) by 81.54% based on its latest 2017Q4 regulatory filing with the SEC. Roundview Capital Llc sold 38,600 shares as the company’s stock declined 1.13% with the market. The institutional investor held 8,740 shares of the property-casualty insurers company at the end of 2017Q4, valued at $437,000, down from 47,340 at the end of the previous reported quarter. Roundview Capital Llc who had been investing in Loews Corp Com for a number of months, seems to be less bullish one the $15.88 billion market cap company. The stock decreased 0.82% or $0.41 during the last trading session, reaching $49.73. About 916,260 shares traded. Loews Corporation (NYSE:L) has risen 6.93% since May 26, 2017 and is uptrending. It has underperformed by 4.62% the S&P500.

Among 38 analysts covering Tesla Motors Inc (NASDAQ:TSLA), 13 have Buy rating, 10 Sell and 15 Hold. Therefore 34% are positive. Tesla Motors Inc had 154 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by Robert W. Baird on Tuesday, January 23. The rating was maintained by Bank of America with “Sell” on Thursday, May 3. The firm has “Outperform” rating by Credit Suisse given on Thursday, February 11. The firm has “Sell” rating given on Thursday, February 8 by Barclays Capital. As per Friday, October 6, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating given on Tuesday, August 11 by Zacks. The firm has “Hold” rating given on Friday, May 26 by RBC Capital Markets. The rating was maintained by Goldman Sachs with “Sell” on Thursday, April 19. The stock has “Sell” rating by Standpoint Research on Wednesday, October 4. On Thursday, November 2 the stock rating was maintained by RBC Capital Markets with “Hold”.

Since December 13, 2017, it had 1 insider buy, and 9 sales for $5.98 million activity. Shares for $476,944 were sold by FIELD JOHN DOUGLAS. 33,000 shares valued at $9.85 million were bought by Musk Elon on Monday, May 7. Musk Kimbal had sold 4,065 shares worth $1.27 million on Tuesday, January 2.

Eulav Asset Management, which manages about $2.35 billion and $2.12B US Long portfolio, decreased its stake in Alibaba Group Hldg Ltd (NYSE:BABA) by 3,000 shares to 98,000 shares, valued at $16.90 million in 2017Q4, according to the filing. It also reduced its holding in Verint Sys Inc (NASDAQ:VRNT) by 11,000 shares in the quarter, leaving it with 16,500 shares, and cut its stake in Zendesk Inc (NYSE:ZEN).

Investors sentiment decreased to 1.05 in Q4 2017. Its down 0.25, from 1.3 in 2017Q3. It worsened, as 105 investors sold TSLA shares while 156 reduced holdings. 69 funds opened positions while 206 raised stakes. 96.06 million shares or 3.01% more from 93.25 million shares in 2017Q3 were reported. 29,455 were reported by Ameriprise Financial Inc. Amundi Pioneer Asset Mngmt Inc holds 27,687 shares or 0.01% of its portfolio. Cornerstone Advsr Inc invested 0.08% in Tesla, Inc. (NASDAQ:TSLA). Green Square Ltd Company invested in 0.04% or 753 shares. One Trading Lp owns 7,685 shares for 0.02% of their portfolio. Management Pro invested in 0.03% or 246 shares. Essex Financial stated it has 0.26% in Tesla, Inc. (NASDAQ:TSLA). Primecap Ca has invested 0.26% in Tesla, Inc. (NASDAQ:TSLA). State Of Wisconsin Invest Board holds 0.1% or 115,208 shares in its portfolio. Girard Prtnrs Limited holds 0.09% of its portfolio in Tesla, Inc. (NASDAQ:TSLA) for 1,505 shares. The Pennsylvania-based Veritable LP has invested 0.01% in Tesla, Inc. (NASDAQ:TSLA). Alliancebernstein Ltd Partnership holds 87,014 shares or 0.02% of its portfolio. Sg Americas Secs Ltd Liability Com reported 7,532 shares stake. The New York-based Jane Street Group Ltd Liability Corp has invested 0.01% in Tesla, Inc. (NASDAQ:TSLA). Ashfield Capital Prtnrs Ltd Co stated it has 0.11% in Tesla, Inc. (NASDAQ:TSLA).

More notable recent Tesla, Inc. (NASDAQ:TSLA) news were published by: Seekingalpha.com which released: “Stocks To Watch: Powerhouse CEOs In The Limelight” on May 26, 2018, also Seekingalpha.com with their article: “Tesla: Longs Vs. Shorts” published on May 25, 2018, 247Wallst.com published: “6 Most Important Things in Business Today” on May 23, 2018. More interesting news about Tesla, Inc. (NASDAQ:TSLA) were released by: Seekingalpha.com and their article: “Model 3 on the leaderboard in California” published on May 23, 2018 as well as Livetradingnews.com‘s news article titled: “Tesla, Inc. (NASDAQ:TSLA) Bullish Divergence” with publication date: May 23, 2018.

Investors sentiment increased to 1.17 in Q4 2017. Its up 0.17, from 1 in 2017Q3. It improved, as 23 investors sold L shares while 140 reduced holdings. 51 funds opened positions while 140 raised stakes. 198.15 million shares or 1.07% more from 196.05 million shares in 2017Q3 were reported. Gam Ag reported 16,229 shares. 51,642 are held by Pub Employees Retirement Association Of Colorado. 180,675 are held by Greenwood Gearhart. Tdam Usa holds 0.02% or 6,256 shares in its portfolio. Comerica Natl Bank reported 107,027 shares. Wallace Capital Management has 2.82% invested in Loews Corporation (NYSE:L) for 369,903 shares. Kentucky Retirement holds 0.06% or 17,021 shares. Hutchin Hill LP holds 0.09% of its portfolio in Loews Corporation (NYSE:L) for 6,600 shares. Caisse De Depot Et Placement Du Quebec has invested 0.01% in Loews Corporation (NYSE:L). Teacher Retirement Systems Of Texas reported 0.09% of its portfolio in Loews Corporation (NYSE:L). Reilly Advsrs Lc has invested 0% in Loews Corporation (NYSE:L). Canada Pension Plan Investment Board holds 0.05% of its portfolio in Loews Corporation (NYSE:L) for 575,022 shares. Regentatlantic Capital Limited Com stated it has 0.03% of its portfolio in Loews Corporation (NYSE:L). Richard Bernstein holds 126,457 shares. Lee Danner & Bass Incorporated reported 1.92% in Loews Corporation (NYSE:L).

More recent Loews Corporation (NYSE:L) news were published by: Seekingalpha.com which released: “Loews Corporation 2018 Q1 – Results – Earnings Call Slides” on May 01, 2018. Also Streetinsider.com published the news titled: “Bandera Partners Issues Public Letter to Board of Loews (L) Regarding Boardwalk Pipeline Partners (BWP …” on May 21, 2018. Seekingalpha.com‘s news article titled: “Loews Corp’s (L) CEO James Tisch on Q1 2018 Results – Earnings Call Transcript” with publication date: April 30, 2018 was also an interesting one.

Since February 11, 2018, it had 0 insider purchases, and 8 insider sales for $1.48 million activity. HARRIS WALTER L sold $13,541 worth of stock or 274 shares. 7,800 shares were sold by TISCH JONATHAN M, worth $370,578. The insider DIKER CHARLES M sold $13,530. $313,536 worth of Loews Corporation (NYSE:L) shares were sold by SIEGEL KENNETH I. 274 Loews Corporation (NYSE:L) shares with value of $13,538 were sold by LASKAWY PHILIP A. 7,800 Loews Corporation (NYSE:L) shares with value of $370,500 were sold by TISCH JAMES S.

Analysts await Loews Corporation (NYSE:L) to report earnings on July, 30. They expect $0.80 EPS, up 5.26% or $0.04 from last year’s $0.76 per share. L’s profit will be $255.46 million for 15.54 P/E if the $0.80 EPS becomes a reality. After $0.89 actual EPS reported by Loews Corporation for the previous quarter, Wall Street now forecasts -10.11% negative EPS growth.

Roundview Capital Llc, which manages about $323.08 million and $387.18 million US Long portfolio, upped its stake in Exxon Mobil Corporation (NYSE:XOM) by 6,817 shares to 48,092 shares, valued at $4.02M in 2017Q4, according to the filing. It also increased its holding in Howard Hughes Corp (NYSE:HHC) by 13,275 shares in the quarter, for a total of 38,945 shares, and has risen its stake in Schwab Emerging Markets Equity (SCHE).

Loews Corporation (NYSE:L) Institutional Positions Chart

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