Aberdeen Asset Management Plc Lowered By $1.64 Million Its Borgwarner (BWA) Holding; Marathon Oil (MRO) Shorts Up By 3.39%

November 15, 2017 - By Stephen Andrade

Aberdeen Asset Management Plc decreased Borgwarner Inc (BWA) stake by 5.01% reported in 2017Q2 SEC filing. Aberdeen Asset Management Plc sold 39,018 shares as Borgwarner Inc (BWA)’s stock declined 4.67%.

The Aberdeen Asset Management Plc holds 739,289 shares with $31.32 million value, down from 778,307 last quarter. Borgwarner Inc now has $10.98 billion valuation. It closed at $52.07 lastly. It is down 25.00% since November 15, 2016 and is uptrending. It has outperformed by 8.30% the S&P500.

Marathon Oil Corporation (NYSE:MRO) had an increase of 3.39% in short interest. MRO’s SI was 35.36M shares in November as released by FINRA. Its up 3.39% from 34.20M shares previously. With 10.85M avg volume, 3 days are for Marathon Oil Corporation (NYSE:MRO)’s short sellers to cover MRO’s short positions. The SI to Marathon Oil Corporation’s float is 4.18%. About 31,062 shares traded. Marathon Oil Corporation (NYSE:MRO) has risen 14.05% since November 15, 2016 and is uptrending. It has underperformed by 2.65% the S&P500.

Analysts await BorgWarner Inc. (NYSE:BWA) to report earnings on February, 8. They expect $1.01 earnings per share, up 18.82% or $0.16 from last year’s $0.85 per share. BWA’s profit will be $212.98M for 12.89 P/E if the $1.01 EPS becomes a reality. After $0.95 actual earnings per share reported by BorgWarner Inc. for the previous quarter, Wall Street now forecasts 6.32% EPS growth.

Since June 13, 2017, it had 0 insider purchases, and 1 insider sale for $44,060 activity. On Tuesday, June 13 Cuneo Dennis C sold $44,060 worth of BorgWarner Inc. (NYSE:BWA) or 1,000 shares.

Among 22 analysts covering Borgwarner Inc. (NYSE:BWA), 5 have Buy rating, 4 Sell and 13 Hold. Therefore 23% are positive. Borgwarner Inc. has $65 highest and $33 lowest target. $52.82’s average target is 1.44% above currents $52.07 stock price. Borgwarner Inc. had 65 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was downgraded by Evercore on Wednesday, January 4 to “Hold”. The stock of BorgWarner Inc. (NYSE:BWA) earned “Hold” rating by Deutsche Bank on Friday, July 31. The firm has “Hold” rating given on Tuesday, July 11 by RBC Capital Markets. Robert W. Baird maintained the stock with “Buy” rating in Wednesday, August 30 report. On Friday, July 28 the stock rating was maintained by BMO Capital Markets with “Outperform”. Robert W. Baird upgraded BorgWarner Inc. (NYSE:BWA) rating on Wednesday, January 27. Robert W. Baird has “Outperform” rating and $39 target. The company was downgraded on Monday, December 19 by Wells Fargo. The company was upgraded on Tuesday, August 18 by UBS. The firm has “Equal Weight” rating by Barclays Capital given on Friday, February 10. The stock of BorgWarner Inc. (NYSE:BWA) has “Buy” rating given on Thursday, September 28 by Jefferies.

Investors sentiment decreased to 0.89 in Q2 2017. Its down 0.16, from 1.05 in 2017Q1. It dropped, as 52 investors sold BWA shares while 163 reduced holdings. 51 funds opened positions while 141 raised stakes. 187.99 million shares or 1.20% less from 190.27 million shares in 2017Q1 were reported. Highland Mngmt Ltd holds 0.03% or 8,812 shares. Guyasuta Invest Inc holds 0.04% in BorgWarner Inc. (NYSE:BWA) or 8,000 shares. Boston Family Office Llc has 0.03% invested in BorgWarner Inc. (NYSE:BWA) for 5,900 shares. Bluemountain Lc invested in 0.02% or 28,080 shares. Regions Fin Corp holds 0.01% or 14,614 shares. Hsbc Public Ltd Company stated it has 0.01% of its portfolio in BorgWarner Inc. (NYSE:BWA). Creative Planning reported 0% in BorgWarner Inc. (NYSE:BWA). Chilton Cap Management Ltd Llc holds 0.63% or 134,900 shares. Cornerstone Advisors invested in 1,215 shares or 0.03% of the stock. Verition Fund Management Lc invested in 27,684 shares or 0.11% of the stock. Toronto Dominion Commercial Bank has invested 0.01% in BorgWarner Inc. (NYSE:BWA). Delaware-based Westover Advsr Limited Liability Company has invested 0.35% in BorgWarner Inc. (NYSE:BWA). Laurion Mngmt Lp reported 13,558 shares stake. Raymond James Associates reported 345,176 shares. 14,122 were reported by Ahl Prns Llp.

Aberdeen Asset Management Plc increased Adient Plc stake by 14,537 shares to 29,985 valued at $1.96 million in 2017Q2. It also upped Ppg Inds Inc (NYSE:PPG) stake by 4,979 shares and now owns 92,898 shares. Allergan Plc was raised too.

Among 32 analysts covering Marathon Oil Corporation (NYSE:MRO), 11 have Buy rating, 2 Sell and 19 Hold. Therefore 34% are positive. Marathon Oil Corporation had 91 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Friday, February 19 by RBC Capital Markets. As per Tuesday, August 30, the company rating was downgraded by Seaport Global. On Friday, March 24 the stock rating was maintained by KLR Group with “Buy”. As per Tuesday, May 31, the company rating was upgraded by Simmons & Co. Barclays Capital maintained it with “Overweight” rating and $18 target in Thursday, September 1 report. The firm has “Equal-Weight” rating by Barclays Capital given on Wednesday, October 11. Jefferies maintained it with “Hold” rating and $12.0 target in Friday, October 6 report. As per Friday, September 9, the company rating was downgraded by Societe Generale. As per Tuesday, October 10, the company rating was maintained by RBC Capital Markets. On Friday, August 4 the stock rating was maintained by Barclays Capital with “Equal-Weight”.

Marathon Oil Corporation is an exploration and production company. The company has market cap of $12.61 billion. The Firm operates through three divisions: North America E&P, International E&P and Oil Sands Mining. It currently has negative earnings. The North America E&P segment explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in North America.


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