Stifel Financial Position in Tronox LTD (TROX) Decreased by $336,525 as Shares Rose; Axa Lifted Holding in Intercontinental Exchange In (ICE)

January 23, 2018 - By Kurt Siggers

Stifel Financial Corp decreased its stake in Tronox Ltd (TROX) by 20.71% based on its latest 2017Q3 regulatory filing with the SEC. Stifel Financial Corp sold 16,025 shares as the company’s stock rose 28.57% with the market. The institutional investor held 61,350 shares of the major chemicals company at the end of 2017Q3, valued at $1.29M, down from 77,375 at the end of the previous reported quarter. Stifel Financial Corp who had been investing in Tronox Ltd for a number of months, seems to be less bullish one the $2.62B market cap company. The stock increased 0.60% or $0.13 during the last trading session, reaching $21.94. About 544,686 shares traded. Tronox Limited (NYSE:TROX) has risen 311.09% since January 23, 2017 and is uptrending. It has outperformed by 294.39% the S&P500.

Axa increased its stake in Intercontinental Exchange In (ICE) by 6.8% based on its latest 2017Q3 regulatory filing with the SEC. Axa bought 16,304 shares as the company’s stock rose 1.58% with the market. The institutional investor held 255,959 shares of the investment bankers and brokers and service company at the end of 2017Q3, valued at $17.59 million, up from 239,655 at the end of the previous reported quarter. Axa who had been investing in Intercontinental Exchange In for a number of months, seems to be bullish on the $44.21 billion market cap company. The stock decreased 0.36% or $0.27 during the last trading session, reaching $75.56. About 357,951 shares traded. Intercontinental Exchange, Inc. (NYSE:ICE) has risen 13.80% since January 23, 2017 and is uptrending. It has underperformed by 2.90% the S&P500.

Stifel Financial Corp, which manages about $28.81B US Long portfolio, upped its stake in Devon Energy Corp New (NYSE:DVN) by 11,149 shares to 117,005 shares, valued at $4.30M in 2017Q3, according to the filing. It also increased its holding in Monster Beverage Corp New by 24,126 shares in the quarter, for a total of 238,934 shares, and has risen its stake in Akamai Technologies Inc (NASDAQ:AKAM).

Among 7 analysts covering Tronox (NYSE:TROX), 6 have Buy rating, 1 Sell and 0 Hold. Therefore 86% are positive. Tronox had 16 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Sell” rating by UBS given on Wednesday, April 6. The firm has “Buy” rating given on Tuesday, August 8 by Alembic. On Monday, June 26 the stock rating was maintained by Alembic with “Buy”. The stock of Tronox Limited (NYSE:TROX) has “Buy” rating given on Thursday, December 14 by Barclays Capital. The firm has “Buy” rating given on Monday, October 23 by Alembic. Alembic maintained Tronox Limited (NYSE:TROX) on Monday, June 5 with “Buy” rating. The stock has “Buy” rating by J.P. Morgan on Tuesday, October 24. UBS maintained the stock with “Sell” rating in Friday, October 13 report. The company was downgraded on Thursday, August 6 by B. Riley & Co. The firm has “Sell” rating given on Thursday, November 9 by UBS.

Analysts await Tronox Limited (NYSE:TROX) to report earnings on February, 20. They expect $0.04 earnings per share, up 128.57% or $0.18 from last year’s $-0.14 per share. TROX’s profit will be $4.78 million for 137.13 P/E if the $0.04 EPS becomes a reality. After $0.08 actual earnings per share reported by Tronox Limited for the previous quarter, Wall Street now forecasts -50.00% negative EPS growth.

Since September 1, 2017, it had 0 insider buys, and 2 insider sales for $357,004 activity. van Niekerk Willem Hendrik sold $253,104 worth of stock or 12,229 shares.

Investors sentiment increased to 1.14 in 2017 Q3. Its up 0.06, from 1.08 in 2017Q2. It is positive, as 19 investors sold TROX shares while 45 reduced holdings. 34 funds opened positions while 39 raised stakes. 62.74 million shares or 5.69% more from 59.37 million shares in 2017Q2 were reported. Luminus Management Limited Co reported 679,327 shares or 0.38% of all its holdings. New York-based Quantbot Technology Limited Partnership has invested 0.03% in Tronox Limited (NYSE:TROX). Thompson Davis Company accumulated 500 shares or 0.02% of the stock. Scoria Prns Ltd Partnership reported 0.47% stake. Oppenheimer Asset Mngmt invested in 0% or 4,989 shares. Rhumbline Advisers reported 79,343 shares. Price T Rowe Associates Incorporated Md has 31,883 shares. Blackrock stated it has 0% of its portfolio in Tronox Limited (NYSE:TROX). Kennedy Cap Mgmt reported 0.09% in Tronox Limited (NYSE:TROX). Acadian Asset Mgmt Ltd Llc invested in 316 shares or 0% of the stock. State Board Of Administration Of Florida Retirement System has 30,030 shares. Spark Investment Management Limited Liability Com holds 45,700 shares. Invesco Ltd holds 159,989 shares or 0% of its portfolio. Northern Trust holds 0% of its portfolio in Tronox Limited (NYSE:TROX) for 779,779 shares. Magnetar Fincl Ltd owns 47,529 shares for 0.02% of their portfolio.

Investors sentiment decreased to 1.05 in 2017 Q3. Its down 0.02, from 1.07 in 2017Q2. It worsened, as 32 investors sold ICE shares while 233 reduced holdings. 82 funds opened positions while 197 raised stakes. 501.06 million shares or 0.97% less from 505.99 million shares in 2017Q2 were reported. Lloyds Bk Gru Plc reported 3,194 shares. Brinker has invested 0.17% in Intercontinental Exchange, Inc. (NYSE:ICE). Fiera Cap has 19,332 shares. Hills Financial Bank & owns 68,912 shares. Fred Alger Inc invested 1.26% of its portfolio in Intercontinental Exchange, Inc. (NYSE:ICE). Moreover, Smith Asset Limited Partnership has 0% invested in Intercontinental Exchange, Inc. (NYSE:ICE) for 140 shares. Counselors Incorporated holds 41,641 shares. Price T Rowe Associate Incorporated Md holds 0.48% of its portfolio in Intercontinental Exchange, Inc. (NYSE:ICE) for 41.12M shares. Klingenstein Fields And Ltd Liability Corp invested in 19,675 shares or 0.05% of the stock. Capital, California-based fund reported 8.72 million shares. 15,087 were reported by Ls Invest Advisors Limited Liability Corp. Williams Jones And Associates Limited Com owns 39,060 shares. Mufg Americas Corp holds 123,728 shares. Massachusetts Fin Service Ma invested in 4.16M shares. Moreover, Stralem And Incorporated has 3.33% invested in Intercontinental Exchange, Inc. (NYSE:ICE).

Among 16 analysts covering Intercontinental Exchange (NYSE:ICE), 12 have Buy rating, 0 Sell and 4 Hold. Therefore 75% are positive. Intercontinental Exchange had 61 analyst reports since August 6, 2015 according to SRatingsIntel. The company was initiated on Friday, May 20 by Sterne Agee CRT. The firm has “Buy” rating by Jefferies given on Tuesday, April 11. The stock of Intercontinental Exchange, Inc. (NYSE:ICE) has “Neutral” rating given on Thursday, October 19 by Citigroup. The stock of Intercontinental Exchange, Inc. (NYSE:ICE) earned “Outperform” rating by Wood on Friday, April 8. Wood maintained Intercontinental Exchange, Inc. (NYSE:ICE) on Thursday, April 13 with “Buy” rating. As per Thursday, August 4, the company rating was maintained by Barclays Capital. As per Thursday, July 13, the company rating was upgraded by RBC Capital Markets. The stock of Intercontinental Exchange, Inc. (NYSE:ICE) earned “Hold” rating by Argus Research on Monday, November 2. The company was maintained on Friday, May 6 by Goldman Sachs. The firm has “Neutral” rating given on Wednesday, June 1 by JP Morgan.

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