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Main » On April, 25 The EPS for Scorpio Tankers Inc. (STNG) Expected At $

On April, 25 The EPS for Scorpio Tankers Inc. (STNG) Expected At $

20 April 2018

California State Teachers Retirement System now owns 377,205 shares of the shipping company's stock worth $1,150,000 after purchasing an additional 33,062 shares during the period. The volume of the company in the last trading session was 2 Million. The stock decreased 1.26% or $0.03 during the last trading session, reaching $2.36. About 1.87 million shares traded. It has underperformed by 64.16% the S&P500.The move comes after 8 months positive chart setup for the $792.60 million company.

Ls Investment Advisors Llc increased Altria Group Inc (MO) stake by 17.2% reported in 2017Q4 SEC filing. Bourgeon Capital Management Llc bought 126,936 shares as the company's stock declined 1.20% with the market. About 16.67M shares traded or 102.50% up from the average. Anthem, Inc. (NYSE:ANTM) has risen 35.30% since April 19, 2017 and is uptrending. It has underperformed by 28.60% the S&P500.

Investors sentiment decreased to 0.8 in 2017 Q4. This represents a $0.04 annualized dividend and a yield of 1.70%. It is positive, as 57 investors sold VZ shares while 662 reduced holdings. 162 funds opened positions while 585 raised stakes. Basswood Cap Mngmt Lc owns 1.16M shares or 1.59% of their USA portfolio. Glg Partners Limited Partnership holds 0.08% or 22,919 shares. (NASDAQ:UCFC). California State Teachers Retirement Sys reported 77,236 shares. Hamel Associate Inc holds 1.31% or 52,224 shares. Signature Estate And Invest Lc has 702,633 shares. Fernwood Inv Management Limited Co holds 2.67% or 69,944 shares in its portfolio. Its book value per share for the most recent quarter is $5.93 while its price to book ratio for the same period is 0.4, as for as the company's cash per share for the most recent quarter is $0.58, however its price to cash per share ratio for the same period is 4.07. The Japan-based Daiwa Securities Group Inc. has invested 1.25% in the stock. Whalerock Point Prtnrs has 3,811 shares. Jefferies has "Buy" rating and $5.5 target. Hodges Cap Mngmt holds 0.02% or 4,033 shares in its portfolio. The lowest sales estimate is $148.89 million and the highest is $166.50 million. $346,957 worth of Verizon Communications Inc. Cogan John Francis sold 5,833 shares worth $434,384. (NYSE:STNG) earned "Buy" rating by Jefferies. Therefore 90% are positive. On Friday, October 27 Stifel Nicolaus maintained Scorpio Tankers Inc. Credit Suisse has "Outperform" rating and $4 target. The stock of Altria Group, Inc.

COPYRIGHT VIOLATION NOTICE: "Scorpio Tankers (NYSE:STNG) Upgraded to Hold at Zacks Investment Research" was originally posted by registrarjournal.com and is the property of of registrarjournal.com. The company was maintained on Friday, May 26 by Jefferies. The rating was upgraded by ABN Amro to "Hold" on Friday, July 1. The company has market cap of $8.37 billion. Bank of New York Mellon Corp now owns 16,105,736 shares of the shipping company's stock worth $49,123,000 after acquiring an additional 11,255,133 shares during the period.

Analysts await Scorpio Tankers Inc.

When we look at the Analyst Recommendations of the stock, the company has 1.06 rating given by Analysts where 1 stands for Strong Buy and 5 stands for Strong Sell. After $-0.14 actual earnings per share reported by Scorpio Tankers Inc. for the previous quarter, Wall Street now forecasts -50.00% EPS growth. Zacks Investment Research downgraded shares of Scorpio Tankers from a "hold" rating to a "sell" rating in a report on Wednesday, December 20th. The rating was maintained by Keefe Bruyette & Woods on Thursday, June 1 with "Buy". Jefferies maintained it with "Buy" rating and $600 target in Tuesday, May 30 report. (NYSE:VZ) was sold by Skiadas Anthony T on Tuesday, February 13. Stifel Nicolaus maintained it with "Buy" rating and $7.0 target in Friday, October 27 report. On Friday, November 17 the stock of Scorpio Tankers Inc.

Scorpio Tankers (NYSE:STNG) last posted its quarterly earnings results on Wednesday, February 14th. (NYSE:STNG) has "Buy" rating given by Jefferies. The firm earned "Buy" rating on Thursday, February 18 by Deutsche Bank. FBR Capital maintained Anthem, Inc. Finally, Clarkson Capital upgraded Scorpio Tankers from a "neutral" rating to a "buy" rating in a report on Wednesday, February 15th.

Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products worldwide. Cypress Asset Management Inc who had been investing in Verizon Communications Inc for a number of months, seems to be less bullish one the $200.64B market cap company. As of March 15, 2017, the Company's fleet consisted of 78 owned tankers (22 LR2, 14 Handymax and 42 MR) with a weighted average age of approximately 2.3 years, and 19 time or bareboat chartered-in tankers, which it operated (one LR2, one LR1, eight MR and nine Handymax) (collectively referred to as its Operating Fleet). It now has negative earnings.

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