Alterra Power Corp. (AXY) EPS Estimated At $-0.02; Madison Investment Holdings Trimmed By $15.95 Million Its National Oilwell Varco (NOV) Position

February 15, 2018 - By Ellis Scott

Analysts expect Alterra Power Corp. (TSE:AXY) to report $-0.02 EPS on March, 21.They anticipate $0.38 EPS change or 95.00% from last quarter’s $-0.4 EPS. After having $0.51 EPS previously, Alterra Power Corp.’s analysts see -103.92% EPS growth. The stock decreased 2.64% or $0.21 during the last trading session, reaching $7.74. About 44,526 shares traded. Alterra Power Corp. (TSE:AXY) has 0.00% since February 15, 2017 and is . It has underperformed by 16.70% the S&P500.

Madison Investment Holdings Inc decreased National Oilwell Varco Inc (NOV) stake by 76.99% reported in 2017Q3 SEC filing. Madison Investment Holdings Inc sold 455,645 shares as National Oilwell Varco Inc (NOV)’s stock declined 11.45%. The Madison Investment Holdings Inc holds 136,200 shares with $4.87M value, down from 591,845 last quarter. National Oilwell Varco Inc now has $13.25 billion valuation. The stock decreased 0.80% or $0.28 during the last trading session, reaching $34.86. About 209,860 shares traded. National Oilwell Varco, Inc. (NYSE:NOV) has risen 11.97% since February 15, 2017 and is uptrending. It has underperformed by 4.73% the S&P500.

Among 34 analysts covering National Oilwell Varco (NYSE:NOV), 10 have Buy rating, 5 Sell and 19 Hold. Therefore 29% are positive. National Oilwell Varco had 119 analyst reports since July 31, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Hold” rating in Thursday, January 4 report. Cowen & Co maintained it with “Hold” rating and $33.0 target in Thursday, January 11 report. The rating was upgraded by PiperJaffray on Tuesday, June 20 to “Overweight”. BMO Capital Markets maintained the shares of NOV in report on Monday, January 15 with “Sell” rating. The firm has “Sell” rating by Societe Generale given on Wednesday, May 4. The stock of National Oilwell Varco, Inc. (NYSE:NOV) has “Buy” rating given on Tuesday, February 6 by Piper Jaffray. FBR Capital maintained National Oilwell Varco, Inc. (NYSE:NOV) on Thursday, July 30 with “Outperform” rating. The firm has “Neutral” rating given on Wednesday, March 9 by Susquehanna. Societe Generale upgraded the stock to “Hold” rating in Monday, October 31 report. Jefferies maintained National Oilwell Varco, Inc. (NYSE:NOV) rating on Tuesday, July 4. Jefferies has “Hold” rating and $3800 target.

Investors sentiment increased to 0.85 in Q3 2017. Its up 0.18, from 0.67 in 2017Q2. It increased, as 53 investors sold NOV shares while 189 reduced holdings. 49 funds opened positions while 157 raised stakes. 348.73 million shares or 2.54% more from 340.10 million shares in 2017Q2 were reported. United Asset Strategies holds 0.23% or 11,515 shares. California Pub Employees Retirement Systems accumulated 1.21M shares. Guardian Life Insurance Of America stated it has 0% in National Oilwell Varco, Inc. (NYSE:NOV). Hap Trading Ltd stated it has 22,545 shares or 0.04% of all its holdings. Moreover, First Eagle Invest Management Limited Liability Company has 2.16% invested in National Oilwell Varco, Inc. (NYSE:NOV) for 27.07 million shares. Gofen And Glossberg Ltd Il holds 0.06% or 41,568 shares in its portfolio. Gulf Interest National Bank (Uk) Limited, United Kingdom-based fund reported 120,254 shares. Chevy Chase Trust owns 0.08% invested in National Oilwell Varco, Inc. (NYSE:NOV) for 481,830 shares. Becker Capital Mngmt Incorporated stated it has 1.1% of its portfolio in National Oilwell Varco, Inc. (NYSE:NOV). Cornerstone holds 0% in National Oilwell Varco, Inc. (NYSE:NOV) or 167 shares. Schwab Charles Invest Mngmt Inc holds 1.65 million shares or 0.05% of its portfolio. Contrarius Inv Mgmt has invested 6.49% in National Oilwell Varco, Inc. (NYSE:NOV). Texas-based Afam Inc has invested 0.62% in National Oilwell Varco, Inc. (NYSE:NOV). Hawkins LP owns 1.3% invested in National Oilwell Varco, Inc. (NYSE:NOV) for 87,700 shares. Ameritas Investment Partners owns 0.01% invested in National Oilwell Varco, Inc. (NYSE:NOV) for 8,626 shares.

Madison Investment Holdings Inc increased Schwab Fundamental Internation (FNDF) stake by 14,567 shares to 24,815 valued at $741,000 in 2017Q3. It also upped Ishares Core S&P Mid (IJH) stake by 29,495 shares and now owns 697,266 shares. Schwab Fundamental U.S. Large (FNDX) was raised too.

Among 5 analysts covering Alterra Power Corp (TSE:AXY), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Alterra Power Corp had 10 analyst reports since August 13, 2015 according to SRatingsIntel. As per Thursday, March 16, the company rating was maintained by RBC Capital Markets. The rating was maintained by Canaccord Genuity on Wednesday, January 25 with “Speculative Buy”. Raymond James maintained it with “Outperform” rating and $8 target in Friday, March 17 report.

Alterra Power Corp., together with its subsidiaries, owns, acquires, develops, and operates renewable power projects. The company has market cap of $451.30 million. The firm operates 8 power plants totaling 825 megawatts of capacity, including Jimmie Creek run-of-river hydro facility in British Columbia; Dokie 1 wind farm in north-east British Columbia; Shannon Wind Farm in Texas; East Toba and Montrose Creek run-of-river power plants in south-west British Columbia; Svartsengi and Reykjanes geothermal facilities in Iceland; and Kokomo solar facility in Indiana. It has a 21.26 P/E ratio. It also operates Boswell Springs wind project, a 320 MW portfolio of wind development projects in Albany County, Wyoming.

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