Tensile Capital Management Raised Transocean LTD (RIG) Holding by $4.53 Million; Market Valuation Declined; General Mls (GIS) Position Boosted by Provise Management Group Llc

February 19, 2018 - By Vivian Park

Douglas Dossey increased its stake in Transocean Ltd (RIG) by 58.48% based on its latest 2017Q3 regulatory filing with the SEC. Tensile Capital Management Llc bought 453,200 shares as the company’s stock declined 20.06% while stock markets rallied. The hedge fund run by Douglas Dossey held 1.23M shares of the oil & gas production company at the end of 2017Q3, valued at $13.22M, up from 775,000 at the end of the previous reported quarter. Tensile Capital Management Llc who had been investing in Transocean Ltd for a number of months, seems to be bullish on the $4.16B market cap company. The stock decreased 1.52% or $0.14 during the last trading session, reaching $9.09. About 15.65 million shares traded or 23.67% up from the average. Transocean Ltd. (NYSE:RIG) has risen 15.86% since February 19, 2017 and is uptrending. It has underperformed by 0.84% the S&P500.

Provise Management Group Llc increased its stake in General Mls Inc (GIS) by 51.35% based on its latest 2017Q3 regulatory filing with the SEC. Provise Management Group Llc bought 18,219 shares as the company’s stock declined 5.07% while stock markets rallied. The institutional investor held 53,700 shares of the consumer non-durables company at the end of 2017Q3, valued at $2.78M, up from 35,481 at the end of the previous reported quarter. Provise Management Group Llc who had been investing in General Mls Inc for a number of months, seems to be bullish on the $32.11B market cap company. The stock decreased 0.81% or $0.46 during the last trading session, reaching $56.43. About 3.42M shares traded. General Mills, Inc. (NYSE:GIS) has declined 10.63% since February 19, 2017 and is downtrending. It has underperformed by 27.33% the S&P500.

Among 23 analysts covering General Mills Inc. (NYSE:GIS), 3 have Buy rating, 4 Sell and 16 Hold. Therefore 13% are positive. General Mills Inc. had 67 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of General Mills, Inc. (NYSE:GIS) has “Hold” rating given on Wednesday, September 6 by BMO Capital Markets. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, March 24 report. The firm has “Sell” rating by Goldman Sachs given on Tuesday, May 24. Argus Research maintained the shares of GIS in report on Thursday, March 23 with “Hold” rating. The stock of General Mills, Inc. (NYSE:GIS) has “Hold” rating given on Wednesday, November 8 by Societe Generale. RBC Capital Markets maintained General Mills, Inc. (NYSE:GIS) on Wednesday, August 2 with “Hold” rating. Stifel Nicolaus maintained it with “Hold” rating and $55.0 target in Monday, September 18 report. The firm has “Underperform” rating by Consumer Edge given on Tuesday, September 20. On Wednesday, February 24 the stock rating was initiated by UBS with “Neutral”. The rating was maintained by JP Morgan on Thursday, March 24 with “Neutral”.

Provise Management Group Llc, which manages about $1.14B and $689.10M US Long portfolio, decreased its stake in Vanguard Specialized Portfol (VIG) by 5,460 shares to 289,938 shares, valued at $27.48 million in 2017Q3, according to the filing. It also reduced its holding in Philip Morris Intl Inc (NYSE:PM) by 5,986 shares in the quarter, leaving it with 29,320 shares, and cut its stake in Blackrock Cr Allctn Inc Tr (BTZ).

Since January 9, 2018, it had 0 insider purchases, and 1 insider sale for $517,458 activity.

Investors sentiment decreased to 0.84 in 2017 Q3. Its down 0.16, from 1 in 2017Q2. It dived, as 81 investors sold GIS shares while 366 reduced holdings. 62 funds opened positions while 314 raised stakes. 401.33 million shares or 2.97% more from 389.74 million shares in 2017Q2 were reported. 4,916 were accumulated by Osborne Prtn Capital. 10,600 were reported by Marietta Investment Prns Ltd Liability. Finemark Bankshares And Trust accumulated 38,421 shares or 0.13% of the stock. Gulf State Bank (Uk) Ltd invested in 183,185 shares or 0.13% of the stock. Confluence Wealth Management Limited holds 0.11% or 4,515 shares in its portfolio. Crawford Inv Counsel reported 302,209 shares. The -based Farr Miller & Washington Ltd Co Dc has invested 0.03% in General Mills, Inc. (NYSE:GIS). Glynn Capital Management Ltd holds 0.35% or 26,672 shares. North Star Invest Management Corporation holds 21,612 shares or 0.14% of its portfolio. Bessemer Grp reported 0% stake. Putnam Invests Limited Liability Corp holds 0% of its portfolio in General Mills, Inc. (NYSE:GIS) for 9,502 shares. Michigan-based Monroe Financial Bank And Trust Mi has invested 0.29% in General Mills, Inc. (NYSE:GIS). Alphamark Advisors Limited Liability Corp has 4 shares for 0% of their portfolio. 355 were reported by Arcadia Invest Mngmt Corp Mi. Department Mb Financial Bank N A holds 2,108 shares.

Investors sentiment decreased to 0.95 in 2017 Q3. Its down 0.30, from 1.25 in 2017Q2. It fall, as 66 investors sold RIG shares while 107 reduced holdings. 54 funds opened positions while 110 raised stakes. 280.42 million shares or 7.79% more from 260.14 million shares in 2017Q2 were reported. Oz Management Ltd Partnership holds 0.02% of its portfolio in Transocean Ltd. (NYSE:RIG) for 407,330 shares. Chicago Equity Ptnrs Ltd invested in 0.06% or 172,940 shares. Moreover, Bluemountain Management Ltd Liability has 0.03% invested in Transocean Ltd. (NYSE:RIG). Brown Brothers Harriman Co holds 0% in Transocean Ltd. (NYSE:RIG) or 2,000 shares. Panagora Asset Management invested in 0.01% or 126,293 shares. 57,065 are owned by Commonwealth Of Pennsylvania Public School Empls Retrmt Sys. 3 were reported by Seabridge Invest. Howe Rusling stated it has 0% of its portfolio in Transocean Ltd. (NYSE:RIG). Glenmede Tru Com Na owns 28,000 shares for 0% of their portfolio. Tradewinds Management Ltd Llc invested 0% of its portfolio in Transocean Ltd. (NYSE:RIG). Dimensional Fund Lp owns 12.73 million shares for 0.06% of their portfolio. Odey Asset Mngmt Gru Ltd stated it has 2.87M shares. D E Shaw & Communication invested 0% of its portfolio in Transocean Ltd. (NYSE:RIG). Envestnet Asset Management Incorporated, a Illinois-based fund reported 3,031 shares. Jpmorgan Chase And has 0% invested in Transocean Ltd. (NYSE:RIG).

Tensile Capital Management Llc, which manages about $504.77M and $525.56M US Long portfolio, decreased its stake in Expeditors Intl Wash Inc (NASDAQ:EXPD) by 30,000 shares to 626,015 shares, valued at $37.47M in 2017Q3, according to the filing. It also reduced its holding in Cornerstone Ondemand Inc (NASDAQ:CSOD) by 162,254 shares in the quarter, leaving it with 1.53M shares, and cut its stake in Ptc Inc (NASDAQ:PTC).

Among 40 analysts covering Transocean Ltd (NYSE:RIG), 15 have Buy rating, 10 Sell and 15 Hold. Therefore 38% are positive. Transocean Ltd had 105 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Transocean Ltd. (NYSE:RIG) has “Neutral” rating given on Friday, May 13 by Seaport Global. The rating was upgraded by RBC Capital Markets to “Sector Perform” on Friday, August 25. The company was upgraded on Wednesday, August 9 by Goldman Sachs. On Wednesday, September 14 the stock rating was initiated by Howard Weil with “Sector Perform”. The stock has “Underperform” rating by RBC Capital Markets on Friday, December 16. The firm has “Neutral” rating given on Thursday, August 25 by Citigroup. On Thursday, October 19 the stock rating was initiated by HSBC with “Hold”. Cowen & Co maintained Transocean Ltd. (NYSE:RIG) rating on Tuesday, September 5. Cowen & Co has “Hold” rating and $8.0 target. The stock has “Hold” rating by Tudor Pickering on Friday, March 24. The stock of Transocean Ltd. (NYSE:RIG) earned “Market Perform” rating by Wells Fargo on Monday, July 18.

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