Tt International Upped Its Ternium Sa (TX) Holding; Garmin LTD Has 1.08 Sentiment

May 20, 2018 - By Jonathan Benavides

Garmin Ltd. (NASDAQ:GRMN) Logo

Tt International increased Ternium Sa (TX) stake by 66.03% reported in 2017Q4 SEC filing. Tt International acquired 454,818 shares as Ternium Sa (TX)’s stock rose 1.53%. The Tt International holds 1.14M shares with $36.13M value, up from 688,762 last quarter. Ternium Sa now has $7.82B valuation. The stock decreased 2.45% or $1 during the last trading session, reaching $39.81. About 256,421 shares traded. Ternium S.A. (NYSE:TX) has risen 22.18% since May 20, 2017 and is uptrending. It has outperformed by 10.63% the S&P500.

Garmin LTD (GRMN) investors sentiment decreased to 1.08 in 2017 Q4. It’s down -0.29, from 1.37 in 2017Q3. The ratio dropped, as 164 investment professionals increased and opened new holdings, while 152 reduced and sold positions in Garmin LTD. The investment professionals in our database reported: 72.31 million shares, down from 74.22 million shares in 2017Q3. Also, the number of investment professionals holding Garmin LTD in top ten holdings increased from 0 to 1 for an increase of 1. Sold All: 31 Reduced: 121 Increased: 106 New Position: 58.

The stock increased 0.03% or $0.02 during the last trading session, reaching $59.76. About 433,601 shares traded. Garmin Ltd. (GRMN) has risen 14.52% since May 20, 2017 and is uptrending. It has outperformed by 2.97% the S&P500.

More notable recent Garmin Ltd. (NASDAQ:GRMN) news were published by: Investorplace.com which released: “Earnings Show Another ‘Working Smart’ Win for Garmin Ltd.” on May 02, 2018, also Bizjournals.com with their article: “Increased pace pushes Garmin co-founder’s stock sales over $120M” published on May 14, 2018, Investorplace.com published: “3 Wearable Stocks to Buy That Aren’t Apple Stock” on May 17, 2018. More interesting news about Garmin Ltd. (NASDAQ:GRMN) were released by: Investorplace.com and their article: “20 High-Dividend Stocks With Too Much Cash to Count” published on May 18, 2018 as well as Fool.com‘s news article titled: “Garmin Finds Its Way With Solid First-Quarter Results” with publication date: May 11, 2018.

Ratings analysis reveals 0 of Garmin’s analysts are positive. Out of 2 Wall Street analysts rating Garmin, 0 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. GRMN was included in 2 notes of analysts from August 22, 2016. On Wednesday, August 24 the stock rating was downgraded by Goldman Sachs to “Sell”. Raymond James downgraded Garmin Ltd. (NASDAQ:GRMN) on Monday, August 22 to “Mkt Perform” rating.

Sensato Investors Llc holds 2.75% of its portfolio in Garmin Ltd. for 368,399 shares. Valicenti Advisory Services Inc owns 66,724 shares or 1.98% of their US portfolio. Moreover, Disciplined Growth Investors Inc Mn has 1.91% invested in the company for 1.62 million shares. The Massachusetts-based Contravisory Investment Management Inc. has invested 1.89% in the stock. Diversified Investment Strategies Llc, a Louisiana-based fund reported 33,919 shares.

Since January 1, 0001, it had 0 buys, and 15 insider sales for $156.36 million activity.

Analysts await Garmin Ltd. (NASDAQ:GRMN) to report earnings on August, 1. They expect $0.87 EPS, down 1.14% or $0.01 from last year’s $0.88 per share. GRMN’s profit will be $164.01M for 17.17 P/E if the $0.87 EPS becomes a reality. After $0.68 actual EPS reported by Garmin Ltd. for the previous quarter, Wall Street now forecasts 27.94% EPS growth.

Garmin Ltd., together with its subsidiaries, designs, develops, makes, markets, and distributes a range of navigation, communication, and information devices worldwide. The company has market cap of $11.27 billion. It operates through five divisions: Auto, Aviation, Marine, Outdoor, and Fitness. It has a 16.24 P/E ratio. The Auto segment offers personal navigation devices; infotainment solutions; and action cameras, as well as mobile applications under the Garmin and NAVIGON names.

Among 7 analysts covering Ternium (NYSE:TX), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Ternium had 15 analyst reports since August 10, 2015 according to SRatingsIntel. As per Friday, May 13, the company rating was initiated by HSBC. Morgan Stanley downgraded Ternium S.A. (NYSE:TX) rating on Monday, May 9. Morgan Stanley has “Equal-Weight” rating and $20 target. As per Monday, December 7, the company rating was upgraded by Morgan Stanley. The firm earned “Buy” rating on Thursday, April 19 by Scotia Capital. Goldman Sachs initiated it with “Buy” rating and $18.50 target in Monday, August 10 report. The stock of Ternium S.A. (NYSE:TX) earned “Overweight” rating by Morgan Stanley on Wednesday, December 6. Scotia Capital maintained the shares of TX in report on Thursday, February 8 with “Buy” rating. As per Wednesday, February 24, the company rating was upgraded by Citigroup. The rating was upgraded by Credit Suisse on Tuesday, May 15 to “Outperform”. The stock of Ternium S.A. (NYSE:TX) earned “Hold” rating by HSBC on Wednesday, November 9.

Garmin Ltd. (NASDAQ:GRMN) Ratings Chart

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