Sankaty Advisors Llc decreased its stake in Travelport Worldwide Ltd (TVPT) by 99.18% based on its latest 2017Q3 regulatory filing with the SEC. Sankaty Advisors Llc sold 1.35M shares as the company’s stock declined 3.82% while stock markets rallied. The hedge fund held 11,228 shares of the transportation services company at the end of 2017Q3, valued at $176,000, down from 1.37 million at the end of the previous reported quarter. Sankaty Advisors Llc who had been investing in Travelport Worldwide Ltd for a number of months, seems to be less bullish one the $1.64 billion market cap company. The stock decreased 0.91% or $0.12 during the last trading session, reaching $13.07. About 649,371 shares traded. Travelport Worldwide Limited (NYSE:TVPT) has risen 5.67% since December 31, 2016 and is uptrending. It has underperformed by 11.03% the S&P500.
Paragon Capital Management Llc increased its stake in Tortoise Energy Infrastr (TYG) by 14.78% based on its latest 2017Q3 regulatory filing with the SEC. Paragon Capital Management Llc bought 38,227 shares as the company’s stock declined 3.88% while stock markets rallied. The institutional investor held 296,881 shares of the company at the end of 2017Q3, valued at $8.60 million, up from 258,654 at the end of the previous reported quarter. Paragon Capital Management Llc who had been investing in Tortoise Energy Infrastr for a number of months, seems to be bullish on the $1.43B market cap company. The stock increased 0.66% or $0.19 during the last trading session, reaching $29.08. About 406,685 shares traded or 23.94% up from the average. Tortoise Energy Infrastructure Corporation (NYSE:TYG) has risen 14.57% since December 31, 2016 and is uptrending. It has underperformed by 2.13% the S&P500.
Among 5 analysts covering Travelport Worldwide Limited (NYSE:TVPT), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Travelport Worldwide Limited had 7 analyst reports since December 22, 2015 according to SRatingsIntel. The stock of Travelport Worldwide Limited (NYSE:TVPT) earned “Equal-Weight” rating by Morgan Stanley on Monday, January 23. The rating was maintained by Cowen & Co with “Buy” on Wednesday, June 28. The stock of Travelport Worldwide Limited (NYSE:TVPT) earned “Buy” rating by Cowen & Co on Tuesday, October 31. The rating was maintained by Cowen & Co with “Buy” on Wednesday, August 2. The stock of Travelport Worldwide Limited (NYSE:TVPT) earned “Buy” rating by Sterne Agee CRT on Wednesday, April 13. On Tuesday, December 22 the stock rating was initiated by Suntrust Robinson with “Neutral”.
Analysts await Travelport Worldwide Limited (NYSE:TVPT) to report earnings on February, 20. They expect $0.01 earnings per share, down 93.33% or $0.14 from last year’s $0.15 per share. TVPT’s profit will be $1.25M for 326.75 P/E if the $0.01 EPS becomes a reality. After $0.04 actual earnings per share reported by Travelport Worldwide Limited for the previous quarter, Wall Street now forecasts -75.00% negative EPS growth.
Paragon Capital Management Llc, which manages about $100.95M and $298.05 million US Long portfolio, decreased its stake in Schlumberger Ltd F (NYSE:SLB) by 4,804 shares to 96,211 shares, valued at $6.71 million in 2017Q3, according to the filing. It also reduced its holding in Fedex Corporation (NYSE:FDX) by 2,405 shares in the quarter, leaving it with 57,321 shares, and cut its stake in Microsoft Corp (NASDAQ:MSFT).
The post Sankaty Advisors Lowered Stake in Travelport Worldwide LTD (TVPT) as Shares Declined; Tortoise Energy Infrastr (TYG) Holding Held by Paragon Capital Management Llc appeared first on Stock Market News | HillCountryTimes | Get it Today.
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