Big Money’s Pro-Tenneco Inc (NYSE:TEN) Sentiment In 2017 Q4, now at 0.95

May 3, 2018 - By Heather Owens

Tenneco Inc. (NYSE:TEN) Corporate Logo

Positions for Tenneco Inc (NYSE:TEN)

“Big money sentiment for Tenneco Inc (NYSE:TEN) in Q4 2017 decreased to 0.95, SEC filings reveal. So its down -0.04, from 2017Q3’s 0.99. 111 investment managers started new and increased equity positions, while 117 reduced and sold holdings in Tenneco Inc so the sentiment worsened. Funds own 46.48 million shares, down from 47.82 million shares in 2017Q3. Funds holding Tenneco Inc in top 10 changed to 3 from 5 for a decrease of 2. In total 24 funds closed positions, 93 reduced and 85 increased. Also 26 funds bought new Tenneco Inc stakes.

Largest Tenneco Inc Shareholders

As of Q4 2017 Moon Capital Management Lp has 2.59% invested in Tenneco Inc. Tenneco Inc’s shareholder New Amsterdam Partners Llc Ny owns 183,463 shares as of Q4 2017. Hillcrest Asset Management Llc reported 166,610 shares. The New York-based fund Lyrical Asset Management Lp have invested about 1.74% of the investment manager’s stock portfolio in Tenneco Inc. The Tennessee-based fund Southernsun Asset Management Llc looks positive on Tenneco Inc, having 1.07 million shares.

Tenneco Inc. designs, manufactures, and distributes clean air and ride performance products and systems for light vehicle, commercial truck, off-highway, and other vehicle applications worldwide.The firm is valued at $2.25 billion. The firm offers various vehicle emission control products and systems, including catalytic converters and diesel oxidation catalysts, diesel particulate filters, burner systems, lean nitrogen oxide traps, hydrocarbon vaporizers and injectors, selective catalytic reduction (SCR)systems, SCR-coated diesel particulate filters (SDPF) systems, urea dosing systems, four-way catalysts, alternative NOx reduction technologies, mufflers and resonators, fabricated exhaust manifolds, pipes, hydroformed assemblies, elastomeric hangers and isolators, and after treatment control units.The P/E ratio is 11.21. It also provides ride performance products and systems, such as shock absorbers; struts; vibration control components; kinetic suspension technology systems, dual-mode suspension solutions, semi-active and active suspension systems, and kinetic H2/CVSA continuously variable semi active suspension systems; and other ride performance products comprising load assist products, springs, steering stabilizers, adjustable suspension systems, suspension kits, and modular assemblies.

Ticker’s shares touched $43.84 during the last trading session after 3.24% change.Tenneco Inc. has volume of 195,154 shares. Since May 3, 2017 TEN has declined 15.35% and is downtrending. The stock underperformed the S&P500 by 26.90%.

Tenneco Inc. (NYSE:TEN) is awaited to reveal earnings on May, 7., RTT reports. earnings per share of $1.67 is 9.15 % up from 2017’s $1.53 EPS. In case of $1.67 earnings per share TEN’s profit could reach $85.86 million. -11.64 % negative EPS growth is what analysts predict. $1.89 earnings per share was reported for previous quarter.

Employees Retirement Association Of Colorado holds 8,744 shs. Moreover, Alpine Woods Cap Investors Ltd Company has 0.06% invested in Tenneco Inc. (NYSE:TEN) for 22,000 shs. Fifth Third Financial Bank has 0% invested in Tenneco Inc. (NYSE:TEN). Teton Advsr has invested 0.2% in Tenneco Inc. (NYSE:TEN). Legal General Public Ltd Liability Co reported 67,404 shs. Sei Invests, a Pennsylvania-based fund reported 933 shs. American Gru reported 34,334 shs. Huntington Bancshares has 1,355 shs. Cornercap Investment Counsel reported 31,825 shs or 0.26% of all its holdings. Engines Advsrs Limited Liability Co stated it has 0.02% of its capital in Tenneco Inc. (NYSE:TEN). Federated Investors Pa has 163,916 shs for 0.03% of their capital. Boston Partners stated it has 1.23M shs or 0.08% of all its holdings. Whittier Company Of Nevada has 0.01% invested in Tenneco Inc. (NYSE:TEN). The California-based Franklin Resources has invested 0.02% in Tenneco Inc. (NYSE:TEN). Price T Rowe Associate Inc Md holds 0% of its capital in Tenneco Inc. (NYSE:TEN) for 478,432 shs.

Tenneco Inc. registered $320,629 net activity with 0 insider purchases and 1 sale since December 13, 2017.

Tenneco Inc. (NYSE:TEN) Ratings Coverage

A total of 6 analysts rate Tenneco Automotive (NYSE:TEN) as follows: 2 “Buy”, 4 “Hold” and 0 “Sell”. Тherefore 33% are bullish. (NYSE:TEN) has 8 ratings reports on 3 May 2018 according to StockzIntelligence. On Monday, February 12 the rating was maintained by Guggenheim with “Buy”. On Friday, April 13 the stock of Tenneco Inc. (NYSE:TEN) earned “Neutral” rating by Goldman Sachs. The stock rating was maintained by RBC Capital Markets with “Hold” on Tuesday, December 19. On Monday, February 12 Wells Fargo maintained Tenneco Inc. (NYSE:TEN) rating. Wells Fargo has “Market Perform” rating and $60 target. On Wednesday, April 11 the firm has “Hold” rating given by Deutsche Bank. The company rating was maintained by RBC Capital Markets on Wednesday, April 11. The stock rating was maintained by RBC Capital Markets with “Hold” on Friday, February 9.

Tenneco Inc. (NYSE:TEN) Institutional Investors Chart

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