Dril-quip Inc (NYSE:DRQ) Stock Sentiment Increases to 1.11

June 29, 2018 - By Joshua Cleveland

“Big money” Positions

In 2018 Q1 Dril-quip Inc (NYSE:DRQ) big money sentiment increased to 1.11, SEC.gov filings reveal. That’s up 0.06, from 2017Q4’s 1.05. 98 active investment managers opened new and increased equity positions, while 88 cut down and sold their stakes in Dril-quip Inc so the sentiment improved. Funds own 44.09 million shares, up from 43.20 million shares in 2017Q4. Funds holding Dril-quip Inc in top 10 changed to 1 from 2 for a decrease of 1. In total 23 funds closed positions, 65 reduced and 72 increased. Also 26 funds bought new Dril-quip Inc stakes.

Biggest Dril-quip Inc Investors

Speece Thorson Capital Group Inc owns 337,490 shares in Dril-quip Inc as of 2018 Q1. Dril-quip Inc’s shareholder Birch Run Capital Advisors Lp owns 158,600 shares as of 2018 Q1. Moreover, Energy Opportunities Capital Management Llc reported 58,748 shares in Dril-quip Inc equivalent to 2.1% of its stock exposure. Dalton Greiner Hartman Maher & Co revealed 456,523 shares position in Dril-quip Inc. The California-based fund Kayne Anderson Rudnick Investment Management Llc holds 3.74 million shares or 1.25% of their stock exposure.

Dril-Quip, Inc., together with its subsidiaries, designs, makes, sells, and services offshore drilling and production equipment for use in deepwater, harsh environment, and severe service applications worldwide.The firm is worth $1.96 billion. It operates through three divisions: Western Hemisphere, Eastern Hemisphere, and Asia-Pacific.Last it reported negative earnings. The companyÂ’s principal products include subsea and surface wellheads, subsea and surface production trees, subsea control systems and manifolds, mudline hanger systems, specialty connectors and associated pipes, drilling and production riser systems, liner hangers, wellhead connectors, and diverters, as well as consumable downhole products.

Ticker’s shares touched $51.5 during the last trading session after 0.19% change.Dril-Quip, Inc. has volume of 72,554 shares. Since June 29, 2017 DRQ has declined 8.79% and is downtrending. The stock underperformed the S&P500 by 21.36%.

On July, 27. Investors wait Dril-Quip, Inc. (NYSE:DRQ) to publish its quarterly earnings, as reported by RTT. Analysts predict 188.89 % diference or $-0.08 from the $0.09 EPS from 2017. After $-0.24 EPS was revealed previous quarter, analysts now see EPS growth of -66.67 % for Dril-Quip, Inc..

California State Teachers Retirement Sys stated it has 0.01% in Dril-Quip, Inc. (NYSE:DRQ). Granite Investment Partners Lc invested in 0.07% or 22,625 shs. Fifth Third Bancorporation has 0% invested in Dril-Quip, Inc. (NYSE:DRQ). New Mexico Educational Retirement Board stated it has 0.02% in Dril-Quip, Inc. (NYSE:DRQ). Riverhead Cap Limited Liability holds 3,833 shs or 0.01% of its capital. Ameritas Prtn Inc holds 0.03% or 14,654 shs in its capital. Geode Cap Management Limited Liability Com has invested 0.01% in Dril-Quip, Inc. (NYSE:DRQ). Great West Life Assurance Can, Manitoba – Canada-based fund reported 21,746 shs. Ranger Invest Management Ltd Partnership holds 725 shs or 0% of its capital. West Virginia-based City has invested 0% in Dril-Quip, Inc. (NYSE:DRQ). Atlanta L L C holds 396,816 shs or 0.09% of its capital. Fmr Lc has invested 0.03% in Dril-Quip, Inc. (NYSE:DRQ). First Manhattan has invested 0% of its capital in Dril-Quip, Inc. (NYSE:DRQ). Dalton Greiner Hartman Maher holds 1.38% or 456,523 shs in its capital. Magnetar Fincl Lc reported 15,152 shs.

Dril-Quip, Inc. registered $307,840 net activity with 0 buys and 4 sales since April 2, 2018. Shares for $87,973 were sold by DeBerry Blake T. on Monday, April 2. Gariepy James A. had sold 2,000 shs worth $87,905. 2,000 Dril-Quip, Inc. (NYSE:DRQ) shs with value of $87,973 were sold by Webster James C..

Dril-Quip, Inc. (NYSE:DRQ) Ratings Coverage

In total 5 analysts cover Dril-Quip (NYSE:DRQ). “Buy” rating has 2, “Sell” are 0, while 3 are “Hold”. (NYSE:DRQ) has 40% bullish analysts. 8 are the (NYSE:DRQ)’s ratings reports on 29 Jun 2018 according to StockzIntelligence Inc. On Wednesday, February 28 the stock of Dril-Quip, Inc. (NYSE:DRQ) has “Equal-Weight” rating given by Barclays Capital. On Tuesday, May 1 the rating was maintained by B. Riley & Co with “Buy”. On Friday, February 23 the stock has “Buy” rating by FBR Capital. On Monday, April 30 the rating was maintained by Barclays Capital with “Equal-Weight”. On Thursday, January 11 Cowen & Co maintained Dril-Quip, Inc. (NYSE:DRQ) rating. Cowen & Co has “Hold” rating and $45.0 target. On Monday, March 26 the rating was maintained by FBR Capital with “Buy”. The company rating was maintained by Cowen & Co on Friday, April 13. The company rating was maintained by Piper Jaffray on Thursday, March 8.

There’s an important Dril-Quip, Inc. (NYSE:DRQ) news published by Globenewswire.com. It’s an item titled: “Report: Exploring Fundamental Drivers Behind Ferro, Royal Gold, Dril-Quip, Steven Madden, Stanley Black & Decker …” on June 28, 2018.

Dril-Quip, Inc. (NYSE:DRQ) Institutional Investors Chart

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