Investors Title Company (ITIC) Trades at $187.48 After Triangle; Transocean LTD Has 1.29 Sentiment

Transocean Ltd. (NYSE:RIG) Logo

Investors Title Company (ITIC) formed triangle with $170.61 target or 9.00% below today’s $187.48 share price. Investors Title Company (ITIC) has $353.71M valuation. The stock decreased 0.39% or $0.73 during the last trading session, reaching $187.48. About 2,880 shares traded or 85.09% up from the average. Investors Title Company (NASDAQ:ITIC) has declined 1.99% since June 14, 2017 and is downtrending. It has underperformed by 14.56% the S&P500. Some Historical ITIC News: ; 09/05/2018 – Investors Title Short-Interest Ratio Rises 35% to 10 Days; 08/05/2018 – Investors Title 1Q Rev $33.8M; 19/04/2018 – DJ Investors Title Company, Inst Holders, 1Q 2018 (ITIC); 05/03/2018 Investors Title Company Declares Quarterly Dividend; 08/05/2018 – Investors Title 1Q EPS $2.20

Transocean LTD (RIG) investors sentiment increased to 1.29 in 2018 Q1. It’s up 0.25, from 1.04 in 2017Q4. The ratio is more positive, as 174 active investment managers increased or opened new holdings, while 135 cut down and sold their stock positions in Transocean LTD. The active investment managers in our database now possess: 296.24 million shares, up from 275.51 million shares in 2017Q4. Also, the number of active investment managers holding Transocean LTD in top ten holdings increased from 3 to 5 for an increase of 2. Sold All: 42 Reduced: 93 Increased: 123 New Position: 51.

Odey Asset Management Group Ltd holds 6.25% of its portfolio in Transocean Ltd. for 5.88 million shares. Contrarius Investment Management Ltd owns 12.57 million shares or 5.93% of their US portfolio. Moreover, Valueworks Llc has 4.74% invested in the company for 627,375 shares. The Illinois-based Sheffield Asset Management L.L.C. has invested 3.36% in the stock. F&V Capital Management Llc, a New York-based fund reported 517,485 shares.

Ratings analysis reveals 33% of Transocean’s analysts are positive. Out of 9 Wall Street analysts rating Transocean, 3 give it “Buy”, 1 “Sell” rating, while 5 recommend “Hold”. The lowest target is $14.0 while the high is $21.0. The stock’s average target of $17.33 is 40.32% above today’s ($12.35) share price. RIG was included in 9 notes of analysts from August 25, 2016. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, October 26. The firm has “Outperform” rating by Bernstein given on Friday, December 2. CapitalOne upgraded Transocean Ltd. (NYSE:RIG) on Tuesday, December 13 to “Equal Weight” rating. As per Tuesday, October 4, the company rating was upgraded by Howard Weil. The firm has “Neutral” rating by Piper Jaffray given on Wednesday, January 25. The firm earned “Neutral” rating on Friday, September 23 by Credit Suisse. R. F. Lafferty initiated it with “Buy” rating and $21.0 target in Thursday, February 9 report. The stock has “Neutral” rating by Citigroup on Thursday, August 25. RBC Capital Markets downgraded Transocean Ltd. (NYSE:RIG) on Friday, December 16 to “Underperform” rating.

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for gas and oil wells worldwide. The company has market cap of $5.70 billion. The firm primarily offers deepwater and harsh environment drilling services. It currently has negative earnings. As of February 9, 2017, it owned or had partial ownership interests in, and operated 56 mobile offshore drilling units that consist of 30 ultra-deepwater floaters, 7 harsh environment floaters, 3 deepwater floaters, 6 midwater floaters, and 10 high-specification jackups.

More notable recent Transocean Ltd. (NYSE:RIG) news were published by: Finance.Yahoo.com which released: “Is It The Right Time To Buy Transocean Ltd (NYSE:RIG)?” on May 18, 2018, also Seekingalpha.com with their article: “Transocean And The Floaters Business – Some Thoughts” published on May 23, 2018, Seekingalpha.com published: “Transocean: Well Positioned For Ultra-Deepwater Recovery” on May 21, 2018. More interesting news about Transocean Ltd. (NYSE:RIG) were released by: Seekingalpha.com and their article: “Another Missed Opportunity For Transocean Courtesy Of Odfjell” published on May 28, 2018 as well as Seekingalpha.com‘s news article titled: “Offshore Shipping Market Update” with publication date: June 12, 2018.

The stock decreased 0.64% or $0.08 during the last trading session, reaching $12.35. About 10.77M shares traded. Transocean Ltd. (RIG) has risen 27.05% since June 14, 2017 and is uptrending. It has outperformed by 14.48% the S&P500. Some Historical RIG News: ; 01/05/2018 – TRANSOCEAN SEES 2018 CAPEX AT $175 MLN; ’19 AT $200 MLN; 15/03/2018 – NORWAY PETROLEUM SAFETY AUTH. GIVES TRANSOCEAN NOTICE OF ORDER; 09/05/2018 – Transocean: Rig Is Expected to Be Delivered in the 4Q of 2018; 09/05/2018 – Transocean Acquires Interest in Harsh Environment Newbuild Semisubmersible; 11/04/2018 – Fitch Withdraws Transocean’s Ratings; 21/03/2018 – Transocean: Subscription Period Expired at 6:59 P.M. EDT on March 20; 09/05/2018 – TRANSOCEAN LTD – TOTAL PURCHASE PRICE FOR RIG IS $500 MLN; 01/05/2018 – TRANSOCEAN EARNINGS CONFERENCE CALL BEGINS; 01/05/2018 – TRANSOCEAN: COULD SEE DEEPWATER ACTIVITY OFFSHORE MEXICO IN ’18; 21/03/2018 – TRANSOCEAN COMPULSORY PURCHASE OF REST SONGA STARTS MARCH 21

Analysts await Transocean Ltd. (NYSE:RIG) to report earnings on August, 1. After $-0.48 actual earnings per share reported by Transocean Ltd. for the previous quarter, Wall Street now forecasts -62.50% EPS growth.

Investors Title Company (NASDAQ:ITIC) Institutional Positions Chart

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