Dnb Asset Management As Has Upped Its Tenneco (TEN) Position; Shorts at COINSILIUM GROUP LTD ORD VIRGIN (CINGF) Raised By 66.82%

January 6, 2018 - By John Hoffman

Dnb Asset Management As increased Tenneco Inc (TEN) stake by 5.1% reported in 2017Q3 SEC filing. Dnb Asset Management As acquired 56,009 shares as Tenneco Inc (TEN)’s stock declined 16.10%. The Dnb Asset Management As holds 1.15M shares with $69.99M value, up from 1.10 million last quarter. Tenneco Inc now has $3.27 billion valuation. The stock increased 3.26% or $2 during the last trading session, reaching $63.33. About 537,870 shares traded or 22.13% up from the average. Tenneco Inc. (NYSE:TEN) has risen 7.45% since January 6, 2017 and is uptrending. It has underperformed by 9.25% the S&P500.

COINSILIUM GROUP LTD ORD VIRGIN (OTCMKTS:CINGF) had an increase of 66.82% in short interest. CINGF’s SI was 388,200 shares in January as released by FINRA. Its up 66.82% from 232,700 shares previously. With 403,900 avg volume, 1 days are for COINSILIUM GROUP LTD ORD VIRGIN (OTCMKTS:CINGF)’s short sellers to cover CINGF’s short positions. The stock increased 8.26% or $0.019 during the last trading session, reaching $0.249. About 216,652 shares traded. Coinsilium Group Limited (OTCMKTS:CINGF) has 0.00% since January 6, 2017 and is . It has underperformed by 16.70% the S&P500.

Among 11 analysts covering Tenneco Inc (NYSE:TEN), 6 have Buy rating, 0 Sell and 5 Hold. Therefore 55% are positive. Tenneco Inc has $80.0 highest and $50 lowest target. $68.42’s average target is 8.04% above currents $63.33 stock price. Tenneco Inc had 41 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Tenneco Inc. (NYSE:TEN) earned “Hold” rating by RBC Capital Markets on Wednesday, April 5. Barclays Capital maintained the shares of TEN in report on Monday, January 25 with “Equal Weight” rating. The stock of Tenneco Inc. (NYSE:TEN) has “Hold” rating given on Tuesday, May 30 by Jefferies. The firm has “Hold” rating given on Friday, October 27 by RBC Capital Markets. The company was upgraded on Wednesday, August 12 by Goldman Sachs. The rating was maintained by RBC Capital Markets on Wednesday, August 30 with “Hold”. The stock of Tenneco Inc. (NYSE:TEN) earned “Hold” rating by Jefferies on Wednesday, November 30. The firm has “Overweight” rating given on Thursday, January 12 by Barclays Capital. The company was maintained on Monday, September 11 by Jefferies. Wells Fargo maintained Tenneco Inc. (NYSE:TEN) on Monday, October 30 with “Market Perform” rating.

Investors sentiment increased to 0.99 in Q3 2017. Its up 0.02, from 0.97 in 2017Q2. It increased, as 29 investors sold TEN shares while 92 reduced holdings. 37 funds opened positions while 83 raised stakes. 47.82 million shares or 5.29% less from 50.49 million shares in 2017Q2 were reported. Dean Assoc Ltd Limited Liability Company, Ohio-based fund reported 128,830 shares. Bartlett & Limited Liability holds 0% of its portfolio in Tenneco Inc. (NYSE:TEN) for 1,200 shares. Ubs Asset Management Americas stated it has 617,778 shares or 0.03% of all its holdings. Bnp Paribas Arbitrage reported 51,066 shares or 0.01% of all its holdings. Jennison Associate Limited Liability owns 30,686 shares for 0% of their portfolio. Amalgamated Commercial Bank owns 6,795 shares for 0.01% of their portfolio. Diamond Hill Mngmt accumulated 515,484 shares. New York-based Jpmorgan Chase And Communication has invested 0% in Tenneco Inc. (NYSE:TEN). Teachers Retirement System Of The State Of Kentucky has 28,130 shares. Td Cap Mngmt Lc has 100 shares for 0% of their portfolio. 701,210 were accumulated by Northern Corp. 3,936 were accumulated by Commonwealth Equity Svcs. Leuthold Limited Liability Company stated it has 0.32% of its portfolio in Tenneco Inc. (NYSE:TEN). Estabrook holds 0% or 34 shares. Brandywine Inv Mngmt Ltd Liability Co has invested 0.08% in Tenneco Inc. (NYSE:TEN).

Dnb Asset Management As decreased Magna International Inc (NYSE:MGA) stake by 74,550 shares to 1.49 million valued at $79.46 million in 2017Q3. It also reduced Borgwarner Inc (NYSE:BWA) stake by 77,047 shares and now owns 934,193 shares. Western Digital Corp (NASDAQ:WDC) was reduced too.

Since August 31, 2017, it had 0 insider purchases, and 8 sales for $4.98 million activity. Another trade for 5,558 shares valued at $320,629 was sold by Guo Peng. Harrington James D. sold $782,816 worth of stock or 13,765 shares. Kunz John E had sold 6,368 shares worth $388,448. The insider Sherrill Gregg M sold 27,443 shares worth $1.50M.

Coinsilium Group Limited is a venture capital firm specializing in early stage startup and accelerating seed-stage investment in Fintech sector. The company has market cap of $23.04 million. The firm primarily invests in companies who are pioneering new applications that leverage and commercialize blockchain technologies and financial technology including Bitcoins, Internet of Things, wallets, payment gateways, exchanges, security solutions, applications, and financial services. It currently has negative earnings. It typically invests in Europe, Asia, and US, but may consider investments in other parts.