Odey Asset Management Group LTD Decreased Stake in Rowan Companies Plc (RDC) by $19.08 Million as Shares Rose

Rowan Companies plc (NYSE:RDC) Corporate LogoDuring Q2 2018 the big money sentiment decreased to 1. That’s change of 0.18, from 2018Q1’s 1.18. 24 investors sold all, 61 reduced holdings as RDC ratio is negative. 57 rose holdings while 28 funds acquired holdings. Funds hold 117.74 million shares thus 4.37% less from 2018Q1’s 123.12 million shares. Oceanic Inv Management Ltd reported 2.09% of its capital in Rowan Companies plc (NYSE:RDC). Arizona State Retirement System owns 79,292 shs for 0.01% of their capital. Jefferies Gp Limited Com holds 0% or 2,194 shs. Fincl Bank Of America Corp De invested 0% in Rowan Companies plc (NYSE:RDC). Cwm has invested 0% of its capital in Rowan Companies plc (NYSE:RDC). Gsa Cap Ptnrs Llp has invested 0.08% in Rowan Companies plc (NYSE:RDC). Cubic Asset Mngmt Llc has invested 0.07% in Rowan Companies plc (NYSE:RDC). Great West Life Assurance Can stated it has 0% of its capital in Rowan Companies plc (NYSE:RDC). Mason Street Advsr Llc holds 0.02% or 58,575 shs in its capital. Maverick Capital owns 443,940 shs. Ubs Asset Mgmt Americas, a Illinois-based fund reported 153,060 shs. Glenmede Tru Communications Na owns 151 shs. Quantitative Investment Mgmt Ltd owns 30,000 shs. State Board Of Administration Of Florida Retirement Sys owns 0% invested in Rowan Companies plc (NYSE:RDC) for 111,161 shs. Meeder Asset Mngmt invested 0% in Rowan Companies plc (NYSE:RDC).

RDC registered $88,020 net activity with 0 buys and 1 sale since June 20, 2018.

Odey Asset Management Group Ltd’s stake in Rowan Companies Plc (RDC) is reduced by 9.84% based on its latest 2018Q2 regulatory filing with the SEC. By selling 1.19 million shares Odey Asset Management Group Ltd made the stock popped up with 4.80%. The oil & gas production company at the end of 2018Q2 was priced at $177.23M. It’s down from 12.12M at the end of the previous reported quarter. Now it had 10.93M shares held by the hedge fund . $1.53 billion is the MC of Rowan Companies Plc. The stock decreased 3.68% or $0.46 during the last trading session, hitting $12.03.Rowan Companies plc has volume of 2.25 million shares. Since December 8, 2017 RDC has risen 50.24% and is uptrending. The stock outperformed the S&P 500 by 34.62%.

About $1.01 billion US Long portfolio Odey Asset Management Group Ltd operates. It upped its stake in Viasat Inc (NASDAQ:VSAT) by 59,556 shares to 2.35M shares, valued at $154.14 million in 2018Q2, according to the filing. Odey Asset Management Group Ltd has risen its stake in Alphabet Inc and also increased its holding in Technipfmc Plc by 527,647 shares in the quarter, for a total of 593,101 shares.

On February, 27 is awaited Rowan Companies plc (NYSE:RDC)’s earnings report, as reported by RTT. earnings per share of $-1.06 is 241.94 % down from 2017’s $-0.31 EPS. After $-1.13 EPS report previous quarter, Wall Street now forecasts -6.19 % EPS growth of Rowan Companies plc.

For more Rowan Companies plc (NYSE:RDC) news posted briefly go to: Streetinsider.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Form DEFA14A ROWAN COMPANIES PLC – StreetInsider.com” posted on November 21, 2018, “Rowan Relentless Gets More Time With Exxon Mobil – Seeking Alpha” on December 03, 2018, “Rowan Continues The Contract Award Burst – Seeking Alpha” with a publish date: September 25, 2018, “Rowan: 2nd-Quarter Shows Strong Future Position – Seeking Alpha” and the last “Merger Arbitrage Mondays – November 26, 2018 – Seeking Alpha” with publication date: November 26, 2018.

Rowan Companies plc (NYSE:RDC) Ratings Coverage

In total 9 analysts cover Rowan Companies (NYSE:RDC). “Buy” rating has 5, “Sell” are 1, while 3 are “Hold”. 56% are bullish. 11 are the (NYSE:RDC)’s analyst reports since June 11, 2018 according to StockzIntelligence Inc. On Monday, June 11 the company was maintained by FBR Capital. On Monday, September 10 Citigroup upgraded the shares of RDC in report to “Buy” rating. The stock rating was downgraded by JP Morgan to “Neutral” on Friday, October 12. On Monday, September 24 the rating was upgraded by Credit Suisse to “Outperform”. On Friday, August 3 Societe Generale upgraded Rowan Companies plc (NYSE:RDC) to “Buy” rating. On Thursday, June 21 the stock of Rowan Companies plc (NYSE:RDC) has “Neutral” rating given by Citigroup. On Thursday, August 9 the firm earned “Underweight” rating by Barclays Capital. On Friday, September 21 the firm has “Hold” rating given by HSBC. In Thursday, September 20 report RBC Capital Markets upgraded the stock to “Outperform” rating. On Monday, June 18 the rating was maintained by FBR Capital with “Buy”.

Rowan Companies plc (NYSE:RDC) Analyst Ratings Chart

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