Telemark Asset Management Holding in Scorpio Tankers (STNG) Has Lowered by $2.00 Million; Delaware Enhanced Gbl Div & (DEX) Shareholder Bulldog Investors Decreased Its Position by $1.17 Million

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Telemark Asset Management Llc decreased its stake in Scorpio Tankers Inc (STNG) by 11.11% based on its latest 2018Q3 regulatory filing with the SEC. Telemark Asset Management Llc sold 1.00M shares as the company’s stock rose 10.81% while stock markets declined. The hedge fund held 8.00 million shares of the marine transportation company at the end of 2018Q3, valued at $16.08 million, down from 9.00M at the end of the previous reported quarter. Telemark Asset Management Llc who had been investing in Scorpio Tankers Inc for a number of months, seems to be less bullish one the $974.27 million market cap company. The stock decreased 1.00% or $0.02 during the last trading session, reaching $1.99. About 613,626 shares traded. Scorpio Tankers Inc. (NYSE:STNG) has declined 31.89% since January 11, 2018 and is downtrending. It has underperformed by 31.89% the S&P500. Some Historical STNG News: 16/05/2018 – Scorpio Tankers Inc. Announces Closing of Offer to Exchange Existing Convertible Notes; 10/05/2018 – Scorpio Tankers Inc. Announces Offer to Exchange Existing Convertible Notes; 17/05/2018 – SCORPIO TANKERS INC – AS PART OF AGREEMENTS, COMPANY WILL BAREBOAT CHARTER-IN VESSELS FOR A PERIOD OF EIGHT YEARS; 10/05/2018 – SCORPIO TANKERS REPORTS OFFER TO EXCHANGE EXISTING CONV NOTES; 29/05/2018 – Scorpio Tankers Agrees to Sell, Lease Back Six MR Product Tankers; 29/05/2018 – SCORPIO REPORTS SALE & LEASEBACK PACTS FOR SIX MR PRODUCT; 29/05/2018 – Scorpio Tankers Announces Sale and Leaseback Agreements for Six MR Product Tankers; 25/04/2018 – Scorpio Tankers 1Q Loss/Shr 10c; 29/05/2018 – Scorpio Tankers Announces Sale and Leaseback Agreements for Six MR Pdt Tankers; 25/04/2018 – Scorpio Tankers 1Q Loss $31.8M

Bulldog Investors Llc decreased its stake in Delaware Enhanced Gbl Div & (DEX) by 15.54% based on its latest 2018Q3 regulatory filing with the SEC. Bulldog Investors Llc sold 106,741 shares as the company’s stock declined 17.56% with the market. The hedge fund held 580,180 shares of the company at the end of 2018Q3, valued at $6.50 million, down from 686,921 at the end of the previous reported quarter. Bulldog Investors Llc who had been investing in Delaware Enhanced Gbl Div & for a number of months, seems to be less bullish one the $ market cap company. The stock decreased 0.57% or $0.05 during the last trading session, reaching $9.09. About 2,844 shares traded. Delaware Enhanced Global Dividend and Income Fund (NYSE:DEX) has declined 23.96% since January 11, 2018 and is downtrending. It has underperformed by 23.96% the S&P500.

Telemark Asset Management Llc, which manages about $460.03 million and $802.40M US Long portfolio, upped its stake in Trimble Inc (NASDAQ:TRMB) by 200,000 shares to 400,000 shares, valued at $17.38 million in 2018Q3, according to the filing. It also increased its holding in Kansas City Southern (NYSE:KSU) by 100,000 shares in the quarter, for a total of 250,000 shares, and has risen its stake in Flir Systems (NASDAQ:FLIR).

Analysts await Scorpio Tankers Inc. (NYSE:STNG) to report earnings on February, 13. They expect $-0.06 EPS, up 57.14% or $0.08 from last year’s $-0.14 per share. After $-0.21 actual EPS reported by Scorpio Tankers Inc. for the previous quarter, Wall Street now forecasts -71.43% EPS growth.

More notable recent Scorpio Tankers Inc. (NYSE:STNG) news were published by: Globenewswire.com which released: “Scorpio Tankers Inc. Announces Update on the Securities Buyback Program – GlobeNewswire” on January 10, 2019, also Seekingalpha.com with their article: “Scorpio Tankers to fit 90 product tankers with scrubbers – Seeking Alpha” published on October 15, 2018, Globenewswire.com published: “Scorpio Tankers Inc. Announces Third Quarter 2018 Earnings Release and Conference Call on October 31, 2018 – GlobeNewswire” on October 22, 2018. More interesting news about Scorpio Tankers Inc. (NYSE:STNG) were released by: Seekingalpha.com and their article: “Scorpio Tankers to sell, leaseback seven product tankers – Seeking Alpha” published on July 18, 2018 as well as Globenewswire.com‘s news article titled: “Scorpio Tankers Announces Agreement to Purchase Exhaust Gas Cleaning Systems for 52 vessels – GlobeNewswire” with publication date: December 03, 2018.

Among 12 analysts covering Scorpio Tankers Inc. (NYSE:STNG), 11 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Scorpio Tankers Inc. had 41 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Scorpio Tankers Inc. (NYSE:STNG) has “Overweight” rating given on Monday, February 12 by Morgan Stanley. As per Monday, November 13, the company rating was upgraded by UBS. The firm has “Buy” rating by Jefferies given on Monday, October 30. Bank of America maintained Scorpio Tankers Inc. (NYSE:STNG) rating on Monday, March 19. Bank of America has “Buy” rating and $2.75 target. On Friday, October 27 the stock rating was maintained by Stifel Nicolaus with “Buy”. The rating was maintained by Credit Suisse on Thursday, February 15 with “Outperform”. Morgan Stanley upgraded Scorpio Tankers Inc. (NYSE:STNG) on Tuesday, February 14 to “Overweight” rating. Jefferies maintained it with “Buy” rating and $5.0 target in Thursday, November 16 report. The company was upgraded on Thursday, February 18 by Deutsche Bank. The firm has “Buy” rating by Bank of America given on Friday, May 12.

More notable recent Delaware Enhanced Global Dividend and Income Fund (NYSE:DEX) news were published by: Fool.com which released: “Analyst Slashes Oceaneering International Price Target – The Motley Fool” on December 27, 2018, also Seekingalpha.com with their article: “Weekly Closed-End Fund Roundup: DEX Tender Offer Live – Seeking Alpha” published on October 16, 2018, Streetinsider.com published: “Pre-Open Stock Movers 01/03: (OHRP) (CELG) (DBVT) Higher; (AAPL) (LITE) (BMY) Lower (more…) – StreetInsider.com” on January 03, 2019. More interesting news about Delaware Enhanced Global Dividend and Income Fund (NYSE:DEX) were released by: Businesswire.com and their article: “Delaware Enhanced Global Dividend and Income Fund Announces Final Results of Tender Offer – Business Wire” published on November 02, 2018 as well as Businesswire.com‘s news article titled: “Shareholders Re-Elect Delaware Enhanced Global Dividend and Income Fund’s Board of Trustees and Reject Hedge Fund’s Proposal at Annual Meeting – Business Wire” with publication date: August 22, 2018.

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