As Hess (HES) Market Valuation Declined, Employees Retirement System Of Texas Upped Its Holding by $1.67 Million; Fishman Jay A LTD Increases Stake in Eagle Materials (EXP)

Hess Corporation (NYSE:HES) Logo

Employees Retirement System Of Texas increased its stake in Hess Corp (HES) by 17.68% based on its latest 2018Q3 regulatory filing with the SEC. Employees Retirement System Of Texas bought 23,463 shares as the company’s stock declined 17.68% with the market. The institutional investor held 156,208 shares of the integrated oil company at the end of 2018Q3, valued at $11.18M, up from 132,745 at the end of the previous reported quarter. Employees Retirement System Of Texas who had been investing in Hess Corp for a number of months, seems to be bullish on the $15.19 billion market cap company. The stock decreased 1.31% or $0.68 during the last trading session, reaching $51.27. About 4.24 million shares traded. Hess Corporation (NYSE:HES) has risen 15.45% since January 12, 2018 and is uptrending. It has outperformed by 15.45% the S&P500. Some Historical HES News: 09/03/2018 – HESS OUTLOOK TO NEGATIVE FROM STABLE BY FITCH; RATING AFFIRMED; 09/03/2018 – FITCH AFFIRMS HESS AT ‘BBB-‘; OUTLOOK REVISED TO NEGATIVE; 09/05/2018 – Hess to Participate in Citi Global Energy & Utilities Conference; 22/04/2018 – DJ Hess Corporation, Inst Holders, 1Q 2018 (HES); 05/03/2018 – UNDERINVESTMENT IN OFFSHORE OIL TO IMPACT SUPPLY SOON: HESS CEO; 25/04/2018 – HESS CORP HES.N SAYS DOESN’T INTEND TO ISSUE NEW DEBT TO FUND GUYANA PROJECT OR ANY OTHER PROJECTS; 09/03/2018 – Fitch: Hess Share Buyback Plan in Advance of Considerable Offshore Guyana Development Cap Spending; 25/04/2018 – Hess Corp 1Q Loss/Shr 38c; 13/03/2018 – Height Securities Advises Hess Infrastructure Partners LP on Divestment of CPC-1232 Railcar Fleet; 09/04/2018 – Hess Schedules Earnings Release Conference Call

Fishman Jay A Ltd increased its stake in Eagle Materials Inc (EXP) by 3.16% based on its latest 2018Q3 regulatory filing with the SEC. Fishman Jay A Ltd bought 425 shares as the company’s stock declined 23.74% with the market. The institutional investor held 13,860 shares of the building materials company at the end of 2018Q3, valued at $1.18B, up from 13,435 at the end of the previous reported quarter. Fishman Jay A Ltd who had been investing in Eagle Materials Inc for a number of months, seems to be bullish on the $3.07B market cap company. The stock decreased 2.52% or $1.7 during the last trading session, reaching $65.67. About 756,657 shares traded or 2.40% up from the average. Eagle Materials Inc. (NYSE:EXP) has declined 42.21% since January 12, 2018 and is downtrending. It has underperformed by 42.21% the S&P500. Some Historical EXP News: 09/03/2018 – Eagle Materials Closes Above 200-Day Moving Average: Technicals; 20/04/2018 – DJ Eagle Materials Inc, Inst Holders, 1Q 2018 (EXP); 11/05/2018 – EAGLE MATERIALS – EFFECTIVE MAY 8 UNIT, GROUP OF HOMEBUILDER PLAINTIFFS ENTERED AGREEMENT TO SETTLE ALL CLAIMS MADE AGAINST UNIT BY PLAINTIFFS; 15/05/2018 – Eagle Materials 4Q Rev $284.7M; 24/05/2018 – Eagle Materials Declares Quarterly Dividend; 15/05/2018 – Eagle Materials 4Q Net $37M; 15/05/2018 – Eagle Materials 4Q EPS 76c; 23/04/2018 – Trinity Industries, Inc. Announces Notice of Redemption of 3; 15/05/2018 – Melvin Capital Management Buys 1.8% Position in Eagle Materials; 30/04/2018 – Eagle Materials Closes Below 50-Day Moving Average: Technicals

Investors sentiment increased to 0.92 in Q3 2018. Its up 0.16, from 0.76 in 2018Q2. It improved, as 33 investors sold HES shares while 175 reduced holdings. 71 funds opened positions while 120 raised stakes. 227.84 million shares or 3.40% less from 235.86 million shares in 2018Q2 were reported. Element Capital Mngmt Lc reported 40,216 shares or 0.06% of all its holdings. Laurion Management Limited Partnership has invested 0% in Hess Corporation (NYSE:HES). Cibc Ww Markets reported 61,107 shares. Investec Asset Limited invested 0.59% in Hess Corporation (NYSE:HES). Linscomb Williams invested 0.12% of its portfolio in Hess Corporation (NYSE:HES). Pictet Asset Management reported 142,700 shares. Schroder Investment Grp reported 0.01% of its portfolio in Hess Corporation (NYSE:HES). Earnest Ptnrs Ltd Liability Co has 0.03% invested in Hess Corporation (NYSE:HES) for 40,812 shares. Virtu Llc has invested 0.01% in Hess Corporation (NYSE:HES). 34,754 are owned by Pnc Financial Gp. State Board Of Administration Of Florida Retirement System owns 393,214 shares. Massachusetts Fincl Ma has invested 0.05% in Hess Corporation (NYSE:HES). First Tru Lp owns 8,647 shares. Tudor Invest Corporation Et Al reported 47,699 shares. Fincl Bank Of Ny Mellon has invested 0.08% of its portfolio in Hess Corporation (NYSE:HES).

Since November 21, 2018, it had 0 buys, and 1 sale for $235,348 activity.

Employees Retirement System Of Texas, which manages about $7.51 billion US Long portfolio, decreased its stake in Itt Inc by 23,000 shares to 67,000 shares, valued at $4.10 million in 2018Q3, according to the filing. It also reduced its holding in Zoetis Inc (NYSE:ZTS) by 32,000 shares in the quarter, leaving it with 95,000 shares, and cut its stake in Walgreens Boots Alliance Inc.

More notable recent Hess Corporation (NYSE:HES) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For January 10, 2019 – Benzinga” on January 10, 2019, also Seekingalpha.com with their article: “Here’s Why Hess Corp. Is Not A Buy – Seeking Alpha” published on December 18, 2018, Fool.com published: “Why Hess Went From Rallying More Than 50% to Sinking Nearly 15% in 2018 – Motley Fool” on January 08, 2019. More interesting news about Hess Corporation (NYSE:HES) were released by: Fool.com and their article: “Is Hess a Buy? – Motley Fool” published on December 17, 2018 as well as Investorplace.com‘s news article titled: “3 High-Yield MLPs to Buy for a Stronger Portfolio in 2019 – Investorplace.com” with publication date: January 08, 2019.

Among 25 analysts covering Hess Corp. (NYSE:HES), 10 have Buy rating, 2 Sell and 13 Hold. Therefore 40% are positive. Hess Corp. had 81 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Hess Corporation (NYSE:HES) earned “Buy” rating by Piper Jaffray on Tuesday, January 23. The firm has “Neutral” rating given on Thursday, April 7 by Citigroup. BMO Capital Markets maintained the stock with “Hold” rating in Friday, June 16 report. Citigroup downgraded Hess Corporation (NYSE:HES) on Tuesday, January 5 to “Neutral” rating. JP Morgan downgraded the shares of HES in report on Friday, December 15 to “Underweight” rating. The stock has “Buy” rating by Zacks on Saturday, August 8. The rating was maintained by BMO Capital Markets with “Hold” on Thursday, January 11. Cowen & Co maintained the stock with “Hold” rating in Tuesday, July 18 report. BMO Capital Markets maintained it with “Hold” rating and $4000 target in Tuesday, July 11 report. Goldman Sachs downgraded it to “Hold” rating and $5800 target in Tuesday, May 30 report.

Fishman Jay A Ltd, which manages about $498.38M and $569.37B US Long portfolio, decreased its stake in Visa Inc Class A (NYSE:V) by 3,800 shares to 119,595 shares, valued at $17.95B in 2018Q3, according to the filing. It also reduced its holding in Diageo Plc Sponsored Adr (NYSE:DEO) by 585 shares in the quarter, leaving it with 28,501 shares, and cut its stake in Altria Group Inc (NYSE:MO).

Investors sentiment increased to 1.07 in 2018 Q3. Its up 0.02, from 1.05 in 2018Q2. It increased, as 30 investors sold EXP shares while 97 reduced holdings. 52 funds opened positions while 84 raised stakes. 42.45 million shares or 3.50% less from 43.99 million shares in 2018Q2 were reported. Fishman Jay A Ltd Mi invested in 13,860 shares. Jane Street Gp Ltd Co owns 93,315 shares. Sprucegrove Invest Mngmt Ltd owns 188,800 shares for 1.03% of their portfolio. Westpac Banking Corporation, Australia-based fund reported 37,929 shares. Dalton Greiner Hartman Maher Company reported 96,152 shares. Hanson Mcclain holds 622 shares or 0% of its portfolio. 3,511 are held by Fdx. Commonwealth Of Pennsylvania Public School Empls Retrmt System has 9,709 shares. Public Employees Retirement Association Of Colorado holds 0% of its portfolio in Eagle Materials Inc. (NYSE:EXP) for 9,650 shares. Linscomb Williams Incorporated invested in 0.05% or 7,518 shares. Synovus Fin Corp owns 0% invested in Eagle Materials Inc. (NYSE:EXP) for 163 shares. Moreover, Wilbanks Smith And Thomas Asset Ltd Liability Com has 0% invested in Eagle Materials Inc. (NYSE:EXP) for 29 shares. First Quadrant Ltd Partnership Ca has invested 0% in Eagle Materials Inc. (NYSE:EXP). Gradient Investments Llc stated it has 200 shares. Principal reported 215,590 shares or 0.02% of all its holdings.

Among 13 analysts covering Eagle Materials (NYSE:EXP), 11 have Buy rating, 0 Sell and 2 Hold. Therefore 85% are positive. Eagle Materials had 38 analyst reports since August 5, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, October 4 by CL King. Stephens maintained it with “Buy” rating and $132.0 target in Tuesday, February 6 report. The firm has “Buy” rating by Citigroup given on Thursday, January 3. The stock has “Buy” rating by Standpoint Research on Friday, October 12. The stock of Eagle Materials Inc. (NYSE:EXP) has “Neutral” rating given on Friday, November 20 by Goldman Sachs. The firm has “Buy” rating by Longbow given on Friday, March 23. The firm has “Buy” rating given on Monday, April 18 by Citigroup. As per Tuesday, July 26, the company rating was downgraded by CL King. On Tuesday, December 15 the stock rating was initiated by Citigroup with “Buy”. The stock has “Neutral” rating by Longbow on Friday, October 9.

Eagle Materials Inc. (NYSE:EXP) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.