Marathon Asset Management LP Decreased Hess Corp (HES) Stake

The stock increased 0.86% or $0.03 during the last trading session, reaching $3.53. About 32.05M shares traded or 35.83% up from the average. It has underperformed by 11.55% the S&P500.

Marathon Asset Management Lp decreased its stake in Hess Corp (HES) by 62.32% based on its latest 2017Q4 regulatory filing with the SEC. Central Securities Corp acquired 90,000 shares as Hess Corp (HES)'s stock rose 6.08%. The institutional investor held 13,200 shares of the integrated oil company at the end of 2017Q4, valued at $627,000, down from 21,630 at the end of the previous reported quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its holdings in Hess by 13.8% during the fourth quarter.

Hess stock opened at $56.32 on Friday. About 2.36 million shares traded. Chevy Chase Holdg Inc owns 0.05% invested in Hess Corporation (NYSE:HES) for 237,067 shares. It has underperformed by 2.64% the S&P500. This's net activity of $8.38 million. Cannell Peter B Company Incorporated holds 0.01% in Hess Corporation (NYSE:HES) or 5,100 shares.

Investors sentiment decreased to 1.05 in Q4 2017. It has change of 0.06, from 2017Q3's 0.88. It increased, as 78 investors sold CTL shares while 110 reduced holdings. 59 funds opened positions while 190 raised stakes. Artisan Prtnrs Limited Partnership reported 1.32 million shares. (NYSE:CTL). Moreover, Apriem Advsrs has 0.08% invested in CenturyLink, Inc. (NYSE:DLR) or 483,319 shares. The insider Hill Gregory P. sold 6,312 shares worth $280,442. Segall Bryant Hamill Ltd Co has invested 0.03% in CenturyLink, Inc. Shine Advisory Serv Inc reported 972 shares. Captrust Fincl Advisors holds 0.05% or 46,415 shares. Nwq Inv Management Co Ltd Liability Corp accumulated 1.74M shs. Brandywine Global Invest Mgmt Ltd Limited Liability Company invested in 262 shs. 200.80 million shares or 1.27% more from 198.28 million shares in 2017Q3 were reported. Goldman Sachs Group, Inc. Xact Kapitalforvaltning AB now owns 28,125 shares of the oil and gas producer's stock valued at $1,335,000 after purchasing an additional 2,936 shares in the last quarter. Tru Of Vermont owns 73 shares. The firm has "Buy" rating given on Saturday, August 8 by Zacks. Therefore 30% are positive. Wells Fargo & Company had 136 analyst reports since July 29, 2015 according to SRatingsIntel. On Monday, February 12 the stock has "Neutral" rating by Credit Suisse. The rating was downgraded by JP Morgan on Friday, December 15 to "Underweight". The firm earned "Hold" rating on Thursday, January 11 by BMO Capital Markets. The rating was maintained by RBC Capital Markets on Sunday, September 17 with "Hold". On Wednesday, October 18 Morgan Stanley maintained the shares of HES in report with "Equal-Weight" rating. The stock of CenturyLink, Inc. As per Thursday, September 14, the company rating was downgraded by JP Morgan.

During Q4 2017 the big money sentiment increased to 0.94. Its up 0.06, from 0.88 in 2017Q3. It increased, as 45 investors sold Hess Corporation shares while 161 reduced holdings. 63 funds bought stakes and 131 increased stakes. The hedge fund held 210,948 shares of the major banks company at the end of 2017Q4, valued at $12.80 million, down from 222,956 at the end of the previous reported quarter.

The stock of Hess Corporation (NYSE:HES) hit a new 52-week high and has $58.57 target or 4.00 % above today's $56.32 share price. Telos Cap Management Incorporated holds 0.08% or 3,904 shares in its portfolio. Commonwealth Retail Bank Of Aus stated it has 0% in Hess Corporation (NYSE:HES). Kbc Group Inc Nv reported 0.01% in Hess Corporation (NYSE:HES). The company had a trading volume of 3,355,004 shares. "(NYSE:HES) Shares Bought by Advisor Group Inc." was first published by The Lincolnian Online and is the property of of The Lincolnian Online. State Of Tennessee Treasury Department reported 69,871 shares stake. Quantbot Techs Lp reported 38,998 shares. Creative Planning accumulated 0% or 20,234 shares. Bbt Cap Mgmt Ltd Liability reported 40,000 shares. Fjarde Ap has 50,509 shares for 0.04% of their portfolio. Moreover, Caisse De Depot Et Placement Du Quebec has 0% invested in Hess Corporation (NYSE:HES).

LG Report: Andrew McCabe Repeatedly Leaked And Lied About It
White House press secretary Sarah Sanders added her own condemnation of McCabe and Comey during the White House press briefing. He said that when he believed his answers to the inspector general were misunderstood, he returned and tried to correct them.

Among 22 analysts covering Hess Corp. (NYSE:HES), 9 have Buy rating, 2 Sell and 11 Hold. Therefore 41% are positive.

Among 22 analysts covering Hess Corp. Piper Jaffray has "Buy" rating and $55.0 target. Citigroup maintained the shares of HES in report on Monday, September 14 with "Buy" rating. Macquarie started coverage on Hess in a research note on Wednesday, January 17th. On Tuesday, January 16 the stock rating was maintained by Cowen & Co with "Hold". Cowen & Co has "Hold" rating and $60.0 target. Finally, Piper Jaffray reissued a "buy" rating and issued a $52.00 price objective on shares of Hess in a research note on Friday, February 23rd. The rating was maintained by Citigroup on Friday, July 21 with "Neutral". ValuEngine raised Hess from a "sell" rating to a "hold" rating in a research note on Monday, April 2nd. The firm earned "Equal-Weight" rating on Tuesday, January 12 by Morgan Stanley.

Since February 8, 2018, it had 11 insider buys, and 15 sales for $8.38 million activity.

In related news, CEO John B. Hess sold 51,014 shares of the firm's stock in a transaction dated Tuesday, March 6th. 516 shares were bought by MCMANUS DAVID, worth $25,016. Another trade for 422 shares valued at $19,686 was made by Slentz Andrew P on Tuesday, March 6. The insider Lowery-Yilmaz Barbara J sold $85,261. Texas Yale Capital Corp.'s holdings in Hess Corporation were worth $518,000 at the end of the most recent reporting period.

Total analysts of 8 have positions in Hess (NYSE:HES) as follows: 1 rated it a "Buy", 2 with "Sell" and 5 with "Hold". Advisors Asset Management Inc. now owns 18,427 shares of the oil and gas producer's stock worth $864,000 after acquiring an additional 1,237 shares during the last quarter. The oil and gas producer reported ($1.01) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.91) by ($0.10).

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.

Related News:

  • Ithaka Group LLC Reduced Holding in BioMarin Pharmaceutical Inc. (BMRN)

    Sphera Funds Limited holds 0.37% or 35,000 shares in its portfolio. 51 funds opened positions while 130 raised stakes. Disney Walt Co now has $150.89 billion valuation. ( NASDAQ : BMRN ) traded up 0.84% on Monday, reaching $90.89.
    Trump considering drug testing plan for food stamp recipients

    Trump considering drug testing plan for food stamp recipients

    The Trump administration is considering a plan that would allow states to drug test some food stamp recipients. This person spoke on condition of anonymity to discuss internal deliberations.
    Leinster Leader owner's horse pipped at the post in the Grand National

    Leinster Leader owner's horse pipped at the post in the Grand National

    Gordon Elliott has won his second Grand National as a trainer as the 10-1 shot Tiger Roll , ridden by Davy Russell , won a tense photo finish from Pleasant Company at Aintree.
  • How non-Facebook users are still subject to its 'globe-spanning surveillance'

    How non-Facebook users are still subject to its 'globe-spanning surveillance'

    At the hearing, Zuckerberg said: "We didn't take a broad enough view of our responsibility, and that was a big mistake ". On a question if Facebook has a political bias, he said the platform's goal was not to engage in political speech.
    Pleasant Saturday, strong to severe storms possible Sunday

    Pleasant Saturday, strong to severe storms possible Sunday

    We expect 2-3 inches of rain to come down from this - which could prompt flooding Saturday afternoon through Sunday morning . A flash flood watch has been issued for southeast Louisiana, according to the National Weather Service.
    Chibok Parents Mark 4th Anniversary Of Schoolgirls Abduction

    Chibok Parents Mark 4th Anniversary Of Schoolgirls Abduction

    Buhari however admitted that they may be some delay in securing their release following setbacks in talks with the terrorists . Over 270 were abducted by the terror sect when its men invaded the school on the night of April 14 2014.
  • Tottenham Hotspur v Manchester City — Big Match Focus

    Tottenham Hotspur v Manchester City — Big Match Focus

    Those two players could make the difference, allowing their sides to bypass a congested midfield battle with longer passes. Of course, City arrived at Wembley still on course to lift the Premier League title for the third time in six years.

    Scientific Games Corporation (NASDAQ:SGMS) Weekly Ratings on April 13, 2018

    The stock of Scientific Games Corporation (NASDAQ: SGMS ) is a huge mover today! The stock outperformed the S&P 500 by 85.00%. Teacher Retirement System of Texas bought a new stake in shares of Scientific Games in the 3rd quarter worth about $201,000.

    Anticipated $0.59 EPS for Fortune Brands Home & Security, Inc

    According to Wilder, any number above 70 should be considered overbought and any number below 30 should be considered oversold. The stock price moved with change of -19.69% to its 50 Day low point and changed 3.75% comparing to its 50 Day high point.
  • Clinton was under investigation when campaign denied reports, Comey says

    Clinton was under investigation when campaign denied reports, Comey says

    A report from Axios Saturday claims excerpts from his upcoming book indicate he believes he mishandled the Clinton investigation. The former Secretary of State and her supporters have blamed Comey's 11th hour disclosure of the investigation for her loss.
    Arnold Schwarzenegger: 'I'm good' but 'not great yet'

    Arnold Schwarzenegger: 'I'm good' but 'not great yet'

    Hearing that someone is undergoing heart surgery can be scary, but Schwarzenegger seems upbeat and ready to face the challenges. As previously reported, the Austrian-born star had a pulmonic valve replacement in a planned procedure on March 29.

    How Analysts Rated Emerson Electric Co

    Sterling Capital Management LLC's holdings in Emerson Electric were worth $6,773,000 at the end of the most recent quarter. Moreover, Keybank Association Oh has 0.27% invested in Emerson Electric Co . ( NYSE : EMR ) for 40,989 shares.

Most liked

The Cambridge Analytica data breach also harvested people's private Facebook messages
Leading the region's investigation into Facebook is the United Kingdom, which has been studying "fake news" for months. Gus Bilirakis of Florida commended the platform, saying "it's wonderful for us seniors to connect with our relatives".

Fortnite update 3.5 adds Replay feature and Cyberpunk Heroes
The company detailed the upcoming mode in its v3.5 patch notes in recent days, shedding light on everything players can expect. For Battle Royale players, this weekend we'll be offering a Back Bling gift that you can pick up in the store for free.

Judge bars immigration enforcement criteria for police grant
The ruling came Thursday after Los Angeles — a sanctuary city — filed a request for an injunction. Los Angeles was not awarded one of the grants in 2017.

NHL: Penguins start Stanley Cup Playoffs hot vs Flyers
Guentzel's power-play goal for a 4-0 lead was a play in which Elliott had just a slight hesitation in covering the far post. If the player does not play at least one game in the jersey, a pre-order may be cancelled and a full refund will be given.

On stand, Cosby accuser again describes alleged sexual assault
During cross examination, a defence attorney seized on inconsistencies in Dickinson's testimony and what she wrote in the book. She said he then raped her inside a Lake Tahoe-area hotel room in 1982. "Don't call me a liar", Dickinson replied.

World Cup could grow to 48 teams by 2022
Football Association of Zambia (FAZ) has invited the world soccer governing body FIFA to conduct a forensic audit of its books. CONMEBOL president Alejandro Dominguez made the request in a letter handed to Gianni Infantino.

Four face charges after store robbed
Police said that on Thursday at around 8:30 a.m., a group entered a store and started taking items off the shelves. A third male was in possession of a machete which was concealed inside the front waistband of his trousers .

Nigeria moves five places up — Federation Internationale de Football Association rankings
Senegal are second on the continent but they dropped a spot to 28th in the world while DR Congo climbed a spot to 38th. Nigeria's group opponents, Argentina , Croatia and Iceland were ranked 5th, 18th and 22nd respectively.

President Trump Pardons Scooter Libby
During that time, he appointed a special counsel to prosecute a high-profile case that led to Libby's guilty verdict in 2007. Libby was sentenced to 30 months in prison and fined $250,000, but his sentence was commuted by then-President George W.

Tom Daley calls on countries to decriminalise homosexuality
The first openly gay man to win Olympic gold back in 2008, Australia's Matthew Mitcham is Pride House's ambassador. But in other countries the situation for people who aren't heterosexual is getting worse.

Kylie Jenner Is Wearing Neon Pink Waist-Length Hair at Coachella
Kylie was seen with her sister Kourtney Kardashian , walking into the fairgrounds, and the two brought their beaus along as well. In a bold turn, the new mom debuted hot pink hair for the first day of the star-studded Palm Springs extravaganza.

United States pledges additional $16 million to help Venezuelan exiles
The leaders were expected to discuss the North American Free Trade Agreement, which Trump has been trying to renegotiate. Pence in Lima said as he met several Venezuelan opposition figures on Friday that more sanctions could be forthcoming.

Thousands gather for funeral of Winnie Mandela
Her daughter, Mandela-Dlamini, touched on the same theme. "The pain you inflicted on her now lives on in us". He said the late Madikizela Mandela stood her ground under torture, arrests and forced to live in one place.

Oklahoma President David Boren Rushed To Hospital
Castiglione told the crowd the paramedics were taking precautions and then implored the crowd to pray. The school did not immediately respond to a request for details regarding Boren's condition.

People rally for the second amendment at Americans for America
In Wyoming, however, the capital is under renovation, to the rally was held catty corner at the Wyoming supreme court building. A new dating site,, matches up people with at least one thing in common: their love and passion for guns.