Tenneco Inc. (TEN) Forms $56.72 Double Top; Hawk Ridge Management Raised Its Brightcove (BCOV) Holding

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Hawk Ridge Management Llc increased Brightcove Inc (BCOV) stake by 26.75% reported in 2017Q4 SEC filing. Hawk Ridge Management Llc acquired 304,993 shares as Brightcove Inc (BCOV)’s stock rose 2.96%. The Hawk Ridge Management Llc holds 1.45 million shares with $10.26M value, up from 1.14 million last quarter. Brightcove Inc now has $246.41 million valuation. The stock increased 0.71% or $0.05 during the last trading session, reaching $7.05. About 6,965 shares traded. Brightcove Inc. (NASDAQ:BCOV) has declined 21.47% since April 6, 2017 and is downtrending. It has underperformed by 33.02% the S&P500.

Tenneco Inc. (TEN) formed double top with $61.26 target or 8.00% above today’s $56.72 share price. Tenneco Inc. (TEN) has $2.92 billion valuation. The stock increased 0.04% or $0.02 during the last trading session, reaching $56.72. About 20,284 shares traded. Tenneco Inc. (NYSE:TEN) has declined 15.35% since April 6, 2017 and is downtrending. It has underperformed by 26.90% 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. $68.50’s average target is 20.77% above currents $56.72 stock price. Tenneco Inc had 45 analyst reports since July 30, 2015 according to SRatingsIntel. Wells Fargo maintained the shares of TEN in report on Monday, October 30 with “Market Perform” rating. The rating was maintained by KeyBanc Capital Markets with “Buy” on Thursday, October 12. The stock of Tenneco Inc. (NYSE:TEN) earned “Hold” rating by RBC Capital Markets on Friday, July 28. The stock of Tenneco Inc. (NYSE:TEN) earned “Hold” rating by RBC Capital Markets on Friday, October 27. The firm has “Buy” rating by CLSA given on Wednesday, June 21. The firm earned “Hold” rating on Monday, October 16 by RBC Capital Markets. Jefferies maintained Tenneco Inc. (NYSE:TEN) rating on Wednesday, April 26. Jefferies has “Hold” rating and $67 target. The rating was initiated by Jefferies with “Hold” on Wednesday, November 30. The rating was upgraded by Goldman Sachs on Wednesday, August 12 to “Neutral”. Wells Fargo downgraded the shares of TEN in report on Wednesday, April 27 to “Market Perform” rating.

Analysts await Tenneco Inc. (NYSE:TEN) to report earnings on May, 7. They expect $1.67 EPS, up 9.15% or $0.14 from last year’s $1.53 per share. TEN’s profit will be $85.88 million for 8.49 P/E if the $1.67 EPS becomes a reality. After $1.89 actual EPS reported by Tenneco Inc. for the previous quarter, Wall Street now forecasts -11.64% negative EPS growth.

Since December 13, 2017, it had 0 insider purchases, and 1 sale for $320,629 activity. 5,558 shares were sold by Guo Peng, worth $320,629 on Wednesday, December 13.

Investors sentiment decreased to 0.95 in Q4 2017. Its down 0.04, from 0.99 in 2017Q3. It dropped, as 24 investors sold Tenneco Inc. shares while 93 reduced holdings. 26 funds opened positions while 85 raised stakes. 46.48 million shares or 2.80% less from 47.82 million shares in 2017Q3 were reported. Invesco Ltd stated it has 38,350 shares or 0% of all its holdings. Manufacturers Life The reported 114,414 shares. Horrell Capital Mgmt reported 28,641 shares. Wellington Gp Llp reported 0.03% stake. The California-based First Pacific Ltd has invested 0.11% in Tenneco Inc. (NYSE:TEN). Advisory Network Ltd Liability invested in 1,763 shares or 0.01% of the stock. Gofen & Glossberg Ltd Llc Il has 7,185 shares. Dimensional Fund L P has invested 0.03% in Tenneco Inc. (NYSE:TEN). Moreover, State Street Corporation has 0.01% invested in Tenneco Inc. (NYSE:TEN) for 1.27M shares. Moreover, Cornercap Counsel has 0.26% invested in Tenneco Inc. (NYSE:TEN) for 31,825 shares. Pillar Pacific Cap Management Limited Com reported 5,950 shares. First Mercantile Commerce accumulated 4,720 shares or 0.05% of the stock. Numeric Investors Limited Liability holds 0.05% or 127,900 shares. Schwab Charles Investment Management invested in 362,135 shares or 0.02% of the stock. 70 were reported by Enterprise Fincl Corporation.

Among 6 analysts covering Brightcove (NASDAQ:BCOV), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Brightcove had 12 analyst reports since July 31, 2015 according to SRatingsIntel. As per Tuesday, March 22, the company rating was initiated by Ladenburg Thalmann. The company was maintained on Friday, July 21 by Northland Capital. On Friday, May 5 the stock rating was downgraded by B. Riley & Co to “Neutral”. The firm has “Hold” rating given on Friday, September 1 by Northland Capital. The firm earned “Buy” rating on Tuesday, September 6 by Dougherty & Company. The firm has “Buy” rating given on Friday, July 31 by Stifel Nicolaus. The stock has “Hold” rating by Northland Capital on Monday, October 23. Northland Capital maintained the stock with “Buy” rating in Friday, February 23 report. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, October 27 report. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, July 18 report.

Tenneco Inc. (NYSE:TEN) Institutional Positions Chart