Economy

Diamond Offshore Drilling, Inc. (DO) Receives Hold Rating from Cowen and Company

The offshore drilling services provider reported $0.45 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.21. Cibc Inc reported 0% in Diamond Offshore Drilling Inc (NYSE:DO). The stock decreased 0.34% or $0.13 on September 15, reaching $39.15. About 3.83M shares traded or 36.30% up from the average.

Analysts await Diamond Offshore Drilling Inc (NYSE:DO) to report earnings on October, 30. It has underperformed by 16.70% the S&P500.

Sanders Capital Llc decreased its stake in Metlife Inc (MET) by 72.97% based on its latest 2016Q4 regulatory filing with the SEC.

A number of research analysts have commented on DO shares. Advantus Capital Management Inc now owns 8,254 shares of the offshore drilling services provider's stock worth $138,000 after buying an additional 242 shares in the last quarter. Overall, volume was up 0.41% over the stocks normal daily volume. Systematic Fincl Management Lp has 96,640 shares. Metlife Inc (NYSE:MET) has risen 13.92% since September 16, 2016 and is uptrending. It has underperformed by 6.99% the S&P500.

Investors sentiment increased to 0.94 in Q4 2016. Its down 0.21, from 1.09 in 2016Q3. It fall, as 53 investors sold MS shares while 267 reduced holdings. 42 funds opened positions while 68 raised stakes. 142.56 million shares or 4.41% less from 149.14 million shares in 2016Q3 were reported. Moreover, Barometer Capital Mngmt has 0.96% invested in Morgan Stanley (NYSE:MS) for 202,700 shares. Credit Agricole S A reported 2.36M shares. Mraz Amerine And Associate accumulated 37,750 shares. Wade G W reported 130,232 shares or 1.15% of all its holdings. New Jersey-based Private Advisor Grp Llc has invested 0.1% in Metlife Inc (NYSE:MET).

First Midwest Bank Trust Division increased Morgan Stanley (MS) stake by 499.66% reported in 2016Q4 SEC filing. New York State Teachers Retirement System has 124,100 shares. At Commercial Bank holds 0.08% in Metlife Inc (NYSE:MET) or 11,330 shares. Sei Invests holds 954,518 shares. Invesco accumulated 0% or 235,481 shares. Glg Lc holds 82,014 shares. The count of Hold ratings in that period was 0. Bokf Na holds 57,106 shares or 0.1% of its portfolio.

More important recent Metlife Inc (NYSE:MET) news were published by: Investmentnews.com which released: "MetLife cutting annuity pay to some of its former advisers" on September 05, 2017, also Bloomberg.com published article titled: "MetLife Wins Debt Vote as Investors Opt for Sweetened Fee", Businesswire.com published: "MetLife Completes Acquisition of Logan Circle Partners, LP" on September 15, 2017. NVGS's SI was 1.34M shares in September as released by FINRA. Moreover, King Wealth Mgmt Gp Limited Liability has 0.26% invested in Morgan Stanley (NYSE:MS) for 13,969 shares. During the same quarter in the previous year, the business earned $0.16 EPS. MET's profit will be $1.11B for 11.67 P/E if the $1.04 EPS becomes a reality. The analyst recommendations from a month ago are 3 Buy, 0 Overweight, 0 Sell, 0 Hold and 0 Underweight. Therefore 60% are positive. The stock has "Buy" rating by Zephrin Group on Monday, September 19. The firm has "Sector Weight" rating by KeyBanc Capital Markets given on Friday, October 9. FBR Capital maintained the stock with "Underperform" rating in Tuesday, August 4 report. The rating was initiated by Howard Weil with "Sector Perform" on Wednesday, September 14. The company was upgraded on Tuesday, September 1 by Wells Fargo. Creative Planning holds 0% of its portfolio in Diamond Offshore Drilling Inc (NYSE:DO) for 357 shares.

Among 29 analysts covering Diamond Offshore Drilling Inc. Diamond Offshore Drilling In now has $1.82 billion valuation. Citigroup has invested 0% in Diamond Offshore Drilling Inc (NYSE:DO). Also, the Hold rating count is 0 as of 09/14/17. The firm saw a rise in short interest of 5.94% between July 31, 2017 and August 15, 2017. Jefferies maintained Diamond Offshore Drilling Inc (NYSE:DO) on Friday, June 30 with "Hold" rating. BidaskClub downgraded Diamond Offshore Drilling from a "sell" rating to a "strong sell" rating in a research note on Friday, August 11th. Wall Street is only getting more bearish on the stock, with 4 of analysts who cover DO having a buy-equivalent rating. The firm has "Hold" rating by Jefferies given on Friday, August 25. As of December 31, 2016, the Company had a fleet of 24 offshore drilling rigs. The company was maintained on Monday, June 13 by Bank of America. The stock is performing 222.89% year to date.



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