As Teekay Tankers LTD Cl Af (TNK) Stock Value Declined, Berson & Corrado Investment Advisors Has Increased by $360,875 Its Stake; Vr Advisory Services LTD Lowered Holding in Pampa Energia S A (PAM) as Stock Rose

January 14, 2018 - By Darrin Black

Berson & Corrado Investment Advisors Llc increased its stake in Teekay Tankers Ltd Cl Af (TNK) by 84.49% based on its latest 2017Q3 regulatory filing with the SEC. Berson & Corrado Investment Advisors Llc bought 360,875 shares as the company’s stock declined 21.54% while stock markets rallied. The institutional investor held 787,988 shares of the marine transportation company at the end of 2017Q3, valued at $1.28 million, up from 427,113 at the end of the previous reported quarter. Berson & Corrado Investment Advisors Llc who had been investing in Teekay Tankers Ltd Cl Af for a number of months, seems to be bullish on the $370.12M market cap company. The stock decreased 0.72% or $0.01 during the last trading session, reaching $1.38. About 613,560 shares traded. Teekay Tankers Ltd. (NYSE:TNK) has declined 45.94% since January 14, 2017 and is downtrending. It has underperformed by 62.64% the S&P500.

Vr Advisory Services Ltd decreased its stake in Pampa Energia S A (PAM) by 32.28% based on its latest 2017Q3 regulatory filing with the SEC. Vr Advisory Services Ltd sold 341,340 shares as the company’s stock rose 26.59% with the market. The institutional investor held 716,127 shares of the central company at the end of 2017Q3, valued at $48.58 million, down from 1.06M at the end of the previous reported quarter. Vr Advisory Services Ltd who had been investing in Pampa Energia S A for a number of months, seems to be less bullish one the $5.47 billion market cap company. The stock increased 0.64% or $0.45 during the last trading session, reaching $70.49. About 316,096 shares traded or 20.13% up from the average. Pampa Energía S.A. (NYSE:PAM) has risen 176.38% since January 14, 2017 and is uptrending. It has outperformed by 159.68% the S&P500.

Among 2 analysts covering Pampa Energia SA (NYSE:PAM), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Pampa Energia SA had 2 analyst reports since October 8, 2015 according to SRatingsIntel. Santander initiated Pampa Energía S.A. (NYSE:PAM) rating on Thursday, October 8. Santander has “Buy” rating and $25 target.

Analysts await Pampa Energía S.A. (NYSE:PAM) to report earnings on March, 13. They expect $0.31 EPS, down 63.95% or $0.55 from last year’s $0.86 per share. PAM’s profit will be $24.06M for 56.85 P/E if the $0.31 EPS becomes a reality. After $0.96 actual EPS reported by Pampa Energía S.A. for the previous quarter, Wall Street now forecasts -67.71% negative EPS growth.

Vr Advisory Services Ltd, which manages about $2.52B and $181.55 million US Long portfolio, upped its stake in Carrizo Oil & Gas Inc (NASDAQ:CRZO) by 45,900 shares to 115,900 shares, valued at $2.05 million in 2017Q3, according to the filing.

Berson & Corrado Investment Advisors Llc, which manages about $396.59 million and $177.71 million US Long portfolio, decreased its stake in Ishares Tr Msci Eafe Fd (EFA) by 23,336 shares to 3,072 shares, valued at $210,000 in 2017Q3, according to the filing. It also reduced its holding in Teekay Lng Partners Lp (NYSE:TGP) by 19,816 shares in the quarter, leaving it with 300,009 shares, and cut its stake in New Residential Inv Corp.

Among 9 analysts covering Teekay Tankers (NYSE:TNK), 4 have Buy rating, 1 Sell and 4 Hold. Therefore 44% are positive. Teekay Tankers had 16 analyst reports since September 4, 2015 according to SRatingsIntel. UBS maintained it with “Buy” rating and $10.0 target in Thursday, October 22 report. The stock has “Neutral” rating by JP Morgan on Thursday, April 7. As per Tuesday, July 26, the company rating was downgraded by UBS. The rating was maintained by Seaport Global on Thursday, January 4 with “Buy”. Bank of America downgraded the shares of TNK in report on Friday, May 20 to “Underperform” rating. The rating was upgraded by UBS to “Buy” on Friday, September 4. On Wednesday, May 4 the stock rating was initiated by Seaport Global with “Buy”. Zacks downgraded the shares of TNK in report on Tuesday, September 22 to “Hold” rating. As per Tuesday, January 12, the company rating was downgraded by JP Morgan. The company was initiated on Wednesday, March 2 by Danske Bank.

Investors sentiment decreased to 0.96 in Q3 2017. Its down 0.24, from 1.2 in 2017Q2. It dropped, as 15 investors sold TNK shares while 30 reduced holdings. 19 funds opened positions while 24 raised stakes. 50.49 million shares or 8.40% less from 55.11 million shares in 2017Q2 were reported. State Bank Of Montreal Can holds 0% of its portfolio in Teekay Tankers Ltd. (NYSE:TNK) for 1,433 shares. Chicago Equity Prns Limited Company holds 0.03% of its portfolio in Teekay Tankers Ltd. (NYSE:TNK) for 519,638 shares. Citigroup owns 3,384 shares. Moreover, Virtu Finance Ltd Liability Com has 0% invested in Teekay Tankers Ltd. (NYSE:TNK). Glenmede Trust Na has 0% invested in Teekay Tankers Ltd. (NYSE:TNK) for 1,000 shares. Wells Fargo & Mn, a California-based fund reported 336,234 shares. Bridgeway Capital Mngmt accumulated 437,510 shares. Alliancebernstein Lp invested in 0% or 161,157 shares. Millennium Mgmt Lc holds 0% or 263,039 shares in its portfolio. National Bank & Trust Of Ny Mellon owns 367,147 shares. American Inc, a New York-based fund reported 81,790 shares. 118,534 were reported by Deutsche Retail Bank Ag. Manufacturers Life Com The invested in 0% or 108,710 shares. Natixis has 0% invested in Teekay Tankers Ltd. (NYSE:TNK) for 15,766 shares. Royal Bancorporation Of Canada has invested 0% in Teekay Tankers Ltd. (NYSE:TNK).

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