Invesco LTD Has Increased By $8.98 Million Its Tesla (TSLA) Stake; Rpc (RES) Shorts Down By 6.68%

January 12, 2018 - By Clifton Ray

Rpc Incorporated (NYSE:RES) had a decrease of 6.68% in short interest. RES’s SI was 23.80 million shares in January as released by FINRA. Its down 6.68% from 25.50 million shares previously. With 800,600 avg volume, 30 days are for Rpc Incorporated (NYSE:RES)’s short sellers to cover RES’s short positions. The SI to Rpc Incorporated’s float is 34.06%. The stock decreased 2.81% or $0.71 during the last trading session, reaching $24.55. About 2.66M shares traded or 127.23% up from the average. RPC, Inc. (NYSE:RES) has risen 47.61% since January 12, 2017 and is uptrending. It has outperformed by 30.91% the S&P500.

Invesco Ltd increased Tesla Inc (TSLA) stake by 1.97% reported in 2017Q3 SEC filing. Invesco Ltd acquired 26,325 shares as Tesla Inc (TSLA)’s stock rose 14.18%. The Invesco Ltd holds 1.36M shares with $463.96 million value, up from 1.33 million last quarter. Tesla Inc now has $56.51B valuation. The stock decreased 0.51% or $1.73 during the last trading session, reaching $336.22. About 4.77 million shares traded. Tesla, Inc. (NASDAQ:TSLA) has risen 44.43% since January 12, 2017 and is uptrending. It has outperformed by 27.73% the S&P500.

Invesco Ltd decreased Analogic Corp (NASDAQ:ALOG) stake by 91,147 shares to 45,264 valued at $3.79 million in 2017Q3. It also reduced Teletech Holdings Inc (NASDAQ:TTEC) stake by 41,837 shares and now owns 263,208 shares. Taylor Morrison Home Corp (NYSE:TMHC) was reduced too.

Among 34 analysts covering Tesla Motors Inc (NASDAQ:TSLA), 11 have Buy rating, 10 Sell and 13 Hold. Therefore 32% are positive. Tesla Motors Inc had 118 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Cowen & Co with “Sell” on Friday, October 20. Stifel Nicolaus maintained the shares of TSLA in report on Saturday, August 15 with “Buy” rating. The rating was maintained by Deutsche Bank on Monday, March 20 with “Hold”. As per Tuesday, June 28, the company rating was downgraded by Argus Research. S&P Research maintained it with “Sell” rating and $225 target in Friday, August 14 report. Nomura initiated Tesla, Inc. (NASDAQ:TSLA) on Tuesday, October 3 with “Buy” rating. The rating was maintained by Nomura with “Buy” on Thursday, November 9. As per Thursday, February 11, the company rating was maintained by Credit Suisse. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Thursday, June 23 report. The company was maintained on Tuesday, April 5 by Credit Suisse.

Since August 1, 2017, it had 0 insider buys, and 8 insider sales for $19.84 million activity. Another trade for 2,190 shares valued at $703,781 was sold by Musk Kimbal. Branderiz Eric sold $34,661 worth of stock or 99 shares. On Wednesday, December 13 the insider FIELD JOHN DOUGLAS sold $476,944. $15.24M worth of stock was sold by Jurvetson Stephen T on Tuesday, August 22.

Investors sentiment increased to 1.3 in Q3 2017. Its up 0.03, from 1.27 in 2017Q2. It is positive, as 93 investors sold TSLA shares while 134 reduced holdings. 73 funds opened positions while 223 raised stakes. 93.25 million shares or 1.29% more from 92.06 million shares in 2017Q2 were reported. Lpl Financial Limited Liability Corporation has invested 0.05% of its portfolio in Tesla, Inc. (NASDAQ:TSLA). Whittier holds 28,102 shares or 0.35% of its portfolio. The Illinois-based Blair William & Il has invested 0.03% in Tesla, Inc. (NASDAQ:TSLA). Mitsubishi Ufj Securities Hldgs reported 1,050 shares stake. Winslow Evans Crocker Inc invested in 0.01% or 50 shares. Westpac Bk holds 0.16% of its portfolio in Tesla, Inc. (NASDAQ:TSLA) for 21,840 shares. Scotia reported 5,129 shares. Moreover, Caisse De Depot Et Placement Du Quebec has 0% invested in Tesla, Inc. (NASDAQ:TSLA). M&T Bancorp Corp accumulated 10,042 shares or 0.02% of the stock. Menlo Advisors Lc invested in 0.65% or 2,525 shares. Pictet Asset Mngmt, a United Kingdom-based fund reported 197,998 shares. Raymond James Fincl Ser Inc owns 30,110 shares or 0.07% of their US portfolio. Vantage Inv Advsr Limited Liability has 1,995 shares for 0.17% of their portfolio. Bank & Trust Of Nova Scotia Tru owns 0% invested in Tesla, Inc. (NASDAQ:TSLA) for 70 shares. Mirae Asset Global Invests Limited holds 0.07% in Tesla, Inc. (NASDAQ:TSLA) or 11,193 shares.

RPC, Inc. provides a range of oilfield services and equipment for gas and oil companies involved in the exploration, production, and development of gas and oil properties in the United States, Africa, Canada, Argentina, China, Mexico, Eastern Europe, Latin America, and the Middle East. The company has market cap of $5.32 billion. The firm operates in two divisions, Technical Services and Support Services. It has a 64.61 P/E ratio. The Technical Services segment offers pressure pumping, fracturing, acidizing, downhole tools, coiled tubing, snubbing, nitrogen, well control, wireline, and fishing services that are used in the completion, production, and maintenance of gas and oil wells.

Investors sentiment decreased to 0.94 in 2017 Q3. Its down 0.05, from 0.99 in 2017Q2. It dived, as 29 investors sold RPC, Inc. shares while 69 reduced holdings. 42 funds opened positions while 50 raised stakes. 80.91 million shares or 2.04% more from 79.30 million shares in 2017Q2 were reported. 8,712 were reported by Raymond James Fincl Service Advsr. Brown Advisory holds 0% or 9,300 shares in its portfolio. Chicago Equity Partners Ltd Liability Company holds 0.7% of its portfolio in RPC, Inc. (NYSE:RES) for 898,310 shares. Meeder Asset Mngmt owns 29,172 shares. Employees Retirement Sys Of Texas has invested 0.07% in RPC, Inc. (NYSE:RES). Hsbc Public Ltd Company invested 0% of its portfolio in RPC, Inc. (NYSE:RES). Dana Advisors Inc invested in 0.09% or 81,262 shares. Thrivent Financial For Lutherans invested in 0.04% or 407,200 shares. Waddell & Reed Finance Inc accumulated 4.37M shares. Sheets Smith Wealth Mngmt owns 13,462 shares. Scout Invs invested in 568,573 shares or 0.39% of the stock. Farmers & Merchants owns 235 shares. Pettee Investors owns 27,909 shares for 0.45% of their portfolio. Citigroup owns 3,187 shares or 0% of their US portfolio. Invesco Ltd stated it has 0% in RPC, Inc. (NYSE:RES).

Among 24 analysts covering RPC (NYSE:RES), 7 have Buy rating, 1 Sell and 16 Hold. Therefore 29% are positive. RPC had 72 analyst reports since August 14, 2015 according to SRatingsIntel. The firm earned “In-Line” rating on Thursday, December 7 by Evercore. Citigroup maintained it with “Neutral” rating and $15 target in Friday, March 18 report. SunTrust initiated the shares of RES in report on Wednesday, January 18 with “Buy” rating. Jefferies maintained RPC, Inc. (NYSE:RES) rating on Monday, August 28. Jefferies has “Buy” rating and $26.0 target. Cowen & Co downgraded the shares of RES in report on Thursday, January 19 to “Market Perform” rating. FBR Capital maintained RPC, Inc. (NYSE:RES) rating on Monday, September 21. FBR Capital has “Market Perform” rating and $11 target. The stock of RPC, Inc. (NYSE:RES) earned “Hold” rating by Piper Jaffray on Sunday, September 17. Nomura upgraded the stock to “Buy” rating in Tuesday, January 17 report. The firm has “Hold” rating given on Thursday, January 4 by Jefferies. SunTrust downgraded the stock to “Neutral” rating in Monday, August 24 report.

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