Inca Investments Cut Its Ternium (TX) Stake; 4 Analysts Covering Stepan Company (SCL)

November 14, 2017 - By Ellis Scott

Inca Investments Llc decreased Ternium (TX) stake by 79.76% reported in 2017Q2 SEC filing. Inca Investments Llc sold 1.02 million shares as Ternium (TX)’s stock rose 9.85%. The Inca Investments Llc holds 258,100 shares with $7.25 million value, down from 1.28M last quarter. Ternium now has $5.44B valuation. The stock declined 4.10% or $1.16 reaching $27.13 per share. About 279,378 shares traded. Ternium SA (ADR) (NYSE:TX) has risen 39.67% since November 14, 2016 and is uptrending. It has outperformed by 22.97% the S&P500.

Among 7 analysts covering Stepan Co (NYSE:SCL), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Stepan Co had 12 analyst reports since August 26, 2015 according to SRatingsIntel. Industrial Alliance Securities upgraded the shares of SCL in report on Monday, May 29 to “Strong Buy” rating. Seaport Global maintained the stock with “Neutral” rating in Wednesday, August 24 report. The rating was upgraded by National Bank Canada on Monday, August 15 to “Outperform”. On Friday, September 1 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. See Stepan Company (NYSE:SCL) latest ratings:

22/09/2017 Broker: TD Securities Rating: Buy New Target: $33.00 Target
01/09/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
29/05/2017 Broker: Industrial Alliance Securities Old Rating: Buy New Rating: Strong Buy New Target: $41.00 Upgrade

Analysts await Ternium SA (ADR) (NYSE:TX) to report earnings on February, 20. They expect $0.95 EPS, up 58.33% or $0.35 from last year’s $0.6 per share. TX’s profit will be $190.49M for 7.14 P/E if the $0.95 EPS becomes a reality. After $0.99 actual EPS reported by Ternium SA (ADR) for the previous quarter, Wall Street now forecasts -4.04% negative EPS growth.

Among 6 analysts covering Ternium (NYSE:TX), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive. Ternium had 11 analyst reports since August 10, 2015 according to SRatingsIntel. Morgan Stanley downgraded the shares of TX in report on Monday, May 9 to “Equal-Weight” rating. The stock has “Buy” rating by HSBC on Friday, May 13. The rating was upgraded by Morgan Stanley to “Overweight” on Monday, December 7. As per Wednesday, February 24, the company rating was upgraded by Citigroup. The stock of Ternium SA (ADR) (NYSE:TX) earned “Hold” rating by HSBC on Wednesday, November 9. Goldman Sachs initiated the shares of TX in report on Monday, August 10 with “Buy” rating.

Stepan Company produces specialty and intermediate chemicals, which are sold to other manufacturers and used in a range of end products. The company has market cap of $1.78 billion. The Firm operates through three divisions: Surfactants, Polymers and Specialty Products. It has a 20.08 P/E ratio. The Company’s principal markets include manufacturers of cleaning and washing compounds , paints, cosmetics, food, beverages, nutritional supplements, agricultural products and plastics.

About 49,703 shares traded. Stepan Company (NYSE:SCL) has risen 47.84% since November 14, 2016 and is uptrending. It has outperformed by 31.14% the S&P500.

Investors sentiment increased to 1.41 in Q2 2017. Its up 0.22, from 1.19 in 2017Q1. It increased, as 16 investors sold Stepan Company shares while 53 reduced holdings. 30 funds opened positions while 67 raised stakes. 13.86 million shares or 1.05% more from 13.72 million shares in 2017Q1 were reported. Hanseatic Mngmt Service Incorporated accumulated 12 shares or 0% of the stock. Martingale Asset Mgmt Limited Partnership holds 0.1% or 81,623 shares in its portfolio. 2.15M were reported by Vanguard Gru. Stevens Capital Ltd Partnership has invested 0.02% of its portfolio in Stepan Company (NYSE:SCL). Arizona State Retirement Sys reported 10,245 shares. Teachers Retirement Sys Of The State Of Kentucky stated it has 7,500 shares. Cibc Mkts owns 7,328 shares for 0% of their portfolio. Louisiana State Employees Retirement Sys has 8,000 shares for 0.03% of their portfolio. Walthausen Limited Liability has 0.78% invested in Stepan Company (NYSE:SCL) for 91,005 shares. Cubist Systematic Strategies Ltd Llc, a Connecticut-based fund reported 2,648 shares. The Connecticut-based Matarin Cap Management Ltd Liability Corp has invested 0% in Stepan Company (NYSE:SCL). Moreover, Ny State Teachers Retirement has 0.01% invested in Stepan Company (NYSE:SCL) for 40,885 shares. 1,696 were accumulated by Ameritas Prtnrs. Sei Invs Com reported 4,627 shares stake. Price T Rowe Md reported 177,069 shares or 0% of all its holdings.

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