TIM Participacoes SA (ADR) (TSU) At $15.88 Forms Top, Karpus Management Decreased Its Duff & Phelps Utility & Corporate Bond Tr (DUC) Holding

TIM Participacoes SA (ADR) (TSU) formed multiple top with $16.52 target or 4.00% above today’s $15.88 share price. TIM Participacoes SA (ADR) (TSU) has $7.59B valuation. About 80,959 shares traded. TIM Participacoes SA (ADR) (NYSE:TSU) has risen 31.80% since September 27, 2016 and is uptrending. It has outperformed by 21.24% the S&P500.

Karpus Management Inc decreased Duff & Phelps Utility & Corporate Bond Tr (DUC) stake by 3.85% reported in 2016Q4 SEC filing. Karpus Management Inc sold 68,350 shares as Duff & Phelps Utility & Corporate Bond Tr (DUC)’s stock declined 2.68%. The Karpus Management Inc holds 1.70M shares with $16.09 million value, down from 1.77M last quarter. Duff & Phelps Utility & Corporate Bond Tr now has $254.87M valuation. The stock declined 0.43% or $0.04 reaching $9.26 per share. About 1,325 shares traded. Duff & Phelps Utility & Corp Bond Trust (NYSE:DUC) has declined 3.83% since September 27, 2016 and is downtrending. It has underperformed by 14.39% the S&P500.

Karpus Management Inc increased Invesco Pa Value Mun Income Tr Com (VPV) stake by 227,186 shares to 849,420 valued at $10.33M in 2016Q4. It also upped Spdr Ser Tr Nuvn Br Sht Muni stake by 504,951 shares and now owns 1.73M shares. Vanguard Intl Equity Index Fd Allwrld Ex Us (VEU) was raised too.

Investors sentiment decreased to 0.69 in 2016 Q4. Its down 1.60, from 2.29 in 2016Q3. It dropped, as 4 investors sold DUC shares while 12 reduced holdings. 4 funds opened positions while 7 raised stakes. 9.64 million shares or 6.78% more from 9.03 million shares in 2016Q3 were reported. Doliver Advisors Inc has 18,781 shares for 0.15% of their portfolio. Tower Research Ltd Liability (Trc) invested in 0% or 350 shares. Mark Sheptoff Planning Ltd Liability Co reported 0.03% stake. Guggenheim Ltd Liability Co has 62,534 shares. Wells Fargo Communications Mn reported 0.01% of its portfolio in Duff & Phelps Utility & Corp Bond Trust (NYSE:DUC). Commonwealth Equity Inc has invested 0% in Duff & Phelps Utility & Corp Bond Trust (NYSE:DUC). Northwestern Mutual Wealth Mngmt Commerce invested in 0% or 200 shares. The Kansas-based Mariner Wealth Advsr Ltd Liability Corp has invested 0.01% in Duff & Phelps Utility & Corp Bond Trust (NYSE:DUC). Morgan Stanley owns 88,699 shares or 0% of their US portfolio. Bankshares Of America Corp De invested 0% in Duff & Phelps Utility & Corp Bond Trust (NYSE:DUC). Bartlett And Co Ltd holds 2,750 shares. Webster National Bank & Trust N A reported 3,034 shares. Raymond James Fincl Serv Advsrs invested in 24,130 shares or 0% of the stock. Reilly Fincl Advsr Llc reported 0% of its portfolio in Duff & Phelps Utility & Corp Bond Trust (NYSE:DUC). 1607 Capital Prtnrs Ltd Llc holds 1.05 million shares or 0.67% of its portfolio.

Among 6 analysts covering TIM Participacoes (NYSE:TSU), 4 have Buy rating, 1 Sell and 1 Hold. Therefore 67% are positive. TIM Participacoes had 14 analyst reports since August 5, 2015 according to SRatingsIntel. As per Monday, October 17, the company rating was upgraded by Barclays Capital. The rating was downgraded by Barclays Capital on Tuesday, October 6 to “Equal-Weight”. The stock of TIM Participacoes SA (ADR) (NYSE:TSU) earned “Neutral” rating by JP Morgan on Wednesday, August 5. The rating was upgraded by Morgan Stanley to “Overweight” on Monday, January 23. The stock of TIM Participacoes SA (ADR) (NYSE:TSU) earned “Equalweight” rating by Barclays Capital on Wednesday, July 27. The rating was downgraded by Goldman Sachs to “Sell” on Friday, December 18. The stock of TIM Participacoes SA (ADR) (NYSE:TSU) has “Buy” rating given on Tuesday, July 26 by Bank of America. The rating was downgraded by Bank of America to “Neutral” on Friday, August 21.