Atwood Oceanics, Inc. (ATW) Reaches $7.94 After 6.00% Down Move; Equity Residential (EQR) Shorts Up By 13.11%

Equity Residential (NYSE:EQR) had an increase of 13.11% in short interest. EQR’s SI was 8.66M shares in April as released by FINRA. Its up 13.11% from 7.66M shares previously. With 2.20M avg volume, 4 days are for Equity Residential (NYSE:EQR)’s short sellers to cover EQR’s short positions. The SI to Equity Residential’s float is 2.39%. About 877,535 shares traded. Equity Residential (NYSE:EQR) has risen 2.09% since September 9, 2016 and is uptrending. It has underperformed by 8.31% the S&P500.

The stock of Atwood Oceanics, Inc. (NYSE:ATW) is a huge mover today! About 744,552 shares traded. Atwood Oceanics, Inc. (NYSE:ATW) has risen 6.29% since September 9, 2016 and is uptrending. It has underperformed by 4.10% the S&P500.The move comes after 8 months negative chart setup for the $608.18M company. It was reported on Apr, 18 by Barchart.com. We have $7.46 PT which if reached, will make NYSE:ATW worth $36.49 million less.

Since December 7, 2016, it had 0 insider purchases, and 11 sales for $9.81 million activity. On Wednesday, December 14 ZELL SAMUEL sold $6.95M worth of Equity Residential (NYSE:EQR) or 110,542 shares. WHITE B JOSEPH had sold 5,700 shares worth $361,756. On Wednesday, December 28 Santee David S sold $188,256 worth of Equity Residential (NYSE:EQR) or 3,000 shares. 1,421 shares were sold by Kaufman Ian, worth $85,914 on Tuesday, February 7. $92,027 worth of Equity Residential (NYSE:EQR) was sold by Manelis Michael L. $89,481 worth of Equity Residential (NYSE:EQR) shares were sold by Brackenridge Alexander. Another trade for 355 shares valued at $21,463 was sold by Sorenson Christa L.

Equity Residential is a real estate investment trust. The company has market cap of $23.92 billion. The Company’s primary business is the acquisition, development and management of multifamily residential properties. It has a 5.13 P/E ratio. The Company’s divisions include Boston, New York, Washington D.C., Southern California, San Francisco, Seattle and Other Markets.

Among 19 analysts covering Equity Residential (NYSE:EQR), 3 have Buy rating, 1 Sell and 15 Hold. Therefore 16% are positive. Equity Residential had 42 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Citigroup given on Wednesday, March 30. Barclays Capital maintained the shares of EQR in report on Wednesday, August 5 with “Equal Weight” rating. The stock of Equity Residential (NYSE:EQR) earned “Buy” rating by Mizuho on Tuesday, October 27. Argus Research maintained the stock with “Buy” rating in Monday, November 23 report. The firm has “Equal-Weight” rating by Morgan Stanley given on Tuesday, December 13. The stock of Equity Residential (NYSE:EQR) has “Neutral” rating given on Tuesday, January 10 by Janney Capital. Mizuho upgraded it to “Neutral” rating and $62 target in Monday, October 31 report. On Wednesday, August 10 the stock rating was maintained by Deutsche Bank with “Hold”. On Tuesday, September 15 the stock rating was initiated by JMP Securities with “Market Outperform”. RBC Capital Markets maintained it with “Sector Perform” rating and $85 target in Monday, February 8 report.

Investors sentiment increased to 0.87 in 2016 Q4. Its up 0.08, from 0.79 in 2016Q3. It is positive, as 52 investors sold Equity Residential shares while 169 reduced holdings. 56 funds opened positions while 136 raised stakes. 339.21 million shares or 0.51% less from 340.93 million shares in 2016Q3 were reported. Nj State Employees Deferred Compensation Plan invested 0.19% of its portfolio in Equity Residential (NYSE:EQR). Advsr Asset Management Inc invested 0.01% in Equity Residential (NYSE:EQR). Kbc Gru Nv invested 0.49% of its portfolio in Equity Residential (NYSE:EQR). Old Mutual Customised Solutions (Proprietary) Ltd stated it has 0.13% in Equity Residential (NYSE:EQR). Northwestern Mutual Wealth Mgmt stated it has 3,160 shares. Blackrock Institutional Co Na holds 0.13% or 14.00M shares in its portfolio. Jacobs Levy Equity Management reported 0.06% in Equity Residential (NYSE:EQR). State Treasurer State Of Michigan owns 119,603 shares. Alpine Woods Capital Invsts Ltd stated it has 69,610 shares or 0.25% of all its holdings. Pggm Investments holds 2.43% or 7.39 million shares. Ftb Advisors Inc reported 584 shares. Bridges Counsel holds 8,900 shares or 0.14% of its portfolio. 500 are owned by Salem Counselors Inc. Hsbc Hldg Public Limited Co stated it has 717,309 shares. Magnetar Fincl Ltd Liability Co holds 0.01% of its portfolio in Equity Residential (NYSE:EQR) for 7,539 shares.

Atwood Oceanics, Inc. is an offshore drilling firm engaged in the drilling and completion of exploration and development wells for the global gas and oil industry. The company has market cap of $608.18 million. The Firm owns various types of drilling rigs, such as Ultra-Deepwater Rigs, Deepwater Semisubmersibles and Jackups. It has a 2.18 P/E ratio. The Company’s Ultra-deepwater Rigs and Deepwater Semisubmersibles include Atwood Achiever, Atwood Archer, Atwood Admiral, Atwood Advantage, Atwood Condor, Atwood Eagle and Atwood Osprey.

Among 26 analysts covering Atwood Oceanics (NYSE:ATW), 3 have Buy rating, 5 Sell and 18 Hold. Therefore 12% are positive. Atwood Oceanics had 62 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Atwood Oceanics, Inc. (NYSE:ATW) has “Sell” rating given on Thursday, July 14 by Seaport Global. The company was upgraded on Friday, December 4 by Barclays Capital. The company was downgraded on Friday, March 11 by Goldman Sachs. The stock has “Neutral” rating by Clarkson Capital on Thursday, September 22. KLR initiated Atwood Oceanics, Inc. (NYSE:ATW) on Monday, December 14 with “Hold” rating. As per Thursday, September 22, the company rating was upgraded by Clarksons Platou. Macquarie Research maintained Atwood Oceanics, Inc. (NYSE:ATW) rating on Friday, February 5. Macquarie Research has “Neutral” rating and $7 target. The stock of Atwood Oceanics, Inc. (NYSE:ATW) earned “Sector Perform” rating by Howard Weil on Thursday, February 4. Howard Weil maintained the shares of ATW in report on Friday, July 31 with “Sector Outperform” rating. The rating was initiated by RBC Capital Markets on Tuesday, October 20 with “Sector Perform”.