Key Group Holdings Cayman LTD Increased Its Hess (HES) Stake; Shorts at GN GREAT NORDIC LTD (GGNDF) Lowered By 63.69%

October 6, 2017 - By test

Key Group Holdings Cayman Ltd increased Hess Corp (HES) stake by 160.01% reported in 2017Q2 SEC filing. Key Group Holdings Cayman Ltd acquired 1.37 million shares as Hess Corp (HES)’s stock declined 5.45%. The Key Group Holdings Cayman Ltd holds 2.22M shares with $97.44M value, up from 854,230 last quarter. Hess Corp now has $14.17 billion valuation. The stock decreased 2.02% or $0.92 during the last trading session, reaching $44.59. About 4.69 million shares traded or 23.10% up from the average. Hess Corp. (NYSE:HES) has declined 14.55% since October 6, 2016 and is downtrending. It has underperformed by 31.25% the S&P500.

GN GREAT NORDIC LTD (OTCMKTS:GGNDF) had a decrease of 63.69% in short interest. GGNDF’s SI was 646,100 shares in October as released by FINRA. Its down 63.69% from 1.78M shares previously. With 400 avg volume, 1615 days are for GN GREAT NORDIC LTD (OTCMKTS:GGNDF)’s short sellers to cover GGNDF’s short positions. The stock decreased 0.44% or $0.15 on October 6, reaching $33.75. About 500 shares traded or 455.56% up from the average. GN Store Nord A S-Ord Shs (OTCMKTS:GGNDF) has 0.00% since October 6, 2016 and is . It has underperformed by 16.70% the S&P500.

GN Store Nord A/S is a Denmark-based firm active in the communications industry. The company has market cap of $4.94 billion. The Firm is active through two main divisions: GN Netcom and GN ReSound. It currently has negative earnings. GN Netcom develops and markets a range of wireless headsets and in-car speakerphones for mobile users and both wireless and corded headsets for contact centre and office users, under the Jabra brand.

Key Group Holdings Cayman Ltd decreased Southwestern Energy Co (NYSE:SWN) stake by 2.77M shares to 6.47M valued at $39.36 million in 2017Q2. It also reduced Arch Coal Inc stake by 45,096 shares and now owns 553,516 shares. Parsley Energy Inc (NYSE:PE) was reduced too.

Among 22 analysts covering Hess Corp. (NYSE:HES), 9 have Buy rating, 0 Sell and 13 Hold. Therefore 41% are positive. Hess Corp. had 47 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Hess Corp. (NYSE:HES) earned “Accumulate” rating by KLR Group on Monday, September 12. The firm has “Outperform” rating by Credit Suisse given on Wednesday, July 22. Cowen & Co maintained Hess Corp. (NYSE:HES) rating on Monday, July 10. Cowen & Co has “Hold” rating and $5500 target. The stock of Hess Corp. (NYSE:HES) has “Equal-Weight” rating given on Wednesday, April 27 by Capital One. The firm has “Neutral” rating given on Wednesday, December 9 by JP Morgan. Citigroup maintained the shares of HES in report on Monday, September 14 with “Buy” rating. The company was maintained on Thursday, April 7 by Citigroup. The stock of Hess Corp. (NYSE:HES) earned “Hold” rating by BMO Capital Markets on Friday, September 1. The stock of Hess Corp. (NYSE:HES) earned “Neutral” rating by JP Morgan on Thursday, September 14. The stock of Hess Corp. (NYSE:HES) earned “Hold” rating by BMO Capital Markets on Friday, June 16.