TIM Participacoes SA (ADR) (TSU) Reaches $17.60 After 3.00% Up Move; Old West Investment Management Cut U S G (USG) Holding By $510,216

August 9, 2017 - By Richard Conner

The stock of TIM Participacoes SA (ADR) (NYSE:TSU) is a huge mover today! About 402,020 shares traded. TIM Participacoes SA (ADR) (NYSE:TSU) has risen 48.97% since August 9, 2016 and is uptrending. It has outperformed by 32.27% the S&P500.The move comes after 6 months positive chart setup for the $8.56B company. It was reported on Aug, 9 by Barchart.com. We have $18.13 PT which if reached, will make NYSE:TSU worth $256.80M more.

Old West Investment Management Llc decreased U S G Corp (USG) stake by 60.37% reported in 2016Q4 SEC filing. Old West Investment Management Llc sold 18,222 shares as U S G Corp (USG)’s stock declined 12.55%. The Old West Investment Management Llc holds 11,963 shares with $345,000 value, down from 30,185 last quarter. U S G Corp now has $3.84B valuation. The stock declined 0.48% or $0.13 reaching $26.76 per share. About 191,016 shares traded. USG Corporation (NYSE:USG) has risen 0.17% since August 9, 2016 and is uptrending. It has underperformed by 16.53% the S&P500.

TIM Participacoes S.A. is a provider of mobile telecommunication services in Brazil. The company has market cap of $8.56 billion. The Company, through its subsidiaries in various telecommunications markets, operates mobile, fixed and long distance telephony, data transmission and ultra-broadband services. It has a 29.63 P/E ratio. The Company’s direct subsidiaries include TIM Celular S.A., which provides landline telephone services (commuted fixed telephonic service (STFC))-domestic long distance and international long distance voice services, personal mobile service (SMP) and multimedia communication service (multimedia service of communication (SCM)) in all Brazilian states and in the Federal District, and Intelig Telecomunicacoes Ltda., which provides STFC-local voices services and SCM services in all Brazilian states and in the Federal District.

Among 6 analysts covering TIM Participacoes (NYSE:TSU), 4 have Buy rating, 1 Sell and 1 Hold. Therefore 67% are positive. TIM Participacoes had 18 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was downgraded by Barclays Capital on Tuesday, October 6 to “Equal-Weight”. On Wednesday, July 27 the stock rating was maintained by Barclays Capital with “Equalweight”. The company was upgraded on Monday, October 17 by Barclays Capital. The company was downgraded on Friday, August 21 by Bank of America. Goldman Sachs downgraded TIM Participacoes SA (ADR) (NYSE:TSU) on Friday, December 18 to “Sell” rating. Barclays Capital maintained TIM Participacoes SA (ADR) (NYSE:TSU) on Thursday, July 27 with “Overweight” rating. Bank of America upgraded the stock to “Buy” rating in Tuesday, July 26 report. On Friday, May 26 the stock rating was upgraded by JP Morgan to “Overweight”. The firm has “Hold” rating by RBC Capital Markets given on Monday, July 31. The stock of TIM Participacoes SA (ADR) (NYSE:TSU) has “Neutral” rating given on Wednesday, August 5 by JP Morgan.

Among 18 analysts covering USG Corporation (NYSE:USG), 4 have Buy rating, 2 Sell and 12 Hold. Therefore 22% are positive. USG Corporation had 41 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Friday, October 23 with “Sector Perform”. The stock has “Hold” rating by Jefferies on Thursday, July 13. RBC Capital Markets maintained it with “Buy” rating and $3500 target in Thursday, June 15 report. Macquarie Research downgraded the stock to “Neutral” rating in Wednesday, March 29 report. On Friday, August 26 the stock rating was initiated by Citigroup with “Neutral”. The company was maintained on Monday, July 17 by RBC Capital Markets. Goldman Sachs maintained USG Corporation (NYSE:USG) on Wednesday, May 4 with “Neutral” rating. Wedbush maintained the stock with “Neutral” rating in Thursday, October 27 report. Wedbush maintained the shares of USG in report on Wednesday, July 6 with “Neutral” rating. The stock of USG Corporation (NYSE:USG) has “Sector Perform” rating given on Monday, February 8 by RBC Capital Markets.

Investors sentiment increased to 0.88 in 2016 Q4. Its up 0.04, from 0.84 in 2016Q3. It increased, as 33 investors sold USG shares while 81 reduced holdings. 37 funds opened positions while 63 raised stakes. 124.79 million shares or 2.48% more from 121.78 million shares in 2016Q3 were reported. Punch & Assocs Investment Mngmt stated it has 0.3% in USG Corporation (NYSE:USG). 421 were reported by Acadian Asset Management Lc. Bokf Na accumulated 9,156 shares. Hightower Advsr Limited Liability Co invested 0.02% in USG Corporation (NYSE:USG). Ruggie Group Inc has 0.03% invested in USG Corporation (NYSE:USG) for 1,000 shares. Alps Advisors holds 0% or 15,719 shares. First Quadrant Lp Ca holds 0.1% or 167,882 shares. Moreover, Guggenheim Lc has 0% invested in USG Corporation (NYSE:USG) for 26,831 shares. 25,247 are owned by Clinton Gp. Blackrock Group Inc Ltd, a United Kingdom-based fund reported 67,202 shares. Daiwa Securities Gp Incorporated holds 0.01% of its portfolio in USG Corporation (NYSE:USG) for 72,400 shares. Voloridge Inv Management Limited Liability Corp reported 24,568 shares. Blackrock Advsr Ltd invested in 52,317 shares. Cubist Systematic Strategies Ltd Company holds 0.02% of its portfolio in USG Corporation (NYSE:USG) for 10,168 shares. London Commerce Of Virginia has 6.66 million shares for 1.32% of their portfolio.