The hedge fund run by John Griffin held 4.44 million shares of the industrial machinery and components company at the end of 2017Q3, valued at $213.20M, up from 4.41 million at the end of the previous reported quarter. The company has a market capitalization of $76.75 billion, a P/E ratio of 1939.55 and a beta of 1.19. About 1.55 million shares traded.
Rio Tinto plc is a mining company. It has underperformed by 20.02% the S&P500. The institutional investor held 690,364 shares of the precious metals company at the end of 2017Q3, valued at $32.58M, up from 682,506 at the end of the previous reported quarter. Tide Point Capital Management Lp sold 483,564 shares as Rio Tinto Plc (RIO)'s stock declined 9.05%. The stock increased 1.41% or $0.79 during the last trading session, reaching $56.87.
The 14-day ADX for Rio Tinto Plc (RIO.L) is now at 48.61. It has outperformed by 27.03% the S&P500.
Among 21 analysts covering Rio Tinto (NYSE:RIO), 11 have Buy rating, 3 Sell and 7 Hold. Therefore 66% are positive.
In recent trading day Rio Tinto plc (RIO) stock showed the move of 0.61% with the closing price of $56.08. The company was upgraded on Friday, August 7 by Macquarie Research. The firm has "Buy" rating by Cowen & Co given on Monday, July 24. Societe Generale upgraded Rio Tinto from a "hold" rating to a "buy" rating in a report on Wednesday, November 8th. The firm has "Overweight" rating given on Monday, September 12 by JP Morgan. The firm has "Buy" rating given on Wednesday, December 6 by Raymond James. The stock of Rio Tinto plc (NYSE:RIO) earned "Buy" rating by Investec on Friday, October 30. The firm earned "Hold" rating on Friday, August 12 by Beaufort Securities. The stock has "Buy" rating by Jefferies on Thursday, August 31. The fund owned 55,767 shares of the mining company's stock after selling 46,515 shares during the period.
Shikiar Asset Management Inc, which manages about $319.33M and $230.10 million US Long portfolio, upped its stake in General Electric (NYSE:GE) by 156,005 shares to 281,480 shares, valued at $6.81 million in 2017Q3, according to the filing. Therefore 47% are positive. FRT was included in 8 notes of analysts from July 22, 2015. Moreover, Resolution Capital Ltd has 3.12% invested in the company for 546,450 shares. On Thursday, November 10 the stock rating was maintained by Cowen & Co with "Market Perform". SunTrust maintained Sensata Technologies Holding N.V. (NYSE:ST) on Wednesday, October 11 with "Buy" rating. Morgan Stanley set a GBX 3,700 ($50.18) target price on Rio Tinto and gave the company a neutral rating in a research report on Tuesday, October 17th.
Among 23 analysts covering Boeing (NYSE:BA), 15 have Buy rating, 1 Sell and 7 Hold. The rating was upgraded by IBC to "Sector Perform" on Thursday, September 29. The rating was downgraded by CLSA on Thursday, April 14 to "Underperform". "Calls" make a bet that the price of the asset will increase, while "puts" bet that the price of the asset will go decrease. Its down 0.15, from 1.28 in 2017Q2. About 2.74 million shares traded. Yhb Investment Advsr Inc owns 3,970 shares or 0.05% of their United States portfolio. (NYSE:DLR). New Mexico Educational Retirement Board stated it has 42,817 shares or 0.24% of all its holdings. Advantus Cap Mgmt holds 0.06% or 37,772 shares in its portfolio. Citigroup accumulated 36,478 shares or 0% of the stock. Jefferies Group Incorporated Ltd Co accumulated 11,882 shares. Kames Public Limited Liability Corporation invested in 0.06% or 17,298 shares. Winslow Evans Crocker holds 456 shares or 0.02% of its portfolio.
12/5/2017 - Rio Tinto had its "buy" rating reaffirmed by analysts at Deutsche Bank AG.
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