Tronox Limited (TROX) Trades at $18.60 After Triangle; Icahn Enterprises LP (IEP) Has 1.24 Sentiment

May 18, 2018 - By Mary Manson

Tronox Limited (NYSE:TROX) Logo

Tronox Limited (TROX) formed triangle with $19.90 target or 7.00% above today’s $18.60 share price. Tronox Limited (TROX) has $2.28 billion valuation. The stock increased 0.30% or $0.06 during the last trading session, reaching $18.6. About 227,723 shares traded. Tronox Limited (NYSE:TROX) has risen 9.88% since May 18, 2017 and is uptrending. It has underperformed by 1.67% the S&P500.

Icahn Enterprises LP (IEP) investors sentiment increased to 1.24 in 2017 Q4. It’s up 0.36, from 0.88 in 2017Q3. The ratio is better, as 31 investment managers increased and opened new positions, while 25 decreased and sold their holdings in Icahn Enterprises LP. The investment managers in our database now hold: 169.13 million shares, up from 164.45 million shares in 2017Q3. Also, the number of investment managers holding Icahn Enterprises LP in top ten positions decreased from 3 to 2 for a decrease of 1. Sold All: 7 Reduced: 18 Increased: 20 New Position: 11.

Among 10 analysts covering Tronox (NYSE:TROX), 8 have Buy rating, 1 Sell and 1 Hold. Therefore 80% are positive. Tronox had 23 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by UBS on Friday, March 2 with “Sell”. The firm has “Overweight” rating by JP Morgan given on Thursday, January 25. As per Thursday, November 9, the company rating was maintained by UBS. Alembic maintained the shares of TROX in report on Monday, June 26 with “Buy” rating. The firm has “Sell” rating by UBS given on Wednesday, April 6. The firm earned “Buy” rating on Monday, July 31 by Alembic. Alembic maintained Tronox Limited (NYSE:TROX) rating on Thursday, March 1. Alembic has “Buy” rating and $35.0 target. B. Riley & Co downgraded Tronox Limited (NYSE:TROX) on Thursday, August 6 to “Neutral” rating. The rating was maintained by Alembic with “Buy” on Tuesday, August 8. UBS maintained Tronox Limited (NYSE:TROX) on Friday, October 13 with “Sell” rating.

Investors sentiment increased to 2.06 in 2017 Q4. Its up 0.92, from 1.14 in 2017Q3. It increased, as 19 investors sold Tronox Limited shares while 35 reduced holdings. 47 funds opened positions while 64 raised stakes. 81.33 million shares or 29.62% more from 62.74 million shares in 2017Q3 were reported. Putnam Invs Limited Liability Co stated it has 0.01% of its portfolio in Tronox Limited (NYSE:TROX). Teacher Retirement Sys Of Texas owns 0% invested in Tronox Limited (NYSE:TROX) for 30,006 shares. Corsair Capital Management L P owns 822,600 shares for 3.01% of their portfolio. Tide Point Mngmt Ltd Partnership stated it has 2.36% in Tronox Limited (NYSE:TROX). Ancora Limited Com accumulated 121,985 shares. Messner & Smith Theme Value Invest Mgmt Limited Ca holds 1.43% or 43,609 shares. New York-based Jane Street Gp Lc has invested 0% in Tronox Limited (NYSE:TROX). 305 were accumulated by Royal Fincl Bank Of Canada. Legal General Public Limited Com reported 21,811 shares. Product Ptnrs Ltd Liability Corp invested in 217,100 shares. Fmr Limited Liability stated it has 13.44 million shares. Hbk Invests Ltd Partnership accumulated 0.07% or 383,800 shares. Point72 Asset Management L P reported 0.03% in Tronox Limited (NYSE:TROX). Regions Fincl holds 0% or 419 shares in its portfolio. Paloma Ptnrs has 0% invested in Tronox Limited (NYSE:TROX) for 15,213 shares.

Analysts await Tronox Limited (NYSE:TROX) to report earnings on August, 14. They expect $0.22 EPS, up 144.44% or $0.13 from last year’s $0.09 per share. TROX’s profit will be $26.94 million for 21.14 P/E if the $0.22 EPS becomes a reality. After $0.01 actual EPS reported by Tronox Limited for the previous quarter, Wall Street now forecasts 2,100.00% EPS growth.

The stock increased 0.59% or $0.4 during the last trading session, reaching $67.85. About 12,435 shares traded. Icahn Enterprises L.P. (IEP) has risen 11.77% since May 18, 2017 and is uptrending. It has outperformed by 0.22% the S&P500.

Icahn Enterprises L.P., through its subsidiaries, operates in investment, automotive, energy, metals, railcar, gaming, metals, mining, food packaging, real estate, and home fashion businesses in the United States, Germany, and Internationally. The company has market cap of $12.09 billion. The Company’s Investment segment operates various private investment funds. It has a 4.59 P/E ratio. The companyÂ’s Automotive segment supplies a range of components, accessories, and systems to the automotive, small engine, heavy-duty, marine, railroad, agricultural, off-road, aerospace and energy, industrial, and transport markets; and distributes automotive parts, as well as operates automotive retail, and service and tire centers.

Icahn Enterprises L.P. (NASDAQ:IEP) Institutional Positions Chart

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