Tenaris (TS) Shareholder Westwood Global Investments LLC Decreased Its Stake

Tenaris S.A. (NYSE:TS) Corporate Logo

In 2018Q4 SEC filling is reported Westwood Global Investments Llc’s stake in Tenaris (TS) which was decreased by 14.99%. By selling 1.17M shares Westwood Global Investments Llc made the stock popped up with 5.25%. The steel and iron ore company reported $165.94 million value for the 2018Q4. Now the institutional investor is holding 6.65 million shares, compared to the 7.82 million from the previous quarter. For a total of 281,415 shares it increased its holding in Check Point Software (NASDAQ:CHKP) by 87,190 shares in the quarter, and has risen its stake in Bhp Billiton Limited (NYSE:BHP).

Tenaris S.A. (NYSE:TS)’s earnings report is expected on April, 25., as reported by Faxor. Last year’s EPS was $0.4, while now analysts expect change of 5.00 % up from current $0.42 EPS. If TS’s EPS is $0.42 the profit will be $247.85M for 16.64 P/E. 10.53 % EPS growth is what analysts predict. $0.38 EPS was revealed for last quarter.

More recent Tenaris S.A. (NYSE:TS) news were announced by Seekingalpha.com, Benzinga.com and Bizjournals.com. The first one has “Tenaris Has The Right Ammo To Stay Steady – Seeking Alpha” as a title and was announced on February 27, 2019. The next is “Benzinga’s Top Upgrades, Downgrades For March 26, 2019 – Benzinga” on March 26, 2019. And last was announced on March 22, 2019, called “International steel co. Tenaris inks $1.2B deal for TMK’s U.S. subsidiary – Houston Business Journal”.

Tenaris S.A. (NYSE:TS) Ratings Coverage

In total 4 analysts cover Tenaris (NYSE:TS). “Buy” rating has 3, “Sell” are 0, while 1 are “Hold”. (NYSE:TS) has 75% bullish analysts. 5 are the (NYSE:TS)’s ratings reports on Mar 28, 2019 according to StockzIntelligence Inc. On Friday, January 18 the rating was upgraded by Citigroup to “Buy”. On Monday, February 25 the firm has “Buy” rating given by Barclays Capital. In Friday, December 7 report UBS maintained the stock with “Neutral” rating. On Friday, March 1 the rating was maintained by Morgan Stanley with “Buy”.

Tenaris S.A. (NYSE:TS) Analyst Ratings Chart

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