Laurion Capital Management Lp Upped Transocean Ltd (NYSE:RIG) Position by $11.14 Million; Price Declined

May 16, 2018 - By Benjamin Allen

Transocean Ltd. (NYSE:RIG) Corporate LogoBig Money Sentiment increased to 1.04 in Q4 2017. It has change of 0.09, from 2017Q3’s 0.95. The ratio is positive due to RIG positioning: 52 sold and 112 reduced. 69 funds amassed stakes and 101 increased stakes. Investors holded 280.42 million in 2017Q3 but now own 275.51 million shares or 1.75% less. Brown Brothers Harriman And Com invested 0% of its capital in Transocean Ltd. (NYSE:RIG). Moreover, Van Eck Assocs Corp has 0.35% invested in Transocean Ltd. (NYSE:RIG) for 6.69M shs. Boston Prns invested in 0% or 195,558 shs. Virginia Retirement System Et Al reported 0% of its capital in Transocean Ltd. (NYSE:RIG). Louisiana State Employees Retirement owns 99,000 shs for 0.05% of their capital. Point72 Asia (Hong Kong) owns 7,414 shs. Schroder Invest Management invested 0.05% in Transocean Ltd. (NYSE:RIG). Exane Derivatives reported 42,297 shs or 0.08% of all its holdings. Whittier holds 0% or 189 shs in its capital. Parametric Assocs Limited Com owns 0.01% invested in Transocean Ltd. (NYSE:RIG) for 1.36M shs. Guggenheim Limited Company owns 299,385 shs or 0.01% of their US capital. Ellington Mgmt Grp Inc Llc accumulated 38,600 shs or 0.07% of the stock. Arizona State Retirement System owns 0.03% invested in Transocean Ltd. (NYSE:RIG) for 281,564 shs. Ubs Asset Management Americas Inc stated it has 636,594 shs. Suntrust Banks Inc holds 0% or 10,673 shs in its capital.

Laurion Capital Management Lp’s stake in Transocean Ltd (NYSE:RIG) was increased by 240.05% based on its latest 2018Q1 regulatory report with the SEC. Transocean Ltd (NYSE:RIG) stock Sank 4.92% while Laurion Capital Management Lp bought 1.24M shares. Laurion Capital Management Lp is holding 1.75 million shares, compared to 515,700 last quarter. The reported value is $17.36M. $6.28B is the Transocean Ltd’s MC. The stock increased 1.57% or $0.21 during the last trading session, hitting $13.6.Transocean Ltd. has volume of 12.88 million shares. Since May 17, 2017 RIG has declined 18.26% and is downtrending. RIG underperformed by 29.81% the S&P 500.

Laurion Capital Management Lp manages about $4.98 billion and $12.41B US longs. Its stake in Dollar Gen Corp New (NYSE:DG) was reduced by 301,728 shares to 646,689 shares valued at $60.50 million in 2018Q1, according to the regulatory report. Laurion Capital Management Lp cut its stake in Bristol Myers Squibb Co (Put) (NYSE:BMY) and reduced Disney Walt Co (NYSE:DIS) position by 150,100 shares for a total of 19,900 shares.

Laurion Capital Management Lp is a New York-based hedge fund that was founded by Benjamin A. Smith. It had more than $4.98 billion assets under management in June, 2014. Taken from Laurion Capital Management latest Adv, the fund reported to have 43 full and part-time employees. Among which 24 performing investment advisory and research functions. The hedge fund had between 1-10 clients.

Transocean Ltd. (NYSE:RIG) Ratings Coverage

In total 10 analysts cover Transocean LTD (NYSE:RIG). “Buy” rating has 4, “Sell” are 1, while 5 are “Hold”. (NYSE:RIG) has 40% bullish analysts. 15 are the (NYSE:RIG)’s ratings reports on 17 May 2018 according to StockzIntelligence Inc. On Thursday, February 15 the firm has “Hold” rating given by Piper Jaffray. In Friday, January 12 report Susquehanna maintained the stock with “Hold” rating. In Wednesday, January 10 report Piper Jaffray maintained the stock with “Hold” rating. On Monday, April 30 Citigroup maintained the shares of RIG in report with “Buy” rating. On Wednesday, April 18 Bank of America maintained Transocean Ltd. (NYSE:RIG) rating. Bank of America has “Neutral” rating and $13 target. On Friday, February 16 Susquehanna maintained Transocean Ltd. (NYSE:RIG) rating. Susquehanna has “Hold” rating and $10.0 target. On Wednesday, April 4 the firm has “Buy” rating given by HSBC. On Thursday, January 11 the firm has “Hold” rating by Cowen & Co given. On Friday, January 26 the stock has “Hold” rating by RBC Capital Markets. On Thursday, December 21 the firm earned “Hold” rating by RBC Capital Markets.

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for gas and oil wells worldwide.The firm is worth $6.28 billion. The firm primarily offers deepwater and harsh environment drilling services.Last it reported negative earnings. As of February 9, 2017, it owned or had partial ownership interests in, and operated 56 mobile offshore drilling units that consist of 30 ultra-deepwater floaters, 7 harsh environment floaters, 3 deepwater floaters, 6 midwater floaters, and 10 high-specification jackups.

Transocean Ltd. (NYSE:RIG) Analyst Ratings Chart

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