Scorpio Tankers Inc. (STNG) Reaches $18.57 After 3.00% Up Move; Carlson Capital LP Trimmed Travelers Companies (TRV) Position

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Carlson Capital LP decreased Travelers Companies Inc (TRV) stake by 7.97% reported in 2018Q4 SEC filing. Carlson Capital LP sold 12,013 shares as Travelers Companies Inc (TRV)’s stock rose 1.11%. The Carlson Capital LP holds 138,675 shares with $16.61M value, down from 150,688 last quarter. Travelers Companies Inc now has $35.46B valuation. The stock increased 1.18% or $1.57 during the last trading session, reaching $134.62. About 1.02 million shares traded. The Travelers Companies, Inc. (NYSE:TRV) has declined 4.91% since March 15, 2018 and is downtrending. It has underperformed by 9.28% the S&P500. Some Historical TRV News: 07/03/2018 – New York’s Heavy, Wet Snow Snarls Commuters, Travelers Alike; 22/05/2018 – Cintas App Helps Memorial Day Travelers Avoid ‘Spotty Potties’; 19/04/2018 – DJ Travelers Companies Inc, Inst Holders, 1Q 2018 (TRV); 19/04/2018 – Exclusive Experiences Rank Highest with Luxury Travelers According to New Survey; 14/05/2018 – Cancun Remains Popular, Puerto Rico Begins Recovery Among American Travelers This Summer, Despite Recent Travel Advisory And Hurricane Setbacks; 27/04/2018 – Rep. Langevin: Langevin Supports Legislation to Protect Air Travelers; 17/04/2018 – IATA REPORTS ABOUT 4B ’17 AIR TRAVELERS, SEES 3.8B MORE BY 2036; 30/05/2018 – With the French Taste, Areas Offers Guy Martin’s Latest Table to Travelers at Paris Aéroport; 20/03/2018 – TripAdvisor Reveals Top Destinations Around The World In 2018 Travelers’ Choice Awards; 24/04/2018 – Travelers 1Q Net Investment Income $603M

The stock of Scorpio Tankers Inc. (NYSE:STNG) is a huge mover today! The stock increased 5.63% or $0.99 during the last trading session, reaching $18.57. About 474,384 shares traded. Scorpio Tankers Inc. (NYSE:STNG) has declined 14.73% since March 15, 2018 and is downtrending. It has underperformed by 19.10% the S&P500. Some Historical STNG News: 01/05/2018 – Scorpio Tankers Inc. Announces Commitments for New Loan Facilities; 25/04/2018 – Scorpio Tankers 1Q Loss $31.8M; 17/05/2018 – Scorpio Tankers Announces Sale and Leaseback Agreements for Five Pdt Tankers; 29/05/2018 – Scorpio Tankers: Liquidity to Increase by $48M After Repayment of Debt; 29/05/2018 – Scorpio Tankers Announces Sale and Leaseback Agreements for Six MR Product Tankers; 25/04/2018 – SCORPIO TANKERS 1Q ADJ LOSS/SHR 10C, EST. LOSS/SHR 9.0C; 25/04/2018 – SCORPIO TANKERS – SIGNED TERM SHEETS OR AGREED MAIN TERMS FOR BANK LOANS AND SALE LEASEBACKS TO REFINANCE SOME OF ITS OUTSTANDING SECURED INDEBTEDNESS; 29/05/2018 – Scorpio Tankers Agrees to Sell, Lease Back Six MR Product Tankers; 29/05/2018 – SCORPIO TANKERS – WILL BAREBOAT CHARTER-IN VESSELS FOR A PERIOD OF 8 YEARS; 23/03/2018 Scorpio Tankers Inc. Announces Availability of 2017 Annual Report on Form 20-FThe move comes after 7 months positive chart setup for the $914.20M company. It was reported on Mar, 15 by Barchart.com. We have $19.13 PT which if reached, will make NYSE:STNG worth $27.43M more.

Analysts await Scorpio Tankers Inc. (NYSE:STNG) to report earnings on April, 24. They expect $0.16 EPS, up 116.00% or $1.16 from last year’s $-1 per share. STNG’s profit will be $7.88 million for 29.02 P/E if the $0.16 EPS becomes a reality. After $-0.38 actual EPS reported by Scorpio Tankers Inc. for the previous quarter, Wall Street now forecasts -142.11% EPS growth.

Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products worldwide. The company has market cap of $914.20 million. As of March 15, 2017, it owned 78 tankers comprising 22 LR2 tankers, 14 Handymax tankers, and 42 MR tankers with an average age of approximately 2.3 years; and 19 time chartered-in tankers, including 9 Handymax, 8 MR, 1 LR1, and 1 LR2 tankers. It currently has negative earnings.

More notable recent Scorpio Tankers Inc. (NYSE:STNG) news were published by: Seekingalpha.com which released: “Scorpio Tankers Q4 2018 Earnings Preview – Seeking Alpha” on February 13, 2019, also Nasdaq.com with their article: “35 Shipping Companies Presenting at Capital Link’s 13th Annual International Shipping Forum Monday, April 1, 2019 in NYC – Nasdaq” published on March 11, 2019, Seekingalpha.com published: “MFGP, AZN among premarket gainers – Seeking Alpha” on February 14, 2019. More interesting news about Scorpio Tankers Inc. (NYSE:STNG) were released by: Benzinga.com and their article: “10 Biggest Price Target Changes For Monday – Benzinga” published on March 04, 2019 as well as Benzinga.com‘s news article titled: “Benzinga’s Top Upgrades, Downgrades For March 4, 2019 – Benzinga” with publication date: March 04, 2019.

Among 3 analysts covering Scorpio Tankers (NYSE:STNG), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Scorpio Tankers had 4 analyst reports since September 27, 2018 according to SRatingsIntel. The stock of Scorpio Tankers Inc. (NYSE:STNG) has “Neutral” rating given on Wednesday, January 23 by JP Morgan. The rating was upgraded by FBR Capital on Monday, March 4 to “Buy”.

More important recent The Travelers Companies, Inc. (NYSE:TRV) news were published by: Investorplace.com which released: “5 Warren Buffett Stocks You Can’t Go Wrong With – Investorplace.com” on March 08, 2019, also Investorplace.com published article titled: “7 Dow Jones Stocks to Buy – Investorplace.com”, Gurufocus.com published: “Feb 14, 2019 – The Travelers Companies Inc (TRV) Files 10-K for the Fiscal Year Ended on December 31, 2018 – GuruFocus.com” on February 14, 2019. More interesting news about The Travelers Companies, Inc. (NYSE:TRV) was released by: Businesswire.com and their article: “Travelers Announces Paying It Forward Savings Program to Help Employees Save for Retirement While Tackling Student Debt – Business Wire” with publication date: February 25, 2019.

Among 6 analysts covering Travelers Companies (NYSE:TRV), 2 have Buy rating, 1 Sell and 3 Hold. Therefore 33% are positive. Travelers Companies had 7 analyst reports since October 19, 2018 according to SRatingsIntel. The company was upgraded on Wednesday, January 9 by Barclays Capital. RBC Capital Markets downgraded it to “Sector Perform” rating and $133 target in Tuesday, December 11 report. The stock of The Travelers Companies, Inc. (NYSE:TRV) has “Underweight” rating given on Thursday, January 3 by Morgan Stanley. Wells Fargo maintained it with “Market Perform” rating and $136 target in Friday, October 19 report. Citigroup downgraded the shares of TRV in report on Friday, October 19 to “Neutral” rating.

Analysts await The Travelers Companies, Inc. (NYSE:TRV) to report earnings on April, 23. They expect $2.84 earnings per share, up 15.45% or $0.38 from last year’s $2.46 per share. TRV’s profit will be $748.06M for 11.85 P/E if the $2.84 EPS becomes a reality. After $2.13 actual earnings per share reported by The Travelers Companies, Inc. for the previous quarter, Wall Street now forecasts 33.33% EPS growth.

The Travelers Companies, Inc. (NYSE:TRV) Ratings Chart