The Company intends to use the net proceeds from the offering, together with cash on hand or available liquidity, to purchase in a cash tender offer or otherwise redeem any and all of its outstanding $1 billion 8.25% senior notes and to pay fees, premiums, expenses and unpaid and accrued interest related to the tender offer or redemption. The average volume of a stock suggests the liquidity of a particular company. About 2.19M shares traded.
Ryan Heslop increased its stake in Noble Corp Plc (NE) by 1924.46% based on its latest 2016Q4 regulatory filing with the SEC. The Company is engaged in crude oil, natural gas and natural gas and natural gas liquids (NGLs) exploration, development, production and acquisition. Noble Corporation has a one year low of $3.27 and a one year high of $8.37. The institutional investor purchased 39,807 shares of the oil and gas development company's stock, valued at approximately $1,127,000. The Everett Harris & Company holds 73,971 shares with $1.81M value, down from 105,585 last quarter. BlackRock Inc. increased its stake in Noble Corporation by 13,598.2% in the first quarter. It has underperformed by 27.06% the S&P500. LMR Partners LLP acquired a new position in shares of Noble Corporation during the first quarter valued at about $514,000. Glob Endowment Mngmt LP holds 0.05% or 56,380 shares in its portfolio. Vanguard Group has 0.01% invested in KBR, Inc.
New Relic, Inc.is a provider of enterprise software. The stock has "Outperform" rating by Credit Suisse on Thursday, August 3. The stock declined 1.03% or $0.04 reaching $3.36 on the news. California Public Employees Retirement Sys holds 108,700 shares or 0.02% of its portfolio.
Cornerstone Capital Inc. holds 3.4% of its portfolio in Simpson Manufacturing Co, Inc. for 363,729 shares. It also reduced First Industrial Realty Trus (NYSE:FR) stake by 20,416 shares and now owns 54,613 shares.
Several other hedge funds have also recently made changes to their positions in NE. Bhr Ltd Liability Corporation reported 1.25M shares. About 3.05M shares traded. 43,976 are owned by Amer Int Grp Inc. Schwartz Inv Counsel reported 155,740 shares. Clinton Gp accumulated 87,350 shares or 0.44% of the stock. Dimensional Fund Advsrs LP has 0% invested in Central European Media Enterprises Ltd. (NASDAQ:CETV) for 531,184 shares.
Insider Trades for Noble Energy, Inc. show that the latest trade was made on 24 April 2017 where Grubman (Eric P), the Director completed a transaction type "Sell" in which 2534 shares were traded at a price of $0. Two analysts have rated the stock with a sell rating, four have issued a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company. Therefore 72% are positive. KBR Inc had 18 analyst reports since August 6, 2015 according to SRatingsIntel. Piper Jaffray downgraded the stock to "Underweight" rating in Friday, March 11 report. The stock has "Neutral" rating by Citigroup on Wednesday, March 16. (NYSE:NBL) rating on Friday, April 28. The firm has "Buy" rating by Mizuho given on Wednesday, January 18.
Is Noble Energy, Inc. (NYSE:NBL) has "Neutral" rating given on Monday, August 24 by Bank of America. Morgan Stanley upgraded Noble Corporation Ordinary Shares (UK) (NYSE:NE) on Thursday, February 2 to "Equal-Weight" rating. BidaskClub upgraded Noble Energy from a "strong sell" rating to a "sell" rating in a research report on Wednesday, June 14th. The rating was upgraded by Bank of America on Thursday, August 6 to "Neutral". Deutsche Bank has "Buy" rating and $16 target. First Manhattan Co. now owns 105,483 shares of the oil and gas company's stock worth $668,000 after buying an additional 61,325 shares in the last quarter.
Investors sentiment decreased to 1.1 in Q4 2016. Its down 0.05, from 0.85 in 2016Q3. 69 funds opened positions while 161 raised stakes. 408.41 million shares or 2.68% more from 397.76 million shares in 2016Q3 were reported. Primecap Management Ca stated it has 48,270 shares or 0% of all its holdings.
Institutional owners hold 83.50% stake while Insiders ownership held at 0.10% in the company. (NYSE:NBL). Cap Guardian has invested 0.21% in Noble Energy, Inc. Noble Enrgy Inc now has $12.16B valuation. New Jersey-based Lord Abbett Limited Liability Co has invested 0.13% in Noble Energy, Inc. 9 told the investors of the company to "Hold" stock. Ww Asset owns 40,347 shares. Sun Life Inc reported 0% stake. (NBL) is its Earnings per Share or EPS. Envestnet Asset Mgmt has 0% invested in Carter's, Inc. (NYSE:NBL) for 96,439 shares. The stock has relative volume of 0.90. Granite Investment Advisors LLC's holdings in Noble Energy were worth $228,000 as of its most recent filing with the SEC.
Noble Corporation (NYSE:NE) last announced its quarterly earnings results on Thursday, August 3rd.
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