Heartland Advisors INC Has Trimmed Holding in Dril (DRQ) by $3.35 Million

Investors sentiment increased to 0.85 in 2018 Q4. Its up 0.13, from 0.72 in 2018Q3. It increased, as 26 investors sold DRQ shares while 67 reduced holdings. 22 funds opened positions while 57 raised stakes. 41.54 million shares or 1.89% less from 42.34 million shares in 2018Q3 were reported. Moody Bancorp Trust Division holds 0% or 151 shares in its portfolio. Amer Century Companies Incorporated invested 0.01% in Dril-Quip, Inc. (NYSE:DRQ). Riverhead Cap Mngmt Limited holds 0.01% of its portfolio in Dril-Quip, Inc. (NYSE:DRQ) for 5,433 shares. Moreover, Bluecrest Management has 0.03% invested in Dril-Quip, Inc. (NYSE:DRQ). Fmr Limited Liability reported 1.38M shares. First Mercantile Trust holds 0.04% of its portfolio in Dril-Quip, Inc. (NYSE:DRQ) for 5,551 shares. Quantitative Invest Ltd Llc has 0.02% invested in Dril-Quip, Inc. (NYSE:DRQ). Energy Opportunities Capital Mngmt Ltd Liability Company accumulated 46,609 shares or 2.46% of the stock. Kentucky-based Teachers Retirement System Of The State Of Kentucky has invested 0% in Dril-Quip, Inc. (NYSE:DRQ). 48,397 were accumulated by Legal And General Group Inc Public Limited Liability Com. The Illinois-based Alyeska Invest LP has invested 0% in Dril-Quip, Inc. (NYSE:DRQ). Great Lakes Advsr Limited Liability Corp accumulated 171,204 shares or 0.12% of the stock. Metropolitan Life holds 0.01% of its portfolio in Dril-Quip, Inc. (NYSE:DRQ) for 21,774 shares. Nikko Asset Mgmt Americas holds 53,237 shares. D E Shaw & Company holds 0% or 101,014 shares.

Heartland Advisors Inc decreased its stake in Dril (DRQ) by 25.69% based on its latest 2018Q4 regulatory filing with the SEC. Heartland Advisors Inc sold 111,698 shares as the company’s stock rose 2.79% with the market. The institutional investor held 323,025 shares of the energy company at the end of 2018Q4, valued at $9.70 million, down from 434,723 at the end of the previous reported quarter. Heartland Advisors Inc who had been investing in Dril for a number of months, seems to be less bullish one the $1.52B market cap company. The stock decreased 3.15% or $1.36 during the last trading session, reaching $41.86. About 337,867 shares traded. Dril-Quip, Inc. (NYSE:DRQ) has declined 6.41% since May 17, 2018 and is downtrending. It has underperformed by 10.78% the S&P500.

Heartland Advisors Inc, which manages about $6.06 billion and $1.21 billion US Long portfolio, upped its stake in Berry Pete Corp by 707,949 shares to 1.35 million shares, valued at $11.82 million in 2018Q4, according to the filing. It also increased its holding in Associated Banc Corp (NYSE:ASB) by 157,973 shares in the quarter, for a total of 536,958 shares, and has risen its stake in Hanover Ins Group Inc (NYSE:THG).

More notable recent Dril-Quip, Inc. (NYSE:DRQ) news were published by: Globenewswire.com which released: “Dril-Quip Provides Update on Bookings and Contract Awards – GlobeNewswire” on April 16, 2019, also Seekingalpha.com with their article: “Dril-Quip: $13/Share In Cash, But Nobody Cares – Seeking Alpha” published on June 01, 2018, Globenewswire.com published: “Dril-Quip Announces Retirement of Jerry M. Brooks – GlobeNewswire” on March 15, 2018. More interesting news about Dril-Quip, Inc. (NYSE:DRQ) were released by: Globenewswire.com and their article: “Dril-Quip, Inc. Announces Second Quarter 2018 Results – GlobeNewswire” published on July 26, 2018 as well as Seekingalpha.com‘s news article titled: “Dril-Quip Shares Get A Boost From Premier Oil – Seeking Alpha” with publication date: July 13, 2018.

Dril-Quip, Inc. (NYSE:DRQ) Ratings Coverage

Among 2 analysts covering Dril-Quip (NYSE:DRQ), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. Dril-Quip had 4 analyst reports since January 17, 2019 according to SRatingsIntel. The stock has “Hold” rating by FBR Capital on Thursday, February 28.

Dril-Quip, Inc. (NYSE:DRQ) Institutional Positions Chart

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