ASML Holding N.V. (ASML) Is At $197.97 Formed Wedge; Saba Capital Management LP Lowered Rowan Companies Plc (RDC) Position By $2.36 Million

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Saba Capital Management Lp decreased Rowan Companies Plc (RDC) stake by 70.52% reported in 2018Q1 SEC filing. Saba Capital Management Lp sold 214,800 shares as Rowan Companies Plc (RDC)’s stock rose 11.76%. The Saba Capital Management Lp holds 89,778 shares with $1.04 million value, down from 304,578 last quarter. Rowan Companies Plc now has $2.06 billion valuation. The stock increased 1.63% or $0.26 during the last trading session, reaching $16.22. About 2.18M shares traded. Rowan Companies plc (NYSE:RDC) has risen 21.79% since July 1, 2017 and is uptrending. It has outperformed by 9.22% the S&P500. Some Historical RDC News: 15/05/2018 – Luminus Management Buys New 2.1% Position in Rowan Cos; 03/05/2018 – ROWAN COMPANIES PLC RDC.N : RBC RAISES TARGET PRICE TO $16 FROM $14; 27/04/2018 – Chrysaor, Baker Hughes embark on North Sea drilling campaign; 24/05/2018 – ROWAN COMPANIES – ADJOURNED 2018 ANNUAL GENERAL MEETING OF SHAREHOLDERS SCHEDULED FOR AND CONVENED ON THURSDAY, MAY 24; 15/03/2018 ROWAN COMPANIES PLC RDC.N : CREDIT SUISSE ASSUMES COVERAGE WITH A NEUTRAL RATING AND TARGET PRICE OF $13; 24/04/2018 – David Rowan, Founding Editor-in-Chief of WIRED UK Magazine, to Deliver Opening Keynote on the Future of Digital Health at FutureLink Munich; 24/05/2018 – Rowan Announces Adjournment of 2018 Annual General Meeting until May 25, 2018; 23/04/2018 – DJ Rowan Cos Plc Class A, Inst Holders, 1Q 2018 (RDC); 24/04/2018 – David Rowan, Founding Editor-in-Chief of WIRED UK Magazine, to Deliver Opening Keynote on the Future of Digital Health at Futur; 24/05/2018 – ROWAN COMPANIES – WILL RECONVENE 2018 AGM ON MAY 25

ASML Holding N.V. (ASML) formed wedge up with $207.87 target or 5.00% above today’s $197.97 share price. ASML Holding N.V. (ASML) has $85.69B valuation. The stock increased 2.27% or $4.39 during the last trading session, reaching $197.97. About 819,515 shares traded or 0.21% up from the average. ASML Holding N.V. (NASDAQ:ASML) has risen 49.08% since July 1, 2017 and is uptrending. It has outperformed by 36.51% the S&P500. Some Historical ASML News: 18/04/2018 – ASML Sees 2018 Trading in Line With Views; 26/03/2018 – ASML REPORTS TRANSACTIONS UNDER CURRENT SHARE BUYBACK PROGRAM; 16/05/2018 – INTERVIEW-Sweden’s Atlas Copco sees strong vacuum growth in 2018 as boom continues; 23/03/2018 – Fitch Upgrades ASML To ‘A-‘; Outlook Stable; 23/03/2018 – Netherlands AEX Falls 1.7% to 519.29; ASML Leads Decline; 18/04/2018 – ASML HOLDING NV ASML.AS – PROPOSED A DIVIDEND OF EUR 1.4 PER SHARE; 18/04/2018 – ASML HOLDING NV – PLAN TO SHIP 20 EUV SYSTEMS IN 2018; 18/04/2018 – ASML 1Q EPS EUR1.26; 18/04/2018 – ASML 1Q Net Pft EUR540M; 23/03/2018 – Fitch: ASML Rating Reflects Improved Operating Risk Profile

Saba Capital Management Lp increased Xerox Corp (Put) stake by 137,000 shares to 146,200 valued at $4.21M in 2018Q1. It also upped Genworth Finl Inc (NYSE:GNW) stake by 151,200 shares and now owns 4.37 million shares. Western Asset High Incm Opp (HIO) was raised too.

Since February 22, 2018, it had 0 insider buys, and 2 selling transactions for $135,706 activity. 3,671 shares were sold by Butz Stephen M, worth $47,686. 6,000 Rowan Companies plc (NYSE:RDC) shares with value of $88,020 were sold by Anderson Richard Jason.

Among 13 analysts covering Rowan Companies (NYSE:RDC), 2 have Buy rating, 1 Sell and 10 Hold. Therefore 15% are positive. Rowan Companies had 22 analyst reports since January 4, 2018 according to SRatingsIntel. The stock of Rowan Companies plc (NYSE:RDC) has “Neutral” rating given on Thursday, June 21 by Citigroup. On Wednesday, February 14 the stock rating was maintained by Piper Jaffray with “Hold”. FBR Capital maintained the shares of RDC in report on Monday, June 11 with “Buy” rating. The rating was downgraded by PiperJaffray to “Neutral” on Thursday, January 11. BMO Capital Markets maintained Rowan Companies plc (NYSE:RDC) rating on Monday, January 15. BMO Capital Markets has “Hold” rating and $13.0 target. The stock of Rowan Companies plc (NYSE:RDC) earned “Outperform” rating by Wells Fargo on Thursday, May 24. As per Thursday, January 11, the company rating was maintained by Cowen & Co. The stock of Rowan Companies plc (NYSE:RDC) has “Hold” rating given on Thursday, January 4 by Jefferies. The stock has “Underweight” rating by Barclays Capital on Tuesday, January 23. Susquehanna maintained the shares of RDC in report on Thursday, March 1 with “Hold” rating.

Investors sentiment increased to 1.18 in Q1 2018. Its up 0.23, from 0.95 in 2017Q4. It is positive, as 22 investors sold RDC shares while 57 reduced holdings. 25 funds opened positions while 68 raised stakes. 123.12 million shares or 3.29% less from 127.30 million shares in 2017Q4 were reported. Dimensional Fund Advisors Limited Partnership reported 0.05% in Rowan Companies plc (NYSE:RDC). 162,575 are owned by Deutsche Bankshares Ag. Meeder Asset Mngmt stated it has 0.06% of its portfolio in Rowan Companies plc (NYSE:RDC). 665,530 were accumulated by Maverick Limited. Verition Fund Mgmt Ltd holds 0.01% or 14,735 shares in its portfolio. New York State Teachers Retirement has invested 0.01% in Rowan Companies plc (NYSE:RDC). Fmr Limited Liability Company owns 0% invested in Rowan Companies plc (NYSE:RDC) for 2.11 million shares. Teacher Retirement System Of Texas invested in 0% or 26,520 shares. Legal And General Public Limited reported 0% of its portfolio in Rowan Companies plc (NYSE:RDC). California State Teachers Retirement invested in 0% or 177,731 shares. Parametric Portfolio Associates holds 205,674 shares or 0% of its portfolio. Texas Permanent School Fund owns 75,232 shares for 0.01% of their portfolio. State Treasurer State Of Michigan accumulated 41,400 shares or 0% of the stock. The Pennsylvania-based Vanguard Grp has invested 0.01% in Rowan Companies plc (NYSE:RDC). Bluecrest Capital Mngmt Limited reported 13,639 shares.

Analysts await Rowan Companies plc (NYSE:RDC) to report earnings on August, 1. They expect $-0.94 earnings per share, down 276.00% or $0.69 from last year’s $-0.25 per share. After $-0.89 actual earnings per share reported by Rowan Companies plc for the previous quarter, Wall Street now forecasts 5.62% negative EPS growth.

More recent Rowan Companies plc (NYSE:RDC) news were published by: Seekingalpha.com which released: “Rowan Leases Another Jackup To ARO Drilling” on June 19, 2018. Also Seekingalpha.com published the news titled: “Rowan Gets Drillship Contract From Exxon Mobil” on June 08, 2018. Seekingalpha.com‘s news article titled: “A Comparative Credit Analysis For Offshore Drilling Companies” with publication date: June 26, 2018 was also an interesting one.

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