Kellogg Company (K) Touches $62.95 Formed H&S; Ocean Rig UDW Inc. (ORIG) Had 2 Bullish Analysts

Among 8 analysts covering Ocean Rig UDW (NASDAQ:ORIG), 2 have Buy rating, 5 Sell and 1 Hold. Therefore 25% are positive. Ocean Rig UDW had 16 analyst reports since August 10, 2015 according to SRatingsIntel. Deutsche Bank downgraded the stock to “Hold” rating in Tuesday, August 16 report. Cowen & Co maintained the stock with “Outperform” rating in Monday, August 17 report. On Friday, December 15 the stock rating was initiated by Credit Suisse with “Buy”. The firm has “Sell” rating given on Tuesday, February 9 by Danske Bank. On Friday, March 11 the stock rating was downgraded by Simmons & Co to “Underweight”. Zacks upgraded Ocean Rig UDW Inc. (NASDAQ:ORIG) rating on Tuesday, August 18. Zacks has “Hold” rating and $3.75 target. The firm earned “Sell” rating on Monday, August 10 by Danske. The firm earned “Buy” rating on Friday, March 11 by Deutsche Bank. The firm has “Underweight” rating given on Friday, March 11 by Piper Jaffray. See Ocean Rig UDW Inc. (NASDAQ:ORIG) latest ratings:

20/03/2018 Broker: Deutsche Bank Rating: Hold New Target: $30 Initiates Coverage On
15/12/2017 Broker: Credit Suisse Rating: Buy New Target: $32.0 Initiate

Kellogg Company (K) formed inverse H&S with $67.99 target or 8.00% above today’s $62.95 share price. Kellogg Company (K) has $21.82B valuation. The stock decreased 0.66% or $0.42 during the last trading session, reaching $62.95. About 2.20 million shares traded. Kellogg Company (NYSE:K) has declined 5.60% since March 25, 2017 and is downtrending. It has underperformed by 22.30% the S&P500.

Ocean Rig UDW Inc., an offshore drilling contractor, provides oilfield services for offshore gas and oil exploration, development, and production drilling worldwide. The company has market cap of $2.31 billion. It specializes in the ultra-deepwater and harsh-environment segment of the offshore drilling industry. It currently has negative earnings. The firm owns and operates two fifth generation harsh weather ultra-deepwater semisubmersible offshore drilling units under the Leiv Eiriksson and Eirik Raude names; five sixth generation ultra-deepwater drilling units under the Ocean Rig Corcovado, the Ocean Rig Olympia, the Ocean Rig Poseidon, the Ocean Rig Mykonos, and the Ocean Rig Paros names; and four seventh generation drilling units under the Ocean Rig Mylos, the Ocean Rig Skyros, the Ocean Rig Athena, and the Ocean Rig Apollo names.

The stock decreased 0.67% or $0.17 during the last trading session, reaching $25.19. About 154,403 shares traded. Ocean Rig UDW Inc. (NASDAQ:ORIG) has declined 87.33% since March 25, 2017 and is downtrending. It has underperformed by 104.03% the S&P500.

Analysts await Kellogg Company (NYSE:K) to report earnings on May, 3. They expect $1.07 EPS, up 0.94% or $0.01 from last year’s $1.06 per share. K’s profit will be $370.85 million for 14.71 P/E if the $1.07 EPS becomes a reality. After $0.96 actual EPS reported by Kellogg Company for the previous quarter, Wall Street now forecasts 11.46% EPS growth.

Investors sentiment increased to 0.91 in Q3 2017. Its up 0.05, from 0.86 in 2017Q2. It is positive, as 60 investors sold Kellogg Company shares while 205 reduced holdings. 47 funds opened positions while 180 raised stakes. 307.00 million shares or 3.54% more from 296.50 million shares in 2017Q2 were reported. Moreover, State Farm Mutual Automobile has 0.53% invested in Kellogg Company (NYSE:K). Hl Ser Ltd Co has 0.03% invested in Kellogg Company (NYSE:K). 3,650 were reported by King Luther Mgmt. Rhumbline Advisers reported 496,569 shares. Riverhead Management Limited Co reported 0.05% stake. Schroder Mgmt reported 0.25% stake. Btim holds 0.01% of its portfolio in Kellogg Company (NYSE:K) for 9,225 shares. Synovus Fincl reported 14,123 shares. Lazard Asset Mngmt Ltd Liability Com reported 0.96% of its portfolio in Kellogg Company (NYSE:K). Howe & Rusling Inc invested in 215 shares. Ubs Oconnor Limited Liability Com owns 140,624 shares. Jlb And Associate holds 0.85% of its portfolio in Kellogg Company (NYSE:K) for 56,077 shares. Barbara Oil reported 17,500 shares. Opus Inv Mngmt has 61,000 shares. Gateway Advisers Limited Co owns 21,122 shares for 0.01% of their portfolio.

Among 26 analysts covering Kellogg Company (NYSE:K), 10 have Buy rating, 3 Sell and 13 Hold. Therefore 38% are positive. Kellogg Company had 71 analyst reports since August 5, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Monday, July 24 by Stifel Nicolaus. UBS maintained the shares of K in report on Friday, May 5 with “Neutral” rating. On Tuesday, December 8 the stock rating was upgraded by Morgan Stanley to “Equal-Weight”. As per Tuesday, March 21, the company rating was downgraded by Bernstein. The firm has “Hold” rating given on Monday, June 19 by RBC Capital Markets. The rating was upgraded by J.P. Morgan to “Buy” on Friday, August 4. Credit Suisse maintained the stock with “Outperform” rating in Thursday, July 21 report. On Wednesday, November 4 the stock rating was upgraded by Credit Suisse to “Neutral”. The firm has “Neutral” rating given on Wednesday, April 26 by RBC Capital Markets. The firm has “Hold” rating by S&P Research given on Wednesday, August 5.

Since December 13, 2017, it had 0 insider buys, and 6 insider sales for $165.21 billion activity. KELLOGG W K FOUNDATION TRUST had sold 13,845 shares worth $937,041.