Weatherford International LTD Institutional Investor Sentiment Worsened in 2019 Q1

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Sentiment for Weatherford International LTD (NYSE:WFT)

Weatherford International LTD (NYSE:WFT) institutional sentiment decreased to 0.81 in 2019 Q1. Its down -0.15, from 0.96 in 2018Q4. The ratio dropped, as 83 hedge funds increased or opened new positions, while 103 cut down and sold equity positions in Weatherford International LTD. The hedge funds in our partner’s database now possess: 836.94 million shares, down from 844.81 million shares in 2018Q4. Also, the number of hedge funds holding Weatherford International LTD in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 25 Reduced: 78 Increased: 51 New Position: 32.

Weatherford International public limited company, together with its subsidiaries, operates as a multinational oilfield service firm worldwide. The company has market cap of $. It offers equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells. It currently has negative earnings. The firm operates through three business groups: Formation Evaluation and Well Construction, Completion and Production, and Land Drilling Rigs.

It closed at $0 lastly. It is down 0.00% since August 14, 2018 and is . It has by 0.00% the S&P500.

D.C. Capital Advisors Ltd holds 5.1% of its portfolio in Weatherford International plc for 10.00 million shares. Schneider Capital Management Corp owns 15.66 million shares or 2.5% of their US portfolio. Moreover, Perella Weinberg Partners Capital Management Lp has 1.07% invested in the company for 32.24 million shares. The Texas-based Mitchell Group Inc has invested 0.72% in the stock. Covalent Partners Llc, a Massachusetts-based fund reported 535,000 shares.

More notable recent Weatherford International plc (NYSE:WFT) news were published by: Prnewswire.com which released: “Weatherford Completes Sale of Surface Data Logging Business – PRNewswire” on April 30, 2019, also Prnewswire.com with their article: “Support For Weatherford’s Restructuring Agreement Increases To 74% Of Outstanding Senior Unsecured Notes – PRNewswire” published on May 17, 2019, Nasdaq.com published: “Mid-Morning Market Update: Markets Open Higher; Carnival Issues Weak Profit Outlook – Nasdaq” on March 26, 2019. More interesting news about Weatherford International plc (NYSE:WFT) were released by: Finance.Yahoo.com and their article: “Weatherford (WFT) Posts Wider Q1 Loss, Files for Bankruptcy – Yahoo Finance” published on May 13, 2019 as well as Prnewswire.com‘s news article titled: “Weatherford Reaches Agreement With Senior Noteholders On Terms Of Comprehensive Financial Restructuring To Create Sustainable Capital Structure And Greatly Enhance Liquidity – PRNewswire” with publication date: May 10, 2019.

Weatherford International plc (NYSE:WFT) Ratings Chart

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