Scorpio Tankers (STNG) News Today

Scorpio Tankers (NYSE:STNG) Shares Gap Down After Analyst Downgrade

Stifel Nicolaus downgraded shares of Scorpio Tankers from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $90.00 to $65.00 in a report on Wednesday.

Bank of America lowered their price objective on shares of Scorpio Tankers from $73.00 to $71.00 and set a "neutral" rating for the company in a research note on Tuesday.

Scorpio Tankers (NYSE:STNG) will be releasing earnings before the market opens on Tuesday, October 29, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=637465)

Glenorchy Capital Ltd reduced its position in Scorpio Tankers Inc. (NYSE:STNG - Free Report) by 30.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,004 shares of the shipping company's stock after sell

Sapient Capital LLC lowered its holdings in shares of Scorpio Tankers Inc. (NYSE:STNG - Free Report) by 11.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 114,161 shares of the shipping company's stock after selling 15,314 shares during the

Marshall Wace LLP acquired a new stake in shares of Scorpio Tankers Inc. (NYSE:STNG - Free Report) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 16,724 shares of the shipping company's stock, valued at approximately $1,359,000. Severa

Mackenzie Financial Corp lowered its holdings in Scorpio Tankers Inc. (NYSE:STNG - Free Report) by 85.6% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,272 shares of the shipping company's stock after selling 4

Healthcare of Ontario Pension Plan Trust Fund decreased its holdings in shares of Scorpio Tankers Inc. (NYSE:STNG - Free Report) by 46.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 97,100 shares of th

Sei Investments Co. lessened its stake in Scorpio Tankers Inc. (NYSE:STNG - Free Report) by 15.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 39,392 shares of the shipping company's stock after selling 7,460 share

Gordian Capital Singapore Pte Ltd bought a new stake in shares of Scorpio Tankers Inc. (NYSE:STNG - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 9,830 shares of the shipping company's stock, valued at approxima

Fearnley Fonds raised Scorpio Tankers to a "hold" rating in a report on Friday.

Algert Global LLC boosted its stake in shares of Scorpio Tankers Inc. (NYSE:STNG - Free Report) by 28.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 53,770 shares of the shipping company's stock after acquiring an additional 11,920 sha

Shares of Scorpio Tankers Inc. (NYSE:STNG - Get Free Report) have earned an average rating of "Moderate Buy" from the five brokerages that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and four have assigned a b

Lighthouse Investment Partners LLC trimmed its holdings in shares of Scorpio Tankers Inc. (NYSE:STNG - Free Report) by 82.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,054 shares of the shipping company's stock

Hsbc Holdings PLC lessened its holdings in shares of Scorpio Tankers Inc. (NYSE:STNG - Free Report) by 43.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,358 shares of the shipping company's stock after selling

Interval Partners LP purchased a new position in Scorpio Tankers Inc. (NYSE:STNG - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 14,855 shares of the shipping company's stock, valued at approximately $1,208,000. Several othe

Hood River Capital Management LLC increased its holdings in Scorpio Tankers Inc. (NYSE:STNG - Free Report) by 7.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 110,082 shares of the shipping company's

Massachusetts Financial Services Co. MA purchased a new position in Scorpio Tankers Inc. (NYSE:STNG - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 33,469 shares of the shipp

First Eagle Investment Management LLC bought a new stake in shares of Scorpio Tankers Inc. (NYSE:STNG - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 55,968 shares of the shipping company's stock, valued at approx

Seven Eight Capital LP lifted its position in shares of Scorpio Tankers Inc. (NYSE:STNG - Free Report) by 162.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,591 shares of the shipping company's stoc

Beck Bode LLC acquired a new stake in shares of Scorpio Tankers Inc. (NYSE:STNG - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 26,600 shares of the shipping company's stock, valued at approxima

Renaissance Technologies LLC raised its stake in shares of Scorpio Tankers Inc. (NYSE:STNG - Free Report) by 5.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,313,815 shares of the shipping company's stock after buying an

Qsemble Capital Management LP acquired a new stake in Scorpio Tankers Inc. (NYSE:STNG - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 8,375 shares of the shipping company's stock, value

Victory Capital Management Inc. increased its position in Scorpio Tankers Inc. (NYSE:STNG - Free Report) by 19.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 370,909 shares of the shipping company's stock after acquir

Acadian Asset Management LLC raised its position in shares of Scorpio Tankers Inc. (NYSE:STNG - Free Report) by 1,357.2% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 283,505 shares of the shipping company's stock after pur

Private Management Group Inc. decreased its holdings in shares of Scorpio Tankers Inc. (NYSE:STNG - Free Report) by 29.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 165,711 shares of the shipping compa

LSV Asset Management increased its position in shares of Scorpio Tankers Inc. (NYSE:STNG - Free Report) by 8.5% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,995,599 shares of the shipping company's stock after purchasing an additional 156

Scorpio Tankers Inc. (NYSE:STNG - Get Free Report) has been given an average recommendation of "Moderate Buy" by the six research firms that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The

Fiera Capital Corp lifted its stake in Scorpio Tankers Inc. (NYSE:STNG - Free Report) by 4.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 345,925 shares of the shipping company's stock after purchasing an additional 14,508

Allspring Global Investments Holdings LLC raised its holdings in Scorpio Tankers Inc. (NYSE:STNG - Free Report) by 222.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 28,339 shares of the shipping company's stock after buying an addition

Convergence Investment Partners LLC acquired a new stake in shares of Scorpio Tankers Inc. (NYSE:STNG - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 11,850 shares of the shipping company's st

Empirical Finance LLC trimmed its position in Scorpio Tankers Inc. (NYSE:STNG - Free Report) by 51.5% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,685 shares of the shipping company

SG Americas Securities LLC lessened its position in shares of Scorpio Tankers Inc. (NYSE:STNG - Free Report) by 79.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,318 shares of the shipping company's st