Tecogen Inc Has Bullish Trade, Hatsopoulos John Bought Stake!

February 12, 2018 - By Darrin Black

 Tecogen Inc Has Bullish Trade, Hatsopoulos John Bought Stake!

Investors sentiment decreased to 1.75 in Q3 2017. Its down 2.75, from 4.5 in 2017Q2. It is negative, as 1 investors sold Tecogen Inc. shares while 3 reduced holdings. 4 funds opened positions while 3 raised stakes. 2.44 million shares or 45.48% less from 4.48 million shares in 2017Q2 were reported.

Manufacturers Life Ins Communications The reported 2,209 shares stake. 43,574 were accumulated by Blackrock. Banque Pictet Cie Sa has invested 0.03% in Tecogen Inc. (NASDAQ:TGEN). Virtu Financial Ltd Limited Liability Company holds 0% in Tecogen Inc. (NASDAQ:TGEN) or 22,797 shares. Parsons Cap Mngmt Ri invested in 37,467 shares. Clear Harbor Asset Management Lc owns 671,407 shares for 0.42% of their portfolio. Herald Investment Mngmt invested in 210,526 shares. Bard accumulated 578,550 shares. Gamco Investors Et Al reported 0% of its portfolio in Tecogen Inc. (NASDAQ:TGEN). Vanguard Grp Inc has 352,617 shares. Morgan Stanley has invested 0% in Tecogen Inc. (NASDAQ:TGEN). Moreover, Ledyard Bancshares has 0% invested in Tecogen Inc. (NASDAQ:TGEN) for 2,356 shares. Royal Bancshares Of Canada reported 10 shares.

The New Hatsopoulos John Holding in Tecogen Inc

Hatsopoulos John reported SC 13G/A form with the SEC for Tecogen Inc. Access it here: 000153743518000008. As reported by Hatsopoulos John, the filler owns 9.21% or 2,283,184 shares of the Industrials–company.

Tecogen Inc stake is new for [reportingPerson]. Date of activity: December 31, 2017. This shows Hatsopoulos John’s positive view for Tecogen Inc.

Tecogen Inc Institutional Sentiment

Filings show 10 investors own Tecogen Inc. The ownership in Q3 2015 is low, at Infinity of the outstanding shares. This is increased by 7670. 2396456 were owned by these investors. 0 funds opened new Tecogen Inc stakes, 1 increased positions. There were 3 that closed positions and 4 reduced them.

Parsons Capital Management Inc is an investor bullish on Tecogen Inc, owning 37500 shares as of Q3 2015 for 0.02% of its portfolio. Essex Investment Management Co Llc owns 60499 shares or 0.03% of its portfolio. NY Clear Harbor Asset Management Llc have 0.55% of its portfolio for 697765 shares. Further, Boston Research & Management Inc reported stake worth 0.05% of its portfolio. The IL Bard Associates Inc owns 585700 shares. Tecogen Inc is 1.16% of its portfolio.

Business Profile

Tecogen Inc. designs, manufactures, sells and maintains cogeneration products, including combined heat and power (CHP), air conditioning systems and water heaters for residential, commercial, recreational and industrial use. The Company is engaged in the business of manufacturing and supporting CHP products based on engines fueled by natural gas. The Company manufactures over three types of CHP products, such as cogeneration units that supply electricity and hot water, chillers that provide air-conditioning and hot water, and water heaters. Its commercial product line includes the InVerde, InVerde e+ and TECOGEN cogeneration units; TECOCHILL chillers; Ilios high-efficiency water heaters, and Ultera emissions control technology. Its customers include hospitals and nursing homes, hotels and motels, office and retail buildings, and military installations. Its cogeneration systems and chillers use the engine, the TecoDrive 7400 model.

SEC Form 13G.

The stock increased 4.09% or $0.09 during the last trading session, reaching $2.29. About 6,779 shares traded. Tecogen Inc. (NASDAQ:TGEN) has declined 4.09% since February 12, 2017 and is downtrending. It has underperformed by 20.79% the S&P500.

Tecogen Inc. designs, manufactures, and sells industrial and commercial cogeneration systems that produce combinations of electricity, hot water, and air conditioning in the United States, the United Kingdom, Mexico, Ireland, and internationally. The company has market cap of $56.62 million. It offers InVerde 100, InVerde e+, CM-75, and CM-60 cogeneration units that supply electricity and hot water; TECOCHILL branded chillers that provide air-conditioning and hot water; and water heaters under the Ilios brand. It currently has negative earnings. The firm also provides long-term maintenance contracts, parts sales, and turnkey installation services through a network of nine field service centers in California, the Midwest, and the Northeast.

Tecogen Inc. (NASDAQ:TGEN) Ratings Coverage

Among 3 analysts covering Tecogen (NASDAQ:TGEN), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Tecogen has $6 highest and $6.0 lowest target. $6’s average target is 162.01% above currents $2.29 stock price. Tecogen had 6 analyst reports since October 4, 2016 according to SRatingsIntel. The firm earned “Buy” rating on Monday, December 18 by Maxim Group. The firm earned “Buy” rating on Monday, August 14 by Maxim Group. Maxim Group maintained Tecogen Inc. (NASDAQ:TGEN) rating on Friday, November 10. Maxim Group has “Buy” rating and $6.0 target. The stock of Tecogen Inc. (NASDAQ:TGEN) earned “Buy” rating by Maxim Group on Wednesday, June 7. H.C. Wainwright maintained Tecogen Inc. (NASDAQ:TGEN) on Tuesday, August 15 with “Buy” rating. The company was initiated on Tuesday, October 4 by Rodman & Renshaw.

More notable recent Tecogen Inc. (NASDAQ:TGEN) news were published by: Seekingalpha.com which released: “Tecogen: Another Profitable Quarter But Margin Woes Remain – An Overview” on November 10, 2017, also Streetinsider.com with their article: “Tecogen (TGEN) Enters Agreement to Acquire DG Energy (ADGE)” published on November 02, 2016, Globenewswire.com published: “Tecogen, Inc. (Nasdaq: TGEN) to Ring The Nasdaq Stock Market Closing Bell” on June 02, 2017. More interesting news about Tecogen Inc. (NASDAQ:TGEN) were released by: Quotes.Wsj.com and their article: “Tecogen Inc. TGEN (US: Nasdaq)” published on February 12, 2011 as well as Streetinsider.com‘s news article titled: “Form 8-K TECOGEN INC. For: Jan 08” with publication date: January 08, 2018.

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