Tecogen Inc: Hatsopoulos John Disclosed Stake

February 12, 2018 - By Rusty Cady

 Tecogen Inc: Hatsopoulos John Disclosed Stake

Investors sentiment decreased to 1.75 in 2017 Q3. Its down 2.75, from 4.5 in 2017Q2. It dived, 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.

Morgan Stanley reported 101 shares stake. Manufacturers Life Company The holds 2,209 shares. Bard Assoc invested 0.86% of its portfolio in Tecogen Inc. (NASDAQ:TGEN). Herald Inv Management Limited invested in 210,526 shares. Blackrock Inc reported 0% in Tecogen Inc. (NASDAQ:TGEN). Banque Pictet And Cie Sa holds 0.03% or 450,000 shares. Clear Harbor Asset Management Llc stated it has 0.42% in Tecogen Inc. (NASDAQ:TGEN). Vanguard Grp reported 352,617 shares. Virtu Financial Limited Liability Com invested in 22,797 shares or 0% of the stock. Ledyard Bank & Trust holds 0% of its portfolio in Tecogen Inc. (NASDAQ:TGEN) for 2,356 shares. Royal Comml Bank Of Canada holds 10 shares. Gamco Invsts Et Al has 67,760 shares for 0% of their portfolio. Parsons Capital Mgmt Ri invested in 37,467 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 stock of Tecogen Inc. (NASDAQ:TGEN) earned “Buy” rating by Rodman & Renshaw on Tuesday, October 4. As per Tuesday, August 15, the company rating was maintained by H.C. Wainwright. On Monday, December 18 the stock rating was maintained by Maxim Group with “Buy”. The stock has “Buy” rating by Maxim Group on Monday, August 14. The rating was maintained by Maxim Group with “Buy” on Friday, November 10. The stock has “Buy” rating by Maxim Group on Wednesday, June 7.

More notable recent Tecogen Inc. (NASDAQ:TGEN) news were published by: Globenewswire.com which released: “Tecogen, Inc. (Nasdaq: TGEN) to Ring The Nasdaq Stock Market Closing Bell” on June 02, 2017, also Streetinsider.com with their article: “Form 5 TECOGEN INC. For: Dec 31 Filed by: PANORA ROBERT A” published on February 12, 2018, Seekingalpha.com published: “Tecogen: Another Profitable Quarter But Margin Woes Remain – An Overview” on November 10, 2017. More interesting news about Tecogen Inc. (NASDAQ:TGEN) were released by: Marketwatch.com and their article: “Tecogen Inc.” published on September 15, 2015 as well as Streetinsider.com‘s news article titled: “Tecogen (TGEN) Enters Agreement to Acquire DG Energy (ADGE)” with publication date: November 02, 2016.

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