Altria Group (MO) Stock Price Declined While Cutter & Company Brokerage Trimmed Its Stake by $1.67 Million; Encompass Capital Advisors Has Lifted Its Stake in Golar Lng LTD Bermuda (GLNG) by $3.38 Million

Cutter & Company Brokerage Inc decreased its stake in Altria Group Inc (MO) by 86.5% based on its latest 2017Q3 regulatory filing with the SEC. Cutter & Company Brokerage Inc sold 26,532 shares as the company’s stock declined 2.84% while stock markets rallied. The institutional investor held 4,142 shares of the farming and seeds and milling company at the end of 2017Q3, valued at $263,000, down from 30,674 at the end of the previous reported quarter. Cutter & Company Brokerage Inc who had been investing in Altria Group Inc for a number of months, seems to be less bullish one the $136.26B market cap company. The stock increased 0.20% or $0.14 during the last trading session, reaching $71.41. About 5.50 million shares traded. Altria Group, Inc. (NYSE:MO) has risen 11.92% since December 31, 2016 and is uptrending. It has underperformed by 4.78% the S&P500.

Todd J. Kantor increased its stake in Golar Lng Ltd Bermuda (GLNG) by 15.43% based on its latest 2017Q3 regulatory filing with the SEC. Encompass Capital Advisors Llc bought 153,500 shares as the company’s stock rose 4.44% with the market. The hedge fund run by Todd J. Kantor held 1.15M shares of the marine transportation company at the end of 2017Q3, valued at $25.97M, up from 994,889 at the end of the previous reported quarter. Encompass Capital Advisors Llc who had been investing in Golar Lng Ltd Bermuda for a number of months, seems to be bullish on the $3.01 billion market cap company. The stock decreased 0.10% or $0.03 during the last trading session, reaching $29.81. About 854,554 shares traded. Golar LNG Limited (NASDAQ:GLNG) has risen 61.34% since December 31, 2016 and is uptrending. It has outperformed by 44.64% the S&P500.

Encompass Capital Advisors Llc, which manages about $1.18 billion and $614.38 million US Long portfolio, decreased its stake in Extraction Oil And Gas Inc by 450,664 shares to 2.97M shares, valued at $45.67 million in 2017Q3, according to the filing. It also reduced its holding in Canadian Pac Ry Ltd (NYSE:CP) by 87,600 shares in the quarter, leaving it with 50,000 shares, and cut its stake in Cabot Oil & Gas Corp (NYSE:COG).

Among 11 analysts covering Golar LNG Limited (NASDAQ:GLNG), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Golar LNG Limited had 27 analyst reports since August 18, 2015 according to SRatingsIntel. The stock of Golar LNG Limited (NASDAQ:GLNG) earned “Hold” rating by Nordea on Friday, January 27. The firm earned “Hold” rating on Monday, October 3 by ABN Amro. The rating was maintained by Cowen & Co with “Buy” on Thursday, November 30. Stifel Nicolaus maintained it with “Buy” rating and $36.0 target in Monday, August 21 report. The firm earned “Hold” rating on Friday, April 29 by DNB Markets. The firm earned “Buy” rating on Thursday, August 17 by Citigroup. The firm has “Buy” rating given on Friday, August 28 by Stifel Nicolaus. The stock of Golar LNG Limited (NASDAQ:GLNG) earned “Neutral” rating by Bank of America on Wednesday, December 2. Credit Suisse initiated the shares of GLNG in report on Friday, September 18 with “Neutral” rating. Cowen & Co maintained the stock with “Buy” rating in Tuesday, December 12 report.

Since August 10, 2017, it had 0 insider purchases, and 2 selling transactions for $2.95 million activity. Another trade for 32,000 shares valued at $1.96M was sold by DEVITRE DINYAR S.

Investors sentiment decreased to 0.89 in Q3 2017. Its down 0.02, from 0.91 in 2017Q2. It is negative, as 91 investors sold MO shares while 516 reduced holdings. 118 funds opened positions while 420 raised stakes. 1.17 billion shares or 0.77% more from 1.16 billion shares in 2017Q2 were reported. Farmers Co accumulated 17,873 shares. Winch Advisory Services owns 77 shares. Commercial Bank Of Nova Scotia Tru Com reported 24,503 shares. State Of Wisconsin Inv Board stated it has 2.50M shares. Sandhill Capital Ltd Liability Com reported 7,119 shares. Adams Diversified Equity Fund holds 0.94% in Altria Group, Inc. (NYSE:MO) or 273,300 shares. Assetmark Incorporated owns 499,378 shares or 0.36% of their US portfolio. Rockland Trust Company owns 64,794 shares. Godshalk Welsh Inc invested in 0.32% or 5,050 shares. Moreover, Sabal Tru Communication has 0.03% invested in Altria Group, Inc. (NYSE:MO) for 4,309 shares. Macguire Cheswick & Tuttle Inv Counsel Lc holds 0.06% of its portfolio in Altria Group, Inc. (NYSE:MO) for 5,000 shares. Texas Permanent School Fund has 0.43% invested in Altria Group, Inc. (NYSE:MO). 1.89 million were accumulated by Amer Century. Nadler Finance Group reported 0.14% of its portfolio in Altria Group, Inc. (NYSE:MO). Goldman Sachs has 0.14% invested in Altria Group, Inc. (NYSE:MO) for 9.20M shares.

The post Altria Group (MO) Stock Price Declined While Cutter & Company Brokerage Trimmed Its Stake by $1.67 Million; Encompass Capital Advisors Has Lifted Its Stake in Golar Lng LTD Bermuda (GLNG) by $3.38 Million appeared first on Stock Market News | HillCountryTimes | Get it Today.

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