Alan S. Parsow decreased its stake in Bp Plc (BP) by 33.09% based on its latest 2017Q3 regulatory filing with the SEC. Elkhorn Partners Limited Partnership sold 9,000 shares as the company’s stock rose 10.53% with the market. The hedge fund run by Alan S. Parsow held 18,200 shares of the integrated oil company at the end of 2017Q3, valued at $699,000, down from 27,200 at the end of the previous reported quarter. Elkhorn Partners Limited Partnership who had been investing in Bp Plc for a number of months, seems to be less bullish one the $130.09B market cap company. The stock decreased 1.25% or $0.54 during the last trading session, reaching $42.81. About 8.18 million shares traded or 68.43% up from the average. BP p.l.c. (NYSE:BP) has risen 15.51% since January 30, 2017 and is uptrending. It has underperformed by 1.19% the S&P500.
Agf Investments America Inc increased its stake in Cummins Inc. (CMI) by 19.56% based on its latest 2017Q3 regulatory filing with the SEC. Agf Investments America Inc bought 7,562 shares as the company’s stock rose 1.30% with the market. The institutional investor held 46,215 shares of the industrial machinery and components company at the end of 2017Q3, valued at $7.77M, up from 38,653 at the end of the previous reported quarter. Agf Investments America Inc who had been investing in Cummins Inc. for a number of months, seems to be bullish on the $31.08 billion market cap company. The stock decreased 1.87% or $3.56 during the last trading session, reaching $187.25. About 1.42 million shares traded or 0.29% up from the average. Cummins Inc. (NYSE:CMI) has risen 43.32% since January 30, 2017 and is uptrending. It has outperformed by 26.62% the S&P500.
Elkhorn Partners Limited Partnership, which manages about $155.72M US Long portfolio, upped its stake in Cadiz Inc. (NASDAQ:CDZI) by 79,000 shares to 480,000 shares, valued at $6.10 million in 2017Q3, according to the filing.
Among 29 analysts covering BP (NYSE:BP), 19 have Buy rating, 2 Sell and 8 Hold. Therefore 66% are positive. BP had 54 analyst reports since July 24, 2015 according to SRatingsIntel. Jefferies maintained BP p.l.c. (NYSE:BP) rating on Monday, July 11. Jefferies has “Hold” rating and $33 target. The stock of BP p.l.c. (NYSE:BP) has “Hold” rating given on Tuesday, October 24 by Cowen & Co. The stock of BP p.l.c. (NYSE:BP) earned “Hold” rating by Jefferies on Thursday, October 19. The rating was upgraded by Societe Generale on Monday, January 30 to “Buy”. Piper Jaffray maintained BP p.l.c. (NYSE:BP) on Thursday, August 24 with “Buy” rating. The stock of BP p.l.c. (NYSE:BP) has “Buy” rating given on Tuesday, September 15 by Liberum Capital. The firm has “Buy” rating given on Friday, November 27 by Argus Research. The stock has “Outperform” rating by BMO Capital Markets on Monday, September 28. The company was maintained on Wednesday, July 29 by Deutsche Bank. The firm has “Buy” rating given on Monday, June 12 by J.P. Morgan.
Among 28 analysts covering Cummins (NYSE:CMI), 8 have Buy rating, 3 Sell and 17 Hold. Therefore 29% are positive. Cummins had 94 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Cummins Inc. (NYSE:CMI) has “Buy” rating given on Thursday, November 16 by Melius Research. The firm has “Hold” rating by RBC Capital Markets given on Thursday, January 11. The rating was maintained by BMO Capital Markets with “Hold” on Thursday, July 6. The firm has “Hold” rating given on Thursday, March 23 by RBC Capital Markets. The rating was initiated by RBC Capital Markets on Tuesday, March 15 with “Sector Perform”. Bank of America upgraded the shares of CMI in report on Friday, January 19 to “Buy” rating. The rating was downgraded by Macquarie Research to “Neutral” on Monday, April 11. The rating was maintained by Jefferies with “Hold” on Friday, June 30. The company was downgraded on Thursday, April 21 by Robert W. Baird. The firm has “Neutral” rating by Citigroup given on Friday, October 13.
Investors sentiment increased to 1.1 in 2017 Q3. Its up 0.09, from 1.01 in 2017Q2. It increased, as 57 investors sold CMI shares while 253 reduced holdings. 92 funds opened positions while 249 raised stakes. 132.23 million shares or 1.24% more from 130.61 million shares in 2017Q2 were reported. Sns Group Ltd accumulated 11,252 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 74,516 shares or 0.12% of the stock. Laurel Grove Limited Co has 25,952 shares for 2.27% of their portfolio. Meristem Limited Liability Partnership reported 5,464 shares or 0.37% of all its holdings. Pacad Investment Ltd holds 2,500 shares or 0.09% of its portfolio. Arrow Financial holds 12,007 shares or 0.48% of its portfolio. Koch Industries Incorporated owns 1,646 shares. Moreover, Swiss State Bank has 0.11% invested in Cummins Inc. (NYSE:CMI). Nikko Asset Mngmt Americas owns 22,900 shares. Cap Fund Management accumulated 0.06% or 50,408 shares. Teachers Retirement System Of The State Of Kentucky reported 17,100 shares stake. 4,874 are owned by Veritable Lp. Moreover, Smithfield Tru has 0% invested in Cummins Inc. (NYSE:CMI). Geode Cap Mgmt Limited Liability Com holds 0.13% or 2.06 million shares in its portfolio. 666,500 were reported by Cincinnati Insurance.
The post As Bp Plc (BP) Share Price Rose, Shareholder Elkhorn Partners Limited Partnership Trimmed Its Position; Agf Investments America Lifted Its Holding in Cummins (CMI) as Stock Price Rose appeared first on Stock Market News | HillCountryTimes | Get it Today.
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