Ken Fisher decreased its stake in Lloyds Banking Group Plc Adr (LYG) by 4.94% based on its latest 2018Q1 regulatory filing with the SEC. Fisher Asset Management Llc sold 6.07 million shares as the company’s stock declined 10.69% with the market. The hedge fund run by Ken Fisher held 116.93 million shares of the commercial banks company at the end of 2018Q1, valued at $435.00 million, down from 123.01M at the end of the previous reported quarter. Fisher Asset Management Llc who had been investing in Lloyds Banking Group Plc Adr for a number of months, seems to be less bullish one the $61.84B market cap company. The stock increased 1.19% or $0.04 during the last trading session, reaching $3.41. About 4.85 million shares traded or 6.75% up from the average. Lloyds Banking Group plc (NYSE:LYG) has declined 9.07% since May 31, 2017 and is downtrending. It has underperformed by 21.64% the S&P500.
Raub Brock Capital Management Lp increased its stake in Magellan Midstream Partners (MMP) by 6.39% based on its latest 2018Q1 regulatory filing with the SEC. Raub Brock Capital Management Lp bought 11,440 shares as the company’s stock rose 5.46% while stock markets declined. The institutional investor held 190,577 shares of the natural gas distribution company at the end of 2018Q1, valued at $11.12M, up from 179,137 at the end of the previous reported quarter. Raub Brock Capital Management Lp who had been investing in Magellan Midstream Partners for a number of months, seems to be bullish on the $15.91 billion market cap company. The stock increased 1.81% or $1.24 during the last trading session, reaching $69.72. About 816,516 shares traded. Magellan Midstream Partners, L.P. (NYSE:MMP) has declined 7.22% since May 31, 2017 and is downtrending. It has underperformed by 19.79% the S&P500.
Among 14 analysts covering Lloyds Banking (NYSE:LYG), 5 have Buy rating, 5 Sell and 4 Hold. Therefore 36% are positive. Lloyds Banking had 21 analyst reports since August 25, 2015 according to SRatingsIntel. The stock has “Sell” rating by Berenberg on Monday, March 27. Keefe Bruyette & Woods downgraded the shares of LYG in report on Wednesday, May 31 to “Underperform” rating. The rating was upgraded by Macquarie Research on Wednesday, February 24 to “Outperform”. The rating was downgraded by Morgan Stanley on Wednesday, January 10 to “Hold”. On Tuesday, October 10 the stock rating was upgraded by Credit Suisse to “Buy”. The stock of Lloyds Banking Group plc (NYSE:LYG) has “Outperform” rating given on Friday, November 13 by Davy Research. Goldman Sachs downgraded the stock to “Sell” rating in Monday, September 26 report. The rating was initiated by Credit Suisse with “Neutral” on Tuesday, November 29. The stock of Lloyds Banking Group plc (NYSE:LYG) earned “Hold” rating by Berenberg on Tuesday, July 26. As per Thursday, September 10, the company rating was downgraded by BNP Paribas.
Fisher Asset Management Llc, which manages about $81.96B US Long portfolio, upped its stake in Dominos Pizza Inc (NYSE:DPZ) by 175,891 shares to 1.31M shares, valued at $306.59 million in 2018Q1, according to the filing. It also increased its holding in Softbank Group Corp Adr Adr (SFTBY) by 1.21M shares in the quarter, for a total of 21.25M shares, and has risen its stake in Stratasys Ltd (NASDAQ:SSYS).
Among 23 analysts covering Magellan Midstream Partners L.P. (NYSE:MMP), 13 have Buy rating, 3 Sell and 7 Hold. Therefore 57% are positive. Magellan Midstream Partners L.P. had 68 analyst reports since August 7, 2015 according to SRatingsIntel. The company was upgraded on Friday, May 5 by Credit Suisse. Seaport Global initiated it with “Buy” rating and $82 target in Tuesday, June 14 report. The company was upgraded on Tuesday, August 11 by Stifel Nicolaus. On Monday, August 10 the stock rating was maintained by Argus Research with “Buy”. The firm has “Hold” rating given on Sunday, October 1 by RBC Capital Markets. The stock of Magellan Midstream Partners, L.P. (NYSE:MMP) has “Underweight” rating given on Thursday, August 18 by Morgan Stanley. Mizuho maintained it with “Neutral” rating and $74 target in Monday, February 6 report. The rating was upgraded by Raymond James to “Strong Buy” on Monday, January 4. Bank of America maintained the stock with “Buy” rating in Friday, February 2 report. RBC Capital Markets maintained the stock with “Outperform” rating in Wednesday, November 4 report.
More important recent Magellan Midstream Partners, L.P. (NYSE:MMP) news were published by: Prnewswire.com which released: “Magellan Midstream to Expand Western Leg of Texas Refined Petroleum Products Pipeline System” on May 21, 2018, also Globenewswire.com published article titled: “Recent Analysis Shows Camden Property Trust, Biglari, Argan, Chimerix, Workhorse Group, and Magellan Midstream …”, Nasdaq.com published: “3 High-Yield Stocks Still Worth Buying” on May 21, 2018. More interesting news about Magellan Midstream Partners, L.P. (NYSE:MMP) was released by: Investorplace.com and their article: “5 MLPs That Should Crush the Market in 2018” with publication date: May 17, 2018.
Raub Brock Capital Management Lp, which manages about $602.95M and $401.69M US Long portfolio, decreased its stake in Mastercard Inc. (NYSE:MA) by 13,411 shares to 116,319 shares, valued at $20.37M in 2018Q1, according to the filing. It also reduced its holding in Novo (NYSE:NVO) by 333,419 shares in the quarter, leaving it with 5,427 shares, and cut its stake in Schwab Us Dividend (SCHD).
The post Raub Brock Capital Management LP Has Upped Magellan Midstream Partners (MMP) Position by $663,520; Share Price Rose; Fisher Asset Management Cut Lloyds Banking Group Plc Adr (LYG) Holding as Valuation Declined appeared first on Stock Market News | HillCountryTimes | Get it Today.
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