Mplx LP (MPLX) Shareholder Westwood Holdings Group Lifted Its Holding; As Kellogg Co (K) Share Price Declined, Legg Mason Asset Management Japan Has Cut Holding

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Bill Miller decreased its stake in Kellogg Co (K) by 23.8% based on its latest 2018Q1 regulatory filing with the SEC. Legg Mason Asset Management Japan sold 8,400 shares as the company’s stock declined 5.40% with the market. The hedge fund run by Bill Miller held 26,900 shares of the packaged foods company at the end of 2018Q1, valued at $1.75 million, down from 35,300 at the end of the previous reported quarter. Legg Mason Asset Management Japan who had been investing in Kellogg Co for a number of months, seems to be less bullish one the $22.33B market cap company. The stock decreased 1.59% or $1.04 during the last trading session, reaching $64.39. About 2.88M shares traded. Kellogg Company (NYSE:K) has declined 10.25% since May 31, 2017 and is downtrending. It has underperformed by 22.82% the S&P500.

Westwood Holdings Group Inc increased its stake in Mplx Lp (MPLX) by 2.14% based on its latest 2018Q1 regulatory filing with the SEC. Westwood Holdings Group Inc bought 17,666 shares as the company’s stock rose 0.85% while stock markets declined. The institutional investor held 842,901 shares of the natural gas distribution company at the end of 2018Q1, valued at $27.85 million, up from 825,235 at the end of the previous reported quarter. Westwood Holdings Group Inc who had been investing in Mplx Lp for a number of months, seems to be bullish on the $28.51B market cap company. The stock decreased 0.44% or $0.16 during the last trading session, reaching $35.91. About 1.03 million shares traded. MPLX LP (NYSE:MPLX) has risen 2.16% since May 31, 2017 and is uptrending. It has underperformed by 10.41% the S&P500.

Since December 13, 2017, it had 1 buy, and 8 selling transactions for $165.23 billion activity. The insider Khan Fareed A bought $499,150.

Investors sentiment decreased to 0.86 in Q1 2018. Its down 0.05, from 0.91 in 2017Q4. It is negative, as 56 investors sold K shares while 211 reduced holdings. 67 funds opened positions while 163 raised stakes. 304.23 million shares or 1.56% less from 309.07 million shares in 2017Q4 were reported. Aull Monroe Invest Mgmt Corp holds 0.22% or 6,367 shares in its portfolio. Creative Planning owns 18,127 shares. Visionary Asset Management holds 0.08% or 3,887 shares. Neuberger Berman Grp Limited Company accumulated 14,599 shares. Mufg Americas Hldgs has invested 0.02% in Kellogg Company (NYSE:K). Nuveen Asset Ltd holds 0% of its portfolio in Kellogg Company (NYSE:K) for 5,240 shares. Monroe Commercial Bank Trust Mi accumulated 400 shares or 0.01% of the stock. Hightower Ltd Liability Co holds 0.01% in Kellogg Company (NYSE:K) or 16,096 shares. Ing Groep Nv has invested 0.1% in Kellogg Company (NYSE:K). American Century invested in 4.22 million shares. Bb&T Secs Lc invested in 0.06% or 86,004 shares. Opus Investment Mngmt Inc holds 0.73% of its portfolio in Kellogg Company (NYSE:K) for 61,000 shares. Impax Asset Mngmt Ltd Liability Co holds 64,967 shares. Cullen Frost Bankers Incorporated has invested 0.03% in Kellogg Company (NYSE:K). Icon Advisers reported 4,500 shares.

Among 27 analysts covering Kellogg Company (NYSE:K), 10 have Buy rating, 3 Sell and 14 Hold. Therefore 37% are positive. Kellogg Company had 79 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was downgraded by Zacks to “Hold” on Wednesday, August 5. The firm has “Hold” rating by RBC Capital Markets given on Friday, February 9. The rating was initiated by Buckingham Research on Monday, October 19 with “Buy”. Stifel Nicolaus maintained the shares of K in report on Thursday, August 3 with “Hold” rating. RBC Capital Markets maintained it with “Sector Perform” rating and $72 target in Wednesday, August 5 report. The stock of Kellogg Company (NYSE:K) has “Equal-Weight” rating given on Tuesday, December 8 by Morgan Stanley. The rating was maintained by BMO Capital Markets with “Hold” on Wednesday, September 6. The firm earned “Buy” rating on Friday, August 5 by Citigroup. The firm earned “Hold” rating on Wednesday, June 14 by BMO Capital Markets. The firm has “Overweight” rating given on Friday, August 4 by JP Morgan.

Analysts await Kellogg Company (NYSE:K) to report earnings on August, 2. They expect $1.05 earnings per share, up 8.25% or $0.08 from last year’s $0.97 per share. K’s profit will be $364.20 million for 15.33 P/E if the $1.05 EPS becomes a reality. After $1.19 actual earnings per share reported by Kellogg Company for the previous quarter, Wall Street now forecasts -11.76% negative EPS growth.

More notable recent Kellogg Company (NYSE:K) news were published by: Seekingalpha.com which released: “Should You Short Kellogg Stock?” on May 29, 2018, also Seekingalpha.com with their article: “Kellogg’s Serial Decline And What Matters (Podcast)” published on May 22, 2018, Seekingalpha.com published: “Kellogg: Better Options For Dividend Growth” on May 16, 2018. More interesting news about Kellogg Company (NYSE:K) were released by: 247Wallst.com and their article: “6 Most Important Things in Business Today” published on May 16, 2018 as well as Seekingalpha.com‘s news article titled: “Kellogg: Great Time To Buy” with publication date: May 07, 2018.

Since December 11, 2017, it had 0 insider buys, and 1 sale for $74,000 activity.

Westwood Holdings Group Inc, which manages about $12.32B US Long portfolio, decreased its stake in Ishares Msci Taiwan Etf by 892,423 shares to 507,865 shares, valued at $19.47 million in 2018Q1, according to the filing. It also reduced its holding in Exxon Mobil Corp (NYSE:XOM) by 17,701 shares in the quarter, leaving it with 170,399 shares, and cut its stake in Columbia Sportswear Co (NASDAQ:COLM).

Investors sentiment increased to 1.34 in Q1 2018. Its up 0.52, from 0.82 in 2017Q4. It increased, as 18 investors sold MPLX shares while 69 reduced holdings. 24 funds opened positions while 93 raised stakes. 241.70 million shares or 3.53% less from 250.53 million shares in 2017Q4 were reported. Knott David M invested in 75,000 shares. Country Club Tru Na invested in 0.07% or 18,433 shares. Kayne Anderson Advsrs Limited Partnership accumulated 11.12 million shares. Fiduciary Services Of The Southwest Tx reported 0.2% in MPLX LP (NYSE:MPLX). Advantus Cap stated it has 0.11% in MPLX LP (NYSE:MPLX). Cwm Ltd Liability Com accumulated 0% or 775 shares. Citigroup has invested 0.08% of its portfolio in MPLX LP (NYSE:MPLX). Starr International reported 180,000 shares. Carroll Fin Associates owns 0% invested in MPLX LP (NYSE:MPLX) for 394 shares. Jane Street Gru Limited Liability Corp holds 62,540 shares. Hanson Mcclain Inc invested in 0% or 124 shares. Ent Finance Svcs Corporation owns 3,050 shares. New York-based Miller Howard Investments Incorporated Ny has invested 3.03% in MPLX LP (NYSE:MPLX). Silvercrest Asset Management Grp Inc Limited Liability Corporation stated it has 383,318 shares or 0.12% of all its holdings. Catalyst Cap Advsrs Ltd Llc has invested 0.01% in MPLX LP (NYSE:MPLX).

Among 21 analysts covering MPLX LP (NYSE:MPLX), 17 have Buy rating, 0 Sell and 4 Hold. Therefore 81% are positive. MPLX LP had 67 analyst reports since October 20, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, June 1 by Jefferies. The stock of MPLX LP (NYSE:MPLX) earned “Outperform” rating by RBC Capital Markets on Monday, May 2. As per Tuesday, April 19, the company rating was maintained by Citigroup. The company was maintained on Monday, August 28 by Jefferies. Credit Suisse upgraded the shares of MPLX in report on Friday, April 29 to “Outperform” rating. As per Wednesday, March 1, the company rating was upgraded by Mitsubishi UFJ. On Monday, August 14 the stock rating was maintained by Jefferies with “Buy”. As per Monday, April 16, the company rating was upgraded by Guggenheim. The rating was maintained by Jefferies on Tuesday, April 24 with “Hold”. On Thursday, October 26 the stock rating was maintained by Stifel Nicolaus with “Buy”.

MPLX LP (NYSE:MPLX) Institutional Positions Chart