As Plains All Amern Pipeline L (PAA) Market Value Rose, Holder Kayne Anderson Capital Advisors LP Has Decreased Its Position by $8.02 Million; Northern Trust (NTRS) Holder Wilkins Investment Counsel Has Decreased Its Stake by $336,810 as Share Price Declined

June 19, 2018 - By wolcottdaily

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Kayne Anderson Capital Advisors Lp decreased its stake in Plains All Amern Pipeline L (PAA) by 3.32% based on its latest 2018Q1 regulatory filing with the SEC. Kayne Anderson Capital Advisors Lp sold 364,400 shares as the company’s stock rose 6.74% while stock markets declined. The hedge fund held 10.60 million shares of the energy company at the end of 2018Q1, valued at $233.44 million, down from 10.96 million at the end of the previous reported quarter. Kayne Anderson Capital Advisors Lp who had been investing in Plains All Amern Pipeline L for a number of months, seems to be less bullish one the $17.92B market cap company. The stock increased 0.14% or $0.03 during the last trading session, reaching $24.69. About 434,498 shares traded. Plains All American Pipeline, L.P. (NYSE:PAA) has declined 14.41% since June 19, 2017 and is downtrending. It has underperformed by 26.98% the S&P500. Some Historical PAA News: 06/03/2018 – Velocity Midstream Partners Announces the Completion of Its 12″ Crude Oil Pipeline Loop through the SCOOP Play and the Construction of a 12″ Merge Pipeline Extension with Connections to CVR Refinery and Cushing; 12/04/2018 – BridgeTex crude pipeline cancels low spot rate as demand rises; 08/05/2018 – PLAINS ALL AMERICAN PIPELINE LP QTRLY DILUTED NET INCOME PER COMMON UNIT $0.33; 08/05/2018 – PLAINS ALL AMERICAN 1Q ADJ EBITDA $593M, EST. $570.6M; 05/04/2018 – Texas oil output surge clogs pipelines, depresses prices; 08/05/2018 – PLAINS ALL AMERICAN 1Q REV. $8.40B, EST. $7.56B; 05/03/2018 PLAINS ALL AMERICAN CEO GREG ARMSTRONG SPEAKS AT CERAWEEK; 09/04/2018 – Plains All American Names Jeremy Goebel Senior Group VP, Comml; 13/03/2018 – PLAINS ALL AMERICAN PIPELINE LP PAA.N : JP MORGAN RAISES TARGET PRICE TO $28 FROM $27; 09/04/2018 – Plains All American Names Chris R. Chandler Senior VP, Strategic Planning and Acquisitions

Wilkins Investment Counsel Inc decreased its stake in Northern Trust (NTRS) by 2.62% based on its latest 2018Q1 regulatory filing with the SEC. Wilkins Investment Counsel Inc sold 3,270 shares as the company’s stock declined 2.05% with the market. The institutional investor held 121,335 shares of the major banks company at the end of 2018Q1, valued at $12.51M, down from 124,605 at the end of the previous reported quarter. Wilkins Investment Counsel Inc who had been investing in Northern Trust for a number of months, seems to be less bullish one the $24.14B market cap company. The stock increased 0.15% or $0.1631 during the last trading session, reaching $107.2731. About 404,358 shares traded. Northern Trust Corporation (NASDAQ:NTRS) has risen 20.76% since June 19, 2017 and is uptrending. It has outperformed by 8.19% the S&P500. Some Historical NTRS News: 24/04/2018 – GLOBAL BANKS: UBS SAYS IT IS OVERWEIGHT ON US BANKS; 22/03/2018 – Northern Trust Closes Below 50-Day Moving Average: Technicals; 17/05/2018 – Northern Trust Bolsters Institutional Brokerage With Experienced Hire; 22/05/2018 – NORTHERN TRUST NAMES DAVID I. KIM HEAD OF SALES ASIA-PACIFIC; 12/04/2018 – Northern Trust Closes Above 50-Day Moving Average: Technicals; 13/03/2018 – Northern Trust to Provide Investment Management and Advisory Services to The Grand Haven Area Community Foundation; 16/04/2018 – Northern Trust Strengthens New York Wealth Management Team; 21/04/2018 – DJ Northern Trust Corporation, Inst Holders, 1Q 2018 (NTRS); 19/04/2018 – The Northern Pool to Partner with Northern Trust for £46bn Mandate; 09/05/2018 – Northern Trust Corporation Buys New 1.2% Position in Aptiv

Since January 26, 2018, it had 0 insider purchases, and 19 selling transactions for $24.19 million activity. Another trade for 20,000 shares valued at $2.10M was sold by MORRISON WILLIAM L. On Monday, May 7 the insider Cohodes Jeffrey D. sold $1.58 million. On Friday, January 26 Blake Aileen B sold $315,960 worth of Northern Trust Corporation (NASDAQ:NTRS) or 3,000 shares. The insider Potter Stephen N sold $1.06 million. Shares for $640,740 were sold by BROWNE ROBERT P. Bowman Biff sold $1.50 million worth of stock or 13,811 shares.

More news for Northern Trust Corporation (NASDAQ:NTRS) were recently published by: Nasdaq.com, which released: “Recent Analysis Shows NuVasive, Ecolab, Roku, Northern Trust, Sea Limited, and Twenty-First Century Fox Market …” on June 15, 2018. Streetinsider.com‘s article titled: “Northern Trust (NTRS) Reports Strategic Partnership with Lumint Corp. for Foreign Exchange Solutions” and published on June 19, 2018 is yet another important article.

Analysts await Northern Trust Corporation (NASDAQ:NTRS) to report earnings on July, 18. They expect $1.62 EPS, up 37.29% or $0.44 from last year’s $1.18 per share. NTRS’s profit will be $364.48 million for 16.55 P/E if the $1.62 EPS becomes a reality. After $1.61 actual EPS reported by Northern Trust Corporation for the previous quarter, Wall Street now forecasts 0.62% EPS growth.

Wilkins Investment Counsel Inc, which manages about $365.32M and $316.18M US Long portfolio, upped its stake in General Mills (NYSE:GIS) by 10,825 shares to 159,175 shares, valued at $7.17 million in 2018Q1, according to the filing. It also increased its holding in Medtronic Plc (NYSE:MDT) by 3,850 shares in the quarter, for a total of 98,395 shares, and has risen its stake in Weyerhaeuser (NYSE:WY).

Among 17 analysts covering Northern Trust Corporation (NASDAQ:NTRS), 7 have Buy rating, 1 Sell and 9 Hold. Therefore 41% are positive. Northern Trust Corporation had 75 analyst reports since August 6, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, July 20 by Deutsche Bank. Buckingham Research maintained the stock with “Neutral” rating in Thursday, October 19 report. As per Wednesday, April 4, the company rating was maintained by Keefe Bruyette & Woods. The firm has “Strong Buy” rating by Raymond James given on Tuesday, October 13. The stock has “Hold” rating by Barclays Capital on Tuesday, January 2. Jefferies maintained Northern Trust Corporation (NASDAQ:NTRS) rating on Tuesday, January 9. Jefferies has “Buy” rating and $119.0 target. On Wednesday, June 28 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. Deutsche Bank maintained Northern Trust Corporation (NASDAQ:NTRS) rating on Friday, April 6. Deutsche Bank has “Hold” rating and $111 target. Sandler O’Neill maintained it with “Hold” rating and $10800 target in Monday, April 9 report. The stock of Northern Trust Corporation (NASDAQ:NTRS) earned “Buy” rating by RBC Capital Markets on Wednesday, June 28.

Investors sentiment decreased to 0.82 in 2018 Q1. Its down 0.21, from 1.03 in 2017Q4. It dived, as 26 investors sold NTRS shares while 219 reduced holdings. 56 funds opened positions while 146 raised stakes. 172.98 million shares or 1.48% less from 175.58 million shares in 2017Q4 were reported. Suntrust Banks reported 0.01% in Northern Trust Corporation (NASDAQ:NTRS). Carnegie Asset Management Llc reported 0.03% in Northern Trust Corporation (NASDAQ:NTRS). Cibc reported 74,589 shares. Putnam Lc has invested 0% in Northern Trust Corporation (NASDAQ:NTRS). Advsr Asset Mngmt has 0.01% invested in Northern Trust Corporation (NASDAQ:NTRS) for 5,217 shares. Tudor Investment Corp Et Al stated it has 12,166 shares or 0.04% of all its holdings. 32 were reported by Archford Capital Strategies Ltd Co. Financial Bank Of America De invested 0.02% in Northern Trust Corporation (NASDAQ:NTRS). Meag Munich Ergo Kapitalanlagegesellschaft Mbh holds 50,465 shares. Boston Family Office, Massachusetts-based fund reported 18,575 shares. Advisor Lc has 0.11% invested in Northern Trust Corporation (NASDAQ:NTRS). Ent Fincl Svcs Corporation reported 416 shares. First Trust Advisors Limited Partnership owns 39,559 shares. Bonness Enterp invested in 0.91% or 12,700 shares. Monarch Capital invested in 0.69% or 17,277 shares.

Analysts await Plains All American Pipeline, L.P. (NYSE:PAA) to report earnings on August, 6. They expect $0.24 EPS, up 14.29% or $0.03 from last year’s $0.21 per share. PAA’s profit will be $174.17M for 25.72 P/E if the $0.24 EPS becomes a reality. After $0.36 actual EPS reported by Plains All American Pipeline, L.P. for the previous quarter, Wall Street now forecasts -33.33% negative EPS growth.

More notable recent Plains All American Pipeline, L.P. (NYSE:PAA) news were published by: Seekingalpha.com which released: “Oil pipeline companies, producers seek exemptions from steel tariffs” on June 19, 2018, also Fool.com with their article: “3 Energy Mergers That Need to Happen” published on June 12, 2018, Seekingalpha.com published: “5 Fascinating Takeaways From The 2018 EIA Energy Conference” on June 13, 2018. More interesting news about Plains All American Pipeline, L.P. (NYSE:PAA) were released by: Bizjournals.com and their article: “Exxon Mobil, Plains All American to create Permian pipeline JV” published on June 13, 2018 as well as Bizjournals.com‘s news article titled: “5 things to know in Texas energy this week” with publication date: June 18, 2018.

Among 30 analysts covering Plains All American Pipeline LP (NYSE:PAA), 14 have Buy rating, 1 Sell and 15 Hold. Therefore 47% are positive. Plains All American Pipeline LP had 114 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was downgraded by Zacks on Monday, August 10 to “Hold”. The rating was maintained by BMO Capital Markets with “Market Perform” on Friday, August 18. Morgan Stanley maintained Plains All American Pipeline, L.P. (NYSE:PAA) on Thursday, May 26 with “Equal-Weight” rating. The rating was downgraded by Howard Weil to “Sector Perform” on Tuesday, August 8. The stock of Plains All American Pipeline, L.P. (NYSE:PAA) has “Buy” rating given on Wednesday, December 20 by Jefferies. Robert W. Baird upgraded Plains All American Pipeline, L.P. (NYSE:PAA) on Thursday, December 10 to “Outperform” rating. Robert W. Baird upgraded the stock to “Outperform” rating in Tuesday, January 31 report. The firm has “Hold” rating given on Wednesday, April 25 by Jefferies. As per Monday, January 18, the company rating was downgraded by RBC Capital Markets. The stock of Plains All American Pipeline, L.P. (NYSE:PAA) has “Buy” rating given on Friday, August 7 by Citigroup.

Investors sentiment increased to 0.95 in 2018 Q1. Its up 0.23, from 0.72 in 2017Q4. It is positive, as 45 investors sold PAA shares while 83 reduced holdings. 33 funds opened positions while 88 raised stakes. 318.52 million shares or 2.15% more from 311.82 million shares in 2017Q4 were reported. Moreover, Morgan Stanley has 0.06% invested in Plains All American Pipeline, L.P. (NYSE:PAA) for 9.83M shares. Texas Yale Cap accumulated 224,698 shares or 0.43% of the stock. Plante Moran Financial Advisors Ltd Liability invested 0.07% in Plains All American Pipeline, L.P. (NYSE:PAA). Advisory Research owns 5.20M shares. Toronto Dominion Savings Bank invested in 37 shares or 0% of the stock. Heronetta Mgmt LP invested in 3.86% or 290,500 shares. Citadel Llc holds 100,051 shares. Narwhal Cap Management holds 37,775 shares or 0.19% of its portfolio. Utd Fincl Advisers Lc invested in 0.05% or 269,615 shares. Fiera holds 0% or 27,702 shares in its portfolio. Smithfield holds 0% or 1,420 shares. Somerset Group Limited Co holds 0.24% or 12,000 shares. Moreover, Cetera Advsrs Limited Liability has 0.03% invested in Plains All American Pipeline, L.P. (NYSE:PAA) for 23,920 shares. Jpmorgan Chase stated it has 11.00 million shares or 0.05% of all its holdings. Stratos Wealth Prns Limited has 0.01% invested in Plains All American Pipeline, L.P. (NYSE:PAA) for 12,411 shares.

Kayne Anderson Capital Advisors Lp, which manages about $18.02 billion and $7.02B US Long portfolio, upped its stake in Enviva Partners Lp by 27,432 shares to 229,432 shares, valued at $6.28M in 2018Q1, according to the filing. It also increased its holding in Williams Cos Inc Del (NYSE:WMB) by 97,600 shares in the quarter, for a total of 4.56M shares, and has risen its stake in Mplx Lp (NYSE:MPLX).

Plains All American Pipeline, L.P. (NYSE:PAA) Institutional Positions Chart

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