As Spectra Energy Partners LP (SEP) Market Value Declined, Aviance Capital Partners Has Lifted Stake; V3 Capital Management LP Lowered Stake in Alexandria Real Estate Eq In (ARE) by $8.17 Million

January 21, 2018 - By Michael Collier

Aviance Capital Partners Llc increased its stake in Spectra Energy Partners Lp (SEP) by 118.29% based on its latest 2017Q3 regulatory filing with the SEC. Aviance Capital Partners Llc bought 12,651 shares as the company’s stock declined 4.02% while stock markets rallied. The institutional investor held 23,346 shares of the public utilities company at the end of 2017Q3, valued at $1.04 million, up from 10,695 at the end of the previous reported quarter. Aviance Capital Partners Llc who had been investing in Spectra Energy Partners Lp for a number of months, seems to be bullish on the $13.52B market cap company. It closed at $42.59 lastly. It is down 3.32% since January 21, 2017 and is downtrending. It has underperformed by 20.02% the S&P500.

V3 Capital Management Lp decreased its stake in Alexandria Real Estate Eq In (ARE) by 20.94% based on its latest 2017Q3 regulatory filing with the SEC. V3 Capital Management Lp sold 69,250 shares as the company’s stock rose 1.11% with the market. The hedge fund held 261,387 shares of the consumer services company at the end of 2017Q3, valued at $31.10M, down from 330,637 at the end of the previous reported quarter. V3 Capital Management Lp who had been investing in Alexandria Real Estate Eq In for a number of months, seems to be less bullish one the $12.06 billion market cap company. The stock increased 0.45% or $0.57 during the last trading session, reaching $125.95. About 616,812 shares traded. Alexandria Real Estate Equities, Inc. (NYSE:ARE) has risen 25.81% since January 21, 2017 and is uptrending. It has outperformed by 9.11% the S&P500.

Among 19 analysts covering Spectra Energy Partners LP (NYSE:SEP), 9 have Buy rating, 2 Sell and 8 Hold. Therefore 47% are positive. Spectra Energy Partners LP had 49 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Spectra Energy Partners, LP (NYSE:SEP) earned “Overweight” rating by U.S. Capital Advisors on Thursday, January 4. The stock of Spectra Energy Partners, LP (NYSE:SEP) has “Neutral” rating given on Wednesday, September 7 by Simmons & Co. The firm has “Buy” rating by RBC Capital Markets given on Wednesday, December 13. The stock has “Outperform” rating by Wells Fargo on Friday, January 15. The stock of Spectra Energy Partners, LP (NYSE:SEP) earned “Buy” rating by DA Davidson on Thursday, July 23. The rating was upgraded by RBC Capital Markets to “Outperform” on Friday, January 15. The stock of Spectra Energy Partners, LP (NYSE:SEP) earned “Buy” rating by Jefferies on Wednesday, December 20. The firm earned “Buy” rating on Wednesday, December 6 by Raymond James. RBC Capital Markets upgraded Spectra Energy Partners, LP (NYSE:SEP) rating on Monday, January 18. RBC Capital Markets has “Outperform” rating and $58 target. Stifel Nicolaus initiated it with “Buy” rating and $50 target in Tuesday, May 31 report.

Investors sentiment decreased to 1.13 in Q3 2017. Its down 0.15, from 1.28 in 2017Q2. It turned negative, as 19 investors sold SEP shares while 66 reduced holdings. 19 funds opened positions while 77 raised stakes. 62.25 million shares or 3.77% more from 59.98 million shares in 2017Q2 were reported. Thompson Siegel Walmsley Limited Liability Corporation holds 49,350 shares or 0.03% of its portfolio. Morgan Stanley holds 913,041 shares or 0.01% of its portfolio. Gould Asset Mgmt Ltd Company Ca has 11,775 shares for 0.24% of their portfolio. Us National Bank De owns 6,376 shares. 4.65M are held by American Century. Gsa Capital Prns Llp reported 8,570 shares. Goldman Sachs Grp holds 1.41 million shares. Fort Washington Advsrs Oh, Ohio-based fund reported 16,841 shares. Ancora Advisors Limited Liability Company owns 10,818 shares. Plancorp holds 0.55% of its portfolio in Spectra Energy Partners, LP (NYSE:SEP) for 42,300 shares. Heronetta Limited Partnership holds 4.42% or 179,660 shares. First Heartland Consultants invested 0.22% of its portfolio in Spectra Energy Partners, LP (NYSE:SEP). Glob Endowment Mgmt Limited Partnership owns 32,680 shares. Nelson Van Denburg & Campbell Wealth Mgmt Grp Inc Ltd Liability invested 0% of its portfolio in Spectra Energy Partners, LP (NYSE:SEP). Veritable Lp has invested 0.18% in Spectra Energy Partners, LP (NYSE:SEP).

Aviance Capital Partners Llc, which manages about $417.57 million and $295.75 million US Long portfolio, decreased its stake in Nike Inc. (NYSE:NKE) by 8,763 shares to 12,006 shares, valued at $623,000 in 2017Q3, according to the filing. It also reduced its holding in Pfizer Inc. (NYSE:PFE) by 9,235 shares in the quarter, leaving it with 70,709 shares, and cut its stake in Thermo Fisher Scientific Inc. (NYSE:TMO).

V3 Capital Management Lp, which manages about $365.41 million and $509.19 million US Long portfolio, upped its stake in Apartment Invt & Mgmt Co (NYSE:AIV) by 21,600 shares to 448,818 shares, valued at $19.69M in 2017Q3, according to the filing. It also increased its holding in Vornado Rlty Tr (NYSE:VNO) by 62,450 shares in the quarter, for a total of 750,745 shares, and has risen its stake in Douglas Emmett Inc (NYSE:DEI).

Investors sentiment increased to 1.81 in Q3 2017. Its up 0.37, from 1.44 in 2017Q2. It increased, as 18 investors sold ARE shares while 90 reduced holdings. 49 funds opened positions while 147 raised stakes. 92.94 million shares or 1.38% less from 94.23 million shares in 2017Q2 were reported. Sei Com has 127,883 shares for 0.05% of their portfolio. Adage Prns Gp Ltd Llc accumulated 129,900 shares. Kentucky Retirement System invested in 0.05% or 5,592 shares. Echo Street Mngmt Limited Liability owns 96,543 shares for 0.39% of their portfolio. Fmr Limited Liability reported 40,927 shares or 0% of all its holdings. Suntrust Banks accumulated 1,801 shares. Cleararc Cap has invested 0.04% in Alexandria Real Estate Equities, Inc. (NYSE:ARE). Voloridge Investment Management Ltd Liability Com holds 0.1% in Alexandria Real Estate Equities, Inc. (NYSE:ARE) or 36,602 shares. Miles Cap holds 1,737 shares or 0.12% of its portfolio. Piedmont Inv Advsr Limited Liability Co has 0.01% invested in Alexandria Real Estate Equities, Inc. (NYSE:ARE). Nationwide Fund Advsrs has invested 0.09% in Alexandria Real Estate Equities, Inc. (NYSE:ARE). 26,991 were accumulated by Ontario Teachers Pension Plan Board. Serv Automobile Association invested in 29,564 shares. Thrivent Finance For Lutherans owns 111,471 shares. The Quebec – Canada-based Caisse De Depot Et Placement Du Quebec has invested 0% in Alexandria Real Estate Equities, Inc. (NYSE:ARE).

Analysts await Alexandria Real Estate Equities, Inc. (NYSE:ARE) to report earnings on January, 29 after the close. They expect $1.54 EPS, up 8.45% or $0.12 from last year’s $1.42 per share. ARE’s profit will be $147.41M for 20.45 P/E if the $1.54 EPS becomes a reality. After $1.51 actual EPS reported by Alexandria Real Estate Equities, Inc. for the previous quarter, Wall Street now forecasts 1.99% EPS growth.

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>