Ascend Capital Raised Its Stake in Education Rlty Tr (EDR) by $1.69 Million; As American Midstream Partners (AMID) Stock Price Declined, Shareholder Hite Hedge Asset Management Has Upped Holding

January 22, 2018 - By Adrian Mccoy

Hite Hedge Asset Management Llc increased its stake in American Midstream Partners (AMID) by 57.06% based on its latest 2017Q3 regulatory filing with the SEC. Hite Hedge Asset Management Llc bought 269,107 shares as the company’s stock declined 17.59% while stock markets rallied. The hedge fund held 740,756 shares of the public utilities company at the end of 2017Q3, valued at $10.11M, up from 471,649 at the end of the previous reported quarter. Hite Hedge Asset Management Llc who had been investing in American Midstream Partners for a number of months, seems to be bullish on the $767.82M market cap company. It closed at $14.3 lastly. It is down 15.28% since January 22, 2017 and is uptrending. It has underperformed by 1.42% the S&P500.

Malcolm Fairbairn increased its stake in Education Rlty Tr Inc (EDR) by 37.32% based on its latest 2017Q3 regulatory filing with the SEC. Ascend Capital Llc bought 48,191 shares as the company’s stock declined 5.21% while stock markets rallied. The hedge fund run by Malcolm Fairbairn held 177,337 shares of the real estate investment trusts company at the end of 2017Q3, valued at $6.37M, up from 129,146 at the end of the previous reported quarter. Ascend Capital Llc who had been investing in Education Rlty Tr Inc for a number of months, seems to be bullish on the $2.53B market cap company. The stock decreased 0.12% or $0.04 during the last trading session, reaching $33.25. About 338,845 shares traded. Education Realty Trust, Inc. (NYSE:EDR) has declined 7.19% since January 22, 2017 and is downtrending. It has underperformed by 23.89% the S&P500.

Among 9 analysts covering American Midstream Partners LP (NYSE:AMID), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. American Midstream Partners LP had 23 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has “Hold” rating by Wunderlich given on Wednesday, January 20. As per Wednesday, August 12, the company rating was upgraded by UBS. The company was maintained on Monday, June 19 by RBC Capital Markets. The firm has “Outperform” rating by RBC Capital Markets given on Friday, August 19. Ladenburg Thalmann downgraded it to “Neutral” rating and $14 target in Tuesday, March 15 report. Citigroup downgraded the shares of AMID in report on Tuesday, October 10 to “Neutral” rating. The rating was maintained by RBC Capital Markets on Sunday, October 1 with “Hold”. The firm earned “Hold” rating on Sunday, November 5 by RBC Capital Markets. The rating was upgraded by Barclays Capital to “Overweight” on Wednesday, August 12. The rating was maintained by RBC Capital Markets on Tuesday, October 25 with “Outperform”.

Investors sentiment increased to 0.94 in Q3 2017. Its up 0.42, from 0.52 in 2017Q2. It improved, as 4 investors sold AMID shares while 13 reduced holdings. 6 funds opened positions while 10 raised stakes. 29.93 million shares or 2.69% more from 29.15 million shares in 2017Q2 were reported. Susquehanna Group Inc Limited Liability Partnership holds 22,423 shares or 0% of its portfolio. Arrow Inv Limited Liability Company invested in 0.25% or 61,044 shares. Price Michael F invested in 1.3% or 685,499 shares. Sunbelt Incorporated holds 10,750 shares or 0.15% of its portfolio. Advisory Research Inc stated it has 0.29% in American Midstream Partners, LP (NYSE:AMID). Citigroup invested in 34,622 shares or 0% of the stock. Bnp Paribas Arbitrage Sa has 0% invested in American Midstream Partners, LP (NYSE:AMID) for 5,572 shares. California Public Employees Retirement Sys reported 0% stake. Regent Inv Ltd Limited Liability Company stated it has 11,756 shares. National Bank & Trust Of Montreal Can has 0% invested in American Midstream Partners, LP (NYSE:AMID). 10,163 were reported by Barclays Public Ltd Com. Morgan Stanley stated it has 515,867 shares. Group Incorporated One Trading Ltd Partnership owns 9,224 shares. National Bank & Trust Of America De invested 0% in American Midstream Partners, LP (NYSE:AMID). Eagle Glob Advsrs Limited Co has invested 0% in American Midstream Partners, LP (NYSE:AMID).

Hite Hedge Asset Management Llc, which manages about $778.61M and $387.03M US Long portfolio, decreased its stake in Suburban Propane Partners L (NYSE:SPH) by 189,763 shares to 135,349 shares, valued at $3.53M in 2017Q3, according to the filing. It also reduced its holding in Williams Partners LP New (ACMP) by 90,129 shares in the quarter, leaving it with 246,196 shares, and cut its stake in Alon Usa Partners Lp (NYSE:ALDW).

Investors sentiment increased to 1.72 in 2017 Q3. Its up 0.15, from 1.57 in 2017Q2. It increased, as 13 investors sold EDR shares while 56 reduced holdings. 32 funds opened positions while 87 raised stakes. 81.03 million shares or 0.60% less from 81.52 million shares in 2017Q2 were reported. Morgan Stanley has 0.01% invested in Education Realty Trust, Inc. (NYSE:EDR). Swiss Bank reported 122,196 shares or 0.01% of all its holdings. 26,757 were accumulated by Proshare Llc. Ls Advsr Limited Liability Co stated it has 0.02% in Education Realty Trust, Inc. (NYSE:EDR). Weaver C Barksdale & Assocs Inc holds 0% or 45 shares. Alliancebernstein LP owns 3.14 million shares. Metropolitan Life Insur Company Ny has 0.03% invested in Education Realty Trust, Inc. (NYSE:EDR) for 121,530 shares. 6,979 were accumulated by Hsbc Holdings Plc. Indexiq Advsr Limited Liability owns 89,350 shares. California Public Employees Retirement Sys accumulated 0.01% or 115,469 shares. Bridgeway Mngmt Inc, Texas-based fund reported 59,500 shares. Td Asset Management Incorporated owns 13,700 shares. Geode Cap Mgmt Llc stated it has 0.01% in Education Realty Trust, Inc. (NYSE:EDR). 25,614 were reported by Balyasny Asset Mgmt Lc. Tributary Capital Mngmt Ltd Co accumulated 1.34% or 434,521 shares.

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