Adage Capital Partners Gp Has Lowered Advance Auto Parts (AAP) Position by $45.40 Million as Shares Rose; Kinder Morgan Del (KMI) Position Has Raised by Nichols & Pratt Advisers Llp

September 14, 2018 - By Eric Painter

Kinder Morgan, Inc. (NYSE:KMI) Logo

Nichols & Pratt Advisers Llp increased its stake in Kinder Morgan Inc Del (KMI) by 7.08% based on its latest 2018Q2 regulatory filing with the SEC. Nichols & Pratt Advisers Llp bought 56,445 shares as the company’s stock rose 8.48% with the market. The institutional investor held 853,130 shares of the public utilities company at the end of 2018Q2, valued at $15.07M, up from 796,685 at the end of the previous reported quarter. Nichols & Pratt Advisers Llp who had been investing in Kinder Morgan Inc Del for a number of months, seems to be bullish on the $39.72B market cap company. The stock decreased 1.64% or $0.3 during the last trading session, reaching $18. About 2.97M shares traded. Kinder Morgan, Inc. (NYSE:KMI) has declined 6.20% since September 14, 2017 and is downtrending. It has underperformed by 21.82% the S&P500. Some Historical KMI News: 29/05/2018 – CANADA FINANCE MINISTER: THERE ARE A NUMBER OF ASSETS KINDER MORGAN CANADA HAS RETAINED THAT ARE NOT INTEGRAL TO TRANS MOUNTAIN EXPANSION; 29/05/2018 – Globalnews.ca: #BREAKING: Federal government to spend $4.5B on Kinder Morgan Trans Mountain pipeline projec; 26/04/2018 – ZEVIN ASSET MANAGEMENT SAYS SEEKS KINDER MORGAN SHAREHOLDERS SUPPORT FOR PROPOSAL NO. 7 ON THE 2018 PROXY BALLOT OF KINDER MORGAN INC; 18/04/2018 – Kinder Morgan: Expectations Assume Average Annual Prices for West Texas Intermediate Crude Oil of $56.50 Per Barrel; 22/05/2018 – British Columbia says it is not delaying Canadian pipeline expansion; 18/04/2018 – BRITISH COLUMBIA TO FILE KINDER MORGAN PIPELINE CASE THIS MONTH; 29/05/2018 – CANADIAN GOVT SAYS PROVINCE OF ALBERTA WILL ALSO CONTRIBUTE TO GET PROJECT BUILT; ALBERTA’S CONTRIBUTION WOULD ACT AS EMERGENCY FUND; 26/04/2018 – British Columbia Move Comes as Doubt Hovers Over Kinder Morgan’s Trans Mountain Project; 28/05/2018 – Canada likely to buy Trans Mountain pipeline project – Bloomberg; 29/05/2018 – KINDER MORGAN INC – KINDER MORGAN CANADA LIMITED BOARD AGREED TO PURCHASE OF TRANS MOUNTAIN PIPELINE SYSTEM & EXPANSION PROJECT BY GOVERNMENT OF CANADA

Adage Capital Partners Gp Llc decreased its stake in Advance Auto Parts Inc (AAP) by 20.75% based on its latest 2018Q2 regulatory filing with the SEC. Adage Capital Partners Gp Llc sold 336,308 shares as the company’s stock rose 25.94% with the market. The hedge fund held 1.28M shares of the other specialty stores company at the end of 2018Q2, valued at $174.33 million, down from 1.62M at the end of the previous reported quarter. Adage Capital Partners Gp Llc who had been investing in Advance Auto Parts Inc for a number of months, seems to be less bullish one the $12.40 billion market cap company. The stock increased 0.42% or $0.7 during the last trading session, reaching $167.43. About 181,248 shares traded. Advance Auto Parts, Inc. (NYSE:AAP) has risen 71.81% since September 14, 2017 and is uptrending. It has outperformed by 56.19% the S&P500. Some Historical AAP News: 02/04/2018 – Advance Auto Parts CFO Tom Okray to Leave; 02/04/2018 – Advance Auto Parts CFO Okray to Leave to Join Another Company; 23/05/2018 – Advance Auto Parts Grapples With Higher Fuel Costs; 02/04/2018 – ADVANCE AUTO PARTS INC – COMPANY REAFFIRMS FULL-YEAR GUIDANCE; 22/05/2018 – Advance Auto Parts 1Q Net $136.7M; 02/04/2018 – ADVANCE AUTO PARTS SAYS CFO TOM OKRAY LEAVING CO; 02/04/2018 – Advance Auto Parts Names Jeff Shepherd Interim CFO; 22/05/2018 – Advance Auto Parts Profit Rises; 29/03/2018 – The Klein Law Firm Reminds Investors of a Class Action Filed on Behalf of Advance Auto Parts, Inc. Shareholders and a Lead Plaintiff Deadline of April 9, 2018 (AAP); 02/04/2018 – ADVANCE AUTO PARTS REPORTS CFO TRANSITION

More notable recent Kinder Morgan, Inc. (NYSE:KMI) news were published by: Fool.com which released: “Kinder Morgan Inc. Dodged a Bullet in Canada” on September 04, 2018, also Fool.com with their article: “Kinder Morgan Inc. Officially Locks In More Growth” published on September 06, 2018, Seekingalpha.com published: “Kinder Morgan’s Dividend Isn’t Fairly Valued” on August 20, 2018. More interesting news about Kinder Morgan, Inc. (NYSE:KMI) were released by: Seekingalpha.com and their article: “Kinder Morgan stops Elba Island construction ahead of Florence” published on September 13, 2018 as well as Seekingalpha.com‘s news article titled: “Kinder Morgan: Halfway To A Warren Buffett Company” with publication date: August 21, 2018.

Nichols & Pratt Advisers Llp, which manages about $1.58 billion and $1.12B US Long portfolio, decreased its stake in Automatic Data Processing In (NASDAQ:ADP) by 3,406 shares to 456,378 shares, valued at $61.22 million in 2018Q2, according to the filing. It also reduced its holding in Coca Cola Co (NYSE:KO) by 7,643 shares in the quarter, leaving it with 850,652 shares, and cut its stake in Caterpillar Inc Del (NYSE:CAT).

Among 25 analysts covering Kinder Morgan (NYSE:KMI), 19 have Buy rating, 0 Sell and 6 Hold. Therefore 76% are positive. Kinder Morgan had 91 analyst reports since July 30, 2015 according to SRatingsIntel. As per Thursday, July 27, the company rating was maintained by BMO Capital Markets. UBS maintained the shares of KMI in report on Friday, March 2 with “Buy” rating. Goldman Sachs maintained Kinder Morgan, Inc. (NYSE:KMI) on Sunday, August 16 with “Buy” rating. Mizuho maintained Kinder Morgan, Inc. (NYSE:KMI) rating on Thursday, January 25. Mizuho has “Hold” rating and $21.0 target. The firm has “Hold” rating given on Thursday, July 20 by RBC Capital Markets. The firm has “Hold” rating by Wells Fargo given on Thursday, January 11. The firm has “Outperform” rating given on Thursday, January 28 by Credit Suisse. Morgan Stanley upgraded the shares of KMI in report on Thursday, August 18 to “Overweight” rating. As per Friday, July 27, the company rating was maintained by JP Morgan. The rating was upgraded by Bernstein to “Buy” on Tuesday, June 26.

Investors sentiment is 0.99 in Q2 2018. Its the same as in 2018Q1. It is flat, as 56 investors sold KMI shares while 299 reduced holdings. only 78 funds opened positions while 272 raised stakes. 1.27 billion shares or 3.21% less from 1.31 billion shares in 2018Q1 were reported. 1.26 million are held by Ameriprise Fincl Incorporated. Old Point Trust Services N A reported 1.65% stake. Farmers holds 0.92% or 172,381 shares. Tarbox Family Office Inc invested in 0.01% or 742 shares. Qci Asset Mgmt Inc New York reported 0% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI). Trust Co Of Oklahoma accumulated 51,433 shares. Livforsakringsbolaget Skandia Omsesidigt invested in 0.06% or 35,670 shares. Amf Pensionsforsakring Ab, Sweden-based fund reported 3.21M shares. Washington Trust Bank invested in 0.57% or 233,274 shares. Amer Assets Invest Llc holds 0.71% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI) for 232,900 shares. Callahan Advisors Ltd Company holds 1.62% in Kinder Morgan, Inc. (NYSE:KMI) or 466,305 shares. Price Cap Mngmt Inc reported 0.38% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI). Northeast Fincl Consultants invested 0.07% in Kinder Morgan, Inc. (NYSE:KMI). Amalgamated Retail Bank holds 244,582 shares. Advent Intll Corp Ma accumulated 2.43M shares.

More news for Advance Auto Parts, Inc. (NYSE:AAP) were recently published by: Investorplace.com, which released: “3 Earnings Reports to Watch Next Week” on September 14, 2018. 247Wallst.com‘s article titled: “Retailers That Are Scoring Big for Investors” and published on August 18, 2018 is yet another important article.

Since March 21, 2018, it had 2 insider buys, and 0 sales for $1.20 million activity. On Wednesday, March 21 Greco Thomas bought $1.00 million worth of Advance Auto Parts, Inc. (NYSE:AAP) or 8,640 shares.

Among 29 analysts covering Advance Auto Parts Inc. (NYSE:AAP), 15 have Buy rating, 2 Sell and 12 Hold. Therefore 52% are positive. Advance Auto Parts Inc. had 112 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was initiated by Susquehanna with “Neutral” on Friday, August 26. Citigroup maintained the shares of AAP in report on Friday, May 20 with “Neutral” rating. JP Morgan maintained it with “Overweight” rating and $140 target in Wednesday, May 23 report. The firm has “Positive” rating by Susquehanna given on Tuesday, November 15. The stock of Advance Auto Parts, Inc. (NYSE:AAP) earned “Outperform” rating by Wedbush on Wednesday, March 15. On Wednesday, December 14 the stock rating was initiated by Atlantic Securities with “Overweight”. Credit Suisse upgraded the stock to “Buy” rating in Friday, April 20 report. Credit Suisse maintained the stock with “Buy” rating in Monday, July 17 report. The company was downgraded on Friday, November 13 by Sterne Agee CRT. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, September 8.

Analysts await Advance Auto Parts, Inc. (NYSE:AAP) to report earnings on November, 13. They expect $1.74 earnings per share, up 21.68% or $0.31 from last year’s $1.43 per share. AAP’s profit will be $128.90M for 24.06 P/E if the $1.74 EPS becomes a reality. After $1.97 actual earnings per share reported by Advance Auto Parts, Inc. for the previous quarter, Wall Street now forecasts -11.68% negative EPS growth.

Adage Capital Partners Gp Llc, which manages about $43.67 billion US Long portfolio, upped its stake in Anaptysbio Inc by 171,744 shares to 1.55M shares, valued at $110.06M in 2018Q2, according to the filing. It also increased its holding in Garmin Ltd (NASDAQ:GRMN) by 45,800 shares in the quarter, for a total of 136,612 shares, and has risen its stake in Lilly Eli & Co (NYSE:LLY).

Investors sentiment decreased to 1.04 in 2018 Q2. Its down 0.06, from 1.1 in 2018Q1. It fall, as 35 investors sold AAP shares while 131 reduced holdings. 63 funds opened positions while 109 raised stakes. 72.49 million shares or 4.78% less from 76.12 million shares in 2018Q1 were reported. 14,065 are owned by Zurcher Kantonalbank (Zurich Cantonalbank). 3,143 were reported by Kentucky Retirement Sys. Advisory Services Net Limited Liability holds 0% of its portfolio in Advance Auto Parts, Inc. (NYSE:AAP) for 27 shares. Schroder Mgmt Gru owns 361,540 shares for 0.05% of their portfolio. First Allied Advisory holds 0.05% or 9,285 shares. Amundi Pioneer Asset Mngmt Incorporated holds 0.01% or 60,636 shares in its portfolio. Laffer Investments invested in 20,394 shares. Cambiar Lc stated it has 0.08% of its portfolio in Advance Auto Parts, Inc. (NYSE:AAP). Rice Hall James And Assoc Lc has 43,026 shares for 0.21% of their portfolio. 7.28M are owned by Vanguard Grp Incorporated Incorporated. Cibc World invested 0.02% of its portfolio in Advance Auto Parts, Inc. (NYSE:AAP). Hartford Investment Mngmt Co accumulated 8,433 shares. Lord Abbett & Commerce Ltd Co has invested 0.3% in Advance Auto Parts, Inc. (NYSE:AAP). Public Employees Retirement Systems Of Ohio holds 0.02% of its portfolio in Advance Auto Parts, Inc. (NYSE:AAP) for 28,564 shares. Natl Bank Of America Corporation De invested in 0% or 178,600 shares.

Kinder Morgan, Inc. (NYSE:KMI) Institutional Positions Chart

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