As Antero Midstream Partners LP (AM) Share Price Declined, Spirit Of America Management Has Raised Holding; Amerisourcebergen (ABC) Shareholder Poplar Forest Capital Raised Stake

February 24, 2018 - By Vivian Park

Spirit Of America Management Corp increased its stake in Antero Midstream Partners Lp (AM) by 2.03% based on its latest 2017Q3 regulatory filing with the SEC. Spirit Of America Management Corp bought 15,100 shares as the company’s stock declined 3.38% while stock markets rallied. The institutional investor held 758,484 shares of the natural gas distribution company at the end of 2017Q3, valued at $23.92 million, up from 743,384 at the end of the previous reported quarter. Spirit Of America Management Corp who had been investing in Antero Midstream Partners Lp for a number of months, seems to be bullish on the $4.95B market cap company. The stock increased 1.69% or $0.44 during the last trading session, reaching $26.49. About 747,518 shares traded or 26.37% up from the average. Antero Midstream Partners LP (NYSE:AM) has risen 39.56% since February 24, 2017 and is uptrending. It has outperformed by 22.86% the S&P500.

Poplar Forest Capital Llc increased its stake in Amerisourcebergen Corp (ABC) by 43.03% based on its latest 2017Q3 regulatory filing with the SEC. Poplar Forest Capital Llc bought 166,952 shares as the company’s stock declined 1.76% while stock markets rallied. The institutional investor held 554,901 shares of the other pharmaceuticals company at the end of 2017Q3, valued at $45.92 million, up from 387,949 at the end of the previous reported quarter. Poplar Forest Capital Llc who had been investing in Amerisourcebergen Corp for a number of months, seems to be bullish on the $21.62B market cap company. The stock increased 1.34% or $1.3 during the last trading session, reaching $98.42. About 1.13M shares traded. AmerisourceBergen Corporation (NYSE:ABC) has risen 18.80% since February 24, 2017 and is uptrending. It has outperformed by 2.10% the S&P500.

Spirit Of America Management Corp, which manages about $529.10M and $944.76M US Long portfolio, decreased its stake in Simon Property Group Inc. (NYSE:SPG) by 4,800 shares to 20,750 shares, valued at $3.34M in 2017Q3, according to the filing. It also reduced its holding in Parsley Energy Inc. (NYSE:PE) by 39,400 shares in the quarter, leaving it with 328,650 shares, and cut its stake in Kimco Realty Corp. Series I 6.00 Percent.

Investors sentiment increased to 2.05 in 2017 Q3. Its up 0.89, from 1.16 in 2017Q2. It improved, as 9 investors sold AM shares while 29 reduced holdings. 20 funds opened positions while 58 raised stakes. 90.48 million shares or 17.25% more from 77.17 million shares in 2017Q2 were reported. 156,329 were reported by Samson Capital Mgmt Ltd Liability. Westwood Holdings has 277,260 shares. Hite Hedge Asset Llc, a Massachusetts-based fund reported 48,712 shares. Botty Investors Lc holds 0.13% of its portfolio in Antero Midstream Partners LP (NYSE:AM) for 12,590 shares. 48,743 are owned by Wells Fargo And Mn. Castleark Mgmt Limited reported 129,844 shares. 6,614 were accumulated by Invesco Limited. Cantab Prtnrs Llp holds 0.06% of its portfolio in Antero Midstream Partners LP (NYSE:AM) for 13,472 shares. Scotia owns 0.01% invested in Antero Midstream Partners LP (NYSE:AM) for 19,207 shares. Northern invested in 0% or 123,437 shares. Ancora Advisors Lc invested in 6,818 shares or 0.01% of the stock. New York-based Goldman Sachs Gru has invested 0.07% in Antero Midstream Partners LP (NYSE:AM). Gsa Cap Partners Llp reported 35,680 shares. Duff & Phelps Inv Mngmt reported 435,000 shares. State Bank Of America Corp De stated it has 3.65M shares or 0.02% of all its holdings.

Among 18 analysts covering Antero Midstream Partners LP (NYSE:AM), 16 have Buy rating, 0 Sell and 2 Hold. Therefore 89% are positive. Antero Midstream Partners LP had 46 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Antero Midstream Partners LP (NYSE:AM) earned “Buy” rating by Ladenburg Thalmann on Wednesday, September 2. Credit Suisse upgraded the shares of AM in report on Tuesday, September 22 to “Outperform” rating. The stock of Antero Midstream Partners LP (NYSE:AM) earned “Buy” rating by Stifel Nicolaus on Tuesday, December 6. Robert W. Baird initiated Antero Midstream Partners LP (NYSE:AM) on Tuesday, May 30 with “Buy” rating. Janney Capital initiated Antero Midstream Partners LP (NYSE:AM) rating on Tuesday, February 9. Janney Capital has “Buy” rating and $27 target. The firm earned “Buy” rating on Thursday, July 23 by DA Davidson. The rating was downgraded by Robert W. Baird to “Neutral” on Monday, February 8. Credit Suisse upgraded Antero Midstream Partners LP (NYSE:AM) rating on Friday, April 29. Credit Suisse has “Outperform” rating and $34 target. The firm has “Buy” rating given on Monday, May 29 by Goldman Sachs. The rating was initiated by Stifel Nicolaus with “Hold” on Thursday, March 17.

Poplar Forest Capital Llc, which manages about $919.26M and $1.15 billion US Long portfolio, decreased its stake in International Business Machs (NYSE:IBM) by 5,106 shares to 171,223 shares, valued at $24.84 million in 2017Q3, according to the filing. It also reduced its holding in Reliance Steel & Aluminum Co (NYSE:RS) by 17,062 shares in the quarter, leaving it with 638,566 shares, and cut its stake in Zimmer Biomet Hldgs Inc (ZMH).

Among 20 analysts covering AmerisourceBergen (NYSE:ABC), 11 have Buy rating, 0 Sell and 9 Hold. Therefore 55% are positive. AmerisourceBergen had 69 analyst reports since July 27, 2015 according to SRatingsIntel. Zacks downgraded the shares of ABC in report on Thursday, August 27 to “Buy” rating. FBR Capital maintained the stock with “Mkt Perform” rating in Thursday, February 4 report. Bank of America downgraded AmerisourceBergen Corporation (NYSE:ABC) on Friday, June 30 to “Neutral” rating. On Tuesday, November 17 the stock rating was maintained by Credit Suisse with “Outperform”. As per Wednesday, January 6, the company rating was downgraded by Raymond James. The rating was downgraded by Mizuho to “Neutral” on Tuesday, January 3. The rating was maintained by Jefferies on Thursday, July 27 with “Hold”. The stock of AmerisourceBergen Corporation (NYSE:ABC) has “Buy” rating given on Friday, September 8 by Needham. Leerink Swann maintained the shares of ABC in report on Tuesday, January 2 with “Buy” rating. As per Wednesday, January 17, the company rating was maintained by Robert W. Baird.

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