Avalonbay Communities (AVB) Holding Has Raised by South State Corp; Calumet Specialty Prod (CLMT) Position Has Raised by Adams Asset Advisors Llc

February 16, 2018 - By Peter Erickson

Adams Asset Advisors Llc increased its stake in Calumet Specialty Prod (CLMT) by 15.97% based on its latest 2017Q3 regulatory filing with the SEC. Adams Asset Advisors Llc bought 112,648 shares as the company’s stock rose 12.82% with the market. The institutional investor held 817,980 shares of the energy company at the end of 2017Q3, valued at $6.83 million, up from 705,332 at the end of the previous reported quarter. Adams Asset Advisors Llc who had been investing in Calumet Specialty Prod for a number of months, seems to be bullish on the $583.74M market cap company. The stock decreased 0.67% or $0.05 during the last trading session, reaching $7.45. About 37,210 shares traded. Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) has risen 20.88% since February 16, 2017 and is uptrending. It has outperformed by 4.18% the S&P500.

South State Corp increased its stake in Avalonbay Communities Inc (AVB) by 145.97% based on its latest 2017Q3 regulatory filing with the SEC. South State Corp bought 5,255 shares as the company’s stock rose 7.12% with the market. The institutional investor held 8,855 shares of the consumer services company at the end of 2017Q3, valued at $1.58M, up from 3,600 at the end of the previous reported quarter. South State Corp who had been investing in Avalonbay Communities Inc for a number of months, seems to be bullish on the $22.32B market cap company. The stock increased 0.33% or $0.53 during the last trading session, reaching $161.63. About 192,617 shares traded. AvalonBay Communities, Inc. (NYSE:AVB) has risen 6.66% since February 16, 2017 and is uptrending. It has underperformed by 10.04% the S&P500.

Among 26 analysts covering Avalonbay Communities Inc. (NYSE:AVB), 11 have Buy rating, 1 Sell and 14 Hold. Therefore 42% are positive. Avalonbay Communities Inc. had 81 analyst reports since July 21, 2015 according to SRatingsIntel. BMO Capital Markets downgraded AvalonBay Communities, Inc. (NYSE:AVB) on Monday, March 7 to “Market Perform” rating. On Friday, December 15 the stock rating was downgraded by J.P. Morgan to “Hold”. The rating was maintained by Robert W. Baird on Friday, November 10 with “Buy”. BMO Capital Markets maintained the stock with “Hold” rating in Wednesday, August 2 report. The rating was maintained by Robert W. Baird on Thursday, August 31 with “Buy”. BMO Capital Markets maintained the stock with “Hold” rating in Monday, July 3 report. The company was maintained on Thursday, April 14 by Barclays Capital. As per Monday, September 25, the company rating was upgraded by Evercore. The company was downgraded on Wednesday, June 8 by Jefferies. The stock has “Buy” rating by RBC Capital Markets on Friday, July 14.

Investors sentiment increased to 1.27 in 2017 Q3. Its up 0.41, from 0.86 in 2017Q2. It increased, as 27 investors sold AVB shares while 128 reduced holdings. 58 funds opened positions while 139 raised stakes. 128.20 million shares or 3.63% less from 133.03 million shares in 2017Q2 were reported. Chicago Equity Prtn Limited reported 18,860 shares. Veritable LP holds 10,002 shares or 0.04% of its portfolio. Acadian Asset Management Limited Liability Company holds 0% or 311 shares in its portfolio. Andra Ap has 0.41% invested in AvalonBay Communities, Inc. (NYSE:AVB). Morgan Stanley has 1.64M shares for 0.09% of their portfolio. Ny State Teachers Retirement System reported 0.1% stake. Sumitomo Life Insur owns 9,018 shares. 29,743 were reported by Hartford Com. Cibc Asset Mgmt has invested 0.02% in AvalonBay Communities, Inc. (NYSE:AVB). Pennsylvania-based Stevens Ltd Partnership has invested 0.48% in AvalonBay Communities, Inc. (NYSE:AVB). First Manhattan reported 1,031 shares or 0% of all its holdings. Ar Asset Mngmt reported 5,000 shares stake. Paradigm Asset Company Lc holds 0.1% in AvalonBay Communities, Inc. (NYSE:AVB) or 2,200 shares. California-based San Francisco Sentry Inv Group Inc (Ca) has invested 0.28% in AvalonBay Communities, Inc. (NYSE:AVB). Commonwealth Equity Services accumulated 3,373 shares or 0% of the stock.

South State Corp, which manages about $892.42 million US Long portfolio, decreased its stake in Exxon Mobil Corp (NYSE:XOM) by 7,922 shares to 132,040 shares, valued at $10.83M in 2017Q3, according to the filing. It also reduced its holding in Home Depot Inc (NYSE:HD) by 4,006 shares in the quarter, leaving it with 89,728 shares, and cut its stake in Mastercard Inc (NYSE:MA).

Since December 11, 2017, it had 0 insider buys, and 3 selling transactions for $5.26 million activity. NAUGHTON TIMOTHY J sold $4.63M worth of AvalonBay Communities, Inc. (NYSE:AVB) on Tuesday, December 12. The insider HOREY LEO S III sold $365,500.

Among 10 analysts covering Calumet Specialty Products Partners LP (NASDAQ:CLMT), 2 have Buy rating, 3 Sell and 5 Hold. Therefore 20% are positive. Calumet Specialty Products Partners LP had 31 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) earned “Buy” rating by Cowen & Co on Thursday, February 18. Credit Suisse upgraded the shares of CLMT in report on Friday, November 4 to “Neutral” rating. The firm has “Sector Perform” rating given on Monday, April 18 by RBC Capital Markets. RBC Capital Markets reinitiated the stock with “Outperform” rating in Monday, November 16 report. The rating was upgraded by Janney Capital to “Buy” on Monday, August 14. The stock has “Hold” rating by Cowen & Co on Tuesday, October 17. The stock of Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) has “Hold” rating given on Tuesday, September 5 by Wells Fargo. The stock of Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT) earned “Sector Perform” rating by RBC Capital Markets on Friday, May 6. The firm has “Underperform” rating by Credit Suisse given on Friday, March 24. The firm has “Neutral” rating by Janney Capital given on Tuesday, September 5.

Adams Asset Advisors Llc, which manages about $828.72 million and $733.52M US Long portfolio, decreased its stake in Sunoco Lp (NYSE:SUN) by 57,486 shares to 229,217 shares, valued at $7.13M in 2017Q3, according to the filing. It also reduced its holding in Myriad Genetics Inc (NASDAQ:MYGN) by 48,906 shares in the quarter, leaving it with 39,301 shares, and cut its stake in Wells Fargo (NYSE:WFC).

Investors sentiment decreased to 1.22 in 2017 Q3. Its down 0.33, from 1.55 in 2017Q2. It fall, as 9 investors sold CLMT shares while 14 reduced holdings. 8 funds opened positions while 20 raised stakes. 8.67 million shares or 37.27% more from 6.32 million shares in 2017Q2 were reported. 27,212 were accumulated by Jefferies Group Lc. Centers Of America Inc reported 0.01% stake. Bessemer Group Incorporated Inc invested in 0% or 4,500 shares. Jpmorgan Chase And, New York-based fund reported 8,838 shares. Commonwealth Equity invested 0% in Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT). Two Sigma Secs Ltd Limited Liability Company reported 0.01% stake. Linscomb And Williams stated it has 0.11% of its portfolio in Calumet Specialty Products Partners, L.P. (NASDAQ:CLMT). Geode Capital Mgmt Ltd Liability Co has 65,032 shares. Pnc Fincl Svcs invested in 19,000 shares. Susquehanna Int Group Inc Llp holds 153,570 shares. 123,811 were accumulated by Barclays Public Ltd Com. Lincoln holds 0% or 13,684 shares in its portfolio. San Francisco Sentry Investment Gp (Ca) reported 100 shares or 0% of all its holdings. Barnett And owns 103,900 shares. Janney Montgomery Scott Limited Co invested in 10,820 shares or 0% of the stock.

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