Beutel Goodman & Co LTD Raised By $2.86 Million Its Lyondellbasell Indus (LYB) Stake; Genie Energy LTD. Class B Stock (GNE) Sellers Decreased By 0.99% Their Shorts

April 18, 2018 - By Marguerite Chambers

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Beutel Goodman & Co Ltd increased Lyondellbasell Indus (LYB) stake by 1.99% reported in 2017Q4 SEC filing. Beutel Goodman & Co Ltd acquired 32,449 shares as Lyondellbasell Indus (LYB)’s stock declined 5.31%. The Beutel Goodman & Co Ltd holds 1.66M shares with $146.22 million value, up from 1.63 million last quarter. Lyondellbasell Indus now has $41.75B valuation. The stock increased 1.43% or $1.5 during the last trading session, reaching $106.04. About 1.79M shares traded. LyondellBasell Industries N.V. (NYSE:LYB) has risen 17.51% since April 18, 2017 and is uptrending. It has outperformed by 5.96% the S&P500.

Genie Energy LTD. Class B Stock (NYSE:GNE) had a decrease of 0.99% in short interest. GNE’s SI was 710,700 shares in April as released by FINRA. Its down 0.99% from 717,800 shares previously. With 43,500 avg volume, 16 days are for Genie Energy LTD. Class B Stock (NYSE:GNE)’s short sellers to cover GNE’s short positions. The SI to Genie Energy LTD. Class B Stock’s float is 5.81%. The stock increased 4.08% or $0.16 during the last trading session, reaching $4.08. About 44,961 shares traded. Genie Energy Ltd. (NYSE:GNE) has declined 22.33% since April 18, 2017 and is downtrending. It has underperformed by 33.88% the S&P500.

Genie Energy Ltd., through its subsidiaries, operates as a retail energy provider; and an gas and oil exploration company. The company has market cap of $101.47 million. The firm operates through three divisions: Genie Retail Energy; Afek Oil and Gas, Ltd.; and Genie Oil and Gas. It currently has negative earnings. It resells electricity and natural gas to residential and small business clients primarily in the Eastern and Midwestern United States.

Investors sentiment increased to 1.73 in 2017 Q4. Its up 0.48, from 1.25 in 2017Q3. It improved, as 5 investors sold Genie Energy Ltd. shares while 10 reduced holdings. 6 funds opened positions while 20 raised stakes. 4.69 million shares or 3.64% more from 4.53 million shares in 2017Q3 were reported. Salzhauer Michael has 0.05% invested in Genie Energy Ltd. (NYSE:GNE) for 26,380 shares. Moreover, Bnp Paribas Arbitrage Sa has 0% invested in Genie Energy Ltd. (NYSE:GNE) for 3,516 shares. Barclays Plc holds 0% or 2,214 shares in its portfolio. Bancorporation Of Montreal Can invested in 0% or 394 shares. Group Inc One Trading Lp invested 0% in Genie Energy Ltd. (NYSE:GNE). 592,623 are held by Vanguard Grp. Parallax Volatility Advisers Lp accumulated 2,310 shares or 0% of the stock. Jpmorgan Chase Com invested in 188,220 shares or 0% of the stock. Prelude Cap Management Ltd Liability Corp accumulated 1,419 shares. Millennium Mngmt Ltd, New York-based fund reported 42,977 shares. Ohio-based Strs Ohio has invested 0% in Genie Energy Ltd. (NYSE:GNE). Massachusetts-based Geode Capital Management Limited has invested 0% in Genie Energy Ltd. (NYSE:GNE). Price T Rowe Md invested in 16,878 shares. Legal General Group Public Limited holds 0% or 2,430 shares in its portfolio. Financial Bank Of America De holds 0% of its portfolio in Genie Energy Ltd. (NYSE:GNE) for 7,314 shares.

Since October 30, 2017, it had 0 insider purchases, and 1 sale for $28,100 activity. 5,000 shares were sold by COURTER JAMES A, worth $28,100 on Monday, October 30.

Investors sentiment increased to 0.91 in Q4 2017. Its up 0.07, from 0.84 in 2017Q3. It increased, as 51 investors sold LYB shares while 271 reduced holdings. 88 funds opened positions while 206 raised stakes. 288.04 million shares or 0.22% more from 287.42 million shares in 2017Q3 were reported. Maryland-based Price T Rowe Md has invested 0.01% in LyondellBasell Industries N.V. (NYSE:LYB). 12,936 are owned by Liberty Mutual Grp Asset Management. Guardian Capital Advisors Lp has invested 0.43% of its portfolio in LyondellBasell Industries N.V. (NYSE:LYB). Adams Diversified Equity Fund accumulated 93,700 shares. Gotham Asset Management Limited Liability has 218,352 shares for 0.35% of their portfolio. Wealthcare Mgmt Ltd Liability holds 0% or 26 shares in its portfolio. Cincinnati Specialty Underwriters Insur, a Ohio-based fund reported 12,333 shares. Biltmore Wealth Mngmt Limited Liability stated it has 4,177 shares or 0.42% of all its holdings. Paloma Prtnrs Management invested in 0.08% or 53,976 shares. Macquarie Gp has 35,500 shares. 4,930 are owned by Moody Financial Bank Division. Highland Mgmt Ltd Liability Co reported 69,270 shares. Mackenzie Financial invested in 0.05% or 204,544 shares. Strs Ohio invested 0.08% in LyondellBasell Industries N.V. (NYSE:LYB). Zwj Inv Counsel holds 2.01% or 230,633 shares in its portfolio.

Beutel Goodman & Co Ltd decreased Cenovus Energy (NYSE:CVE) stake by 205,475 shares to 26.09M valued at $239.26M in 2017Q4. It also reduced Telus Corp (NYSE:TU) stake by 136,672 shares and now owns 11.33 million shares. Autozone Inc (NYSE:AZO) was reduced too.

Genie Energy Ltd. (NYSE:GNE) Institutional Positions Chart

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