Edge Wealth Management Lifted By $803,250 Its Magellan Midstream Partners (MMP) Position; Disciplined Growth Investors Has Trimmed Akamai Technologies Com (AKAM) Position By $783,456

January 18, 2018 - By Marguerite Chambers

Edge Wealth Management Llc increased Magellan Midstream Partners (MMP) stake by 75.49% reported in 2017Q3 SEC filing. Edge Wealth Management Llc acquired 11,475 shares as Magellan Midstream Partners (MMP)’s stock declined 7.68%. The Edge Wealth Management Llc holds 26,675 shares with $1.88M value, up from 15,200 last quarter. Magellan Midstream Partners now has $16.76 billion valuation. The stock decreased 1.12% or $0.83 during the last trading session, reaching $73.49. About 695,756 shares traded. Magellan Midstream Partners, L.P. (NYSE:MMP) has risen 3.55% since January 18, 2017 and is uptrending. It has underperformed by 13.15% the S&P500.

Disciplined Growth Investors Inc decreased Akamai Technologies Com (AKAM) stake by 0.99% reported in 2017Q3 SEC filing. Disciplined Growth Investors Inc sold 16,322 shares as Akamai Technologies Com (AKAM)’s stock declined 24.00%. The Disciplined Growth Investors Inc holds 1.63 million shares with $79.39 million value, down from 1.65 million last quarter. Akamai Technologies Com now has $11.06B valuation. The stock increased 1.40% or $0.9 during the last trading session, reaching $65.4. About 1.14 million shares traded. Akamai Technologies, Inc. (NASDAQ:AKAM) has declined 6.51% since January 18, 2017 and is downtrending. It has underperformed by 23.21% the S&P500.

Among 29 analysts covering Akamai Tech (NASDAQ:AKAM), 14 have Buy rating, 3 Sell and 12 Hold. Therefore 48% are positive. Akamai Tech had 80 analyst reports since July 29, 2015 according to SRatingsIntel. Credit Suisse maintained it with “Neutral” rating and $55 target in Wednesday, October 25 report. The firm has “Buy” rating by UBS given on Wednesday, January 6. The firm has “Hold” rating given on Sunday, September 3 by RBC Capital Markets. The stock of Akamai Technologies, Inc. (NASDAQ:AKAM) has “Buy” rating given on Wednesday, October 26 by Deutsche Bank. The stock of Akamai Technologies, Inc. (NASDAQ:AKAM) earned “Hold” rating by Robert W. Baird on Wednesday, January 3. Piper Jaffray maintained the stock with “Buy” rating in Wednesday, September 20 report. Robert W. Baird maintained the stock with “Hold” rating in Thursday, October 19 report. The stock has “Hold” rating by RBC Capital Markets on Sunday, October 8. FBR Capital maintained the stock with “Underperform” rating in Thursday, April 28 report. On Wednesday, September 13 the stock rating was maintained by Stifel Nicolaus with “Hold”.

Since October 2, 2017, it had 1 buying transaction, and 5 selling transactions for $3.86 million activity. 10,000 shares valued at $662,900 were sold by Wheaton William on Monday, December 18. 7,579 Akamai Technologies, Inc. (NASDAQ:AKAM) shares with value of $386,529 were sold by MCCONNELL RICK M. Another trade for 17,537 shares valued at $999,784 was made by LEIGHTON F THOMSON on Friday, December 15.

Investors sentiment increased to 0.99 in Q3 2017. Its up 0.24, from 0.75 in 2017Q2. It is positive, as 51 investors sold AKAM shares while 138 reduced holdings. 38 funds opened positions while 150 raised stakes. 138.17 million shares or 0.41% less from 138.74 million shares in 2017Q2 were reported. holds 0.01% or 64,064 shares in its portfolio. Perigon Wealth Mgmt Limited Liability Corp holds 5,005 shares or 0.08% of its portfolio. D E Shaw And Inc has 162,892 shares. Winslow Evans Crocker Incorporated has 2,800 shares. Jane Street Group Ltd Liability Co reported 37,906 shares. Motco holds 0% or 340 shares. Marco Invest Mgmt Ltd Liability Corp holds 0.1% or 12,900 shares. Evercore Wealth Management Lc holds 118 shares. Thrivent Fincl For Lutherans owns 1.96 million shares or 0.34% of their US portfolio. Virtus Inv Advisers invested in 0.02% or 3,301 shares. Sandhill Cap Ptnrs Ltd Liability owns 130,170 shares or 1.24% of their US portfolio. Gemmer Asset Limited Com has 0.01% invested in Akamai Technologies, Inc. (NASDAQ:AKAM). Raymond James Finance Svcs Advsr Incorporated has invested 0% in Akamai Technologies, Inc. (NASDAQ:AKAM). Retirement System Of Alabama holds 0.02% or 83,167 shares in its portfolio. 21,834 were reported by State Of Alaska Department Of Revenue.

Analysts await Akamai Technologies, Inc. (NASDAQ:AKAM) to report earnings on February, 6. They expect $0.45 EPS, down 18.18% or $0.10 from last year’s $0.55 per share. AKAM’s profit will be $76.12 million for 36.33 P/E if the $0.45 EPS becomes a reality. After $0.41 actual EPS reported by Akamai Technologies, Inc. for the previous quarter, Wall Street now forecasts 9.76% EPS growth.

Investors sentiment is 0.9 in Q3 2017. Its the same as in 2017Q2. It is flat, as 42 investors sold MMP shares while 161 reduced holdings. only 40 funds opened positions while 142 raised stakes. 134.51 million shares or 2.12% more from 131.72 million shares in 2017Q2 were reported. Raymond James Na has invested 0.07% in Magellan Midstream Partners, L.P. (NYSE:MMP). Karpas Strategies Ltd Llc holds 4.95% or 158,646 shares. Whitnell And reported 15,900 shares. Peak6 Invests Limited Partnership holds 0.01% or 26,397 shares in its portfolio. Northwestern Mutual Wealth reported 22,906 shares or 0.01% of all its holdings. Murphy Mgmt holds 0.47% or 45,876 shares in its portfolio. Pinnacle Ltd holds 18,100 shares or 0.02% of its portfolio. Weiss Multi invested 0.31% of its portfolio in Magellan Midstream Partners, L.P. (NYSE:MMP). Cohen Steers Inc reported 0% stake. Glenmede Trust Na has invested 0.03% in Magellan Midstream Partners, L.P. (NYSE:MMP). Rmsincerbeaux Lc, New York-based fund reported 37,692 shares. Pennsylvania Trust reported 34,173 shares. Winslow Evans & Crocker stated it has 24,122 shares. Brown Brothers Harriman And holds 0% of its portfolio in Magellan Midstream Partners, L.P. (NYSE:MMP) for 11,181 shares. Sunbelt Secs Inc has invested 0.62% in Magellan Midstream Partners, L.P. (NYSE:MMP).

Edge Wealth Management Llc decreased Qualcomm Inc (NASDAQ:QCOM) stake by 12,595 shares to 45,228 valued at $2.35M in 2017Q3. It also reduced Blackrock Corporate High Yie (HYT) stake by 36,069 shares and now owns 47,348 shares. Eaton Vance Ltd Duration Fnd (EVV) was reduced too.

Among 22 analysts covering Magellan Midstream Partners L.P. (NYSE:MMP), 11 have Buy rating, 3 Sell and 8 Hold. Therefore 50% are positive. Magellan Midstream Partners L.P. had 55 analyst reports since August 7, 2015 according to SRatingsIntel. As per Monday, November 16, the company rating was initiated by DA Davidson. The firm earned “Outperform” rating on Thursday, January 12 by Raymond James. The rating was upgraded by Goldman Sachs to “Buy” on Thursday, December 15. The stock of Magellan Midstream Partners, L.P. (NYSE:MMP) earned “Buy” rating by Ladenburg Thalmann on Monday, December 19. As per Thursday, September 7, the company rating was maintained by Stifel Nicolaus. Mizuho maintained the shares of MMP in report on Monday, February 6 with “Neutral” rating. The stock of Magellan Midstream Partners, L.P. (NYSE:MMP) has “Neutral” rating given on Friday, April 21 by Macquarie Research. Credit Suisse downgraded Magellan Midstream Partners, L.P. (NYSE:MMP) on Friday, February 5 to “Neutral” rating. On Wednesday, January 6 the stock rating was upgraded by UBS to “Buy”. The stock of Magellan Midstream Partners, L.P. (NYSE:MMP) earned “Hold” rating by Barclays Capital on Tuesday, July 18.

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