Enterprise Prods Partners L (EPD) Holder Salient Trust Company Lta Has Decreased Its Stake by $327,704; As Simon Ppty Group New (SPG) Stock Declined, Presima Increased Stake by $21.29 Million

February 19, 2018 - By Migdalia James

Presima Inc increased its stake in Simon Ppty Group Inc New (SPG) by 35.58% based on its latest 2017Q3 regulatory filing with the SEC. Presima Inc bought 132,215 shares as the company’s stock declined 12.82% while stock markets rallied. The institutional investor held 503,800 shares of the consumer services company at the end of 2017Q3, valued at $81.12 million, up from 371,585 at the end of the previous reported quarter. Presima Inc who had been investing in Simon Ppty Group Inc New for a number of months, seems to be bullish on the $55.89B market cap company. The stock decreased 0.04% or $0.06 during the last trading session, reaching $156.09. About 1.91M shares traded. Simon Property Group, Inc. (NYSE:SPG) has declined 18.56% since February 19, 2017 and is downtrending. It has underperformed by 35.26% the S&P500.

Salient Trust Company Lta decreased its stake in Enterprise Prods Partners L (EPD) by 1.49% based on its latest 2017Q3 regulatory filing with the SEC. Salient Trust Company Lta sold 12,604 shares as the company’s stock declined 6.06% while stock markets rallied. The institutional investor held 831,721 shares of the natural gas distribution company at the end of 2017Q3, valued at $21.68 million, down from 844,325 at the end of the previous reported quarter. Salient Trust Company Lta who had been investing in Enterprise Prods Partners L for a number of months, seems to be less bullish one the $57.07B market cap company. The stock decreased 1.42% or $0.38 during the last trading session, reaching $26.41. About 4.82 million shares traded. Enterprise Products Partners L.P. (NYSE:EPD) has declined 0.18% since February 19, 2017 and is downtrending. It has underperformed by 16.88% the S&P500.

Investors sentiment increased to 0.98 in Q3 2017. Its up 0.22, from 0.76 in 2017Q2. It is positive, as 57 investors sold SPG shares while 202 reduced holdings. 61 funds opened positions while 194 raised stakes. 297.03 million shares or 0.55% less from 298.66 million shares in 2017Q2 were reported. Ingalls And Snyder Ltd Limited Liability Company accumulated 15,606 shares. Raymond James Na has 0.07% invested in Simon Property Group, Inc. (NYSE:SPG) for 6,299 shares. Boston Common Asset stated it has 21,116 shares or 0.42% of all its holdings. Alps Advsrs invested in 0.02% or 16,245 shares. Nuveen Asset Limited Liability Com owns 1.82M shares. 2,796 are owned by Capital One Natl Association. First Commercial Bank Of Omaha invested in 0.04% or 4,185 shares. Advsrs Asset Mngmt Incorporated stated it has 13,451 shares. Timber Hill Ltd Co holds 0.1% of its portfolio in Simon Property Group, Inc. (NYSE:SPG) for 6,634 shares. Orinda Asset Mgmt Limited Liability Com holds 3.69% or 25,000 shares in its portfolio. Stephens Ar, Arkansas-based fund reported 39,126 shares. Brown Advisory has 5,852 shares for 0% of their portfolio. Moreover, Citadel Advsrs Ltd Liability Company has 0.01% invested in Simon Property Group, Inc. (NYSE:SPG). 202 are held by Old Second Comml Bank Of Aurora. 3,698 are held by Orrstown Fincl Inc.

Presima Inc, which manages about $1.11B and $754.13M US Long portfolio, decreased its stake in Ggp Inc by 1.01M shares to 244,100 shares, valued at $5.07 million in 2017Q3, according to the filing. It also reduced its holding in Apartment Invt & Mgmt Co (NYSE:AIV) by 144,200 shares in the quarter, leaving it with 1.24 million shares, and cut its stake in Prologis Inc (NYSE:PLD).

Among 19 analysts covering Simon Property Group (NYSE:SPG), 14 have Buy rating, 0 Sell and 5 Hold. Therefore 74% are positive. Simon Property Group had 65 analyst reports since July 21, 2015 according to SRatingsIntel. As per Tuesday, July 19, the company rating was maintained by Barclays Capital. Argus Research maintained Simon Property Group, Inc. (NYSE:SPG) rating on Friday, November 13. Argus Research has “Buy” rating and $227 target. Argus Research maintained it with “Buy” rating and $200 target in Tuesday, August 22 report. Evercore downgraded the shares of SPG in report on Monday, November 16 to “Hold” rating. The firm has “Buy” rating by CFRA given on Thursday, October 12. The firm earned “Outperform” rating on Tuesday, July 28 by RBC Capital Markets. The firm has “Hold” rating given on Wednesday, November 1 by RBC Capital Markets. The firm has “Buy” rating given on Sunday, October 29 by Mizuho. The stock has “Buy” rating by Zacks on Monday, August 17. The firm has “Overweight” rating given on Tuesday, July 18 by Barclays Capital.

Investors sentiment increased to 1 in Q3 2017. Its up 0.01, from 0.99 in 2017Q2. It improved, as 54 investors sold EPD shares while 262 reduced holdings. 73 funds opened positions while 242 raised stakes. 783.53 million shares or 0.44% more from 780.09 million shares in 2017Q2 were reported. Buckingham Asset Ltd Liability Company reported 20,776 shares or 0.13% of all its holdings. Ifc Holdg Inc Fl has invested 0.03% in Enterprise Products Partners L.P. (NYSE:EPD). Parametric Assoc Limited Liability owns 1.34 million shares. Commonwealth Fincl Bank Of Aus stated it has 8.72M shares or 2.2% of all its holdings. The Washington-based Evergreen Cap Mgmt Lc has invested 3.24% in Enterprise Products Partners L.P. (NYSE:EPD). Moreover, Private Advisor Grp Limited Liability has 0.13% invested in Enterprise Products Partners L.P. (NYSE:EPD). Palladium Partners Limited Liability Corp, a Virginia-based fund reported 8,856 shares. First Republic Invest accumulated 0.02% or 82,709 shares. 13,459 were accumulated by Sequent Asset Limited Liability Corporation. Perigon Wealth Llc invested in 8,770 shares or 0.07% of the stock. The New York-based Private Advisors Incorporated has invested 2.43% in Enterprise Products Partners L.P. (NYSE:EPD). Arete Wealth Advisors Ltd Company has 0.3% invested in Enterprise Products Partners L.P. (NYSE:EPD) for 28,475 shares. New York-based Cohen Steers has invested 0.15% in Enterprise Products Partners L.P. (NYSE:EPD). United Asset Strategies holds 0.27% or 18,118 shares. Starr Int Communication Inc reported 310,000 shares stake.

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