Pioneer Investment Management Position in Tri Resources (TRGP) Boosted by $1.23 Million; Arrow Electronics (ARW) Shareholder New Amsterdam Partners Upped Its Stake by $1.45 Million

February 19, 2018 - By Ellis Scott

Pioneer Investment Management Inc increased its stake in Tri Resources Inc (TRGP) by 34.32% based on its latest 2017Q3 regulatory filing with the SEC. Pioneer Investment Management Inc bought 26,098 shares as the company’s stock declined 13.24% while stock markets rallied. The institutional investor held 102,135 shares of the public utilities company at the end of 2017Q3, valued at $4.83 million, up from 76,037 at the end of the previous reported quarter. Pioneer Investment Management Inc who had been investing in Tri Resources Inc for a number of months, seems to be bullish on the $10.33 billion market cap company. The stock decreased 3.89% or $1.94 during the last trading session, reaching $47.91. About 3.59M shares traded or 80.77% up from the average. Targa Resources Corp. (NYSE:TRGP) has risen 18.42% since February 19, 2017 and is uptrending. It has outperformed by 1.72% the S&P500.

New Amsterdam Partners Llc increased its stake in Arrow Electronics Inc (ARW) by 43.01% based on its latest 2017Q3 regulatory filing with the SEC. New Amsterdam Partners Llc bought 18,123 shares as the company’s stock rose 0.57% with the market. The institutional investor held 60,255 shares of the consumer non-durables company at the end of 2017Q3, valued at $4.85M, up from 42,132 at the end of the previous reported quarter. New Amsterdam Partners Llc who had been investing in Arrow Electronics Inc for a number of months, seems to be bullish on the $7.18 billion market cap company. The stock increased 0.42% or $0.34 during the last trading session, reaching $81.81. About 554,080 shares traded or 14.14% up from the average. Arrow Electronics, Inc. (NYSE:ARW) has risen 21.10% since February 19, 2017 and is uptrending. It has outperformed by 4.40% the S&P500.

Pioneer Investment Management Inc, which manages about $65.36B and $31.40B US Long portfolio, decreased its stake in Las Vegas Sands Corp (NYSE:LVS) by 28,672 shares to 102,491 shares, valued at $6.58M in 2017Q3, according to the filing. It also reduced its holding in Eli Lilly And Company (NYSE:LLY) by 68,800 shares in the quarter, leaving it with 868,850 shares, and cut its stake in Cf Industries Holdings Inc (NYSE:CF).

Investors sentiment decreased to 1.24 in 2017 Q3. Its down 0.32, from 1.56 in 2017Q2. It worsened, as 33 investors sold TRGP shares while 103 reduced holdings. 39 funds opened positions while 130 raised stakes. 182.82 million shares or 0.10% more from 182.63 million shares in 2017Q2 were reported. Key Grp (Cayman) Ltd invested 0.12% of its portfolio in Targa Resources Corp. (NYSE:TRGP). First Advisors Ltd Partnership owns 34,440 shares. Arosa Cap Management Limited Partnership holds 2.76% of its portfolio in Targa Resources Corp. (NYSE:TRGP) for 413,211 shares. Pinebridge Invests LP owns 1,710 shares. Metropolitan Life Ins New York invested in 248,433 shares or 0.07% of the stock. Pointstate Cap Lp has 807,800 shares for 0.32% of their portfolio. Stifel Fincl holds 88,810 shares or 0.01% of its portfolio. Suntrust Banks Inc reported 50,435 shares stake. Legal And General Gru Public Limited has invested 0.03% in Targa Resources Corp. (NYSE:TRGP). Kayne Anderson Advisors Limited Partnership has 6.45M shares. Guyasuta Invest Advsrs Inc invested in 0.02% or 4,360 shares. Eqis Capital Incorporated has 6,202 shares for 0.02% of their portfolio. Principal Finance Gru reported 1.54 million shares or 0.07% of all its holdings. Parallax Volatility Advisers LP owns 0% invested in Targa Resources Corp. (NYSE:TRGP) for 56 shares. Novare Capital Management Limited Liability Com stated it has 0.48% in Targa Resources Corp. (NYSE:TRGP).

Among 19 analysts covering Targa Resources (NYSE:TRGP), 13 have Buy rating, 0 Sell and 6 Hold. Therefore 68% are positive. Targa Resources had 83 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Targa Resources Corp. (NYSE:TRGP) has “Buy” rating given on Thursday, March 30 by Deutsche Bank. As per Monday, November 20, the company rating was maintained by Stifel Nicolaus. The firm has “Hold” rating given on Friday, February 26 by Wunderlich. The firm has “Buy” rating by Robert W. Baird given on Tuesday, June 13. Barclays Capital upgraded the shares of TRGP in report on Tuesday, September 27 to “Overweight” rating. Jefferies downgraded the shares of TRGP in report on Monday, October 16 to “Hold” rating. Stifel Nicolaus upgraded the stock to “Buy” rating in Monday, March 13 report. The firm earned “Hold” rating on Tuesday, May 31 by Stifel Nicolaus. The firm has “Hold” rating given on Thursday, June 22 by Jefferies. The rating was upgraded by Barclays Capital to “Overweight” on Wednesday, January 17.

New Amsterdam Partners Llc, which manages about $478.64M US Long portfolio, decreased its stake in Ipg Photonics Corp (NASDAQ:IPGP) by 2,706 shares to 35,556 shares, valued at $6.58M in 2017Q3, according to the filing. It also reduced its holding in Big Lots Inc (NYSE:BIG) by 17,426 shares in the quarter, leaving it with 190,187 shares, and cut its stake in Ubiquiti Networks Inc (NASDAQ:UBNT).

Among 12 analysts covering Arrow Electronics Inc. (NYSE:ARW), 8 have Buy rating, 1 Sell and 3 Hold. Therefore 67% are positive. Arrow Electronics Inc. had 20 analyst reports since July 29, 2015 according to SRatingsIntel. Zacks upgraded the shares of ARW in report on Monday, August 31 to “Hold” rating. As per Wednesday, October 4, the company rating was maintained by Stifel Nicolaus. The stock has “Hold” rating by SunTrust on Tuesday, January 3. The stock of Arrow Electronics, Inc. (NYSE:ARW) has “Buy” rating given on Wednesday, July 29 by Credit Agricole. The stock of Arrow Electronics, Inc. (NYSE:ARW) has “Neutral” rating given on Tuesday, September 20 by Goldman Sachs. The rating was upgraded by CLSA to “Buy” on Wednesday, July 29. The stock has “Sell” rating by Citigroup on Monday, May 2. The stock has “Buy” rating by Stifel Nicolaus on Thursday, January 18. The stock of Arrow Electronics, Inc. (NYSE:ARW) earned “Buy” rating by Raymond James on Monday, February 12. The stock of Arrow Electronics, Inc. (NYSE:ARW) earned “Hold” rating by Suntrust Robinson on Tuesday, January 3.

Investors sentiment increased to 1.15 in 2017 Q3. Its up 0.23, from 0.92 in 2017Q2. It is positive, as 23 investors sold ARW shares while 110 reduced holdings. 49 funds opened positions while 104 raised stakes. 80.16 million shares or 1.84% less from 81.66 million shares in 2017Q2 were reported. First Quadrant Limited Partnership Ca stated it has 40,900 shares or 0.06% of all its holdings. Psagot Invest House reported 34,050 shares or 0.12% of all its holdings. The New York-based Howe & Rusling Incorporated has invested 0% in Arrow Electronics, Inc. (NYSE:ARW). Natixis Asset holds 0.04% or 5,428 shares in its portfolio. Ameritas Investment Partners holds 0.16% or 41,786 shares. Commonwealth Comml Bank Of Australia has 0.02% invested in Arrow Electronics, Inc. (NYSE:ARW). Price T Rowe Associate Incorporated Md stated it has 29,486 shares or 0% of all its holdings. Sterling Management Limited Co reported 0.01% of its portfolio in Arrow Electronics, Inc. (NYSE:ARW). Moreover, Whittier Tru has 0.01% invested in Arrow Electronics, Inc. (NYSE:ARW) for 1,790 shares. Dimensional Fund Advisors LP invested in 0.12% or 3.42M shares. Citadel Limited Liability Company has invested 0.01% in Arrow Electronics, Inc. (NYSE:ARW). Caprock Grp Inc holds 4,823 shares or 0.08% of its portfolio. Mutual Of America Management Limited Liability Corp holds 0.1% or 72,256 shares in its portfolio. Invesco Ltd invested in 0% or 82,619 shares. Cibc World Mkts reported 5,826 shares.

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