Citadel Advisors Has Raised Holding in Buckeye Partners LP (Put) (BPL) as Market Value Declined; Douglas Dynamics (PLOW) Holder Gilman Hill Asset Management Has Decreased Stake

February 15, 2018 - By Richard Conner

Gilman Hill Asset Management Llc decreased its stake in Douglas Dynamics Inc (PLOW) by 5.54% based on its latest 2017Q3 regulatory filing with the SEC. Gilman Hill Asset Management Llc sold 9,688 shares as the company’s stock declined 13.35% while stock markets rallied. The institutional investor held 165,268 shares of the capital goods company at the end of 2017Q3, valued at $6.51 million, down from 174,956 at the end of the previous reported quarter. Gilman Hill Asset Management Llc who had been investing in Douglas Dynamics Inc for a number of months, seems to be less bullish one the $853.94M market cap company. The stock increased 0.53% or $0.2 during the last trading session, reaching $37.8. About 21,043 shares traded. Douglas Dynamics, Inc. (NYSE:PLOW) has risen 44.70% since February 15, 2017 and is uptrending. It has outperformed by 28.00% the S&P500.

Ken Griffin increased its stake in Buckeye Partners LP (Put) (BPL) by 236.99% based on its latest 2017Q3 regulatory filing with the SEC. Citadel Advisors Llc bought 17,300 shares as the company’s stock declined 5.01% while stock markets rallied. The hedge fund run by Ken Griffin held 24,600 shares of the natural gas distribution company at the end of 2017Q3, valued at $1.40M, up from 7,300 at the end of the previous reported quarter. Citadel Advisors Llc who had been investing in Buckeye Partners LP (Put) for a number of months, seems to be bullish on the $7.45 billion market cap company. The stock increased 0.02% or $0.01 during the last trading session, reaching $50.8. About 251,474 shares traded. Buckeye Partners, L.P. (NYSE:BPL) has declined 5.99% since February 15, 2017 and is downtrending. It has underperformed by 22.69% the S&P500.

Citadel Advisors Llc, which manages about $130.27B US Long portfolio, decreased its stake in Cornerstone Ondemand Inc (Put) (NASDAQ:CSOD) by 10,400 shares to 12,200 shares, valued at $495,000 in 2017Q3, according to the filing. It also reduced its holding in Franco Nevada Corp (NYSE:FNV) by 44,118 shares in the quarter, leaving it with 3,582 shares, and cut its stake in Kosmos Energy Ltd (Call) (NYSE:KOS).

Investors sentiment increased to 1 in Q3 2017. Its up 0.03, from 0.97 in 2017Q2. It is positive, as 39 investors sold BPL shares while 93 reduced holdings. 29 funds opened positions while 103 raised stakes. 96.89 million shares or 5.45% more from 91.89 million shares in 2017Q2 were reported. Cohen And Steers Inc reported 260,092 shares. Bank Of Montreal Can invested in 1.72M shares. Van Cleef Asset Managementinc accumulated 0.06% or 3,700 shares. Private Tru Na has invested 0.04% of its portfolio in Buckeye Partners, L.P. (NYSE:BPL). Lucas Cap, New Jersey-based fund reported 4,303 shares. Wells Fargo And Mn invested in 258,669 shares or 0% of the stock. Cohen Cap Mgmt invested 1.43% of its portfolio in Buckeye Partners, L.P. (NYSE:BPL). 9,422 are held by Fdx Advsr. Whittier Trust stated it has 1,000 shares or 0% of all its holdings. Plante Moran Finance Advsrs Limited Com has invested 0.03% in Buckeye Partners, L.P. (NYSE:BPL). Usca Ria Limited Liability Corporation reported 5,355 shares. 300 were reported by Delta Asset Mngmt Ltd Liability Tn. Stephens Ar reported 0.01% of its portfolio in Buckeye Partners, L.P. (NYSE:BPL). Moreover, Sfe Investment Counsel has 0.22% invested in Buckeye Partners, L.P. (NYSE:BPL). 20,778 were reported by Avalon Advsrs Limited Liability Company.

Among 16 analysts covering Buckeye Partners (NYSE:BPL), 6 have Buy rating, 1 Sell and 9 Hold. Therefore 38% are positive. Buckeye Partners had 49 analyst reports since August 4, 2015 according to SRatingsIntel. On Thursday, August 25 the stock rating was initiated by Goldman Sachs with “Neutral”. The rating was maintained by Mizuho with “Hold” on Sunday, November 5. The company was maintained on Tuesday, March 15 by JP Morgan. Mizuho maintained Buckeye Partners, L.P. (NYSE:BPL) rating on Friday, February 9. Mizuho has “Hold” rating and $55.0 target. Morgan Stanley initiated the stock with “Overweight” rating in Thursday, February 25 report. The firm has “Equal Weight” rating given on Tuesday, January 17 by Barclays Capital. DA Davidson upgraded Buckeye Partners, L.P. (NYSE:BPL) on Monday, December 14 to “Buy” rating. Goldman Sachs downgraded Buckeye Partners, L.P. (NYSE:BPL) on Thursday, December 15 to “Neutral” rating. Barclays Capital maintained Buckeye Partners, L.P. (NYSE:BPL) rating on Monday, February 12. Barclays Capital has “Equal-Weight” rating and $55 target. The company was maintained on Monday, November 6 by Stifel Nicolaus.

Analysts await Douglas Dynamics, Inc. (NYSE:PLOW) to report earnings on March, 5. They expect $0.50 earnings per share, up 13.64% or $0.06 from last year’s $0.44 per share. PLOW’s profit will be $11.30 million for 18.90 P/E if the $0.50 EPS becomes a reality. After $0.40 actual earnings per share reported by Douglas Dynamics, Inc. for the previous quarter, Wall Street now forecasts 25.00% EPS growth.

Among 3 analysts covering Douglas Dynamics (NYSE:PLOW), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Douglas Dynamics had 7 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Wednesday, July 6 by Seaport Global. Seaport Global maintained Douglas Dynamics, Inc. (NYSE:PLOW) on Tuesday, January 16 with “Hold” rating. Seaport Global upgraded the shares of PLOW in report on Tuesday, May 24 to “Buy” rating. The stock of Douglas Dynamics, Inc. (NYSE:PLOW) has “Buy” rating given on Monday, February 27 by Sidoti. Oppenheimer maintained the stock with “Market Perform” rating in Tuesday, August 4 report. Seaport Global initiated Douglas Dynamics, Inc. (NYSE:PLOW) on Wednesday, April 20 with “Neutral” rating.

Since August 30, 2017, it had 0 insider purchases, and 4 insider sales for $4.11 million activity. Janik James L sold $700,540 worth of Douglas Dynamics, Inc. (NYSE:PLOW) on Wednesday, August 30.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: