As Applied Matls Com (AMAT) Valuation Rose, Holder Baker Avenue Asset Management LP Decreased Its Holding; Mplx LP (MPLX) Stake Maintained by Yost Capital Management Llc

February 23, 2018 - By reb123z

Yost Capital Management Llc increased its stake in Mplx Lp (MPLX) by 12.04% based on its latest 2017Q3 regulatory filing with the SEC. Yost Capital Management Llc bought 12,982 shares as the company’s stock declined 7.56% while stock markets rallied. The institutional investor held 120,780 shares of the natural gas distribution company at the end of 2017Q3, valued at $4.23M, up from 107,798 at the end of the previous reported quarter. Yost Capital Management Llc who had been investing in Mplx Lp for a number of months, seems to be bullish on the $28.33 billion market cap company. The stock increased 1.41% or $0.49 during the last trading session, reaching $35.22. About 254,931 shares traded. MPLX LP (NYSE:MPLX) has risen 11.48% since February 23, 2017 and is uptrending. It has underperformed by 5.22% the S&P500.

Baker Avenue Asset Management Lp decreased its stake in Applied Matls Inc Com (AMAT) by 10.99% based on its latest 2017Q3 regulatory filing with the SEC. Baker Avenue Asset Management Lp sold 36,087 shares as the company’s stock rose 23.58% with the market. The institutional investor held 292,176 shares of the technology company at the end of 2017Q3, valued at $15.22M, down from 328,263 at the end of the previous reported quarter. Baker Avenue Asset Management Lp who had been investing in Applied Matls Inc Com for a number of months, seems to be less bullish one the $59.63B market cap company. The stock increased 1.11% or $0.62 during the last trading session, reaching $56.69. About 6.25 million shares traded. Applied Materials, Inc. (NASDAQ:AMAT) has risen 121.40% since February 23, 2017 and is uptrending. It has outperformed by 104.70% the S&P500.

Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.22, from 1.26 in 2017Q2. It dived, as 26 investors sold MPLX shares while 79 reduced holdings. 15 funds opened positions while 94 raised stakes. 258.81 million shares or 4.21% more from 248.36 million shares in 2017Q2 were reported. Stockbridge Prtn Ltd Limited Liability Company has 5.50 million shares for 9.69% of their portfolio. Blair William Co Il invested in 61,245 shares. Clearbridge Invests Llc invested 0.11% of its portfolio in MPLX LP (NYSE:MPLX). Hap Trading Ltd stated it has 0.19% in MPLX LP (NYSE:MPLX). Veritable Lp has invested 0.01% in MPLX LP (NYSE:MPLX). Invesco invested in 0% or 221,010 shares. Advsrs Asset Management reported 0.03% of its portfolio in MPLX LP (NYSE:MPLX). 262,837 are held by Heronetta Mgmt L P. Lpl Financial Lc holds 0% in MPLX LP (NYSE:MPLX) or 19,696 shares. Evergreen Cap Mngmt Lc reported 168,720 shares or 0.69% of all its holdings. Hightower Advsrs Ltd has invested 0.05% in MPLX LP (NYSE:MPLX). Alexandria Capital Ltd Co stated it has 289 shares. The Wisconsin-based Northwestern Mutual Wealth Mngmt has invested 0% in MPLX LP (NYSE:MPLX). Brown Advisory has invested 0% in MPLX LP (NYSE:MPLX). Virtu Limited reported 59,305 shares.

Among 20 analysts covering MPLX LP (NYSE:MPLX), 15 have Buy rating, 0 Sell and 5 Hold. Therefore 75% are positive. MPLX LP had 59 analyst reports since October 20, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, October 26. As per Friday, April 8, the company rating was downgraded by Evercore. The firm has “Buy” rating given on Thursday, July 6 by Stifel Nicolaus. The stock of MPLX LP (NYSE:MPLX) has “Buy” rating given on Friday, December 1 by Raymond James. The stock of MPLX LP (NYSE:MPLX) earned “Buy” rating by Jefferies on Monday, October 31. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, February 1 report. The rating was maintained by Deutsche Bank on Tuesday, March 15 with “Buy”. Jefferies maintained the stock with “Buy” rating in Monday, August 14 report. The stock of MPLX LP (NYSE:MPLX) has “Mkt Perform” rating given on Friday, September 9 by FBR Capital. The firm has “Buy” rating by Mizuho given on Friday, February 2.

Since September 13, 2017, it had 0 buys, and 2 insider sales for $247,258 activity. Bromley C Corwin had sold 5,000 shares worth $173,258 on Wednesday, September 13.

Investors sentiment increased to 1.06 in Q3 2017. Its up 0.24, from 0.82 in 2017Q2. It increased, as 40 investors sold AMAT shares while 325 reduced holdings. 123 funds opened positions while 263 raised stakes. 811.15 million shares or 1.86% less from 826.54 million shares in 2017Q2 were reported. Ardsley Advisory Prns reported 0.1% stake. Riverpoint Cap Mgmt Limited Liability Com reported 0.01% in Applied Materials, Inc. (NASDAQ:AMAT). Cheviot Value Mgmt Lc accumulated 7,000 shares. Wetherby Asset Mngmt Inc stated it has 0.14% in Applied Materials, Inc. (NASDAQ:AMAT). Hm Payson holds 0.29% or 131,334 shares. Lazard Asset Management Limited Co holds 0.62% or 6.02 million shares. First Midwest Fincl Bank Trust Division stated it has 80,510 shares or 0.51% of all its holdings. Meristem Llp has 6,428 shares. Peapack Gladstone Fincl owns 9,537 shares or 0.03% of their US portfolio. Rnc Cap Ltd holds 0.13% or 34,325 shares. Nicholas Inv Prtnrs Ltd Partnership invested 0.47% in Applied Materials, Inc. (NASDAQ:AMAT). The California-based First Quadrant Lp Ca has invested 0.79% in Applied Materials, Inc. (NASDAQ:AMAT). Williams Jones & Lc has invested 0.01% in Applied Materials, Inc. (NASDAQ:AMAT). Canada Pension Plan Invest Board reported 2.23M shares stake. Kempner Mngmt accumulated 5.64% or 164,613 shares.

Analysts await Applied Materials, Inc. (NASDAQ:AMAT) to report earnings on May, 17. They expect $1.13 EPS, up 43.04% or $0.34 from last year’s $0.79 per share. AMAT’s profit will be $1.19B for 12.54 P/E if the $1.13 EPS becomes a reality. After $1.06 actual EPS reported by Applied Materials, Inc. for the previous quarter, Wall Street now forecasts 6.60% EPS growth.

Baker Avenue Asset Management Lp, which manages about $1.13 billion and $888.02 million US Long portfolio, upped its stake in Powershares Financial Preferred Portfolio (PGF) by 29,521 shares to 343,729 shares, valued at $6.52M in 2017Q3, according to the filing. It also increased its holding in Microsoft Corp Com (NASDAQ:MSFT) by 8,061 shares in the quarter, for a total of 199,307 shares, and has risen its stake in Ishares Edge Msci Usa Quality Factor Etf (QUAL).

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