As Moelis & Co (MC) Share Price Rose, Navellier & Associates Raised by $477,072 Its Position; Ally Financial Has Boosted Stake in Southwestern Energy Co (SWN) by $1.25 Million

May 11, 2018 - By Steve Bissell

Southwestern Energy Company (NYSE:SWN) Logo

Louis Navellier increased its stake in Moelis & Co (MC) by 30.12% based on its latest 2017Q4 regulatory filing with the SEC. Navellier & Associates Inc bought 9,939 shares as the company’s stock rose 2.11% while stock markets declined. The hedge fund run by Louis Navellier held 42,932 shares of the investment managers company at the end of 2017Q4, valued at $2.08M, up from 32,993 at the end of the previous reported quarter. Navellier & Associates Inc who had been investing in Moelis & Co for a number of months, seems to be bullish on the $3.28B market cap company. The stock increased 0.44% or $0.25 during the last trading session, reaching $56.65. About 345,225 shares traded. Moelis & Company (NYSE:MC) has risen 41.94% since May 11, 2017 and is uptrending. It has outperformed by 30.39% the S&P500.

Ally Financial Inc increased its stake in Southwestern Energy Co (SWN) by 116.28% based on its latest 2017Q4 regulatory filing with the SEC. Ally Financial Inc bought 250,000 shares as the company’s stock declined 19.55% with the market. The institutional investor held 465,000 shares of the oil & gas production company at the end of 2017Q4, valued at $2.60M, up from 215,000 at the end of the previous reported quarter. Ally Financial Inc who had been investing in Southwestern Energy Co for a number of months, seems to be bullish on the $2.52B market cap company. The stock increased 0.93% or $0.04 during the last trading session, reaching $4.33. About 11.02M shares traded. Southwestern Energy Company (NYSE:SWN) has declined 44.42% since May 11, 2017 and is downtrending. It has underperformed by 55.97% the S&P500.

Among 13 analysts covering Moelis & Co (NYSE:MC), 6 have Buy rating, 0 Sell and 7 Hold. Therefore 46% are positive. Moelis & Co had 37 analyst reports since August 11, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained Moelis & Company (NYSE:MC) rating on Sunday, August 27. Keefe Bruyette & Woods has “Hold” rating and $42.0 target. The company was maintained on Thursday, October 29 by UBS. Keefe Bruyette & Woods maintained Moelis & Company (NYSE:MC) rating on Wednesday, February 7. Keefe Bruyette & Woods has “Hold” rating and $52.0 target. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Monday, June 5 report. The firm has “Neutral” rating given on Thursday, August 4 by UBS. The rating was maintained by JMP Securities with “Market Outperform” on Tuesday, July 25. The rating was maintained by Bank of America with “Buy” on Thursday, February 8. The stock of Moelis & Company (NYSE:MC) has “Hold” rating given on Thursday, February 8 by Sandler O’Neill. The stock of Moelis & Company (NYSE:MC) has “Hold” rating given on Wednesday, January 10 by Keefe Bruyette & Woods. The rating was initiated by Buckingham Research with “Neutral” on Monday, December 21.

Navellier & Associates Inc, which manages about $2.37B and $534.84M US Long portfolio, decreased its stake in Lazard Ltd. (NYSE:LAZ) by 8,062 shares to 40,509 shares, valued at $2.13 million in 2017Q4, according to the filing. It also reduced its holding in Idexx Laboratories Inc. (NASDAQ:IDXX) by 38,206 shares in the quarter, leaving it with 23,345 shares, and cut its stake in Costco Wholesale Corp. (NASDAQ:COST).

More news for Moelis & Company (NYSE:MC) were recently published by: Themiddlemarket.com, which released: “M&A daily wrap: Shore Capital Partners, Waud Capital, P&G, Merck, BlackRock, Liberty Hall” on April 19, 2018. Globenewswire.com‘s article titled: “New Research Coverage Highlights Moelis, Continental Building Products, Helmerich & Payne, Opus Bank, Advanced …” and published on April 23, 2018 is yet another important article.

Ally Financial Inc, which manages about $517.83 million US Long portfolio, decreased its stake in Nike Inc (NYSE:NKE) by 100,000 shares to 15,000 shares, valued at $938,000 in 2017Q4, according to the filing. It also reduced its holding in Bp Plc (NYSE:BP) by 75,000 shares in the quarter, leaving it with 80,000 shares, and cut its stake in Verizon Communications Inc (NYSE:VZ).

Another recent and important Southwestern Energy Company (NYSE:SWN) news was published by Seekingalpha.com which published an article titled: “Southwestern Energy’s (SWN) CEO Bill Way on Q1 2018 Results – Earnings Call Transcript” on April 27, 2018.

Southwestern Energy Company (NYSE:SWN) Institutional Positions Chart

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