Frontier Investment Mgmt Company Has Increased Position in Lasalle Hotel Properties Reit (LHO) as Market Value Declined; Albemarle (ALB) Stock Declined While Supplemental Annuity Collective Trust Of Nj Increased by $381,000 Its Stake

May 18, 2018 - By Vivian Currie

Albemarle Corporation (NYSE:ALB) Logo

Supplemental Annuity Collective Trust Of Nj increased its stake in Albemarle Corp (ALB) by 75% based on its latest 2017Q4 regulatory filing with the SEC. Supplemental Annuity Collective Trust Of Nj bought 3,000 shares as the company’s stock declined 27.74% with the market. The institutional investor held 7,000 shares of the major chemicals company at the end of 2017Q4, valued at $895,000, up from 4,000 at the end of the previous reported quarter. Supplemental Annuity Collective Trust Of Nj who had been investing in Albemarle Corp for a number of months, seems to be bullish on the $11.61B market cap company. The stock increased 2.39% or $2.45 during the last trading session, reaching $104.8. About 2.77M shares traded or 35.08% up from the average. Albemarle Corporation (NYSE:ALB) has declined 10.68% since May 18, 2017 and is downtrending. It has underperformed by 22.23% the S&P500.

Frontier Investment Mgmt Company increased its stake in Lasalle Hotel Properties Reit (LHO) by 7.26% based on its latest 2017Q4 regulatory filing with the SEC. Frontier Investment Mgmt Company bought 34,070 shares as the company’s stock declined 12.72% with the market. The institutional investor held 503,210 shares of the real estate investment trusts company at the end of 2017Q4, valued at $14.13 million, up from 469,140 at the end of the previous reported quarter. Frontier Investment Mgmt Company who had been investing in Lasalle Hotel Properties Reit for a number of months, seems to be bullish on the $3.50B market cap company. The stock increased 0.83% or $0.26 during the last trading session, reaching $31.65. About 873,197 shares traded. LaSalle Hotel Properties (NYSE:LHO) has declined 11.57% since May 18, 2017 and is downtrending. It has underperformed by 23.12% the S&P500.

Investors sentiment decreased to 1.01 in 2017 Q4. Its down 0.12, from 1.13 in 2017Q3. It is negative, as 42 investors sold ALB shares while 182 reduced holdings. 82 funds opened positions while 144 raised stakes. 92.86 million shares or 2.44% less from 95.18 million shares in 2017Q3 were reported. Cibc Asset Mngmt reported 12,876 shares. Alabama-based Regions Corp has invested 0% in Albemarle Corporation (NYSE:ALB). Kelly Lawrence W And Assoc Ca has invested 0.3% in Albemarle Corporation (NYSE:ALB). Teachers Retirement Of The State Of Kentucky has 61,800 shares for 0.09% of their portfolio. Neuberger Berman Group Incorporated Ltd Com, a New York-based fund reported 11,530 shares. Suntrust Banks reported 17,920 shares. Kentucky Retirement Systems Insurance Fund holds 0.06% or 2,934 shares. M&T Savings Bank Corp owns 54,981 shares. Livforsakringsbolaget Skandia Omsesidigt stated it has 1,702 shares or 0.02% of all its holdings. First Eagle Invest Management Ltd Liability has invested 0.15% in Albemarle Corporation (NYSE:ALB). Sumitomo Life Insurance holds 7,991 shares or 0.13% of its portfolio. Nomura Asset Ltd stated it has 0.02% of its portfolio in Albemarle Corporation (NYSE:ALB). Ahl Ptnrs Llp stated it has 0.07% of its portfolio in Albemarle Corporation (NYSE:ALB). State Common Retirement Fund owns 0.05% invested in Albemarle Corporation (NYSE:ALB) for 322,815 shares. Sumitomo Mitsui Tru holds 308,946 shares.

More recent Albemarle Corporation (NYSE:ALB) news were published by: Investorplace.com which released: “Albemarle Corporation Stock Is a Great Tesla Alternative” on May 14, 2018. Also Foxbusiness.com published the news titled: “FMC Lithium IPO and Spinoff: Here’s What Investors Should Know” on May 17, 2018. Seekingalpha.com‘s news article titled: “Albemarle Corporation 2018 Q1 – Results – Earnings Call Slides” with publication date: May 10, 2018 was also an interesting one.

Among 23 analysts covering Albemarle Corporation (NYSE:ALB), 16 have Buy rating, 1 Sell and 6 Hold. Therefore 70% are positive. Albemarle Corporation had 78 analyst reports since August 7, 2015 according to SRatingsIntel. RBC Capital Markets maintained Albemarle Corporation (NYSE:ALB) on Wednesday, April 19 with “Buy” rating. The stock has “Buy” rating by Jefferies on Monday, August 21. SunTrust downgraded the shares of ALB in report on Wednesday, August 9 to “Hold” rating. Robert W. Baird downgraded the shares of ALB in report on Monday, September 25 to “Neutral” rating. The firm earned “Buy” rating on Thursday, July 13 by RBC Capital Markets. The firm has “Outperform” rating by RBC Capital Markets given on Monday, May 8. Citigroup upgraded the stock to “Buy” rating in Monday, November 2 report. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, April 17 report. The rating was upgraded by Seaport Global to “Buy” on Tuesday, March 6. The firm has “Buy” rating given on Friday, August 7 by Suntrust Robinson.

Supplemental Annuity Collective Trust Of Nj, which manages about $236.66M US Long portfolio, decreased its stake in Corning Inc (NYSE:GLW) by 20,000 shares to 12,464 shares, valued at $399,000 in 2017Q4, according to the filing. It also reduced its holding in Oneok Inc New (NYSE:OKE) by 6,000 shares in the quarter, leaving it with 10,000 shares, and cut its stake in Medtronic Plc (NYSE:MDT).

Investors sentiment increased to 1.15 in Q4 2017. Its up 0.03, from 1.12 in 2017Q3. It increased, as 26 investors sold LHO shares while 73 reduced holdings. 38 funds opened positions while 76 raised stakes. 121.65 million shares or 2.43% more from 118.77 million shares in 2017Q3 were reported. Renaissance Grp Lc reported 0.01% stake. Ing Groep Nv has invested 0.01% of its portfolio in LaSalle Hotel Properties (NYSE:LHO). Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% in LaSalle Hotel Properties (NYSE:LHO) or 19,951 shares. Sg Americas Securities Limited Liability Company owns 51,973 shares for 0.01% of their portfolio. Goldman Sachs Gru reported 4.19M shares or 0.03% of all its holdings. Kempen Cap Nv has invested 0.11% in LaSalle Hotel Properties (NYSE:LHO). 154,000 are held by Ubs Oconnor Lc. 38,079 are owned by Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment. Toth Finance Advisory holds 215 shares. Kennedy Capital Management Inc stated it has 0.27% of its portfolio in LaSalle Hotel Properties (NYSE:LHO). Moreover, Amalgamated Bancshares has 0.01% invested in LaSalle Hotel Properties (NYSE:LHO) for 16,383 shares. Citigroup Inc holds 0% or 88,848 shares. Voloridge Invest Management Lc owns 91,460 shares for 0.06% of their portfolio. Victory Cap Management reported 0% of its portfolio in LaSalle Hotel Properties (NYSE:LHO). Seizert Cap Ptnrs Ltd Liability Co stated it has 0.2% of its portfolio in LaSalle Hotel Properties (NYSE:LHO).

Since March 2, 2018, it had 1 buy, and 0 sales for $478,180 activity.

Frontier Investment Mgmt Company, which manages about $1.19 billion and $1.20 billion US Long portfolio, decreased its stake in Alps Sector Dividend Dogs Etf (SDOG) by 11,218 shares to 228,425 shares, valued at $10.46M in 2017Q4, according to the filing. It also reduced its holding in Ishares S&P 500 Index (IVV) by 1,183 shares in the quarter, leaving it with 3,435 shares, and cut its stake in Centurylink Inc (NYSE:CTL).

LaSalle Hotel Properties (NYSE:LHO) Institutional Positions Chart

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By1 Vivian Currie

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