Mutual Of America Capital Management Has Raised Its Conocophillips (COP) Holding by $336,690 as Market Valuation Rose; Boston Partners Boosted Stake in Loews (L) by $6.56 Million

May 19, 2018 - By Nellie Frank

Loews Corporation (NYSE:L) Logo

Boston Partners increased its stake in Loews Corp (L) by 1.66% based on its latest 2017Q4 regulatory filing with the SEC. Boston Partners bought 131,148 shares as the company’s stock declined 1.13% with the market. The institutional investor held 8.05M shares of the property-casualty insurers company at the end of 2017Q4, valued at $402.52M, up from 7.91M at the end of the previous reported quarter. Boston Partners who had been investing in Loews Corp for a number of months, seems to be bullish on the $16.38 billion market cap company. The stock decreased 0.27% or $0.14 during the last trading session, reaching $51.31. About 1.54 million shares traded or 6.38% up from the average. Loews Corporation (NYSE:L) has risen 6.93% since May 19, 2017 and is uptrending. It has underperformed by 4.62% the S&P500.

Mutual Of America Capital Management Llc increased its stake in Conocophillips (COP) by 4.26% based on its latest 2017Q4 regulatory filing with the SEC. Mutual Of America Capital Management Llc bought 6,235 shares as the company’s stock rose 6.56% while stock markets declined. The institutional investor held 152,754 shares of the integrated oil company at the end of 2017Q4, valued at $8.39 million, up from 146,519 at the end of the previous reported quarter. Mutual Of America Capital Management Llc who had been investing in Conocophillips for a number of months, seems to be bullish on the $81.38 billion market cap company. The stock decreased 1.57% or $1.11 during the last trading session, reaching $69.55. About 5.09 million shares traded. ConocoPhillips (NYSE:COP) has risen 33.53% since May 19, 2017 and is uptrending. It has outperformed by 21.98% the S&P500.

Boston Partners, which manages about $53.18 billion and $84.89B US Long portfolio, decreased its stake in Mdc Partners Inc (NASDAQ:MDCA) by 283,560 shares to 2.06 million shares, valued at $20.05M in 2017Q4, according to the filing. It also reduced its holding in Amdocs Ltd (NASDAQ:DOX) by 731,443 shares in the quarter, leaving it with 6.41M shares, and cut its stake in Borgwarner Inc (NYSE:BWA).

Since February 11, 2018, it had 0 buys, and 8 sales for $1.48 million activity. On Thursday, March 1 FRIBOURG PAUL J sold $13,538 worth of Loews Corporation (NYSE:L) or 274 shares. HARRIS WALTER L had sold 274 shares worth $13,541 on Thursday, March 1. 6,242 Loews Corporation (NYSE:L) shares with value of $313,536 were sold by SIEGEL KENNETH I. $13,530 worth of stock was sold by DIKER CHARLES M on Thursday, March 1. 7,800 Loews Corporation (NYSE:L) shares with value of $370,500 were sold by TISCH JAMES S. On Sunday, February 11 the insider TISCH JONATHAN M sold $370,578.

More important recent Loews Corporation (NYSE:L) news were published by: Globenewswire.com which released: “Factors of Influence in 2018, Key Indicators and Opportunity within Fred’s, Nexstar Broadcasting Group, CNO Financial …” on May 14, 2018, also 247Wallst.com published article titled: “Top Analyst Upgrades and Downgrades: Andeavor, CSX, Lam Research, Owens Corning, UPS, Xerox and More”, Seekingalpha.com published: “Loews Corp’s (L) CEO James Tisch on Q1 2018 Results – Earnings Call Transcript” on April 30, 2018. More interesting news about Loews Corporation (NYSE:L) was released by: Seekingalpha.com and their article: “Loews Corporation 2018 Q1 – Results – Earnings Call Slides” with publication date: May 01, 2018.

Investors sentiment increased to 1.17 in 2017 Q4. Its up 0.17, from 1 in 2017Q3. It increased, as 23 investors sold L shares while 140 reduced holdings. 51 funds opened positions while 140 raised stakes. 198.15 million shares or 1.07% more from 196.05 million shares in 2017Q3 were reported. Beck Mack Oliver Ltd has 0.01% invested in Loews Corporation (NYSE:L). Federated Incorporated Pa accumulated 5,746 shares. 821,918 are owned by Sumitomo Mitsui Hldg Inc. Waters Parkerson & Co Limited Liability accumulated 0.05% or 12,400 shares. Parkside National Bank Trust holds 101 shares. Credit Suisse Ag has 0.02% invested in Loews Corporation (NYSE:L). 67 are owned by Private Ocean Limited Liability Corp. Commonwealth Of Pennsylvania Public School Empls Retrmt has 24,689 shares. Torray Llc, Maryland-based fund reported 375,744 shares. First Mercantile Tru Co invested in 0.08% or 8,100 shares. Moreover, Stifel Fin has 0% invested in Loews Corporation (NYSE:L) for 31,370 shares. Lourd Cap Ltd Llc holds 0.12% or 35,340 shares in its portfolio. 88,371 were reported by Amundi Pioneer Asset Mgmt Inc. Moreover, Chevy Chase Trust Hldgs has 0.05% invested in Loews Corporation (NYSE:L). Deutsche Natl Bank Ag reported 938,563 shares or 0.03% of all its holdings.

Investors sentiment increased to 0.72 in 2017 Q4. Its up 0.09, from 0.63 in 2017Q3. It increased, as 42 investors sold COP shares while 534 reduced holdings. 121 funds opened positions while 296 raised stakes. 805.62 million shares or 1.13% less from 814.86 million shares in 2017Q3 were reported. Geode Cap Management Limited Liability Corp, a Massachusetts-based fund reported 12.94 million shares. Moreover, Zeke Advisors Ltd Com has 0.24% invested in ConocoPhillips (NYSE:COP). Cipher Capital LP has invested 0.04% of its portfolio in ConocoPhillips (NYSE:COP). Automobile Association invested in 2.17M shares or 0.33% of the stock. Bp Public Limited Co accumulated 0.28% or 142,000 shares. Cape Cod Five Cents Financial Bank has 23,154 shares. Eaton Vance holds 4.54 million shares or 0.6% of its portfolio. Park Avenue Secs Limited Liability Corporation holds 0.09% of its portfolio in ConocoPhillips (NYSE:COP) for 6,108 shares. Nelson Van Denburg And Campbell Wealth Mngmt Ltd Company, Nebraska-based fund reported 7,590 shares. Somerville Kurt F reported 11,142 shares. The Connecticut-based Corecommodity Ltd has invested 0.36% in ConocoPhillips (NYSE:COP). Dnb Asset Mngmt As reported 0.1% in ConocoPhillips (NYSE:COP). 133,248 were reported by Teachers Retirement Systems Of The State Of Kentucky. Cullinan Assocs holds 0.12% or 28,600 shares. Nine Masts Ltd invested 0.02% of its portfolio in ConocoPhillips (NYSE:COP).

Since March 29, 2018, it had 0 insider buys, and 5 selling transactions for $16.98 million activity. 50,000 shares were sold by KELLY JANET LANGFORD, worth $3.37M on Monday, May 7. On Monday, April 30 Freeman Jody sold $243,586 worth of ConocoPhillips (NYSE:COP) or 3,716 shares.

Among 26 analysts covering ConocoPhillips (NYSE:COP), 15 have Buy rating, 1 Sell and 10 Hold. Therefore 58% are positive. ConocoPhillips had 101 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, August 24. Goldman Sachs maintained ConocoPhillips (NYSE:COP) on Thursday, June 22 with “Neutral” rating. The stock of ConocoPhillips (NYSE:COP) earned “Hold” rating by Jefferies on Wednesday, September 7. Howard Weil downgraded it to “Sector Perform” rating and $40 target in Friday, February 5 report. Jefferies maintained the shares of COP in report on Friday, July 28 with “Buy” rating. The firm earned “Market Perform” rating on Thursday, July 6 by Bernstein. The firm has “Buy” rating by Piper Jaffray given on Tuesday, November 21. RBC Capital Markets maintained the shares of COP in report on Friday, February 5 with “Outperform” rating. As per Friday, October 28, the company rating was upgraded by Piper Jaffray. As per Wednesday, December 20, the company rating was maintained by RBC Capital Markets.

Mutual Of America Capital Management Llc, which manages about $13.10B and $6.56 billion US Long portfolio, decreased its stake in Whirlpool Corp. (NYSE:WHR) by 19,705 shares to 8,754 shares, valued at $1.48 million in 2017Q4, according to the filing. It also reduced its holding in Tyco Electronics Ltd by 37,737 shares in the quarter, leaving it with 44,692 shares, and cut its stake in Boston Scientific (NYSE:BSX).

More notable recent ConocoPhillips (NYSE:COP) news were published by: 247Wallst.com which released: “Exxon, Chevron Earnings on Deck Friday Morning” on April 26, 2018, also Seekingalpha.com with their article: “Conoco authorized to seize PDVSA assets” published on May 13, 2018, Seekingalpha.com published: “ConocoPhillips: Avoiding Traffic Jams” on May 18, 2018. More interesting news about ConocoPhillips (NYSE:COP) were released by: Seekingalpha.com and their article: “ConocoPhillips: Let Profits Run” published on April 23, 2018 as well as Seekingalpha.com‘s news article titled: “ConocoPhillips’s (COP) Presents at Annual Shareholders Meeting Conference (Transcript)” with publication date: May 15, 2018.

ConocoPhillips (NYSE:COP) Institutional Positions Chart

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