Stadium Capital Management Has Cut Builders Firstsource (BLDR) Position by $4.78 Million; Cypress Asset Management Has Decreased Its Kinder Morgan Del (KMI) Holding as Valuation Declined

November 15, 2017 - By Vivian Currie

Alexander Medina Seaver decreased its stake in Builders Firstsource Inc (BLDR) by 4.34% based on its latest 2017Q2 regulatory filing with the SEC. Stadium Capital Management Llc sold 318,857 shares as the company’s stock rose 13.67% with the market. The hedge fund run by Alexander Medina Seaver held 7.02M shares of the consumer services company at the end of 2017Q2, valued at $107.58 million, down from 7.34 million at the end of the previous reported quarter. Stadium Capital Management Llc who had been investing in Builders Firstsource Inc for a number of months, seems to be less bullish one the $2.06 billion market cap company. It closed at $18.27 lastly. It is down 24.30% since November 15, 2016 and is uptrending. It has outperformed by 7.60% the S&P500.

Cypress Asset Management Inc decreased its stake in Kinder Morgan Inc Del (KMI) by 60.21% based on its latest 2017Q2 regulatory filing with the SEC. Cypress Asset Management Inc sold 45,362 shares as the company’s stock declined 10.34% while stock markets rallied. The institutional investor held 29,980 shares of the public utilities company at the end of 2017Q2, valued at $574,000, down from 75,342 at the end of the previous reported quarter. Cypress Asset Management Inc who had been investing in Kinder Morgan Inc Del for a number of months, seems to be less bullish one the $38.93 billion market cap company. The stock declined 0.75% or $0.13 reaching $17.3 per share. About 50,520 shares traded. Kinder Morgan Inc (NYSE:KMI) has risen 13.09% since November 15, 2016 and is uptrending. It has underperformed by 3.61% the S&P500.




Investors sentiment decreased to 0.9 in Q2 2017. Its down 0.10, from 1 in 2017Q1. It worsened, as 70 investors sold KMI shares while 349 reduced holdings. 75 funds opened positions while 303 raised stakes. 1.27 billion shares or 2.36% more from 1.24 billion shares in 2017Q1 were reported. Art Limited Liability Company, New York-based fund reported 142,874 shares. Guardian holds 0.32% of its portfolio in Kinder Morgan Inc (NYSE:KMI) for 905,100 shares. 386,611 are held by Whittier. Dorsey And Whitney Ltd Liability accumulated 18,981 shares. State Of Alaska Department Of Revenue holds 22,152 shares or 0.03% of its portfolio. Assetmark Inc has 328 shares for 0% of their portfolio. Glg Ltd Liability accumulated 92,259 shares or 0.11% of the stock. Rampart Mgmt Com Ltd Liability invested in 0.15% or 22,146 shares. Mycio Wealth Partners Limited Liability Company invested 0.03% in Kinder Morgan Inc (NYSE:KMI). Pitcairn Company holds 28,726 shares. Moreover, Dubuque Bancorp & Tru has 0.01% invested in Kinder Morgan Inc (NYSE:KMI). Crestpoint Limited Liability Corp reported 84,499 shares. Basswood Capital Mgmt Limited Liability Corporation holds 0.12% of its portfolio in Kinder Morgan Inc (NYSE:KMI) for 126,163 shares. Cannell Peter B And Co holds 0.02% of its portfolio in Kinder Morgan Inc (NYSE:KMI) for 27,044 shares. 22,803 were accumulated by Ntv Asset Management Limited Liability Company.

Cypress Asset Management Inc, which manages about $488.07M US Long portfolio, upped its stake in Abbott Labs (NYSE:ABT) by 22,165 shares to 39,993 shares, valued at $1.94 million in 2017Q2, according to the filing. It also increased its holding in Microsoft Corp (NASDAQ:MSFT) by 37,020 shares in the quarter, for a total of 66,425 shares, and has risen its stake in Medtronic Plc (NYSE:MDT).

More notable recent Kinder Morgan Inc (NYSE:KMI) news were published by: Fool.com which released: “3 Things Kinder Morgan Inc Investors Should Keep an Eye on This Quarter” on October 17, 2017, also Seekingalpha.com with their article: “Kinder Morgan: Bury The Past, Buy For The Future” published on November 08, 2017, Seekingalpha.com published: “Kinder Morgan: A Blunder Revisited” on October 26, 2017. More interesting news about Kinder Morgan Inc (NYSE:KMI) were released by: Seekingalpha.com and their article: “Like It Or Not, Kinder Morgan Is Delivering” published on October 23, 2017 as well as Fool.com‘s news article titled: “Ignore Kinder Morgan — Here Are 2 Better High Yield Options to Buy” with publication date: November 06, 2017.

Analysts await Kinder Morgan Inc (NYSE:KMI) to report earnings on January, 17. They expect $0.17 EPS, down 10.53% or $0.02 from last year’s $0.19 per share. KMI’s profit will be $382.55 million for 25.44 P/E if the $0.17 EPS becomes a reality. After $0.15 actual EPS reported by Kinder Morgan Inc for the previous quarter, Wall Street now forecasts 13.33% EPS growth.

Among 22 analysts covering Kinder Morgan (NYSE:KMI), 13 have Buy rating, 0 Sell and 9 Hold. Therefore 59% are positive. Kinder Morgan had 66 analyst reports since July 30, 2015 according to SRatingsIntel. Citigroup maintained the shares of KMI in report on Tuesday, July 19 with “Neutral” rating. The firm has “Buy” rating by Argus Research given on Tuesday, November 10. The rating was upgraded by Wolfe Research on Thursday, October 20 to “Outperform”. The firm has “Hold” rating given on Thursday, December 3 by Argus Research. The stock has “Buy” rating by Goldman Sachs on Sunday, August 16. The stock of Kinder Morgan Inc (NYSE:KMI) earned “Buy” rating by BMO Capital Markets on Thursday, October 12. The stock of Kinder Morgan Inc (NYSE:KMI) earned “Hold” rating by Jefferies on Monday, October 16. RBC Capital Markets maintained the shares of KMI in report on Wednesday, October 11 with “Hold” rating. As per Thursday, January 28, the company rating was upgraded by Credit Suisse. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, August 17.

Another recent and important Builders FirstSource, Inc. (NASDAQ:BLDR) news was published by Prnewswire.com which published an article titled: “Stock Performance Review on General Building Materials Industry – Builders …” on November 15, 2017.

Stadium Capital Management Llc, which manages about $639.76M and $232.97M US Long portfolio, upped its stake in Civitas Solutions Inc (NYSE:CIVI) by 143,015 shares to 1.62M shares, valued at $28.36 million in 2017Q2, according to the filing.

Investors sentiment decreased to 1.3 in Q2 2017. Its down 0.39, from 1.69 in 2017Q1. It fall, as 29 investors sold BLDR shares while 52 reduced holdings. 33 funds opened positions while 72 raised stakes. 91.60 million shares or 2.29% more from 89.55 million shares in 2017Q1 were reported. United Kingdom-based Barclays Pcl has invested 0% in Builders FirstSource, Inc. (NASDAQ:BLDR). Prudential Public Ltd Com accumulated 250,000 shares. Pnc Fincl Serv Grp Inc has invested 0% in Builders FirstSource, Inc. (NASDAQ:BLDR). 22,408 are held by Gargoyle Inv Advisor Ltd Liability Com. Cipher Capital Limited Partnership accumulated 41,135 shares or 0.05% of the stock. Moreover, Buckingham Cap Mgmt Inc has 1.82% invested in Builders FirstSource, Inc. (NASDAQ:BLDR). 62,300 were accumulated by Cornerstone Mgmt Ltd Llc. Stifel Fin Corporation invested 0.01% in Builders FirstSource, Inc. (NASDAQ:BLDR). Zurcher Kantonalbank (Zurich Cantonalbank) owns 0% invested in Builders FirstSource, Inc. (NASDAQ:BLDR) for 4,696 shares. Creative Planning holds 0% or 100 shares. Wespac Advsr Llc holds 15,396 shares. Driehaus Capital Limited stated it has 423,454 shares. State Common Retirement Fund stated it has 0% in Builders FirstSource, Inc. (NASDAQ:BLDR). 799 are owned by Oppenheimer Asset Mgmt. Qs Lc has invested 0% in Builders FirstSource, Inc. (NASDAQ:BLDR).

Analysts await Builders FirstSource, Inc. (NASDAQ:BLDR) to report earnings on February, 27. They expect $0.18 earnings per share, up 12.50% or $0.02 from last year’s $0.16 per share. BLDR’s profit will be $20.30 million for 25.38 P/E if the $0.18 EPS becomes a reality. After $0.39 actual earnings per share reported by Builders FirstSource, Inc. for the previous quarter, Wall Street now forecasts -53.85% negative EPS growth.

Among 9 analysts covering Builders Firstsource (NASDAQ:BLDR), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Builders Firstsource had 21 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was maintained by B. Riley & Co with “Buy” on Friday, November 10. The stock has “Buy” rating by Seaport Global Securities on Tuesday, November 22. The stock has “Outperform” rating by Wedbush on Wednesday, September 7. The rating was maintained by Barclays Capital on Friday, November 10 with “Equal-Weight”. The firm earned “Neutral” rating on Friday, November 10 by Citigroup. The firm has “Neutral” rating given on Thursday, September 10 by Citigroup. The stock of Builders FirstSource, Inc. (NASDAQ:BLDR) earned “Buy” rating by Deutsche Bank on Tuesday, September 8. The firm has “Outperform” rating by FBR Capital given on Wednesday, June 1. The stock of Builders FirstSource, Inc. (NASDAQ:BLDR) has “Buy” rating given on Friday, November 10 by FBR Capital. SunTrust maintained Builders FirstSource, Inc. (NASDAQ:BLDR) rating on Thursday, November 9. SunTrust has “Buy” rating and $20.0 target.

Since June 9, 2017, it had 0 buys, and 1 insider sale for $521,850 activity.

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