Alps Advisors Increased Spectra Energy Partners LP (SEP) Holding By $7.94 Million; Adient Plc Ordinary Shares (ADNT) Shorts Down By 6.32%

April 23, 2018 - By Richard Conner

Spectra Energy Partners, LP (NYSE:SEP) Logo

Alps Advisors Inc increased Spectra Energy Partners Lp (SEP) stake by 3.15% reported in 2017Q4 SEC filing. Alps Advisors Inc acquired 203,631 shares as Spectra Energy Partners Lp (SEP)’s stock declined 21.17%. The Alps Advisors Inc holds 6.67 million shares with $263.66 million value, up from 6.46M last quarter. Spectra Energy Partners Lp now has $17.17B valuation. The stock increased 0.95% or $0.33 during the last trading session, reaching $34.95. About 42,454 shares traded. Spectra Energy Partners, LP (NYSE:SEP) has declined 22.60% since April 23, 2017 and is downtrending. It has underperformed by 34.15% the S&P500.

Adient Plc Ordinary Shares (NYSE:ADNT) had a decrease of 6.32% in short interest. ADNT’s SI was 5.50M shares in April as released by FINRA. Its down 6.32% from 5.87 million shares previously. With 655,500 avg volume, 8 days are for Adient Plc Ordinary Shares (NYSE:ADNT)’s short sellers to cover ADNT’s short positions. The SI to Adient Plc Ordinary Shares’s float is 6.31%. The stock increased 0.11% or $0.07 during the last trading session, reaching $62.57. About 26,456 shares traded. Adient plc (NYSE:ADNT) has declined 15.34% since April 23, 2017 and is downtrending. It has underperformed by 26.89% the S&P500.

Among 11 analysts covering Ardent Mines (NYSE:ADNT), 6 have Buy rating, 1 Sell and 4 Hold. Therefore 55% are positive. Ardent Mines had 15 analyst reports since October 18, 2016 according to SRatingsIntel. The firm has “Buy” rating by Seaport Global given on Tuesday, October 18. RBC Capital Markets initiated the shares of ADNT in report on Friday, October 28 with “Outperform” rating. Susquehanna initiated the stock with “Neutral” rating in Monday, November 28 report. Bank of America downgraded the stock to “Underperform” rating in Wednesday, November 9 report. The rating was initiated by Wells Fargo with “Outperform” on Monday, October 31. On Tuesday, November 8 the stock rating was initiated by JP Morgan with “Neutral”. The stock of Adient plc (NYSE:ADNT) earned “Outperform” rating by RBC Capital Markets on Friday, November 3. As per Tuesday, October 18, the company rating was initiated by Robert W. Baird. The firm has “Buy” rating given on Monday, October 31 by UBS. Morgan Stanley initiated the shares of ADNT in report on Tuesday, February 21 with “Overweight” rating.

Adient plc designs, manufactures, and markets a range of seating systems and components for passenger cars, commercial vehicles, and light trucks, including vans, pick-up trucks, and sport/crossover utility vehicles. The company has market cap of $5.84 billion. The firm operates through Seating and Interiors divisions. It has a 11.3 P/E ratio. The Seating segment produces automotive seat metal structures and mechanisms, foams, trims, and fabric and complete seat systems.

Alps Advisors Inc decreased Ishares Jp Morgan Usd Emerging (EMB) stake by 42,762 shares to 61,171 valued at $7.10M in 2017Q4. It also reduced United Rentals Inc (NYSE:URI) stake by 7,417 shares and now owns 5,537 shares. Financial Select Sector Spdr F (XLF) was reduced too.

Investors sentiment decreased to 0.82 in 2017 Q4. Its down 0.31, from 1.13 in 2017Q3. It dived, as 22 investors sold SEP shares while 74 reduced holdings. 24 funds opened positions while 55 raised stakes. 66.54 million shares or 6.90% more from 62.25 million shares in 2017Q3 were reported. Spirit Of America Mngmt Corporation Ny owns 523,364 shares. M&T Bancorp has invested 0% in Spectra Energy Partners, LP (NYSE:SEP). Magnetar Limited Liability Company, Illinois-based fund reported 2.29M shares. Bank & Trust Of America De accumulated 370,135 shares. Raymond James And has invested 0.04% in Spectra Energy Partners, LP (NYSE:SEP). Baystate Wealth Limited Com holds 135 shares. Janney Montgomery Scott Lc has invested 0.02% in Spectra Energy Partners, LP (NYSE:SEP). Moreover, Midas Corporation has 0.41% invested in Spectra Energy Partners, LP (NYSE:SEP) for 26,400 shares. Moreover, California Public Employees Retirement Systems has 0% invested in Spectra Energy Partners, LP (NYSE:SEP). Stratos Wealth Prtnrs Limited stated it has 1,698 shares or 0% of all its holdings. Eventide Asset Mngmt Llc has invested 0.13% in Spectra Energy Partners, LP (NYSE:SEP). Walnut Private Equity Ltd Com has invested 0.27% of its portfolio in Spectra Energy Partners, LP (NYSE:SEP). Royal Bancshares Of Canada holds 0% or 84,800 shares in its portfolio. Alps Advisors Inc invested in 6.67M shares or 1.83% of the stock. Citadel Advsr Limited, a Illinois-based fund reported 51,484 shares.

Among 22 analysts covering Spectra Energy Partners LP (NYSE:SEP), 6 have Buy rating, 3 Sell and 13 Hold. Therefore 27% are positive. Spectra Energy Partners LP had 64 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Spectra Energy Partners, LP (NYSE:SEP) earned “Underweight” rating by Morgan Stanley on Friday, March 9. The firm has “Overweight” rating given on Thursday, August 13 by JP Morgan. The rating was maintained by RBC Capital Markets on Tuesday, January 16 with “Buy”. The firm earned “Buy” rating on Tuesday, May 31 by Stifel Nicolaus. As per Monday, January 18, the company rating was upgraded by RBC Capital Markets. RBC Capital Markets maintained it with “Buy” rating and $5500 target in Thursday, August 3 report. The stock of Spectra Energy Partners, LP (NYSE:SEP) earned “Hold” rating by Wells Fargo on Thursday, March 22. The firm earned “Buy” rating on Wednesday, December 20 by Jefferies. As per Wednesday, December 13, the company rating was maintained by RBC Capital Markets. Credit Suisse downgraded the shares of SEP in report on Thursday, March 17 to “Neutral” rating.

Spectra Energy Partners, LP (NYSE:SEP) Institutional Positions Chart

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