As Barnes Group (B) Valuation Declined, Shareholder Thrivent Financial For Lutherans Has Lowered Its Stake by $752,220; Energy Income Partners Has Raised Its Holding in Ugi New (UGI) as Valuation Declined

May 15, 2018 - By Adrian Erickson

UGI Corporation (NYSE:UGI) Logo

Energy Income Partners Llc increased its stake in Ugi Corp New (UGI) by 20.43% based on its latest 2017Q4 regulatory filing with the SEC. Energy Income Partners Llc bought 292,130 shares as the company’s stock declined 7.25% with the market. The hedge fund held 1.72M shares of the natural gas distribution company at the end of 2017Q4, valued at $80.84 million, up from 1.43M at the end of the previous reported quarter. Energy Income Partners Llc who had been investing in Ugi Corp New for a number of months, seems to be bullish on the $8.55 billion market cap company. The stock decreased 1.21% or $0.61 during the last trading session, reaching $49.38. About 262,570 shares traded. UGI Corporation (NYSE:UGI) has declined 12.69% since May 15, 2017 and is downtrending. It has underperformed by 24.24% the S&P500.




Thrivent Financial For Lutherans decreased its stake in Barnes Group Inc (B) by 15.31% based on its latest 2017Q4 regulatory filing with the SEC. Thrivent Financial For Lutherans sold 11,940 shares as the company’s stock declined 5.92% with the market. The institutional investor held 66,030 shares of the capital goods company at the end of 2017Q4, valued at $4.18M, down from 77,970 at the end of the previous reported quarter. Thrivent Financial For Lutherans who had been investing in Barnes Group Inc for a number of months, seems to be less bullish one the $3.12B market cap company. The stock increased 1.14% or $0.67 during the last trading session, reaching $59.36. About 64,099 shares traded. Barnes Group Inc. (NYSE:B) has risen 19.73% since May 15, 2017 and is uptrending. It has outperformed by 8.18% the S&P500.

Since February 21, 2018, it had 4 buys, and 4 sales for $716,302 activity. 2,500 shares were sold by BARNES THOMAS O, worth $160,000. $80,678 worth of Barnes Group Inc. (NYSE:B) shares were bought by Hipple Richard J. ACKER MARIAN sold $496,161 worth of stock. On Friday, March 9 the insider BENANAV GARY G bought $1,809.

Analysts await Barnes Group Inc. (NYSE:B) to report earnings on July, 27. They expect $0.75 EPS, down 7.41% or $0.06 from last year’s $0.81 per share. B’s profit will be $39.45M for 19.79 P/E if the $0.75 EPS becomes a reality. After $0.72 actual EPS reported by Barnes Group Inc. for the previous quarter, Wall Street now forecasts 4.17% EPS growth.

Another recent and important Barnes Group Inc. (NYSE:B) news was published by Seekingalpha.com which published an article titled: “Barnes’ (B) CEO Patrick Dempsey on Q2 2016 Results – Earnings Call Transcript” on April 27, 2018.

Investors sentiment increased to 1.31 in 2017 Q4. Its up 0.06, from 1.25 in 2017Q3. It is positive, as 23 investors sold B shares while 64 reduced holdings. 35 funds opened positions while 79 raised stakes. 45.52 million shares or 0.42% less from 45.71 million shares in 2017Q3 were reported. Usca Ria Llc reported 5,276 shares. Barclays Public Limited Com has 0% invested in Barnes Group Inc. (NYSE:B). Dubuque Retail Bank Tru holds 4,838 shares. Ohio-based Meeder Asset Mngmt Inc has invested 0% in Barnes Group Inc. (NYSE:B). Pitcairn Company has 0.02% invested in Barnes Group Inc. (NYSE:B). Moreover, Menta Lc has 0.09% invested in Barnes Group Inc. (NYSE:B) for 7,200 shares. Maryland-based Price T Rowe Assocs Inc Md has invested 0.02% in Barnes Group Inc. (NYSE:B). Ameritas Inv Prtn Inc has invested 0.01% of its portfolio in Barnes Group Inc. (NYSE:B). Arizona State Retirement Systems accumulated 0.05% or 82,897 shares. Jpmorgan Chase And has 292,648 shares for 0% of their portfolio. Prudential Finance has 84,817 shares for 0.01% of their portfolio. Fdx Advsrs Incorporated holds 0.01% or 7,629 shares. Stratos Wealth Prns Ltd stated it has 130 shares. Gotham Asset Management Ltd Llc reported 0.01% of its portfolio in Barnes Group Inc. (NYSE:B). The Michigan-based Ls Inv Advsrs Ltd Liability has invested 0.01% in Barnes Group Inc. (NYSE:B).

Thrivent Financial For Lutherans, which manages about $82.94 billion and $29.86 billion US Long portfolio, upped its stake in Benchmark Electronics Inc. (NYSE:BHE) by 580,392 shares to 726,022 shares, valued at $21.13M in 2017Q4, according to the filing. It also increased its holding in Oil States International Inc (NYSE:OIS) by 64,731 shares in the quarter, for a total of 1.66 million shares, and has risen its stake in Te Connectivity Ltd (NYSE:TEL).

Among 8 analysts covering Barnes Group (NYSE:B), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Barnes Group had 24 analyst reports since July 28, 2015 according to SRatingsIntel. The stock of Barnes Group Inc. (NYSE:B) has “Neutral” rating given on Monday, October 19 by Buckingham Research. As per Friday, December 11, the company rating was initiated by DA Davidson. SunTrust maintained it with “Hold” rating and $67.0 target in Monday, January 8 report. The stock has “Buy” rating by Oppenheimer on Friday, July 28. The rating was initiated by Suntrust Robinson with “Hold” on Thursday, January 19. The firm has “Hold” rating given on Friday, October 27 by Robert W. Baird. The stock of Barnes Group Inc. (NYSE:B) earned “Buy” rating by Jefferies on Wednesday, June 7. The firm has “Hold” rating given on Friday, February 16 by Robert W. Baird. The rating was maintained by Oppenheimer with “Outperform” on Monday, October 26. The stock of Barnes Group Inc. (NYSE:B) has “Hold” rating given on Thursday, January 19 by SunTrust.

Investors sentiment decreased to 1.02 in Q4 2017. Its down 0.02, from 1.04 in 2017Q3. It turned negative, as 24 investors sold UGI shares while 127 reduced holdings. 53 funds opened positions while 101 raised stakes. 131.09 million shares or 0.40% less from 131.63 million shares in 2017Q3 were reported. Goldman Sachs Grp Inc invested in 1.14 million shares or 0.01% of the stock. Principal Fincl Group Inc has 734,987 shares. Susquehanna Group Ltd Liability Partnership has invested 0% in UGI Corporation (NYSE:UGI). Globeflex Lp reported 0.18% stake. Toronto Dominion Retail Bank accumulated 10,218 shares. Peapack Gladstone Corp stated it has 0.01% in UGI Corporation (NYSE:UGI). Pnc Fincl Group Inc stated it has 86,597 shares or 0% of all its holdings. Tompkins Financial Corporation stated it has 154 shares. Glg holds 0.02% of its portfolio in UGI Corporation (NYSE:UGI) for 5,066 shares. Tortoise Management Lc holds 21 shares. Tiedemann Wealth Management Limited Co owns 0.13% invested in UGI Corporation (NYSE:UGI) for 35,060 shares. Argyle Capital Inc reported 28,550 shares stake. Sequoia Financial Lc holds 0.02% in UGI Corporation (NYSE:UGI) or 4,934 shares. Mcf Ltd Liability reported 2,250 shares stake. Envestnet Asset Mngmt stated it has 0% of its portfolio in UGI Corporation (NYSE:UGI).

Since February 7, 2018, it had 3 insider buys, and 2 selling transactions for $3.90 million activity. Perreault Roger bought $99,815 worth of stock. 2 UGI Corporation (NYSE:UGI) shares with value of $88 were bought by Kelly Ann P. 25,000 shares were sold by Walsh John L, worth $1.10 million.

More notable recent UGI Corporation (NYSE:UGI) news were published by: Globenewswire.com which released: “New Research Coverage Highlights Barnes & Noble, The Blackstone Group, Hill-Rom, UGI, Fortive, and LightPath …” on April 19, 2018, also Seekingalpha.com with their article: “UGI Corporation 2018 Q2 – Results – Earnings Call Slides” published on May 04, 2018, Fool.com published: “Cold Weather Drives UGI Corp’s Earnings Higher” on May 03, 2018. More interesting news about UGI Corporation (NYSE:UGI) were released by: Businesswire.com and their article: “Consecutive Year of Annual Dividend Increases” published on April 24, 2018 as well as Seekingalpha.com‘s news article titled: “UGI Corp (UGI) CEO John Walsh on Q2 2018 Results – Earnings Call Transcript” with publication date: May 05, 2018.

Barnes Group Inc. (NYSE:B) Institutional Positions Chart

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