As International Business Machs (IBM) Stock Value Declined, Tower Research Capital Trc Has Lowered Stake; As Kinder Morgan Inc/De (KMI) Stock Value Declined, Shareholder Webster Bank Cut Its Position by $898,985

February 22, 2018 - By Maria Brooks

Webster Bank decreased its stake in Kinder Morgan Inc/De (KMI) by 94.41% based on its latest 2017Q3 regulatory filing with the SEC. Webster Bank sold 47,315 shares as the company’s stock declined 10.34% while stock markets rallied. The institutional investor held 2,800 shares of the public utilities company at the end of 2017Q3, valued at $54,000, down from 50,115 at the end of the previous reported quarter. Webster Bank who had been investing in Kinder Morgan Inc/De for a number of months, seems to be less bullish one the $37.08B market cap company. The stock increased 0.36% or $0.06 during the last trading session, reaching $16.81. About 4.52M shares traded. Kinder Morgan, Inc. (NYSE:KMI) has risen 13.09% since February 22, 2017 and is uptrending. It has underperformed by 3.61% the S&P500.

Tower Research Capital Llc Trc decreased its stake in International Business Machs (IBM) by 32.16% based on its latest 2017Q3 regulatory filing with the SEC. Tower Research Capital Llc Trc sold 4,186 shares as the company’s stock declined 15.88% while stock markets rallied. The institutional investor held 8,832 shares of the computer manufacturing company at the end of 2017Q3, valued at $1.28M, down from 13,018 at the end of the previous reported quarter. Tower Research Capital Llc Trc who had been investing in International Business Machs for a number of months, seems to be less bullish one the $142.74 billion market cap company. The stock increased 0.14% or $0.22 during the last trading session, reaching $154.18. About 2.15 million shares traded. International Business Machines Corporation (NYSE:IBM) has risen 4.86% since February 22, 2017 and is uptrending. It has underperformed by 11.84% the S&P500.




Among 23 analysts covering Kinder Morgan (NYSE:KMI), 14 have Buy rating, 0 Sell and 9 Hold. Therefore 61% are positive. Kinder Morgan had 75 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Sunday, August 27 by RBC Capital Markets. The company was maintained on Friday, February 9 by Morgan Stanley. The stock of Kinder Morgan, Inc. (NYSE:KMI) has “Hold” rating given on Sunday, October 1 by RBC Capital Markets. RBC Capital Markets maintained the stock with “Outperform” rating in Thursday, December 3 report. Mizuho maintained Kinder Morgan, Inc. (NYSE:KMI) rating on Thursday, January 25. Mizuho has “Hold” rating and $21.0 target. The rating was maintained by Bank of America on Monday, September 28 with “Buy”. The firm earned “Sector Perform” rating on Wednesday, December 9 by RBC Capital Markets. The stock has “Buy” rating by Stifel Nicolaus on Thursday, October 20. The stock has “Buy” rating by Raymond James on Wednesday, May 31. Citigroup maintained Kinder Morgan, Inc. (NYSE:KMI) on Tuesday, October 17 with “Neutral” rating.

Investors sentiment decreased to 0.77 in 2017 Q3. Its down 0.13, from 0.9 in 2017Q2. It dropped, as 70 investors sold KMI shares while 353 reduced holdings. 69 funds opened positions while 257 raised stakes. 1.31 billion shares or 2.89% more from 1.27 billion shares in 2017Q2 were reported. Pinnacle Holding Limited Liability invested 0.23% in Kinder Morgan, Inc. (NYSE:KMI). Whalerock Point Ptnrs Limited Liability Corporation holds 13,319 shares or 0.09% of its portfolio. 51,641 are held by Hl Finance Services Ltd Llc. North Management Corporation stated it has 13,200 shares or 0.04% of all its holdings. Lincoln National invested 0.02% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI). Viking Fund Mngmt Ltd Liability Corp stated it has 552,500 shares or 1.69% of all its holdings. Bender Robert & Associates reported 40,126 shares or 0.44% of all its holdings. Wealthfront accumulated 54,529 shares. Price T Rowe Md reported 3.37M shares. Cipher Capital Limited Partnership invested in 0.13% or 88,172 shares. Prns Gru Ag, Switzerland-based fund reported 2.11 million shares. Covington Mngmt has invested 0% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI). Axa has 0.03% invested in Kinder Morgan, Inc. (NYSE:KMI). Smith Chas P Assoc Pa Cpas owns 219,711 shares. Chem Bank invested 0.21% in Kinder Morgan, Inc. (NYSE:KMI).

Analysts await Kinder Morgan, Inc. (NYSE:KMI) to report earnings on April, 18. They expect $0.20 EPS, up 17.65% or $0.03 from last year’s $0.17 per share. KMI’s profit will be $441.21 million for 21.01 P/E if the $0.20 EPS becomes a reality. After $0.21 actual EPS reported by Kinder Morgan, Inc. for the previous quarter, Wall Street now forecasts -4.76% negative EPS growth.

Webster Bank, which manages about $688.03 million US Long portfolio, upped its stake in Ventas Inc (NYSE:VTR) by 5,050 shares to 5,206 shares, valued at $339,000 in 2017Q3, according to the filing. It also increased its holding in Bank Of America Corp (NYSE:BAC) by 24,289 shares in the quarter, for a total of 200,193 shares, and has risen its stake in Clorox Co/The (NYSE:CLX).

Investors sentiment increased to 0.74 in 2017 Q3. Its up 0.02, from 0.72 in 2017Q2. It improved, as 70 investors sold IBM shares while 676 reduced holdings. 100 funds opened positions while 451 raised stakes. 519.10 million shares or 2.22% less from 530.91 million shares in 2017Q2 were reported. Meristem Limited Liability Partnership, Minnesota-based fund reported 5,836 shares. Moreover, Cohen Mngmt has 1.67% invested in International Business Machines Corporation (NYSE:IBM). Cap One Association has invested 0.12% in International Business Machines Corporation (NYSE:IBM). Coastline Tru invested in 0.41% or 16,353 shares. Estabrook Mgmt owns 65,277 shares for 1.47% of their portfolio. 3,139 were reported by Farmers Tru. Bancshares Of The Ozarks holds 0.33% or 5,463 shares. First Bancorp Of Omaha stated it has 0.27% of its portfolio in International Business Machines Corporation (NYSE:IBM). Lourd Capital Ltd Liability Com accumulated 46,997 shares. Jpmorgan Chase And Company has invested 0.27% in International Business Machines Corporation (NYSE:IBM). Glovista Invests Ltd stated it has 1,686 shares or 0.05% of all its holdings. Patten And Patten Inc Tn, Tennessee-based fund reported 20,418 shares. Greylin Investment Mangement has 194,934 shares. Cardinal Cap Mngmt reported 31,466 shares. Gilman Hill Asset Management Ltd Liability Co reported 3,601 shares.

Tower Research Capital Llc Trc, which manages about $1.21 billion US Long portfolio, upped its stake in Ishares Tr by 15,231 shares to 41,697 shares, valued at $1.95M in 2017Q3, according to the filing. It also increased its holding in Vaneck Vectors Etf Tr by 152,026 shares in the quarter, for a total of 152,300 shares, and has risen its stake in Potash Corp Sask Inc (NYSE:POT).

Since January 31, 2018, it had 1 insider buy, and 0 insider sales for $99,659 activity.

Among 33 analysts covering International Business Machines (NYSE:IBM), 13 have Buy rating, 4 Sell and 16 Hold. Therefore 39% are positive. International Business Machines had 123 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of International Business Machines Corporation (NYSE:IBM) earned “Hold” rating by Oppenheimer on Tuesday, July 18. The firm has “Buy” rating given on Thursday, August 27 by S&P Research. The firm has “Buy” rating given on Wednesday, October 21 by S&P Research. The company was downgraded on Wednesday, April 19 by Societe Generale. The company was initiated on Friday, October 16 by Cantor Fitzgerald. The firm earned “Hold” rating on Friday, January 19 by BMO Capital Markets. The company was maintained on Tuesday, July 19 by Drexel Hamilton. The stock of International Business Machines Corporation (NYSE:IBM) has “Hold” rating given on Tuesday, July 11 by RBC Capital Markets. The firm earned “Underweight” rating on Wednesday, October 18 by Barclays Capital. The firm has “Underperform” rating by Credit Suisse given on Tuesday, July 19.

Analysts await International Business Machines Corporation (NYSE:IBM) to report earnings on April, 17. They expect $2.37 earnings per share, down 0.42% or $0.01 from last year’s $2.38 per share. IBM’s profit will be $2.19 billion for 16.26 P/E if the $2.37 EPS becomes a reality. After $5.18 actual earnings per share reported by International Business Machines Corporation for the previous quarter, Wall Street now forecasts -54.25% negative EPS growth.

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