As Lowes Cos Com (LOW) Share Price Declined, Pioneer Trust Bank N A Has Increased Position; Wilbanks Smith & Thomas Asset Management Decreased Kinder Morgan (KMI) Position by $785,196 as Share Value Declined

May 22, 2018 - By Maria Brooks

Kinder Morgan, Inc. (NYSE:KMI) Logo

Wilbanks Smith & Thomas Asset Management Llc decreased its stake in Kinder Morgan (KMI) by 33.87% based on its latest 2017Q4 regulatory filing with the SEC. Wilbanks Smith & Thomas Asset Management Llc sold 43,622 shares as the company’s stock declined 16.40% with the market. The institutional investor held 85,171 shares of the public utilities company at the end of 2017Q4, valued at $1.54 million, down from 128,793 at the end of the previous reported quarter. Wilbanks Smith & Thomas Asset Management Llc who had been investing in Kinder Morgan for a number of months, seems to be less bullish one the $35.56B market cap company. The stock increased 0.88% or $0.14 during the last trading session, reaching $16.12. About 5.41 million shares traded. Kinder Morgan, Inc. (NYSE:KMI) has declined 28.25% since May 22, 2017 and is downtrending. It has underperformed by 39.80% the S&P500.




Pioneer Trust Bank N A increased its stake in Lowes Cos Inc Com (LOW) by 17.72% based on its latest 2017Q4 regulatory filing with the SEC. Pioneer Trust Bank N A bought 4,830 shares as the company’s stock declined 5.74% with the market. The institutional investor held 32,093 shares of the consumer services company at the end of 2017Q4, valued at $2.98 million, up from 27,263 at the end of the previous reported quarter. Pioneer Trust Bank N A who had been investing in Lowes Cos Inc Com for a number of months, seems to be bullish on the $71.46 billion market cap company. The stock decreased 0.97% or $0.85 during the last trading session, reaching $86.54. About 5.72M shares traded. Lowe's Companies, Inc. (NYSE:LOW) has risen 5.39% since May 22, 2017 and is uptrending. It has underperformed by 6.16% the S&P500.

Investors sentiment decreased to 1.01 in Q4 2017. Its down 0.03, from 1.04 in 2017Q3. It fall, as 48 investors sold LOW shares while 437 reduced holdings. 138 funds opened positions while 351 raised stakes. 585.84 million shares or 0.67% less from 589.78 million shares in 2017Q3 were reported. Tctc Llc invested 0.27% in Lowe's Companies, Inc. (NYSE:LOW). Beck Mack & Oliver Lc reported 299,044 shares or 0.91% of all its holdings. Koshinski Asset holds 10,035 shares. Greenwood Cap Assoc Ltd Limited Liability Company owns 56,241 shares for 1.22% of their portfolio. Pacific Mgmt Communication holds 0.52% or 25,670 shares in its portfolio. Santa Barbara Asset Mngmt Ltd Co has invested 3% in Lowe's Companies, Inc. (NYSE:LOW). Seabridge Inv Ltd Limited Liability Company accumulated 44,631 shares. Olstein Cap Mngmt Limited Partnership holds 0.67% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW) for 57,000 shares. Liberty Mutual Gru Asset Inc holds 0.09% or 33,648 shares. Newman Dignan Sheerar accumulated 20,404 shares or 0.95% of the stock. 3,676 were accumulated by Lakeview Prns Limited Liability. Moreover, Kbc Nv has 0.22% invested in Lowe's Companies, Inc. (NYSE:LOW). Oregon Public Employees Retirement Fund reported 0.27% stake. Argent Tru reported 28,389 shares. Optimum Advisors invested 0.23% of its portfolio in Lowe's Companies, Inc. (NYSE:LOW).

Pioneer Trust Bank N A, which manages about $204.04 million US Long portfolio, decreased its stake in Accenture Plc Com (NYSE:ACN) by 2,175 shares to 35,785 shares, valued at $5.48M in 2017Q4, according to the filing. It also reduced its holding in Unitedhealth Group Com (NYSE:UNH) by 3,445 shares in the quarter, leaving it with 36,770 shares, and cut its stake in Wells Fargo & Co New Com (NYSE:WFC).

More notable recent Lowe's Companies, Inc. (NYSE:LOW) news were published by: Benzinga.com which released: “China, US Back Away From Trade War, Helping Market Sentiment” on May 22, 2018, also Globenewswire.com with their article: “Investigation Relating to 401(k) Plan of Lowe’s Companies, Inc. (NYSE:LOW) Announced by Stull, Stull & Brody” published on May 12, 2018, 247Wallst.com published: “Can Ellison Do for Lowe’s What He Couldn’t Do for JC Penney?” on May 22, 2018. More interesting news about Lowe's Companies, Inc. (NYSE:LOW) were released by: Streetinsider.com and their article: “Lowes (LOW) call put ratio 1 call to 1.2 puts on new CEO appointment into Q1” published on May 22, 2018 as well as Benzinga.com‘s news article titled: “Barron’s Picks And Pans: Bitcoin, Bogle, Lowe’s, Procter & Gamble And More” with publication date: May 20, 2018.

Among 36 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 23 have Buy rating, 0 Sell and 13 Hold. Therefore 64% are positive. Lowe’s Companies Inc. had 98 analyst reports since August 19, 2015 according to SRatingsIntel. The company was maintained on Friday, February 2 by RBC Capital Markets. RBC Capital Markets maintained the stock with “Outperform” rating in Thursday, November 19 report. As per Thursday, March 1, the company rating was maintained by SunTrust. The company was upgraded on Thursday, November 19 by Zelman. S&P Research maintained Lowe's Companies, Inc. (NYSE:LOW) on Wednesday, August 19 with “Hold” rating. The firm has “Buy” rating given on Tuesday, January 16 by Credit Suisse. The stock of Lowe's Companies, Inc. (NYSE:LOW) earned “Buy” rating by Robert W. Baird on Tuesday, January 2. The firm has “Neutral” rating given on Tuesday, November 28 by Atlantic Securities. The firm has “Buy” rating by Guggenheim given on Wednesday, February 28. The firm earned “Hold” rating on Friday, May 13 by Jefferies.

Wilbanks Smith & Thomas Asset Management Llc, which manages about $2.31 billion and $1.26B US Long portfolio, upped its stake in Exxon Mobil Corp (NYSE:XOM) by 14,998 shares to 104,356 shares, valued at $8.73 million in 2017Q4, according to the filing. It also increased its holding in Microsoft Corp (NASDAQ:MSFT) by 4,918 shares in the quarter, for a total of 139,985 shares, and has risen its stake in Wisdomtree Intl Sc Dvd (DLS).

Investors sentiment decreased to 0.7 in 2017 Q4. Its down 0.07, from 0.77 in 2017Q3. It dived, as 75 investors sold KMI shares while 372 reduced holdings. 83 funds opened positions while 231 raised stakes. 1.31 billion shares or 0.25% more from 1.31 billion shares in 2017Q3 were reported. Oakbrook Limited Liability Co holds 0.08% or 69,430 shares in its portfolio. Brinker Capital reported 0.04% in Kinder Morgan, Inc. (NYSE:KMI). First Natl Trust holds 0.07% or 32,808 shares in its portfolio. 2,866 are held by Howe & Rusling. Pinebridge Invs Ltd Partnership holds 0.01% in Kinder Morgan, Inc. (NYSE:KMI) or 20,820 shares. Exane Derivatives has 56,419 shares. Trust Of Vermont has invested 0.01% in Kinder Morgan, Inc. (NYSE:KMI). North Star Invest Mgmt Corp owns 32,073 shares or 0.07% of their US portfolio. Alpha Cubed Invests Lc reported 17,158 shares. Rmsincerbeaux Cap Management Lc accumulated 278,801 shares. Davenport And Company Limited Liability Corp, Virginia-based fund reported 137,192 shares. Pictet Asset Limited holds 0.27% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI) for 5.89 million shares. Teachers Retirement Systems Of The State Of Kentucky reported 0.05% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI). Dearborn Partners Ltd Liability reported 0.02% in Kinder Morgan, Inc. (NYSE:KMI). M&R Capital Mgmt holds 0.01% or 3,500 shares.

Among 25 analysts covering Kinder Morgan (NYSE:KMI), 17 have Buy rating, 0 Sell and 8 Hold. Therefore 68% are positive. Kinder Morgan had 85 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was downgraded by Credit Suisse to “Neutral” on Thursday, March 17. The company was maintained on Wednesday, October 11 by RBC Capital Markets. The rating was maintained by Bank of America with “Buy” on Monday, September 28. The firm earned “Hold” rating on Tuesday, October 17 by Goldman Sachs. The stock of Kinder Morgan, Inc. (NYSE:KMI) earned “Overweight” rating by Morgan Stanley on Thursday, August 18. The firm has “Buy” rating given on Thursday, October 20 by Stifel Nicolaus. The firm earned “Hold” rating on Thursday, October 22 by Stifel Nicolaus. The rating was maintained by Barclays Capital on Thursday, October 22 with “Overweight”. The company was downgraded on Friday, August 14 by Tudor Pickering. The stock of Kinder Morgan, Inc. (NYSE:KMI) earned “Buy” rating by Stifel Nicolaus on Thursday, September 21.

Analysts await Kinder Morgan, Inc. (NYSE:KMI) to report earnings on July, 18. They expect $0.19 earnings per share, up 35.71% or $0.05 from last year’s $0.14 per share. KMI’s profit will be $419.16 million for 21.21 P/E if the $0.19 EPS becomes a reality. After $0.22 actual earnings per share reported by Kinder Morgan, Inc. for the previous quarter, Wall Street now forecasts -13.64% negative EPS growth.

Kinder Morgan, Inc. (NYSE:KMI) Institutional Positions Chart

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