Cibc World Markets Has Trimmed Kinder Morgan Del (KMI) Stake; Group 1 Automotive (GPI) Shorts Down By 2.02%

February 20, 2018 - By Dolores Ford

Cibc World Markets Corp decreased Kinder Morgan Inc Del (KMI) stake by 80.26% reported in 2017Q3 SEC filing. Cibc World Markets Corp sold 1.66M shares as Kinder Morgan Inc Del (KMI)’s stock declined 10.34%. The Cibc World Markets Corp holds 408,368 shares with $7.83 million value, down from 2.07M last quarter. Kinder Morgan Inc Del now has $37.38B valuation. The stock decreased 0.67% or $0.115 during the last trading session, reaching $16.945. About 6.64 million shares traded. Kinder Morgan, Inc. (NYSE:KMI) has risen 13.09% since February 20, 2017 and is uptrending. It has underperformed by 3.61% the S&P500.

Group 1 Automotive Incorporated (NYSE:GPI) had a decrease of 2.02% in short interest. GPI’s SI was 2.42 million shares in February as released by FINRA. Its down 2.02% from 2.47M shares previously. With 251,100 avg volume, 10 days are for Group 1 Automotive Incorporated (NYSE:GPI)’s short sellers to cover GPI’s short positions. The SI to Group 1 Automotive Incorporated’s float is 13.87%. The stock increased 0.12% or $0.09 during the last trading session, reaching $76.19. About 73,981 shares traded. Group 1 Automotive, Inc. (NYSE:GPI) has risen 10.14% since February 20, 2017 and is uptrending. It has underperformed by 6.56% the S&P500.




Since September 21, 2017, it had 0 insider buys, and 10 selling transactions for $16.32 million activity. $3.18 million worth of stock was sold by HESTERBERG EARL J on Wednesday, January 10. $1.60M worth of Group 1 Automotive, Inc. (NYSE:GPI) was sold by Rickel John C on Friday, October 27. Another trade for 10,000 shares valued at $797,441 was sold by Burman Darryl M. STRANGE J TERRY sold 5,000 shares worth $401,362. Shares for $527,143 were sold by Kenningham Daryl on Monday, October 30.

Among 13 analysts covering Group 1 Automotive (NYSE:GPI), 3 have Buy rating, 1 Sell and 9 Hold. Therefore 23% are positive. Group 1 Automotive had 21 analyst reports since September 17, 2015 according to SRatingsIntel. The stock of Group 1 Automotive, Inc. (NYSE:GPI) has “Neutral” rating given on Tuesday, January 10 by CL King. The stock has “Neutral” rating by Susquehanna on Thursday, February 2. Bank of America maintained Group 1 Automotive, Inc. (NYSE:GPI) rating on Friday, February 9. Bank of America has “Buy” rating and $105 target. Stephens maintained Group 1 Automotive, Inc. (NYSE:GPI) rating on Wednesday, October 28. Stephens has “Equal-Weight” rating and $108 target. The stock of Group 1 Automotive, Inc. (NYSE:GPI) has “Hold” rating given on Wednesday, March 9 by Evercore. The rating was maintained by KeyBanc Capital Markets on Monday, November 13 with “Hold”. KeyBanc Capital Markets maintained Group 1 Automotive, Inc. (NYSE:GPI) on Tuesday, October 3 with “Hold” rating. The stock of Group 1 Automotive, Inc. (NYSE:GPI) earned “Hold” rating by Goldman Sachs on Thursday, September 7. The stock of Group 1 Automotive, Inc. (NYSE:GPI) has “Hold” rating given on Friday, February 9 by Stephens. On Thursday, August 31 the stock rating was maintained by KeyBanc Capital Markets with “Hold”.

Investors sentiment increased to 0.99 in 2017 Q3. Its up 0.17, from 0.82 in 2017Q2. It increased, as 25 investors sold Group 1 Automotive, Inc. shares while 53 reduced holdings. 28 funds opened positions while 49 raised stakes. 20.26 million shares or 2.16% more from 19.83 million shares in 2017Q2 were reported. Nordea Inv Mngmt holds 0.01% of its portfolio in Group 1 Automotive, Inc. (NYSE:GPI) for 73,800 shares. Tci Wealth Advisors Incorporated holds 0% or 28 shares in its portfolio. Hotchkis And Wiley Cap Ltd Limited Liability Company owns 0.05% invested in Group 1 Automotive, Inc. (NYSE:GPI) for 167,938 shares. 1.64 million are held by Eminence Capital Ltd Partnership. Investment Counselors Of Maryland Limited Company accumulated 271,852 shares or 1.01% of the stock. 14,312 are owned by Texas Permanent School Fund. Davidson Kempner Cap L P has 181,000 shares for 0.39% of their portfolio. Thrivent Fincl For Lutherans holds 12,010 shares. Quantitative Inv Mgmt Llc invested in 6,000 shares or 0% of the stock. State Of New Jersey Common Pension Fund D holds 0% in Group 1 Automotive, Inc. (NYSE:GPI) or 9,750 shares. Pub Employees Retirement Association Of Colorado has 4,243 shares. Swiss Bank stated it has 33,900 shares or 0% of all its holdings. Morgan Stanley has invested 0% in Group 1 Automotive, Inc. (NYSE:GPI). Deutsche Bancorporation Ag invested in 151,914 shares. Bancorp Of New York Mellon owns 295,425 shares or 0.01% of their US portfolio.

Group 1 Automotive, Inc., through its subsidiaries, operates in the automotive retail industry. The company has market cap of $1.54 billion. It sells new and used cars, light trucks, and vehicle parts; arranges vehicle financing; sells service and insurance contracts; and provides automotive maintenance and repair services. It has a 7.56 P/E ratio. The firm has activities primarily in the metropolitan areas of Alabama, California, Florida, Georgia, Kansas, Louisiana, Maryland, Massachusetts, Mississippi, New Hampshire, New Jersey, Oklahoma, South Carolina, and Texas in the United States; 20 towns in the United Kingdom; and in metropolitan markets of Sao Paulo, Parana, Mato Grosso do Sul, and Santa Catarina, Brazil.

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. Stifel Nicolaus upgraded Kinder Morgan, Inc. (NYSE:KMI) on Thursday, January 28 to “Buy” rating. RBC Capital Markets maintained it with “Hold” rating and $22.0 target in Thursday, January 18 report. On Thursday, October 22 the stock rating was maintained by Barclays Capital with “Overweight”. As per Monday, October 24, the company rating was upgraded by Raymond James. The firm earned “Buy” rating on Wednesday, May 31 by Raymond James. The stock of Kinder Morgan, Inc. (NYSE:KMI) earned “Hold” rating by RBC Capital Markets on Thursday, July 20. RBC Capital Markets maintained the shares of KMI in report on Tuesday, June 27 with “Sector Perform” rating. The stock of Kinder Morgan, Inc. (NYSE:KMI) has “Hold” rating given on Thursday, October 22 by Stifel Nicolaus. Argus Research maintained it with “Buy” rating and $35 target in Tuesday, November 10 report. The firm has “Hold” rating given on Wednesday, October 11 by RBC Capital Markets.

Cibc World Markets Corp increased Automatic Data Processing I (NASDAQ:ADP) stake by 3,447 shares to 99,915 valued at $10.92 million in 2017Q3. It also upped Activision Blizzard Inc (NASDAQ:ATVI) stake by 15,807 shares and now owns 169,778 shares. Occidental Pete Corp Del (NYSE:OXY) was raised too.

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