Hite Hedge Asset Management Increased Its Antero Midstream Partners LP (AM) Holding by $16.81 Million; Share Value Declined; Rothschild Asset Management Has Trimmed Its Holding in Emcor Group (EME) as Share Value Declined

May 18, 2018 - By Darrin Black

Hite Hedge Asset Management Llc increased its stake in Antero Midstream Partners Lp (AM) by 1189.78% based on its latest 2017Q4 regulatory filing with the SEC. Hite Hedge Asset Management Llc bought 579,566 shares as the company’s stock declined 14.36% with the market. The hedge fund held 628,278 shares of the natural gas distribution company at the end of 2017Q4, valued at $18.25 million, up from 48,712 at the end of the previous reported quarter. Hite Hedge Asset Management Llc who had been investing in Antero Midstream Partners Lp for a number of months, seems to be bullish on the $5.28 billion market cap company. The stock increased 1.00% or $0.28 during the last trading session, reaching $28.25. About 327,109 shares traded. Antero Midstream Partners LP (NYSE:AM) has declined 24.27% since May 18, 2017 and is downtrending. It has underperformed by 35.82% the S&P500.

Rothschild Asset Management Inc decreased its stake in Emcor Group Inc (EME) by 2.34% based on its latest 2017Q4 regulatory filing with the SEC. Rothschild Asset Management Inc sold 14,660 shares as the company’s stock declined 8.41% with the market. The institutional investor held 611,095 shares of the capital goods company at the end of 2017Q4, valued at $49.96M, down from 625,755 at the end of the previous reported quarter. Rothschild Asset Management Inc who had been investing in Emcor Group Inc for a number of months, seems to be less bullish one the $4.51B market cap company. The stock increased 0.22% or $0.17 during the last trading session, reaching $77.17. About 49,592 shares traded. EMCOR Group, Inc. (NYSE:EME) has risen 23.19% since May 18, 2017 and is uptrending. It has outperformed by 11.64% the S&P500.




Another recent and important EMCOR Group, Inc. (NYSE:EME) news was published by Globenewswire.com which published an article titled: “Research Report Identifies Cisco, Denbury Resources, EMCOR Group, Control4, Yext, and Liberty TripAdvisor with …” on May 15, 2018.

Analysts await EMCOR Group, Inc. (NYSE:EME) to report earnings on July, 26. They expect $1.00 EPS, up 5.26% or $0.05 from last year’s $0.95 per share. EME’s profit will be $58.46M for 19.29 P/E if the $1.00 EPS becomes a reality. After $0.94 actual EPS reported by EMCOR Group, Inc. for the previous quarter, Wall Street now forecasts 6.38% EPS growth.

Rothschild Asset Management Inc, which manages about $4.79 billion and $9.48 billion US Long portfolio, upped its stake in Visa Inc (NYSE:V) by 21,765 shares to 354,910 shares, valued at $40.47 million in 2017Q4, according to the filing. It also increased its holding in Universal Fst Prods Inc (NASDAQ:UFPI) by 212,766 shares in the quarter, for a total of 335,726 shares, and has risen its stake in Spx Corp (SPW).

Investors sentiment decreased to 1.14 in 2017 Q4. Its down 0.20, from 1.34 in 2017Q3. It worsened, as 14 investors sold EME shares while 109 reduced holdings. 47 funds opened positions while 93 raised stakes. 53.35 million shares or 1.19% less from 53.99 million shares in 2017Q3 were reported. Oregon Public Employees Retirement Fund has invested 0.02% in EMCOR Group, Inc. (NYSE:EME). Suntrust Banks Inc stated it has 0.01% in EMCOR Group, Inc. (NYSE:EME). Wright Invsts Service Inc has invested 0.08% in EMCOR Group, Inc. (NYSE:EME). Bowling Mngmt Ltd Liability holds 0.03% or 3,086 shares in its portfolio. Wellington Management Grp Inc Llp owns 71,367 shares or 0% of their US portfolio. Millennium Mngmt Ltd Limited Liability Company invested 0.04% in EMCOR Group, Inc. (NYSE:EME). Parallax Volatility Advisers Limited Partnership stated it has 0% of its portfolio in EMCOR Group, Inc. (NYSE:EME). Ls Lc invested 0.02% in EMCOR Group, Inc. (NYSE:EME). Gam Ag holds 11,926 shares. Nomura owns 0% invested in EMCOR Group, Inc. (NYSE:EME) for 4,286 shares. Tudor Inv Et Al has 6,399 shares for 0.01% of their portfolio. South Dakota Investment Council stated it has 11,900 shares or 0.02% of all its holdings. Stevens Limited Partnership reported 0.06% in EMCOR Group, Inc. (NYSE:EME). Amalgamated State Bank reported 8,597 shares. Natixis has invested 0% of its portfolio in EMCOR Group, Inc. (NYSE:EME).

Among 4 analysts covering EMCOR Group (NYSE:EME), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. EMCOR Group had 16 analyst reports since October 14, 2015 according to SRatingsIntel. The rating was reinitiated by Stifel Nicolaus with “Buy” on Tuesday, January 5. The stock of EMCOR Group, Inc. (NYSE:EME) earned “Buy” rating by Stifel Nicolaus on Tuesday, February 27. The stock of EMCOR Group, Inc. (NYSE:EME) has “Buy” rating given on Friday, October 28 by Stifel Nicolaus. On Wednesday, July 5 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm has “Hold” rating by KeyBanc Capital Markets given on Wednesday, November 15. The company was downgraded on Tuesday, July 19 by KeyBanc Capital Markets. Stifel Nicolaus maintained EMCOR Group, Inc. (NYSE:EME) on Monday, May 2 with “Buy” rating. The firm earned “Neutral” rating on Friday, January 13 by Macquarie Research. The stock of EMCOR Group, Inc. (NYSE:EME) earned “Hold” rating by KeyBanc Capital Markets on Thursday, October 5. The stock has “Buy” rating by Stifel Nicolaus on Tuesday, October 31.

Hite Hedge Asset Management Llc, which manages about $778.61M and $566.34M US Long portfolio, decreased its stake in Oasis Midstream Partners Lp by 112,325 shares to 292,005 shares, valued at $5.09M in 2017Q4, according to the filing. It also reduced its holding in Antero Midstream Gp Lp by 87,255 shares in the quarter, leaving it with 126,717 shares, and cut its stake in Energy Transfer Equity LP (NYSE:ETE).

EMCOR Group, Inc. (NYSE:EME) Institutional Positions Chart

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