Icahn Enterprises LP (IEP) Holding Has Lifted by Icahn Carl C; As General Mtrs Co (GM) Stock Price Declined, Holder Stratos Wealth Partners LTD Decreased Its Position

February 20, 2018 - By Matt Maslow

Carl Icahn increased its stake in Icahn Enterprises Lp (IEP) by 2.82% based on its latest 2017Q3 regulatory filing with the SEC. Icahn Carl C bought 4.21M shares as the company’s stock declined 12.27% while stock markets rallied. The hedge fund run by Carl Icahn held 153.49 million shares of the integrated oil company at the end of 2017Q3, valued at $8.42B, up from 149.28 million at the end of the previous reported quarter. Icahn Carl C who had been investing in Icahn Enterprises Lp for a number of months, seems to be bullish on the $9.63B market cap company. The stock increased 0.42% or $0.24 during the last trading session, reaching $56.95. About 66,677 shares traded. Icahn Enterprises L.P. (NASDAQ:IEP) has declined 7.69% since February 20, 2017 and is downtrending. It has underperformed by 24.39% the S&P500.




Stratos Wealth Partners Ltd decreased its stake in General Mtrs Co (GM) by 41.57% based on its latest 2017Q3 regulatory filing with the SEC. Stratos Wealth Partners Ltd sold 27,463 shares as the company’s stock declined 12.09% while stock markets rallied. The institutional investor held 38,600 shares of the auto manufacturing company at the end of 2017Q3, valued at $1.56M, down from 66,063 at the end of the previous reported quarter. Stratos Wealth Partners Ltd who had been investing in General Mtrs Co for a number of months, seems to be less bullish one the $57.63B market cap company. The stock decreased 1.82% or $0.76 during the last trading session, reaching $41.09. About 14.87M shares traded or 10.81% up from the average. General Motors Company (NYSE:GM) has risen 7.92% since February 20, 2017 and is uptrending. It has underperformed by 8.78% the S&P500.

Among 2 analysts covering Icahn Enterprises LP (NASDAQ:IEP), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 50% are positive. Icahn Enterprises LP had 4 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Icahn Enterprises L.P. (NASDAQ:IEP) earned “Sell” rating by UBS on Wednesday, November 8. UBS downgraded Icahn Enterprises L.P. (NASDAQ:IEP) on Thursday, August 18 to “Sell” rating. The rating was maintained by Jefferies with “Buy” on Friday, November 3.

Investors sentiment decreased to 0.88 in 2017 Q3. Its down 0.79, from 1.67 in 2017Q2. It dived, as 12 investors sold IEP shares while 21 reduced holdings. 7 funds opened positions while 22 raised stakes. 164.45 million shares or 3.31% more from 159.18 million shares in 2017Q2 were reported. Icahn Carl C has invested 39.62% in Icahn Enterprises L.P. (NASDAQ:IEP). Bank Of Montreal Can holds 350 shares. Raymond James And owns 0.01% invested in Icahn Enterprises L.P. (NASDAQ:IEP) for 90,262 shares. Oppenheimer Communications holds 0.01% of its portfolio in Icahn Enterprises L.P. (NASDAQ:IEP) for 3,987 shares. Commonwealth Equity Service Incorporated, Massachusetts-based fund reported 12,492 shares. Envestnet Asset Mngmt reported 1,019 shares stake. Susquehanna Group Inc Ltd Liability Partnership holds 13,600 shares. Royal Natl Bank Of Canada holds 0% of its portfolio in Icahn Enterprises L.P. (NASDAQ:IEP) for 1,839 shares. Moreover, Advisory Svcs Net Llc has 0% invested in Icahn Enterprises L.P. (NASDAQ:IEP). Moody Comml Bank Tru Division holds 9,200 shares or 0.02% of its portfolio. Horizon Kinetics Limited Liability Corporation stated it has 4.19% of its portfolio in Icahn Enterprises L.P. (NASDAQ:IEP). Ipg Invest Advsr Ltd Liability Corp holds 3,830 shares. Allen Invest Mgmt Ltd owns 3,760 shares. Qci Asset Mngmt Inc New York holds 150 shares or 0% of its portfolio. Fifth Third Bancshares owns 1,395 shares or 0% of their US portfolio.

Investors sentiment decreased to 0.87 in 2017 Q3. Its down 0.15, from 1.02 in 2017Q2. It dropped, as 66 investors sold GM shares while 322 reduced holdings. 96 funds opened positions while 242 raised stakes. 1.01 billion shares or 1.95% less from 1.03 billion shares in 2017Q2 were reported. Gluskin Sheff Associates has 3.16% invested in General Motors Company (NYSE:GM). 32 are owned by Whitnell. Accredited Investors holds 11,126 shares. Meiji Yasuda Life Insur owns 39,540 shares for 0.24% of their portfolio. Madison Invest Incorporated has 444,125 shares for 0.32% of their portfolio. Rmb Management Ltd Liability Co, Illinois-based fund reported 15,052 shares. First Tru Advsr LP accumulated 0.09% or 834,144 shares. Eii Capital Management Incorporated holds 1.46% or 96,590 shares. Mitsubishi Ufj & invested 0.23% of its portfolio in General Motors Company (NYSE:GM). Royal Bank Of Canada stated it has 0.09% of its portfolio in General Motors Company (NYSE:GM). Sei Invests invested in 1.27 million shares. Maryland-based Chevy Chase Trust Holdings has invested 0.27% in General Motors Company (NYSE:GM). 69,050 are held by Pr Herzig &. Omers Administration has invested 0.05% in General Motors Company (NYSE:GM). Cubist Systematic Strategies Ltd Liability Corp has invested 0.02% in General Motors Company (NYSE:GM).

Among 29 analysts covering General Motors Company (NYSE:GM), 16 have Buy rating, 3 Sell and 10 Hold. Therefore 55% are positive. General Motors Company had 90 analyst reports since July 24, 2015 according to SRatingsIntel. The stock of General Motors Company (NYSE:GM) earned “Strong-Buy” rating by Tigress Financial on Friday, March 31. The rating was reinitiated by Morgan Stanley with “Underweight” on Monday, August 24. JP Morgan maintained General Motors Company (NYSE:GM) rating on Tuesday, April 19. JP Morgan has “Overweight” rating and $45 target. The firm has “Buy” rating by Seaport Global given on Tuesday, August 9. The firm earned “Buy” rating on Monday, February 12 by Citigroup. The firm has “Buy” rating by UBS given on Friday, July 24. Evercore maintained the stock with “In-Line” rating in Friday, March 31 report. The stock of General Motors Company (NYSE:GM) has “Neutral” rating given on Friday, July 24 by Credit Suisse. Bank of America upgraded the shares of GM in report on Tuesday, October 3 to “Buy” rating. The firm earned “Sector Perform” rating on Friday, July 24 by RBC Capital Markets.

Stratos Wealth Partners Ltd, which manages about $2.15 billion and $2.12 billion US Long portfolio, upped its stake in Wisdomtree Tr (DLN) by 3,813 shares to 290,292 shares, valued at $25.21 million in 2017Q3, according to the filing. It also increased its holding in Vanguard Index Fds (VNQ) by 113,059 shares in the quarter, for a total of 310,172 shares, and has risen its stake in Vanguard Index Fds (VTI).

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