Pioneer Nat Res Co (PXD) Share Value Declined While Transamerica Financial Advisors Cut Holding by $1.73 Million; Transcanada (TRP) Shareholder Partners Group Holding Ag Has Cut Its Position by $13.36 Million

February 21, 2018 - By Clifton Ray

Transamerica Financial Advisors Inc decreased its stake in Pioneer Nat Res Co (PXD) by 99.71% based on its latest 2017Q3 regulatory filing with the SEC. Transamerica Financial Advisors Inc sold 10,726 shares as the company’s stock declined 8.01% while stock markets rallied. The institutional investor held 31 shares of the oil & gas production company at the end of 2017Q3, valued at $5,000, down from 10,757 at the end of the previous reported quarter. Transamerica Financial Advisors Inc who had been investing in Pioneer Nat Res Co for a number of months, seems to be less bullish one the $30.33 billion market cap company. The stock decreased 0.30% or $0.54 during the last trading session, reaching $178.25. About 979,992 shares traded. Pioneer Natural Resources Company (NYSE:PXD) has risen 8.46% since February 21, 2017 and is uptrending. It has underperformed by 8.24% the S&P500.

Partners Group Holding Ag decreased its stake in Transcanada Corp (TRP) by 31.47% based on its latest 2017Q3 regulatory filing with the SEC. Partners Group Holding Ag sold 272,600 shares as the company’s stock declined 2.34% while stock markets rallied. The institutional investor held 593,700 shares of the natural gas distribution company at the end of 2017Q3, valued at $29.23M, down from 866,300 at the end of the previous reported quarter. Partners Group Holding Ag who had been investing in Transcanada Corp for a number of months, seems to be less bullish one the $39.52B market cap company. The stock decreased 1.62% or $0.74 during the last trading session, reaching $45.01. About 1.65 million shares traded or 32.76% up from the average. TransCanada Corporation (NYSE:TRP) has risen 15.03% since February 21, 2017 and is uptrending. It has underperformed by 1.67% the S&P500.




Among 13 analysts covering TransCanada Corporation (NYSE:TRP), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. TransCanada Corporation had 24 analyst reports since August 4, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, September 1 by Bank of America. The rating was initiated by Credit Suisse with “Outperform” on Friday, April 8. The rating was maintained by RBC Capital Markets on Wednesday, November 4 with “Outperform”. The firm has “Buy” rating given on Thursday, March 31 by Citigroup. The company was initiated on Friday, October 23 by BMO Capital Markets. The firm earned “Overweight” rating on Tuesday, December 15 by JP Morgan. Goldman Sachs upgraded TransCanada Corporation (NYSE:TRP) on Friday, September 11 to “Neutral” rating. Scotia Capital maintained the stock with “Sector Perform” rating in Tuesday, August 4 report. The company was maintained on Friday, November 17 by Morgan Stanley. The stock of TransCanada Corporation (NYSE:TRP) earned “Buy” rating by Morgan Stanley on Thursday, January 11.

Analysts await TransCanada Corporation (NYSE:TRP) to report earnings on May, 4. They expect $0.75 EPS, up 22.95% or $0.14 from last year’s $0.61 per share. TRP’s profit will be $658.45M for 15.00 P/E if the $0.75 EPS becomes a reality. After $0.65 actual EPS reported by TransCanada Corporation for the previous quarter, Wall Street now forecasts 15.38% EPS growth.

Partners Group Holding Ag, which manages about $901.95M US Long portfolio, upped its stake in Canadian National Railway Co (NYSE:CNI) by 58,200 shares to 360,400 shares, valued at $29.75 million in 2017Q3, according to the filing. It also increased its holding in Apollo Global Management Llc (NYSE:APO) by 40,500 shares in the quarter, for a total of 572,568 shares, and has risen its stake in Union Pacific Corp (NYSE:UNP).

Since September 11, 2017, it had 0 insider purchases, and 5 insider sales for $941,910 activity. On Monday, December 18 Hopkins Frank E sold $320,000 worth of Pioneer Natural Resources Company (NYSE:PXD) or 2,000 shares. The insider DOVE TIMOTHY L sold 1,000 shares worth $159,505. $114,835 worth of Pioneer Natural Resources Company (NYSE:PXD) was sold by Fairbrook Teresa A. Grillot Larry R. sold $31,870 worth of stock.

Analysts await Pioneer Natural Resources Company (NYSE:PXD) to report earnings on May, 2. They expect $1.27 earnings per share, up 408.00% or $1.02 from last year’s $0.25 per share. PXD’s profit will be $216.11M for 35.09 P/E if the $1.27 EPS becomes a reality. After $1.22 actual earnings per share reported by Pioneer Natural Resources Company for the previous quarter, Wall Street now forecasts 4.10% EPS growth.

Among 40 analysts covering Pioneer Natural Resources (NYSE:PXD), 35 have Buy rating, 1 Sell and 4 Hold. Therefore 88% are positive. Pioneer Natural Resources had 150 analyst reports since July 21, 2015 according to SRatingsIntel. Barclays Capital maintained Pioneer Natural Resources Company (NYSE:PXD) rating on Tuesday, March 15. Barclays Capital has “Equal-Weight” rating and $129 target. Williams Capital Group maintained the shares of PXD in report on Friday, May 5 with “Hold” rating. The stock of Pioneer Natural Resources Company (NYSE:PXD) earned “Buy” rating by Mizuho on Tuesday, November 21. The firm has “Buy” rating by RBC Capital Markets given on Thursday, July 20. Barclays Capital maintained it with “Overweight” rating and $136 target in Friday, August 4 report. Susquehanna initiated the shares of PXD in report on Friday, October 30 with “Positive” rating. The firm earned “Hold” rating on Wednesday, November 4 by Societe Generale. The stock has “Hold” rating by SunTrust on Tuesday, February 6. The stock of Pioneer Natural Resources Company (NYSE:PXD) has “Buy” rating given on Tuesday, October 10 by BMO Capital Markets. The rating was maintained by RBC Capital Markets on Wednesday, January 6 with “Outperform”.

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