Senator Investment Group LP Has Upped Its Comcast New (CMCSA) Position by $45.07 Million; As Kinder Morgan Del (KMI) Market Valuation Declined, Holder Summit Securities Group Lowered Its Holding

April 23, 2018 - By Adrian Erickson

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Doug Silverman increased its stake in Comcast Corp New (CMCSA) by 47.47% based on its latest 2017Q4 regulatory filing with the SEC. Senator Investment Group Lp bought 1.13M shares as the company’s stock declined 19.10% with the market. The hedge fund run by Doug Silverman held 3.50 million shares of the television services company at the end of 2017Q4, valued at $140.18M, up from 2.37 million at the end of the previous reported quarter. Senator Investment Group Lp who had been investing in Comcast Corp New for a number of months, seems to be bullish on the $156.31B market cap company. The stock increased 1.34% or $0.445 during the last trading session, reaching $33.655. About 4.97M shares traded. Comcast Corporation (NASDAQ:CMCSA) has declined 11.10% since April 23, 2017 and is downtrending. It has underperformed by 22.65% the S&P500.

Summit Securities Group Llc decreased its stake in Kinder Morgan Inc Del (KMI) by 41.27% based on its latest 2017Q4 regulatory filing with the SEC. Summit Securities Group Llc sold 20,100 shares as the company’s stock declined 16.40% with the market. The institutional investor held 28,600 shares of the public utilities company at the end of 2017Q4, valued at $517,000, down from 48,700 at the end of the previous reported quarter. Summit Securities Group Llc who had been investing in Kinder Morgan Inc Del for a number of months, seems to be less bullish one the $36.31B market cap company. The stock decreased 0.08% or $0.0133 during the last trading session, reaching $16.4567. About 3.14 million shares traded. Kinder Morgan, Inc. (NYSE:KMI) has declined 28.25% since April 23, 2017 and is downtrending. It has underperformed by 39.80% the S&P500.

Summit Securities Group Llc, which manages about $840.93M US Long portfolio, upped its stake in Mcdonalds Corp (NYSE:MCD) by 17,284 shares to 17,300 shares, valued at $2.98 million in 2017Q4, according to the filing. It also increased its holding in British Amern Tob Plc (NYSEMKT:BTI) by 28,288 shares in the quarter, for a total of 38,225 shares, and has risen its stake in Altria Group Inc (NYSE:MO).

Among 25 analysts covering Kinder Morgan (NYSE:KMI), 17 have Buy rating, 0 Sell and 8 Hold. Therefore 68% are positive. Kinder Morgan had 84 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was maintained by JP Morgan on Monday, February 12 with “Overweight”. Argus Research upgraded the shares of KMI in report on Monday, January 29 to “Buy” rating. On Wednesday, May 31 the stock rating was maintained by Raymond James with “Buy”. On Tuesday, October 17 the stock rating was maintained by Citigroup with “Neutral”. Jefferies maintained the shares of KMI in report on Thursday, June 22 with “Hold” rating. As per Friday, November 17, the company rating was maintained by Morgan Stanley. The firm has “Hold” rating by RBC Capital Markets given on Thursday, July 20. The firm has “Buy” rating by BMO Capital Markets given on Monday, September 11. The company was maintained on Friday, March 2 by UBS. The firm has “Overweight” rating by Barclays Capital given on Thursday, October 22.

Investors sentiment decreased to 0.7 in 2017 Q4. Its down 0.07, from 0.77 in 2017Q3. It worsened, 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. Moreover, Smithfield Trust Co has 0% invested in Kinder Morgan, Inc. (NYSE:KMI). Calamos Advisors Ltd Liability invested in 0.02% or 230,450 shares. Cleararc Capital holds 0.12% or 48,880 shares. 2,951 were accumulated by Nelson Van Denburg & Campbell Wealth Management Gru Ltd Liability. Regions Corporation accumulated 59,925 shares. Group Holdings Ag holds 4.51% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI) for 2.11 million shares. The Texas-based Kempner Management Incorporated has invested 0.42% in Kinder Morgan, Inc. (NYSE:KMI). Brinker Incorporated invested 0.04% in Kinder Morgan, Inc. (NYSE:KMI). Franklin holds 0.36% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI) for 41.61M shares. Lazard Asset Management Limited Liability Corporation accumulated 0.01% or 337,264 shares. Brown Brothers Harriman & holds 0% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI) for 12,004 shares. Creative Planning stated it has 219,912 shares or 0.02% of all its holdings. Salem Investment Counselors Inc holds 10,755 shares or 0.02% of its portfolio. 18,813 were accumulated by Oak Ridge Lc. The New York-based Sg Americas Secs Ltd Liability Corporation has invested 0.12% in Kinder Morgan, Inc. (NYSE:KMI).

Senator Investment Group Lp, which manages about $11.90 billion and $9.34 billion US Long portfolio, decreased its stake in Liberty Broadband Corp by 63,000 shares to 908,820 shares, valued at $77.40M in 2017Q4, according to the filing. It also reduced its holding in Constellation Brands Inc (NYSE:STZ) by 350,000 shares in the quarter, leaving it with 1.40M shares, and cut its stake in Forest City Rlty Tr Inc.

Since December 14, 2017, it had 0 insider buys, and 11 sales for $62.58 million activity. BLOCK ARTHUR R sold 6,700 shares worth $233,430. BURKE STEPHEN B also sold $8.11 million worth of Comcast Corporation (NASDAQ:CMCSA) on Friday, January 26. On Tuesday, March 6 WATSON DAVID N sold $4.84M worth of Comcast Corporation (NASDAQ:CMCSA) or 131,447 shares. The insider ROBERTS BRIAN L sold $25.24 million.

Investors sentiment decreased to 0.93 in Q4 2017. Its down 0.10, from 1.03 in 2017Q3. It worsened, as 75 investors sold CMCSA shares while 544 reduced holdings. 122 funds opened positions while 455 raised stakes. 3.66 billion shares or 0.28% more from 3.65 billion shares in 2017Q3 were reported. Apg Asset Management Nv has 11.10 million shares for 0.68% of their portfolio. Blair William & Communications Il owns 457,700 shares or 0.12% of their US portfolio. Thrivent Fin For Lutherans has invested 1.33% in Comcast Corporation (NASDAQ:CMCSA). Fincl Bank Of Hawaii has 42,456 shares for 0.14% of their portfolio. Advantus Capital Mgmt Incorporated reported 0.47% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). 877,616 are held by Johnson Counsel. Karpas Strategies stated it has 120,183 shares or 2.06% of all its holdings. Van Hulzen Asset Mngmt Ltd Liability Co owns 97,413 shares or 1.19% of their US portfolio. Private Wealth Prtnrs Ltd Liability Company reported 15,850 shares. Mawer Limited invested 1.61% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Moreover, Loomis Sayles LP has 0.16% invested in Comcast Corporation (NASDAQ:CMCSA) for 1.94 million shares. Franklin Street Advsrs Nc reported 0.09% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Gvo Asset Limited has 7.93% invested in Comcast Corporation (NASDAQ:CMCSA) for 858,943 shares. Cohen Capital Management reported 23,622 shares. Wealthcare Cap Mngmt Lc holds 1,334 shares or 0.01% of its portfolio.

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

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