Spo Advisory Maintains Stake in Equinix (EQIX); As Kinder Morgan Del (KMI) Valuation Declined, Fpr Partners Boosted Holding

June 17, 2018 - By Adrian Mccoy

Equinix, Inc. (NASDAQ:REIT) Logo

John H. Scully increased its stake in Equinix Inc (EQIX) by 95.1% based on its latest 2018Q1 regulatory filing with the SEC. Spo Advisory Corp bought 564,700 shares as the company’s stock declined 1.56% with the market. The hedge fund run by John H. Scully held 1.16M shares of the consumer services company at the end of 2018Q1, valued at $484.40M, up from 593,773 at the end of the previous reported quarter. Spo Advisory Corp who had been investing in Equinix Inc for a number of months, seems to be bullish on the $31.69B market cap company. The stock increased 0.51% or $2.02 during the last trading session, reaching $398.76. About 568,151 shares traded or 1.48% up from the average. Equinix, Inc. (NASDAQ:EQIX) has declined 12.79% since June 17, 2017 and is downtrending. It has underperformed by 25.36% the S&P500.




Bob Peck increased its stake in Kinder Morgan Inc Del (KMI) by 12.73% based on its latest 2018Q1 regulatory filing with the SEC. Fpr Partners Llc bought 3.11 million shares as the company’s stock declined 6.09% with the market. The hedge fund run by Bob Peck held 27.54 million shares of the public utilities company at the end of 2018Q1, valued at $414.73 million, up from 24.43M at the end of the previous reported quarter. Fpr Partners Llc who had been investing in Kinder Morgan Inc Del for a number of months, seems to be bullish on the $37.00B market cap company. The stock decreased 1.06% or $0.18 during the last trading session, reaching $16.77. About 15.49M shares traded. Kinder Morgan, Inc. (NYSE:KMI) has declined 18.18% since June 17, 2017 and is downtrending. It has underperformed by 30.75% the S&P500. Some Historical KMI News: 10/04/2018 – KMI/@NEBCanada: #TransMountain has received approvals to work at Westridge and #Burnaby Terminals which continues. – ! $KMI; 10/04/2018 – KINDER MORGAN PIPELINE ISSUE SHOULD BE SETTLED IN COURTS:HORGAN; 22/05/2018 – ATTORNEY GENERAL OF BRITISH COLUMBIA SAYS FILED A STATEMENT OF CLAIM IN ALBERTA’S COURT OF QUEEN’S BENCH; 29/05/2018 – Kinder Morgan Will Work With Canada to Seek Third Party Buyer for Pipeline System Through July 22; 29/05/2018 – Toronto Sun: BREAKING: Federal Liberal government spending $4.5 billion to buy Trans Mountain pipeline and all of Kinder Morgan; 29/05/2018 – CANADIAN GOVT SAYS TRANSACTION IS EXPECTED TO CLOSE IN AUG 2018; 29/05/2018 – MOODY’S: KINDER MORGAN’S SALE OF TRANS MOUNTAIN PIPELINE; 26/04/2018 – ZEVIN ASSET MANAGEMENT SAYS SEEKS KINDER MORGAN SHAREHOLDERS SUPPORT FOR PROPOSAL NO. 7 ON THE 2018 PROXY BALLOT OF KINDER MORGAN INC; 08/04/2018 – KINDER MORGAN CANADA KML.TO SAYS SUSPENDING ALL NON-ESSENTIAL ACTIVITIES AND RELATED SPENDING ON TRANS MOUNTAIN EXPANSION PROJECT; 20/04/2018 – Katie Simpson: Via @CochraneCBC if Kinder Morgan walks away from the Trans Mountain project, sources say other companies may be

More notable recent Kinder Morgan, Inc. (NYSE:KMI) news were published by: Fool.com which released: “How Kinder Morgan Inc Could Spend Its Cash Hoard” on June 02, 2018, also Fool.com with their article: “Kinder Morgan Inc. Still Has Plenty of Growth Left in the Tank” published on June 04, 2018, Fool.com published: “Better Buy: Enbridge Inc vs. Kinder Morgan, Inc.” on June 08, 2018. More interesting news about Kinder Morgan, Inc. (NYSE:KMI) were released by: Seekingalpha.com and their article: “Kinder Morgan Drops A Shocking Bombshell: 5 Things Investors Need To Know” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “Kinder Morgan Starts Over” with publication date: May 30, 2018.

Among 25 analysts covering Kinder Morgan (NYSE:KMI), 17 have Buy rating, 0 Sell and 8 Hold. Therefore 68% are positive. Kinder Morgan had 86 analyst reports since July 30, 2015 according to SRatingsIntel. BMO Capital Markets maintained it with “Buy” rating and $2600 target in Tuesday, June 20 report. The stock has “Buy” rating by Tudor Pickering on Friday, August 14. The firm earned “Hold” rating on Thursday, July 20 by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Hold” on Thursday, January 18. The firm earned “Neutral” rating on Tuesday, July 19 by Citigroup. The stock of Kinder Morgan, Inc. (NYSE:KMI) earned “Buy” rating by Goldman Sachs on Sunday, August 16. The firm earned “Outperform” rating on Thursday, January 28 by Credit Suisse. The company was upgraded on Monday, October 24 by Raymond James. The firm has “Hold” rating given on Thursday, October 22 by Stifel Nicolaus. The firm has “Outperform” rating by Wolfe Research given on Thursday, October 20.

Fpr Partners Llc, which manages about $3.41 billion and $4.31B US Long portfolio, decreased its stake in Liberty Interactive Corp (NASDAQ:QVCA) by 361,003 shares to 9.66M shares, valued at $243.10M in 2018Q1, according to the filing. It also reduced its holding in Liberty Broadband Corp by 128,633 shares in the quarter, leaving it with 1.16M shares, and cut its stake in Antero Res Corp (NYSE:AR).

Investors sentiment increased to 0.99 in 2018 Q1. Its up 0.29, from 0.7 in 2017Q4. It is positive, as 74 investors sold KMI shares while 305 reduced holdings. 108 funds opened positions while 266 raised stakes. 1.31 billion shares or 0.24% less from 1.31 billion shares in 2017Q4 were reported. 36,000 were accumulated by Supplemental Annuity Collective Trust Of Nj. Country Club Trust Na owns 36,999 shares for 0.07% of their portfolio. Group Ag, a Switzerland-based fund reported 1.18M shares. Beach Inv Lc has 36,530 shares for 0.89% of their portfolio. Mariner Wealth invested in 46,900 shares or 0.04% of the stock. First Citizens Fincl Bank invested 0.13% in Kinder Morgan, Inc. (NYSE:KMI). Estabrook Capital Mgmt reported 3,847 shares. First Mercantile has 75,803 shares. Prudential Financial owns 2.24M shares for 0.05% of their portfolio. Catawba Capital Management Va invested in 0.18% or 50,083 shares. Fifth Third Fincl Bank holds 37,849 shares. Richard Bernstein Ltd Liability Company stated it has 80,082 shares. Moneta Grp Invest Advsrs Limited Liability Company invested in 0.01% or 7,224 shares. Cornerstone owns 0.01% invested in Kinder Morgan, Inc. (NYSE:KMI) for 548 shares. Teacher Retirement Sys Of Texas holds 0.05% or 445,175 shares in its portfolio.

Among 24 analysts covering Equinix (NASDAQ:EQIX), 23 have Buy rating, 0 Sell and 1 Hold. Therefore 96% are positive. Equinix had 72 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has “Buy” rating by Credit Suisse on Friday, June 30. SunTrust initiated the stock with “Buy” rating in Tuesday, November 24 report. The stock of Equinix, Inc. (NASDAQ:REIT) has “Buy” rating given on Thursday, May 3 by Oppenheimer. The stock of Equinix, Inc. (NASDAQ:REIT) has “Buy” rating given on Thursday, February 15 by Guggenheim. Credit Suisse maintained the shares of EQIX in report on Wednesday, January 17 with “Buy” rating. The firm earned “Buy” rating on Thursday, May 31 by Credit Suisse. Canaccord Genuity maintained Equinix, Inc. (NASDAQ:REIT) rating on Friday, August 12. Canaccord Genuity has “Buy” rating and $420 target. As per Thursday, November 2, the company rating was maintained by Nomura. The firm has “Buy” rating by Wells Fargo given on Thursday, February 15. JP Morgan upgraded the shares of EQIX in report on Thursday, November 2 to “Overweight” rating.

Spo Advisory Corp, which manages about $4.86 billion US Long portfolio, decreased its stake in Lpl Finl Hldgs Inc (NASDAQ:LPLA) by 518,700 shares to 6.44 million shares, valued at $393.46M in 2018Q1, according to the filing. It also reduced its holding in Pioneer Nat Res Co (NYSE:PXD) by 2.96M shares in the quarter, leaving it with 238,946 shares, and cut its stake in Schwab Charles Corp New (NYSE:SCHW).

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

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