Systematic Financial Management LP Continues to Hold Stake in Mueller Industries (MLI); Maryland Capital Management Increases Stake in A T & T (T)

May 2, 2018 - By Maria Brooks

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Systematic Financial Management Lp increased its stake in Mueller Industries Inc. (MLI) by 9.31% based on its latest 2017Q4 regulatory filing with the SEC. Systematic Financial Management Lp bought 35,540 shares as the company’s stock declined 27.92% with the market. The institutional investor held 417,192 shares of the capital goods company at the end of 2017Q4, valued at $14.78 million, up from 381,652 at the end of the previous reported quarter. Systematic Financial Management Lp who had been investing in Mueller Industries Inc. for a number of months, seems to be bullish on the $1.59B market cap company. The stock increased 1.95% or $0.53 during the last trading session, reaching $27.67. About 44,097 shares traded. Mueller Industries, Inc. (NYSE:MLI) has declined 21.94% since May 2, 2017 and is downtrending. It has underperformed by 33.49% the S&P500.




Maryland Capital Management increased its stake in A T & T Inc (T) by 6.49% based on its latest 2017Q4 regulatory filing with the SEC. Maryland Capital Management bought 12,547 shares as the company’s stock declined 10.37% with the market. The institutional investor held 205,742 shares of the telecommunications equipment company at the end of 2017Q4, valued at $8.00 million, up from 193,195 at the end of the previous reported quarter. Maryland Capital Management who had been investing in A T & T Inc for a number of months, seems to be bullish on the $198.49B market cap company. The stock decreased 0.78% or $0.254 during the last trading session, reaching $32.286. About 13.95 million shares traded. AT&T Inc. (NYSE:T) has declined 15.88% since May 2, 2017 and is downtrending. It has underperformed by 27.43% the S&P500.

Since February 14, 2018, it had 2 buys, and 0 selling transactions for $377,195 activity. Shares for $350,245 were bought by GLADSTEIN GARY S.

Investors sentiment increased to 1.55 in 2017 Q4. Its up 0.49, from 1.06 in 2017Q3. It is positive, as 9 investors sold MLI shares while 44 reduced holdings. 26 funds opened positions while 56 raised stakes. 52.32 million shares or 0.76% more from 51.92 million shares in 2017Q3 were reported. Zebra Cap Mngmt Ltd Limited Liability Company has invested 0.4% in Mueller Industries, Inc. (NYSE:MLI). Ingalls Snyder Limited Co stated it has 0.01% of its portfolio in Mueller Industries, Inc. (NYSE:MLI). Us National Bank De stated it has 548 shares or 0% of all its holdings. Oppenheimer And has 8,000 shares. Mufg Americas reported 741 shares. Stevens Cap Mgmt LP accumulated 8,610 shares or 0.01% of the stock. Profund Ltd Liability Corp has invested 0.01% in Mueller Industries, Inc. (NYSE:MLI). Ubs Asset Mgmt Americas Inc reported 0% in Mueller Industries, Inc. (NYSE:MLI). Eqis Management Incorporated holds 10,785 shares. Koch reported 0.03% of its portfolio in Mueller Industries, Inc. (NYSE:MLI). Eulav Asset Mgmt has 23,000 shares for 0.04% of their portfolio. Deutsche National Bank & Trust Ag accumulated 0.01% or 235,673 shares. Gabelli Funds Ltd Llc has 2.09 million shares for 0.43% of their portfolio. Duncker Streett holds 3,000 shares or 0.03% of its portfolio. Ny State Common Retirement Fund reported 67,650 shares.

Systematic Financial Management Lp, which manages about $14.04 billion and $5.00 billion US Long portfolio, decreased its stake in Cathay General Bancorp (NASDAQ:CATY) by 16,825 shares to 58,025 shares, valued at $2.45 million in 2017Q4, according to the filing. It also reduced its holding in La (NYSE:LZB) by 22,103 shares in the quarter, leaving it with 313,216 shares, and cut its stake in Csg Systems International Inc. (NASDAQ:CSGS).

Among 33 analysts covering AT&T Inc. (NYSE:T), 13 have Buy rating, 1 Sell and 19 Hold. Therefore 39% are positive. AT&T Inc. had 82 analyst reports since July 27, 2015 according to SRatingsIntel. Independent Research upgraded AT&T Inc. (NYSE:T) on Tuesday, October 25 to “Hold” rating. The stock of AT&T Inc. (NYSE:T) has “Hold” rating given on Monday, August 28 by RBC Capital Markets. On Saturday, September 5 the stock rating was maintained by Oppenheimer with “Outperform”. The company was maintained on Thursday, February 1 by SunTrust. UBS maintained it with “Neutral” rating and $37 target in Thursday, April 26 report. The stock of AT&T Inc. (NYSE:T) has “Sector Weight” rating given on Tuesday, January 2 by KeyBanc Capital Markets. On Monday, December 12 the stock rating was upgraded by Robert W. Baird to “Outperform”. Macquarie Research maintained the stock with “Buy” rating in Tuesday, September 1 report. The stock of AT&T Inc. (NYSE:T) has “Equal-Weight” rating given on Friday, April 13 by Barclays Capital. The firm earned “Hold” rating on Tuesday, July 18 by Cowen & Co.

Investors sentiment decreased to 0.91 in Q4 2017. Its down 0.26, from 1.17 in 2017Q3. It fall, as 67 investors sold T shares while 714 reduced holdings. 125 funds opened positions while 589 raised stakes. 3.09 billion shares or 7.58% less from 3.34 billion shares in 2017Q3 were reported. Hartford Finance invested in 0.92% or 48,434 shares. Mason Street Limited Liability Corp has invested 0.77% in AT&T Inc. (NYSE:T). Main Street Lc accumulated 28,446 shares. Jpmorgan Chase & has invested 0.23% in AT&T Inc. (NYSE:T). Moreover, Burney has 0.51% invested in AT&T Inc. (NYSE:T) for 230,470 shares. Biondo Advisors Lc owns 90,004 shares. American Economic Planning Group Adv reported 0.13% of its portfolio in AT&T Inc. (NYSE:T). Virginia Retirement Et Al owns 1.54 million shares for 0.71% of their portfolio. One Cap Ltd Liability Co has 0.48% invested in AT&T Inc. (NYSE:T). Mondrian Invest Partners holds 855,031 shares or 0.81% of its portfolio. Salem Management accumulated 69,732 shares. Willis Inv Counsel holds 1.31% or 478,639 shares in its portfolio. Meridian Invest Counsel stated it has 85,894 shares. Northeast Investment holds 29,559 shares or 0.1% of its portfolio. Miller Howard Invs Incorporated New York holds 0.17% or 197,417 shares.

Maryland Capital Management, which manages about $795.96 million and $675.52M US Long portfolio, decreased its stake in Concho Resources Inc (NYSE:CXO) by 8,535 shares to 98,219 shares, valued at $14.76M in 2017Q4, according to the filing. It also reduced its holding in Chevron Corp Com (NYSE:CVX) by 3,832 shares in the quarter, leaving it with 37,831 shares, and cut its stake in Arthur J Gallagher&C (NYSE:AJG).

Mueller Industries, Inc. (NYSE:MLI) Institutional Positions Chart

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