Viking Fund Management Has Cut By $6.65 Million Its Kinder Morgan In (KMI) Position; Fidus Investment (FDUS) SI Increased By 35.86%

October 18, 2017 - By Adrian Erickson

Fidus Investment Corporation (NASDAQ:FDUS) had an increase of 35.86% in short interest. FDUS’s SI was 100,400 shares in October as released by FINRA. Its up 35.86% from 73,900 shares previously. With 70,200 avg volume, 1 days are for Fidus Investment Corporation (NASDAQ:FDUS)’s short sellers to cover FDUS’s short positions. The stock decreased 2.26% or $0.37 on October 17, reaching $15.98. About shares traded. Fidus Investment Corp (NASDAQ:FDUS) has risen 12.11% since October 18, 2016 and is uptrending. It has underperformed by 4.59% the S&P500.

Viking Fund Management Llc decreased Kinder Morgan In (KMI) stake by 40.7% reported in 2017Q2 SEC filing. Viking Fund Management Llc sold 350,000 shares as Kinder Morgan In (KMI)’s stock declined 10.34%. The Viking Fund Management Llc holds 510,000 shares with $9.77 million value, down from 860,000 last quarter. Kinder Morgan In now has $41.72 billion valuation. The stock decreased 0.64% or $0.12 during the last trading session, reaching $18.68. About shares traded. Kinder Morgan Inc (NYSE:KMI) has risen 13.09% since October 18, 2016 and is uptrending. It has underperformed by 3.61% the S&P500.

Investors sentiment decreased to 0.9 in 2017 Q2. Its down 0.10, from 1 in 2017Q1. It worsened, as 70 investors sold KMI shares while 349 reduced holdings. 75 funds opened positions while 303 raised stakes. 1.27 billion shares or 2.36% more from 1.24 billion shares in 2017Q1 were reported. Endurance Wealth Inc has invested 5.05% in Kinder Morgan Inc (NYSE:KMI). Balyasny Asset Limited Liability Com has invested 0% in Kinder Morgan Inc (NYSE:KMI). First Financial Corp In owns 6,646 shares. Blackrock reported 113.64 million shares or 0.12% of all its holdings. Callahan Advsr Ltd Liability accumulated 1.7% or 408,439 shares. Old Mutual Customised Solutions (Proprietary) Ltd has 0.22% invested in Kinder Morgan Inc (NYSE:KMI) for 78,458 shares. Private Advisor Grp Limited Liability holds 0.14% of its portfolio in Kinder Morgan Inc (NYSE:KMI) for 272,630 shares. Albert D Mason owns 41,805 shares. Swiss Bancorporation reported 0.17% of its portfolio in Kinder Morgan Inc (NYSE:KMI). Community Natl Bank Na has invested 0.01% of its portfolio in Kinder Morgan Inc (NYSE:KMI). Gamble Jones Invest Counsel invested in 25,327 shares. Invesco Ltd stated it has 2.31 million shares or 0.01% of all its holdings. Wells Fargo & Mn accumulated 9.11 million shares. 1.96 million were reported by State Of Wisconsin Inv Board. Credit Suisse Ag holds 6.16 million shares or 0.11% of its portfolio.

Among 21 analysts covering Kinder Morgan (NYSE:KMI), 12 have Buy rating, 0 Sell and 9 Hold. Therefore 57% are positive. Kinder Morgan had 63 analyst reports since July 30, 2015 according to SRatingsIntel. Bernstein initiated the stock with “Market Perform” rating in Wednesday, May 11 report. RBC Capital Markets maintained it with “Hold” rating and $22.0 target in Wednesday, October 11 report. Barclays Capital maintained Kinder Morgan Inc (NYSE:KMI) on Thursday, October 22 with “Overweight” rating. The stock of Kinder Morgan Inc (NYSE:KMI) earned “Buy” rating by Argus Research on Tuesday, November 10. Stifel Nicolaus maintained Kinder Morgan Inc (NYSE:KMI) on Thursday, July 13 with “Buy” rating. On Tuesday, July 19 the stock rating was maintained by Citigroup with “Neutral”. Raymond James upgraded the stock to “Strong Buy” rating in Monday, October 24 report. The rating was maintained by BMO Capital Markets with “Buy” on Thursday, October 12. The stock of Kinder Morgan Inc (NYSE:KMI) earned “Overweight” rating by Morgan Stanley on Thursday, August 18. The stock has “Buy” rating by Stifel Nicolaus on Thursday, August 17.

Viking Fund Management Llc increased Johnson&Johnson (NYSE:JNJ) stake by 8,000 shares to 41,000 valued at $5.42M in 2017Q2. It also upped People’s United (NASDAQ:PBCT) stake by 23,000 shares and now owns 175,000 shares. Ibm (NYSE:IBM) was raised too.

Fidus Investment Corporation is a closed-end, non-diversified investment company. The company has market cap of $391.20 million. The Firm provides customized debt and equity financing solutions to lower middle-market companies. It has a 8.27 P/E ratio. The Company’s investment objective is to provide attractive risk-adjusted returns by generating both current income from its debt investments and capital appreciation from its equity-related investments.

Among 5 analysts covering Fidus Investment (NASDAQ:FDUS), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Fidus Investment had 7 analyst reports since January 15, 2016 according to SRatingsIntel. The company was initiated on Tuesday, January 10 by Keefe Bruyette & Woods. The stock of Fidus Investment Corp (NASDAQ:FDUS) earned “Hold” rating by Keefe Bruyette & Woods on Sunday, July 23. Janney Capital initiated the stock with “Neutral” rating in Friday, January 15 report. The stock of Fidus Investment Corp (NASDAQ:FDUS) earned “Neutral” rating by Robert W. Baird on Monday, January 9. Keefe Bruyette & Woods maintained Fidus Investment Corp (NASDAQ:FDUS) on Wednesday, May 31 with “Hold” rating. Oppenheimer maintained the stock with “Buy” rating in Friday, August 4 report. The firm has “Buy” rating by DA Davidson given on Friday, September 23.

Investors sentiment increased to 2.21 in 2017 Q2. Its up 0.34, from 1.87 in 2017Q1. It is positive, as 2 investors sold Fidus Investment Corp shares while 12 reduced holdings. 12 funds opened positions while 19 raised stakes. 6.78 million shares or 17.45% more from 5.78 million shares in 2017Q1 were reported. Deutsche Bank Ag reported 2,400 shares or 0% of all its holdings. Sumitomo Mitsui Asset Management Ltd stated it has 0.07% of its portfolio in Fidus Investment Corp (NASDAQ:FDUS). Commonwealth Equity Serv invested 0% in Fidus Investment Corp (NASDAQ:FDUS). Opus Cap Group holds 0.74% of its portfolio in Fidus Investment Corp (NASDAQ:FDUS) for 223,845 shares. Carroll Financial Assocs Inc owns 5,960 shares. National Bank Of America Corporation De has invested 0% in Fidus Investment Corp (NASDAQ:FDUS). Mckinley Mgmt Ltd Liability Company Delaware owns 84,117 shares. Us National Bank De reported 8,200 shares. 107,000 were reported by Public Employees Retirement Of Ohio. Advsr Asset Management stated it has 0.12% of its portfolio in Fidus Investment Corp (NASDAQ:FDUS). Stifel holds 0% or 11,600 shares in its portfolio. Panagora Asset Management reported 0% of its portfolio in Fidus Investment Corp (NASDAQ:FDUS). 150 are owned by Howe Rusling Inc. Bb&T Limited Liability Corp reported 0.04% stake. West Family Invs Incorporated invested in 300,811 shares or 1.07% of the stock.

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