Affinity Investment Advisors Stake in Delta Airlines (DAL) Has Cut by $1.22 Million as Market Valuation Declined; Plains All Amern Pipeline L (PAA) Market Value Declined While Hawkins Capital LP Lowered Its Stake by $4.01 Million

January 13, 2018 - By Peter Kolinski

Russell Hawkins decreased its stake in Plains All Amern Pipeline L (PAA) by 91.09% based on its latest 2017Q3 regulatory filing with the SEC. Hawkins Capital Lp sold 191,100 shares as the company’s stock declined 10.37% while stock markets rallied. The hedge fund run by Russell Hawkins held 18,700 shares of the energy company at the end of 2017Q3, valued at $396,000, down from 209,800 at the end of the previous reported quarter. Hawkins Capital Lp who had been investing in Plains All Amern Pipeline L for a number of months, seems to be less bullish one the $17.38 billion market cap company. The stock increased 1.61% or $0.38 during the last trading session, reaching $23.96. About 5.12M shares traded or 49.66% up from the average. Plains All American Pipeline, L.P. (NYSE:PAA) has risen 11.50% since January 13, 2017 and is uptrending. It has underperformed by 5.20% the S&P500.

Affinity Investment Advisors Llc decreased its stake in Delta Airlines (DAL) by 8.77% based on its latest 2017Q3 regulatory filing with the SEC. Affinity Investment Advisors Llc sold 25,418 shares as the company’s stock declined 5.91% while stock markets rallied. The institutional investor held 264,355 shares of the transportation company at the end of 2017Q3, valued at $12.75M, down from 289,773 at the end of the previous reported quarter. Affinity Investment Advisors Llc who had been investing in Delta Airlines for a number of months, seems to be less bullish one the $42.49B market cap company. The stock increased 2.24% or $1.31 during the last trading session, reaching $59.83. About 12.27M shares traded or 75.58% up from the average. Delta Air Lines, Inc. (NYSE:DAL) has risen 11.83% since January 13, 2017 and is uptrending. It has underperformed by 4.87% the S&P500.

Investors sentiment decreased to 0.63 in Q3 2017. Its down 0.42, from 1.05 in 2017Q2. It worsened, as 62 investors sold PAA shares while 124 reduced holdings. 35 funds opened positions while 82 raised stakes. 303.49 million shares or 3.28% more from 293.86 million shares in 2017Q2 were reported. Sun Life Inc has 3,200 shares. Baldwin Brothers Incorporated Ma owns 35,609 shares for 0.12% of their portfolio. Colorado-based Advsrs Asset has invested 0% in Plains All American Pipeline, L.P. (NYSE:PAA). Rothschild Corporation Il accumulated 0.21% or 86,075 shares. Gsa Cap Limited Liability Partnership owns 16,141 shares. Perigon Wealth Management Ltd invested 0.01% of its portfolio in Plains All American Pipeline, L.P. (NYSE:PAA). 11,661 were reported by Mai Mgmt. 120,370 were accumulated by Stephens Ar. Moreover, Fmr Ltd has 0% invested in Plains All American Pipeline, L.P. (NYSE:PAA). Cetera Advisor Netwr Lc reported 14,864 shares stake. Pinnacle Ltd Limited Liability Company, a Oklahoma-based fund reported 11,869 shares. Williams Jones Associate Limited Liability owns 16,977 shares. Grand Jean Mngmt reported 9,800 shares. Advisory Net Ltd Liability Corp reported 0.01% of its portfolio in Plains All American Pipeline, L.P. (NYSE:PAA). Moors & Cabot holds 0.12% of its portfolio in Plains All American Pipeline, L.P. (NYSE:PAA) for 39,691 shares.

Analysts await Plains All American Pipeline, L.P. (NYSE:PAA) to report earnings on February, 6. They expect $0.43 earnings per share, up 207.14% or $0.29 from last year’s $0.14 per share. PAA’s profit will be $311.84 million for 13.93 P/E if the $0.43 EPS becomes a reality. After $0.21 actual earnings per share reported by Plains All American Pipeline, L.P. for the previous quarter, Wall Street now forecasts 104.76% EPS growth.

Among 30 analysts covering Plains All American Pipeline LP (NYSE:PAA), 11 have Buy rating, 1 Sell and 18 Hold. Therefore 37% are positive. Plains All American Pipeline LP had 97 analyst reports since August 6, 2015 according to SRatingsIntel. Robert W. Baird downgraded the stock to “Neutral” rating in Tuesday, August 8 report. SunTrust initiated the stock with “Neutral” rating in Wednesday, June 15 report. As per Thursday, April 28, the company rating was maintained by RBC Capital Markets. The stock has “Buy” rating by Stifel Nicolaus on Thursday, August 6. The firm earned “Equal-Weight” rating on Thursday, May 26 by Morgan Stanley. The stock of Plains All American Pipeline, L.P. (NYSE:PAA) has “Outperform” rating given on Monday, November 16 by RBC Capital Markets. Robert W. Baird upgraded Plains All American Pipeline, L.P. (NYSE:PAA) on Tuesday, January 31 to “Outperform” rating. Oppenheimer maintained Plains All American Pipeline, L.P. (NYSE:PAA) on Thursday, November 5 with “Outperform” rating. Jefferies upgraded the shares of PAA in report on Monday, August 21 to “Buy” rating. The company was maintained on Thursday, August 6 by Oppenheimer.

Affinity Investment Advisors Llc, which manages about $1.01 billion and $862.68M US Long portfolio, upped its stake in Unitedhealth Group Inc (NYSE:UNH) by 2,806 shares to 67,441 shares, valued at $13.21M in 2017Q3, according to the filing. It also increased its holding in United Rentals Inc Com (NYSE:URI) by 52,480 shares in the quarter, for a total of 114,777 shares, and has risen its stake in Ingredion Inc Com (NYSE:INGR).

Among 20 analysts covering Delta Air Lines (NYSE:DAL), 20 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Delta Air Lines had 68 analyst reports since August 3, 2015 according to SRatingsIntel. As per Monday, August 3, the company rating was maintained by UBS. Cowen & Co maintained Delta Air Lines, Inc. (NYSE:DAL) rating on Friday, December 15. Cowen & Co has “Buy” rating and $66.0 target. Stephens maintained Delta Air Lines, Inc. (NYSE:DAL) on Monday, December 18 with “Buy” rating. The stock of Delta Air Lines, Inc. (NYSE:DAL) earned “Buy” rating by Stifel Nicolaus on Sunday, August 20. The firm has “Buy” rating by Deutsche Bank given on Friday, July 14. Imperial Capital maintained the stock with “In-Line” rating in Tuesday, November 22 report. On Friday, September 22 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm has “Outperform” rating given on Monday, February 6 by Bernstein. The stock of Delta Air Lines, Inc. (NYSE:DAL) has “Buy” rating given on Monday, January 8 by Stephens. The rating was maintained by Deutsche Bank on Monday, October 5 with “Buy”.

Investors sentiment increased to 1.15 in Q3 2017. Its up 0.17, from 0.98 in 2017Q2. It is positive, as 69 investors sold DAL shares while 247 reduced holdings. 92 funds opened positions while 271 raised stakes. 589.14 million shares or 3.18% less from 608.49 million shares in 2017Q2 were reported. Fincl has 64 shares for 0% of their portfolio. Ipg Investment Advsrs Ltd Limited Liability Company owns 0.11% invested in Delta Air Lines, Inc. (NYSE:DAL) for 6,500 shares. Invesco invested 0.04% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL). Ssi Investment Mgmt Inc has 0.03% invested in Delta Air Lines, Inc. (NYSE:DAL) for 6,604 shares. Cahill Financial Advisors has invested 0.47% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL). Jfs Wealth Advsr Limited Liability Co, a Pennsylvania-based fund reported 65 shares. Mirador Capital Ptnrs Lp invested in 1% or 35,309 shares. Fdx Advsr Inc holds 0.03% in Delta Air Lines, Inc. (NYSE:DAL) or 19,080 shares. Hodges Management Inc has 0.35% invested in Delta Air Lines, Inc. (NYSE:DAL). 274,739 were reported by Great West Life Assurance Can. Kings Point Capital Mngmt owns 600 shares or 0.01% of their US portfolio. Riverhead Management Ltd Llc holds 85,952 shares or 0.19% of its portfolio. Robeco Institutional Asset Mngmt Bv has 0.11% invested in Delta Air Lines, Inc. (NYSE:DAL). Coldstream Mngmt owns 5,745 shares. Coe Cap Mngmt Limited Com holds 36,350 shares.

Since October 12, 2017, it had 0 insider buys, and 8 insider sales for $19.55 million activity. $8.45 million worth of Delta Air Lines, Inc. (NYSE:DAL) was sold by Bastian Edward H on Thursday, October 12. Jacobson Paul A sold $2.40M worth of Delta Air Lines, Inc. (NYSE:DAL) on Friday, December 15. Smith Joanne D sold 33,863 shares worth $1.82 million. Another trade for 31,600 shares valued at $1.76 million was sold by HAUENSTEIN GLEN W.

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