Tealwood Asset Management Cut Its Position in Brookfield Infrast Partners (BIP) as Stock Price Rose; As Kennedy (KW) Market Valuation Declined, Financial & Investment Management Group LTD Has Raised by $1.06 Million Its Stake

January 14, 2018 - By whatsonthorold

Financial & Investment Management Group Ltd increased its stake in Kennedy (KW) by 12.49% based on its latest 2017Q3 regulatory filing with the SEC. Financial & Investment Management Group Ltd bought 59,023 shares as the company’s stock declined 3.99% while stock markets rallied. The institutional investor held 531,414 shares of the real estate company at the end of 2017Q3, valued at $9.86M, up from 472,391 at the end of the previous reported quarter. Financial & Investment Management Group Ltd who had been investing in Kennedy for a number of months, seems to be bullish on the $2.67 billion market cap company. The stock decreased 0.56% or $0.1 during the last trading session, reaching $17.65. About 1.04 million shares traded. Kennedy-Wilson Holdings, Inc. (NYSE:KW) has risen 1.79% since January 14, 2017 and is uptrending. It has underperformed by 14.91% the S&P500.

Tealwood Asset Management Inc decreased its stake in Brookfield Infrast Partners (BIP) by 43.31% based on its latest 2017Q3 regulatory filing with the SEC. Tealwood Asset Management Inc sold 63,800 shares as the company’s stock rose 9.21% with the market. The institutional investor held 83,524 shares of the marine transportation company at the end of 2017Q3, valued at $3.60 million, down from 147,324 at the end of the previous reported quarter. Tealwood Asset Management Inc who had been investing in Brookfield Infrast Partners for a number of months, seems to be less bullish one the $17.20B market cap company. The stock increased 1.06% or $0.46 during the last trading session, reaching $43.67. About 240,071 shares traded. Brookfield Infrastructure Partners L.P. (NYSE:BIP) has risen 38.95% since January 14, 2017 and is uptrending. It has outperformed by 22.25% the S&P500.

Analysts await Brookfield Infrastructure Partners L.P. (NYSE:BIP) to report earnings on February, 7. They expect $0.82 EPS, up 18.84% or $0.13 from last year’s $0.69 per share. BIP’s profit will be $323.01M for 13.31 P/E if the $0.82 EPS becomes a reality. After $0.81 actual EPS reported by Brookfield Infrastructure Partners L.P. for the previous quarter, Wall Street now forecasts 1.23% EPS growth.

Among 9 analysts covering Brookfield Infrastructure Partners (NYSE:BIP), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Brookfield Infrastructure Partners had 33 analyst reports since August 6, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Buy” rating in Friday, July 14 report. The firm earned “Outperform” rating on Monday, September 26 by Raymond James. The rating was initiated by National Bank Canada with “Outperform” on Tuesday, December 1. As per Tuesday, August 22, the company rating was downgraded by Credit Suisse. The firm has “Buy” rating by RBC Capital Markets given on Friday, June 9. The firm earned “Buy” rating on Friday, October 13 by RBC Capital Markets. The firm earned “Buy” rating on Monday, September 26 by TD Securities. The rating was upgraded by Raymond James on Wednesday, January 13 to “Strong Buy”. RBC Capital Markets maintained it with “Buy” rating and $45.0 target in Friday, September 8 report. The stock of Brookfield Infrastructure Partners L.P. (NYSE:BIP) has “Buy” rating given on Friday, August 4 by RBC Capital Markets.

Among 4 analysts covering Kennedy-Wilson Holdings (NYSE:KW), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Kennedy-Wilson Holdings had 10 analyst reports since August 11, 2015 according to SRatingsIntel. The stock has “Buy” rating by BTIG Research on Tuesday, June 13. BTIG Research maintained Kennedy-Wilson Holdings, Inc. (NYSE:KW) rating on Monday, November 6. BTIG Research has “Buy” rating and $33.0 target. On Tuesday, August 11 the stock rating was upgraded by Zacks to “Hold”. The company was downgraded on Wednesday, April 26 by Deutsche Bank. As per Thursday, June 22, the company rating was maintained by BTIG Research. JMP Securities downgraded the stock to “Market Perform” rating in Friday, May 5 report.

Investors sentiment decreased to 1.62 in Q3 2017. Its down 0.31, from 1.93 in 2017Q2. It turned negative, as 9 investors sold KW shares while 38 reduced holdings. 21 funds opened positions while 55 raised stakes. 96.34 million shares or 2.85% more from 93.67 million shares in 2017Q2 were reported. Zebra Capital Mngmt Ltd Liability Corp reported 10,016 shares or 0.06% of all its holdings. State Board Of Administration Of Florida Retirement owns 70,732 shares. Gsa Prtn Limited Liability Partnership reported 11,098 shares. First Manhattan Company accumulated 0% or 4,000 shares. Elkhorn Ptnrs Ltd Partnership owns 4.04 million shares for 48.15% of their portfolio. Balyasny Asset Mngmt Ltd Limited Liability Company holds 0.01% or 196,053 shares in its portfolio. Hap Trading Ltd Co holds 0.02% or 22,145 shares in its portfolio. California-based Aperio Gp Lc has invested 0% in Kennedy-Wilson Holdings, Inc. (NYSE:KW). Copeland Cap Mngmt Limited Liability holds 0.95% or 758,397 shares. The Massachusetts-based Wellington Mngmt Ltd Liability Partnership has invested 0.05% in Kennedy-Wilson Holdings, Inc. (NYSE:KW). Co Of Vermont reported 37,541 shares. Moreover, Lpl Fincl Ltd Limited Liability Company has 0% invested in Kennedy-Wilson Holdings, Inc. (NYSE:KW) for 52,132 shares. Seabridge Investment Advsr Lc accumulated 236,826 shares. Ameriprise Fincl holds 0% or 248,734 shares in its portfolio. The Georgia-based Advisory Svcs Ntwk Limited Company has invested 0% in Kennedy-Wilson Holdings, Inc. (NYSE:KW).

Financial & Investment Management Group Ltd, which manages about $825.08 million and $302.59 million US Long portfolio, decreased its stake in Western Asset Clym Infl Opp (WIW) by 396,657 shares to 2.19 million shares, valued at $24.68 million in 2017Q3, according to the filing. It also reduced its holding in Sandstorm Gold Ltd (NYSEMKT:SAND) by 123,680 shares in the quarter, leaving it with 1.56 million shares, and cut its stake in Royal Gold Inc (NASDAQ:RGLD).

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