Williams Cos Del Com (WMB) Holder Fernwood Investment Management Has Increased Holding by $379,560; Scopia Capital Management LP Has Trimmed Stake in Targa Res (TRGP) as Shares Declined

January 14, 2018 - By Adrian Mccoy

Fernwood Investment Management Llc increased its stake in Williams Cos Inc Del Com (WMB) by 34.58% based on its latest 2017Q3 regulatory filing with the SEC. Fernwood Investment Management Llc bought 12,652 shares as the company’s stock rose 7.09% with the market. The institutional investor held 49,237 shares of the public utilities company at the end of 2017Q3, valued at $1.48 million, up from 36,585 at the end of the previous reported quarter. Fernwood Investment Management Llc who had been investing in Williams Cos Inc Del Com for a number of months, seems to be bullish on the $27.46B market cap company. The stock increased 0.33% or $0.11 during the last trading session, reaching $33.21. About 4.37M shares traded. The Williams Companies, Inc. (NYSE:WMB) has risen 40.20% since January 14, 2017 and is uptrending. It has outperformed by 23.50% the S&P500.

Matt Sirovich decreased its stake in Targa Res Corp (TRGP) by 1.21% based on its latest 2017Q3 regulatory filing with the SEC. Scopia Capital Management Lp sold 23,341 shares as the company’s stock declined 13.24% while stock markets rallied. The hedge fund run by Matt Sirovich held 1.91 million shares of the public utilities company at the end of 2017Q3, valued at $90.21 million, down from 1.93M at the end of the previous reported quarter. Scopia Capital Management Lp who had been investing in Targa Res Corp for a number of months, seems to be less bullish one the $11.09 billion market cap company. The stock increased 1.22% or $0.62 during the last trading session, reaching $51.44. About 1.88 million shares traded. Targa Resources Corp. (NYSE:TRGP) has risen 18.42% since January 14, 2017 and is uptrending. It has outperformed by 1.72% the S&P500.

Among 18 analysts covering Williams Companies Inc. (NYSE:WMB), 13 have Buy rating, 0 Sell and 5 Hold. Therefore 72% are positive. Williams Companies Inc. had 47 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has “Market Perform” rating by Raymond James on Friday, May 6. On Thursday, June 15 the stock rating was maintained by BMO Capital Markets with “Buy”. The stock of The Williams Companies, Inc. (NYSE:WMB) earned “Outperform” rating by Bernstein on Wednesday, May 11. As per Monday, January 23, the company rating was upgraded by Jefferies. The firm has “Hold” rating by Scotia Capital given on Friday, April 28. Argus Research maintained the shares of WMB in report on Monday, August 22 with “Buy” rating. As per Wednesday, June 8, the company rating was maintained by Jefferies. RBC Capital Markets maintained the stock with “Buy” rating in Monday, June 5 report. Wells Fargo downgraded the shares of WMB in report on Thursday, September 10 to “Market Perform” rating. The rating was upgraded by Barclays Capital to “Overweight” on Tuesday, July 18.

Since August 8, 2017, it had 0 buys, and 3 selling transactions for $8.61 million activity. Another trade for 272,088 shares valued at $8.25 million was sold by CHAPPEL DONALD R. 9,913 shares were sold by Ewing Robyn L, worth $297,250 on Wednesday, September 27.

Investors sentiment increased to 1.19 in 2017 Q3. Its up 0.13, from 1.06 in 2017Q2. It is positive, as 40 investors sold WMB shares while 203 reduced holdings. 66 funds opened positions while 223 raised stakes. 687.46 million shares or 1.13% less from 695.32 million shares in 2017Q2 were reported. Zwj Invest Counsel has 0.03% invested in The Williams Companies, Inc. (NYSE:WMB). Nelson Van Denburg And Campbell Wealth Mgmt Limited Liability Corp reported 0.01% stake. Patriot Wealth Mngmt holds 0.52% in The Williams Companies, Inc. (NYSE:WMB) or 106,032 shares. Calamos Advsr Lc has invested 0.02% of its portfolio in The Williams Companies, Inc. (NYSE:WMB). Sun Life owns 6,106 shares. Northwestern Mutual Wealth Mgmt stated it has 3,261 shares. First Mercantile Trust Co stated it has 0.2% in The Williams Companies, Inc. (NYSE:WMB). Natl Pension Ser stated it has 800,075 shares. First Midwest Bank & Trust Division reported 7,940 shares. Meiji Yasuda Life Ins has 0.06% invested in The Williams Companies, Inc. (NYSE:WMB). Prudential Fin holds 0.06% or 1.24 million shares in its portfolio. Bluecrest Management Limited has invested 0.02% in The Williams Companies, Inc. (NYSE:WMB). Susquehanna Interest Group Llp stated it has 0% in The Williams Companies, Inc. (NYSE:WMB). State Of Alaska Department Of Revenue owns 46,980 shares. Vantage Advsr Limited Liability Corporation has invested 0.01% in The Williams Companies, Inc. (NYSE:WMB).

Among 19 analysts covering Targa Resources (NYSE:TRGP), 11 have Buy rating, 0 Sell and 8 Hold. Therefore 58% are positive. Targa Resources had 75 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was upgraded by Jefferies to “Buy” on Thursday, January 14. BMO Capital Markets maintained Targa Resources Corp. (NYSE:TRGP) on Monday, November 13 with “Hold” rating. As per Monday, June 26, the company rating was maintained by Stifel Nicolaus. Wunderlich maintained the stock with “Hold” rating in Wednesday, August 31 report. The firm has “Equal-Weight” rating by Barclays Capital given on Tuesday, July 18. RBC Capital Markets maintained it with “Outperform” rating and $69 target in Wednesday, November 4 report. RBC Capital Markets maintained Targa Resources Corp. (NYSE:TRGP) rating on Sunday, October 29. RBC Capital Markets has “Buy” rating and $60.0 target. The firm has “Hold” rating by Credit Suisse given on Thursday, May 25. RBC Capital Markets maintained it with “Buy” rating and $60.0 target in Monday, September 25 report. The stock of Targa Resources Corp. (NYSE:TRGP) earned “Buy” rating by Jefferies on Thursday, August 31.

Investors sentiment decreased to 1.24 in Q3 2017. Its down 0.32, from 1.56 in 2017Q2. It fall, as 33 investors sold TRGP shares while 103 reduced holdings. 39 funds opened positions while 130 raised stakes. 182.82 million shares or 0.10% more from 182.63 million shares in 2017Q2 were reported. Hightower Ltd Com owns 86,299 shares. Moreover, Signaturefd Ltd has 0.14% invested in Targa Resources Corp. (NYSE:TRGP). Fil has 0.01% invested in Targa Resources Corp. (NYSE:TRGP). Kbc Grp Inc Nv has 0.07% invested in Targa Resources Corp. (NYSE:TRGP) for 164,753 shares. Morgan Stanley, a New York-based fund reported 1.71M shares. Ny State Common Retirement Fund has invested 0.03% in Targa Resources Corp. (NYSE:TRGP). Bancorp Of America De holds 0.01% or 1.97 million shares. Swiss Retail Bank reported 0.04% in Targa Resources Corp. (NYSE:TRGP). Axa holds 17,207 shares or 0% of its portfolio. Moreover, Public Sector Pension Board has 0% invested in Targa Resources Corp. (NYSE:TRGP) for 12,400 shares. Kayne Anderson Advsrs Lp invested 3.9% of its portfolio in Targa Resources Corp. (NYSE:TRGP). Robeco Institutional Asset Management Bv holds 0.01% of its portfolio in Targa Resources Corp. (NYSE:TRGP) for 22,789 shares. 100,058 were accumulated by Glenmede Tru Na. Winfield reported 65 shares stake. Alps Advsr Inc, a Colorado-based fund reported 140,162 shares.

Scopia Capital Management Lp, which manages about $7.11B and $6.32B US Long portfolio, upped its stake in Acorda Therapeutics Inc (NASDAQ:ACOR) by 1.25 million shares to 8.47 million shares, valued at $200.43 million in 2017Q3, according to the filing. It also increased its holding in Horizon Pharma Plc (NASDAQ:HZNP) by 807,546 shares in the quarter, for a total of 16.12 million shares, and has risen its stake in Spirit Aerosystems Hldgs Inc (NYSE:SPR).

Since August 10, 2017, it had 0 insider purchases, and 1 sale for $93,874 activity.

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