Martin Currie LTD Has Trimmed Pioneer Nat Res Co (PXD) Stake; 3 Bullish Analysts Covering Sprague Resources LP (SRLP)

February 17, 2018 - By Marguerite Chambers

Martin Currie Ltd decreased Pioneer Nat Res Co (PXD) stake by 6.82% reported in 2017Q3 SEC filing. Martin Currie Ltd sold 3,431 shares as Pioneer Nat Res Co (PXD)’s stock declined 8.01%. The Martin Currie Ltd holds 46,866 shares with $6.92M value, down from 50,297 last quarter. Pioneer Nat Res Co now has $30.42B valuation. The stock decreased 0.45% or $0.8 during the last trading session, reaching $178.79. About 1.24M shares traded. Pioneer Natural Resources Company (NYSE:PXD) has risen 8.46% since February 17, 2017 and is uptrending. It has underperformed by 8.24% the S&P500.

Among 5 analysts covering Sprague Resources (NYSE:SRLP), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Sprague Resources had 8 analyst reports since August 10, 2015 according to SRatingsIntel. The company was upgraded on Monday, March 20 by Janney Capital. On Tuesday, December 19 the stock rating was maintained by B. Riley & Co with “Buy”. The stock of Sprague Resources LP (NYSE:SRLP) earned “Outperform” rating by FBR Capital on Friday, September 9. J.P. Morgan initiated Sprague Resources LP (NYSE:SRLP) on Tuesday, November 21 with “Hold” rating. As per Monday, January 4, the company rating was upgraded by Raymond James. See Sprague Resources LP (NYSE:SRLP) latest ratings:

19/12/2017 Broker: B. Riley & Co Rating: Buy New Target: $29 Maintain
19/12/2017 Broker: FBR Capital Rating: Inc. 29.00
21/11/2017 Broker: J.P. Morgan Rating: Hold New Target: $27.0 Initiate

Sprague Resources LP engages in the purchase, storage, distribution, and sale of refined petroleum products and natural gas in the United States. The company has market cap of $550.29 million. The firm operates through four divisions: Refined Products, Natural Gas, Materials Handling, and Other Operations. It has a 14.24 P/E ratio. The Refined Products segment purchases and sells various refined products, such as heating oil, diesel fuel, residual fuel oil, kerosene, jet fuel, gasoline, and asphalt to wholesale and commercial customers.

The stock increased 0.41% or $0.1 during the last trading session, reaching $24.4. About 16,426 shares traded. Sprague Resources LP (NYSE:SRLP) has risen 13.18% since February 17, 2017 and is uptrending. It has underperformed by 3.52% the S&P500.

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.57, from 1.46 in 2017Q2. It turned negative, as 11 investors sold Sprague Resources LP shares while 8 reduced holdings. 6 funds opened positions while 11 raised stakes. 5.00 million shares or 9.58% less from 5.53 million shares in 2017Q2 were reported. Kayne Anderson Cap L P holds 0.26% or 826,554 shares. Janney Montgomery Scott Limited Liability Corporation, Pennsylvania-based fund reported 66,360 shares. Wells Fargo And Mn owns 33,557 shares or 0% of their US portfolio. California Public Employees Retirement System, a California-based fund reported 45,321 shares. Spirit Of America Mngmt holds 0.57% in Sprague Resources LP (NYSE:SRLP) or 220,282 shares. Toronto Dominion Bankshares owns 17 shares. Jane Street Gp Ltd Liability holds 0% in Sprague Resources LP (NYSE:SRLP) or 8,885 shares. Goldman Sachs Gru holds 0.01% or 1.28M shares. 11,550 are held by Friedberg Invest Mgmt. 79,483 were accumulated by Acadian Asset Ltd Limited Liability Company. Bancorporation Of America Corporation De holds 0% or 115,571 shares in its portfolio. Citigroup reported 650 shares. Fort Washington Invest Advisors Oh stated it has 0.01% of its portfolio in Sprague Resources LP (NYSE:SRLP). Morgan Stanley invested 0% in Sprague Resources LP (NYSE:SRLP). Raymond James & Assocs invested 0% in Sprague Resources LP (NYSE:SRLP).

Among 40 analysts covering Pioneer Natural Resources (NYSE:PXD), 35 have Buy rating, 1 Sell and 4 Hold. Therefore 88% are positive. Pioneer Natural Resources had 150 analyst reports since July 21, 2015 according to SRatingsIntel. Barclays Capital maintained the shares of PXD in report on Monday, November 20 with “Overweight” rating. The company was maintained on Sunday, August 13 by Piper Jaffray. As per Thursday, April 13, the company rating was maintained by Stifel Nicolaus. BMO Capital Markets maintained the shares of PXD in report on Tuesday, October 10 with “Buy” rating. The stock of Pioneer Natural Resources Company (NYSE:PXD) earned “Outperform” rating by RBC Capital Markets on Wednesday, November 4. As per Tuesday, January 16, the company rating was maintained by Mizuho. Stifel Nicolaus maintained Pioneer Natural Resources Company (NYSE:PXD) on Friday, September 1 with “Buy” rating. The stock of Pioneer Natural Resources Company (NYSE:PXD) has “Buy” rating given on Friday, October 20 by KeyBanc Capital Markets. The firm earned “Buy” rating on Tuesday, January 12 by Wunderlich. The company was initiated on Thursday, October 6 by Mizuho.

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.07, from 1.1 in 2017Q2. It dropped, as 78 investors sold PXD shares while 197 reduced holdings. 73 funds opened positions while 209 raised stakes. 151.85 million shares or 0.71% less from 152.94 million shares in 2017Q2 were reported. Laffer invested in 9,985 shares or 0.39% of the stock. Artemis Inv Mgmt Llp invested in 0.2% or 65,413 shares. Employees Retirement Sys Of Texas holds 0.19% of its portfolio in Pioneer Natural Resources Company (NYSE:PXD) for 97,200 shares. Alyeska Inv Group Inc Ltd Partnership has invested 0.2% of its portfolio in Pioneer Natural Resources Company (NYSE:PXD). Tower Bridge, a Pennsylvania-based fund reported 6,825 shares. The Texas-based Qcm Cayman Ltd has invested 0.59% in Pioneer Natural Resources Company (NYSE:PXD). Coe Cap Mngmt Ltd Com has 1.27% invested in Pioneer Natural Resources Company (NYSE:PXD) for 8,300 shares. Shell Asset Mgmt Communications holds 0.07% or 22,044 shares. Franklin Incorporated holds 0.03% or 347,015 shares in its portfolio. Hellman Jordan Mgmt Inc Ma stated it has 5,275 shares. Petrus Lta reported 0.06% in Pioneer Natural Resources Company (NYSE:PXD). Jp Marvel Investment Advsrs Limited Liability Corporation holds 22,439 shares or 1.05% of its portfolio. First Manhattan holds 0% or 5,287 shares. Pacific Global Mgmt accumulated 3,380 shares. Citadel Lc holds 0% or 11,130 shares in its portfolio.

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