Praesidium Investment Management Company Increases Position in National Instrs (NATI); As Dominion Midstream Partners (DM) Share Price Declined, Kayne Anderson Capital Advisors LP Has Lowered Its Holding

May 24, 2018 - By Vivian Park

National Instruments Corporation (NASDAQ:NATI) Logo

Praesidium Investment Management Company Llc increased its stake in National Instrs Corp (NATI) by 1.66% based on its latest 2017Q4 regulatory filing with the SEC. Praesidium Investment Management Company Llc bought 16,206 shares as the company’s stock rose 17.65% while stock markets declined. The institutional investor held 995,135 shares of the prepackaged software company at the end of 2017Q4, valued at $41.43M, up from 978,929 at the end of the previous reported quarter. Praesidium Investment Management Company Llc who had been investing in National Instrs Corp for a number of months, seems to be bullish on the $5.47 billion market cap company. The stock increased 0.05% or $0.02 during the last trading session, reaching $41.68. About 89,162 shares traded. National Instruments Corporation (NASDAQ:NATI) has risen 55.28% since May 24, 2017 and is uptrending. It has outperformed by 43.73% the S&P500.

Kayne Anderson Capital Advisors Lp decreased its stake in Dominion Midstream Partners (DM) by 22.24% based on its latest 2017Q4 regulatory filing with the SEC. Kayne Anderson Capital Advisors Lp sold 259,560 shares as the company’s stock declined 47.08% with the market. The hedge fund held 907,782 shares of the public utilities company at the end of 2017Q4, valued at $27.64 million, down from 1.17 million at the end of the previous reported quarter. Kayne Anderson Capital Advisors Lp who had been investing in Dominion Midstream Partners for a number of months, seems to be less bullish one the $1.38B market cap company. The stock decreased 3.15% or $0.45 during the last trading session, reaching $13.85. About 316,060 shares traded. Dominion Energy Midstream Partners, LP (NYSE:DM) has declined 48.46% since May 24, 2017 and is downtrending. It has underperformed by 60.01% the S&P500.

Among 15 analysts covering Dominion Midstream Partners LP (NYSE:DM), 4 have Buy rating, 1 Sell and 10 Hold. Therefore 27% are positive. Dominion Midstream Partners LP had 51 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Dominion Energy Midstream Partners, LP (NYSE:DM) earned “Neutral” rating by JP Morgan on Thursday, December 14. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, January 26 report. The stock of Dominion Energy Midstream Partners, LP (NYSE:DM) earned “Overweight” rating by Morgan Stanley on Wednesday, August 30. The firm earned “Buy” rating on Thursday, July 23 by DA Davidson. Scotia Capital maintained the shares of DM in report on Friday, April 28 with “Buy” rating. The rating was maintained by RBC Capital Markets on Monday, September 25 with “Buy”. The rating was maintained by RBC Capital Markets with “Hold” on Tuesday, January 16. The stock of Dominion Energy Midstream Partners, LP (NYSE:DM) earned “Hold” rating by Guggenheim on Monday, April 30. The rating was maintained by UBS with “Buy” on Friday, March 2. The firm has “Buy” rating by Stifel Nicolaus given on Wednesday, September 14.

Kayne Anderson Capital Advisors Lp, which manages about $18.02B and $7.86 billion US Long portfolio, upped its stake in Oasis Midstream Partners Lp by 41,075 shares to 1.37 million shares, valued at $23.93 million in 2017Q4, according to the filing. It also increased its holding in Antero Midstream Partners Lp (NYSE:AM) by 73,347 shares in the quarter, for a total of 2.93 million shares, and has risen its stake in Global Partners Lp (NYSE:GLP).

Investors sentiment decreased to 0.79 in 2017 Q4. Its down 0.28, from 1.07 in 2017Q3. It is negative, as 9 investors sold DM shares while 38 reduced holdings. 17 funds opened positions while 20 raised stakes. 35.73 million shares or 5.06% less from 37.63 million shares in 2017Q3 were reported. Arrowstreet Capital Ltd Partnership, Massachusetts-based fund reported 16,628 shares. A D Beadell Invest Counsel invested in 2.18% or 87,275 shares. Castleark Mngmt Ltd Llc reported 39,606 shares. Atlantic Trust Group Inc invested in 84,365 shares. Advisory Services Network Lc accumulated 0.01% or 4,585 shares. Metropolitan Life Insurance New York has 155,874 shares. Enterprise Svcs owns 955 shares. Blair William & Il accumulated 8,014 shares or 0% of the stock. Thompson Siegel And Walmsley Lc stated it has 0% in Dominion Energy Midstream Partners, LP (NYSE:DM). Goldman Sachs Gru holds 996,153 shares. Barclays Public Limited Company stated it has 30,768 shares or 0% of all its holdings. Stifel Financial invested in 0% or 26,686 shares. Morgan Stanley invested 0% of its portfolio in Dominion Energy Midstream Partners, LP (NYSE:DM). Keybank National Association Oh holds 0% of its portfolio in Dominion Energy Midstream Partners, LP (NYSE:DM) for 10,960 shares. Fmr Ltd Liability Company invested 0% in Dominion Energy Midstream Partners, LP (NYSE:DM).

Another recent and important Dominion Energy Midstream Partners, LP (NYSE:DM) news was published by Seekingalpha.com which published an article titled: “Q1’18 MLP Distribution Recap: Several Growers Overshadowed By 2 Cuts” on May 23, 2018.

Analysts await Dominion Energy Midstream Partners, LP (NYSE:DM) to report earnings on August, 1. They expect $0.39 earnings per share, up 25.81% or $0.08 from last year’s $0.31 per share. DM’s profit will be $38.97M for 8.88 P/E if the $0.39 EPS becomes a reality. After $0.35 actual earnings per share reported by Dominion Energy Midstream Partners, LP for the previous quarter, Wall Street now forecasts 11.43% EPS growth.

Since December 11, 2017, it had 0 insider purchases, and 55 selling transactions for $91.35 million activity. 17,500 shares valued at $723,975 were sold by TRUCHARD JAMES J on Monday, May 7. Shares for $33,686 were sold by Fettweis Gerhard Paul on Friday, May 11. Roiko John Charles had sold 1,846 shares worth $92,805 on Thursday, February 1. Another trade for 4,395 shares valued at $217,316 was sold by Rust Scott Arthur. DAVERN ALEXANDER M sold $599,947 worth of stock.

More notable recent National Instruments Corporation (NASDAQ:NATI) news were published by: Businesswire.com which released: “NI Accelerates Beyond the Speed of Innovation with LabVIEW 2018” on May 22, 2018, also Nasdaq.com with their article: “National Instruments Has High Hopes Despite Sales Slump” published on April 26, 2018, Businesswire.com published: “National Instruments to Host Investor Conference at NIWeek” on May 21, 2018. More interesting news about National Instruments Corporation (NASDAQ:NATI) were released by: Nasdaq.com and their article: “Research Report Identifies Monster Beverage, Infinera, Zynga, Calithera Biosciences, Marathon Oil, and National …” published on May 16, 2018 as well as Seekingalpha.com‘s news article titled: “National Instruments (NATI) Q1 2018 Results – Earnings Call Transcript” with publication date: April 26, 2018.

Praesidium Investment Management Company Llc, which manages about $1.38 billion and $1.29 billion US Long portfolio, decreased its stake in Tyler Technologies Inc (NYSE:TYL) by 3,550 shares to 484,453 shares, valued at $85.77M in 2017Q4, according to the filing. It also reduced its holding in Advanced Energy Inds (NASDAQ:AEIS) by 4,520 shares in the quarter, leaving it with 441,347 shares, and cut its stake in Servicenow Inc (NYSE:NOW).

Dominion Energy Midstream Partners, LP (NYSE:DM) Institutional Positions Chart

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