As Kinder Morgan Del (KMI) Share Price Declined, Kayne Anderson Capital Advisors LP Has Upped Position; Adobe Systems (ADBE) Holder Suncoast Equity Management Has Lifted Its Stake by $4.30 Million

May 26, 2018 - By Ellis Scott

Kinder Morgan, Inc. (NYSE:KMI) Logo

Suncoast Equity Management increased its stake in Adobe Systems (ADBE) by 53.77% based on its latest 2017Q4 regulatory filing with the SEC. Suncoast Equity Management bought 24,585 shares as the company’s stock rose 22.17% while stock markets declined. The institutional investor held 70,310 shares of the prepackaged software company at the end of 2017Q4, valued at $12.32M, up from 45,725 at the end of the previous reported quarter. Suncoast Equity Management who had been investing in Adobe Systems for a number of months, seems to be bullish on the $119.95 billion market cap company. The stock decreased 0.65% or $1.59 during the last trading session, reaching $243.56. About 1.88M shares traded. Adobe Systems Incorporated (NASDAQ:ADBE) has risen 66.71% since May 26, 2017 and is uptrending. It has outperformed by 55.16% the S&P500.

Kayne Anderson Capital Advisors Lp increased its stake in Kinder Morgan Inc Del (KMI) by 15.01% based on its latest 2017Q4 regulatory filing with the SEC. Kayne Anderson Capital Advisors Lp bought 1.25 million shares as the company’s stock declined 16.40% with the market. The hedge fund held 9.60 million shares of the public utilities company at the end of 2017Q4, valued at $173.55M, up from 8.35 million at the end of the previous reported quarter. Kayne Anderson Capital Advisors Lp who had been investing in Kinder Morgan Inc Del for a number of months, seems to be bullish on the $35.05B market cap company. The stock increased 0.06% or $0.01 during the last trading session, reaching $15.89. About 17.52 million shares traded or 12.48% up from the average. Kinder Morgan, Inc. (NYSE:KMI) has declined 28.25% since May 26, 2017 and is downtrending. It has underperformed by 39.80% the S&P500.

Among 25 analysts covering Kinder Morgan (NYSE:KMI), 17 have Buy rating, 0 Sell and 8 Hold. Therefore 68% are positive. Kinder Morgan had 85 analyst reports since July 30, 2015 according to SRatingsIntel. The firm earned “Overweight” rating on Tuesday, April 17 by Barclays Capital. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, September 21. The firm earned “Outperform” rating on Thursday, October 20 by Wolfe Research. The rating was maintained by RBC Capital Markets with “Hold” on Thursday, July 20. The company was maintained on Tuesday, July 19 by Citigroup. Jefferies maintained Kinder Morgan, Inc. (NYSE:KMI) rating on Thursday, June 22. Jefferies has “Hold” rating and $2300 target. Raymond James maintained the stock with “Buy” rating in Friday, July 21 report. The firm earned “Hold” rating on Thursday, January 18 by RBC Capital Markets. Stifel Nicolaus downgraded Kinder Morgan, Inc. (NYSE:KMI) on Tuesday, October 4 to “Hold” rating. As per Friday, January 29, the company rating was maintained by RBC Capital Markets.

More recent Kinder Morgan, Inc. (NYSE:KMI) news were published by: Seekingalpha.com which released: “Kinder Morgan: Sanity Still Reigns In The Courtroom” on May 25, 2018. Also Seekingalpha.com published the news titled: “Tracking Larry Robbins’ Glenview Capital Management Portfolio – Q1 2018 Update” on May 25, 2018. Seekingalpha.com‘s news article titled: “Kinder Morgan: TMP Profits Are All That Matter” with publication date: May 21, 2018 was also an interesting one.

Investors sentiment decreased to 0.7 in Q4 2017. Its down 0.07, from 0.77 in 2017Q3. It turned negative, as 75 investors sold KMI shares while 372 reduced holdings. 83 funds opened positions while 231 raised stakes. 1.31 billion shares or 0.25% more from 1.31 billion shares in 2017Q3 were reported. Nj State Employees Deferred Compensation Plan invested in 17,265 shares or 0.05% of the stock. Ls Advsr Ltd Liability Company reported 68,649 shares stake. Advisory Rech Inc holds 3.81 million shares or 1.14% of its portfolio. Meag Munich Ergo Kapitalanlagegesellschaft Mbh accumulated 91,946 shares. State Of Tennessee Treasury Department owns 677,140 shares. Caz Invests LP invested 0.56% in Kinder Morgan, Inc. (NYSE:KMI). First Republic Mngmt owns 1.06 million shares. Acadian Asset Limited Liability has invested 0% in Kinder Morgan, Inc. (NYSE:KMI). Hbk Invests Limited Partnership reported 439,300 shares. Switzerland-based Starr Interest has invested 0.32% in Kinder Morgan, Inc. (NYSE:KMI). Drw Secs Lc stated it has 26,928 shares. Community Bank Na, a New York-based fund reported 2,691 shares. Focused Wealth Mgmt reported 804 shares. Associated Banc has invested 0.15% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI). Bluemountain Capital Mgmt Ltd Liability Corp owns 172,188 shares.

Kayne Anderson Capital Advisors Lp, which manages about $18.02 billion and $7.86 billion US Long portfolio, decreased its stake in Knot Offshore Partners Lp (NYSE:KNOP) by 50,000 shares to 2.05 million shares, valued at $42.51M in 2017Q4, according to the filing. It also reduced its holding in Eqt Gp Hldgs Lp by 33,200 shares in the quarter, leaving it with 1.30M shares, and cut its stake in Energy Transfer Prtnrs L P.

More notable recent Adobe Systems Incorporated (NASDAQ:ADBE) news were published by: Investorplace.com which released: “Shopify Inc Takes a Hit on Adobe Headline — Add It to Your Cart” on May 22, 2018, also Streetinsider.com with their article: “Adobe Systems (ADBE) to Acquire Magento Commerce for $1.68 Billion” published on May 21, 2018, Streetinsider.com published: “After-Hours Stock Movers 05/21: (NBRV) (MU) (ADBE) Higher; (LBY) (ARDX) (PSTG) Lower (more…)” on May 21, 2018. More interesting news about Adobe Systems Incorporated (NASDAQ:ADBE) were released by: Seekingalpha.com and their article: “Adobe Systems: Diverging Paths” published on May 22, 2018 as well as Seekingalpha.com‘s news article titled: “Best And Worst Performing Nasdaq 100 Stocks Of 2018” with publication date: May 25, 2018.

Among 39 analysts covering Adobe Systems (NASDAQ:ADBE), 28 have Buy rating, 0 Sell and 11 Hold. Therefore 72% are positive. Adobe Systems had 158 analyst reports since August 11, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, January 10 by Guggenheim. The firm has “Buy” rating given on Sunday, July 30 by RBC Capital Markets. The rating was maintained by Cowen & Co on Wednesday, August 30 with “Buy”. The rating was maintained by RBC Capital Markets on Sunday, October 8 with “Buy”. Pivotal Research downgraded the shares of ADBE in report on Thursday, January 12 to “Hold” rating. The rating was maintained by KeyBanc Capital Markets with “Buy” on Tuesday, September 26. KeyBanc Capital Markets maintained the shares of ADBE in report on Thursday, August 24 with “Buy” rating. Piper Jaffray maintained Adobe Systems Incorporated (NASDAQ:ADBE) on Friday, December 15 with “Buy” rating. Deutsche Bank maintained it with “Buy” rating and $110 target in Tuesday, December 8 report. The firm earned “Hold” rating on Monday, October 16 by Deutsche Bank.

Investors sentiment decreased to 0.89 in 2017 Q4. Its down 0.22, from 1.11 in 2017Q3. It dropped, as 47 investors sold ADBE shares while 389 reduced holdings. 107 funds opened positions while 280 raised stakes. 410.42 million shares or 1.09% less from 414.95 million shares in 2017Q3 were reported. Fuller And Thaler Asset Mgmt has invested 0.01% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Pinnacle Finance Partners holds 2,948 shares. Janney Montgomery Scott Limited Com holds 0.02% or 10,040 shares. Connor Clark And Lunn Investment Management Ltd holds 0.24% in Adobe Systems Incorporated (NASDAQ:ADBE) or 234,550 shares. Bp Public Limited Company accumulated 0.36% or 57,200 shares. Ohio-based Meeder Asset Management has invested 0.35% in Adobe Systems Incorporated (NASDAQ:ADBE). Mitsubishi Ufj Hldg Company holds 0.52% or 710 shares in its portfolio. Hennessy Advsr invested in 2,380 shares or 0.01% of the stock. Field & Main Bancorp holds 0.38% in Adobe Systems Incorporated (NASDAQ:ADBE) or 2,275 shares. Sei Co, a Pennsylvania-based fund reported 831,603 shares. Shelton Mngmt invested 0.47% in Adobe Systems Incorporated (NASDAQ:ADBE). 65,441 are held by Glenmede Comm Na. Birch Hill Invest Advsrs Llc stated it has 0.03% of its portfolio in Adobe Systems Incorporated (NASDAQ:ADBE). Kentucky Retirement Systems holds 30,398 shares. Parametric Port Assoc Ltd Limited Liability Company owns 1.57M shares for 0.27% of their portfolio.

Kinder Morgan, Inc. (NYSE:KMI) Institutional Positions Chart

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