Jet Capital Investors LP Trimmed Position in Dover (Put) (DOV) as Shares Declined; Kcm Investment Advisors Has Decreased Its Holding in Conocophillips (COP) by $416,658 as Shares Rose

June 18, 2018 - By Clifton Ray

Dover Corporation (NYSE:DOV) Logo

Matthew Mark decreased its stake in Dover Corp (Put) (DOV) by 12.82% based on its latest 2018Q1 regulatory filing with the SEC. Jet Capital Investors LP sold 25,000 shares as the company’s stock declined 6.08% with the market. The hedge fund run by Matthew Mark held 170,000 shares of the industrial machinery and components company at the end of 2018Q1, valued at $16.70 million, down from 195,000 at the end of the previous reported quarter. Jet Capital Investors LP who had been investing in Dover Corp (Put) for a number of months, seems to be less bullish one the $11.83B market cap company. The stock decreased 0.48% or $0.37 during the last trading session, reaching $76.45. About 204,424 shares traded. Dover Corporation (NYSE:DOV) has risen 19.15% since June 18, 2017 and is uptrending. It has outperformed by 6.58% the S&P500. Some Historical DOV News: 24/05/2018 – Shell: Dover Well Discovery is Company’s Sixth in Norphlet Play; 20/03/2018 – DOVER SAYS ROBERT A. LIVINGSTON TO RETIRE; 18/04/2018 – Dover Board of Directors Approves Spinoff of Apergy; 26/03/2018 – Christopher M. Larocca Named CEO of Luminance and Hallmark Lighting; 27/04/2018 – Dover Corp 1Q Adj EPS $1.16; 20/03/2018 – Dover Picks CEO of Ag Equipment Maker CNH As New Leader; 20/03/2018 – Dover Corp Names Richard J. Tobin CEO, Presiden; 26/03/2018 – REG-Dover Corporation: Dover Announces Apergy Investor Day and Filing of Form 10 Registration Statement for Planned Spin-off; 27/04/2018 – DOVER CORP – PROVIDES PRO FORMA 2018 GUIDANCE FOR FULL YEAR DILUTED EARNINGS PER SHARE FROM CONTINUING OPERATIONS, WHICH EXCLUDES APERGY; 09/05/2018 – DOVER CORP – DOVER WILL RECEIVE A ONE-TIME CASH PAYMENT OF $700 MLN FROM APERGY IN CONNECTION WITH COMPLETION OF SPIN-OFF

Kcm Investment Advisors Llc decreased its stake in Conocophillips (COP) by 9.27% based on its latest 2018Q1 regulatory filing with the SEC. Kcm Investment Advisors Llc sold 7,062 shares as the company’s stock rose 15.69% while stock markets declined. The institutional investor held 69,131 shares of the integrated oil company at the end of 2018Q1, valued at $4.10 million, down from 76,193 at the end of the previous reported quarter. Kcm Investment Advisors Llc who had been investing in Conocophillips for a number of months, seems to be less bullish one the $78.73B market cap company. The stock increased 2.95% or $1.93 during the last trading session, reaching $67.29. About 1.50 million shares traded. ConocoPhillips (NYSE:COP) has risen 45.33% since June 18, 2017 and is uptrending. It has outperformed by 32.76% the S&P500. Some Historical COP News: 11/04/2018 – ConocoPhillips to cut 450 UK jobs on Southern North Sea production halt; 25/04/2018 – ConocoPhillips: Will Pursue Enforcement and Seek Fincl Recovery of Its Award to the Full Extent of the Law; 07/05/2018 – To enforce a $2 billion arbitration award, ConocoPhillips is taking over PDVSA’s assets; 16/04/2018 – CONOCOPHILLIPS: ALL SIX WELLS PLUS A SIDETRACK ENCOUNTERED OIL; 16/04/2018 – ConocoPhillips Announces Successful Results of 2018 Winter Exploration and Appraisal Program in Alaska; 07/05/2018 – SHIPPERS, ISLA REFINERY IN CURACAO EXPECT ATTACHMENT ORDERS BY CONOCO OVER ARBITRATION AWARD AGAINST PDVSA TO BE RE-SUBMITTED IN COMING DAYS; 20/03/2018 – SANTOS LTD STO.AX – NATIONAL OFFSHORE PETROLEUM SAFETY AND ENVIRONMENTAL MANAGEMENT AUTHORITY HAS ACCEPTED THE JOINT VENTURE’S PROJECT PROPOSAL; 23/03/2018 – CONOCOPHILLIPS OUTLOOK TO POSITIVE FROM STABLE BY MOODY’S; 15/05/2018 – ConocoPhillips ‘not close’ to recouping $2 bln from PDVSA- CEO; 08/05/2018 – VENEZUELA’S PDVSA SUSPENDS STORING, SHIPPING OIL FROM THE CARIBBEAN FOLLOWING CONOCOPHILLIPS’ COP.N COURT ORDERS ON ASSETS -SOURCE, REUTERS DATA

Investors sentiment decreased to 0.67 in 2018 Q1. Its down 0.05, from 0.72 in 2017Q4. It is negative, as 51 investors sold COP shares while 555 reduced holdings. 101 funds opened positions while 302 raised stakes. 805.59 million shares or 0.00% less from 805.62 million shares in 2017Q4 were reported. Jfs Wealth Ltd Liability Corp stated it has 59 shares or 0% of all its holdings. Pinnacle Fincl Prtnrs holds 0.23% of its portfolio in ConocoPhillips (NYSE:COP) for 37,923 shares. Thrivent Fincl For Lutherans has invested 0.01% in ConocoPhillips (NYSE:COP). Bessemer Group Inc reported 4.99 million shares. South State reported 0.57% in ConocoPhillips (NYSE:COP). Valley Advisers Inc holds 0% or 105 shares. 16,240 are held by Asset Advisors. Smithfield Trust reported 8,820 shares stake. Smith Asset Mgmt Group Inc Lp owns 0% invested in ConocoPhillips (NYSE:COP) for 220 shares. The Illinois-based Kemper Master Retirement Tru has invested 0.76% in ConocoPhillips (NYSE:COP). Heritage Corp accumulated 0.78% or 211,781 shares. Hanson Mcclain Inc accumulated 1,772 shares. Linscomb Williams invested 0.07% in ConocoPhillips (NYSE:COP). Korea Invest, a Korea-based fund reported 1.09M shares. Dynamic Advisor Solutions Ltd Llc holds 0.1% in ConocoPhillips (NYSE:COP) or 6,288 shares.

Kcm Investment Advisors Llc, which manages about $2.95 billion and $1.65B US Long portfolio, upped its stake in Spdr Health Care Select Sector (XLV) by 50,786 shares to 241,127 shares, valued at $19.63M in 2018Q1, according to the filing. It also increased its holding in Vanguard Health Care Vipers (VHT) by 2,175 shares in the quarter, for a total of 3,680 shares, and has risen its stake in Spdr Technology Select Sector (XLK).

Analysts await ConocoPhillips (NYSE:COP) to report earnings on July, 26. They expect $0.92 EPS, up 557.14% or $0.78 from last year’s $0.14 per share. COP’s profit will be $1.08 billion for 18.29 P/E if the $0.92 EPS becomes a reality. After $0.96 actual EPS reported by ConocoPhillips for the previous quarter, Wall Street now forecasts -4.17% negative EPS growth.

Among 28 analysts covering ConocoPhillips (NYSE:COP), 17 have Buy rating, 1 Sell and 10 Hold. Therefore 61% are positive. ConocoPhillips had 104 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Citigroup with “Buy” on Friday, February 9. Bernstein maintained the stock with “Outperform” rating in Friday, February 5 report. UBS upgraded the shares of COP in report on Thursday, March 30 to “Buy” rating. JP Morgan maintained it with “Overweight” rating and $64 target in Monday, April 9 report. The firm has “Neutral” rating by Guggenheim given on Wednesday, April 19. On Wednesday, December 13 the stock rating was upgraded by Goldman Sachs to “Buy”. The firm has “Perform” rating given on Tuesday, August 4 by Oppenheimer. Argus Research maintained the stock with “Buy” rating in Wednesday, December 9 report. The rating was upgraded by Goldman Sachs to “Buy” on Monday, November 28. Bernstein upgraded the stock to “Outperform” rating in Friday, June 8 report.

More notable recent ConocoPhillips (NYSE:COP) news were published by: Fool.com which released: “ConocoPhillips Could Be About to Get a Big Cash Infusion” on June 05, 2018, also Fool.com with their article: “Better Buy: ConocoPhillips vs. BP” published on June 05, 2018, Fool.com published: “ConocoPhillips and Chevron Stock Win Analysts’ Favor: What You Need to Know” on June 11, 2018. More interesting news about ConocoPhillips (NYSE:COP) were released by: Seekingalpha.com and their article: “A Renewed Oil Interest On Alaska’s North Slope” published on June 18, 2018 as well as Seekingalpha.com‘s news article titled: “Stocks To Watch: Don’t Sleep On Vienna” with publication date: June 16, 2018.

Since March 29, 2018, it had 0 buys, and 8 insider sales for $20.96 million activity. 3,716 ConocoPhillips (NYSE:COP) shares with value of $243,586 were sold by Freeman Jody. Shares for $439,862 were sold by Schwarz Glenda Mae on Friday, May 25. 25,000 ConocoPhillips (NYSE:COP) shares with value of $1.47 million were sold by LUNDQUIST ANDREW D.

Another recent and important Dover Corporation (NYSE:DOV) news was published by Seekingalpha.com which published an article titled: “Honeywell, Dover among companies exiting Iran presence before sanctions” on June 05, 2018.

Investors sentiment decreased to 0.84 in Q1 2018. Its down 0.15, from 0.99 in 2017Q4. It dropped, as 39 investors sold DOV shares while 214 reduced holdings. 72 funds opened positions while 140 raised stakes. 129.71 million shares or 1.85% less from 132.15 million shares in 2017Q4 were reported. Mercer Capital Advisers Inc accumulated 905 shares. Fmr Llc invested 0% in Dover Corporation (NYSE:DOV). Livforsakringsbolaget Skandia Omsesidigt stated it has 0.04% in Dover Corporation (NYSE:DOV). Element Capital Ltd Limited Liability Company holds 0.45% or 194,174 shares. Boston Private Wealth Ltd Llc has 17,176 shares for 0.06% of their portfolio. Norman Fields Gottscho Cap Management Llc owns 2,600 shares. Beck Mack And Oliver Ltd has invested 1.82% in Dover Corporation (NYSE:DOV). California-based Hollencrest Cap Mngmt has invested 0.03% in Dover Corporation (NYSE:DOV). First Mercantile Com holds 0.04% or 1,815 shares in its portfolio. 8,590 are held by Pennsylvania Tru. Ashfield Cap Partners Ltd Liability, a California-based fund reported 29,315 shares. Lafayette Invests holds 1.37% in Dover Corporation (NYSE:DOV) or 37,223 shares. Stewart Patten Company Limited Company has 0.11% invested in Dover Corporation (NYSE:DOV). Pettee reported 0.48% stake. Fincl Bank Of Nova Scotia has invested 0.01% in Dover Corporation (NYSE:DOV).

Jet Capital Investors L P, which manages about $1.55 billion and $1.75 billion US Long portfolio, upped its stake in At&T Inc (Put) (NYSE:T) by 1.06 million shares to 1.26M shares, valued at $44.82 million in 2018Q1, according to the filing. It also increased its holding in Aetna Inc New (NYSE:AET) by 315,000 shares in the quarter, for a total of 815,000 shares, and has risen its stake in Vmware Inc (Call) (NYSE:VMW).

Since February 26, 2018, it had 1 insider purchase, and 6 insider sales for $2.79 million activity. Kosinski Anthony K sold $93,382 worth of stock. Another trade for 3,300 shares valued at $336,600 was made by Goldberg Paul on Friday, March 9. Burns Patrick had bought 635 shares worth $61,908 on Friday, March 2. $197,146 worth of Dover Corporation (NYSE:DOV) was sold by WINSTON MARY A on Thursday, June 7. Kloosterboer Jay L also sold $1.16M worth of Dover Corporation (NYSE:DOV) shares.

Analysts await Dover Corporation (NYSE:DOV) to report earnings on July, 19. They expect $1.22 earnings per share, up 17.31% or $0.18 from last year’s $1.04 per share. DOV’s profit will be $188.71M for 15.67 P/E if the $1.22 EPS becomes a reality. After $1.16 actual earnings per share reported by Dover Corporation for the previous quarter, Wall Street now forecasts 5.17% EPS growth.

Among 23 analysts covering Dover (NYSE:DOV), 12 have Buy rating, 0 Sell and 11 Hold. Therefore 52% are positive. Dover had 104 analyst reports since July 22, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Hold” rating and $9100 target in Thursday, July 20 report. The company was maintained on Sunday, December 10 by Stifel Nicolaus. Citigroup initiated the shares of DOV in report on Thursday, January 21 with “Neutral” rating. As per Tuesday, May 10, the company rating was upgraded by Bank of America. On Thursday, February 1 the stock rating was maintained by Morgan Stanley with “Overweight”. The company was initiated on Friday, October 7 by Susquehanna. The stock of Dover Corporation (NYSE:DOV) has “Hold” rating given on Thursday, April 5 by RBC Capital Markets. The firm has “Hold” rating by Stifel Nicolaus given on Friday, April 21. The firm has “Hold” rating by Stifel Nicolaus given on Friday, July 14. The stock of Dover Corporation (NYSE:DOV) earned “Equal-Weight” rating by Barclays Capital on Thursday, March 17.

ConocoPhillips (NYSE:COP) Institutional Positions Chart

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