Oceanic Investment Management LTD Decreased Its Holding in Hoegh Lng Partners LP (HMLP) by $2.32 Million as Share Price Declined; Brown Brothers Harriman & Co Decreased Exxon Mobil (XOM) Position as Market Valuation Rose

February 13, 2018 - By Linda Rogers

Oceanic Investment Management Ltd decreased its stake in Hoegh Lng Partners Lp (HMLP) by 12.92% based on its latest 2017Q3 regulatory filing with the SEC. Oceanic Investment Management Ltd sold 128,679 shares as the company’s stock declined 1.29% while stock markets rallied. The hedge fund held 867,211 shares of the marine transportation company at the end of 2017Q3, valued at $16.09 million, down from 995,890 at the end of the previous reported quarter. Oceanic Investment Management Ltd who had been investing in Hoegh Lng Partners Lp for a number of months, seems to be less bullish one the $581.06M market cap company. The stock decreased 2.49% or $0.45 during the last trading session, reaching $17.65. About 79,595 shares traded. Höegh LNG Partners LP (NYSE:HMLP) has risen 10.34% since February 13, 2017 and is uptrending. It has underperformed by 6.36% the S&P500.

Brown Brothers Harriman & Co decreased its stake in Exxon Mobil Corp (XOM) by 0.82% based on its latest 2017Q3 regulatory filing with the SEC. Brown Brothers Harriman & Co sold 4,710 shares as the company’s stock rose 0.21% with the market. The institutional investor held 568,019 shares of the integrated oil company at the end of 2017Q3, valued at $46.57M, down from 572,729 at the end of the previous reported quarter. Brown Brothers Harriman & Co who had been investing in Exxon Mobil Corp for a number of months, seems to be less bullish one the $323.04 billion market cap company. The stock decreased 0.24% or $0.18 during the last trading session, reaching $76.24. About 9.59 million shares traded. Exxon Mobil Corporation (NYSE:XOM) has declined 9.08% since February 13, 2017 and is downtrending. It has underperformed by 25.78% the S&P500.

Analysts await Höegh LNG Partners LP (NYSE:HMLP) to report earnings on February, 27. They expect $0.35 earnings per share, up 40.00% or $0.10 from last year’s $0.25 per share. HMLP’s profit will be $11.52M for 12.61 P/E if the $0.35 EPS becomes a reality. After $0.08 actual earnings per share reported by Höegh LNG Partners LP for the previous quarter, Wall Street now forecasts 337.50% EPS growth.

Among 6 analysts covering Hoegh LNG Partners LP (NYSE:HMLP), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Hoegh LNG Partners LP had 15 analyst reports since August 14, 2015 according to SRatingsIntel. Morgan Stanley maintained Höegh LNG Partners LP (NYSE:HMLP) on Monday, February 12 with “Overweight” rating. Citigroup maintained Höegh LNG Partners LP (NYSE:HMLP) on Friday, August 25 with “Buy” rating. Seaport Global Securities initiated it with “Accumulate” rating and $22.0 target in Wednesday, January 6 report. Morgan Stanley upgraded Höegh LNG Partners LP (NYSE:HMLP) on Wednesday, November 2 to “Overweight” rating. Citigroup maintained it with “Buy” rating and $21 target in Friday, August 26 report. The rating was upgraded by Barclays Capital on Tuesday, July 18 to “Overweight”. As per Thursday, October 12, the company rating was maintained by Stifel Nicolaus. The company was maintained on Thursday, September 7 by Stifel Nicolaus. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, July 20. Barclays Capital maintained Höegh LNG Partners LP (NYSE:HMLP) on Tuesday, August 30 with “Equal-Weight” rating.

Investors sentiment is 0.85 in Q3 2017. Its the same as in 2017Q2. It has no change, as 57 investors sold XOM shares while 806 reduced holdings. only 114 funds opened positions while 621 raised stakes. 2.13 billion shares or 0.48% more from 2.12 billion shares in 2017Q2 were reported. Nexus Invest Mngmt reported 0.12% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). 706,201 were accumulated by Wesbanco Financial Bank. Capital One Natl Association holds 299,229 shares. Vista Capital Prtn stated it has 0.08% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Osterweis Cap Mngmt Incorporated invested 0.11% in Exxon Mobil Corporation (NYSE:XOM). Btc Mgmt accumulated 0.74% or 50,344 shares. Bb&T Corporation owns 829,366 shares for 1.32% of their portfolio. Wunderlich Cap Managemnt owns 15,711 shares. New York-based Fenimore Asset Management has invested 0.09% in Exxon Mobil Corporation (NYSE:XOM). Flossbach Von Storch Ag accumulated 0.19% or 219,190 shares. Reaves W H reported 0.36% of its portfolio in Exxon Mobil Corporation (NYSE:XOM). Punch And Mngmt Inc has 48,494 shares for 0.35% of their portfolio. Moreover, Oakmont Prtnrs Ltd Llc has 0.37% invested in Exxon Mobil Corporation (NYSE:XOM). 37,700 were accumulated by Condor Mgmt. Employees Retirement Association Of Colorado stated it has 0.44% of its portfolio in Exxon Mobil Corporation (NYSE:XOM).

Since September 18, 2017, it had 0 insider buys, and 5 insider sales for $5.23 million activity. On Thursday, December 14 Chapman Neil A sold $996,628 worth of Exxon Mobil Corporation (NYSE:XOM) or 12,000 shares. Franklin Robert Stuart also sold $1.81M worth of Exxon Mobil Corporation (NYSE:XOM) on Monday, September 18. $200,293 worth of Exxon Mobil Corporation (NYSE:XOM) was sold by Wascom Dennis G on Friday, December 15. Another trade for 19,500 shares valued at $1.62 million was sold by Corson Bradley W.

Among 26 analysts covering Exxon Mobil (NYSE:XOM), 9 have Buy rating, 7 Sell and 10 Hold. Therefore 35% are positive. Exxon Mobil had 88 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Hold” rating by BMO Capital Markets on Monday, June 26. RBC Capital Markets maintained the shares of XOM in report on Monday, October 9 with “Hold” rating. The company was maintained on Thursday, August 17 by Piper Jaffray. The firm earned “Reduce” rating on Friday, March 18 by Nomura. Citigroup maintained it with “Neutral” rating and $84 target in Friday, July 21 report. Cowen & Co maintained the stock with “Buy” rating in Tuesday, September 19 report. The rating was maintained by Piper Jaffray on Thursday, October 5 with “Hold”. Deutsche Bank maintained the shares of XOM in report on Tuesday, March 29 with “Hold” rating. As per Monday, February 5, the company rating was maintained by Jefferies. Credit Suisse maintained Exxon Mobil Corporation (NYSE:XOM) on Monday, February 5 with “Neutral” rating.

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