Brigade Capital Management Lp Increased Kindred Healthcare (KND) Stake by $30.64 Million; Globeflex Capital LP Has Decreased Its Dte Energy Co (DTE) Position

February 16, 2018 - By Vivian Park

Brigade Capital Management Lp increased Kindred Healthcare Inc (NYSE:KND) stake by 1345% reported in 2017Q4 SEC filing. Brigade Capital Management Lp acquired 3.40M shares as Kindred Healthcare Inc (NYSE:KND)’s stock rose 40.00%. The Brigade Capital Management Lp holds 3.66M shares with $35.48M value, up from 253,100 last quarter. Kindred Healthcare Inc now has $814.05M valuation. The stock decreased 1.11% or $0.1 during the last trading session, reaching $8.9. About 1.54 million shares traded. Kindred Healthcare, Inc. (NYSE:KND) has declined 11.89% since February 16, 2017 and is downtrending. It has underperformed by 28.59% the S&P500.

Globeflex Capital LP decreased Dte Energy Co (DTE) stake by 54.61% reported in 2017Q3 SEC filing. Globeflex Capital LP sold 6,875 shares as Dte Energy Co (DTE)’s stock rose 8.06%. The Globeflex Capital LP holds 5,714 shares with $613,000 value, down from 12,589 last quarter. Dte Energy Co now has $18.80 billion valuation. The stock increased 1.59% or $1.64 during the last trading session, reaching $104.79. About 875,599 shares traded. DTE Energy Company (NYSE:DTE) has risen 19.61% since February 16, 2017 and is uptrending. It has outperformed by 2.91% the S&P500.

Among 10 analysts covering Kindred Healthcare Inc. (NYSE:KND), 2 have Buy rating, 1 Sell and 7 Hold. Therefore 20% are positive. Kindred Healthcare Inc. had 33 analyst reports since September 2, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Hold” rating in Monday, June 12 report. As per Monday, December 18, the company rating was maintained by Mizuho. The firm earned “Outperform” rating on Friday, November 6 by RBC Capital Markets. Mizuho initiated Kindred Healthcare, Inc. (NYSE:KND) rating on Thursday, October 1. Mizuho has “Neutral” rating and $16.75 target. UBS maintained the shares of KND in report on Tuesday, August 9 with “Neutral” rating. RBC Capital Markets maintained it with “Sector Perform” rating and $7.50 target in Thursday, September 21 report. Wells Fargo downgraded the shares of KND in report on Thursday, November 5 to “Market Perform” rating. The stock of Kindred Healthcare, Inc. (NYSE:KND) earned “Neutral” rating by JP Morgan on Wednesday, September 16. As per Sunday, October 22, the company rating was maintained by RBC Capital Markets. Mizuho maintained the stock with “Neutral” rating in Thursday, January 14 report.

Investors sentiment increased to 1.32 in Q3 2017. Its up 0.05, from 1.27 in 2017Q2. It is positive, as 26 investors sold KND shares while 39 reduced holdings. 26 funds opened positions while 60 raised stakes. 77.21 million shares or 1.55% more from 76.03 million shares in 2017Q2 were reported. Jpmorgan Chase And holds 0.01% in Kindred Healthcare, Inc. (NYSE:KND) or 3.57 million shares. Tci Wealth Advsrs Incorporated accumulated 179 shares. Aperio Grp Lc invested in 0% or 38,401 shares. Alps Advisors has 0% invested in Kindred Healthcare, Inc. (NYSE:KND). Bancorp Of Nova Scotia accumulated 905,417 shares. Price T Rowe Associate Incorporated Md reported 29,023 shares. Mutual Of America Capital Management Lc holds 165,867 shares or 0.02% of its portfolio. Bessemer Gp stated it has 3,480 shares or 0% of all its holdings. 63,528 are owned by Texas Permanent School Fund. Advisors Asset Mngmt holds 66,354 shares. New York-based Millennium Lc has invested 0.01% in Kindred Healthcare, Inc. (NYSE:KND). The California-based Menta Capital Limited Liability has invested 0.12% in Kindred Healthcare, Inc. (NYSE:KND). Cubist Systematic Strategies Limited reported 0.02% in Kindred Healthcare, Inc. (NYSE:KND). Profund Lc owns 15,496 shares for 0% of their portfolio. Massachusetts Fincl Ma invested in 0% or 106,611 shares.

Kindred Healthcare, Inc. provides healthcare services in the United States. The company has market cap of $814.05 million. It operates in six divisions: Hospitals, Home Health Services, Hospice Services, Kindred Hospital Rehabilitation Services, RehabCare, and Nursing Centers. It currently has negative earnings. The firm provides long-term acute care services to post-intensive care and medically complex patients, including the critically ill, suffering from multiple organ system failures, most commonly of the cardiovascular, pulmonary, kidney, gastro-intestinal, and cutaneous systems.

Brigade Capital was founded in 2006 by Don Morgan after he left MacKay Shields. Brigade Capital is a traditional hedge fund, focusing on high yield as well as long/short credit and distressed debt. Brigade Capital Management Lp is a New York-based hedge fund that was founded by Don Morgan. It had more than $17.09 billion assets under management in November, 2014. This fund invests only a small percentage of its assets in equities and options. Taken from Brigade Capital Management latest Adv, the fund reported to have 92 full and part-time employees. Among which 40 performing investment advisory and research functions. The hedge fund had between 26-100 clients.

Investors sentiment decreased to 0.96 in Q3 2017. Its down 0.10, from 1.06 in 2017Q2. It turned negative, as 35 investors sold DTE shares while 176 reduced holdings. 44 funds opened positions while 158 raised stakes. 119.85 million shares or 3.77% less from 124.54 million shares in 2017Q2 were reported. Natixis reported 0.01% in DTE Energy Company (NYSE:DTE). 12,294 are held by Citadel Advsr Limited Liability Corporation. Hudock Cap Grp Inc Limited Liability accumulated 538 shares. Lazard Asset Llc owns 53 shares for 0% of their portfolio. Wesbanco National Bank invested 0.01% of its portfolio in DTE Energy Company (NYSE:DTE). 20,546 are owned by Amalgamated Bankshares. Louisiana State Employees Retirement Systems owns 11,200 shares or 0.06% of their US portfolio. Gabelli Funds Lc holds 0.01% in DTE Energy Company (NYSE:DTE) or 21,000 shares. Arrow Financial owns 0.01% invested in DTE Energy Company (NYSE:DTE) for 415 shares. Guardian Life Of America invested in 0.01% or 408 shares. Comml Bank Of Nova Scotia accumulated 31,406 shares. Canada Pension Plan Board, a Ontario – Canada-based fund reported 233,457 shares. Nuveen Asset Mngmt Ltd Liability owns 148,334 shares. Ledyard Commercial Bank invested in 0% or 275 shares. Oregon Public Employees Retirement Fund stated it has 19,213 shares.

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