As Brinker Intl (EAT) Stock Declined, Holder Cubic Asset Management Cut Position by $327,825; Mplx LP (MPLX) Stock Declined While Ngp Mr Management Has Boosted Holding by $10.91 Million

February 21, 2018 - By Lawrence Diaz

Cubic Asset Management Llc decreased its stake in Brinker Intl Inc (EAT) by 8.16% based on its latest 2017Q3 regulatory filing with the SEC. Cubic Asset Management Llc sold 10,575 shares as the company’s stock declined 8.41% while stock markets rallied. The institutional investor held 119,050 shares of the consumer services company at the end of 2017Q3, valued at $3.79 million, down from 129,625 at the end of the previous reported quarter. Cubic Asset Management Llc who had been investing in Brinker Intl Inc for a number of months, seems to be less bullish one the $1.51B market cap company. The stock decreased 0.64% or $0.21 during the last trading session, reaching $32.67. About 2.00 million shares traded or 20.50% up from the average. Brinker International, Inc. (NYSE:EAT) has declined 7.85% since February 21, 2017 and is downtrending. It has underperformed by 24.55% the S&P500.

Ngp Mr Management Llc increased its stake in Mplx Lp (MPLX) by 11.37% based on its latest 2017Q3 regulatory filing with the SEC. Ngp Mr Management Llc bought 311,730 shares as the company’s stock declined 7.56% while stock markets rallied. The institutional investor held 3.05 million shares of the natural gas distribution company at the end of 2017Q3, valued at $106.88 million, up from 2.74 million at the end of the previous reported quarter. Ngp Mr Management Llc who had been investing in Mplx Lp for a number of months, seems to be bullish on the $28.55 billion market cap company. The stock increased 0.25% or $0.09 during the last trading session, reaching $35.49. About 904,871 shares traded. MPLX LP (NYSE:MPLX) has risen 11.48% since February 21, 2017 and is uptrending. It has underperformed by 5.22% the S&P500.

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.22, from 1.26 in 2017Q2. It fall, as 26 investors sold MPLX shares while 79 reduced holdings. 15 funds opened positions while 94 raised stakes. 258.81 million shares or 4.21% more from 248.36 million shares in 2017Q2 were reported. Metropolitan Life Ins Communications has 434,377 shares. Hanson Mcclain Inc reported 124 shares. Kings Point Mgmt reported 109,000 shares or 0.85% of all its holdings. Comml Bank Of Montreal Can holds 0.21% of its portfolio in MPLX LP (NYSE:MPLX) for 6.49M shares. 160 are owned by Adirondack Trust. Beach Investment Counsel Inc Pa holds 0.12% or 31,730 shares. Bamco New York invested 0% in MPLX LP (NYSE:MPLX). Hilton Cap Mgmt Ltd Liability Com has 0.05% invested in MPLX LP (NYSE:MPLX) for 7,785 shares. Bokf Na stated it has 0.02% in MPLX LP (NYSE:MPLX). Brown Brothers Harriman And reported 1,000 shares or 0% of all its holdings. Envestnet Asset Management holds 14,475 shares or 0% of its portfolio. Sterling Mgmt Ltd Liability Co invested in 8,710 shares. Saratoga Research And Inv Mgmt reported 0.11% stake. Bnp Paribas Arbitrage has invested 0% of its portfolio in MPLX LP (NYSE:MPLX). Next Fincl Grp accumulated 0% or 109 shares.

Among 20 analysts covering MPLX LP (NYSE:MPLX), 15 have Buy rating, 0 Sell and 5 Hold. Therefore 75% are positive. MPLX LP had 59 analyst reports since October 20, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, February 2 by RBC Capital Markets. The firm has “Buy” rating given on Monday, October 9 by RBC Capital Markets. The stock of MPLX LP (NYSE:MPLX) earned “Hold” rating by Jefferies on Monday, February 5. Jefferies maintained MPLX LP (NYSE:MPLX) rating on Monday, August 28. Jefferies has “Buy” rating and $41 target. The firm has “Buy” rating by Deutsche Bank given on Tuesday, March 15. On Thursday, July 6 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm has “Outperform” rating by RBC Capital Markets given on Monday, May 2. The rating was initiated by Barclays Capital on Tuesday, July 19 with “Overweight”. The stock of MPLX LP (NYSE:MPLX) earned “Buy” rating by Evercore on Thursday, December 8. Mizuho maintained the stock with “Neutral” rating in Friday, October 28 report.

Since September 13, 2017, it had 0 insider buys, and 2 selling transactions for $247,258 activity. $173,258 worth of MPLX LP (NYSE:MPLX) was sold by Bromley C Corwin on Wednesday, September 13.

Analysts await Brinker International, Inc. (NYSE:EAT) to report earnings on April, 24. They expect $1.04 EPS, up 10.64% or $0.10 from last year’s $0.94 per share. EAT’s profit will be $48.20 million for 7.85 P/E if the $1.04 EPS becomes a reality. After $0.87 actual EPS reported by Brinker International, Inc. for the previous quarter, Wall Street now forecasts 19.54% EPS growth.

Since February 15, 2018, it had 0 buys, and 1 sale for $28,286 activity.

Among 24 analysts covering Brinker (NYSE:EAT), 6 have Buy rating, 2 Sell and 16 Hold. Therefore 25% are positive. Brinker had 72 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by Barclays Capital with “Hold” on Tuesday, January 16. The firm has “Neutral” rating by JP Morgan given on Thursday, June 15. The rating was maintained by Maxim Group on Thursday, January 7 with “Buy”. The firm has “Equal-Weight” rating by Stephens given on Wednesday, June 1. The stock has “Neutral” rating by Longbow on Tuesday, October 20. RBC Capital Markets maintained Brinker International, Inc. (NYSE:EAT) rating on Friday, August 12. RBC Capital Markets has “Sector Perform” rating and $55 target. The stock of Brinker International, Inc. (NYSE:EAT) earned “Sector Perform” rating by RBC Capital Markets on Friday, October 16. Maxim Group maintained the shares of EAT in report on Thursday, January 25 with “Buy” rating. The firm earned “Hold” rating on Friday, October 30 by Argus Research. RBC Capital Markets maintained the stock with “Hold” rating in Wednesday, January 24 report.

Investors sentiment increased to 1.12 in Q3 2017. Its up 0.26, from 0.86 in 2017Q2. It improved, as 35 investors sold EAT shares while 71 reduced holdings. 35 funds opened positions while 84 raised stakes. 52.96 million shares or 0.25% less from 53.09 million shares in 2017Q2 were reported. Goldman Sachs Grp invested 0.01% in Brinker International, Inc. (NYSE:EAT). Quantbot Tech LP stated it has 0.1% of its portfolio in Brinker International, Inc. (NYSE:EAT). State Board Of Administration Of Florida Retirement Sys holds 35,300 shares or 0% of its portfolio. Veritable Lp has invested 0.01% in Brinker International, Inc. (NYSE:EAT). Engineers Gate Manager LP has 23,243 shares. Susquehanna Intll Grp Inc Llp reported 117,713 shares. Secor Advisors Limited Partnership owns 141,926 shares. Moreover, Northern has 0.01% invested in Brinker International, Inc. (NYSE:EAT). Advsrs Asset Mngmt stated it has 39,695 shares or 0.02% of all its holdings. Creative Planning stated it has 6,995 shares. Ameriprise Fincl invested 0% of its portfolio in Brinker International, Inc. (NYSE:EAT). Eaton Vance holds 0% or 35,722 shares. M Holding Securities Inc holds 7,150 shares or 0.07% of its portfolio. Commercial Bank Of Ny Mellon reported 1.11M shares stake. Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 0% of its portfolio in Brinker International, Inc. (NYSE:EAT).

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