Greystone Managed Investments Has Lifted Holding in Eog Res (EOG) as Stock Price Declined; Franklin Resources Upped Position in Universal Display (OLED) by $1.79 Million

April 18, 2018 - By Ellis Scott

EOG Resources, Inc. (NYSE:EOG) Logo

Franklin Resources Inc increased its stake in Universal Display Corp (OLED) by 101.96% based on its latest 2017Q4 regulatory filing with the SEC. Franklin Resources Inc bought 10,400 shares as the company’s stock declined 40.02% with the market. The institutional investor held 20,600 shares of the electrical products company at the end of 2017Q4, valued at $3.56 million, up from 10,200 at the end of the previous reported quarter. Franklin Resources Inc who had been investing in Universal Display Corp for a number of months, seems to be bullish on the $4.70B market cap company. The stock increased 1.60% or $1.58 during the last trading session, reaching $99.78. About 137,493 shares traded. Universal Display Corporation (NASDAQ:OLED) has risen 25.73% since April 18, 2017 and is uptrending. It has outperformed by 14.18% the S&P500.

Greystone Managed Investments Inc increased its stake in Eog Res Inc (EOG) by 11.26% based on its latest 2017Q4 regulatory filing with the SEC. Greystone Managed Investments Inc bought 8,685 shares as the company’s stock declined 0.73% with the market. The institutional investor held 85,811 shares of the energy company at the end of 2017Q4, valued at $9.26 million, up from 77,126 at the end of the previous reported quarter. Greystone Managed Investments Inc who had been investing in Eog Res Inc for a number of months, seems to be bullish on the $65.34B market cap company. The stock increased 1.59% or $1.77 during the last trading session, reaching $112.92. About 748,317 shares traded. EOG Resources, Inc. (NYSE:EOG) has risen 13.87% since April 18, 2017 and is uptrending. It has outperformed by 2.32% the S&P500.

Greystone Managed Investments Inc, which manages about $2.41 billion US Long portfolio, decreased its stake in Yy Inc (NASDAQ:YY) by 9,600 shares to 54,200 shares, valued at $6.13 million in 2017Q4, according to the filing. It also reduced its holding in Pembina Pipeline Corp (NYSE:PBA) by 15,803 shares in the quarter, leaving it with 2.05 million shares, and cut its stake in Mastercard Incorporated (NYSE:MA).

Since January 10, 2018, it had 0 buys, and 3 insider sales for $6.91 million activity. Donaldson Michael P had sold 15,322 shares worth $1.75 million on Thursday, January 11. 5,570 shares were sold by Trice David W, worth $646,120 on Friday, January 12.

Among 39 analysts covering EOG Resources (NYSE:EOG), 29 have Buy rating, 0 Sell and 10 Hold. Therefore 74% are positive. EOG Resources had 128 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of EOG Resources, Inc. (NYSE:EOG) has “Outperform” rating given on Monday, August 10 by Credit Agricole. The company was upgraded on Friday, November 11 by Guggenheim. The company was maintained on Thursday, September 22 by Citigroup. The firm has “Buy” rating given on Thursday, December 1 by Stifel Nicolaus. The company was downgraded on Thursday, May 19 by Johnson Rice. The rating was upgraded by Capital One on Wednesday, November 16 to “Overweight”. The company was maintained on Thursday, July 20 by RBC Capital Markets. The stock has “Neutral” rating by Bank of America on Thursday, January 4. As per Monday, November 9, the company rating was downgraded by Raymond James. On Thursday, May 11 the stock rating was maintained by William Blair with “Outperform”.

Investors sentiment increased to 0.97 in 2017 Q4. Its up 0.15, from 0.82 in 2017Q3. It improved, as 48 investors sold EOG shares while 332 reduced holdings. 112 funds opened positions while 257 raised stakes. 477.30 million shares or 0.36% less from 479.04 million shares in 2017Q3 were reported. Signaturefd Llc holds 0.03% or 2,435 shares in its portfolio. Moneta Invest Advsr Lc holds 0.09% or 5,269 shares in its portfolio. Caisse De Depot Et Placement Du Quebec, Quebec – Canada-based fund reported 23,509 shares. First Commonwealth Corporation Pa holds 3,427 shares. Regions holds 28,240 shares. Duncker Streett And holds 0.21% or 7,550 shares. First Mercantile owns 30,940 shares. Liberty Mutual Group Asset Management holds 0.07% or 23,015 shares. Whittier Tru Communication Of Nevada Inc has invested 0.01% in EOG Resources, Inc. (NYSE:EOG). Amer Bancshares owns 200 shares. Moreover, Rockefeller Finance Svcs has 0.04% invested in EOG Resources, Inc. (NYSE:EOG). Nuveen Asset Mgmt Ltd Llc stated it has 0.01% of its portfolio in EOG Resources, Inc. (NYSE:EOG). First Allied Advisory Services Inc owns 2,804 shares. Moreover, Rothschild Inv Corp Il has 0.06% invested in EOG Resources, Inc. (NYSE:EOG) for 4,990 shares. Moreover, Private Trust Na has 0.23% invested in EOG Resources, Inc. (NYSE:EOG).

Investors sentiment decreased to 1.19 in 2017 Q4. Its down 0.08, from 1.27 in 2017Q3. It dropped, as 34 investors sold OLED shares while 96 reduced holdings. 69 funds opened positions while 86 raised stakes. 28.43 million shares or 3.54% less from 29.47 million shares in 2017Q3 were reported. Advisory Ser Network Ltd Llc owns 0.1% invested in Universal Display Corporation (NASDAQ:OLED) for 6,976 shares. 62,346 were reported by Millennium Management. Daiwa Secs Grp Incorporated accumulated 2,700 shares or 0% of the stock. Macquarie reported 0.02% of its portfolio in Universal Display Corporation (NASDAQ:OLED). Bryn Mawr invested in 0.06% or 6,300 shares. Tocqueville Asset Mgmt LP has 8,195 shares for 0.02% of their portfolio. State Common Retirement Fund reported 112,754 shares. Redwood Ltd has invested 0.27% of its portfolio in Universal Display Corporation (NASDAQ:OLED). Baystate Wealth Mgmt Ltd owns 0.01% invested in Universal Display Corporation (NASDAQ:OLED) for 275 shares. Us Comml Bank De holds 729 shares or 0% of its portfolio. Westwood Corporation Il invested in 0.41% or 17,000 shares. Point72 Asia (Hong Kong) Limited owns 163 shares or 0.02% of their US portfolio. Hanson Mcclain reported 0% in Universal Display Corporation (NASDAQ:OLED). Price Cap Mgmt holds 9,626 shares or 0.57% of its portfolio. Wealthtrust Axiom Limited Com reported 1,330 shares.

Franklin Resources Inc, which manages about $208.39B US Long portfolio, decreased its stake in Orbcomm Inc (NASDAQ:ORBC) by 1.67M shares to 250,000 shares, valued at $2.55M in 2017Q4, according to the filing. It also reduced its holding in Laureate Education Inc by 37,259 shares in the quarter, leaving it with 2.18 million shares, and cut its stake in Banco Macro Sa (NYSE:BMA).

Universal Display Corporation (NASDAQ:OLED) Institutional Positions Chart

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