Valicenti Advisory Services Has Raised Its Newell Rubbermaid (NWL) Holding by $958,710; Kayne Anderson Capital Advisors LP Has Lowered Hoegh Lng Partners LP (HMLP) Position by $5.48 Million as Market Valuation Declined

April 21, 2018 - By Marie Mckinney

Newell Brands Inc. (NYSE:NWL) Logo

Kayne Anderson Capital Advisors Lp decreased its stake in Hoegh Lng Partners Lp (HMLP) by 14.57% based on its latest 2017Q4 regulatory filing with the SEC. Kayne Anderson Capital Advisors Lp sold 304,483 shares as the company’s stock declined 12.67% with the market. The hedge fund held 1.78M shares of the marine transportation company at the end of 2017Q4, valued at $33.28M, down from 2.09 million at the end of the previous reported quarter. Kayne Anderson Capital Advisors Lp who had been investing in Hoegh Lng Partners Lp for a number of months, seems to be less bullish one the $592.58 million market cap company. The stock increased 1.69% or $0.3 during the last trading session, reaching $18. About 271,908 shares traded or 108.49% up from the average. Höegh LNG Partners LP (NYSE:HMLP) has declined 17.88% since April 21, 2017 and is downtrending. It has underperformed by 29.43% the S&P500.

Valicenti Advisory Services Inc increased its stake in Newell Rubbermaid (NWL) by 45.31% based on its latest 2017Q4 regulatory filing with the SEC. Valicenti Advisory Services Inc bought 31,957 shares as the company’s stock declined 17.87% with the market. The institutional investor held 102,480 shares of the plastic products company at the end of 2017Q4, valued at $3.17 million, up from 70,523 at the end of the previous reported quarter. Valicenti Advisory Services Inc who had been investing in Newell Rubbermaid for a number of months, seems to be bullish on the $12.84B market cap company. The stock decreased 0.90% or $0.24 during the last trading session, reaching $26.44. About 2.76 million shares traded. Newell Brands Inc. (NYSE:NWL) has declined 47.20% since April 21, 2017 and is downtrending. It has underperformed by 58.75% the S&P500.

Kayne Anderson Capital Advisors Lp, which manages about $18.02B and $7.86 billion US Long portfolio, upped its stake in Tc Pipelines Lp (NYSE:TCP) by 789,490 shares to 2.72 million shares, valued at $144.55 million in 2017Q4, according to the filing. It also increased its holding in Cheniere Energy Ptnrs Lp Hld (NYSEMKT:CQH) by 50,134 shares in the quarter, for a total of 739,154 shares, and has risen its stake in Enlink Midstream Llc (NYSE:ENLC).

Analysts await Höegh LNG Partners LP (NYSE:HMLP) to report earnings on May, 23. They expect $0.35 earnings per share, down 14.63% or $0.06 from last year’s $0.41 per share. HMLP’s profit will be $11.52M for 12.86 P/E if the $0.35 EPS becomes a reality. After $0.57 actual earnings per share reported by Höegh LNG Partners LP for the previous quarter, Wall Street now forecasts -38.60% negative EPS growth.

Among 7 analysts covering Hoegh LNG Partners LP (NYSE:HMLP), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Hoegh LNG Partners LP had 16 analyst reports since August 14, 2015 according to SRatingsIntel. As per Tuesday, August 30, the company rating was maintained by Barclays Capital. The company was initiated on Monday, December 12 by Stifel Nicolaus. On Tuesday, July 18 the stock rating was upgraded by Barclays Capital to “Overweight”. The firm earned “Buy” rating on Wednesday, September 9 by Clarkson Capital. As per Friday, August 26, the company rating was maintained by Citigroup. The stock has “Buy” rating by Bank of America on Friday, March 2. The stock of Höegh LNG Partners LP (NYSE:HMLP) earned “Overweight” rating by Morgan Stanley on Monday, February 12. On Friday, August 25 the stock rating was maintained by Citigroup with “Buy”. On Friday, August 14 the stock rating was maintained by Citigroup with “Buy”. The stock of Höegh LNG Partners LP (NYSE:HMLP) earned “Buy” rating by Stifel Nicolaus on Thursday, September 7.

Investors sentiment decreased to 0.72 in 2017 Q4. Its down 0.39, from 1.11 in 2017Q3. It worsened, as 122 investors sold NWL shares while 201 reduced holdings. 75 funds opened positions while 158 raised stakes. 431.52 million shares or 2.56% less from 442.84 million shares in 2017Q3 were reported. Avalon Limited Liability Company reported 0.01% stake. Associated Banc has 388,509 shares. Etrade Capital Mgmt Ltd Liability Corp owns 6,544 shares or 0.01% of their US portfolio. Toronto Dominion Bancorp accumulated 0.02% or 220,043 shares. Oregon Employees Retirement Fund holds 0.04% in Newell Brands Inc. (NYSE:NWL) or 51,644 shares. Boston Partners holds 0% or 108,573 shares. Kentucky Retirement Sys Insurance Fund, a Kentucky-based fund reported 13,015 shares. Paloma Prtn Mngmt Co holds 34,843 shares. Thrivent Fincl For Lutherans accumulated 521,979 shares. Cannell Peter B & Incorporated invested in 0.03% or 26,775 shares. Valicenti Advisory owns 1.58% invested in Newell Brands Inc. (NYSE:NWL) for 102,480 shares. Moreover, Riverhead Cap Management Ltd Liability Corp has 0.02% invested in Newell Brands Inc. (NYSE:NWL). Comerica Bancorp reported 0.02% in Newell Brands Inc. (NYSE:NWL). Bankshares Of Montreal Can holds 0.02% of its portfolio in Newell Brands Inc. (NYSE:NWL) for 806,394 shares. Delta Asset Mgmt Lc Tn has invested 0.04% of its portfolio in Newell Brands Inc. (NYSE:NWL).

Newell Brands Inc. (NYSE:NWL) Institutional Positions Chart

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