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Hite Hedge Asset Management Stake in Enbridge Energy Management L (EEQ) Has Decreased as Stock Declined; As Air Lease (AL) Valuation Declined, Calamos Advisors Boosted Its Stake

Calamos Advisors Llc increased its stake in Air Lease (AL) by 11.19% based on its latest 2017Q3 regulatory filing with the SEC. Calamos Advisors Llc bought 74,526 shares as the company’s stock declined 4.16% while stock markets rallied. The institutional investor held 740,656 shares of the diversified commercial services company at the end of 2017Q3, valued at $31.57 million, up from 666,130 at the end of the previous reported quarter. Calamos Advisors Llc who had been investing in Air Lease for a number of months, seems to be bullish on the $4.72B market cap company. The stock decreased 0.37% or $0.17 during the last trading session, reaching $45.75. About 299,272 shares traded. Air Lease Corporation (NYSE:AL) has risen 29.12% since February 15, 2017 and is uptrending. It has outperformed by 12.42% the S&P500.

Hite Hedge Asset Management Llc decreased its stake in Enbridge Energy Management L (EEQ) by 2.64% based on its latest 2017Q3 regulatory filing with the SEC. Hite Hedge Asset Management Llc sold 23,644 shares as the company’s stock declined 4.12% while stock markets rallied. The hedge fund held 870,911 shares of the oil & gas production company at the end of 2017Q3, valued at $13.46 million, down from 894,555 at the end of the previous reported quarter. Hite Hedge Asset Management Llc who had been investing in Enbridge Energy Management L for a number of months, seems to be less bullish one the $1.16B market cap company. The stock increased 0.40% or $0.05 during the last trading session, reaching $12.58. About 265,676 shares traded. Enbridge Energy Management, L.L.C. (NYSE:EEQ) has declined 11.33% since February 15, 2017 and is downtrending. It has underperformed by 28.03% the S&P500.

Among 4 analysts covering Enbridge Energy Management LLC (NYSE:EEQ), 1 have Buy rating, 2 Sell and 1 Hold. Therefore 25% are positive. Enbridge Energy Management LLC had 12 analyst reports since September 11, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating given on Tuesday, November 3 by RBC Capital Markets. Ladenburg Thalmann reinitiated Enbridge Energy Management, L.L.C. (NYSE:EEQ) rating on Tuesday, November 1. Ladenburg Thalmann has “Buy” rating and $27 target. RBC Capital Markets maintained Enbridge Energy Management, L.L.C. (NYSE:EEQ) rating on Sunday, August 20. RBC Capital Markets has “Hold” rating and $21.0 target. The firm earned “Hold” rating on Monday, September 25 by RBC Capital Markets. Morgan Stanley downgraded Enbridge Energy Management, L.L.C. (NYSE:EEQ) on Thursday, June 15 to “Equal-Weight” rating. On Thursday, February 25 the stock rating was initiated by Morgan Stanley with “Underweight”. The firm earned “Sell” rating on Thursday, January 11 by Morgan Stanley. RBC Capital Markets maintained Enbridge Energy Management, L.L.C. (NYSE:EEQ) rating on Sunday, October 29. RBC Capital Markets has “Hold” rating and $21.0 target. The firm has “Sector Perform” rating given on Thursday, February 18 by RBC Capital Markets. The stock of Enbridge Energy Management, L.L.C. (NYSE:EEQ) earned “Sell” rating by Goldman Sachs on Wednesday, July 20.

Investors sentiment decreased to 1.29 in Q3 2017. Its down 0.69, from 1.98 in 2017Q2. It fall, as 20 investors sold EEQ shares while 35 reduced holdings. 10 funds opened positions while 61 raised stakes. 61.31 million shares or 0.96% more from 60.73 million shares in 2017Q2 were reported. Blackrock Incorporated invested in 262,045 shares or 0% of the stock. Ballentine Lc reported 0.04% in Enbridge Energy Management, L.L.C. (NYSE:EEQ). Seabridge Ltd Liability holds 584 shares or 0% of its portfolio. Bank Of Montreal Can stated it has 0% in Enbridge Energy Management, L.L.C. (NYSE:EEQ). Salient Cap Advisors Ltd Co reported 1.97% stake. Blackhill invested in 0.03% or 9,294 shares. National Bank Of America De owns 259,184 shares. Riverpoint Cap Mngmt Ltd Company accumulated 0.02% or 17,683 shares. Eagle Glob Advsr Ltd Liability Com has invested 1.78% in Enbridge Energy Management, L.L.C. (NYSE:EEQ). Brown Advisory holds 0% or 36,957 shares. The Switzerland-based Credit Suisse Ag has invested 0% in Enbridge Energy Management, L.L.C. (NYSE:EEQ). California Employees Retirement Sys holds 0% of its portfolio in Enbridge Energy Management, L.L.C. (NYSE:EEQ) for 99,482 shares. Us Comml Bank De accumulated 33,092 shares. Connor Clark & Lunn Inv Ltd has invested 0% of its portfolio in Enbridge Energy Management, L.L.C. (NYSE:EEQ). First Advsrs LP reported 0% in Enbridge Energy Management, L.L.C. (NYSE:EEQ).

Hite Hedge Asset Management Llc, which manages about $778.61M and $387.03 million US Long portfolio, upped its stake in Energy Transfer Equity LP (NYSE:ETE) by 434,993 shares to 495,458 shares, valued at $8.61 million in 2017Q3, according to the filing. It also increased its holding in Cone Midstream Partners Lp (NYSE:CNNX) by 68,636 shares in the quarter, for a total of 145,074 shares, and has risen its stake in Global Partners Lp (NYSE:GLP).

Among 13 analysts covering Air Lease (NYSE:AL), 9 have Buy rating, 1 Sell and 3 Hold. Therefore 69% are positive. Air Lease had 40 analyst reports since August 7, 2015 according to SRatingsIntel. RBC Capital Markets maintained Air Lease Corporation (NYSE:AL) on Thursday, September 21 with “Buy” rating. Cowen & Co maintained the stock with “Outperform” rating in Friday, November 10 report. As per Monday, December 28, the company rating was maintained by Credit Suisse. The firm has “Buy” rating by RBC Capital Markets given on Friday, May 26. RBC Capital Markets maintained it with “Top Pick” rating and $70 target in Friday, November 6 report. FBR Capital reinitiated it with “Outperform” rating and $40.0 target in Tuesday, October 13 report. The firm has “Sell” rating given on Friday, November 10 by UBS. On Friday, August 5 the stock rating was maintained by FBR Capital with “Outperform”. The company was maintained on Monday, January 8 by RBC Capital Markets. The rating was downgraded by Morgan Stanley on Thursday, April 6 to “Equal-Weight”.

Since August 23, 2017, it had 0 buys, and 7 sales for $3.64 million activity. Korde Kishore sold $89,980 worth of stock or 2,000 shares. Baer Marc H sold 7,562 shares worth $300,346. Khatibi Alex A also sold $440,000 worth of Air Lease Corporation (NYSE:AL) shares.

Calamos Advisors Llc, which manages about $26.54B and $12.93 billion US Long portfolio, decreased its stake in Allergan Plc by 23,723 shares to 157,307 shares, valued at $116.06M in 2017Q3, according to the filing. It also reduced its holding in Amgen Inc (NASDAQ:AMGN) by 15,801 shares in the quarter, leaving it with 214,010 shares, and cut its stake in Micron Technology (Prn).

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