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Ngam Advisors LP Increases Holding in Cabot Oil & Gas (COG); As Mplx LP (MPLX) Stock Declined, Brookfield Asset Management Raised Holding

Brookfield Asset Management Inc increased its stake in Mplx Lp (MPLX) by 23.33% based on its latest 2017Q3 regulatory filing with the SEC. Brookfield Asset Management Inc bought 360,900 shares as the company’s stock declined 7.56% while stock markets rallied. The hedge fund held 1.91 million shares of the natural gas distribution company at the end of 2017Q3, valued at $66.78M, up from 1.55M at the end of the previous reported quarter. Brookfield Asset Management Inc who had been investing in Mplx Lp for a number of months, seems to be bullish on the $29.32B market cap company. The stock increased 0.86% or $0.31 during the last trading session, reaching $36.45. About 1.35M shares traded. MPLX LP (NYSE:MPLX) has risen 11.48% since February 15, 2017 and is uptrending. It has underperformed by 5.22% the S&P500.

Ngam Advisors Lp increased its stake in Cabot Oil & Gas Corp (COG) by 15.87% based on its latest 2017Q3 regulatory filing with the SEC. Ngam Advisors Lp bought 11,783 shares as the company’s stock rose 1.60% with the market. The institutional investor held 86,039 shares of the oil & gas production company at the end of 2017Q3, valued at $2.30M, up from 74,256 at the end of the previous reported quarter. Ngam Advisors Lp who had been investing in Cabot Oil & Gas Corp for a number of months, seems to be bullish on the $11.10 billion market cap company. The stock increased 1.14% or $0.27 during the last trading session, reaching $24. About 5.86 million shares traded or 20.43% up from the average. Cabot Oil & Gas Corporation (NYSE:COG) has risen 1.25% since February 15, 2017 and is uptrending. It has underperformed by 15.45% the S&P500.

Among 33 analysts covering Cabot Oil & Gas (NYSE:COG), 21 have Buy rating, 1 Sell and 11 Hold. Therefore 64% are positive. Cabot Oil & Gas had 106 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Cabot Oil & Gas Corporation (NYSE:COG) earned “Overweight” rating by Piper Jaffray on Monday, May 1. The company was downgraded on Tuesday, February 28 by Bernstein. As per Tuesday, August 1, the company rating was upgraded by Morgan Stanley. The firm has “Buy” rating by Citigroup given on Wednesday, January 3. SunTrust downgraded Cabot Oil & Gas Corporation (NYSE:COG) on Thursday, October 20 to “Hold” rating. On Monday, August 29 the stock rating was initiated by Williams Capital Group with “Buy”. JP Morgan initiated the shares of COG in report on Wednesday, December 9 with “Neutral” rating. The stock has “Equal-Weight” rating by Barclays Capital on Thursday, September 1. BMO Capital Markets maintained it with “Buy” rating and $3000 target in Friday, July 28 report. The firm has “Positive” rating given on Monday, February 6 by Susquehanna.

Ngam Advisors Lp, which manages about $16.78B and $9.47B US Long portfolio, decreased its stake in Novartis A G (NYSE:NVS) by 132,764 shares to 894,032 shares, valued at $76.75 million in 2017Q3, according to the filing. It also reduced its holding in Six Flags Entmt Corp New (NYSE:SIX) by 18,803 shares in the quarter, leaving it with 52,798 shares, and cut its stake in Nvidia Corp (NASDAQ:NVDA).

Since September 5, 2017, it had 0 insider purchases, and 1 sale for $319,283 activity.

Investors sentiment decreased to 1.07 in 2017 Q3. Its down 0.02, from 1.09 in 2017Q2. It dropped, as 39 investors sold COG shares while 160 reduced holdings. 60 funds opened positions while 153 raised stakes. 435.56 million shares or 1.02% less from 440.03 million shares in 2017Q2 were reported. The New York-based Stelliam Investment Management Lp has invested 9.57% in Cabot Oil & Gas Corporation (NYSE:COG). State Of New Jersey Common Pension Fund D has 0.03% invested in Cabot Oil & Gas Corporation (NYSE:COG). Cubist Systematic Strategies Ltd Llc invested 0.02% in Cabot Oil & Gas Corporation (NYSE:COG). Riggs Asset Managment Company Inc holds 0.98% of its portfolio in Cabot Oil & Gas Corporation (NYSE:COG) for 81,646 shares. 52,628 were reported by Dnb Asset Management As. Spears Abacus Advsr Ltd Liability Com reported 10,000 shares. D E Shaw Commerce holds 0.08% in Cabot Oil & Gas Corporation (NYSE:COG) or 1.96M shares. Brown Advisory invested in 18,982 shares. New Mexico Educational Retirement Board holds 43,292 shares or 0.06% of its portfolio. Arrowstreet Capital Ltd Partnership holds 208,200 shares or 0.01% of its portfolio. First Interstate Bank & Trust owns 500 shares. Cibc Asset Mgmt holds 0.02% or 145,074 shares. Guardian Life Insurance Of America holds 0% or 1,054 shares in its portfolio. Parkwood Limited accumulated 187,584 shares. Gateway Invest Advisers Ltd holds 0.01% or 28,503 shares.

Brookfield Asset Management Inc, which manages about $13.20 billion and $21.37 billion US Long portfolio, decreased its stake in Williams Partners LP New (ACMP) by 159,700 shares to 113,539 shares, valued at $4.42 million in 2017Q3, according to the filing. It also reduced its holding in Cheniere Energy Inc (NYSEMKT:LNG) by 1.25 million shares in the quarter, leaving it with 626,300 shares, and cut its stake in Enterprise Prods Partners L (NYSE:EPD).

Since September 13, 2017, it had 0 insider buys, and 2 sales for $247,258 activity. Floerke Gregory Scott had sold 2,000 shares worth $74,000.

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.22, from 1.26 in 2017Q2. It is negative, 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. Comerica State Bank accumulated 12,696 shares. The Kansas-based Creative Planning has invested 0% in MPLX LP (NYSE:MPLX). Blackrock has invested 0% in MPLX LP (NYSE:MPLX). Fiera Capital Corporation holds 10,042 shares. M&R Follow holds 100% in MPLX LP (NYSE:MPLX) or 2.82M shares. Cohen Steers Inc holds 0.08% in MPLX LP (NYSE:MPLX) or 881,148 shares. Green Square Limited Liability Company holds 30,367 shares. Parametric Lc has 0.03% invested in MPLX LP (NYSE:MPLX) for 734,245 shares. Verition Fund Management Lc accumulated 210,000 shares or 0.59% of the stock. Obermeyer Wood Inv Counsel Lllp holds 236,716 shares. 87,200 are owned by Prudential Public Limited Company. Goodwin Daniel L invested in 0.59% or 38,000 shares. Homrich Berg reported 11,475 shares. Thompson Davis And holds 0.01% or 218 shares in its portfolio. Vantage Advisors Ltd Limited Liability Company invested in 0.01% or 1,000 shares.

Among 20 analysts covering MPLX LP (NYSE:MPLX), 15 have Buy rating, 0 Sell and 5 Hold. Therefore 75% are positive. MPLX LP has $55 highest and $26 lowest target. $40.16’s average target is 10.18% above currents $36.45 stock price. MPLX LP had 59 analyst reports since October 20, 2015 according to SRatingsIntel. Credit Suisse upgraded the shares of MPLX in report on Friday, April 29 to “Outperform” rating. The stock of MPLX LP (NYSE:MPLX) has “Buy” rating given on Tuesday, May 3 by Ladenburg Thalmann. The rating was downgraded by Jefferies on Monday, February 5 to “Hold”. The stock has “Buy” rating by RBC Capital Markets on Friday, February 2. As per Friday, April 8, the company rating was downgraded by Evercore. As per Friday, October 28, the company rating was maintained by Mizuho. The stock of MPLX LP (NYSE:MPLX) earned “Buy” rating by Citigroup on Tuesday, April 19. Mizuho maintained it with “Buy” rating and $42.0 target in Friday, February 2 report. The firm has “Buy” rating given on Friday, July 28 by RBC Capital Markets. The firm has “Overweight” rating by Mitsubishi UFJ given on Wednesday, March 1.

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