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Visteon (VC) Shareholder Smith Asset Management Group LP Cut Stake as Share Price Rose; Castleark Management Holding in Magellan Midstream Prtnrs LP (MMP) Has Trimmed as Stock Declined

Smith Asset Management Group Lp decreased its stake in Visteon Corp (VC) by 19.03% based on its latest 2017Q3 regulatory filing with the SEC. Smith Asset Management Group Lp sold 19,000 shares as the company’s stock rose 9.26% with the market. The hedge fund held 80,850 shares of the o.e.m. company at the end of 2017Q3, valued at $10.01 million, down from 99,850 at the end of the previous reported quarter. Smith Asset Management Group Lp who had been investing in Visteon Corp for a number of months, seems to be less bullish one the $3.84B market cap company. The stock decreased 0.70% or $0.87 during the last trading session, reaching $123.5. About 235,176 shares traded. Visteon Corporation (NYSE:VC) has risen 41.15% since February 20, 2017 and is uptrending. It has outperformed by 24.45% the S&P500.

Castleark Management Llc decreased its stake in Magellan Midstream Prtnrs Lp (MMP) by 5.77% based on its latest 2017Q3 regulatory filing with the SEC. Castleark Management Llc sold 6,500 shares as the company’s stock declined 7.68% while stock markets rallied. The institutional investor held 106,192 shares of the natural gas distribution company at the end of 2017Q3, valued at $7.55M, down from 112,692 at the end of the previous reported quarter. Castleark Management Llc who had been investing in Magellan Midstream Prtnrs Lp for a number of months, seems to be less bullish one the $15.20B market cap company. The stock decreased 0.92% or $0.62 during the last trading session, reaching $66.64. About 1.12 million shares traded or 21.52% up from the average. Magellan Midstream Partners, L.P. (NYSE:MMP) has risen 3.55% since February 20, 2017 and is uptrending. It has underperformed by 13.15% the S&P500.

Since September 14, 2017, it had 0 buys, and 2 selling transactions for $1.87 million activity. On Monday, February 12 MEARS MICHAEL N sold $1.51 million worth of Magellan Midstream Partners, L.P. (NYSE:MMP) or 22,251 shares.

Investors sentiment is 0.9 in 2017 Q3. Its the same as in 2017Q2. It is flat, as 42 investors sold MMP shares while 161 reduced holdings. only 40 funds opened positions while 142 raised stakes. 134.51 million shares or 2.12% more from 131.72 million shares in 2017Q2 were reported. Arcadia Invest Mi invested 0.13% in Magellan Midstream Partners, L.P. (NYSE:MMP). State Street reported 0% stake. Moreover, Pennsylvania Trust has 0.12% invested in Magellan Midstream Partners, L.P. (NYSE:MMP). Whittier Tru Of Nevada Inc invested 0.01% in Magellan Midstream Partners, L.P. (NYSE:MMP). Associated Banc invested in 12,252 shares. Summit Equities owns 13,914 shares. Ray Gerald L Assocs Ltd holds 0.79% or 89,686 shares. Moreover, Alliancebernstein LP has 0% invested in Magellan Midstream Partners, L.P. (NYSE:MMP). Noesis Capital Mangement has invested 0.41% of its portfolio in Magellan Midstream Partners, L.P. (NYSE:MMP). Wasatch Advsrs holds 0.02% or 21,971 shares in its portfolio. Essex reported 6,177 shares. Davis R M Incorporated has 9,173 shares. Gru One Trading Ltd Partnership reported 43,610 shares. Narwhal Management holds 0.53% of its portfolio in Magellan Midstream Partners, L.P. (NYSE:MMP) for 30,350 shares. Renaissance Techs Lc holds 324,016 shares.

Among 23 analysts covering Magellan Midstream Partners L.P. (NYSE:MMP), 12 have Buy rating, 3 Sell and 8 Hold. Therefore 52% are positive. Magellan Midstream Partners L.P. had 59 analyst reports since August 7, 2015 according to SRatingsIntel. Morgan Stanley initiated Magellan Midstream Partners, L.P. (NYSE:MMP) on Thursday, February 25 with “Equal-Weight” rating. The stock of Magellan Midstream Partners, L.P. (NYSE:MMP) earned “Market Perform” rating by Wells Fargo on Wednesday, January 11. The stock has “Hold” rating by Stifel Nicolaus on Thursday, September 7. RBC Capital Markets maintained Magellan Midstream Partners, L.P. (NYSE:MMP) rating on Tuesday, June 20. RBC Capital Markets has “Hold” rating and $80 target. RBC Capital Markets maintained it with “Hold” rating and $8000 target in Sunday, July 23 report. The firm has “Buy” rating given on Wednesday, July 13 by Ladenburg Thalmann. Goldman Sachs upgraded the shares of MMP in report on Thursday, December 15 to “Buy” rating. Citigroup maintained the stock with “Buy” rating in Friday, August 7 report. As per Thursday, September 21, the company rating was upgraded by Citigroup. The company was maintained on Friday, April 29 by RBC Capital Markets.

Castleark Management Llc, which manages about $3.86B and $3.19 billion US Long portfolio, upped its stake in Illumina Inc (NASDAQ:ILMN) by 119,571 shares to 121,831 shares, valued at $24.27 million in 2017Q3, according to the filing. It also increased its holding in E Trade Financial Corp (NASDAQ:ETFC) by 31,490 shares in the quarter, for a total of 129,030 shares, and has risen its stake in Wabco Hldgs Inc (NYSE:WBC).

Among 18 analysts covering Visteon (NYSE:VC), 9 have Buy rating, 0 Sell and 9 Hold. Therefore 50% are positive. Visteon had 53 analyst reports since August 28, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Morgan Stanley given on Thursday, January 25. The stock of Visteon Corporation (NASDAQ:VC) has “Hold” rating given on Sunday, July 23 by RBC Capital Markets. FBR Capital maintained Visteon Corporation (NASDAQ:VC) rating on Friday, April 29. FBR Capital has “Outperform” rating and $90 target. The rating was initiated by Morgan Stanley with “Equal-Weight” on Monday, April 24. The stock of Visteon Corporation (NASDAQ:VC) has “Hold” rating given on Tuesday, December 19 by RBC Capital Markets. The rating was upgraded by Wells Fargo on Monday, July 31 to “Buy”. On Monday, April 3 the stock rating was initiated by Goldman Sachs with “Buy”. The firm has “Buy” rating by FBR Capital given on Wednesday, January 10. As per Friday, July 28, the company rating was downgraded by Gabelli. The firm has “Buy” rating by FBR Capital given on Tuesday, January 16.

Smith Asset Management Group Lp, which manages about $2.91 billion and $2.99B US Long portfolio, upped its stake in Wyndham Worldwide Corp (NYSE:WYN) by 472,464 shares to 748,347 shares, valued at $25.81 million in 2017Q3, according to the filing. It also increased its holding in Apple Inc (NASDAQ:AAPL) by 133,004 shares in the quarter, for a total of 826,705 shares, and has risen its stake in Praxair Inc (NYSE:PX).

Analysts await Visteon Corporation (NASDAQ:VC) to report earnings on February, 22. They expect $1.70 EPS, down 6.59% or $0.12 from last year’s $1.82 per share. VC’s profit will be $52.87 million for 18.16 P/E if the $1.70 EPS becomes a reality. After $1.42 actual EPS reported by Visteon Corporation for the previous quarter, Wall Street now forecasts 19.72% EPS growth.

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