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Adams Asset Advisors Stake in Sunoco LP (SUN) Has Trimmed by $1.78 Million; Park National Has Upped Its International Business Machine (IBM) Holding by $1.12 Million as Share Price Declined

Adams Asset Advisors Llc decreased its stake in Sunoco Lp (SUN) by 20.05% based on its latest 2017Q3 regulatory filing with the SEC. Adams Asset Advisors Llc sold 57,486 shares as the company’s stock rose 8.17% with the market. The institutional investor held 229,217 shares of the oil refining and marketing company at the end of 2017Q3, valued at $7.13M, down from 286,703 at the end of the previous reported quarter. Adams Asset Advisors Llc who had been investing in Sunoco Lp for a number of months, seems to be less bullish one the $2.98B market cap company. The stock decreased 0.27% or $0.08 during the last trading session, reaching $30. About 243,664 shares traded. Sunoco LP (NYSE:SUN) has declined 6.50% since February 22, 2017 and is downtrending. It has underperformed by 23.20% the S&P500.

Park National Corp increased its stake in International Business Machine (IBM) by 3.58% based on its latest 2017Q3 regulatory filing with the SEC. Park National Corp bought 7,756 shares as the company’s stock declined 15.88% while stock markets rallied. The institutional investor held 224,540 shares of the computer manufacturing company at the end of 2017Q3, valued at $32.58 million, up from 216,784 at the end of the previous reported quarter. Park National Corp who had been investing in International Business Machine for a number of months, seems to be bullish on the $142.54B market cap company. The stock decreased 0.77% or $1.2 during the last trading session, reaching $153.96. About 3.73 million shares traded. International Business Machines Corporation (NYSE:IBM) has risen 4.86% since February 22, 2017 and is uptrending. It has underperformed by 11.84% the S&P500.

Investors sentiment decreased to 0.84 in Q3 2017. Its down 0.40, from 1.24 in 2017Q2. It turned negative, as 16 investors sold SUN shares while 27 reduced holdings. 12 funds opened positions while 24 raised stakes. 29.29 million shares or 0.38% less from 29.40 million shares in 2017Q2 were reported. Barclays Public Ltd invested in 0% or 96,460 shares. Thrivent For Lutherans reported 1,000 shares. Lpl Limited Liability Corp owns 0% invested in Sunoco LP (NYSE:SUN) for 9,516 shares. Solaris Asset Mgmt Ltd owns 1,100 shares for 0.02% of their portfolio. Cambridge Invest Research Advisors owns 14,400 shares or 0.01% of their US portfolio. Kistler has 6 shares. Texas Yale Cap holds 20,550 shares or 0.06% of its portfolio. Private Advisor Gru Incorporated Ltd accumulated 19,406 shares. Envestnet Asset Management has 0% invested in Sunoco LP (NYSE:SUN) for 11,615 shares. Cushing Asset Management Ltd Partnership reported 140,000 shares or 0.14% of all its holdings. Advisory Research holds 0.15% or 294,785 shares in its portfolio. Manufacturers Life Insur The has 0% invested in Sunoco LP (NYSE:SUN) for 6,897 shares. Ameriprise Fincl Inc has 10,781 shares. Highland Mngmt Limited Partnership owns 27,970 shares. Raymond James Financial Service stated it has 0.02% of its portfolio in Sunoco LP (NYSE:SUN).

Adams Asset Advisors Llc, which manages about $828.72M and $733.52M US Long portfolio, upped its stake in Dorchester Minerals Lp (NASDAQ:DMLP) by 35,286 shares to 519,281 shares, valued at $7.82M in 2017Q3, according to the filing. It also increased its holding in Hawaiian Holdings Inc (NASDAQ:HA) by 8,312 shares in the quarter, for a total of 24,702 shares, and has risen its stake in Superior Industries (NYSE:SUP).

Among 19 analysts covering Sunoco Inc. (NYSE:SUN), 6 have Buy rating, 3 Sell and 10 Hold. Therefore 32% are positive. Sunoco Inc. had 67 analyst reports since July 24, 2015 according to SRatingsIntel. On Monday, September 11 the stock rating was maintained by Jefferies with “Hold”. Evercore initiated Sunoco LP (NYSE:SUN) on Tuesday, October 27 with “Hold” rating. The firm has “Mkt Perform” rating by FBR Capital given on Friday, September 9. The firm earned “Neutral” rating on Thursday, August 4 by Robert W. Baird. On Thursday, November 9 the stock rating was downgraded by Mitsubishi UFJ to “Underweight”. The rating was maintained by RBC Capital Markets on Monday, October 16 with “Buy”. The firm earned “Neutral” rating on Monday, December 19 by Bank of America. Barclays Capital upgraded Sunoco LP (NYSE:SUN) rating on Friday, April 7. Barclays Capital has “Overweight” rating and $35.0 target. The company was maintained on Wednesday, May 11 by RBC Capital Markets. The firm earned “Hold” rating on Friday, January 19 by Janney Capital.

Among 33 analysts covering International Business Machines (NYSE:IBM), 13 have Buy rating, 4 Sell and 16 Hold. Therefore 39% are positive. International Business Machines had 123 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Monday, November 13 by RBC Capital Markets. S&P Research upgraded International Business Machines Corporation (NYSE:IBM) on Thursday, August 27 to “Buy” rating. The firm has “Buy” rating given on Tuesday, July 19 by Drexel Hamilton. Stifel Nicolaus maintained International Business Machines Corporation (NYSE:IBM) on Friday, January 19 with “Buy” rating. Credit Suisse maintained the shares of IBM in report on Tuesday, July 19 with “Underperform” rating. The company was initiated on Friday, November 20 by JMP Securities. On Wednesday, August 26 the stock rating was upgraded by Argus Research to “Buy”. BMO Capital Markets maintained the shares of IBM in report on Friday, January 19 with “Hold” rating. The firm has “Hold” rating by BMO Capital Markets given on Wednesday, August 30. Stifel Nicolaus maintained the shares of IBM in report on Thursday, October 5 with “Buy” rating.

Investors sentiment increased to 0.74 in Q3 2017. Its up 0.02, from 0.72 in 2017Q2. It improved, as 70 investors sold IBM shares while 676 reduced holdings. 100 funds opened positions while 451 raised stakes. 519.10 million shares or 2.22% less from 530.91 million shares in 2017Q2 were reported. Winch Advisory Svcs Limited Liability Company stated it has 34 shares. Beech Hill Advisors invested in 3,409 shares. Fiduciary Tru Co accumulated 107,987 shares. Moreover, Koch Industries Inc has 0.09% invested in International Business Machines Corporation (NYSE:IBM) for 2,630 shares. Principal Fincl Grp Incorporated owns 1.35M shares for 0.19% of their portfolio. Wagner Bowman Mngmt reported 2,313 shares or 0.09% of all its holdings. Amf Pensionsforsakring Ab holds 500,345 shares. Tower Bridge Advisors reported 34,142 shares stake. Signalpoint Asset Mgmt Limited Liability Company reported 4,007 shares. Private Trust Com Na invested in 0.41% or 13,023 shares. Next Finance Gp Inc owns 0.24% invested in International Business Machines Corporation (NYSE:IBM) for 5,817 shares. One Management Limited Company stated it has 2,521 shares or 0.08% of all its holdings. First Manhattan holds 0.43% or 514,249 shares. Halsey Associates Ct owns 16,106 shares or 0.46% of their US portfolio. Everett Harris & Ca accumulated 24,951 shares.

Since January 31, 2018, it had 1 insider buy, and 0 insider sales for $99,659 activity.

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