Stock News

As Enbridge (ENB) Stock Price Declined, Capital International LTD Has Raised by $3.48 Million Its Position; Davita (DVA) Holder Skylands Capital Decreased Its Position

Charles Paquelet decreased its stake in Davita Inc (DVA) by 41.49% based on its latest 2017Q3 regulatory filing with the SEC. Skylands Capital Llc sold 5,850 shares as the company’s stock declined 3.48% while stock markets rallied. The hedge fund run by Charles Paquelet held 8,250 shares of the hospital and nursing management company at the end of 2017Q3, valued at $490,000, down from 14,100 at the end of the previous reported quarter. Skylands Capital Llc who had been investing in Davita Inc for a number of months, seems to be less bullish one the $13.22 billion market cap company. The stock increased 0.53% or $0.38 during the last trading session, reaching $72.45. About 590,690 shares traded. DaVita Inc. (NYSE:DVA) has declined 16.51% since February 23, 2017 and is downtrending. It has underperformed by 33.21% the S&P500.

Capital International Ltd increased its stake in Enbridge Inc (ENB) by 8.46% based on its latest 2017Q3 regulatory filing with the SEC. Capital International Ltd bought 84,900 shares as the company’s stock declined 5.78% while stock markets rallied. The institutional investor held 1.09M shares of the natural gas distribution company at the end of 2017Q3, valued at $45.36M, up from 1.00 million at the end of the previous reported quarter. Capital International Ltd who had been investing in Enbridge Inc for a number of months, seems to be bullish on the $57.14B market cap company. The stock increased 0.81% or $0.27 during the last trading session, reaching $33.75. About 1.97 million shares traded. Enbridge Inc. (NYSE:ENB) has declined 0.40% since February 23, 2017 and is downtrending. It has underperformed by 17.10% the S&P500.

Among 15 analysts covering Enbridge Inc. (NYSE:ENB), 6 have Buy rating, 0 Sell and 9 Hold. Therefore 40% are positive. Enbridge Inc. had 23 analyst reports since August 4, 2015 according to SRatingsIntel. As per Friday, July 14, the company rating was maintained by Morgan Stanley. Credit Suisse downgraded it to “Neutral” rating and $54 target in Thursday, February 4 report. JP Morgan initiated the stock with “Overweight” rating in Tuesday, December 15 report. The rating was maintained by Wells Fargo with “Market Perform” on Monday, April 3. RBC Capital Markets maintained it with “Outperform” rating and $71 target in Friday, October 9 report. The rating was downgraded by Goldman Sachs on Wednesday, July 20 to “Neutral”. The firm earned “Neutral” rating on Tuesday, March 8 by Credit Suisse. The company was initiated on Friday, June 23 by J.P. Morgan. The rating was initiated by Bank of America with “Neutral” on Thursday, September 1. On Friday, February 9 the stock rating was maintained by Morgan Stanley with “Equal-Weight”.

Capital International Ltd, which manages about $1.52 billion US Long portfolio, decreased its stake in Amazon.Com Inc (NASDAQ:AMZN) by 2,100 shares to 17,355 shares, valued at $16.68 million in 2017Q3, according to the filing. It also reduced its holding in Johnson And Johnson (NYSE:JNJ) by 5,600 shares in the quarter, leaving it with 126,700 shares, and cut its stake in Halliburton Co (NYSE:HAL).

Skylands Capital Llc, which manages about $986.41M and $752.20M US Long portfolio, upped its stake in F M C Corp (NYSE:FMC) by 13,590 shares to 84,940 shares, valued at $7.59 million in 2017Q3, according to the filing. It also increased its holding in Flotek Inds Inc Del (NYSE:FTK) by 185,050 shares in the quarter, for a total of 395,850 shares, and has risen its stake in Franklin Finl Network Inc.

Since December 7, 2017, it had 0 buys, and 6 sales for $8.31 million activity. ZUMWALT LEANNE M sold $64,711 worth of stock or 949 shares. Rodriguez Javier sold 22,532 shares worth $1.52 million. BERG CHARLES also sold $488,016 worth of DaVita Inc. (NYSE:DVA) on Monday, December 11. 81,800 shares were sold by THIRY KENT J, worth $5.57M on Friday, December 8.

Analysts await DaVita Inc. (NYSE:DVA) to report earnings on May, 1. They expect $0.91 EPS, up 15.19% or $0.12 from last year’s $0.79 per share. DVA’s profit will be $166.04 million for 19.90 P/E if the $0.91 EPS becomes a reality. After $0.92 actual EPS reported by DaVita Inc. for the previous quarter, Wall Street now forecasts -1.09% negative EPS growth.

Leave a Reply

Your email address will not be published. Required fields are marked *