Old Point Trust & Financial Services N A increased its stake in Kinder Morgan Inc (KMI) by 30.9% based on its latest 2017Q3 regulatory filing with the SEC. Old Point Trust & Financial Services N A bought 31,550 shares as the company’s stock declined 10.34% while stock markets rallied. The institutional investor held 133,650 shares of the public utilities company at the end of 2017Q3, valued at $2.56M, up from 102,100 at the end of the previous reported quarter. Old Point Trust & Financial Services N A who had been investing in Kinder Morgan Inc for a number of months, seems to be bullish on the $37.53B market cap company. The stock increased 2.10% or $0.35 during the last trading session, reaching $17.01. About 9.75 million shares traded. Kinder Morgan, Inc. (NYSE:KMI) has risen 13.09% since February 24, 2017 and is uptrending. It has underperformed by 3.61% the S&P500.
Bright Rock Capital Management Llc increased its stake in Wells Fargo & Co (WFC) by 11.54% based on its latest 2017Q3 regulatory filing with the SEC. Bright Rock Capital Management Llc bought 18,000 shares as the company’s stock declined 8.66% while stock markets rallied. The institutional investor held 174,000 shares of the major banks company at the end of 2017Q3, valued at $9.60M, up from 156,000 at the end of the previous reported quarter. Bright Rock Capital Management Llc who had been investing in Wells Fargo & Co for a number of months, seems to be bullish on the $289.44B market cap company. The stock increased 0.61% or $0.36 during the last trading session, reaching $59.17. About 21.10 million shares traded. Wells Fargo & Company (NYSE:WFC) has risen 9.67% since February 24, 2017 and is uptrending. It has underperformed by 7.03% the S&P500.
Among 39 analysts covering Wells Fargo & Company (NYSE:WFC), 15 have Buy rating, 8 Sell and 16 Hold. Therefore 38% are positive. Wells Fargo & Company had 131 analyst reports since July 29, 2015 according to SRatingsIntel. The company was upgraded on Wednesday, September 2 by Sandler O’Neill. As per Wednesday, April 19, the company rating was maintained by Evercore. The rating was maintained by RBC Capital Markets on Thursday, July 27 with “Buy”. The stock has “Overweight” rating by Barclays Capital on Tuesday, January 3. Compass Point maintained Wells Fargo & Company (NYSE:WFC) rating on Tuesday, January 19. Compass Point has “Neutral” rating and $54.0 target. The stock of Wells Fargo & Company (NYSE:WFC) has “Hold” rating given on Friday, October 13 by BMO Capital Markets. Nomura maintained the stock with “Buy” rating in Monday, February 5 report. The firm has “Underperform” rating by Macquarie Research given on Friday, September 25. The firm earned “Neutral” rating on Friday, October 6 by UBS. The rating was upgraded by Goldman Sachs to “Buy” on Monday, January 11.
Investors sentiment decreased to 0.73 in 2017 Q3. Its down 0.15, from 0.88 in 2017Q2. It fall, as 92 investors sold WFC shares while 725 reduced holdings. 103 funds opened positions while 495 raised stakes. 3.65 billion shares or 0.40% less from 3.66 billion shares in 2017Q2 were reported. Gw Henssler & Associates Limited owns 131,942 shares. Neville Rodie Shaw holds 237,805 shares or 1.46% of its portfolio. Daily Journal accumulated 1.59M shares. Summit Asset Mngmt Ltd Limited Liability Company invested in 11,743 shares. Narwhal Mngmt holds 1.22% or 88,895 shares. Amer Assets, a California-based fund reported 1.75M shares. Perigon Wealth Ltd Limited Liability Company has 36,992 shares. Covington Mngmt holds 193,839 shares. 20,640 are owned by Pittenger And Anderson. Spears Abacus Advisors Ltd Com, a New York-based fund reported 32,635 shares. Griffin Asset Mngmt Inc invested in 183,419 shares or 1.83% of the stock. Private Wealth accumulated 21,873 shares. Cornerstone Advisors owns 9,763 shares for 0.37% of their portfolio. Pinnacle Fincl Prtnrs holds 1.06% or 150,407 shares. Nordea Inv Ab holds 0.79% of its portfolio in Wells Fargo & Company (NYSE:WFC) for 5.93M shares.
Bright Rock Capital Management Llc, which manages about $196.00 million and $344.67M US Long portfolio, decreased its stake in Union Pac Corp (NYSE:UNP) by 5,000 shares to 69,500 shares, valued at $8.06 million in 2017Q3, according to the filing. It also reduced its holding in Thermo Fisher Scientific Inc (NYSE:TMO) by 3,000 shares in the quarter, leaving it with 39,000 shares, and cut its stake in Nextera Energy Inc (NYSE:NEE).
Since November 17, 2017, it had 0 buys, and 1 insider sale for $292,234 activity.
Among 23 analysts covering Kinder Morgan (NYSE:KMI), 14 have Buy rating, 0 Sell and 9 Hold. Therefore 61% are positive. Kinder Morgan had 75 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Kinder Morgan, Inc. (NYSE:KMI) has “Strong Buy” rating given on Monday, October 24 by Raymond James. The firm has “Overweight” rating by JP Morgan given on Monday, February 12. The stock has “Hold” rating by RBC Capital Markets on Sunday, August 27. The rating was maintained by Stifel Nicolaus on Thursday, September 21 with “Buy”. The company was maintained on Tuesday, June 20 by TD Securities. BMO Capital Markets maintained Kinder Morgan, Inc. (NYSE:KMI) on Monday, September 11 with “Buy” rating. The firm has “Hold” rating given on Tuesday, October 4 by Stifel Nicolaus. Wells Fargo downgraded the stock to “Hold” rating in Thursday, January 11 report. The company was upgraded on Thursday, October 20 by Credit Suisse. The rating was maintained by RBC Capital Markets on Thursday, October 22 with “Outperform”.