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Kayne Anderson Capital Advisors LP Has Trimmed By $5.48 Million Its Hoegh Lng Partners LP (HMLP) Holding; Travelers Property Casualty (TAP) Sentiment Is 1.12

Molson Coors Brewing Company (NYSE:TAP) Logo

Kayne Anderson Capital Advisors Lp decreased Hoegh Lng Partners Lp (HMLP) stake by 14.57% reported in 2017Q4 SEC filing. Kayne Anderson Capital Advisors Lp sold 304,483 shares as Hoegh Lng Partners Lp (HMLP)’s stock declined 12.67%. The Kayne Anderson Capital Advisors Lp holds 1.78M shares with $33.28 million value, down from 2.09 million last quarter. Hoegh Lng Partners Lp now has $582.70 million valuation. The stock increased 0.57% or $0.1 during the last trading session, reaching $17.7. About 9,456 shares traded. Höegh LNG Partners LP (NYSE:HMLP) has declined 17.88% since April 16, 2017 and is downtrending. It has underperformed by 29.43% the S&P500.

Travelers Property Casualty Corp (TAP) investors sentiment decreased to 1.12 in 2017 Q4. It’s down -0.08, from 1.2 in 2017Q3. The ratio dropped, as 223 funds started new or increased positions, while 200 reduced and sold their stock positions in Travelers Property Casualty Corp. The funds in our database now have: 162.13 million shares, down from 164.46 million shares in 2017Q3. Also, the number of funds holding Travelers Property Casualty Corp in top ten positions increased from 2 to 5 for an increase of 3. Sold All: 62 Reduced: 138 Increased: 157 New Position: 66.

Analysts await Höegh LNG Partners LP (NYSE:HMLP) to report earnings on May, 23. They expect $0.34 earnings per share, down 17.07% or $0.07 from last year’s $0.41 per share. HMLP’s profit will be $11.19M for 13.01 P/E if the $0.34 EPS becomes a reality. After $0.57 actual earnings per share reported by Höegh LNG Partners LP for the previous quarter, Wall Street now forecasts -40.35% negative EPS growth.

Among 7 analysts covering Hoegh LNG Partners LP (NYSE:HMLP), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Hoegh LNG Partners LP had 16 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, October 12 by Stifel Nicolaus. The stock of Höegh LNG Partners LP (NYSE:HMLP) has “Buy” rating given on Friday, March 2 by Bank of America. Stifel Nicolaus maintained it with “Buy” rating and $22.0 target in Thursday, September 7 report. Citigroup maintained it with “Buy” rating and $24 target in Friday, August 14 report. The rating was upgraded by Barclays Capital on Tuesday, July 18 to “Overweight”. The rating was maintained by Citigroup with “Buy” on Friday, August 25. The firm has “Buy” rating given on Wednesday, September 9 by Clarkson Capital. The firm has “Overweight” rating given on Wednesday, November 2 by Morgan Stanley. As per Thursday, July 20, the company rating was maintained by Stifel Nicolaus. The stock has “Accumulate” rating by Seaport Global Securities on Wednesday, January 6.

Kayne Anderson Capital Advisors Lp increased Enviva Partners Lp stake by 193,500 shares to 202,000 valued at $5.58 million in 2017Q4. It also upped Nustar Energy Lp (NYSE:NS) stake by 55,100 shares and now owns 939,700 shares. Enbridge Energy Partners LP (NYSE:EEP) was raised too.

Molson Coors Brewing Company manufactures and sells beer and other beverage products in the United States, Canada, Europe, and internationally. The company has market cap of $15.86 billion. It sells various products under the Coors Light, Miller Lite, Coors Banquet, the Blue Moon Brewing Company brands, the Jacob Leinenkugel Brewing Company brands, Keystone, Icehouse, MickeyÂ’s, Miller 64, Miller Genuine Draft, Miller High Life, MilwaukeeÂ’s Best, Hamm's, Olde English 800, Steel Reserve, Crispin, Smith & Forge, Redd's, the HenryÂ’s Hard Soda, and Steel Reserve Alloy Series brands. It has a 11.26 P/E ratio. The firm also offers various brands, including Molson Canadian, Belgian Moon, Carling, Carling Black Label, Creemore Springs, the Granville Island, Mad Jack, the Miller, Molson Canadian 67, Molson Canadian Cider, Molson Dry, Molson Export, Old Style Pilsner, and the Rickard's family of brands.

Ratings analysis reveals 50% of Molson Coors Brewing’s analysts are positive. Out of 4 Wall Street analysts rating Molson Coors Brewing, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $106.0 while the high is $159.0. The stock’s average target of $121.25 is 65.01% above today’s ($73.48) share price. TAP was included in 4 notes of analysts from September 21, 2016. The stock of Molson Coors Brewing Company (NYSE:TAP) earned “Buy” rating by Stifel Nicolaus on Tuesday, December 20. The firm has “Positive” rating given on Wednesday, September 21 by Susquehanna. On Monday, January 23 the stock rating was initiated by Credit Suisse with “Neutral”. The stock has “Neutral” rating by UBS on Monday, December 12.

Independent Franchise Partners Llp holds 6.06% of its portfolio in Molson Coors Brewing Company for 8.71 million shares. Maverick Capital Ltd owns 3.73 million shares or 3.86% of their US portfolio. Moreover, Symons Capital Management Inc has 3.51% invested in the company for 150,265 shares. The Alabama-based Hayek Kallen Investment Management has invested 2.09% in the stock. Lloyds Banking Group Plc, a United Kingdom-based fund reported 2,594 shares.

Since January 1, 0001, it had 0 insider purchases, and 2 sales for $4.74 million activity.

The stock increased 0.69% or $0.5 during the last trading session, reaching $73.48. About 271,872 shares traded. Molson Coors Brewing Company (TAP) has declined 23.05% since April 16, 2017 and is downtrending. It has underperformed by 34.60% the S&P500.

Analysts await Molson Coors Brewing Company (NYSE:TAP) to report earnings on May, 2. They expect $0.84 EPS, up 10.53% or $0.08 from last year’s $0.76 per share. TAP’s profit will be $181.26 million for 21.87 P/E if the $0.84 EPS becomes a reality. After $0.62 actual EPS reported by Molson Coors Brewing Company for the previous quarter, Wall Street now forecasts 35.48% EPS growth.

Molson Coors Brewing Company (NYSE:TAP) Institutional Positions Chart

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