Trending Stock News

Lumina Fund Management Has Lifted Its Stake in Bunge Limited (BG) by $569,500; Lvw Advisors Has Lowered Targa Res (TRGP) Holding by $585,600; Stock Value Declined

Bunge Limited (NYSE:BG) Logo

Lvw Advisors Llc decreased its stake in Targa Res Corp (TRGP) by 53.1% based on its latest 2017Q4 regulatory filing with the SEC. Lvw Advisors Llc sold 12,200 shares as the company’s stock declined 3.67% with the market. The institutional investor held 10,775 shares of the public utilities company at the end of 2017Q4, valued at $522,000, down from 22,975 at the end of the previous reported quarter. Lvw Advisors Llc who had been investing in Targa Res Corp for a number of months, seems to be less bullish one the $10.02B market cap company. The stock increased 1.31% or $0.59 during the last trading session, reaching $45.79. About 119,808 shares traded. Targa Resources Corp. (NYSE:TRGP) has declined 20.04% since April 16, 2017 and is downtrending. It has underperformed by 31.59% the S&P500.

Lumina Fund Management Llc increased its stake in Bunge Limited (BG) by 11.46% based on its latest 2017Q4 regulatory filing with the SEC. Lumina Fund Management Llc bought 8,500 shares as the company’s stock rose 8.80% while stock markets declined. The institutional investor held 82,700 shares of the packaged foods company at the end of 2017Q4, valued at $5.55 million, up from 74,200 at the end of the previous reported quarter. Lumina Fund Management Llc who had been investing in Bunge Limited for a number of months, seems to be bullish on the $10.57 billion market cap company. The stock decreased 0.20% or $0.15 during the last trading session, reaching $74.99. About 38,845 shares traded. Bunge Limited (NYSE:BG) has declined 9.19% since April 16, 2017 and is downtrending. It has underperformed by 20.74% the S&P500.

Investors sentiment decreased to 0.89 in Q4 2017. Its down 0.17, from 1.06 in 2017Q3. It turned negative, as 48 investors sold BG shares while 125 reduced holdings. 59 funds opened positions while 95 raised stakes. 107.71 million shares or 1.45% less from 109.29 million shares in 2017Q3 were reported. Cubist Systematic Strategies Limited holds 0.04% of its portfolio in Bunge Limited (NYSE:BG) for 11,964 shares. Fmr Ltd Liability Corp holds 2.80 million shares or 0.02% of its portfolio. The New York-based Glg Ltd Limited Liability Company has invested 0.04% in Bunge Limited (NYSE:BG). Bennicas And Associate invested 0.89% of its portfolio in Bunge Limited (NYSE:BG). Indexiq Ltd reported 5,445 shares. Legal General Grp Plc has invested 0.04% in Bunge Limited (NYSE:BG). State Teachers Retirement Sys stated it has 0% of its portfolio in Bunge Limited (NYSE:BG). Laurion Cap Management LP stated it has 0% in Bunge Limited (NYSE:BG). Financial Bank Of Montreal Can has 399,783 shares. Cohen Steers Inc holds 116,972 shares or 0.02% of its portfolio. 5,278 are owned by Arete Wealth Advsrs Limited Liability Com. The California-based Aperio Grp has invested 0.02% in Bunge Limited (NYSE:BG). Oppenheimer And Co owns 6,503 shares or 0.01% of their US portfolio. Independence Tru Communication holds 0.3% or 4,000 shares in its portfolio. Callahan Advisors Ltd Company holds 30,011 shares.

Among 11 analysts covering Bunge Limited (NYSE:BG), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Bunge Limited had 35 analyst reports since July 31, 2015 according to SRatingsIntel. The company was maintained on Friday, July 14 by Piper Jaffray. The firm has “Buy” rating given on Thursday, July 20 by Piper Jaffray. TheStreet downgraded the shares of BG in report on Monday, August 3 to “Hold” rating. The firm has “Neutral” rating by Citigroup given on Thursday, September 28. On Thursday, February 15 the stock rating was upgraded by Stephens to “Buy”. The stock has “Buy” rating by Credit Suisse on Friday, May 5. The rating was maintained by Credit Suisse with “Hold” on Friday, May 26. The company was downgraded on Monday, March 20 by Goldman Sachs. The firm earned “Outperform” rating on Tuesday, September 29 by Credit Suisse. J.P. Morgan upgraded the stock to “Buy” rating in Wednesday, March 7 report.

Lumina Fund Management Llc, which manages about $805.90 million and $1.08B US Long portfolio, decreased its stake in Viacom Inc New (NASDAQ:VIA) by 22,500 shares to 188,700 shares, valued at $5.81M in 2017Q4, according to the filing. It also reduced its holding in Lyondellbasell Industries N (NYSE:LYB) by 5,000 shares in the quarter, leaving it with 10,000 shares, and cut its stake in Vanguard Whitehall Fds Inc (VYM).

Investors sentiment decreased to 1.05 in Q4 2017. Its down 0.19, from 1.24 in 2017Q3. It dived, as 31 investors sold TRGP shares while 119 reduced holdings. 45 funds opened positions while 112 raised stakes. 193.64 million shares or 5.92% more from 182.82 million shares in 2017Q3 were reported. First Personal Fincl Serv reported 0% of its portfolio in Targa Resources Corp. (NYSE:TRGP). Silvercrest Asset Management Grp Limited Co invested in 6,616 shares or 0% of the stock. Nordea Mngmt holds 0% in Targa Resources Corp. (NYSE:TRGP) or 13,882 shares. Salem Inv Counselors holds 0.01% of its portfolio in Targa Resources Corp. (NYSE:TRGP) for 1,855 shares. Ny State Common Retirement Fund holds 472,500 shares. Lvw Advsrs Limited Liability accumulated 0.15% or 10,775 shares. Swiss National Bank holds 0.04% of its portfolio in Targa Resources Corp. (NYSE:TRGP) for 793,900 shares. West Family owns 47,178 shares or 0.58% of their US portfolio. 3.22 million are held by Jennison Assoc Ltd Liability. Assetmark owns 40 shares. The Maryland-based Brown Advisory Inc has invested 0% in Targa Resources Corp. (NYSE:TRGP). Cornerstone Capital Management Limited Liability Corporation holds 0.01% in Targa Resources Corp. (NYSE:TRGP) or 23,851 shares. Raymond James Trust Na reported 0.02% in Targa Resources Corp. (NYSE:TRGP). Parkside Bancorporation Tru has 0.02% invested in Targa Resources Corp. (NYSE:TRGP) for 1,395 shares. 56,920 are owned by Suntrust Banks Inc.

Analysts await Targa Resources Corp. (NYSE:TRGP) to report earnings on May, 3. They expect $0.02 earnings per share, up 102.60% or $0.79 from last year’s $-0.77 per share. TRGP’s profit will be $4.38M for 572.38 P/E if the $0.02 EPS becomes a reality. After $-0.07 actual earnings per share reported by Targa Resources Corp. for the previous quarter, Wall Street now forecasts -128.57% EPS growth.

Lvw Advisors Llc, which manages about $2.12 billion and $342.37 million US Long portfolio, upped its stake in Vanguard Index Fds (VUG) by 77,748 shares to 304,713 shares, valued at $42.86M in 2017Q4, according to the filing. It also increased its holding in Alps Etf Tr (AMLP) by 248,472 shares in the quarter, for a total of 318,203 shares, and has risen its stake in Cisco Sys Inc (NASDAQ:CSCO).

Among 19 analysts covering Targa Resources (NYSE:TRGP), 11 have Buy rating, 0 Sell and 8 Hold. Therefore 58% are positive. Targa Resources had 85 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Targa Resources Corp. (NYSE:TRGP) earned “Hold” rating by Stifel Nicolaus on Tuesday, May 31. Stifel Nicolaus maintained Targa Resources Corp. (NYSE:TRGP) rating on Monday, August 22. Stifel Nicolaus has “Buy” rating and $48 target. The firm earned “Buy” rating on Tuesday, April 19 by Citigroup. The company was upgraded on Thursday, November 3 by Stifel Nicolaus. The company was maintained on Tuesday, March 22 by Jefferies. The firm has “Hold” rating given on Thursday, October 12 by BMO Capital Markets. The company was downgraded on Tuesday, November 7 by Wells Fargo. Stifel Nicolaus maintained it with “Hold” rating and $64 target in Thursday, February 16 report. Wells Fargo upgraded it to “Buy” rating and $5400 target in Monday, July 17 report. RBC Capital Markets maintained Targa Resources Corp. (NYSE:TRGP) on Sunday, August 20 with “Buy” rating.

Targa Resources Corp. (NYSE:TRGP) Institutional Positions Chart

Leave a Reply

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