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As Boardwalk Pipeline Partners LP (BWP) Market Value Declined, Matthew 25 Management Has Trimmed Holding; Marathon Asset Management Llp Raised Canadian Natural Resources (CNQ) Stake by $1.38 Million

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Bruce J. Richards increased its stake in Canadian Natural Resources (CNQ) by 0.99% based on its latest 2017Q4 regulatory filing with the SEC. Marathon Asset Management Llp bought 38,233 shares as the company’s stock declined 11.77% with the market. The hedge fund run by Bruce J. Richards held 3.90M shares of the oil & gas production company at the end of 2017Q4, valued at $140.60M, up from 3.86 million at the end of the previous reported quarter. Marathon Asset Management Llp who had been investing in Canadian Natural Resources for a number of months, seems to be bullish on the $44.12B market cap company. The stock increased 4.84% or $1.66 during the last trading session, reaching $35.93. About 6.76M shares traded or 150.05% up from the average. Canadian Natural Resources Limited (NYSE:CNQ) has declined 3.31% since May 9, 2017 and is downtrending. It has underperformed by 14.86% the S&P500.

Matthew 25 Management Corp decreased its stake in Boardwalk Pipeline Partners Lp (BWP) by 1.79% based on its latest 2017Q4 regulatory filing with the SEC. Matthew 25 Management Corp sold 30,000 shares as the company’s stock declined 27.31% with the market. The institutional investor held 1.65M shares of the natural gas distribution company at the end of 2017Q4, valued at $21.30M, down from 1.68M at the end of the previous reported quarter. Matthew 25 Management Corp who had been investing in Boardwalk Pipeline Partners Lp for a number of months, seems to be less bullish one the $2.40 billion market cap company. The stock increased 4.69% or $0.43 during the last trading session, reaching $9.59. About 3.12 million shares traded or 82.24% up from the average. Boardwalk Pipeline Partners, LP (NYSE:BWP) has declined 42.11% since May 9, 2017 and is downtrending. It has underperformed by 53.66% the S&P500.

More news for Boardwalk Pipeline Partners, LP (NYSE:BWP) were recently published by: Businesswire.com, which released: “TAM Capital Management Sends Open Letter To the Boards of Directors of Loews Corporation and Boardwalk Partners …” on May 08, 2018. Globenewswire.com‘s article titled: “Recent Analysis Shows Boardwalk Pipeline Partners, Chegg, CommScope Holding, Exact Sciences, HollyFrontier, and …” and published on May 08, 2018 is yet another important article.

Matthew 25 Management Corp, which manages about $821.26M and $369.12 million US Long portfolio, upped its stake in Facebook Inc. (NASDAQ:FB) by 1,750 shares to 37,750 shares, valued at $6.66M in 2017Q4, according to the filing.

Among 10 analysts covering Boardwalk Pipeline Partners (NYSE:BWP), 4 have Buy rating, 1 Sell and 5 Hold. Therefore 40% are positive. Boardwalk Pipeline Partners had 25 analyst reports since August 13, 2015 according to SRatingsIntel. As per Monday, June 5, the company rating was maintained by RBC Capital Markets. The firm has “Sector Perform” rating by RBC Capital Markets given on Tuesday, August 1. As per Tuesday, February 13, the company rating was maintained by Bank of America. The firm has “Buy” rating given on Thursday, November 2 by Citigroup. Barclays Capital maintained Boardwalk Pipeline Partners, LP (NYSE:BWP) rating on Tuesday, May 1. Barclays Capital has “Equal-Weight” rating and $12 target. The rating was initiated by Janney Capital on Thursday, September 29 with “Neutral”. On Friday, March 2 the stock rating was maintained by UBS with “Buy”. The stock of Boardwalk Pipeline Partners, LP (NYSE:BWP) earned “Neutral” rating by Ladenburg Thalmann on Thursday, July 21. Barclays Capital upgraded Boardwalk Pipeline Partners, LP (NYSE:BWP) on Wednesday, January 17 to “Equal-Weight” rating. RBC Capital Markets maintained Boardwalk Pipeline Partners, LP (NYSE:BWP) on Tuesday, February 7 with “Outperform” rating.

Investors sentiment decreased to 0.65 in 2017 Q4. Its down 0.29, from 0.94 in 2017Q3. It dived, as 19 investors sold BWP shares while 55 reduced holdings. 18 funds opened positions while 30 raised stakes. 219.85 million shares or 4.92% less from 231.22 million shares in 2017Q3 were reported. Cbre Clarion Ltd Com holds 0.04% or 245,600 shares. Susquehanna Intl Group Llp accumulated 205,490 shares. Amp Capital Investors Ltd holds 0% or 71,600 shares. Barclays Public Ltd Company has invested 0.01% of its portfolio in Boardwalk Pipeline Partners, LP (NYSE:BWP). The Tennessee-based Barnett has invested 0.38% in Boardwalk Pipeline Partners, LP (NYSE:BWP). State Of New Jersey Common Pension Fund D has invested 0.02% in Boardwalk Pipeline Partners, LP (NYSE:BWP). 158 are owned by Fifth Third Natl Bank. Kayne Anderson Capital Advisors Ltd Partnership has 1.95M shares. Tph Asset Ltd Company reported 1.35M shares or 1.73% of all its holdings. The Ontario – Canada-based Manufacturers Life Ins The has invested 0% in Boardwalk Pipeline Partners, LP (NYSE:BWP). 19,000 are owned by Pnc Fincl Services Gru. Bb&T Securities Ltd Company owns 31,360 shares or 0.01% of their US portfolio. Atlantic Tru Group Limited invested 0.22% of its portfolio in Boardwalk Pipeline Partners, LP (NYSE:BWP). Texas Yale invested 0.04% in Boardwalk Pipeline Partners, LP (NYSE:BWP). Cetera has invested 0.01% in Boardwalk Pipeline Partners, LP (NYSE:BWP).

Another recent and important Canadian Natural Resources Limited (NYSE:CNQ) news was published by Seekingalpha.com which published an article titled: “Canadian Natural Resources (CNQ) Q1 2018 Results – Earnings Call Transcript” on May 04, 2018.

Among 15 analysts covering Canadian Natural Resources Limited (NYSE:CNQ), 11 have Buy rating, 0 Sell and 4 Hold. Therefore 73% are positive. Canadian Natural Resources Limited had 33 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was upgraded by Raymond James to “” on Friday, August 7. The stock has “Outperform” rating by Wells Fargo on Friday, December 16. JP Morgan downgraded Canadian Natural Resources Limited (NYSE:CNQ) on Wednesday, August 26 to “Overweight” rating. The firm has “Outperform” rating by RBC Capital Markets given on Friday, November 6. Macquarie Research upgraded the stock to “Outperform” rating in Friday, August 5 report. The stock of Canadian Natural Resources Limited (NYSE:CNQ) has “Overweight” rating given on Monday, April 16 by Morgan Stanley. The stock of Canadian Natural Resources Limited (NYSE:CNQ) earned “Overweight” rating by Morgan Stanley on Wednesday, January 24. The firm has “Buy” rating by Citigroup given on Thursday, April 7. The rating was upgraded by Morgan Stanley to “Overweight” on Wednesday, July 19. The firm earned “Outperform” rating on Wednesday, September 9 by Raymond James.

Boardwalk Pipeline Partners, LP (NYSE:BWP) Institutional Positions Chart

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