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As City Office Reit (CIO) Valuation Declined, Real Estate Management Services Has Lifted Position; Mplx LP (MPLX) Holder Yost Capital Management Raised Its Holding by $539,000 as Shares Declined

Real Estate Management Services Llc increased its stake in City Office Reit Inc. (CIO) by 154.63% based on its latest 2017Q4 regulatory filing with the SEC. Real Estate Management Services Llc bought 1.04 million shares as the company’s stock declined 11.58% with the market. The institutional investor held 1.71 million shares of the consumer services company at the end of 2017Q4, valued at $22.21 million, up from 670,343 at the end of the previous reported quarter. Real Estate Management Services Llc who had been investing in City Office Reit Inc. for a number of months, seems to be bullish on the $421.30 million market cap company. The stock increased 0.09% or $0.01 during the last trading session, reaching $11.66. About 211,631 shares traded. City Office REIT, Inc. (NYSE:CIO) has declined 4.45% since May 17, 2017 and is downtrending. It has underperformed by 16.00% the S&P500.

Yost Capital Management Llc increased its stake in Mplx Lp (MPLX) by 12.75% based on its latest 2017Q4 regulatory filing with the SEC. Yost Capital Management Llc bought 15,400 shares as the company’s stock declined 8.11% with the market. The institutional investor held 136,180 shares of the natural gas distribution company at the end of 2017Q4, valued at $4.83M, up from 120,780 at the end of the previous reported quarter. Yost Capital Management Llc who had been investing in Mplx Lp for a number of months, seems to be bullish on the $27.92 billion market cap company. The stock increased 0.51% or $0.18 during the last trading session, reaching $35.17. About 1.16M shares traded. MPLX LP (NYSE:MPLX) has declined 6.29% since May 17, 2017 and is downtrending. It has underperformed by 17.84% the S&P500.

More news for MPLX LP (NYSE:MPLX) were recently published by: Fool.com, which released: “A New Question Now Hovers Over MPLX’s Earnings” on May 08, 2018. Seekingalpha.com‘s article titled: “Wally And The Beaver In MLP Land” and published on April 22, 2018 is yet another important article.

Since December 11, 2017, it had 0 insider purchases, and 1 sale for $74,000 activity.

Yost Capital Management Llc, which manages about $239.39M and $140.25M US Long portfolio, decreased its stake in Macquarie Infrastructure Cor (NYSE:MIC) by 75,600 shares to 77,343 shares, valued at $4.97 million in 2017Q4, according to the filing.

Among 21 analysts covering MPLX LP (NYSE:MPLX), 17 have Buy rating, 0 Sell and 4 Hold. Therefore 81% are positive. MPLX LP had 67 analyst reports since October 20, 2015 according to SRatingsIntel. As per Thursday, June 1, the company rating was maintained by Jefferies. Stifel Nicolaus maintained it with “Buy” rating and $42.0 target in Monday, September 4 report. The stock of MPLX LP (NYSE:MPLX) earned “Buy” rating by Guggenheim on Monday, April 16. The stock of MPLX LP (NYSE:MPLX) earned “Buy” rating by Ladenburg Thalmann on Monday, November 30. The firm has “Buy” rating by Stifel Nicolaus given on Friday, April 29. The stock of MPLX LP (NYSE:MPLX) has “Sector Outperform” rating given on Tuesday, December 15 by Howard Weil. As per Thursday, February 1, the company rating was maintained by Stifel Nicolaus. The stock has “Buy” rating by Citigroup on Friday, February 2. As per Thursday, August 10, the company rating was maintained by Stifel Nicolaus. The firm earned “Buy” rating on Friday, February 2 by RBC Capital Markets.

Investors sentiment decreased to 0.82 in 2017 Q4. Its down 0.22, from 1.04 in 2017Q3. It turned negative, as 32 investors sold MPLX shares while 89 reduced holdings. 26 funds opened positions while 73 raised stakes. 250.53 million shares or 3.20% less from 258.81 million shares in 2017Q3 were reported. Glenmede Tru Na invested 0% in MPLX LP (NYSE:MPLX). Sei Com owns 437 shares for 0% of their portfolio. Moreover, Parkside National Bank & Trust & Tru has 0.6% invested in MPLX LP (NYSE:MPLX) for 46,258 shares. Avenir Corporation accumulated 261,567 shares. Natixis stated it has 3.58M shares or 0.98% of all its holdings. Fairfield Bush And accumulated 0.13% or 13,242 shares. 382,380 were reported by Waddell Reed Fincl Incorporated. Salient Co Lta reported 22,930 shares. Metropolitan Life Ins Co holds 461,187 shares. Catawba Cap Management Va owns 0.23% invested in MPLX LP (NYSE:MPLX) for 28,185 shares. Clearbridge Invs Ltd holds 0.09% or 2.77M shares in its portfolio. Segment Wealth Mngmt Ltd has invested 0.1% in MPLX LP (NYSE:MPLX). 11,223 are held by Comerica Bancshares. 60,130 are held by Virtu Financial Llc. Bnp Paribas Arbitrage owns 8,209 shares.

Among 6 analysts covering City Office REIT (NYSE:CIO), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. City Office REIT had 13 analyst reports since August 19, 2015 according to SRatingsIntel. Deutsche Bank maintained City Office REIT, Inc. (NYSE:CIO) rating on Monday, July 18. Deutsche Bank has “Buy” rating and $15 target. The company was maintained on Thursday, May 12 by Compass Point. Deutsche Bank downgraded City Office REIT, Inc. (NYSE:CIO) on Wednesday, January 10 to “Hold” rating. The stock has “Buy” rating by Deutsche Bank on Tuesday, May 31. The firm has “Buy” rating given on Friday, August 5 by Compass Point. The firm earned “Outperform” rating on Wednesday, August 19 by Oppenheimer. The stock of City Office REIT, Inc. (NYSE:CIO) earned “Buy” rating by Wunderlich on Friday, August 5. On Friday, March 2 the stock rating was maintained by FBR Capital with “Buy”. The rating was upgraded by Zacks on Monday, August 24 to “Sell”.

Investors sentiment increased to 2.16 in Q4 2017. Its up 0.55, from 1.61 in 2017Q3. It is positive, as 8 investors sold CIO shares while 23 reduced holdings. 29 funds opened positions while 38 raised stakes. 21.93 million shares or 29.32% more from 16.96 million shares in 2017Q3 were reported. Nuveen Asset Mgmt Ltd invested in 1.76 million shares. Martingale Asset Management Ltd Partnership holds 157,218 shares or 0.03% of its portfolio. Price T Rowe Associates Incorporated Md accumulated 13,774 shares. Public Employees Retirement Sys Of Ohio holds 0.01% or 146,900 shares in its portfolio. Asset Mgmt One Limited reported 0% in City Office REIT, Inc. (NYSE:CIO). White Pine Capital Llc holds 79,215 shares. Morgan Stanley holds 288,574 shares or 0% of its portfolio. D E Shaw & Company stated it has 0% in City Office REIT, Inc. (NYSE:CIO). Seabridge Advisors Ltd Liability owns 0.01% invested in City Office REIT, Inc. (NYSE:CIO) for 3,650 shares. 56,500 were accumulated by Bessemer Gru. Fincl Bank Of America De, North Carolina-based fund reported 7,617 shares. Tiaa Cref Invest Lc invested in 200,002 shares. Bard Assocs accumulated 104,560 shares. Lsv Asset invested in 0.02% or 927,750 shares. Royal State Bank Of Canada invested 0% of its portfolio in City Office REIT, Inc. (NYSE:CIO).

More recent City Office REIT, Inc. (NYSE:CIO) news were published by: Globenewswire.com which released: “Market Trends Toward New Normal in City Office REIT, Malibu Boats, Vical, Renasant, Genocea Biosciences, and …” on May 02, 2018. Also Seekingalpha.com published the news titled: “Maintaining Strong Buy Thesis For City Office” on May 08, 2018. Seekingalpha.com‘s news article titled: “City Office REIT’s (CIO) CEO Jamie Farrar on Q1 2018 Results – Earnings Call Transcript” with publication date: May 04, 2018 was also an interesting one.

Real Estate Management Services Llc, which manages about $741.04 million and $430.63 million US Long portfolio, decreased its stake in Host Hotel & Resorts (NYSE:HST) by 40,200 shares to 137,700 shares, valued at $2.73 million in 2017Q4, according to the filing. It also reduced its holding in Hersha Hospitality by 110,700 shares in the quarter, leaving it with 1.09 million shares, and cut its stake in Cousins Property (NYSE:CUZ).

MPLX LP (NYSE:MPLX) Institutional Positions Chart

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