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Phoenix New Media LTD (FENG) Shareholder Hermes Investment Management LTD Has Trimmed Holding as Shares Declined; Heronetta Management LP Has Trimmed Holding in Enterprise Prods Partners L (EPD) as Share Value Declined

Phoenix New Media Limited (NYSE:FENG) Logo

Heronetta Management Lp decreased its stake in Enterprise Prods Partners L (EPD) by 2.54% based on its latest 2017Q4 regulatory filing with the SEC. Heronetta Management Lp sold 25,120 shares as the company’s stock declined 8.22% with the market. The institutional investor held 962,761 shares of the natural gas distribution company at the end of 2017Q4, valued at $25.52 million, down from 987,881 at the end of the previous reported quarter. Heronetta Management Lp who had been investing in Enterprise Prods Partners L for a number of months, seems to be less bullish one the $60.88 billion market cap company. The stock decreased 0.39% or $0.11 during the last trading session, reaching $28.02. About 3.66M shares traded. Enterprise Products Partners L.P. (NYSE:EPD) has declined 10.03% since May 21, 2017 and is downtrending. It has underperformed by 21.58% the S&P500.

Hermes Investment Management Ltd decreased its stake in Phoenix New Media Ltd (FENG) by 31.7% based on its latest 2017Q4 regulatory filing with the SEC. Hermes Investment Management Ltd sold 204,890 shares as the company’s stock declined 36.18% with the market. The institutional investor held 441,383 shares of the broadcasting company at the end of 2017Q4, valued at $2.87 million, down from 646,273 at the end of the previous reported quarter. Hermes Investment Management Ltd who had been investing in Phoenix New Media Ltd for a number of months, seems to be less bullish one the $401.49 million market cap company. The stock increased 0.73% or $0.04 during the last trading session, reaching $5.55. About 245,063 shares traded. Phoenix New Media Limited (NYSE:FENG) has risen 21.91% since May 21, 2017 and is uptrending. It has outperformed by 10.36% the S&P500.

Among 2 analysts covering Phoenix New Media Limited (NYSE:FENG), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Phoenix New Media Limited had 2 analyst reports since November 11, 2015 according to SRatingsIntel. The rating was initiated by JP Morgan with “Overweight” on Wednesday, August 31. The stock has “Neutral” rating by Macquarie Research on Wednesday, November 11.

More news for Phoenix New Media Limited (NYSE:FENG) were recently published by: Benzinga.com, which released: “Earnings Scheduled For May 14, 2018” on May 14, 2018. Seekingalpha.com‘s article titled: “Phoenix New Media’s (FENG) CEO Shuang Liu on Q1 2018 Results – Earnings Call Transcript” and published on May 15, 2018 is yet another important article.

Hermes Investment Management Ltd, which manages about $20.91 billion and $6.98 billion US Long portfolio, upped its stake in Rpm Intl Inc (NYSE:RPM) by 58,236 shares to 1.20 million shares, valued at $63.09 million in 2017Q4, according to the filing. It also increased its holding in Royal Caribbean Cruises Ltd (NYSE:RCL) by 212,452 shares in the quarter, for a total of 218,232 shares, and has risen its stake in Ishares Tr (INDA).

Among 27 analysts covering Enterprise Products Partners LP (NYSE:EPD), 27 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Enterprise Products Partners LP had 60 analyst reports since July 23, 2015 according to SRatingsIntel. Vetr downgraded it to “Strong-Buy” rating and $31.26 target in Monday, August 31 report. The stock has “Outperform” rating by Macquarie Research on Monday, April 24. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, July 13. The rating was maintained by Seaport Global on Thursday, March 8 with “Buy”. Morgan Stanley upgraded the shares of EPD in report on Wednesday, January 20 to “Overweight” rating. The firm earned “Buy” rating on Thursday, August 3 by Jefferies. The firm has “Buy” rating by Deutsche Bank given on Wednesday, November 18. Vetr downgraded the shares of EPD in report on Tuesday, August 18 to “Strong-Buy” rating. The firm earned “Overweight” rating on Tuesday, May 1 by Barclays Capital. The firm has “Buy” rating given on Thursday, October 19 by Stifel Nicolaus.

Analysts await Enterprise Products Partners L.P. (NYSE:EPD) to report earnings on August, 2. They expect $0.38 EPS, up 26.67% or $0.08 from last year’s $0.3 per share. EPD’s profit will be $825.60 million for 18.43 P/E if the $0.38 EPS becomes a reality. After $0.39 actual EPS reported by Enterprise Products Partners L.P. for the previous quarter, Wall Street now forecasts -2.56% negative EPS growth.

Investors sentiment decreased to 0.85 in 2017 Q4. Its down 0.15, from 1 in 2017Q3. It fall, as 60 investors sold EPD shares while 283 reduced holdings. 73 funds opened positions while 219 raised stakes. 750.14 million shares or 4.26% less from 783.53 million shares in 2017Q3 were reported. Mirae Asset Glob Invests invested in 136,952 shares. Cetera Advisors Limited Liability Corporation, Colorado-based fund reported 37,558 shares. Nevada-based Whittier Tru Of Nevada Inc has invested 0.04% in Enterprise Products Partners L.P. (NYSE:EPD). Maryland Cap Mgmt has 0.15% invested in Enterprise Products Partners L.P. (NYSE:EPD) for 39,255 shares. Moreover, Oxbow Advisors Ltd Co has 3.76% invested in Enterprise Products Partners L.P. (NYSE:EPD) for 756,573 shares. Chelsea Counsel accumulated 17,964 shares or 0.25% of the stock. New York-based Spirit Of America Management Corporation has invested 3.07% in Enterprise Products Partners L.P. (NYSE:EPD). Freestone Capital Limited Liability Company accumulated 216,946 shares. Tph Asset Ltd Liability Corporation invested 2.98% of its portfolio in Enterprise Products Partners L.P. (NYSE:EPD). Mirador Lp has 8,220 shares. 9,917 were reported by Bsw Wealth. Rench Wealth Mngmt Inc owns 7,850 shares. 46,352 are owned by Walleye Trading Ltd. National Bank holds 0.03% or 75,363 shares. Asset Mngmt Ltd Llc accumulated 591,737 shares.

Since March 7, 2018, it had 2 buys, and 0 sales for $1.10 million activity.

Enterprise Products Partners L.P. (NYSE:EPD) Institutional Positions Chart

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