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Par Capital Management Position in Dycom Inds (DY) Lifted by $2.44 Million as Shares Declined; Nisource (NI) Holding Boosted by Energy Income Partners Llc

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Paul Reeder increased its stake in Dycom Inds Inc (DY) by 2.2% based on its latest 2017Q4 regulatory filing with the SEC. Par Capital Management Inc bought 22,000 shares as the company’s stock declined 9.19% with the market. The hedge fund run by Paul Reeder held 1.02M shares of the basic industries company at the end of 2017Q4, valued at $113.88 million, up from 1.00 million at the end of the previous reported quarter. Par Capital Management Inc who had been investing in Dycom Inds Inc for a number of months, seems to be bullish on the $3.63 billion market cap company. The stock increased 0.55% or $0.64 during the last trading session, reaching $116.2. About 881,186 shares traded or 141.87% up from the average. Dycom Industries, Inc. (NYSE:DY) has risen 13.44% since May 22, 2017 and is uptrending. It has outperformed by 1.89% the S&P500.

Energy Income Partners Llc increased its stake in Nisource Inc (NI) by 40.26% based on its latest 2017Q4 regulatory filing with the SEC. Energy Income Partners Llc bought 234,548 shares as the company’s stock declined 5.89% with the market. The hedge fund held 817,116 shares of the public utilities company at the end of 2017Q4, valued at $20.98M, up from 582,568 at the end of the previous reported quarter. Energy Income Partners Llc who had been investing in Nisource Inc for a number of months, seems to be bullish on the $8.85 billion market cap company. The stock decreased 0.12% or $0.03 during the last trading session, reaching $24.4. About 2.14M shares traded. NiSource Inc. (NYSE:NI) has declined 0.08% since May 22, 2017 and is downtrending. It has underperformed by 11.63% the S&P500.

Among 16 analysts covering Nisource Inc. (NYSE:NI), 9 have Buy rating, 0 Sell and 7 Hold. Therefore 56% are positive. Nisource Inc. had 39 analyst reports since August 20, 2015 according to SRatingsIntel. Credit Suisse maintained NiSource Inc. (NYSE:NI) rating on Thursday, November 2. Credit Suisse has “Outperform” rating and $30 target. Credit Suisse upgraded the stock to “Outperform” rating in Monday, August 14 report. JP Morgan maintained NiSource Inc. (NYSE:NI) on Thursday, January 25 with “Neutral” rating. The stock of NiSource Inc. (NYSE:NI) earned “Buy” rating by Goldman Sachs on Wednesday, January 10. JP Morgan upgraded the stock to “Overweight” rating in Thursday, May 17 report. The firm has “Hold” rating by Evercore given on Monday, April 25. Citigroup upgraded the shares of NI in report on Wednesday, December 14 to “Buy” rating. The firm has “Equal-Weight” rating given on Friday, March 18 by Barclays Capital. Citigroup maintained NiSource Inc. (NYSE:NI) on Wednesday, July 27 with “Neutral” rating. The company was maintained on Wednesday, April 18 by KeyBanc Capital Markets.

Energy Income Partners Llc, which manages about $4.12 billion and $5.83 billion US Long portfolio, decreased its stake in Enbridge Inc (NYSE:ENB) by 90,731 shares to 2.94 million shares, valued at $114.86M in 2017Q4, according to the filing. It also reduced its holding in American Wtr Wks Co Inc New (NYSE:AWK) by 15,076 shares in the quarter, leaving it with 82,792 shares, and cut its stake in Spectra Energy Partners Lp (NYSE:SEP).

Since May 7, 2018, it had 1 buying transaction, and 1 insider sale for $299,912 activity. Smith Teresa M had sold 15,748 shares worth $399,212.

Another recent and important NiSource Inc. (NYSE:NI) news was published by Benzinga.com which published an article titled: “Utility NiSource Added To Goldman Sachs’ America’s Conviction Buy List: ‘One Of Our Top Ideas'” on May 07, 2018.

Investors sentiment increased to 1.46 in 2017 Q4. Its up 0.11, from 1.35 in 2017Q3. It increased, as 27 investors sold NI shares while 109 reduced holdings. 48 funds opened positions while 150 raised stakes. 281.01 million shares or 4.47% more from 269.00 million shares in 2017Q3 were reported. Sumitomo Mitsui Asset reported 24,534 shares. Wesbanco Bank & Trust Inc stated it has 0.02% of its portfolio in NiSource Inc. (NYSE:NI). State Of Alaska Department Of Revenue has 0.05% invested in NiSource Inc. (NYSE:NI) for 78,661 shares. Lord Abbett & Lc has invested 0.2% in NiSource Inc. (NYSE:NI). Northern Tru Corp reported 0.03% in NiSource Inc. (NYSE:NI). Panagora Asset Management Incorporated reported 795,905 shares. Usca Ria Ltd Llc invested 0.04% in NiSource Inc. (NYSE:NI). State Of New Jersey Common Pension Fund D owns 155,000 shares or 0.02% of their US portfolio. Tarbox Family Office has invested 0% in NiSource Inc. (NYSE:NI). Renaissance Technologies Limited Liability Corporation owns 1.01 million shares or 0.03% of their US portfolio. 36,124 are held by Raymond James Services Advsr Inc. Advantus Cap owns 0.02% invested in NiSource Inc. (NYSE:NI) for 33,760 shares. First Republic Invest Mgmt owns 16,544 shares. Asset Mgmt One has invested 0.04% in NiSource Inc. (NYSE:NI). City Communication accumulated 0% or 410 shares.

Par Capital Management Inc, which manages about $3.46 billion and $8.95 billion US Long portfolio, decreased its stake in Csx Corp (NYSE:CSX) by 110,000 shares to 615,000 shares, valued at $33.83 million in 2017Q4, according to the filing. It also reduced its holding in O Reilly Automotive Inc New (NASDAQ:ORLY) by 15,000 shares in the quarter, leaving it with 110,000 shares, and cut its stake in Avis Budget Group (NASDAQ:CAR).

Since March 7, 2018, it had 0 insider buys, and 1 sale for $284,044 activity.

Investors sentiment increased to 1.01 in 2017 Q4. Its up 0.01, from 1 in 2017Q3. It increased, as 34 investors sold DY shares while 109 reduced holdings. 55 funds opened positions while 89 raised stakes. 29.64 million shares or 4.71% less from 31.11 million shares in 2017Q3 were reported. Tocqueville Asset Management Lp holds 67,415 shares. Scout Invs invested 0.78% of its portfolio in Dycom Industries, Inc. (NYSE:DY). State Teachers Retirement Systems reported 64,393 shares or 0.02% of all its holdings. Bank & Trust Of Montreal Can has 0% invested in Dycom Industries, Inc. (NYSE:DY). The Georgia-based Aurora Invest Counsel has invested 0.85% in Dycom Industries, Inc. (NYSE:DY). Strs Ohio reported 3,300 shares. American Century Incorporated stated it has 0.02% of its portfolio in Dycom Industries, Inc. (NYSE:DY). Pembroke Management has 156,000 shares for 1.79% of their portfolio. Mutual Of America Cap Limited Company has invested 0.04% in Dycom Industries, Inc. (NYSE:DY). Crow Point Prtnrs Lc invested in 664 shares or 0.01% of the stock. Bb&T Llc has 0.02% invested in Dycom Industries, Inc. (NYSE:DY). Invest Counselors Of Maryland Ltd Company has invested 1.36% of its portfolio in Dycom Industries, Inc. (NYSE:DY). Thompson Siegel Walmsley Limited Com, Virginia-based fund reported 180,732 shares. Ngam Advisors Ltd Partnership holds 0.02% or 13,347 shares in its portfolio. Sterling Mgmt Ltd Liability Com has 0.02% invested in Dycom Industries, Inc. (NYSE:DY).

NiSource Inc. (NYSE:NI) Institutional Positions Chart

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