As Enbridge Energy Management L (EEQ) Stock Declined, Salient Capital Advisors Has Lowered Its Stake by $4.25 Million; As Banco Macro Sa (BMA) Stock Price Declined, Holder Comgest Global Investors Sas Has Cut Its Stake

May 18, 2018 - By Clifton Ray

Banco Macro S.A. (NYSE:BMA) Logo

Comgest Global Investors Sas decreased its stake in Banco Macro Sa (BMA) by 25.18% based on its latest 2017Q4 regulatory filing with the SEC. Comgest Global Investors Sas sold 28,400 shares as the company’s stock declined 7.76% with the market. The institutional investor held 84,400 shares of the commercial banks company at the end of 2017Q4, valued at $9.78 million, down from 112,800 at the end of the previous reported quarter. Comgest Global Investors Sas who had been investing in Banco Macro Sa for a number of months, seems to be less bullish one the $5.88B market cap company. The stock decreased 1.98% or $1.64 during the last trading session, reaching $81. About 165,323 shares traded. Banco Macro S.A. (NYSE:BMA) has risen 28.16% since May 18, 2017 and is uptrending. It has outperformed by 16.61% the S&P500.

Salient Capital Advisors Llc decreased its stake in Enbridge Energy Management L (EEQ) by 5.67% based on its latest 2017Q4 regulatory filing with the SEC. Salient Capital Advisors Llc sold 326,867 shares as the company’s stock declined 30.08% with the market. The institutional investor held 5.44 million shares of the oil & gas production company at the end of 2017Q4, valued at $72.86M, down from 5.77M at the end of the previous reported quarter. Salient Capital Advisors Llc who had been investing in Enbridge Energy Management L for a number of months, seems to be less bullish one the $918.43M market cap company. The stock decreased 1.54% or $0.15 during the last trading session, reaching $9.62. About 590,719 shares traded. Enbridge Energy Management, L.L.C. (NYSE:EEQ) has declined 45.19% since May 18, 2017 and is downtrending. It has underperformed by 56.74% the S&P500.

Among 7 analysts covering Banco Macro SA (NYSE:BMA), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Banco Macro SA had 10 analyst reports since February 9, 2016 according to SRatingsIntel. The stock of Banco Macro S.A. (NYSE:BMA) earned “Buy” rating by Credit Suisse on Tuesday, June 13. The company was downgraded on Monday, September 11 by Goldman Sachs. The firm has “Neutral” rating given on Wednesday, June 1 by UBS. The company was initiated on Tuesday, March 29 by Credit Suisse. The rating was upgraded by Goldman Sachs to “Buy” on Monday, September 26. The company was upgraded on Wednesday, May 9 by JP Morgan. The firm has “Buy” rating by Santander given on Friday, May 11. The stock has “Buy” rating by J.P. Morgan on Wednesday, May 9. The firm has “Neutral” rating by Citigroup given on Monday, May 23.

Comgest Global Investors Sas, which manages about $4.60 billion US Long portfolio, upped its stake in Carmax Inc (NYSE:KMX) by 30,900 shares to 83,900 shares, valued at $5.38M in 2017Q4, according to the filing. It also increased its holding in Costco Whsl Corp New (NASDAQ:COST) by 9,000 shares in the quarter, for a total of 64,183 shares, and has risen its stake in Taiwan Semiconductor Mfg Ltd (NYSE:TSM).

Salient Capital Advisors Llc, which manages about $5.02 billion and $4.53 billion US Long portfolio, upped its stake in Transcanada Corp (NYSE:TRP) by 38,591 shares to 660,331 shares, valued at $32.12M in 2017Q4, according to the filing. It also increased its holding in Plains Gp Hldgs LP by 259,388 shares in the quarter, for a total of 3.75M shares, and has risen its stake in Nextera Energy Partners Lp (NYSE:NEP).

Among 4 analysts covering Enbridge Energy Management LLC (NYSE:EEQ), 0 have Buy rating, 2 Sell and 2 Hold. Therefore 0 are positive. Enbridge Energy Management LLC had 14 analyst reports since September 11, 2015 according to SRatingsIntel. The stock of Enbridge Energy Management, L.L.C. (NYSE:EEQ) has “Sell” rating given on Wednesday, July 20 by Goldman Sachs. The stock of Enbridge Energy Management, L.L.C. (NYSE:EEQ) earned “Sell” rating by Morgan Stanley on Thursday, January 11. RBC Capital Markets maintained Enbridge Energy Management, L.L.C. (NYSE:EEQ) on Thursday, February 18 with “Sector Perform” rating. The firm has “Hold” rating by RBC Capital Markets given on Sunday, October 29. On Monday, March 19 the stock rating was maintained by RBC Capital Markets with “Hold”. RBC Capital Markets maintained it with “Sector Perform” rating and $31 target in Tuesday, November 3 report. The rating was maintained by RBC Capital Markets with “Hold” on Sunday, August 20. The stock of Enbridge Energy Management, L.L.C. (NYSE:EEQ) earned “Hold” rating by RBC Capital Markets on Monday, September 25. The company was downgraded on Friday, March 16 by Ladenburg Thalmann. The firm earned “Underweight” rating on Thursday, February 25 by Morgan Stanley.

Enbridge Energy Management, L.L.C. (NYSE:EEQ) Institutional Positions Chart

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