China Mobile Limited (CHL) Shareholder First Personal Financial Services Increased Position by $745,200 as Stock Price Declined; Bandera Partners Holding in Star Group LP (SGU) Raised as Stock Declined

June 13, 2018 - By Winifred Garcia

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Gregory Bylinsky increased its stake in Star Group LP (SGU) by 35.4% based on its latest 2018Q1 regulatory filing with the SEC. Bandera Partners Llc bought 870,000 shares as the company’s stock declined 2.12% with the market. The hedge fund run by Gregory Bylinsky held 3.33M shares of the consumer services company at the end of 2018Q1, valued at $31.11M, up from 2.46 million at the end of the previous reported quarter. Bandera Partners Llc who had been investing in Star Group LP for a number of months, seems to be bullish on the $508.84 million market cap company. The stock increased 1.30% or $0.12 during the last trading session, reaching $9.37. About 24,557 shares traded. Star Group, L.P. (NYSE:SGU) has declined 7.04% since June 13, 2017 and is downtrending. It has underperformed by 19.61% the S&P500. Some Historical SGU News: 14/05/2018 – T Rowe Price Associates Buys New 1.5% Position in Star Group; 19/04/2018 – DJ Star Group LP, Inst Holders, 1Q 2018 (SGU); 17/04/2018 – STAR GROUP LP – INCREASED QUARTERLY DISTRIBUTION FOR THREE MONTHS ENDED MARCH 31, 2018 TO $0.1175 PER UNIT FROM $0.1100 PER UNIT; 06/03/2018 S&PGRBulletin: Star Group Rtgs Unaffected By Acquisition Plan; 02/05/2018 – Star Group 2Q Net $54.8M; 17/04/2018 – Star Group, L.P. Increases Quarterly Distribution to 11.75 Cents per Unit

First Personal Financial Services increased its stake in China Mobile Limited (CHL) by 3680% based on its latest 2018Q1 regulatory filing with the SEC. First Personal Financial Services bought 16,560 shares as the company’s stock declined 4.22% with the market. The institutional investor held 17,010 shares of the telecommunications equipment company at the end of 2018Q1, valued at $778,000, up from 450 at the end of the previous reported quarter. First Personal Financial Services who had been investing in China Mobile Limited for a number of months, seems to be bullish on the $185.28B market cap company. The stock decreased 0.72% or $0.33 during the last trading session, reaching $45.51. About 177,285 shares traded. China Mobile Limited (NYSE:CHL) has declined 15.14% since June 13, 2017 and is downtrending. It has underperformed by 27.71% the S&P500. Some Historical CHL News: 20/04/2018 – CHINA MOBILE 1Q OPER REV. 185.5B YUAN; 13/04/2018 – HK Bourse: Circular From China Mobile Ltd. On Other; 22/03/2018 – CHINA MOBILE FY NET INCOME 114.3B YUAN, EST. 113.77B YUAN; 10/04/2018 – MediaTek Announces NB-IoT R14 Rate Enhancement Test with China Mobile to Drive Real-World IoT Applications; 22/03/2018 – CHINA MOBILE LTD – FY PROFIT ATTRIBUTABLE RMB 114,279 MLN VS RMB108,741 MLN; 20/04/2018 – CHINA MOBILE LTD 0941.HK – AS AT 31 MARCH 2018, TOTAL NUMBER OF MOBILE CUSTOMERS WAS AROUND 899 MLN; 22/03/2018 – CHINA MOBILE FY NET INCOME 114.28B YUAN, EST. 113.77B YUAN; 14/05/2018 – CHINA TOWER- AS OF LATEST PRACTICABLE DATE, CHINA MOBILE DIRECTLY HELD 38 PCT OF CO’S SHARE CAPITAL; 22/03/2018 – CHINA MOBILE FY OPER REV. 740.51B YUAN, EST. 745.35B YUAN; 22/03/2018 – CHINA MOBILE LTD 0941.HK – FY OPERATING REVENUE WAS RMB740.5 BLN, UP BY 4.5%

More recent China Mobile Limited (NYSE:CHL) news were published by: Globenewswire.com which released: “Recent Analysis Shows EnLink Midstream Partners, LP, Bojangles’, China Mobile (Hong Kong), Baytex Energy, Ocean …” on May 31, 2018. Also Seekingalpha.com published the news titled: “China Mobile 4G Users Decline For First Time” on May 23, 2018. Gurufocus.com‘s news article titled: “Stocks That Fell to 3-Year Lows in the Week of June 1” with publication date: June 03, 2018 was also an interesting one.

First Personal Financial Services, which manages about $455.55M US Long portfolio, decreased its stake in Cisco Sys Inc (NASDAQ:CSCO) by 17,708 shares to 112,245 shares, valued at $4.81M in 2018Q1, according to the filing. It also reduced its holding in Ishares Tr (EFG) by 6,100 shares in the quarter, leaving it with 1,765 shares, and cut its stake in International Business Machs (NYSE:IBM).

Among 7 analysts covering China Mobile (NYSE:CHL), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 43% are positive. China Mobile had 9 analyst reports since August 21, 2015 according to SRatingsIntel. Jefferies upgraded China Mobile Limited (NYSE:CHL) on Friday, March 23 to “Hold” rating. The company was downgraded on Monday, March 12 by Nomura. As per Wednesday, August 30, the company rating was initiated by Bank of America. Jefferies maintained the stock with “Buy” rating in Friday, August 21 report. The stock has “Mkt Perform” rating by Bernstein on Thursday, October 27. The stock of China Mobile Limited (NYSE:CHL) has “Buy” rating given on Wednesday, August 10 by Goldman Sachs. The firm has “Hold” rating given on Friday, March 24 by HSBC. The stock of China Mobile Limited (NYSE:CHL) has “Buy” rating given on Tuesday, January 19 by Deutsche Bank.

Investors sentiment increased to 3.27 in Q1 2018. Its up 2.22, from 1.05 in 2017Q4. It increased, as 4 investors sold SGU shares while 7 reduced holdings. 19 funds opened positions while 17 raised stakes. 36.33 million shares or 153.49% more from 14.33 million shares in 2017Q4 were reported. Fifth Third Bancorp owns 0% invested in Star Group, L.P. (NYSE:SGU) for 200 shares. Trexquant Investment LP stated it has 0.01% of its portfolio in Star Group, L.P. (NYSE:SGU). Cove Street Cap Ltd Limited Liability Company has invested 0.18% of its portfolio in Star Group, L.P. (NYSE:SGU). Tiff Advisory Services has 101,979 shares. Hotchkis Wiley Cap Mgmt Limited Liability stated it has 78,612 shares. Moab Cap Prtnrs stated it has 2.10 million shares or 4.33% of all its holdings. Royal Savings Bank Of Canada reported 340 shares. Deutsche Fincl Bank Ag stated it has 0% in Star Group, L.P. (NYSE:SGU). Jane Street Grp Lc holds 0% in Star Group, L.P. (NYSE:SGU) or 18,261 shares. Williams Jones And Associates Limited Liability accumulated 77,603 shares. Gsa Partners Limited Liability Partnership stated it has 56,009 shares. Acadian Asset Mgmt Ltd Liability reported 351,832 shares. M&R Cap Mngmt holds 23 shares. 872,369 are held by Renaissance Technologies Ltd Liability Corp. Arrowstreet Partnership holds 0% or 121,100 shares.

Star Group, L.P. (NYSE:SGU) Institutional Positions Chart

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