Hite Hedge Asset Management Has Decreased By $4.93 Million Its Suburban Propane Partners L (SPH) Position; Masco (MAS) Covered By 13 Bullish Analysts Last Week

February 18, 2018 - By Richard Conner

Hite Hedge Asset Management Llc decreased Suburban Propane Partners L (SPH) stake by 58.37% reported in 2017Q3 SEC filing. Hite Hedge Asset Management Llc sold 189,763 shares as Suburban Propane Partners L (SPH)’s stock declined 14.64%. The Hite Hedge Asset Management Llc holds 135,349 shares with $3.53 million value, down from 325,112 last quarter. Suburban Propane Partners L now has $1.52B valuation. The stock decreased 1.12% or $0.28 during the last trading session, reaching $24.72. About 187,945 shares traded. Suburban Propane Partners, L.P. (NYSE:SPH) has declined 28.60% since February 18, 2017 and is downtrending. It has underperformed by 45.30% the S&P500.

Among 23 analysts covering Masco (NYSE:MAS), 13 have Buy rating, 0 Sell and 10 Hold. Therefore 57% are positive. Masco had 60 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was downgraded by Raymond James to “Market Perform” on Wednesday, October 25. The firm has “Buy” rating given on Thursday, April 6 by Longbow. As per Wednesday, July 27, the company rating was maintained by Jefferies. The firm has “Hold” rating given on Tuesday, August 22 by KeyBanc Capital Markets. The stock has “Outperform” rating by Macquarie Research on Wednesday, January 6. SunTrust upgraded the stock to “Buy” rating in Tuesday, July 28 report. RBC Capital Markets maintained it with “Outperform” rating and $37 target in Wednesday, October 26 report. The stock of Masco Corporation (NYSE:MAS) earned “Buy” rating by Jefferies on Wednesday, July 19. The company was downgraded on Friday, January 5 by J.P. Morgan. The company was maintained on Thursday, July 13 by Jefferies. See Masco Corporation (NYSE:MAS) latest ratings:

09/02/2018 Broker: RBC Capital Markets Rating: Buy New Target: $46.0 Maintain
09/02/2018 Broker: FBR Capital Rating: Buy New Target: $50.0 Maintain
22/01/2018 Broker: Credit Suisse Rating: Hold New Target: $46.0 Maintain
17/01/2018 Broker: Jefferies Rating: Buy New Target: $53.0 Maintain
05/01/2018 Broker: J.P. Morgan Rating: Hold Downgrade
05/01/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Neutral Downgrade
03/01/2018 Broker: Evercore Old Rating: Outperform New Rating: In-Line Downgrade
14/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $45.0 Maintain
31/10/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain
26/10/2017 Broker: Argus Research Rating: Buy Old Target: $44 New Target: $46 Maintain

Investors sentiment is 0.79 in 2017 Q3. Its the same as in 2017Q2. It is the same, as 16 investors sold SPH shares while 36 reduced holdings. only 13 funds opened positions while 28 raised stakes. 14.97 million shares or 0.98% less from 15.12 million shares in 2017Q2 were reported. Hudock Capital Group Inc Limited Liability holds 0% or 100 shares. Abrams Cap Mngmt Lp owns 0.69% invested in Suburban Propane Partners, L.P. (NYSE:SPH) for 682,414 shares. 300 are owned by Tradewinds Cap Management Lc. Community Bank & Trust Na has invested 0% of its portfolio in Suburban Propane Partners, L.P. (NYSE:SPH). 1.06 million were reported by Jpmorgan Chase. The New York-based Brown Brothers Harriman & Co has invested 0% in Suburban Propane Partners, L.P. (NYSE:SPH). Next Gru accumulated 2,888 shares. 26,824 are owned by Private Advisor Gp Lc. Rafferty Asset Management Limited Com reported 0.07% in Suburban Propane Partners, L.P. (NYSE:SPH). Hartford Fincl Mgmt accumulated 500 shares or 0.01% of the stock. Cohen Steers has invested 0.01% of its portfolio in Suburban Propane Partners, L.P. (NYSE:SPH). Raymond James Advsr invested in 157,831 shares or 0.03% of the stock. Cambridge Invest Research Advsr Inc has invested 0.01% in Suburban Propane Partners, L.P. (NYSE:SPH). Northwestern Mutual Wealth Management Commerce has 2,077 shares. Raymond James & Associates holds 53,022 shares or 0% of its portfolio.

Among 8 analysts covering Suburban Propane Partners (NYSE:SPH), 3 have Buy rating, 2 Sell and 3 Hold. Therefore 38% are positive. Suburban Propane Partners had 22 analyst reports since August 10, 2015 according to SRatingsIntel. As per Friday, May 20, the company rating was downgraded by Citigroup. Stifel Nicolaus maintained Suburban Propane Partners, L.P. (NYSE:SPH) on Thursday, September 21 with “Hold” rating. Stifel Nicolaus maintained Suburban Propane Partners, L.P. (NYSE:SPH) rating on Thursday, July 13. Stifel Nicolaus has “Hold” rating and $2500 target. Raymond James upgraded Suburban Propane Partners, L.P. (NYSE:SPH) on Friday, February 9 to “Buy” rating. Citigroup upgraded Suburban Propane Partners, L.P. (NYSE:SPH) on Friday, February 5 to “Buy” rating. As per Wednesday, July 20, the company rating was initiated by Janney Capital. UBS downgraded the stock to “Neutral” rating in Friday, June 10 report. The company was maintained on Tuesday, August 11 by Barclays Capital. The stock of Suburban Propane Partners, L.P. (NYSE:SPH) earned “Neutral” rating by UBS on Monday, August 10. The firm earned “Buy” rating on Wednesday, January 3 by UBS.

Since September 18, 2017, it had 0 insider purchases, and 1 insider sale for $51,471 activity. 2,127 Suburban Propane Partners, L.P. (NYSE:SPH) shares with value of $51,471 were sold by LOGAN HAROLD R JR.

Hite Hedge Asset Management Llc increased Kimbell Rty Partners Lp stake by 23,524 shares to 136,014 valued at $2.15 million in 2017Q3. It also upped Golar Lng Ltd Bermuda (NASDAQ:GLNG) stake by 236,376 shares and now owns 1.80M shares. Antero Midstream Gp Lp was raised too.

The stock increased 0.89% or $0.38 during the last trading session, reaching $43.21. About 2.77 million shares traded. Masco Corporation (NYSE:MAS) has risen 18.02% since February 18, 2017 and is uptrending. It has outperformed by 1.32% the S&P500.

Investors sentiment decreased to 0.98 in Q3 2017. Its down 0.08, from 1.06 in 2017Q2. It dived, as 49 investors sold Masco Corporation shares while 180 reduced holdings. 60 funds opened positions while 165 raised stakes. 275.40 million shares or 0.11% more from 275.10 million shares in 2017Q2 were reported. King Luther Cap Management Corporation accumulated 49,050 shares. Vnbtrust Natl Association holds 5,300 shares or 0.08% of its portfolio. Commonwealth Equity reported 35,336 shares. Switzerland-based Robecosam Ag has invested 1.16% in Masco Corporation (NYSE:MAS). Kornitzer Cap Mgmt Ks owns 74,830 shares for 0.05% of their portfolio. Japan-based Daiwa Securities Grp Inc has invested 0% in Masco Corporation (NYSE:MAS). Liberty Mutual Grp Asset Management owns 14,396 shares. Trustco Comml Bank Corp N Y stated it has 0.57% in Masco Corporation (NYSE:MAS). Exane Derivatives stated it has 47,613 shares. Congress Asset Mngmt Ma invested 1.22% of its portfolio in Masco Corporation (NYSE:MAS). Citigroup Inc holds 0% or 100,721 shares in its portfolio. Tokio Marine Asset Company Ltd reported 65,931 shares. Abner Herrman Brock has 135,438 shares. The France-based Credit Agricole S A has invested 0.14% in Masco Corporation (NYSE:MAS). Teachers Retirement Sys Of The State Of Kentucky holds 0.02% of its portfolio in Masco Corporation (NYSE:MAS) for 35,300 shares.

Masco Corporation designs, manufactures, markets, and distributes home improvement and building products worldwide. The company has market cap of $13.54 billion. The Company’s Plumbing Products segment provides faucets, showerheads, handheld showers, valves, bathing units, shower enclosures, toilets, acrylic tubs, shower trays, spas products, exercise pools and systems, brass and copper plumbing system components, and other non-decorative plumbing products. It has a 26.03 P/E ratio. The companyÂ’s Decorative Architectural Products segment offers architectural coatings, including paints, primers, specialty paints, stains, and waterproofing products; cabinet, door, window, and hardware products; and functional hardware, wall plates, hook and rail products, and picture hanging accessories, as well as decorative bath hardware, shower accessories, and shower doors.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


>