Riverstone Holdings Trimmed Position in Usa Compression Partners LP (USAC) by $194.62 Million as Share Price Declined; Peoples Financial Services Trimmed Its Community Bank System (CBU) Position by $596,303

June 20, 2018 - By Vivian Park

Community Bank System, Inc. (NYSE:CBU) Logo

Peoples Financial Services Corp decreased its stake in Community Bank System Inc (CBU) by 51.49% based on its latest 2018Q1 regulatory filing with the SEC. Peoples Financial Services Corp sold 11,251 shares as the company’s stock rose 8.63% while stock markets declined. The institutional investor held 10,600 shares of the finance company at the end of 2018Q1, valued at $568,000, down from 21,851 at the end of the previous reported quarter. Peoples Financial Services Corp who had been investing in Community Bank System Inc for a number of months, seems to be less bullish one the $3.13 billion market cap company. The stock increased 1.36% or $0.82 during the last trading session, reaching $61.33. About 164,306 shares traded. Community Bank System, Inc. (NYSE:CBU) has risen 9.96% since June 20, 2017 and is uptrending. It has underperformed by 2.61% the S&P500. Some Historical CBU News: 07/05/2018 – Community Bank System Presenting at Conference May 9; 21/05/2018 – COMMUNITY BANK SYSTEM NAMES JOSEPH E. SUTARIS EVP AND CFO; 24/04/2018 – COMMUNITY BANK SYSTEM 1Q EPS 78C, EST. 73C; 21/05/2018 – COMMUNITY BANK SYSTEM INC – SUTARIS IS CURRENTLY SERVING AS BANK’S SENIOR VICE PRESIDENT, FINANCE AND ACCOUNTING; 21/05/2018 – Community Bank System, Inc. Announces Senior Management Changes; 23/03/2018 – Community Bank System Closes Below 200-Day Moving Average; 26/03/2018 – Sound Community Bank Opens De Novo Branch in Seattle’s Belltown Neighborhood; 07/05/2018 – United Community Bank Recognized for Highest Customer Satisfaction in Southeast by J.D. Power; 24/04/2018 – COMMUNITY BANK SYSTEM 1Q ADJ EPS 82C; 08/05/2018 – Community Bank System Presenting at Conference Tomorrow

Riverstone Holdings Llc decreased its stake in Usa Compression Partners Lp (USAC) by 49.68% based on its latest 2018Q1 regulatory filing with the SEC. Riverstone Holdings Llc sold 12.16 million shares as the company’s stock declined 0.11% with the market. The hedge fund held 12.32M shares of the public utilities company at the end of 2018Q1, valued at $208.55 million, down from 24.48 million at the end of the previous reported quarter. Riverstone Holdings Llc who had been investing in Usa Compression Partners Lp for a number of months, seems to be less bullish one the $1.63B market cap company. The stock decreased 0.83% or $0.14 during the last trading session, reaching $16.77. About 327,069 shares traded or 9.43% up from the average. USA Compression Partners, LP (NYSE:USAC) has risen 11.89% since June 20, 2017 and is uptrending. It has underperformed by 0.68% the S&P500. Some Historical USAC News: 19/03/2018 – USA COMPRESSION PARTNERS LP – USAC DOES NOT EXPECT TO BE ADVERSELY IMPACTED BY ANNOUNCEMENT FROM FERC; 19/03/2018 – USA Compression Responds to FERC Announcement; 05/03/2018 – S&P ASSIGNS USA COMPRESSION PARTNERS, LP OUTLOOK TO ‘STABLE’; RATING ‘B+’; 05/03/2018 – S&PGR Rates USA Compression Partners ‘B+’; Outlook Stable; 05/03/2018 – Moody’s Assigns B3 Rating To Usa Compression’s Proposed Notes, B1 Cfr; 09/03/2018 – USA COMPRESSION PARTNERS, LP REPORTS PRICING OF $725M OFFERING; 09/05/2018 – USA Compression Partners Sees 2018 Loss $50M-Loss $30M; 09/05/2018 – ENERGY TRANSFER EQUITY LP ETE.N – QTRLY NET INCOME PER LIMITED PARTNER UNIT $0.31; 09/03/2018 – USA COMPRESSION – PRICING OF PRIVATE PLACEMENT BY UNIT OF $725 MLN IN AGGREGATE PRINCIPAL AMOUNT OF 6.875% SENIOR UNSECURED NOTES DUE 2026 AT PAR; 09/03/2018 – USA Compression Partners Sees Net Proceeds of $710.5 Million From Offering

Another recent and important USA Compression Partners, LP (NYSE:USAC) news was published by Streetinsider.com which published an article titled: “USA Compression Partners (USAC) Prices 5M Unit Secondary Offering at Approx. $16.20/Unit” on June 13, 2018.

Since June 15, 2018, it had 0 insider purchases, and 1 sale for $80.00 million activity.

Investors sentiment increased to 1.23 in Q1 2018. Its up 0.14, from 1.09 in 2017Q4. It improved, as 7 investors sold USAC shares while 15 reduced holdings. 12 funds opened positions while 15 raised stakes. 56.12 million shares or 16.76% less from 67.43 million shares in 2017Q4 were reported. Bard Assoc Inc holds 1.91% or 226,707 shares in its portfolio. Gsa Capital Ptnrs Llp invested in 99,572 shares. Wells Fargo Mn holds 0% or 16,784 shares in its portfolio. Huntington Commercial Bank invested 0% of its portfolio in USA Compression Partners, LP (NYSE:USAC). Bancshares Of America De invested 0% of its portfolio in USA Compression Partners, LP (NYSE:USAC). Wealthtrust reported 142 shares. Citadel Advsr Limited Liability Company accumulated 18,876 shares. 7,577 are owned by Barclays Public Limited Co. Royal Retail Bank Of Canada owns 31,715 shares for 0% of their portfolio. Tortoise Cap Advisors Lc reported 33 shares or 0% of all its holdings. Guggenheim Ltd Liability Com holds 0% of its portfolio in USA Compression Partners, LP (NYSE:USAC) for 72,755 shares. Georgia-based Invesco Ltd has invested 0% in USA Compression Partners, LP (NYSE:USAC). Advisory Network Limited Company reported 0% in USA Compression Partners, LP (NYSE:USAC). Creative Planning has invested 0% in USA Compression Partners, LP (NYSE:USAC). Sumitomo Mitsui Holdg holds 0% or 11,000 shares in its portfolio.

Among 8 analysts covering USA Compression Partners LP (NYSE:USAC), 4 have Buy rating, 2 Sell and 2 Hold. Therefore 50% are positive. USA Compression Partners LP had 30 analyst reports since July 28, 2015 according to SRatingsIntel. JP Morgan maintained USA Compression Partners, LP (NYSE:USAC) on Tuesday, February 13 with “Overweight” rating. On Thursday, May 12 the stock rating was maintained by Goldman Sachs with “Neutral”. As per Friday, September 1, the company rating was initiated by Janney Capital. The stock of USA Compression Partners, LP (NYSE:USAC) has “Buy” rating given on Wednesday, April 18 by Janney Capital. As per Tuesday, February 14, the company rating was downgraded by RBC Capital Markets. On Monday, September 25 the stock rating was maintained by RBC Capital Markets with “Hold”. JP Morgan downgraded USA Compression Partners, LP (NYSE:USAC) on Tuesday, July 28 to “Neutral” rating. The stock of USA Compression Partners, LP (NYSE:USAC) has “Hold” rating given on Monday, April 24 by RBC Capital Markets. The stock of USA Compression Partners, LP (NYSE:USAC) has “Underweight” rating given on Monday, January 11 by Barclays Capital. J.P. Morgan upgraded it to “Buy” rating and $22.0 target in Friday, January 19 report.

Analysts await USA Compression Partners, LP (NYSE:USAC) to report earnings on August, 3. After $0.12 actual earnings per share reported by USA Compression Partners, LP for the previous quarter, Wall Street now forecasts -166.67% negative EPS growth.

Since April 27, 2018, it had 0 insider purchases, and 5 sales for $1.85 million activity. STICKELS ERIC sold $787,857 worth of stock. Shares for $297,484 were sold by DONAHUE BRIAN D on Wednesday, May 2. $306,270 worth of stock was sold by MICHAEL R KALLET on Friday, April 27.

Among 10 analysts covering Community Bank Systems (NYSE:CBU), 1 have Buy rating, 0 Sell and 9 Hold. Therefore 10% are positive. Community Bank Systems had 23 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was downgraded by Sandler O’Neill on Friday, July 22 to “Hold”. RBC Capital Markets maintained the stock with “Sector Perform” rating in Tuesday, December 8 report. The company was downgraded on Thursday, January 12 by Sandler O’Neill. The stock has “Outperform” rating by Hovde Group on Wednesday, March 28. On Thursday, January 7 the stock rating was initiated by Piper Jaffray with “Neutral”. The company was maintained on Friday, October 13 by Keefe Bruyette & Woods. RBC Capital Markets maintained it with “Hold” rating and $57.0 target in Thursday, September 7 report. Keefe Bruyette & Woods maintained Community Bank System, Inc. (NYSE:CBU) on Monday, February 26 with “Hold” rating. The stock of Community Bank System, Inc. (NYSE:CBU) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. The firm earned “Hold” rating on Thursday, December 21 by Sandler O’Neill.

Analysts await Community Bank System, Inc. (NYSE:CBU) to report earnings on July, 30. They expect $0.80 EPS, up 9.59% or $0.07 from last year’s $0.73 per share. CBU’s profit will be $40.78M for 19.17 P/E if the $0.80 EPS becomes a reality. After $0.82 actual EPS reported by Community Bank System, Inc. for the previous quarter, Wall Street now forecasts -2.44% negative EPS growth.

Peoples Financial Services Corp, which manages about $174.85M US Long portfolio, upped its stake in Qualcomm Inc Com (NASDAQ:QCOM) by 5,700 shares to 6,846 shares, valued at $380,000 in 2018Q1, according to the filing.

Investors sentiment decreased to 1.25 in Q1 2018. Its down 0.07, from 1.32 in 2017Q4. It fall, as 16 investors sold CBU shares while 43 reduced holdings. 18 funds opened positions while 56 raised stakes. 34.74 million shares or 2.59% more from 33.86 million shares in 2017Q4 were reported. Lipe And Dalton owns 5,617 shares. Eastern Natl Bank holds 0.02% or 5,768 shares in its portfolio. Principal Group Inc reported 394,541 shares. Proshare Advisors Ltd Limited Liability Company invested in 130,589 shares. Ohio-based Stratos Wealth Prns Ltd has invested 0% in Community Bank System, Inc. (NYSE:CBU). Canandaigua Bankshares And Tru stated it has 4,203 shares or 0.03% of all its holdings. Profund Advisors Limited owns 8,886 shares. Teachers Retirement Sys Of The State Of Kentucky accumulated 15,096 shares or 0.01% of the stock. 177,115 were reported by Berkshire Asset Management Ltd Company Pa. Anchor Capital Limited Liability has invested 0.05% in Community Bank System, Inc. (NYSE:CBU). 9,500 are owned by Leisure Mgmt. Manufacturers Life Ins Co The holds 0.03% of its portfolio in Community Bank System, Inc. (NYSE:CBU) for 466,575 shares. Hanson & Doremus Invest Management owns 17,182 shares for 0.28% of their portfolio. Arizona State Retirement owns 0.04% invested in Community Bank System, Inc. (NYSE:CBU) for 80,160 shares. Services Automobile Association accumulated 0% or 7,777 shares.

Community Bank System, Inc. (NYSE:CBU) Institutional Positions Chart

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