Western Gas Equity Partners LP (WGP) Shareholder Lucas Capital Management Has Decreased Its Position by $1.23 Million; Kimberly (KMB) Shareholder Patten Group Raised Its Holding by $304,717

February 15, 2018 - By Adrian Erickson

Russell Lucas decreased its stake in Western Gas Equity Partners Lp (WGP) by 35.6% based on its latest 2017Q3 regulatory filing with the SEC. Lucas Capital Management sold 30,019 shares as the company’s stock declined 5.04% while stock markets rallied. The hedge fund run by Russell Lucas held 54,304 shares of the public utilities company at the end of 2017Q3, valued at $2.24M, down from 84,323 at the end of the previous reported quarter. Lucas Capital Management who had been investing in Western Gas Equity Partners Lp for a number of months, seems to be less bullish one the $8.73 billion market cap company. The stock decreased 0.40% or $0.16 during the last trading session, reaching $39.87. About 169,649 shares traded. Western Gas Equity Partners, LP (NYSE:WGP) has risen 3.31% since February 15, 2017 and is uptrending. It has underperformed by 13.39% the S&P500.

Patten Group Inc increased its stake in Kimberly (KMB) by 4.08% based on its latest 2017Q3 regulatory filing with the SEC. Patten Group Inc bought 3,017 shares as the company’s stock declined 3.59% while stock markets rallied. The institutional investor held 76,959 shares of the containers and packaging company at the end of 2017Q3, valued at $7.81 million, up from 73,942 at the end of the previous reported quarter. Patten Group Inc who had been investing in Kimberly for a number of months, seems to be bullish on the $40.42 billion market cap company. The stock increased 2.23% or $2.51 during the last trading session, reaching $115.24. About 1.12 million shares traded. Kimberly-Clark Corporation (NYSE:KMB) has risen 0.32% since February 15, 2017 and is uptrending. It has underperformed by 16.38% the S&P500.

Investors sentiment increased to 1.23 in 2017 Q3. Its up 0.11, from 1.12 in 2017Q2. It is positive, as 10 investors sold WGP shares while 30 reduced holdings. 13 funds opened positions while 36 raised stakes. 39.37 million shares or 2.95% more from 38.24 million shares in 2017Q2 were reported. Mai Capital Mgmt owns 90,013 shares or 0.23% of their US portfolio. First Trust Advisors Ltd Partnership holds 96,085 shares. State Of New Jersey Common Pension Fund D stated it has 69,900 shares or 0.01% of all its holdings. Angelo Gordon And Company LP invested 0.02% in Western Gas Equity Partners, LP (NYSE:WGP). Conning stated it has 0.11% in Western Gas Equity Partners, LP (NYSE:WGP). 2.67 million were accumulated by Bankshares Of America Corporation De. Ftb Advsrs accumulated 182 shares or 0% of the stock. Raymond James & Associates owns 7,840 shares. Eagle Global Ltd Llc accumulated 148,460 shares. Signaturefd Lc reported 14,575 shares. Hollow Brook Wealth Management Ltd Liability Com stated it has 116,777 shares. Yorkville Mgmt Ltd Liability Corp holds 0.77% of its portfolio in Western Gas Equity Partners, LP (NYSE:WGP) for 16,254 shares. Blackrock invested in 15,800 shares. Morgan Stanley reported 645,614 shares stake. Moreover, Guggenheim Capital Llc has 0% invested in Western Gas Equity Partners, LP (NYSE:WGP) for 10,674 shares.

Analysts await Western Gas Equity Partners, LP (NYSE:WGP) to report earnings on February, 28. They expect $0.44 EPS, up 12.82% or $0.05 from last year’s $0.39 per share. WGP’s profit will be $96.33 million for 22.65 P/E if the $0.44 EPS becomes a reality. After $0.44 actual EPS reported by Western Gas Equity Partners, LP for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 19 analysts covering Western Gas Equity Partners (NYSE:WGP), 8 have Buy rating, 0 Sell and 11 Hold. Therefore 42% are positive. Western Gas Equity Partners had 34 analyst reports since August 3, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Monday, September 25 with “Buy”. On Wednesday, January 17 the stock rating was downgraded by Barclays Capital to “Equal-Weight”. The stock has “Equal-Weight” rating by Barclays Capital on Monday, November 2. The stock of Western Gas Equity Partners, LP (NYSE:WGP) earned “Equalweight” rating by CapitalOne on Thursday, January 14. The company was maintained on Thursday, November 2 by Morgan Stanley. On Monday, October 10 the stock rating was maintained by with “Equal-Weight”. The firm has “Market Perform” rating given on Monday, January 18 by Wells Fargo. MUFG initiated it with “Neutral” rating and $45 target in Friday, June 17 report. The company was maintained on Monday, January 29 by Scotia Capital. The firm has “Neutral” rating given on Friday, March 11 by Goldman Sachs.

Patten Group Inc, which manages about $247.19 million US Long portfolio, decreased its stake in Spdr S&P 600 Small Cap Value Etf by 779 shares to 1 shares, valued at $99,000 in 2017Q3, according to the filing. It also reduced its holding in Commerce Union Bancshares Inc (NASDAQ:CUBN) by 6,843 shares in the quarter, leaving it with 1,945 shares, and cut its stake in Ashland Global Holdings Inc.

Investors sentiment decreased to 0.96 in 2017 Q3. Its down 0.01, from 0.97 in 2017Q2. It worsened, as 64 investors sold KMB shares while 404 reduced holdings. 84 funds opened positions while 363 raised stakes. 245.40 million shares or 1.70% more from 241.30 million shares in 2017Q2 were reported. Cwm Ltd accumulated 0.01% or 1,470 shares. Ent has invested 0.35% of its portfolio in Kimberly-Clark Corporation (NYSE:KMB). Essex Fincl Ser Incorporated owns 8,522 shares. Dupont Capital Mgmt reported 3,610 shares. British Columbia Inv Mngmt Corp holds 266,223 shares or 0.24% of its portfolio. 5,777 were accumulated by Buckhead Capital Mgmt Limited Com. Yhb Inv holds 3,069 shares or 0.06% of its portfolio. Williams Jones Assoc Ltd Liability Com holds 0.03% or 11,400 shares in its portfolio. Shell Asset Management stated it has 286,618 shares. 278,588 were reported by Robeco Institutional Asset Bv. 5,083 were accumulated by Stearns Fincl Service Grp Inc Incorporated. Amer Interest Group Incorporated accumulated 168,653 shares or 0.07% of the stock. Pettyjohn Wood And White owns 0.84% invested in Kimberly-Clark Corporation (NYSE:KMB) for 19,265 shares. Eastern Natl Bank invested in 103,816 shares or 0.87% of the stock. Ferguson Wellman Capital accumulated 49,900 shares or 0.21% of the stock.

Since January 29, 2018, it had 0 buys, and 1 insider sale for $2.77 million activity.

Among 18 analysts covering Kimberly-Clark (NYSE:KMB), 2 have Buy rating, 5 Sell and 11 Hold. Therefore 11% are positive. Kimberly-Clark had 58 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Hold” on Friday, June 30. Goldman Sachs maintained the shares of KMB in report on Tuesday, October 25 with “Buy” rating. RBC Capital Markets maintained the shares of KMB in report on Friday, May 26 with “Hold” rating. The rating was maintained by UBS with “Neutral” on Wednesday, July 26. Deutsche Bank maintained Kimberly-Clark Corporation (NYSE:KMB) on Thursday, October 22 with “Buy” rating. The rating was maintained by Goldman Sachs on Monday, June 19 with “Buy”. The rating was initiated by Societe Generale on Friday, August 21 with “Hold”. On Tuesday, September 5 the stock rating was maintained by Jefferies with “Hold”. The stock of Kimberly-Clark Corporation (NYSE:KMB) earned “Neutral” rating by Citigroup on Wednesday, July 27. The firm has “Neutral” rating by Macquarie Research given on Friday, September 15.

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