As Oracle (ORCL) Market Value Rose, Foster & Motley Has Upped Holding; Genesis Energy LP (GEL) Stake Maintained by Harvest Fund Advisors Llc

October 6, 2017 - By Ellis Scott

Harvest Fund Advisors Llc increased its stake in Genesis Energy LP (GEL) by 26.84% based on its latest 2017Q2 regulatory filing with the SEC. Harvest Fund Advisors Llc bought 349,529 shares as the company’s stock declined 7.73% while stock markets rallied. The hedge fund held 1.65 million shares of the energy company at the end of 2017Q2, valued at $52.42 million, up from 1.30 million at the end of the previous reported quarter. Harvest Fund Advisors Llc who had been investing in Genesis Energy LP for a number of months, seems to be bullish on the $3.23B market cap company. The stock declined 0.30% or $0.08 reaching $26.31 on the news. About 140,219 shares traded. Genesis Energy, L.P. (NYSE:GEL) has declined 14.17% since October 6, 2016 and is downtrending. It has underperformed by 30.87% the S&P500.

Foster & Motley Inc increased its stake in Oracle Corporation (ORCL) by 3.13% based on its latest 2017Q2 regulatory filing with the SEC. Foster & Motley Inc bought 7,249 shares as the company’s stock rose 5.35% with the market. The institutional investor held 239,189 shares of the prepackaged software company at the end of 2017Q2, valued at $11.99 million, up from 231,940 at the end of the previous reported quarter. Foster & Motley Inc who had been investing in Oracle Corporation for a number of months, seems to be bullish on the $201.52B market cap company. The stock declined 1.28% or $0.62 reaching $48.28 on the news. About 10.58M shares traded. Oracle Corporation (NYSE:ORCL) has risen 14.08% since October 6, 2016 and is uptrending. It has underperformed by 2.62% the S&P500.

More news for Genesis Energy, L.P. (NYSE:GEL) were recently published by: Nasdaq.com, which released: “Genesis Energy, LP (GEL) Ex-Dividend Date Scheduled for July 27, 2017” on July 26, 2017. Businesswire.com‘s article titled: “Genesis Energy, LP to Present at the 2017 Deutsche Bank Leveraged Finance …” and published on October 03, 2017 is yet another important article.

Among 14 analysts covering Genesis Energy LP (NYSE:GEL), 9 have Buy rating, 1 Sell and 4 Hold. Therefore 64% are positive. Genesis Energy LP had 31 analyst reports since July 21, 2015 according to SRatingsIntel. As per Friday, February 19, the company rating was maintained by Credit Suisse. The rating was downgraded by Credit Suisse to “Neutral” on Friday, November 4. Credit Suisse upgraded Genesis Energy, L.P. (NYSE:GEL) on Monday, May 8 to “Outperform” rating. Robert W. Baird upgraded Genesis Energy, L.P. (NYSE:GEL) rating on Monday, August 7. Robert W. Baird has “Outperform” rating and $37 target. The stock has “Neutral” rating by Robert W. Baird on Thursday, July 13. The firm earned “Buy” rating on Friday, September 25 by Cowen & Co. Wells Fargo downgraded the stock to “Market Perform” rating in Monday, January 18 report. The rating was downgraded by Wells Fargo to “Market Perform” on Friday, January 15. The firm earned “Equal-Weight” rating on Wednesday, August 10 by Barclays Capital. Barclays Capital downgraded Genesis Energy, L.P. (NYSE:GEL) on Tuesday, July 18 to “Underweight” rating.

Since June 13, 2017, it had 1 buy, and 0 sales for $1.03 million activity.

Investors sentiment decreased to 1.18 in 2017 Q2. Its down 0.25, from 1.43 in 2017Q1. It turned negative, as 18 investors sold GEL shares while 39 reduced holdings. 18 funds opened positions while 49 raised stakes. 89.51 million shares or 1.56% more from 88.13 million shares in 2017Q1 were reported. Estabrook Capital Management reported 0% of its portfolio in Genesis Energy, L.P. (NYSE:GEL). Peak6 Investments Limited Partnership holds 5,617 shares or 0% of its portfolio. Blackrock Incorporated has 809,413 shares for 0% of their portfolio. Clearbridge Limited Liability Corp reported 9.24 million shares. Stephens Ar holds 22,303 shares. Cv Starr And Tru reported 4.1% in Genesis Energy, L.P. (NYSE:GEL). Whittier invested 0% of its portfolio in Genesis Energy, L.P. (NYSE:GEL). Manufacturers Life Co The has 3,897 shares for 0% of their portfolio. Exane Derivatives holds 37 shares or 0% of its portfolio. Pinnacle Hldgs Limited Co holds 96,819 shares. Wells Fargo And Commerce Mn invested 0% of its portfolio in Genesis Energy, L.P. (NYSE:GEL). Rafferty Asset Ltd holds 102,395 shares. Alps Advsr Inc holds 7.83M shares. 16,423 were reported by Groesbeck Inv Mngmt Nj. Riverpoint Cap Limited Liability has 0.05% invested in Genesis Energy, L.P. (NYSE:GEL) for 21,050 shares.

Harvest Fund Advisors Llc, which manages about $5.20 billion and $9.71B US Long portfolio, decreased its stake in Westlake Chem Partners Lp (NYSE:WLKP) by 25,786 shares to 3.01 million shares, valued at $74.47M in 2017Q2, according to the filing. It also reduced its holding in Boardwalk Pipeline Partners (NYSE:BWP) by 833,552 shares in the quarter, leaving it with 10.71M shares, and cut its stake in Plains All Amern Pipeline L (NYSE:PAA).

Investors sentiment is 0.95 in Q2 2017. Its the same as in 2017Q1. It is the same, as 49 investors sold ORCL shares while 572 reduced holdings. only 140 funds opened positions while 449 raised stakes. 2.35 billion shares or 0.02% less from 2.35 billion shares in 2017Q1 were reported. Moreover, Jfs Wealth Llc has 0.04% invested in Oracle Corporation (NYSE:ORCL) for 2,998 shares. First Mercantile Trust holds 0.67% or 73,486 shares. Gyroscope Mngmt Gru Limited Liability Com owns 41,134 shares or 1.03% of their US portfolio. Sather Fincl Group Inc has 183,827 shares. First Heartland Consultants Incorporated reported 14,498 shares. Los Angeles Capital Mngmt Equity Research Inc stated it has 617,965 shares or 0.19% of all its holdings. California State Teachers Retirement System stated it has 5.50 million shares. 150,530 were accumulated by Veritable Limited Partnership. Mufg Americas Corp reported 0.33% in Oracle Corporation (NYSE:ORCL). Renaissance Grp Ltd Liability holds 1.27% or 690,027 shares in its portfolio. 43,986 were reported by Wealth Enhancement Advisory Lc. Mitsubishi Ufj Secs Holdings Limited has invested 0.02% of its portfolio in Oracle Corporation (NYSE:ORCL). Miller Management Lp invested in 9,823 shares. Bluemountain Management Limited Liability Corp reported 3,651 shares. Moreover, Davidson And Garrard has 0.22% invested in Oracle Corporation (NYSE:ORCL) for 18,814 shares.

More notable recent Oracle Corporation (NYSE:ORCL) news were published by: Seekingalpha.com which released: “Oracle announces the Autonomous Database Cloud” on October 02, 2017, also Seekingalpha.com with their article: “Oracle Momentum Accelerating – Buy Before The September 14th Earnings Report” published on September 11, 2017, Seekingalpha.com published: “Earnings Preview: Oracle Reports Fiscal First Quarter Results On Thursday” on September 13, 2017. More interesting news about Oracle Corporation (NYSE:ORCL) were released by: Seekingalpha.com and their article: “Oracle Launches Critical New Cloud Product” published on October 04, 2017 as well as Seekingalpha.com‘s news article titled: “Oracle – A Reluctant Bull Lifts His Horns” with publication date: September 19, 2017.

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