Swift Run Capital Management Cut Its Holding in Mplx LP (MPLX) as Stock Declined; Citigroup (C) Holding Maintained by Robeco Institutional Asset Management

December 7, 2017 - By Dolores Ford

Tim Mullen decreased its stake in Mplx Lp (MPLX) by 49.53% based on its latest 2017Q2 regulatory filing with the SEC. Swift Run Capital Management Llc sold 10,024 shares as the company’s stock declined 7.56% while stock markets rallied. The hedge fund run by Tim Mullen held 10,215 shares of the natural gas distribution company at the end of 2017Q2, valued at $341,000, down from 20,239 at the end of the previous reported quarter. Swift Run Capital Management Llc who had been investing in Mplx Lp for a number of months, seems to be less bullish one the $14.78B market cap company. The stock decreased 0.28% or $0.1 during the last trading session, reaching $35.59. About 248,497 shares traded. MPLX LP (NYSE:MPLX) has risen 11.48% since December 7, 2016 and is uptrending. It has underperformed by 5.22% the S&P500.

Robeco Institutional Asset Management increased its stake in Citigroup Inc (C) by 1.9% based on its latest 2017Q2 regulatory filing with the SEC. Robeco Institutional Asset Management bought 43,353 shares as the company’s stock rose 1.55% with the market. The institutional investor held 2.32 million shares of the major banks company at the end of 2017Q2, valued at $155.34 million, up from 2.28 million at the end of the previous reported quarter. Robeco Institutional Asset Management who had been investing in Citigroup Inc for a number of months, seems to be bullish on the $198.51 billion market cap company. The stock decreased 0.48% or $0.36 during the last trading session, reaching $75.08. About 8.54M shares traded. Citigroup Inc. (NYSE:C) has risen 35.60% since December 7, 2016 and is uptrending. It has outperformed by 18.90% the S&P500.

Analysts await MPLX LP (NYSE:MPLX) to report earnings on February, 7. They expect $0.28 EPS, up 64.71% or $0.11 from last year’s $0.17 per share. MPLX’s profit will be $116.30 million for 31.78 P/E if the $0.28 EPS becomes a reality. After $0.29 actual EPS reported by MPLX LP for the previous quarter, Wall Street now forecasts -3.45% negative EPS growth.

Another recent and important MPLX LP (NYSE:MPLX) news was published by Nasdaq.com which published an article titled: “Marathon Petroleum Corp. and MPLX LP announce agreement for approximately $8.1 …” on November 13, 2017.

Swift Run Capital Management Llc, which manages about $239.73M and $173.51M US Long portfolio, upped its stake in Marathon Petroleum Corp (NYSE:MPC) by 104,408 shares to 298,706 shares, valued at $15.63M in 2017Q2, according to the filing.

Since June 12, 2017, it had 1 buy, and 0 sales for $299,371 activity.

Investors sentiment decreased to 1.26 in 2017 Q2. Its down 0.21, from 1.47 in 2017Q1. It is negative, as 26 investors sold MPLX shares while 69 reduced holdings. 21 funds opened positions while 99 raised stakes. 248.36 million shares or 4.76% more from 237.08 million shares in 2017Q1 were reported. Fifth Third Natl Bank holds 0.01% or 22,285 shares. The Tennessee-based Green Square Limited has invested 0.17% in MPLX LP (NYSE:MPLX). Zimmer Ptnrs Limited Partnership holds 0.94% or 1.19 million shares in its portfolio. Winslow Evans And Crocker holds 0% of its portfolio in MPLX LP (NYSE:MPLX) for 19,478 shares. Oppenheimer & Inc accumulated 23,703 shares. Payden Rygel has 1,308 shares for 0% of their portfolio. Bamco New York holds 0.01% or 31,100 shares. Tarbox Family Office Inc reported 0.06% of its portfolio in MPLX LP (NYSE:MPLX). Conning Incorporated invested in 0.24% or 197,102 shares. 42,961 are owned by Karpas Strategies Lc. Da Davidson holds 0% or 5,230 shares in its portfolio. Janney Montgomery Scott Limited Liability Company stated it has 0.02% of its portfolio in MPLX LP (NYSE:MPLX). Virtu Fincl Limited Com has invested 0.66% in MPLX LP (NYSE:MPLX). Prudential Public Limited Company holds 87,200 shares. Summit Equities has 29,939 shares for 0.2% of their portfolio.

Among 20 analysts covering MPLX LP (NYSE:MPLX), 18 have Buy rating, 0 Sell and 2 Hold. Therefore 90% are positive. MPLX LP had 50 analyst reports since October 20, 2015 according to SRatingsIntel. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, July 6. Howard Weil maintained it with “Sector Outperform” rating and $29 target in Thursday, February 4 report. The stock has “Buy” rating by Evercore on Wednesday, November 11. The firm earned “Buy” rating on Thursday, June 1 by Jefferies. As per Tuesday, July 19, the company rating was initiated by Barclays Capital. The stock has “Buy” rating by Stifel Nicolaus on Thursday, October 5. FBR Capital initiated MPLX LP (NYSE:MPLX) on Friday, September 9 with “Mkt Perform” rating. The stock of MPLX LP (NYSE:MPLX) has “Buy” rating given on Thursday, October 26 by Stifel Nicolaus. The rating was initiated by Raymond James with “Market Perform” on Thursday, April 21. Jefferies maintained it with “Buy” rating and $42.0 target in Monday, August 14 report.

Investors sentiment is 1.1 in Q2 2017. Its the same as in 2017Q1. It is the same, as 67 investors sold C shares while 443 reduced holdings. only 124 funds opened positions while 435 raised stakes. 2.03 billion shares or 1.74% more from 2.00 billion shares in 2017Q1 were reported. Culbertson A N & Communication reported 0.53% stake. Sound Shore Management Ct reported 3.45M shares. Invsts Asset Mngmt Of Georgia Ga Adv reported 5,359 shares or 0.25% of all its holdings. Sunbelt Securities invested 1.52% of its portfolio in Citigroup Inc. (NYSE:C). First Personal Fincl reported 8,379 shares. Vaughan David Il invested in 0.01% or 4,087 shares. Crestwood Group Lc invested in 0.03% or 5,250 shares. Patten Gru has 0.07% invested in Citigroup Inc. (NYSE:C) for 2,510 shares. Montrusco Bolton invested 0.01% in Citigroup Inc. (NYSE:C). Fincl Pro invested in 2 shares or 0% of the stock. Beach Management Lc, a Pennsylvania-based fund reported 349,614 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt holds 0.21% of its portfolio in Citigroup Inc. (NYSE:C) for 204,549 shares. Tompkins Fincl Corp has invested 0% in Citigroup Inc. (NYSE:C). Cullen Cap Mngmt Ltd Liability Corp has invested 0.04% in Citigroup Inc. (NYSE:C). Parkwood Lc stated it has 5,004 shares or 0.05% of all its holdings.

More notable recent Citigroup Inc. (NYSE:C) news were published by: Investorplace.com which released: “Why Citigroup Inc Stock Will Blast Through the $75 Level” on December 04, 2017, also Reuters.com with their article: “Citigroup sees ‘high teens’ percentage decline in fourth-quarter markets revenue” published on December 06, 2017, Reuters.com published: “Citigroup expects ‘high teens’ percentage fall in fourth-quarter markets revenue” on December 06, 2017. More interesting news about Citigroup Inc. (NYSE:C) were released by: Seekingalpha.com and their article: “Citi Warrants – An Unusual Case” published on December 04, 2017 as well as Investorplace.com‘s news article titled: “What You Have to Know About Citigroup Inc” with publication date: November 29, 2017.

Among 37 analysts covering Citigroup Inc. (NYSE:C), 19 have Buy rating, 3 Sell and 15 Hold. Therefore 51% are positive. Citigroup Inc. had 103 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating by Portales Partners given on Thursday, January 7. Wells Fargo downgraded Citigroup Inc. (NYSE:C) on Friday, July 8 to “Market Perform” rating. The stock of Citigroup Inc. (NYSE:C) has “Underperform” rating given on Wednesday, September 27 by Raymond James. The firm has “Buy” rating given on Thursday, June 1 by BMO Capital Markets. On Tuesday, October 6 the stock rating was initiated by Susquehanna with “Neutral”. Raymond James initiated the stock with “Hold” rating in Tuesday, October 31 report. The stock of Citigroup Inc. (NYSE:C) earned “Buy” rating by Wells Fargo on Monday, October 2. Barclays Capital maintained the shares of C in report on Tuesday, January 3 with “Overweight” rating. The stock has “Outperform” rating by Macquarie Research on Monday, October 19. The stock of Citigroup Inc. (NYSE:C) earned “Buy” rating by RBC Capital Markets on Monday, September 25.

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