Black Hills (BKH) Valuation Rose While Kennedy Capital Management Has Boosted Holding; Brown Advisory Cut Colgate Palmolive Co (CL) Holding by $318,096

January 18, 2018 - By Kurt Siggers

Kennedy Capital Management Inc increased its stake in Black Hills Corp (BKH) by 9.61% based on its latest 2017Q3 regulatory filing with the SEC. Kennedy Capital Management Inc bought 26,945 shares as the company’s stock rose 7.97% with the market. The institutional investor held 307,311 shares of the central company at the end of 2017Q3, valued at $21.17M, up from 280,366 at the end of the previous reported quarter. Kennedy Capital Management Inc who had been investing in Black Hills Corp for a number of months, seems to be bullish on the $2.82B market cap company. The stock decreased 1.46% or $0.78 during the last trading session, reaching $52.68. About 98,398 shares traded. Black Hills Corporation (NYSE:BKH) has risen 15.49% since January 18, 2017 and is uptrending. It has underperformed by 1.21% the S&P500.

Brown Advisory Inc decreased its stake in Colgate Palmolive Co (CL) by 2.54% based on its latest 2017Q3 regulatory filing with the SEC. Brown Advisory Inc sold 4,418 shares as the company’s stock rose 3.95% with the market. The institutional investor held 169,861 shares of the package goods and cosmetics company at the end of 2017Q3, valued at $12.37 million, down from 174,279 at the end of the previous reported quarter. Brown Advisory Inc who had been investing in Colgate Palmolive Co for a number of months, seems to be less bullish one the $67.16B market cap company. The stock decreased 0.26% or $0.1963 during the last trading session, reaching $76.4837. About 1.34 million shares traded. Colgate-Palmolive Company (NYSE:CL) has risen 6.23% since January 18, 2017 and is uptrending. It has underperformed by 10.47% the S&P500.

Kennedy Capital Management Inc, which manages about $5.67B and $5.55 billion US Long portfolio, decreased its stake in Bankunited Inc (NYSE:BKU) by 184,896 shares to 386,474 shares, valued at $13.75 million in 2017Q3, according to the filing. It also reduced its holding in Commvault Systems Inc (NASDAQ:CVLT) by 49,015 shares in the quarter, leaving it with 387,702 shares, and cut its stake in Ipg Photonics Corporation (NASDAQ:IPGP).

Among 8 analysts covering Black Hills Corp (NYSE:BKH), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Black Hills Corp had 29 analyst reports since August 7, 2015 according to SRatingsIntel. The company was maintained on Friday, August 4 by BMO Capital Markets. The stock of Black Hills Corporation (NYSE:BKH) has “Buy” rating given on Tuesday, January 19 by Williams Capital Group. The firm has “Buy” rating given on Tuesday, December 8 by Bank of America. RBC Capital Markets maintained Black Hills Corporation (NYSE:BKH) rating on Sunday, September 10. RBC Capital Markets has “Buy” rating and $73.0 target. The stock has “Outperform” rating by Credit Suisse on Monday, November 6. The stock of Black Hills Corporation (NYSE:BKH) earned “Outperform” rating by BMO Capital Markets on Monday, January 25. RBC Capital Markets maintained Black Hills Corporation (NYSE:BKH) rating on Sunday, July 30. RBC Capital Markets has “Buy” rating and $7000 target. The firm earned “Overweight” rating on Thursday, October 12 by JP Morgan. The stock of Black Hills Corporation (NYSE:BKH) has “Outperform” rating given on Monday, January 4 by RBC Capital Markets. The firm has “Buy” rating given on Thursday, June 29 by RBC Capital Markets.

Investors sentiment decreased to 1.18 in 2017 Q3. Its down 0.37, from 1.55 in 2017Q2. It is negative, as 14 investors sold BKH shares while 70 reduced holdings. 34 funds opened positions while 65 raised stakes. 50.08 million shares or 1.86% more from 49.16 million shares in 2017Q2 were reported. Moreover, Vantage Invest Advsrs Limited Liability has 0.01% invested in Black Hills Corporation (NYSE:BKH). Hightower Advsrs Ltd Liability has invested 0% in Black Hills Corporation (NYSE:BKH). Ftb Advisors Inc has 0% invested in Black Hills Corporation (NYSE:BKH). Rothschild Asset Mgmt has invested 0.39% in Black Hills Corporation (NYSE:BKH). South Dakota Investment Council reported 30,500 shares stake. 4,991 were reported by Bollard Gp Ltd Limited Liability Company. Miller Howard Invests Inc Ny has 22,175 shares. Schwab Charles Inv Mngmt Inc reported 0.02% of its portfolio in Black Hills Corporation (NYSE:BKH). State Teachers Retirement Systems accumulated 85,640 shares or 0.01% of the stock. Axa stated it has 0.02% in Black Hills Corporation (NYSE:BKH). Dearborn Prns Limited Com reported 7,198 shares stake. Bnp Paribas Arbitrage, New York-based fund reported 24,261 shares. Tradewinds Capital Mgmt Lc holds 0.02% or 467 shares. Federated Invsts Pa owns 20,760 shares or 0% of their US portfolio. Duff & Phelps Invest Mngmt accumulated 1.03% or 1.07M shares.

Analysts await Colgate-Palmolive Company (NYSE:CL) to report earnings on January, 26. They expect $0.75 EPS, 0.00% or $0.00 from last year’s $0.75 per share. CL’s profit will be $658.58M for 25.49 P/E if the $0.75 EPS becomes a reality. After $0.73 actual EPS reported by Colgate-Palmolive Company for the previous quarter, Wall Street now forecasts 2.74% EPS growth.

Investors sentiment is 0.9 in 2017 Q3. Its the same as in 2017Q2. It is flat, as 52 investors sold CL shares while 437 reduced holdings. only 92 funds opened positions while 350 raised stakes. 617.24 million shares or 0.04% less from 617.46 million shares in 2017Q2 were reported. Stearns Financial Service Gru invested 0.12% in Colgate-Palmolive Company (NYSE:CL). Moreover, Johnson Invest Counsel has 0.04% invested in Colgate-Palmolive Company (NYSE:CL). Smithfield Tru holds 0.19% or 18,868 shares. Moreover, Louisiana State Employees Retirement Sys has 0.19% invested in Colgate-Palmolive Company (NYSE:CL) for 55,000 shares. Fiera Cap invested in 4.67M shares. Jpmorgan Chase Co accumulated 0.05% or 3.17M shares. Westpac stated it has 0.36% in Colgate-Palmolive Company (NYSE:CL). 3,812 were accumulated by Holt Capital Advsrs Lc Dba Holt Capital Partners Lp. Nuveen Asset Mngmt Ltd Co holds 0.02% or 41,867 shares. 6,666 were accumulated by Spears Abacus Limited Liability Corp. Farmers And Merchants Investments accumulated 0.08% or 13,970 shares. Covington Capital Mngmt holds 149,643 shares or 0.72% of its portfolio. Raymond James Associate owns 260,291 shares or 0.04% of their US portfolio. Horizon Kinetics Ltd Liability Company accumulated 4,074 shares or 0.01% of the stock. Zwj Inv Counsel Inc holds 0.03% in Colgate-Palmolive Company (NYSE:CL) or 4,550 shares.

Since August 1, 2017, it had 0 insider purchases, and 8 insider sales for $11.05 million activity. Shares for $273,868 were sold by Verduin Patricia on Tuesday, August 15. The insider Daniels Jennifer sold 7,375 shares worth $539,694. MOISON FRANCK J sold 35,000 shares worth $2.50 million. HICKEY DENNIS J had sold 73,872 shares worth $5.30 million. On Thursday, August 10 HUSTON JOHN J sold $999,064 worth of Colgate-Palmolive Company (NYSE:CL) or 14,000 shares. 5,057 shares were sold by HANCOCK ELLEN M, worth $363,664 on Tuesday, August 1.

Brown Advisory Inc, which manages about $30.16B US Long portfolio, upped its stake in Proofpoint Inc (NASDAQ:PFPT) by 5,817 shares to 174,412 shares, valued at $15.21 million in 2017Q3, according to the filing. It also increased its holding in Dollar Tree Inc (NASDAQ:DLTR) by 26,127 shares in the quarter, for a total of 37,121 shares, and has risen its stake in Church & Dwight Inc (NYSE:CHD).

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