Investec Asset Management LTD Has Raised By $2.08 Million Its Cimarex Energy Co (XEC) Stake; Gramercy Property Trust New (GPT) Shorts Lowered By 48.95%

December 8, 2017 - By Adrian Mccoy

Investec Asset Management Ltd increased Cimarex Energy Co (XEC) stake by 8.06% reported in 2017Q2 SEC filing. Investec Asset Management Ltd acquired 22,089 shares as Cimarex Energy Co (XEC)’s stock declined 10.93%. The Investec Asset Management Ltd holds 296,060 shares with $27.83M value, up from 273,971 last quarter. Cimarex Energy Co now has $10.65B valuation. The stock increased 0.78% or $0.87 during the last trading session, reaching $111.75. About 351,019 shares traded. Cimarex Energy Co. (NYSE:XEC) has risen 1.88% since December 8, 2016 and is uptrending. It has underperformed by 14.82% the S&P500.

Gramercy Property Trust New (NYSE:GPT) had a decrease of 48.95% in short interest. GPT’s SI was 2.48M shares in December as released by FINRA. Its down 48.95% from 4.86 million shares previously. With 815,900 avg volume, 3 days are for Gramercy Property Trust New (NYSE:GPT)’s short sellers to cover GPT’s short positions. The SI to Gramercy Property Trust New’s float is 1.76%. The stock increased 0.09% or $0.025 during the last trading session, reaching $27.885. About 137,055 shares traded. Gramercy Property Trust (NYSE:GPT) has risen 9.31% since December 8, 2016 and is uptrending. It has underperformed by 7.39% the S&P500.

Among 10 analysts covering Gramercy Property Trust (NYSE:GPT), 6 have Buy rating, 1 Sell and 3 Hold. Therefore 60% are positive. Gramercy Property Trust had 16 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Buy” rating by Ladenburg on Thursday, November 9. The company was downgraded on Wednesday, August 16 by Bank of America. The firm has “Buy” rating by Compass Point given on Friday, December 18. The stock has “Buy” rating by Ladenburg on Wednesday, November 1. DA Davidson initiated it with “Buy” rating and $8.75 target in Friday, December 18 report. Bank of America downgraded the stock to “Neutral” rating in Monday, December 5 report. MUFG Securities Americas Inc maintained Gramercy Property Trust (NYSE:GPT) on Thursday, September 28 with “Buy” rating. The stock of Gramercy Property Trust (NYSE:GPT) has “Mkt Perform” rating given on Monday, January 9 by JMP Securities. The rating was maintained by Stifel Nicolaus on Friday, May 13 with “Buy”. The company was initiated on Tuesday, June 28 by Mitsubishi UFJ.

Gramercy Property Trust, Inc. is an equity real estate investment trust. The company has market cap of $4.55 billion. The firm invests in the real estate markets of the United States. It has a 60.88 P/E ratio. It makes investments in industrial and office properties to create its portfolio.

Among 33 analysts covering Cimarex Energy (NYSE:XEC), 20 have Buy rating, 1 Sell and 12 Hold. Therefore 61% are positive. Cimarex Energy had 103 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was downgraded by Seaport Global on Friday, March 31 to “Neutral”. CapitalOne initiated the stock with “Overweight” rating in Tuesday, December 22 report. The stock has “Accumulate” rating by KLR Group on Monday, November 7. The rating was upgraded by Credit Agricole to “Outperform” on Monday, August 10. Barclays Capital maintained the stock with “Overweight” rating in Wednesday, October 11 report. The rating was upgraded by CLSA to “Underperform” on Wednesday, August 12. The stock of Cimarex Energy Co. (NYSE:XEC) earned “Buy” rating by Citigroup on Friday, October 13. The stock of Cimarex Energy Co. (NYSE:XEC) earned “Neutral” rating by Susquehanna on Friday, October 30. As per Wednesday, October 18, the company rating was maintained by Morgan Stanley. BMO Capital Markets maintained it with “Buy” rating and $15000 target in Wednesday, June 21 report.

Investec Asset Management Ltd decreased Halliburton Co (NYSE:HAL) stake by 63,393 shares to 910,183 valued at $38.87M in 2017Q2. It also reduced Gold Fields (NYSE:GFI) stake by 1.06 million shares and now owns 1.51 million shares. Keycorp (NYSE:KEY) was reduced too.

Investors sentiment decreased to 1.05 in Q2 2017. Its down 0.07, from 1.12 in 2017Q1. It fall, as 40 investors sold XEC shares while 146 reduced holdings. 44 funds opened positions while 151 raised stakes. 83.28 million shares or 2.10% less from 85.07 million shares in 2017Q1 were reported. 43,152 are owned by Cibc Asset. Federated Invsts Inc Pa holds 0.02% in Cimarex Energy Co. (NYSE:XEC) or 78,249 shares. Oppenheimer Asset Mngmt owns 33 shares. Tricadia Cap Ltd Liability Company reported 7,320 shares. 12,100 are held by Pcj Invest Counsel Ltd. Lazard Asset Mgmt Limited Com reported 889,609 shares. State Of New Jersey Common Pension Fund D invested 0.01% in Cimarex Energy Co. (NYSE:XEC). Rafferty Asset Mgmt Limited Liability Co holds 0.03% or 10,512 shares in its portfolio. 4,878 were accumulated by Ing Groep Nv. State Of Alaska Department Of Revenue reported 0.01% in Cimarex Energy Co. (NYSE:XEC). D E Shaw reported 926,132 shares stake. Macquarie Grp Limited, Australia-based fund reported 2,200 shares. Aperio Ltd Limited Liability Company holds 0.02% in Cimarex Energy Co. (NYSE:XEC) or 28,071 shares. Honeywell Inc stated it has 179,400 shares or 0.64% of all its holdings. Luminus Management has 0.44% invested in Cimarex Energy Co. (NYSE:XEC).

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