Appleton Partners Lowered Vodafone Group Plc New Sponsor (VOD) Holding By $568,056; Kayne Anderson MLP Investment Co (KYN)’s Sentiment Is 1.02

July 28, 2017 - By Richard Conner

Kayne Anderson MLP Investment Company is a non-diversified, closed-end management investment company. The company has market cap of $2.14 billion. The Company’s investment objective is to obtain a high after-tax total return by investing at least 85% of its total assets in energy-related master limited partnerships and their affiliates and in other companies that operate assets used in the gathering, transporting, processing, storing, refining, distributing, mining or marketing of natural gas, natural gas liquids, crude oil, refined petroleum products or coal. It has a 2.19 P/E ratio. The Company’s investments are principally in equity securities issued by MLPs, but it also may invest in debt securities of MLPs and equity/debt securities of other midstream energy companies.

Appleton Partners Inc decreased Vodafone Group Plc New Sponsor (VOD) stake by 34.31% reported in 2016Q4 SEC filing. Appleton Partners Inc sold 23,669 shares as Vodafone Group Plc New Sponsor (VOD)’s stock rose 16.21%. The Appleton Partners Inc holds 45,310 shares with $1.11M value, down from 68,979 last quarter. Vodafone Group Plc New Sponsor now has $77.67 billion valuation. The stock declined 0.34% or $0.1 reaching $29.42 per share. About 1.84 million shares traded. Vodafone Group Plc (ADR) (NASDAQ:VOD) has declined 13.23% since July 28, 2016 and is downtrending. It has underperformed by 29.93% the S&P500.

Among 7 analysts covering Vodafone Group PLC (ADR) (NASDAQ:VOD), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. Vodafone Group PLC (ADR) had 11 analyst reports since October 19, 2015 according to SRatingsIntel. Standpoint Research initiated it with “Accumulate” rating and $30 target in Tuesday, January 3 report. BNP Paribas downgraded the shares of VOD in report on Monday, November 21 to “Neutral” rating. The stock of Vodafone Group Plc (ADR) (NASDAQ:VOD) has “Neutral” rating given on Wednesday, January 25 by Bank of America. Argus Research initiated the stock with “Hold” rating in Tuesday, September 20 report. On Wednesday, April 20 the stock rating was upgraded by Bank of America to “Buy”. The firm has “Buy” rating given on Monday, June 12 by Argus Research. The stock of Vodafone Group Plc (ADR) (NASDAQ:VOD) earned “Outperform” rating by Macquarie Research on Monday, October 19. As per Thursday, June 1, the company rating was downgraded by Standpoint Research. The rating was downgraded by HSBC to “Hold” on Tuesday, January 17. The company was downgraded on Monday, June 13 by Macquarie Research.

Sfe Investment Counsel holds 3.28% of its portfolio in Kayne Anderson MLP Investment Co. for 420,780 shares. Signature Financial Management Inc. owns 442,140 shares or 3.26% of their US portfolio. Moreover, Cedar Hill Associates Llc has 2.61% invested in the company for 793,765 shares. The Ohio-based Shoker Investment Counsel Inc. has invested 2.27% in the stock. Signature Estate & Investment Advisors Llc, a California-based fund reported 819,604 shares.

About 82,144 shares traded. Kayne Anderson MLP Investment Co. (KYN) has risen 3.10% since July 28, 2016 and is uptrending. It has underperformed by 13.60% the S&P500.