As Magellan Midstream Prtnrs LP (MMP) Market Valuation Declined, Castleark Management Has Trimmed Its Stake by $461,500; Intel (INTC) Holder Hourglass Capital Has Lifted Holding

January 2, 2018 - By Nellie Frank

Hourglass Capital Llc increased its stake in Intel Corp (INTC) by 13.03% based on its latest 2017Q3 regulatory filing with the SEC. Hourglass Capital Llc bought 27,529 shares as the company’s stock declined 2.96% while stock markets rallied. The hedge fund held 238,796 shares of the semiconductors company at the end of 2017Q3, valued at $9.09 million, up from 211,267 at the end of the previous reported quarter. Hourglass Capital Llc who had been investing in Intel Corp for a number of months, seems to be bullish on the $218.81 billion market cap company. The stock increased 1.29% or $0.595 during the last trading session, reaching $46.755. About 5.69M shares traded. Intel Corporation (NASDAQ:INTC) has risen 19.47% since January 2, 2017 and is uptrending. It has outperformed by 2.77% the S&P500.

Castleark Management Llc decreased its stake in Magellan Midstream Prtnrs Lp (MMP) by 5.77% based on its latest 2017Q3 regulatory filing with the SEC. Castleark Management Llc sold 6,500 shares as the company’s stock declined 7.68% while stock markets rallied. The institutional investor held 106,192 shares of the natural gas distribution company at the end of 2017Q3, valued at $7.55 million, down from 112,692 at the end of the previous reported quarter. Castleark Management Llc who had been investing in Magellan Midstream Prtnrs Lp for a number of months, seems to be less bullish one the $16.25B market cap company. The stock increased 0.48% or $0.34 during the last trading session, reaching $71.28. About 270,851 shares traded. Magellan Midstream Partners, L.P. (NYSE:MMP) has risen 3.55% since January 2, 2017 and is uptrending. It has underperformed by 13.15% the S&P500.

Investors sentiment is 1.03 in Q3 2017. Its the same as in 2017Q2. It is without change, as 52 investors sold INTC shares while 663 reduced holdings. only 127 funds opened positions while 608 raised stakes. 3.05 billion shares or 0.19% more from 3.05 billion shares in 2017Q2 were reported. Carlton Hofferkamp & Jenks Wealth Ltd Liability Com has 0.46% invested in Intel Corporation (NASDAQ:INTC). 1,800 are held by Barnett &. Palo holds 0.27% or 13,180 shares in its portfolio. Clear Harbor Asset Mngmt Limited Liability Company holds 0.13% of its portfolio in Intel Corporation (NASDAQ:INTC) for 16,963 shares. Qs Invsts Lc stated it has 0.13% in Intel Corporation (NASDAQ:INTC). Shoker Inv Counsel has invested 0.63% in Intel Corporation (NASDAQ:INTC). Mount Vernon Assocs Md invested 2.94% in Intel Corporation (NASDAQ:INTC). Alphamark Advsrs Ltd Llc owns 2,778 shares. Van Strum And Towne Inc stated it has 14,030 shares. Ledyard Comml Bank accumulated 403,619 shares. Ftb reported 290,164 shares. 34,714 are owned by Macnealy Hoover Inv. Athena Limited Liability Corporation holds 42,749 shares or 0.42% of its portfolio. Seizert Cap Ptnrs Lc accumulated 0.72% or 517,351 shares. Winfield Associate, Ohio-based fund reported 4,656 shares.

Among 54 analysts covering Intel Corporation (NASDAQ:INTC), 33 have Buy rating, 5 Sell and 16 Hold. Therefore 61% are positive. Intel Corporation had 200 analyst reports since August 7, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, October 19 by Canaccord Genuity. Macquarie Research upgraded the stock to “Outperform” rating in Monday, January 25 report. The rating was downgraded by Northland Capital on Wednesday, April 20 to “Market Perform”. Brean Capital maintained Intel Corporation (NASDAQ:INTC) on Wednesday, October 19 with “Buy” rating. Topeka Capital Markets maintained it with “Buy” rating and $36.0 target in Friday, January 15 report. On Thursday, October 22 the stock rating was maintained by RBC Capital Markets with “Outperform”. The firm has “Sector Perform” rating by RBC Capital Markets given on Friday, November 20. On Monday, August 31 the stock rating was maintained by Canaccord Genuity with “Buy”. Canaccord Genuity maintained the shares of INTC in report on Monday, August 24 with “Buy” rating. The stock of Intel Corporation (NASDAQ:INTC) has “Buy” rating given on Sunday, October 8 by Mizuho.

Since July 31, 2017, it had 0 insider purchases, and 10 selling transactions for $31.43 million activity. The insider Bryant Diane M sold 2,119 shares worth $87,011. BRYANT ANDY D sold $3.99M worth of stock or 89,087 shares. 1,424 shares were sold by RENDUCHINTALA VENKATA S M, worth $51,834 on Monday, August 7. Smith Stacy J sold $20.89 million worth of Intel Corporation (NASDAQ:INTC) on Monday, October 30. 30,000 shares valued at $1.35M were sold by YOFFIE DAVID B on Monday, October 30.

Hourglass Capital Llc, which manages about $861.92 million and $420.07M US Long portfolio, decreased its stake in D R Horton Inc (NYSE:DHI) by 36,388 shares to 9,190 shares, valued at $367,000 in 2017Q3, according to the filing.

Since September 14, 2017, it had 0 insider purchases, and 1 insider sale for $353,200 activity.

Among 21 analysts covering Magellan Midstream Partners L.P. (NYSE:MMP), 10 have Buy rating, 2 Sell and 9 Hold. Therefore 48% are positive. Magellan Midstream Partners L.P. had 52 analyst reports since August 7, 2015 according to SRatingsIntel. RBC Capital Markets maintained Magellan Midstream Partners, L.P. (NYSE:MMP) rating on Sunday, August 27. RBC Capital Markets has “Hold” rating and $80.0 target. The firm earned “Buy” rating on Tuesday, June 14 by Seaport Global. The stock has “Underweight” rating by Morgan Stanley on Thursday, August 18. The firm earned “Strong Buy” rating on Monday, January 4 by Raymond James. The firm earned “Hold” rating on Sunday, November 5 by RBC Capital Markets. Mizuho initiated Magellan Midstream Partners, L.P. (NYSE:MMP) on Friday, September 30 with “Neutral” rating. The firm earned “Outperform” rating on Thursday, January 12 by Raymond James. The firm earned “Outperform” rating on Wednesday, November 4 by RBC Capital Markets. RBC Capital Markets maintained Magellan Midstream Partners, L.P. (NYSE:MMP) rating on Sunday, October 1. RBC Capital Markets has “Hold” rating and $80.0 target. The firm has “Buy” rating by Raymond James given on Saturday, August 8.

Investors sentiment is 0.9 in 2017 Q3. Its the same as in 2017Q2. It is the same, as 42 investors sold MMP shares while 161 reduced holdings. only 40 funds opened positions while 142 raised stakes. 134.51 million shares or 2.12% more from 131.72 million shares in 2017Q2 were reported. Clifford Swan Investment Counsel Ltd has invested 0.15% in Magellan Midstream Partners, L.P. (NYSE:MMP). Boys Arnold Co holds 0.19% or 17,110 shares. Argent Trust accumulated 10,262 shares or 0.29% of the stock. Notis invested in 5,975 shares or 0.27% of the stock. Sheets Smith Wealth Management reported 41,975 shares. Natixis Asset Management owns 0.02% invested in Magellan Midstream Partners, L.P. (NYSE:MMP) for 2,588 shares. Ballentine Partners has invested 0.12% in Magellan Midstream Partners, L.P. (NYSE:MMP). Whitnell And Commerce holds 15,900 shares or 0.49% of its portfolio. Northwestern Mutual Wealth Mngmt has 22,906 shares for 0.01% of their portfolio. 11,909 are held by Capital Advisors Inc Ok. Denver Investment Advisors Ltd Co reported 7,557 shares. Noesis Capital Mangement Corporation holds 15,460 shares or 0.41% of its portfolio. 5,825 are owned by Arcadia Inv Management Corporation Mi. Savings Bank Of Montreal Can reported 2.15M shares. Mckinley Capital Mngmt Ltd Company Delaware holds 0.06% or 18,953 shares in its portfolio.