As Plains All Amern Pipeline L (PAA) Share Value Declined, Shareholder Goodwin Daniel L Has Decreased by $844,200 Its Holding; Fosun International LTD Has Lowered Its Sina (SINA) Holding by $32.28 Million

January 19, 2018 - By Adrian Mccoy

Goodwin Daniel L decreased its stake in Plains All Amern Pipeline L (PAA) by 75.56% based on its latest 2017Q3 regulatory filing with the SEC. Goodwin Daniel L sold 40,200 shares as the company’s stock declined 10.37% while stock markets rallied. The institutional investor held 13,000 shares of the energy company at the end of 2017Q3, valued at $275,000, down from 53,200 at the end of the previous reported quarter. Goodwin Daniel L who had been investing in Plains All Amern Pipeline L for a number of months, seems to be less bullish one the $16.38 billion market cap company. The stock decreased 1.44% or $0.33 during the last trading session, reaching $22.58. About 2.67 million shares traded. Plains All American Pipeline, L.P. (NYSE:PAA) has risen 11.50% since January 19, 2017 and is uptrending. It has underperformed by 5.20% the S&P500.

Fosun International Ltd decreased its stake in Sina Corp (SINA) by 22.22% based on its latest 2017Q3 regulatory filing with the SEC. Fosun International Ltd sold 283,116 shares as the company’s stock rose 35.03% with the market. The institutional investor held 990,802 shares of the prepackaged software company at the end of 2017Q3, valued at $113.60 million, down from 1.27M at the end of the previous reported quarter. Fosun International Ltd who had been investing in Sina Corp for a number of months, seems to be less bullish one the $8.56 billion market cap company. The stock increased 0.56% or $0.67 during the last trading session, reaching $119.63. About 968,372 shares traded. SINA Corporation (NASDAQ:SINA) has risen 139.34% since January 19, 2017 and is uptrending. It has outperformed by 122.64% the S&P500.

Among 9 analysts covering Sina Corporation (NASDAQ:SINA), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Sina Corporation had 15 analyst reports since August 19, 2015 according to SRatingsIntel. The stock of SINA Corporation (NASDAQ:SINA) has “Buy” rating given on Wednesday, September 14 by Brean Capital. Jefferies maintained the stock with “Buy” rating in Tuesday, October 17 report. Goldman Sachs downgraded SINA Corporation (NASDAQ:SINA) on Monday, November 30 to “Neutral” rating. The firm has “Buy” rating by Jefferies given on Thursday, July 13. The firm earned “Buy” rating on Thursday, November 19 by Brean Capital. The rating was reinitiated by JP Morgan with “Overweight” on Wednesday, August 31. As per Monday, August 17, the company rating was upgraded by TH Capital. The stock of SINA Corporation (NASDAQ:SINA) has “Outperform” rating given on Monday, December 12 by CLSA. The stock of SINA Corporation (NASDAQ:SINA) has “Neutral” rating given on Thursday, October 29 by Citigroup. Jefferies upgraded SINA Corporation (NASDAQ:SINA) on Friday, July 22 to “Buy” rating.

Investors sentiment decreased to 1.24 in 2017 Q3. Its down 0.41, from 1.65 in 2017Q2. It worsened, as 21 investors sold SINA shares while 68 reduced holdings. 46 funds opened positions while 64 raised stakes. 45.93 million shares or 0.75% more from 45.59 million shares in 2017Q2 were reported. Wells Fargo And Company Mn reported 2.33M shares stake. First Manhattan Com owns 0.05% invested in SINA Corporation (NASDAQ:SINA) for 77,496 shares. 4,172 were accumulated by Asset. The Germany-based Deutsche Fincl Bank Ag has invested 0.08% in SINA Corporation (NASDAQ:SINA). Barclays Pcl, a United Kingdom-based fund reported 26,495 shares. Apg Asset Management Nv reported 22,000 shares. Northwestern Mutual Wealth Company has invested 0% in SINA Corporation (NASDAQ:SINA). Ameriprise Fincl Incorporated invested in 0.01% or 164,634 shares. Principal Gp accumulated 182,519 shares. Dekabank Deutsche Girozentrale reported 3,160 shares. Swiss Financial Bank holds 0.02% of its portfolio in SINA Corporation (NASDAQ:SINA) for 115,644 shares. Pillar Pacific Limited Liability Corp reported 0.07% in SINA Corporation (NASDAQ:SINA). Public Sector Pension Board reported 67,200 shares. Bnp Paribas Arbitrage reported 266,589 shares. Marshall Wace Llp stated it has 0.19% of its portfolio in SINA Corporation (NASDAQ:SINA).

Analysts await SINA Corporation (NASDAQ:SINA) to report earnings on February, 28. They expect $0.38 EPS, up 40.74% or $0.11 from last year’s $0.27 per share. SINA’s profit will be $27.17M for 78.70 P/E if the $0.38 EPS becomes a reality. After $0.66 actual EPS reported by SINA Corporation for the previous quarter, Wall Street now forecasts -42.42% negative EPS growth.

Fosun International Ltd, which manages about $1.01B US Long portfolio, upped its stake in Ikang Healthcare Group Inc (NASDAQ:KANG) by 1.02 million shares to 3.57M shares, valued at $48.14 million in 2017Q3, according to the filing. It also increased its holding in Impax Laboratories Inc (NASDAQ:IPXL) by 3.55M shares in the quarter, for a total of 3.85M shares, and has risen its stake in Spirit Rlty Cap Inc New.

Among 30 analysts covering Plains All American Pipeline LP (NYSE:PAA), 10 have Buy rating, 1 Sell and 19 Hold. Therefore 33% are positive. Plains All American Pipeline LP had 100 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Plains All American Pipeline, L.P. (NYSE:PAA) has “Hold” rating given on Monday, August 28 by Stifel Nicolaus. The firm has “Outperform” rating given on Monday, August 28 by BMO Capital Markets. RBC Capital Markets maintained Plains All American Pipeline, L.P. (NYSE:PAA) rating on Sunday, October 1. RBC Capital Markets has “Hold” rating and $19.0 target. Jefferies maintained Plains All American Pipeline, L.P. (NYSE:PAA) rating on Tuesday, July 18. Jefferies has “Hold” rating and $2800 target. The firm has “Hold” rating given on Wednesday, August 30 by Robert W. Baird. The rating was maintained by RBC Capital Markets with “Hold” on Tuesday, January 16. Robert W. Baird upgraded it to “Outperform” rating and $37 target in Tuesday, January 31 report. Jefferies downgraded the stock to “Hold” rating in Monday, April 24 report. On Monday, January 30 the stock rating was initiated by Mizuho with “Neutral”. Oppenheimer maintained it with “Outperform” rating and $35 target in Thursday, November 5 report.

Analysts await Plains All American Pipeline, L.P. (NYSE:PAA) to report earnings on February, 6. They expect $0.43 EPS, up 207.14% or $0.29 from last year’s $0.14 per share. PAA’s profit will be $311.84M for 13.13 P/E if the $0.43 EPS becomes a reality. After $0.21 actual EPS reported by Plains All American Pipeline, L.P. for the previous quarter, Wall Street now forecasts 104.76% EPS growth.

Investors sentiment decreased to 0.63 in 2017 Q3. Its down 0.42, from 1.05 in 2017Q2. It is negative, as 62 investors sold PAA shares while 124 reduced holdings. 35 funds opened positions while 82 raised stakes. 303.49 million shares or 3.28% more from 293.86 million shares in 2017Q2 were reported. Raymond James And accumulated 335,511 shares. Moreover, Cetera Ltd Liability has 0.03% invested in Plains All American Pipeline, L.P. (NYSE:PAA). Gsa Capital Prtn Ltd Liability Partnership reported 16,141 shares. Comerica Bancorp owns 10,411 shares or 0% of their US portfolio. New York-based Qci Asset Ny has invested 0% in Plains All American Pipeline, L.P. (NYSE:PAA). Albert D Mason holds 32,782 shares or 0.56% of its portfolio. Community Financial Bank Na holds 0% of its portfolio in Plains All American Pipeline, L.P. (NYSE:PAA) for 600 shares. Moreover, Exane Derivatives has 0% invested in Plains All American Pipeline, L.P. (NYSE:PAA) for 43 shares. Sun Life Financial reported 3,200 shares. One Natl Association reported 0.02% of its portfolio in Plains All American Pipeline, L.P. (NYSE:PAA). Silvercrest Asset Mngmt Gru Ltd, a New York-based fund reported 9,650 shares. Verition Fund Mgmt Limited Liability Co accumulated 0.32% or 185,000 shares. 38,883 were reported by Umb Natl Bank N A Mo. E&G Ltd Partnership has 23,200 shares for 0.22% of their portfolio. Tru Asset Ltd Liability Co invested 4.41% in Plains All American Pipeline, L.P. (NYSE:PAA).