Bessemer Group Has Trimmed By $1.01 Million Its Black Hills (BKH) Stake, Cohen & Steers Closed-end Opportunity Fund (FOF) Sentiment Is 0.94

June 15, 2017 - By Stephen Andrade

Bessemer Group Inc decreased Black Hills Corp (BKH) stake by 99.12% reported in 2016Q4 SEC filing. Bessemer Group Inc sold 16,821 shares as Black Hills Corp (BKH)’s stock rose 7.97%. The Bessemer Group Inc holds 150 shares with $9,000 value, down from 16,971 last quarter. Black Hills Corp now has $3.84B valuation. The stock rose 0.34% or $0.24 reaching $70.99. About 134,702 shares traded. Black Hills Corp (NYSE:BKH) has risen 15.49% since June 15, 2016 and is uptrending. It has underperformed by 1.21% the S&P500.

Cohen & Steers Closed-End Opportunity Fund, Inc. is a diversified, closed-end management investment company. The company has market cap of $351.53 million. The Fund’s investment objective is to achieve total return consisting of high current income and potential capital appreciation through investments in the common stock of closed-end management investment companies that invest significantly in equity or income-producing securities. It currently has negative earnings. The Fund invests in sectors, including real estate, emerging markets equity, the United States general equity, senior loan, municipal and multi-sector.

Bessemer Group Inc increased United Technologies (NYSE:UTX) stake by 3,758 shares to 53,477 valued at $5.86 million in 2016Q4. It also upped Discover Financial Svcs (NYSE:DFS) stake by 86,095 shares and now owns 3.73M shares. Lg Display Co Ltd Adr (NYSE:LPL) was raised too.

Among 7 analysts covering Black Hills Corp (NYSE:BKH), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Black Hills Corp had 13 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has “Overweight” rating given on Friday, August 5 by JP Morgan. The firm has “Buy” rating by Singular Research given on Wednesday, May 10. BMO Capital Markets upgraded the stock to “Outperform” rating in Monday, January 25 report. The company was maintained on Tuesday, February 16 by Williams Capital Group. The stock of Black Hills Corp (NYSE:BKH) earned “Outperform” rating by RBC Capital Markets on Tuesday, February 16. As per Tuesday, December 8, the company rating was initiated by Bank of America. The rating was initiated by Credit Suisse on Wednesday, January 25 with “Outperform”. RBC Capital Markets upgraded Black Hills Corp (NYSE:BKH) on Monday, January 4 to “Outperform” rating. Williams Capital Group upgraded the shares of BKH in report on Tuesday, January 19 to “Buy” rating. As per Friday, August 7, the company rating was maintained by RBC Capital Markets.

Since February 8, 2017, it had 1 insider buy, and 1 sale for $54,479 activity. The insider Landis Jennifer C bought 1,200 shares worth $73,017. 284 Black Hills Corp (NYSE:BKH) shares with value of $18,538 were sold by ZELLER THOMAS J.

Investors sentiment increased to 1.17 in 2016 Q4. Its up 0.10, from 1.07 in 2016Q3. It improved, as 27 investors sold BKH shares while 66 reduced holdings. 25 funds opened positions while 84 raised stakes. 47.94 million shares or 0.86% more from 47.53 million shares in 2016Q3 were reported. Nationwide Fund Advisors owns 161,117 shares for 0.04% of their portfolio. Hillcrest Asset Lc has 204,726 shares for 2.46% of their portfolio. Markston Int Limited Liability reported 0% of its portfolio in Black Hills Corp (NYSE:BKH). Stifel invested in 12,769 shares. Guardian Tru reported 1,800 shares. Blackrock Inv Limited Liability Company holds 432,793 shares or 0.03% of its portfolio. Murphy Capital Management owns 5,650 shares. Chicago Equity Ptnrs Ltd Liability accumulated 19,410 shares or 0.03% of the stock. State Street reported 0.03% of its portfolio in Black Hills Corp (NYSE:BKH). State Treasurer State Of Michigan stated it has 21,390 shares or 0.01% of all its holdings. Credit Suisse Ag holds 140,299 shares or 0.01% of its portfolio. Kbc Grp Nv stated it has 0.01% of its portfolio in Black Hills Corp (NYSE:BKH). Guggenheim Cap Ltd Company holds 210,737 shares. Moreover, Dimensional Fund Advsrs Limited Partnership has 0.03% invested in Black Hills Corp (NYSE:BKH) for 966,665 shares. Farmers & Merchants Invs Inc has 0.36% invested in Black Hills Corp (NYSE:BKH).