Cincinnati Insurance Company Has Increased Its Plains All Amer Pipeline LP (PAA) Stake; Morgan Stanley Has 1.1 Sentiment

March 14, 2018 - By wolcottdaily

Morgan Stanley, a financial holding company, provides various financial services and products to firms, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company has market cap of $103.50 billion. The companyÂ’s Institutional Securities segment offers capital raising and financial advisory services, including services related to the underwriting of debt, equity, and other securities, as well as advice on mergers and acquisitions, restructurings, real estate, and project finance. It has a 18.81 P/E ratio. This segment also provides sales and trading services, such as sales, financing, and market-making services in equity securities and fixed income products, including foreign exchange and commodities, as well as prime brokerage services; corporate loans, commercial and residential mortgage lending, and asset-backed lending; financing for equities and commodities customers; loans to municipalities; and investments and research services.

Cincinnati Insurance Company increased Plains All Amer Pipeline Lp (PAA) stake by 92.05% reported in 2017Q3 SEC filing. Cincinnati Insurance Company acquired 114,043 shares as Plains All Amer Pipeline Lp (PAA)’s stock declined 10.37%. The Cincinnati Insurance Company holds 237,941 shares with $5.04M value, up from 123,898 last quarter. Plains All Amer Pipeline Lp now has $16.56 billion valuation. The stock decreased 1.60% or $0.371 during the last trading session, reaching $22.839. About 345,049 shares traded. Plains All American Pipeline, L.P. (NYSE:PAA) has risen 11.50% since March 14, 2017 and is uptrending. It has underperformed by 5.20% the S&P500.

Ratings analysis reveals 50% of Morgan Stanley’s analysts are positive. Out of 4 Wall Street analysts rating Morgan Stanley, 2 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. MS was included in 4 notes of analysts from October 6, 2016. The company was upgraded on Thursday, October 20 by Guggenheim. The firm earned “Buy” rating on Wednesday, January 11 by Societe Generale. The rating was maintained by Barclays Capital on Thursday, October 20 with “Equal Weight”. Sandler O’Neill downgraded the shares of MS in report on Thursday, October 6 to “Hold” rating.

The stock decreased 0.47% or $0.27 during the last trading session, reaching $57.76. About 1.62M shares traded. Morgan Stanley (MS) has risen 57.08% since March 14, 2017 and is uptrending. It has outperformed by 40.38% the S&P500.

Mitsubishi Ufj Financial Group Inc holds 100% of its portfolio in Morgan Stanley for 432.02 million shares. Valueact Holdings L.P. owns 17.88 million shares or 8.63% of their US portfolio. Moreover, Wellcome Trust Ltd (The) As Trustee Of The Wellcome Trust has 6.5% invested in the company for 8.45 million shares. The Oklahoma-based Gibraltar Capital Management Inc. has invested 6.47% in the stock. Kiltearn Partners Llp, a United Kingdom-based fund reported 4.34 million shares.

Analysts await Morgan Stanley (NYSE:MS) to report earnings on April, 18. They expect $1.28 EPS, up 28.00% or $0.28 from last year’s $1 per share. MS’s profit will be $2.29 billion for 11.28 P/E if the $1.28 EPS becomes a reality. After $0.84 actual EPS reported by Morgan Stanley for the previous quarter, Wall Street now forecasts 52.38% EPS growth.

Among 30 analysts covering Plains All American Pipeline LP (NYSE:PAA), 14 have Buy rating, 1 Sell and 15 Hold. Therefore 47% are positive. Plains All American Pipeline LP had 109 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Piper Jaffray given on Friday, April 1. Raymond James maintained it with “Outperform” rating and $24 target in Wednesday, August 9 report. The stock has “Buy” rating by Jefferies on Monday, October 16. On Thursday, November 5 the stock rating was downgraded by Stifel Nicolaus to “Hold”. On Monday, December 14 the stock rating was maintained by Wunderlich with “Hold”. The stock of Plains All American Pipeline, L.P. (NYSE:PAA) earned “Buy” rating by Scotia Capital on Friday, April 28. Suntrust Robinson initiated Plains All American Pipeline, L.P. (NYSE:PAA) on Wednesday, June 15 with “Neutral” rating. The firm has “Neutral” rating given on Thursday, August 6 by Robert W. Baird. Mizuho initiated Plains All American Pipeline, L.P. (NYSE:PAA) on Monday, January 30 with “Neutral” rating. FBR Capital initiated it with “Mkt Perform” rating and $30 target in Friday, September 9 report.

Investors sentiment increased to 0.72 in Q3 2017. Its up 0.09, from 0.63 in 2017Q2. It increased, 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. Endurance Wealth Mngmt, a Rhode Island-based fund reported 66,820 shares. Sei Invests invested 0% in Plains All American Pipeline, L.P. (NYSE:PAA). Duncker Streett has 0.04% invested in Plains All American Pipeline, L.P. (NYSE:PAA) for 6,256 shares. Clinton Group invested in 0.11% or 46,422 shares. Next Grp Inc Inc invested in 0.01% or 1,359 shares. Stifel Fincl Corp has 648,615 shares. Salient Lta accumulated 24,499 shares. Freestone Capital Hldgs holds 0.36% or 237,763 shares in its portfolio. Lpl Fincl Limited Company, a California-based fund reported 66,513 shares. Washington-based Huntington Steele Limited Liability Corp has invested 0.51% in Plains All American Pipeline, L.P. (NYSE:PAA). Smithfield Tru reported 1,420 shares or 0% of all its holdings. Cohen And Steers stated it has 0.05% of its portfolio in Plains All American Pipeline, L.P. (NYSE:PAA). The California-based Whittier Trust Co has invested 0.01% in Plains All American Pipeline, L.P. (NYSE:PAA). Jane Street Gru Limited Liability Com has 0% invested in Plains All American Pipeline, L.P. (NYSE:PAA) for 32,126 shares. Putnam Invs Limited Liability Com reported 503,482 shares.

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