Holder Sumitomo Mitsui Asset Management Company LTD Has Increased Costar Group (CSGP) Holding; Kayne Anderson Capital Advisors LP Boosted Its Holding in Summit Midstream Partners LP (SMLP) by $371,830 as Market Valuation Rose

February 15, 2018 - By Vivian Park

Kayne Anderson Capital Advisors Lp increased its stake in Summit Midstream Partners Lp (SMLP) by 0.62% based on its latest 2017Q3 regulatory filing with the SEC. Kayne Anderson Capital Advisors Lp bought 19,570 shares as the company’s stock rose 3.02% with the market. The hedge fund held 3.16M shares of the public utilities company at the end of 2017Q3, valued at $63.15 million, up from 3.14 million at the end of the previous reported quarter. Kayne Anderson Capital Advisors Lp who had been investing in Summit Midstream Partners Lp for a number of months, seems to be bullish on the $1.52B market cap company. The stock increased 0.06% or $0.0114 during the last trading session, reaching $20.4114. About 12,557 shares traded. Summit Midstream Partners, LP (NYSE:SMLP) has risen 6.71% since February 15, 2017 and is uptrending. It has underperformed by 9.99% the S&P500.

Sumitomo Mitsui Asset Management Company Ltd increased its stake in Costar Group Inc (CSGP) by 141.36% based on its latest 2017Q3 regulatory filing with the SEC. Sumitomo Mitsui Asset Management Company Ltd bought 16,133 shares as the company’s stock rose 21.01% with the market. The institutional investor held 27,546 shares of the miscellaneous company at the end of 2017Q3, valued at $7.39M, up from 11,413 at the end of the previous reported quarter. Sumitomo Mitsui Asset Management Company Ltd who had been investing in Costar Group Inc for a number of months, seems to be bullish on the $12.50 billion market cap company. The stock increased 0.04% or $0.145 during the last trading session, reaching $345.775. About 19,061 shares traded. CoStar Group, Inc. (NASDAQ:CSGP) has risen 29.48% since February 15, 2017 and is uptrending. It has outperformed by 12.78% the S&P500.

Sumitomo Mitsui Asset Management Company Ltd, which manages about $6.41 billion US Long portfolio, decreased its stake in Guidewire Software Inc (NYSE:GWRE) by 129,380 shares to 172,055 shares, valued at $13.40 million in 2017Q3, according to the filing. It also reduced its holding in Microsemi Corp (NASDAQ:MSCC) by 169,600 shares in the quarter, leaving it with 729,755 shares, and cut its stake in Brandywine Rlty Tr (NYSE:BDN).

Among 11 analysts covering CoStar Group (NASDAQ:CSGP), 10 have Buy rating, 1 Sell and 0 Hold. Therefore 91% are positive. CoStar Group had 19 analyst reports since August 12, 2015 according to SRatingsIntel. Citigroup initiated the shares of CSGP in report on Tuesday, December 20 with “Buy” rating. On Thursday, October 26 the stock rating was maintained by Needham with “Buy”. The firm has “Hold” rating given on Wednesday, August 12 by Zacks. As per Thursday, October 26, the company rating was maintained by SunTrust. J.P. Morgan downgraded the stock to “Sell” rating in Tuesday, December 12 report. The rating was maintained by Stephens with “Buy” on Wednesday, January 24. Bank of America maintained it with “Buy” rating and $306 target in Thursday, October 5 report. The stock of CoStar Group, Inc. (NASDAQ:CSGP) earned “Buy” rating by Wells Fargo on Thursday, January 18. Needham initiated CoStar Group, Inc. (NASDAQ:CSGP) on Monday, August 22 with “Buy” rating. SunTrust maintained the stock with “Buy” rating in Friday, October 20 report.

Investors sentiment increased to 1.42 in Q3 2017. Its up 0.32, from 1.1 in 2017Q2. It is positive, as 19 investors sold CSGP shares while 88 reduced holdings. 57 funds opened positions while 95 raised stakes. 33.56 million shares or 9.65% more from 30.60 million shares in 2017Q2 were reported. Georgia-based Advisory Svcs Networks Ltd has invested 0% in CoStar Group, Inc. (NASDAQ:CSGP). Vantage Investment Lc reported 200 shares stake. Shine Advisory Service has invested 0.02% in CoStar Group, Inc. (NASDAQ:CSGP). Ranger Limited Partnership reported 0.01% of its portfolio in CoStar Group, Inc. (NASDAQ:CSGP). Commonwealth State Bank Of invested in 0% or 100 shares. Eagleclaw Cap Managment Ltd Liability Corporation, Massachusetts-based fund reported 1,825 shares. Fifth Third Fincl Bank reported 0% stake. Asset Mngmt owns 2,387 shares. Arrowmark Colorado Ltd holds 0.33% in CoStar Group, Inc. (NASDAQ:CSGP) or 107,764 shares. Kayne Anderson Rudnick Mngmt Limited Company has invested 0.16% in CoStar Group, Inc. (NASDAQ:CSGP). Bank Of Montreal Can, Ontario – Canada-based fund reported 1,509 shares. Efg Asset Management (Americas) Corp owns 1,697 shares. Price T Rowe Associates Inc Md, Maryland-based fund reported 3.25M shares. Citigroup has invested 0% in CoStar Group, Inc. (NASDAQ:CSGP). Caisse De Depot Et Placement Du Quebec holds 0% of its portfolio in CoStar Group, Inc. (NASDAQ:CSGP) for 1,440 shares.

Investors sentiment decreased to 0.83 in 2017 Q3. Its down 0.50, from 1.33 in 2017Q2. It worsened, as 14 investors sold SMLP shares while 16 reduced holdings. 4 funds opened positions while 21 raised stakes. 35.75 million shares or 0.01% more from 35.74 million shares in 2017Q2 were reported. State Of New Jersey Common Pension Fund D has invested 0.01% in Summit Midstream Partners, LP (NYSE:SMLP). Morgan Stanley stated it has 0.01% in Summit Midstream Partners, LP (NYSE:SMLP). Tph Asset Limited Liability Company invested in 1.33% or 595,461 shares. 886,879 are owned by Goldman Sachs Incorporated. 676,736 are held by Jpmorgan Chase Com. Green Square Cap Limited reported 16,274 shares. Rafferty Asset Management Limited Com accumulated 124,958 shares or 0.06% of the stock. Wells Fargo Co Mn invested in 50,651 shares. Atlantic Tru Ltd Liability Co owns 1.06M shares for 0.09% of their portfolio. Harvest Fund Advsrs Ltd Liability holds 3.37M shares or 0.7% of its portfolio. Salient Capital Advisors Ltd reported 149,159 shares stake. Evergreen Capital Management Ltd Com holds 0.85% or 361,700 shares in its portfolio. 105,399 are held by Neuberger Berman Gp Ltd Liability. Credit Suisse Ag has invested 0% in Summit Midstream Partners, LP (NYSE:SMLP). Commonwealth Of Pennsylvania Public School Empls Retrmt System invested in 637,106 shares.

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