Zimmer Partners LP Has Boosted Holding in Boardwalk Pipeline Partners (BWP) by $677,642; Capital Research Global Investors Maintains Position in Charles Schwab (SCHW)

January 14, 2018 - By Winifred Garcia

Stuart J. Zimmer increased its stake in Boardwalk Pipeline Partners (BWP) by 8.5% based on its latest 2017Q3 regulatory filing with the SEC. Zimmer Partners Lp bought 48,403 shares as the company’s stock rose 2.14% with the market. The hedge fund run by Stuart J. Zimmer held 617,587 shares of the natural gas distribution company at the end of 2017Q3, valued at $9.08M, up from 569,184 at the end of the previous reported quarter. Zimmer Partners Lp who had been investing in Boardwalk Pipeline Partners for a number of months, seems to be bullish on the $3.43 billion market cap company. The stock increased 0.44% or $0.06 during the last trading session, reaching $13.72. About 2.10M shares traded or 43.99% up from the average. Boardwalk Pipeline Partners, LP (NYSE:BWP) has risen 11.68% since January 14, 2017 and is uptrending. It has underperformed by 5.02% the S&P500.

Capital Research Global Investors increased its stake in Charles Schwab Corp (SCHW) by 76.77% based on its latest 2017Q3 regulatory filing with the SEC. Capital Research Global Investors bought 18.61M shares as the company’s stock declined 7.92% while stock markets rallied. The institutional investor held 42.84M shares of the investment bankers and brokers and service company at the end of 2017Q3, valued at $1.87B, up from 24.24M at the end of the previous reported quarter. Capital Research Global Investors who had been investing in Charles Schwab Corp for a number of months, seems to be bullish on the $74.26B market cap company. The stock increased 2.25% or $1.22 during the last trading session, reaching $55.39. About 7.52M shares traded or 25.25% up from the average. The Charles Schwab Corporation (NYSE:SCHW) has risen 32.11% since January 14, 2017 and is uptrending. It has outperformed by 15.41% the S&P500.

Zimmer Partners Lp, which manages about $1.50 billion and $4.50B US Long portfolio, decreased its stake in Nrg Energy Inc (Call) (NYSE:NRG) by 250,000 shares to 250,000 shares, valued at $6.40 million in 2017Q3, according to the filing. It also reduced its holding in Targa Res Corp (NYSE:TRGP) by 2.01 million shares in the quarter, leaving it with 5.93 million shares, and cut its stake in Charter Communications Inc N.

Among 9 analysts covering Boardwalk Pipeline Partners (NYSE:BWP), 3 have Buy rating, 2 Sell and 4 Hold. Therefore 33% are positive. Boardwalk Pipeline Partners had 17 analyst reports since August 13, 2015 according to SRatingsIntel. Credit Suisse maintained the stock with “Outperform” rating in Tuesday, February 9 report. JP Morgan maintained Boardwalk Pipeline Partners, LP (NYSE:BWP) on Friday, May 27 with “Overweight” rating. The rating was maintained by Bank of America with “Buy” on Tuesday, September 1. The rating was downgraded by RBC Capital Markets on Tuesday, August 1 to “Sector Perform”. RBC Capital Markets maintained the stock with “Outperform” rating in Tuesday, February 7 report. The stock has “Underweight” rating by Barclays Capital on Tuesday, August 2. The stock of Boardwalk Pipeline Partners, LP (NYSE:BWP) has “Sell” rating given on Friday, November 17 by Goldman Sachs. RBC Capital Markets maintained Boardwalk Pipeline Partners, LP (NYSE:BWP) on Monday, June 5 with “Buy” rating. The rating was maintained by RBC Capital Markets on Monday, October 9 with “Hold”. The stock has “Buy” rating by Citigroup on Thursday, November 2.

Investors sentiment decreased to 0.94 in Q3 2017. Its down 0.05, from 0.99 in 2017Q2. It is negative, as 20 investors sold BWP shares while 48 reduced holdings. 21 funds opened positions while 43 raised stakes. 231.22 million shares or 2.65% more from 225.25 million shares in 2017Q2 were reported. Nuveen Asset Mgmt Ltd Limited Liability Company invested in 0.01% or 97,423 shares. Deutsche State Bank Ag holds 1.29M shares or 0.01% of its portfolio. Tph Asset Ltd Liability Company reported 1.70M shares. Moreover, Clinton Group Inc has 0.13% invested in Boardwalk Pipeline Partners, LP (NYSE:BWP) for 80,737 shares. New York-based Spirit Of America Management Corp New York has invested 1.21% in Boardwalk Pipeline Partners, LP (NYSE:BWP). Commonwealth Of Pennsylvania School Empls Retrmt reported 0.4% stake. First Manhattan accumulated 20,850 shares. 12,172 are held by Creative Planning. Sg Americas Securities Ltd Com has 155,345 shares. Swift Run Cap Mgmt Limited Company has invested 0.36% of its portfolio in Boardwalk Pipeline Partners, LP (NYSE:BWP). Alps Advisors accumulated 1.05% or 10.10 million shares. Northwestern Mutual Wealth Mgmt holds 80 shares or 0% of its portfolio. Muhlenkamp & reported 54,200 shares or 0.25% of all its holdings. 60,728 were reported by Glob X Limited Company. Balyasny Asset Mngmt Ltd accumulated 440,000 shares.

Since August 2, 2017, it had 0 buys, and 18 selling transactions for $48.08 million activity. $998,528 worth of The Charles Schwab Corporation (NYSE:SCHW) was sold by BECHTLE NANCY H on Monday, August 7. On Thursday, October 5 Chandoha Marie A sold $350,732 worth of The Charles Schwab Corporation (NYSE:SCHW) or 7,793 shares. SCHWAB CHARLES R had sold 394,935 shares worth $17.69 million. Murtagh Nigel J also sold $361,194 worth of The Charles Schwab Corporation (NYSE:SCHW) on Tuesday, October 31. $3.31 million worth of The Charles Schwab Corporation (NYSE:SCHW) was sold by Clark Bernard J. on Wednesday, September 27.

Among 22 analysts covering Charles Schwab (NYSE:SCHW), 15 have Buy rating, 0 Sell and 7 Hold. Therefore 68% are positive. Charles Schwab had 81 analyst reports since August 11, 2015 according to SRatingsIntel. The rating was maintained by Suntrust Robinson with “Buy” on Wednesday, December 27. JP Morgan maintained The Charles Schwab Corporation (NYSE:SCHW) rating on Thursday, April 14. JP Morgan has “Overweight” rating and $34 target. On Monday, July 10 the stock rating was maintained by Jefferies with “Buy”. UBS reinitiated it with “Buy” rating and $50 target in Monday, March 13 report. The firm earned “Buy” rating on Tuesday, May 30 by Jefferies. Barclays Capital maintained The Charles Schwab Corporation (NYSE:SCHW) rating on Thursday, October 13. Barclays Capital has “Overweight” rating and $35 target. Jefferies maintained The Charles Schwab Corporation (NYSE:SCHW) rating on Thursday, April 7. Jefferies has “Buy” rating and $33 target. The firm has “Outperform” rating given on Friday, June 16 by William Blair. The stock has “Outperform” rating by CLSA on Thursday, September 22. The company was maintained on Tuesday, December 26 by SunTrust.

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