Plains All American Pipeline L (PAA) Shareholder Bollard Group Has Decreased Position as Market Value Declined; As Southwest Airls Co (LUV) Share Value Rose, Holder U S Global Investors Has Increased Position

January 17, 2018 - By Michael Collier

Bollard Group Llc decreased its stake in Plains All American Pipeline L (PAA) by 9.57% based on its latest 2017Q3 regulatory filing with the SEC. Bollard Group Llc sold 31,900 shares as the company’s stock declined 10.37% while stock markets rallied. The hedge fund held 301,320 shares of the energy company at the end of 2017Q3, valued at $6.39 million, down from 333,220 at the end of the previous reported quarter. Bollard Group Llc who had been investing in Plains All American Pipeline L for a number of months, seems to be less bullish one the $16.61B market cap company. The stock increased 0.04% or $0.01 during the last trading session, reaching $22.91. About 3.35 million shares traded. Plains All American Pipeline, L.P. (NYSE:PAA) has risen 11.50% since January 17, 2017 and is uptrending. It has underperformed by 5.20% the S&P500.

U S Global Investors Inc increased its stake in Southwest Airls Co (LUV) by 3.24% based on its latest 2017Q3 regulatory filing with the SEC. U S Global Investors Inc bought 7,959 shares as the company’s stock rose 1.26% with the market. The institutional investor held 253,402 shares of the air freight and delivery services company at the end of 2017Q3, valued at $14.18M, up from 245,443 at the end of the previous reported quarter. U S Global Investors Inc who had been investing in Southwest Airls Co for a number of months, seems to be bullish on the $39.21B market cap company. The stock increased 0.92% or $0.6 during the last trading session, reaching $66.07. About 4.86 million shares traded or 2.39% up from the average. Southwest Airlines Co. (NYSE:LUV) has risen 37.63% since January 17, 2017 and is uptrending. It has outperformed by 20.93% the S&P500.

Since October 17, 2017, it had 0 buys, and 3 selling transactions for $2.23 million activity. The insider Jordan Robert E sold 32,931 shares worth $2.12M. BIGGINS J VERONICA also sold $1,886 worth of Southwest Airlines Co. (NYSE:LUV) on Tuesday, October 17.

Investors sentiment increased to 0.89 in Q3 2017. Its up 0.06, from 0.83 in 2017Q2. It is positive, as 69 investors sold LUV shares while 249 reduced holdings. 70 funds opened positions while 213 raised stakes. 441.14 million shares or 4.78% less from 463.31 million shares in 2017Q2 were reported. 58,300 were accumulated by Andra Ap. Lee Danner & Bass reported 93,717 shares. Cypress Asset Mngmt Tx accumulated 8,000 shares. Grimes & Com has invested 0.63% in Southwest Airlines Co. (NYSE:LUV). Advisors has invested 0.6% in Southwest Airlines Co. (NYSE:LUV). Norinchukin State Bank The owns 69,952 shares for 0.08% of their portfolio. Moreover, Oppenheimer has 0.45% invested in Southwest Airlines Co. (NYSE:LUV). South Dakota Investment Council owns 18,600 shares for 0.02% of their portfolio. Cypress Capital Mngmt Ltd Liability Corp (Wy) holds 200 shares. Invest House Limited Liability Corp has 9,230 shares for 0.07% of their portfolio. Cornerstone Capital Mgmt Lc owns 0.16% invested in Southwest Airlines Co. (NYSE:LUV) for 360,580 shares. Salem Invest Counselors reported 208 shares stake. Baystate Wealth holds 0% or 40 shares. Advisor Prtnrs Ltd accumulated 15,800 shares or 0.17% of the stock. Atria Lc accumulated 0.02% or 6,869 shares.

U S Global Investors Inc, which manages about $845.00M and $272.08M US Long portfolio, decreased its stake in Rayonier Advanced Matls Inc (NYSE:RYAM) by 95,915 shares to 66,600 shares, valued at $912,000 in 2017Q3, according to the filing. It also reduced its holding in Allegiant Travel Co (NASDAQ:ALGT) by 7,465 shares in the quarter, leaving it with 34,630 shares, and cut its stake in At&T Inc (NYSE:T).

Among 19 analysts covering Southwest Airlines Co. (NYSE:LUV), 16 have Buy rating, 0 Sell and 3 Hold. Therefore 84% are positive. Southwest Airlines Co. had 61 analyst reports since July 30, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Thursday, January 12 by Imperial Capital. Deutsche Bank maintained the stock with “Buy” rating in Friday, July 24 report. The company was maintained on Friday, October 27 by Buckingham Research. JP Morgan maintained it with “Overweight” rating and $52 target in Thursday, February 4 report. As per Friday, September 15, the company rating was upgraded by J.P. Morgan. The stock of Southwest Airlines Co. (NYSE:LUV) earned “Outperform” rating by Cowen & Co on Friday, June 24. Credit Suisse maintained the shares of LUV in report on Friday, January 22 with “Outperform” rating. The firm has “Buy” rating by Deutsche Bank given on Friday, October 23. Credit Suisse maintained the shares of LUV in report on Tuesday, April 12 with “Outperform” rating. The stock of Southwest Airlines Co. (NYSE:LUV) earned “Overweight” rating by JP Morgan on Friday, September 15.

Among 30 analysts covering Plains All American Pipeline LP (NYSE:PAA), 11 have Buy rating, 1 Sell and 18 Hold. Therefore 37% are positive. Plains All American Pipeline LP had 99 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Tuesday, July 18 by Jefferies. The rating was downgraded by Raymond James to “Mkt Perform” on Monday, January 4. The firm earned “Buy” rating on Friday, January 12 by Jefferies. The firm has “Buy” rating by Citigroup given on Friday, August 7. On Wednesday, June 15 the stock rating was initiated by SunTrust with “Neutral”. As per Monday, January 30, the company rating was initiated by Mizuho. The company was maintained on Tuesday, August 15 by Citigroup. The firm has “Hold” rating given on Monday, August 7 by RBC Capital Markets. The firm has “Hold” rating given on Monday, April 24 by Jefferies. On Friday, August 18 the stock rating was maintained by BMO Capital Markets with “Market Perform”.

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 $311.83 million for 13.32 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.

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