Connor Clark & Lunn Investment Management LTD Has Boosted By $4.33 Million Its Intuitive Surgical (ISRG) Stake; Summit Midstream Partners LP (SMLP)’s Sentiment Is 1.33

September 13, 2017 - By marketbeat

Summit Midstream Partners, LP focuses on developing, owning and operating midstream energy infrastructure assets. The company has market cap of $1.58 billion. The Company’s divisions include the Utica Shale, which includes its ownership interest in Ohio Gathering, as well as Summit Utica; the Williston Basin, which includes Bison Midstream, Polar and Divide and Tioga Midstream; the Marcellus Shale, which includes Mountaineer Midstream; the Barnett Shale, which includes DFW Midstream Services LLC , and the Piceance Basin /DJ Basins, which includes Grand River and Niobrara G&P. It has a 88.49 P/E ratio. The Company’s assets are located in the producing areas of unconventional resource basins, primarily shale formations, in the continental United States.

Connor Clark & Lunn Investment Management Ltd increased Intuitive Surgical Inc (ISRG) stake by 359.21% reported in 2016Q4 SEC filing. Connor Clark & Lunn Investment Management Ltd acquired 6,825 shares as Intuitive Surgical Inc (ISRG)’s stock rose 20.10%. The Connor Clark & Lunn Investment Management Ltd holds 8,725 shares with $5.53 million value, up from 1,900 last quarter. Intuitive Surgical Inc now has $38.65 billion valuation. The stock declined 0.45% or $4.67 reaching $1040.33 on the news. About 57,456 shares traded. Intuitive Surgical, Inc. (NASDAQ:ISRG) has risen 39.52% since September 13, 2016 and is uptrending. It has outperformed by 22.82% the S&P500.

Hmi Capital Llc holds 17.59% of its portfolio in Summit Midstream Partners LP for 4.48 million shares. Emory University owns 87,560 shares or 2.17% of their US portfolio. Moreover, Evergreen Capital Management Llc has 1.6% invested in the company for 329,080 shares. The New York-based Entrustpermal Management Llc has invested 1.29% in the stock. Oxbow Advisors Llc, a Texas-based fund reported 380,773 shares.

About 13,771 shares traded. Summit Midstream Partners LP (SMLP) has risen 6.71% since September 13, 2016 and is uptrending. It has underperformed by 9.99% the S&P500.

Ratings analysis reveals 50% of Summit Midstream Partners’s analysts are positive. Out of 2 Wall Street analysts rating Summit Midstream Partners, 1 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. SMLP was included in 2 notes of analysts from September 6, 2016. The company was downgraded on Friday, January 27 by Credit Suisse. RBC Capital Markets maintained Summit Midstream Partners LP (NYSE:SMLP) rating on Tuesday, September 6. RBC Capital Markets has “Outperform” rating and $28.0 target.

Since March 15, 2017, it had 0 insider buys, and 9 selling transactions for $15.37 million activity. Another trade for 1,000 shares valued at $750,000 was sold by Johnson Amal M. On Wednesday, March 15 Samath Jamie sold $3.20 million worth of Intuitive Surgical, Inc. (NASDAQ:ISRG) or 4,268 shares. Another trade for 3,000 shares valued at $2.79M was sold by RUBASH MARK J. Myriam Curet sold 750 shares worth $697,500. The insider MELTZER MARK J sold $2.66 million. $3.75M worth of Intuitive Surgical, Inc. (NASDAQ:ISRG) was sold by Rosa David J. on Wednesday, March 15. Another trade for 1,306 shares valued at $1.20 million was sold by Brogna Salvatore.

Connor Clark & Lunn Investment Management Ltd decreased Formfactor Inc (NASDAQ:FORM) stake by 38,536 shares to 87,964 valued at $985,000 in 2016Q4. It also reduced Iconix Brand Group Inc (NASDAQ:ICON) stake by 195,525 shares and now owns 963,175 shares. Asanko Gold Inc. (NYSEMKT:AKG) was reduced too.

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