Edgemoor Investment Advisors Increased Its Magellan Midstream Prtnrs LP (MMP) Stake; Centaur Capital Partners LP Has Boosted Its Usa Technologies (USAT) Position

June 20, 2017 - By Nellie Frank

Edgemoor Investment Advisors Inc increased Magellan Midstream Prtnrs Lp (MMP) stake by 20.56% reported in 2016Q4 SEC filing. Edgemoor Investment Advisors Inc acquired 8,560 shares as Magellan Midstream Prtnrs Lp (MMP)’s stock declined 7.68%. The Edgemoor Investment Advisors Inc holds 50,195 shares with $3.80 million value, up from 41,635 last quarter. Magellan Midstream Prtnrs Lp now has $15.50B valuation. The stock declined 2.07% or $1.44 reaching $68.19 on the news. About 459,279 shares traded. Magellan Midstream Partners, L.P. (NYSE:MMP) has risen 3.55% since June 20, 2016 and is uptrending. It has underperformed by 13.15% the S&P500.

Centaur Capital Partners Lp increased Usa Technologies Inc (USAT) stake by 609.09% reported in 2016Q4 SEC filing. Centaur Capital Partners Lp acquired 335,000 shares as Usa Technologies Inc (USAT)’s stock rose 9.64%. The Centaur Capital Partners Lp holds 390,000 shares with $1.68 million value, up from 55,000 last quarter. Usa Technologies Inc now has $220.13 million valuation. It is 0.00% or $0 reaching $5.25 per share. It is down 19.42% since June 20, 2016 and is uptrending. It has outperformed by 2.72% the S&P500.

Since February 3, 2017, it had 0 buys, and 4 selling transactions for $5.72 million activity. Korner Lisa J had sold 10,000 shares worth $786,700 on Wednesday, February 8. MEARS MICHAEL N also sold $3.94 million worth of Magellan Midstream Partners, L.P. (NYSE:MMP) on Friday, February 3. $400,000 worth of stock was sold by Selvidge Jeff R on Monday, February 13. The insider May Douglas J sold $600,000.

Edgemoor Investment Advisors Inc decreased Lowes Cos Inc (NYSE:LOW) stake by 4,616 shares to 344,550 valued at $24.50M in 2016Q4. It also reduced Novartis A G (NYSE:NVS) stake by 4,437 shares and now owns 210,131 shares. Rogers Communications Inc (NYSE:RCI) was reduced too.

Among 19 analysts covering Magellan Midstream Partners L.P. (NYSE:MMP), 10 have Buy rating, 1 Sell and 8 Hold. Therefore 53% are positive. Magellan Midstream Partners L.P. had 38 analyst reports since August 7, 2015 according to SRatingsIntel. Credit Suisse upgraded Magellan Midstream Partners, L.P. (NYSE:MMP) on Monday, August 10 to “Outperform” rating. The company was downgraded on Thursday, August 18 by Morgan Stanley. The firm has “Market Perform” rating given on Wednesday, January 11 by Wells Fargo. The stock of Magellan Midstream Partners, L.P. (NYSE:MMP) earned “Buy” rating by Ladenburg Thalmann on Monday, December 19. JP Morgan maintained the stock with “Neutral” rating in Monday, May 16 report. The stock has “Neutral” rating by Credit Suisse on Friday, May 5. The stock of Magellan Midstream Partners, L.P. (NYSE:MMP) earned “Neutral” rating by Mizuho on Friday, September 30. Goldman Sachs upgraded the stock to “Buy” rating in Thursday, December 15 report. The stock of Magellan Midstream Partners, L.P. (NYSE:MMP) earned “Buy” rating by Ladenburg Thalmann on Wednesday, July 13. Argus Research maintained the shares of MMP in report on Monday, August 10 with “Buy” rating.

Investors sentiment decreased to 0.81 in 2016 Q4. Its down 0.38, from 1.19 in 2016Q3. It is negative, as 38 investors sold MMP shares while 169 reduced holdings. 41 funds opened positions while 127 raised stakes. 134.82 million shares or 3.13% less from 139.16 million shares in 2016Q3 were reported. Narwhal Cap Mgmt, a Georgia-based fund reported 33,550 shares. Solaris Asset Mgmt Limited Co invested 0.51% in Magellan Midstream Partners, L.P. (NYSE:MMP). Chilton Mgmt Ltd Liability Corp owns 39,735 shares or 0.31% of their US portfolio. Tocqueville Asset Management Ltd Partnership has invested 0.07% in Magellan Midstream Partners, L.P. (NYSE:MMP). Carnegie Asset Mgmt Lc, Ohio-based fund reported 41,001 shares. 16,755 are held by Joel Isaacson & Company. Moreover, Ameritas Invest Prtnrs has 0.01% invested in Magellan Midstream Partners, L.P. (NYSE:MMP) for 1,400 shares. Bush Odonnell Invest accumulated 0.69% or 13,695 shares. Fayez Sarofim And, Texas-based fund reported 12,678 shares. Essex Services stated it has 8,547 shares or 0.14% of all its holdings. Moreover, Financial Bank has 0.01% invested in Magellan Midstream Partners, L.P. (NYSE:MMP) for 4,500 shares. Stonebridge Advsrs Limited Liability has invested 0.16% in Magellan Midstream Partners, L.P. (NYSE:MMP). Brown Advisory Limited Liability Com accumulated 8,036 shares. Hamilton Point Investment Advsrs Ltd invested 0.19% in Magellan Midstream Partners, L.P. (NYSE:MMP). Alphamark Advisors Ltd Llc reported 354 shares or 0.01% of all its holdings.

Investors sentiment decreased to 1.19 in Q4 2016. Its down 0.18, from 1.37 in 2016Q3. It turned negative, as 11 investors sold USAT shares while 20 reduced holdings. 10 funds opened positions while 27 raised stakes. 14.74 million shares or 1.06% more from 14.59 million shares in 2016Q3 were reported. Virginia-based Thompson Davis & has invested 0.18% in USA Technologies, Inc. (NASDAQ:USAT). Emerald Advisers Pa invested in 0% or 23,540 shares. Moreover, Legal And General Gp Plc has 0% invested in USA Technologies, Inc. (NASDAQ:USAT). Susquehanna Int Grp Llp has 79,364 shares. Blackrock has 0% invested in USA Technologies, Inc. (NASDAQ:USAT). Morgan Stanley holds 0% or 720,557 shares. Tower Cap Ltd Liability Company (Trc) owns 8,722 shares. Citigroup holds 39,078 shares or 0% of its portfolio. 21,232 are held by Blackrock Advsr Lc. Kistler invested 0% in USA Technologies, Inc. (NASDAQ:USAT). Blackrock Fund Advsr accumulated 1.17 million shares. Avalon Lc reported 131,583 shares. Retail Bank Of Mellon reported 0% of its portfolio in USA Technologies, Inc. (NASDAQ:USAT). Bnp Paribas Arbitrage holds 1,754 shares. Centaur Cap Prtn Lp has invested 3.61% in USA Technologies, Inc. (NASDAQ:USAT).

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