As Conocophillips (COP) Market Value Rose, Lincoln National Lifted Its Stake; Greenwich Investment Management Boosted Position in Triangle Cap (TCAP) by $1.31 Million as Share Price Rose

May 23, 2018 - By Dolores Ford

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Lincoln National Corp increased its stake in Conocophillips (COP) by 116.89% based on its latest 2017Q4 regulatory filing with the SEC. Lincoln National Corp bought 9,254 shares as the company’s stock rose 6.56% while stock markets declined. The institutional investor held 17,171 shares of the integrated oil company at the end of 2017Q4, valued at $942,000, up from 7,917 at the end of the previous reported quarter. Lincoln National Corp who had been investing in Conocophillips for a number of months, seems to be bullish on the $80.86B market cap company. The stock decreased 1.45% or $1.02 during the last trading session, reaching $69.11. About 5.75 million shares traded. ConocoPhillips (NYSE:COP) has risen 33.53% since May 23, 2017 and is uptrending. It has outperformed by 21.98% the S&P500.

Greenwich Investment Management Inc increased its stake in Triangle Cap Corp (TCAP) by 114.84% based on its latest 2017Q4 regulatory filing with the SEC. Greenwich Investment Management Inc bought 145,116 shares as the company’s stock rose 15.15% while stock markets declined. The institutional investor held 271,484 shares of the company at the end of 2017Q4, valued at $2.58 million, up from 126,368 at the end of the previous reported quarter. Greenwich Investment Management Inc who had been investing in Triangle Cap Corp for a number of months, seems to be bullish on the $542.92 million market cap company. The stock decreased 0.22% or $0.02 during the last trading session, reaching $11.31. About 185,397 shares traded. Triangle Capital Corporation (NYSE:TCAP) has declined 40.39% since May 23, 2017 and is downtrending. It has underperformed by 51.94% the S&P500.

Among 15 analysts covering Triangle Capital (NYSE:TCAP), 8 have Buy rating, 1 Sell and 6 Hold. Therefore 53% are positive. Triangle Capital had 39 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Sunday, October 22. The stock of Triangle Capital Corporation (NYSE:TCAP) earned “Hold” rating by Keefe Bruyette & Woods on Tuesday, April 10. Robert W. Baird downgraded the shares of TCAP in report on Monday, May 2 to “Neutral” rating. Jefferies maintained it with “Buy” rating and $1800 target in Thursday, August 3 report. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Wednesday, April 4 report. The rating was upgraded by Raymond James to “Market Perform” on Wednesday, June 29. Hilliard Lyons downgraded the stock to “Hold” rating in Monday, August 7 report. On Thursday, August 3 the stock rating was downgraded by JMP Securities to “Market Perform”. The rating was maintained by National Securities with “Buy” on Tuesday, April 11. The company was maintained on Friday, November 3 by Robert W. Baird.

Investors sentiment increased to 1.09 in 2017 Q4. Its up 0.05, from 1.04 in 2017Q3. It is positive, as 15 investors sold TCAP shares while 31 reduced holdings. 25 funds opened positions while 25 raised stakes. 19.38 million shares or 26.31% more from 15.35 million shares in 2017Q3 were reported. Quantbot Technologies Lp invested in 4,700 shares or 0% of the stock. Credit Suisse Ag holds 0.01% or 630,002 shares in its portfolio. First Interstate State Bank holds 0% of its portfolio in Triangle Capital Corporation (NYSE:TCAP) for 1,632 shares. Jbf Cap reported 1,000 shares. State Bank Of Montreal Can stated it has 242,000 shares. Manufacturers Life The reported 0% in Triangle Capital Corporation (NYSE:TCAP). 147,720 were reported by Mckinley Capital Mngmt Ltd Liability Company Delaware. Susquehanna Intl Gp Ltd Liability Partnership reported 0% of its portfolio in Triangle Capital Corporation (NYSE:TCAP). Tpg Group Hldgs (Sbs) Advsr holds 1.38M shares or 0.2% of its portfolio. 313,529 were reported by Tcw Group. Fj Capital Management has invested 0.02% in Triangle Capital Corporation (NYSE:TCAP). Lsv Asset invested in 15,648 shares. Tower Research Ltd Liability Corp (Trc) accumulated 0.01% or 4,640 shares. Rmb Cap Mgmt Ltd Com, a Illinois-based fund reported 134,010 shares. Bard Assoc Inc invested in 0.07% or 14,982 shares.

More news for Triangle Capital Corporation (NYSE:TCAP) were recently published by: Globenewswire.com, which released: “Triangle Capital Corporation Reports First Quarter 2018 Results” on May 02, 2018. Globenewswire.com‘s article titled: “New Research: Key Drivers of Growth for Camden National, Myers Industries, Grand Canyon Education, MINDBODY …” and published on April 30, 2018 is yet another important article.

Among 26 analysts covering ConocoPhillips (NYSE:COP), 15 have Buy rating, 1 Sell and 10 Hold. Therefore 58% are positive. ConocoPhillips had 101 analyst reports since August 4, 2015 according to SRatingsIntel. As per Monday, February 5, the company rating was maintained by Piper Jaffray. Vetr downgraded the shares of COP in report on Monday, August 31 to “Strong-Buy” rating. The stock of ConocoPhillips (NYSE:COP) earned “Buy” rating by Scotia Capital on Monday, April 9. UBS maintained the stock with “Neutral” rating in Friday, April 29 report. The rating was maintained by Cowen & Co with “Buy” on Thursday, January 18. The firm earned “Equal-Weight” rating on Wednesday, January 24 by Morgan Stanley. The firm earned “Buy” rating on Friday, April 13 by RBC Capital Markets. The stock of ConocoPhillips (NYSE:COP) has “Hold” rating given on Monday, December 11 by Credit Suisse. The rating was downgraded by CLSA on Tuesday, November 15 to “Underperform”. On Friday, July 28 the stock rating was maintained by Jefferies with “Buy”.

Since March 29, 2018, it had 0 insider buys, and 6 selling transactions for $17.01 million activity. Freeman Jody sold $243,586 worth of stock or 3,716 shares. LUNDQUIST ANDREW D sold $1.47M worth of stock or 25,000 shares.

Lincoln National Corp, which manages about $3.29B US Long portfolio, decreased its stake in Horizons Etf Tr I by 1.98 million shares to 62,041 shares, valued at $1.52M in 2017Q4, according to the filing. It also reduced its holding in Ishares Tr (ISTB) by 79,538 shares in the quarter, leaving it with 4,109 shares, and cut its stake in Ishares Tr (TLT).

More notable recent ConocoPhillips (NYSE:COP) news were published by: Seekingalpha.com which released: “Conoco’s attachment orders partly lifted in Curacao, Bonaire” on May 21, 2018, also Newsok.com with their article: “ConocoPhillips Announces Cash Tender Offer for up to $1.75 Billion of Debt Securities” published on May 23, 2018, Seekingalpha.com published: “Report: Venezuela preparing to restore oil exports, pay ConocoPhillips debt” on May 22, 2018. More interesting news about ConocoPhillips (NYSE:COP) were released by: Seekingalpha.com and their article: “ConocoPhillips Seems Overbought Now” published on May 07, 2018 as well as Seekingalpha.com‘s news article titled: “Conoco seizes PDVSA refinery products” with publication date: May 14, 2018.

Investors sentiment increased to 0.72 in 2017 Q4. Its up 0.09, from 0.63 in 2017Q3. It increased, as 42 investors sold COP shares while 534 reduced holdings. 121 funds opened positions while 296 raised stakes. 805.62 million shares or 1.13% less from 814.86 million shares in 2017Q3 were reported. Bryn Mawr holds 0.06% or 19,720 shares. Peak Asset Mngmt Limited Liability accumulated 1.99% or 99,120 shares. Barrett Asset Mngmt Limited Liability Company invested in 59,917 shares or 0.23% of the stock. Tdam Usa Inc invested 0.07% in ConocoPhillips (NYSE:COP). Rathbone Brothers Plc holds 26,286 shares. 1.88 million were accumulated by Rockefeller Inc. The California-based Doheny Asset Mngmt Ca has invested 0.82% in ConocoPhillips (NYSE:COP). Bnp Paribas Asset Mngmt Holdings Sa holds 0.32% or 693,693 shares. Moreover, Eagle Capital Mgmt Llc has 0% invested in ConocoPhillips (NYSE:COP) for 5,600 shares. Pillar Pacific Capital Management Ltd Limited Liability Company reported 76,050 shares. Piedmont Investment Advisors Lc has invested 0.28% in ConocoPhillips (NYSE:COP). Fmr Ltd Liability Corp holds 56.15M shares or 0.36% of its portfolio. Nordea Inv Management Ab owns 565,965 shares. Amer Century Incorporated reported 1.71 million shares stake. The Wisconsin-based Johnson Financial Inc has invested 0.2% in ConocoPhillips (NYSE:COP).

ConocoPhillips (NYSE:COP) Institutional Positions Chart

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