As Sanofi Sponsored Adr (SNY) Market Value Declined, Shareholder Horizon Investments Trimmed by $364,000 Its Position; Evanson Asset Management Lowered Its Holding in Enterprise Prods Partners L (EPD) by $474,448 as Valuation Declined

April 17, 2018 - By Clifton Ray

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Evanson Asset Management Llc decreased its stake in Enterprise Prods Partners L (EPD) by 16.64% based on its latest 2017Q4 regulatory filing with the SEC. Evanson Asset Management Llc sold 18,248 shares as the company’s stock declined 8.22% with the market. The institutional investor held 91,400 shares of the natural gas distribution company at the end of 2017Q4, valued at $2.42M, down from 109,648 at the end of the previous reported quarter. Evanson Asset Management Llc who had been investing in Enterprise Prods Partners L for a number of months, seems to be less bullish one the $58.26 billion market cap company. The stock increased 4.15% or $1.07 during the last trading session, reaching $26.83. About 7.97 million shares traded or 22.10% up from the average. Enterprise Products Partners L.P. (NYSE:EPD) has declined 10.03% since April 17, 2017 and is downtrending. It has underperformed by 21.58% the S&P500.

Horizon Investments Llc decreased its stake in Sanofi Sponsored Adr (SNY) by 24.72% based on its latest 2017Q4 regulatory filing with the SEC. Horizon Investments Llc sold 7,280 shares as the company’s stock declined 8.41% with the market. The institutional investor held 22,164 shares of the major pharmaceuticals company at the end of 2017Q4, valued at $1.11M, down from 29,444 at the end of the previous reported quarter. Horizon Investments Llc who had been investing in Sanofi Sponsored Adr for a number of months, seems to be less bullish one the $101.61B market cap company. The stock increased 0.47% or $0.19 during the last trading session, reaching $40.75. About 778,103 shares traded. Sanofi (NYSE:SNY) has declined 13.31% since April 17, 2017 and is downtrending. It has underperformed by 24.86% the S&P500.

Analysts await Sanofi (NYSE:SNY) to report earnings on April, 27 before the open. They expect $0.84 EPS, up 10.53% or $0.08 from last year’s $0.76 per share. SNY’s profit will be $2.09 billion for 12.13 P/E if the $0.84 EPS becomes a reality. After $0.62 actual EPS reported by Sanofi for the previous quarter, Wall Street now forecasts 35.48% EPS growth.

Horizon Investments Llc, which manages about $1.50 billion and $628.37M US Long portfolio, upped its stake in Xcel Energy Inc Com (NYSE:XEL) by 14,535 shares to 27,655 shares, valued at $1.26M in 2017Q4, according to the filing. It also increased its holding in Ishares Tr 1 3 Yr Treas Bd (SHY) by 5,571 shares in the quarter, for a total of 68,588 shares, and has risen its stake in Vanguard Index Fds Mid Cap Etf (VO).

Among 12 analysts covering Sanofi-aventis Sa (NYSE:SNY), 1 have Buy rating, 2 Sell and 9 Hold. Therefore 8% are positive. Sanofi-aventis Sa had 25 analyst reports since October 15, 2015 according to SRatingsIntel. HSBC upgraded the shares of SNY in report on Wednesday, August 30 to “Hold” rating. The rating was downgraded by Bank of America on Wednesday, December 6 to “Hold”. The stock has “Hold” rating by Cowen & Co on Friday, October 13. BNP Paribas upgraded the shares of SNY in report on Tuesday, September 13 to “Neutral” rating. The rating was downgraded by Barclays Capital on Tuesday, January 23 to “Underweight”. The stock of Sanofi (NYSE:SNY) earned “Sell” rating by JP Morgan on Friday, March 31. The firm has “Mkt Perform” rating given on Monday, November 9 by Bernstein. Cowen & Co maintained it with “Hold” rating and $52.0 target in Tuesday, September 5 report. The company was maintained on Thursday, February 8 by Bernstein. On Friday, December 1 the stock rating was downgraded by Morgan Stanley to “Underweight”.

Among 26 analysts covering Enterprise Products Partners LP (NYSE:EPD), 26 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Enterprise Products Partners LP had 56 analyst reports since July 23, 2015 according to SRatingsIntel. On Friday, September 1 the stock rating was maintained by Jefferies with “Buy”. The firm has “Buy” rating given on Wednesday, November 18 by Deutsche Bank. The rating was maintained by BMO Capital Markets with “Buy” on Tuesday, July 11. BMO Capital Markets maintained the shares of EPD in report on Monday, November 13 with “Buy” rating. The firm earned “Overweight” rating on Thursday, June 15 by Morgan Stanley. On Tuesday, August 15 the stock rating was maintained by BMO Capital Markets with “Buy”. Seaport Global maintained Enterprise Products Partners L.P. (NYSE:EPD) on Monday, April 9 with “Buy” rating. The stock of Enterprise Products Partners L.P. (NYSE:EPD) earned “Buy” rating by Evercore on Friday, September 16. Stifel Nicolaus maintained the shares of EPD in report on Thursday, September 14 with “Buy” rating. The firm earned “Buy” rating on Monday, October 10 by Deutsche Bank.

Since March 7, 2018, it had 2 buys, and 0 insider sales for $1.10 million activity.

Investors sentiment decreased to 0.85 in 2017 Q4. Its down 0.15, from 1 in 2017Q3. It turned negative, as 60 investors sold EPD shares while 283 reduced holdings. 73 funds opened positions while 219 raised stakes. 750.14 million shares or 4.26% less from 783.53 million shares in 2017Q3 were reported. 385,045 are held by Susquehanna Group Ltd Liability Partnership. Duff And Phelps Invest Mngmt accumulated 0.99% or 2.61M shares. Sequent Asset Ltd Liability Corp, Texas-based fund reported 13,459 shares. Mirae Asset Glob Ltd invested in 0.05% or 136,952 shares. Walleye Trading Limited Liability Company has invested 0.01% of its portfolio in Enterprise Products Partners L.P. (NYSE:EPD). Moreover, Parkside Fincl Bank And Tru has 0.34% invested in Enterprise Products Partners L.P. (NYSE:EPD) for 34,858 shares. Summit Asset Management Limited Liability Company accumulated 12,682 shares or 0.16% of the stock. Ancora Advisors Ltd Liability owns 206,172 shares or 0.29% of their US portfolio. 593,706 were reported by Eaton Vance Management. Reynders Mcveigh Mgmt Ltd Liability holds 0.06% of its portfolio in Enterprise Products Partners L.P. (NYSE:EPD) for 17,796 shares. Price T Rowe Md invested in 0.03% or 6.93M shares. Neuberger Berman Gp reported 0.61% stake. Guardian Investment Mngmt, a California-based fund reported 15,934 shares. Coastline Tru holds 0.31% or 77,540 shares. First Manhattan Communications stated it has 0.02% in Enterprise Products Partners L.P. (NYSE:EPD).

Enterprise Products Partners L.P. (NYSE:EPD) Institutional Positions Chart

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