Buckeye Partners Uts LP Unit LTD Partnership Int (BPL) Shareholder Green Square Capital Has Trimmed Holding as Market Value Declined; As Hca Healthcare (HCA) Stock Value Rose, Brave Warrior Advisors Trimmed by $17.79 Million Its Position

August 12, 2018 - By Mark Babin

Buckeye Partners, L.P. (NYSE:BPL) Logo

Brave Warrior Advisors Llc decreased its stake in Hca Healthcare Inc (HCA) by 6.31% based on its latest 2018Q1 regulatory filing with the SEC. Brave Warrior Advisors Llc sold 183,419 shares as the company’s stock rose 3.67% while stock markets declined. The hedge fund held 2.72M shares of the health care company at the end of 2018Q1, valued at $264.07M, down from 2.91 million at the end of the previous reported quarter. Brave Warrior Advisors Llc who had been investing in Hca Healthcare Inc for a number of months, seems to be less bullish one the $44.35 billion market cap company. The stock decreased 0.02% or $0.03 during the last trading session, reaching $128.17. About 1.29 million shares traded. HCA Healthcare, Inc. (NYSE:HCA) has risen 24.76% since August 12, 2017 and is uptrending. It has outperformed by 12.19% the S&P500. Some Historical HCA News: 12/04/2018 – HCA Annual Shareholders Meeting; 21/03/2018 – Brian Cook Named Pres of HCA’s Far West Division; 21/03/2018 – Brian Cook Named President of HCA’s Far West Division; 13/03/2018 – HCA HEALTHCARE SAYS UNIT ENTERED INTO JOINDER AGREEMENT TO REFINANCE SENIOR SECURED TERM B-8 LOAN MATURING ON FEB 15, 2024, OTHERS – SEC FILING

Green Square Capital Llc decreased its stake in Buckeye Partners Uts LP Unit Ltd Partnership Int (BPL) by 16.82% based on its latest 2018Q1 regulatory filing with the SEC. Green Square Capital Llc sold 19,099 shares as the company’s stock declined 22.07% with the market. The hedge fund held 94,429 shares of the natural gas distribution company at the end of 2018Q1, valued at $3.53 million, down from 113,528 at the end of the previous reported quarter. Green Square Capital Llc who had been investing in Buckeye Partners Uts LP Unit Ltd Partnership Int for a number of months, seems to be less bullish one the $5.68B market cap company. The stock decreased 4.63% or $1.8 during the last trading session, reaching $37.03. About 5.06M shares traded or 311.32% up from the average. Buckeye Partners, L.P. (NYSE:BPL) has declined 45.65% since August 12, 2017 and is downtrending. It has underperformed by 58.22% the S&P500. Some Historical BPL News: 04/05/2018 – BUCKEYE PARTNERS 1Q REV. $1.18B, EST. $907.5M; 06/04/2018 – BUCKEYE PARTNERS – BELIEVES Bl-DIRECTIONAL SERVICE ALONG ALTOONA TO PITTSBURGH SECTION WILL NOT MATERIALLY IMPACT ORIGINAL PROJECT COSTS/TIMELINE; 05/04/2018 – BUCKEYE PARTNERS LP – ANNOUNCED AN APPROXIMATELY $80 MLN EXPANSION OF CHICAGO COMPLEX; 16/03/2018 – BUCKEYE PARTNERS DOESN’T SEE MATERIAL IMPACT FROM FERC RULING; 04/05/2018 – Buckeye Partners 1Q EBITDA $261.7M; 05/04/2018 – BUCKEYE REPORTS ~$80M EXPANSION OF CHICAGO COMPLEX; 04/05/2018 – Buckeye Partners 1Q Net $112.4M; 24/04/2018 – BUCKEYE PARTNERS FORMED JV WITH PHILLIPS 66 PARTNERS, ANDEAVOR; 05/04/2018 – Tribune 242: Shell, New Fortress Battle For Bpl Deal; 12/04/2018 – BPL Global Becomes Connected Energy at 37th PLMA Conference

Among 18 analysts covering Buckeye Partners (NYSE:BPL), 3 have Buy rating, 2 Sell and 13 Hold. Therefore 17% are positive. Buckeye Partners had 68 analyst reports since August 4, 2015 according to SRatingsIntel. Goldman Sachs downgraded the stock to “Neutral” rating in Thursday, December 15 report. The rating was initiated by Morgan Stanley with “Overweight” on Thursday, February 25. Mizuho initiated Buckeye Partners, L.P. (NYSE:BPL) on Friday, September 30 with “Neutral” rating. The stock has “Equalweight” rating by Barclays Capital on Thursday, May 12. The stock of Buckeye Partners, L.P. (NYSE:BPL) earned “Neutral” rating by Mizuho on Monday, November 7. The stock of Buckeye Partners, L.P. (NYSE:BPL) earned “Hold” rating by RBC Capital Markets on Wednesday, February 14. Morgan Stanley downgraded the shares of BPL in report on Friday, March 23 to “Equal-Weight” rating. The firm earned “Hold” rating on Monday, February 12 by Guggenheim. The company was maintained on Tuesday, March 27 by Citigroup. Bank of America maintained Buckeye Partners, L.P. (NYSE:BPL) rating on Tuesday, March 6. Bank of America has “Neutral” rating and $52 target.

Green Square Capital Llc, which manages about $1.82B and $637.68 million US Long portfolio, upped its stake in Amazon.Com Inc (NASDAQ:AMZN) by 1,301 shares to 6,567 shares, valued at $9.51 million in 2018Q1, according to the filing. It also increased its holding in Vanguard Total International Stock Etf (VXUS) by 63,468 shares in the quarter, for a total of 77,391 shares, and has risen its stake in Progressive Corp Ohio Com (NYSE:PGR).

Investors sentiment increased to 0.79 in Q1 2018. Its up 0.22, from 0.57 in 2017Q4. It improved, as 56 investors sold BPL shares while 70 reduced holdings. 24 funds opened positions while 76 raised stakes. 99.68 million shares or 1.01% more from 98.68 million shares in 2017Q4 were reported. Adirondack Trust Co stated it has 0.04% in Buckeye Partners, L.P. (NYSE:BPL). Stephens Ar owns 5,748 shares. Arrow Corporation has invested 0% in Buckeye Partners, L.P. (NYSE:BPL). Jpmorgan Chase And holds 3.39 million shares. Ameriprise Financial owns 30,715 shares. Peak6 LP holds 0% or 30,279 shares. 49,534 were reported by Adams Asset Advsr Lc. Synovus Financial Corp holds 0% in Buckeye Partners, L.P. (NYSE:BPL) or 1,126 shares. Atlantic Grp Inc Limited Liability Corp holds 0.15% or 931,336 shares in its portfolio. Moreover, Manufacturers Life Insurance Co The has 0% invested in Buckeye Partners, L.P. (NYSE:BPL) for 4,255 shares. 7,325 were accumulated by Botty Limited Liability Company. Eagle Global Advisors Ltd Limited Liability Company accumulated 2.51 million shares or 3.23% of the stock. Susquehanna Ltd Liability Partnership has 0% invested in Buckeye Partners, L.P. (NYSE:BPL) for 296,585 shares. Northern Trust has 119,571 shares. Cadence Mngmt Limited Com holds 0.47% or 193,369 shares.

Analysts await Buckeye Partners, L.P. (NYSE:BPL) to report earnings on November, 2. They expect $0.73 EPS, down 9.88% or $0.08 from last year’s $0.81 per share. BPL’s profit will be $111.97 million for 12.68 P/E if the $0.73 EPS becomes a reality. After $0.59 actual EPS reported by Buckeye Partners, L.P. for the previous quarter, Wall Street now forecasts 23.73% EPS growth.

Since March 9, 2018, it had 1 insider purchase, and 2 selling transactions for $874,624 activity. $429,380 worth of stock was sold by RUSSO TODD J on Tuesday, May 22. McKinley Mark C. also bought $38,463 worth of Buckeye Partners, L.P. (NYSE:BPL) shares.

More notable recent Buckeye Partners, L.P. (NYSE:BPL) news were published by: Seekingalpha.com which released: “Buckeye Partners: Contrarian Opportunity” on July 20, 2018, also Seekingalpha.com with their article: “Buckeye Partners: Strongest Buy In MLP Universe” published on August 07, 2018, Seekingalpha.com published: “Buckeye Partners: Follow The ‘Smart’ Money” on July 27, 2018. More interesting news about Buckeye Partners, L.P. (NYSE:BPL) were released by: Fool.com and their article: “Buckeye Partners Admits What the Market Has Been Telling It for Months” published on August 09, 2018 as well as Seekingalpha.com‘s news article titled: “Stay Away From Coal Stocks – Cramer’s Lightning Round (8/9/18)” with publication date: August 10, 2018.

More notable recent HCA Healthcare, Inc. (NYSE:HCA) news were published by: Businesswire.com which released: “HCA Announces Proposed Public Offering of Senior Notes” on August 09, 2018, also Fool.com with their article: “HCA Healthcare Reports Positive Earnings” published on July 27, 2018, Fool.com published: “Why HCA Healthcare, Inc. Stock Jumped Today” on July 25, 2018. More interesting news about HCA Healthcare, Inc. (NYSE:HCA) were released by: Bizjournals.com and their article: “HCA’s Milton Johnson: ‘I don’t feel compelled’ to make a big acquisition” published on July 25, 2018 as well as Nasdaq.com‘s news article titled: “Consolidated Research: 2018 Summary Expectations for HCA Healthcare, The AES, Hercules Capital, Carrizo Oil …” with publication date: August 09, 2018.

Among 30 analysts covering HCA Holdings (NYSE:HCA), 20 have Buy rating, 2 Sell and 8 Hold. Therefore 67% are positive. HCA Holdings had 104 analyst reports since August 6, 2015 according to SRatingsIntel. RBC Capital Markets maintained HCA Healthcare, Inc. (NYSE:HCA) on Monday, October 2 with “Buy” rating. The stock has “Buy” rating by SunTrust on Friday, October 13. The rating was maintained by Mizuho on Thursday, October 15 with “Buy”. On Wednesday, October 18 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. Bank of America maintained it with “Neutral” rating and $86 target in Thursday, October 19 report. The company was maintained on Monday, June 12 by RBC Capital Markets. The rating was maintained by Piper Jaffray with “Hold” on Tuesday, January 30. RBC Capital Markets maintained the shares of HCA in report on Friday, January 29 with “Outperform” rating. Jefferies maintained HCA Healthcare, Inc. (NYSE:HCA) rating on Monday, August 21. Jefferies has “Buy” rating and $100.0 target. The stock of HCA Healthcare, Inc. (NYSE:HCA) earned “Market Outperform” rating by Avondale on Friday, April 15.

Investors sentiment increased to 0.96 in Q1 2018. Its up 0.18, from 0.78 in 2017Q4. It increased, as 38 investors sold HCA shares while 194 reduced holdings. 94 funds opened positions while 129 raised stakes. 243.77 million shares or 2.87% less from 250.97 million shares in 2017Q4 were reported. Scotia Cap accumulated 29,171 shares. Conning Incorporated holds 0.02% or 5,740 shares. Louisiana-based Louisiana State Employees Retirement System has invested 0.08% in HCA Healthcare, Inc. (NYSE:HCA). Adell Harriman And Carpenter stated it has 4,800 shares. Jane Street Gp Ltd Llc invested in 7,038 shares or 0% of the stock. 44,185 were accumulated by Metropolitan Life Ins. Pnc Financial Ser Incorporated accumulated 0.01% or 139,124 shares. Bremer Tru Association holds 7,824 shares or 0.22% of its portfolio. Martin Currie holds 42,008 shares. Fred Alger Management accumulated 12,500 shares. Pennsylvania-based Smithfield Trust has invested 0% in HCA Healthcare, Inc. (NYSE:HCA). Finemark National Bank & Trust Tru accumulated 2,744 shares. Dnb Asset Management As stated it has 34,044 shares or 0% of all its holdings. Sg Americas Limited Com has 0.02% invested in HCA Healthcare, Inc. (NYSE:HCA) for 29,694 shares. Nordea Inv Management holds 117,006 shares or 0.03% of its portfolio.

Since February 14, 2018, it had 2 buys, and 16 sales for $33.93 million activity. Hall Charles J sold $11.98M worth of HCA Healthcare, Inc. (NYSE:HCA) on Wednesday, February 14. $1.20 million worth of HCA Healthcare, Inc. (NYSE:HCA) was sold by Perlin Jonathan B. Shares for $126,420 were sold by Reiner Deborah M. The insider Torres Kathryn A. sold $190,063. 28,650 shares were bought by FRIST THOMAS F JR, worth $2.90M. Cuffe Michael S. also sold $665,487 worth of HCA Healthcare, Inc. (NYSE:HCA) on Thursday, July 26.

Analysts await HCA Healthcare, Inc. (NYSE:HCA) to report earnings on October, 30. They expect $1.93 earnings per share, up 59.50% or $0.72 from last year’s $1.21 per share. HCA’s profit will be $667.87M for 16.60 P/E if the $1.93 EPS becomes a reality. After $2.29 actual earnings per share reported by HCA Healthcare, Inc. for the previous quarter, Wall Street now forecasts -15.72% negative EPS growth.

Buckeye Partners, L.P. (NYSE:BPL) Institutional Positions Chart

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