Caprock Group Stake in Centerpoint Energy (CNP) Has Increased as Stock Price Declined; Gardner Lewis Asset Management LP Has Upped Stake in Eog Resources (EOG)

August 12, 2018 - By Palma Niemeyer

EOG Resources, Inc. (NYSE:EOG) Logo

Caprock Group Inc increased its stake in Centerpoint Energy Inc (CNP) by 212.35% based on its latest 2018Q1 regulatory filing with the SEC. Caprock Group Inc bought 16,457 shares as the company’s stock declined 6.51% with the market. The institutional investor held 24,207 shares of the public utilities company at the end of 2018Q1, valued at $663,000, up from 7,750 at the end of the previous reported quarter. Caprock Group Inc who had been investing in Centerpoint Energy Inc for a number of months, seems to be bullish on the $12.14B market cap company. The stock decreased 0.25% or $0.07 during the last trading session, reaching $28.13. About 2.97M shares traded. CenterPoint Energy, Inc. (NYSE:CNP) has declined 7.81% since August 12, 2017 and is downtrending. It has underperformed by 20.38% the S&P500. Some Historical CNP News: 24/04/2018 – CENTERPOINT AND VECTREN MERGER CONFERENCE CALL BEGINS; 23/04/2018 – CenterPoint to Buy U.S. Midwest Utility Vectren for $72 a Share; 08/05/2018 – Marathon’s, Valero’s Texas City, Texas refineries lose power; 24/04/2018 – WeissLaw LLP Investigates Vectren Corporation Acquisition; 23/04/2018 – Vectren to Become a CenterPoint Energy Co. With Combined Co’s Natural Gas Utilities Ops and Indiana Electric Operation to Headquartered in Evansville, Ind; 05/04/2018 – CENTERPOINT SEEN AS LEADING CONTENDER FOR VECTREN: DEALREPORTER; 20/04/2018 – CenterPoint Energy Closes Below 50-Day Average: Technicals; 23/04/2018 – CenterPoint, Vectren: Scott Prochazka Will Serve as Pres and CEO of Combined Co; 23/04/2018 – CENTERPOINT ENERGY TO BUY VECTREN FOR $72/SHARE; ASSUME DEBT; 05/04/2018 – CenterPoint Energy encourages safety awareness during National Safe Digging Month

Gardner Lewis Asset Management LP increased its stake in Eog Resources Inc. (EOG) by 5.34% based on its latest 2018Q1 regulatory filing with the SEC. Gardner Lewis Asset Management LP bought 4,438 shares as the company’s stock rose 7.55% while stock markets declined. The institutional investor held 87,576 shares of the energy company at the end of 2018Q1, valued at $9.22 million, up from 83,138 at the end of the previous reported quarter. Gardner Lewis Asset Management LP who had been investing in Eog Resources Inc. for a number of months, seems to be bullish on the $71.11 billion market cap company. The stock increased 0.38% or $0.46 during the last trading session, reaching $122.77. About 2.27M shares traded. EOG Resources, Inc. (NYSE:EOG) has risen 29.38% since August 12, 2017 and is uptrending. It has outperformed by 16.81% the S&P500.

Caprock Group Inc, which manages about $1.88 billion and $468.46 million US Long portfolio, decreased its stake in Blackrock Inc (NYSE:BLK) by 579 shares to 941 shares, valued at $510,000 in 2018Q1, according to the filing. It also reduced its holding in Cisco Sys Inc (NASDAQ:CSCO) by 20,688 shares in the quarter, leaving it with 85,156 shares, and cut its stake in Ishares Tr (IJH).

Investors sentiment decreased to 0.92 in Q1 2018. Its down 0.12, from 1.04 in 2017Q4. It worsened, as 42 investors sold CNP shares while 177 reduced holdings. 63 funds opened positions while 138 raised stakes. 322.35 million shares or 1.74% more from 316.82 million shares in 2017Q4 were reported. Fjarde Ap accumulated 167,989 shares. Bluemountain Cap Mgmt Ltd holds 0.03% or 50,702 shares in its portfolio. Swiss Bancorp invested in 0.04% or 1.31M shares. Blb&B Advsrs Lc has 0.44% invested in CenterPoint Energy, Inc. (NYSE:CNP). United Capital Financial Advisers Limited Liability Company owns 49,892 shares for 0.01% of their portfolio. Verition Fund Management Ltd Liability holds 0.05% or 25,699 shares. Moors Cabot Inc holds 0.17% or 45,587 shares. Mason Street Advisors Ltd Limited Liability Company holds 0.04% or 60,040 shares in its portfolio. Pictet Asset Mngmt holds 0.2% or 2.89 million shares. National Pension Ser accumulated 0% or 3,718 shares. Invesco Ltd invested 0.07% of its portfolio in CenterPoint Energy, Inc. (NYSE:CNP). Riverhead Capital Management Lc invested in 10,870 shares. Segall Bryant & Hamill Limited Company has 7,420 shares for 0% of their portfolio. Transamerica Advisors Incorporated invested 0.09% in CenterPoint Energy, Inc. (NYSE:CNP). The Ontario – Canada-based Cibc Asset Mgmt has invested 0.01% in CenterPoint Energy, Inc. (NYSE:CNP).

Since February 28, 2018, it had 0 insider buys, and 9 sales for $3.46 million activity. CARROLL MILTON had sold 43,363 shares worth $1.18M on Wednesday, February 28. Pound Ted had sold 3,200 shares worth $84,432 on Tuesday, May 8.

Among 14 analysts covering CenterPoint (NYSE:CNP), 3 have Buy rating, 0 Sell and 11 Hold. Therefore 21% are positive. CenterPoint had 43 analyst reports since August 11, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Hold” rating in Sunday, September 10 report. As per Tuesday, August 11, the company rating was maintained by Deutsche Bank. The firm earned “Neutral” rating on Monday, September 26 by SunTrust. The firm has “Neutral” rating given on Tuesday, April 24 by JP Morgan. The stock has “Sector Perform” rating by RBC Capital Markets on Thursday, March 16. SunTrust maintained CenterPoint Energy, Inc. (NYSE:CNP) on Monday, October 30 with “Hold” rating. The stock of CenterPoint Energy, Inc. (NYSE:CNP) has “Neutral” rating given on Thursday, June 29 by JP Morgan. The rating was initiated by Bank of America on Tuesday, October 24 with “Hold”. The rating was maintained by SunTrust with “Hold” on Monday, April 16. On Friday, November 6 the stock rating was maintained by Macquarie Research with “Neutral”.

Since May 7, 2018, it had 0 insider buys, and 7 selling transactions for $15.26 million activity. $229,039 worth of stock was sold by TEXTOR DONALD F on Thursday, June 28. Shares for $103,071 were sold by WISNER FRANK G on Monday, May 7. Janssen Ann D. had sold 4,816 shares worth $568,150 on Wednesday, May 9. DRIGGERS TIMOTHY K had sold 10,489 shares worth $1.32 million.

Among 41 analysts covering EOG Resources (NYSE:EOG), 30 have Buy rating, 0 Sell and 11 Hold. Therefore 73% are positive. EOG Resources had 140 analyst reports since July 22, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of EOG in report on Tuesday, November 8 with “Sector Perform” rating. The rating was maintained by BMO Capital Markets on Tuesday, October 10 with “Buy”. RBC Capital Markets maintained it with “Hold” rating and $107.0 target in Tuesday, October 10 report. Barclays Capital maintained the shares of EOG in report on Wednesday, October 11 with “Overweight” rating. The stock has “Market Perform” rating by Cowen & Co on Wednesday, March 30. Stifel Nicolaus maintained the shares of EOG in report on Wednesday, March 28 with “Buy” rating. The rating was maintained by Susquehanna with “Hold” on Monday, March 5. The stock of EOG Resources, Inc. (NYSE:EOG) earned “Buy” rating by Piper Jaffray on Tuesday, January 9. On Tuesday, March 29 the stock rating was maintained by Deutsche Bank with “Buy”. The company was maintained on Wednesday, May 10 by Barclays Capital.

Investors sentiment decreased to 0.88 in 2018 Q1. Its down 0.09, from 0.97 in 2017Q4. It fall, as 62 investors sold EOG shares while 345 reduced holdings. 96 funds opened positions while 261 raised stakes. 478.95 million shares or 0.35% more from 477.30 million shares in 2017Q4 were reported. Miller Howard Invests New York owns 3,134 shares. Atlanta L L C accumulated 10,416 shares or 0.01% of the stock. San Francisco Sentry Group (Ca) reported 2,285 shares. Stifel Corp holds 297,851 shares. Johnson Fincl reported 2,909 shares. Vantage Advsrs Ltd Liability reported 0.01% of its portfolio in EOG Resources, Inc. (NYSE:EOG). 66,976 are owned by Aqr Capital Management Limited. Pinnacle Hldg Ltd holds 0% in EOG Resources, Inc. (NYSE:EOG) or 250 shares. Kentucky Retirement Systems Insurance Tru Fund holds 13,247 shares. State Bank Of America De has 0.08% invested in EOG Resources, Inc. (NYSE:EOG) for 4.65M shares. New York-based Loews has invested 0% in EOG Resources, Inc. (NYSE:EOG). Primecap Mgmt Co Ca reported 0.17% in EOG Resources, Inc. (NYSE:EOG). Vigilant Management Lc holds 1.81% of its portfolio in EOG Resources, Inc. (NYSE:EOG) for 120,741 shares. Canada Pension Plan Investment Board invested in 736,724 shares. Greenleaf Tru holds 13,655 shares.

CenterPoint Energy, Inc. (NYSE:CNP) Institutional Positions Chart

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