Olin (OLN) Holder Broadview Advisors Has Increased Stake; Enlink Midstream (ENLC) Position Has Lifted by Rr Advisors Llc

August 10, 2018 - By Palma Niemeyer

EnLink Midstream, LLC (NYSE:ENLC) Logo

Rr Advisors Llc increased its stake in Enlink Midstream Llc (ENLC) by 13.84% based on its latest 2018Q1 regulatory filing with the SEC. Rr Advisors Llc bought 277,000 shares as the company’s stock rose 7.72% while stock markets declined. The institutional investor held 2.28M shares of the public utilities company at the end of 2018Q1, valued at $33.38 million, up from 2.00M at the end of the previous reported quarter. Rr Advisors Llc who had been investing in Enlink Midstream Llc for a number of months, seems to be bullish on the $3.13 billion market cap company. The stock increased 0.58% or $0.1 during the last trading session, reaching $17.3. About 15,012 shares traded. EnLink Midstream, LLC (NYSE:ENLC) has declined 4.71% since August 10, 2017 and is downtrending. It has underperformed by 17.28% the S&P500. Some Historical ENLC News: 16/05/2018 – Moody’s Affirms Devon Energy And Enlink At Ba1; 19/03/2018 EnLink Midstream Expects No Impact to Financial Results Related to Revised FERC Policy; 16/05/2018 – Report: Developing Opportunities within Pacific Premier, EnLink Midstream, CENTENNIAL RES, Navistar International, National Fue; 28/03/2018 – EnLink Midstream to Participate in Investor Conferences; 15/05/2018 – EnLink Midstream LLC Closes Below 200-Day Average: Technicals; 02/04/2018 – EnLink Midstream LLC at Deutsche Bank Energy Bus Tour Apr 4; 08/05/2018 – EnLink Midstream LLC at Deutsche Bank Conference Tomorrow; 01/05/2018 – Enlink Midstream 1Q EPS 6c; 29/03/2018 – EnLink Midstream LLC Presenting at Mizuho Energy Summit Apr 9; 19/04/2018 – DJ EnLink Midstream LLC, Inst Holders, 1Q 2018 (ENLC)

Broadview Advisors Llc increased its stake in Olin Corp (OLN) by 14.3% based on its latest 2018Q1 regulatory filing with the SEC. Broadview Advisors Llc bought 25,225 shares as the company’s stock rose 0.66% while stock markets declined. The institutional investor held 201,600 shares of the major chemicals company at the end of 2018Q1, valued at $6.13M, up from 176,375 at the end of the previous reported quarter. Broadview Advisors Llc who had been investing in Olin Corp for a number of months, seems to be bullish on the $4.95 billion market cap company. The stock decreased 2.20% or $0.67 during the last trading session, reaching $29.66. About 27,382 shares traded. Olin Corporation (NYSE:OLN) has risen 10.00% since August 10, 2017 and is uptrending. It has underperformed by 2.57% the S&P500. Some Historical OLN News: 20/04/2018 – Olin at Goldman Sachs Basic Materials Conference May 15; 23/04/2018 – S&PGR Upgrades Olin To ‘BB+’; Outlook Stable; Debt Rtgs Raised; 22/05/2018 – REG-Aktia Bank plc: Managers’ transactions — Sam Olin- as part of the share-based incentive scheme; 30/04/2018 – Olin Presenting at KeyCorp Conference May 30; 12/04/2018 – Olin Presenting at Wells Fargo Industrials Conference May 8; 01/05/2018 – Olin Corp 1Q EPS 12c; 01/05/2018 – OLIN 1Q ADJ OPER EPS 12C, EST. 20C; 14/05/2018 – King Street Capital Mgmt LLC Exits Position in Olin; 16/03/2018 JKLU Working With World’s Most Innovative College, Olin College of Engineering, to Transform its Programmes; 25/04/2018 – Olin Announces William Weideman as New Lead Director of Board

More important recent EnLink Midstream, LLC (NYSE:ENLC) news were published by: Fool.com which released: “Costs Cut Into Devon Energy Corp’s Q2 Results” on August 01, 2018, also Seekingalpha.com published article titled: “MLP Monthly Report: July 2018”, Seekingalpha.com published: “According To ETP CEO, Running Pipelines Is Easy” on August 05, 2018. More interesting news about EnLink Midstream, LLC (NYSE:ENLC) was released by: Prnewswire.com and their article: “EnLink Midstream Reports Second Quarter 2018 Results and Increases 2018 Guidance” with publication date: July 31, 2018.

Among 21 analysts covering EnLink Midstream LLC (NYSE:ENLC), 4 have Buy rating, 3 Sell and 14 Hold. Therefore 19% are positive. EnLink Midstream LLC had 77 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by UBS on Friday, March 2 with “Buy”. As per Tuesday, March 27, the company rating was maintained by Bank of America. Wunderlich downgraded EnLink Midstream, LLC (NYSE:ENLC) rating on Thursday, February 18. Wunderlich has “Hold” rating and $8 target. As per Tuesday, January 16, the company rating was maintained by RBC Capital Markets. The stock of EnLink Midstream, LLC (NYSE:ENLC) has “Buy” rating given on Tuesday, October 24 by UBS. The stock of EnLink Midstream, LLC (NYSE:ENLC) has “Overweight” rating given on Thursday, September 24 by Barclays Capital. The stock has “Neutral” rating by Piper Jaffray on Friday, April 1. RBC Capital Markets maintained it with “Sector Perform” rating and $19.0 target in Friday, September 2 report. The rating was maintained by Bank of America with “Neutral” on Thursday, February 22. The stock of EnLink Midstream, LLC (NYSE:ENLC) earned “Overweight” rating by Simmons & Co on Thursday, August 27.

Rr Advisors Llc, which manages about $1.13 billion and $960.39 million US Long portfolio, decreased its stake in Mv Oil Trust (Call) by 1,000 shares to 8,000 shares, valued at $6.68 million in 2018Q1, according to the filing. It also reduced its holding in Enlink Midstream Partners Lp (NYSE:ENLK) by 251,000 shares in the quarter, leaving it with 2.12M shares, and cut its stake in Tallgrass Energy Partners Lp (NYSE:TEP).

Among 16 analysts covering Olin Corporation (NYSE:OLN), 11 have Buy rating, 0 Sell and 5 Hold. Therefore 69% are positive. Olin Corporation had 55 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Olin Corporation (NYSE:OLN) earned “Buy” rating by Susquehanna on Thursday, February 8. The stock of Olin Corporation (NYSE:OLN) has “Buy” rating given on Monday, February 12 by SunTrust. The rating was maintained by SunTrust with “Buy” on Wednesday, November 1. The stock of Olin Corporation (NYSE:OLN) earned “Positive” rating by Susquehanna on Thursday, August 2. The rating was maintained by RBC Capital Markets on Tuesday, June 20 with “Buy”. The stock of Olin Corporation (NYSE:OLN) earned “Underperform” rating by Longbow on Wednesday, September 7. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, July 22 report. The firm earned “Neutral” rating on Thursday, February 2 by Monness Crespi & Hardt. The stock of Olin Corporation (NYSE:OLN) earned “Positive” rating by Susquehanna on Thursday, August 6. Cowen & Co maintained it with “Outperform” rating and $29 target in Friday, July 29 report.

Investors sentiment decreased to 1.09 in 2018 Q1. Its down 0.20, from 1.29 in 2017Q4. It dropped, as 45 investors sold OLN shares while 83 reduced holdings. 45 funds opened positions while 95 raised stakes. 138.66 million shares or 4.22% less from 144.77 million shares in 2017Q4 were reported. Advantus Cap Management Incorporated reported 0.02% stake. Moreover, Thrivent For Lutherans has 0% invested in Olin Corporation (NYSE:OLN). Louisiana State Employees Retirement, a Louisiana-based fund reported 43,900 shares. Huntington Fincl Bank stated it has 0% of its portfolio in Olin Corporation (NYSE:OLN). First Eagle Investment Mgmt Llc has invested 0.13% in Olin Corporation (NYSE:OLN). Mason Street Advisors Limited Liability Com holds 0.06% of its portfolio in Olin Corporation (NYSE:OLN) for 83,928 shares. Asset has 16,512 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 0% or 10,765 shares. Adage Cap Prtn Group Incorporated Limited Liability Co reported 7.46 million shares or 0.53% of all its holdings. Oarsman Incorporated has 1.7% invested in Olin Corporation (NYSE:OLN) for 122,648 shares. Brown Advisory Secs accumulated 16,377 shares. Verition Fund Mgmt Limited Liability Company, a Connecticut-based fund reported 39,813 shares. Victory Cap Mngmt Inc owns 313,320 shares. Raymond James Fincl Svcs Advsrs stated it has 0% in Olin Corporation (NYSE:OLN). Balyasny Asset Mgmt Ltd Liability Com accumulated 114,499 shares.

Broadview Advisors Llc, which manages about $1.12 billion and $609.80M US Long portfolio, decreased its stake in Crane Co (NYSE:CR) by 56,650 shares to 68,700 shares, valued at $6.37 million in 2018Q1, according to the filing. It also reduced its holding in Freshpet Inc (NASDAQ:FRPT) by 99,367 shares in the quarter, leaving it with 511,525 shares, and cut its stake in Kraton Corporation (NYSE:KRA).

Olin Corporation (NYSE:OLN) Institutional Positions Chart

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