Mplx LP (MPLX) Shareholder Alps Advisors INC Increased Stake by $19.56 Million as Shares Declined

April 17, 2018 - By Russell Jones

Big Money Sentiment decreased to 0.82 in Q4 2017. It has change of 0.22, from 2017Q3’s 1.04. The ratio fall due to MPLX positioning: 32 sold and 89 reduced. 26 funds took positions and 73 increased positions. Investors holded 258.81 million in 2017Q3 but now own 250.53 million shares or 3.20% less. Kayne Anderson Advsr Lp reported 10.77M shs stake. Fort Washington Incorporated Oh stated it has 523,764 shs. Estabrook Cap invested in 1,136 shs. Linscomb And Williams Inc, Texas-based fund reported 13,575 shs. Advantus Management has invested 0.11% of its capital in MPLX LP (NYSE:MPLX). Hall Laurie J Trustee holds 0.02% or 1,100 shs in its capital. American Century Companies Inc, Missouri-based fund reported 5,744 shs. First Manhattan invested in 2,436 shs or 0% of the stock. Nbw Cap Ltd Liability reported 2.02% stake. 1.04 million are owned by Jennison Assocs Ltd Liability Co. Jet Limited Partnership has invested 0.1% in MPLX LP (NYSE:MPLX). Parkside Natl Bank & Tru has 0.6% invested in MPLX LP (NYSE:MPLX) for 46,258 shs. Michigan-based Comerica has invested 0.03% in MPLX LP (NYSE:MPLX). Delta Asset Mngmt Ltd Liability Tn owns 543 shs. Cwm Limited Liability Corp holds 775 shs or 0% of its capital.

MPLX registered $74,000 net activity with 0 insider buys and 1 insider sale since December 11, 2017.

The holdings In Mplx Lp (MPLX) was rose held by Alps Advisors Inc. According to 2017Q4 SEC filling the reduction is 2.38%. The company’s stock declined 8.11% with the market as Alps Advisors Inc bought 558,887 shares. The natural gas distribution company at the end of 2017Q4 was priced at $851.09M. It’s up from 23.44M at the end of the previous reported quarter. Now it had 23.99 million shares held by the institutional investor . Mplx Lp has $27.16 billion market cap. Its shares touched $33.76 on during the last trading session after 4.13% change.MPLX LP is downtrending after having declined 6.29% since April 17, 2017. MPLX has 2.51M volume or 26.66% up from normal. MPLX underperformed by 17.84% the S&P500.

The Alps Advisors Inc’s stake in New Gold Inc (NYSEMKT:NGD) was reduced by 1.10 million shares to 2.51M shares valued at $8.27 million in 2017Q4, according to the filing. It manages about $13.32 billion and $14.44 billion US Long portfolio. Alps Advisors Inc has cut its stake in People’s United Financial Inc (NASDAQ:PBCT) and also reduced its holding in Altria Group Inc (NYSE:MO) by 57,530 shares in the quarter, for a total of 679,154 shares.

MPLX LP (NYSE:MPLX) Ratings Coverage

Total analysts of 11 have positions in MPLX LP (NYSE:MPLX) as follows: 9 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 82%. The firm has $46.0 highest while $4100 is the lowest [Target]. The average target $42.89 is 27.04% above the last ($33.76) price. Since October 26, 2017 according to StockzIntelligence Inc MPLX LP has 16 analyst reports. On Tuesday, January 16 the firm has “Buy” rating given by RBC Capital Markets. On Friday, March 23 the stock of MPLX LP (NYSE:MPLX) has “Overweight” rating given by Morgan Stanley. On Friday, February 2 the rating was initiated by Citigroup with “Buy”. On Friday, February 2 Mizuho maintained the shares of MPLX in report with “Buy” rating. On Monday, December 18 the stock of MPLX LP (NYSE:MPLX) has “Hold” rating given by Guggenheim. The stock rating was maintained by Stifel Nicolaus with “Buy” on Thursday, October 26. The company rating was maintained by UBS on Friday, October 27. On Thursday, February 1 Stifel Nicolaus maintained the shares of MPLX in report with “Buy” rating. The stock rating was downgraded by Jefferies to “Hold” on Monday, February 5. On Monday, April 16 the firm earned “Buy” rating by Guggenheim.

MPLX LP (NYSE:MPLX) Institutional Investors Chart

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