Sawgrass Asset Management Trimmed Its Position in Asbury Automotive Gp Com (ABG) as Market Valuation Declined; Richmond Hill Investments Raised Position in Kinder Morgan Del (KMI)

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Richmond Hill Investments Llc increased its stake in Kinder Morgan Inc Del (KMI) by 25.63% based on its latest 2018Q4 regulatory filing with the SEC. Richmond Hill Investments Llc bought 311,725 shares as the company’s stock rose 17.73% with the market. The hedge fund held 1.53M shares of the public utilities company at the end of 2018Q4, valued at $23.50 million, up from 1.22M at the end of the previous reported quarter. Richmond Hill Investments Llc who had been investing in Kinder Morgan Inc Del for a number of months, seems to be bullish on the $45.23B market cap company. It closed at $19.98 lastly. It is down 22.46% since March 15, 2018 and is uptrending. It has outperformed by 18.09% the S&P500. Some Historical KMI News: 10/04/2018 – Investors back Kinder Morgan Canada’s Trans Mountain move; 18/04/2018 – BRITISH COLUMBIA AG SAYS GOVT. WILL BE FILING REFERENCE CASE ON JURISDICTION REGARDING KINDER MORGAN CANADA’S TRANS MOUNTAIN EXPANSION WITHIN 10 WORKING DAYS; 12/04/2018 – Canada’s Trudeau to meet premiers on pipeline strife; 18/04/2018 – KINDER MORGAN INC – NOW FORECASTS TO INVEST $2.3 BLN IN GROWTH PROJECTS DURING 2018; 29/05/2018 – KINDER MORGAN – GOVERNMENT OF CANADA AGREED TO FUND RESUMPTION OF TMEP PLANNING & CONSTRUCTION WORK BY GUARANTEEING TMEP’S ADVANCES; 15/03/2018 – Kinder Morgan Statement on Federal Energy Regulatory Commission Notice of Proposed Rulemaking on the Tax Cuts and Jobs Act; 16/05/2018 – Canada: Ready to Compensate Kinder Morgan for Trans Mountain Losses Tied to ‘Politically-Motivated’ Delays; 29/05/2018 – Kinder Morgan Could Use Cash Windfall to Buy Midstream Assets; 12/04/2018 – The Vancouver Sun: BREAKING: PM Justin Trudeau to meet with B.C. Premier John Horgan and Alberta Premier Rachel Notley Sunday; 18/04/2018 – KINDER MORGAN – FOR FORESEEABLE FUTURE, EXPECT TO CONTINUE FUNDING ALL GROWTH CAPITAL THROUGH OPERATING CASH FLOWS

Sawgrass Asset Management Llc decreased its stake in Asbury Automotive Gp Com (ABG) by 67.17% based on its latest 2018Q4 regulatory filing with the SEC. Sawgrass Asset Management Llc sold 17,105 shares as the company’s stock declined 2.94% while stock markets rallied. The institutional investor held 8,360 shares of the automotive aftermarket company at the end of 2018Q4, valued at $557,000, down from 25,465 at the end of the previous reported quarter. Sawgrass Asset Management Llc who had been investing in Asbury Automotive Gp Com for a number of months, seems to be less bullish one the $1.32B market cap company. The stock decreased 1.67% or $1.15 during the last trading session, reaching $67.85. About 83,488 shares traded. Asbury Automotive Group, Inc. (NYSE:ABG) has risen 5.87% since March 15, 2018 and is uptrending. It has outperformed by 1.50% the S&P500. Some Historical ABG News: 20/04/2018 – Asbury Park Games Chooses SweatWorks’ Conquest Events for the Second Straight Year!; 19/03/2018 – TripleCare Launches Telemedicine Services at Asbury Communities; 16/04/2018 – Asbury Auto May Benefit, Industry Sales Post 13th Straight Gain; 24/04/2018 – ASBURY AUTOMOTIVE GROUP INC QTRLY NEW VEHICLE REVENUE $857.1 MLN VS $832.5 MLN; 24/04/2018 – ASBURY AUTO 1Q REV. $1.61B, EST. $1.58B; 15/03/2018 – Abrams Capital Management, L.P., Affiliates Report Stake In Asbury Automotive; 06/03/2018 New Jersey Drug Treatment Centers Directory Expansion Continues With Asbury Park; 24/04/2018 – Asbury Automotive 1Q Net $40.1M; 24/04/2018 – ASBURY AUTOMOTIVE 1Q ADJ. EPS $1.93, EST. $1.80; 12/03/2018 – Asbury Auto Closes Below 50-Day Moving Average: Technicals

Investors sentiment decreased to 1.09 in 2018 Q4. Its down 0.13, from 1.22 in 2018Q3. It is negative, as 65 investors sold KMI shares while 298 reduced holdings. 111 funds opened positions while 286 raised stakes. 1.35 billion shares or 5.34% more from 1.28 billion shares in 2018Q3 were reported. Wunderlich Cap Managemnt invested 1.38% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI). Front Barnett Assoc Limited Com reported 17,571 shares. Woodstock holds 0.09% in Kinder Morgan, Inc. (NYSE:KMI) or 27,962 shares. Css Limited Liability Company Il reported 0.02% stake. Amg Funds Lc reported 0.95% stake. Cullen Frost Bankers holds 113,496 shares. Moreover, Hudock Lc has 0.03% invested in Kinder Morgan, Inc. (NYSE:KMI) for 4,263 shares. Mason Street Advisors invested in 0.1% or 267,596 shares. Heritage Wealth Advsr owns 943 shares for 0% of their portfolio. Texas Permanent School Fund holds 0.1% or 381,766 shares in its portfolio. Meritage Management holds 0.47% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI) for 267,043 shares. Public Employees Retirement Sys Of Ohio stated it has 0.11% of its portfolio in Kinder Morgan, Inc. (NYSE:KMI). Checchi Capital Advisers Limited Co invested in 12,784 shares or 0.03% of the stock. Ftb Advsr Inc invested 0.22% in Kinder Morgan, Inc. (NYSE:KMI). Stelac Advisory Services Ltd Co has invested 0.18% in Kinder Morgan, Inc. (NYSE:KMI).

More notable recent Kinder Morgan, Inc. (NYSE:KMI) news were published by: 247Wallst.com which released: “Why 3 Major Energy Companies Should Be Huge LNG Winners – 24/7 Wall St.” on March 05, 2019, also Seekingalpha.com with their article: “U.S. LNG Exports: The Who, What, Where Of Projects And Why China Relations Matter – Seeking Alpha” published on March 13, 2019, Fool.com published: “Better Buy: Kinder Morgan, Inc. vs. Enterprise Products Partners L.P. – Motley Fool” on February 15, 2019. More interesting news about Kinder Morgan, Inc. (NYSE:KMI) were released by: Fool.com and their article: “Why Kinder Morgan Believes It’s a One-of-a-Kind Investment Opportunity – Motley Fool” published on March 12, 2019 as well as Nasdaq.com‘s news article titled: “3 Top Stocks Under $20 – Nasdaq” with publication date: February 19, 2019.

Richmond Hill Investments Llc, which manages about $746.91M and $158.72M US Long portfolio, decreased its stake in Advance Auto Parts Inc (NYSE:AAP) by 50,350 shares to 88,944 shares, valued at $14.01M in 2018Q4, according to the filing.

Analysts await Asbury Automotive Group, Inc. (NYSE:ABG) to report earnings on April, 23. They expect $1.96 earnings per share, up 1.55% or $0.03 from last year’s $1.93 per share. ABG’s profit will be $38.22 million for 8.65 P/E if the $1.96 EPS becomes a reality. After $2.20 actual earnings per share reported by Asbury Automotive Group, Inc. for the previous quarter, Wall Street now forecasts -10.91% negative EPS growth.

Since February 12, 2019, it had 0 insider buys, and 2 sales for $1.07 million activity.

Sawgrass Asset Management Llc, which manages about $3.30 billion and $1.98 billion US Long portfolio, upped its stake in Abbott Labs Com (NYSE:ABT) by 36,629 shares to 560,746 shares, valued at $40.56M in 2018Q4, according to the filing. It also increased its holding in Ciena Corp Com (NYSE:CIEN) by 24,975 shares in the quarter, for a total of 35,265 shares, and has risen its stake in Emergent Biosolutn Inc Com (NYSE:EBS).

Kinder Morgan, Inc. (NYSE:KMI) Institutional Positions Chart