Stockbridge Partners LLC Position In Mplx LP (MPLX) Was Has Lifted

May 14, 2018 - By Bradley Stiles

Investors sentiment decreased to 0.82 in 2017 Q4. Its down 0.22, from 1.04 in 2017Q3. It dived, as 32 investors sold MPLX shares while 89 reduced holdings. 26 funds opened positions while 73 raised stakes. 250.53 million shares or 3.20% less from 258.81 million shares in 2017Q3 were reported. Catalyst Capital Advsr Ltd Limited Liability Company stated it has 0.01% of its portfolio in MPLX LP (NYSE:MPLX). Karpas Strategies Limited Company reported 41,871 shares stake. Naples Limited owns 10,300 shares for 0.11% of their portfolio. 17.71 million were accumulated by Goldman Sachs Group Inc. The Florida-based Raymond James & Assoc has invested 0.03% in MPLX LP (NYSE:MPLX). California Pub Employees Retirement Sys holds 0.03% or 549,653 shares. Salient Trust Co Lta has invested 0.09% in MPLX LP (NYSE:MPLX). Green Square Limited Liability reported 0.16% of its portfolio in MPLX LP (NYSE:MPLX). Invesco invested in 0% or 237,894 shares. Avenir Corporation invested in 0.86% or 261,567 shares. Comerica Retail Bank stated it has 0% of its portfolio in MPLX LP (NYSE:MPLX). Ftb Advisors holds 0.01% or 2,113 shares. Brown Advisory owns 8,380 shares. Eagle Glob Advsrs Limited Liability Com has 1.82M shares. Texas-based King Luther Capital Mngmt has invested 0% in MPLX LP (NYSE:MPLX).

Since December 11, 2017, it had 0 insider purchases, and 1 sale for $74,000 activity.

Sharlyn C. Heslam increased its stake in Mplx Lp (MPLX) by 3.96% based on its latest 2017Q4 regulatory filing with the SEC. Stockbridge Partners Llc bought 217,798 shares as the company’s stock declined 8.11% with the market. The hedge fund run by Sharlyn C. Heslam held 5.72 million shares of the natural gas distribution company at the end of 2017Q4, valued at $202.72M, up from 5.50M at the end of the previous reported quarter. Stockbridge Partners Llc who had been investing in Mplx Lp for a number of months, seems to be bullish on the $27.40 billion market cap company. The stock decreased 0.35% or $0.12 during the last trading session, reaching $34.51. About 885,557 shares traded. MPLX LP (NYSE:MPLX) has declined 6.29% since May 14, 2017 and is downtrending. It has underperformed by 17.84% the S&P500.

Stockbridge Partners Llc, which manages about $1.82 billion and $2.13B US Long portfolio, decreased its stake in Sba Communications Corp New by 57,464 shares to 1.09 million shares, valued at $178.60M in 2017Q4, according to the filing. It also reduced its holding in Charter Communications Inc N by 28,154 shares in the quarter, leaving it with 430,828 shares, and cut its stake in Realpage Inc (NASDAQ:RP).

More recent MPLX LP (NYSE:MPLX) news were published by: Seekingalpha.com which released: “MPLX’s (MPLX) CEO Gary Heminger on Q1 2018 Results – Earnings Call Transcript” on April 30, 2018. Also Fool.com published the news titled: “A New Question Now Hovers Over MPLX’s Earnings” on May 08, 2018. Seekingalpha.com‘s news article titled: “Wally And The Beaver In MLP Land” with publication date: April 22, 2018 was also an interesting one.

MPLX LP (NYSE:MPLX) Ratings Coverage

Among 11 analysts covering MPLX LP (NYSE:MPLX), 9 have Buy rating, 0 Sell and 2 Hold. Therefore 82% are positive. MPLX LP had 18 analyst reports since December 1, 2017 according to SRatingsIntel. As per Wednesday, January 17, the company rating was downgraded by Barclays Capital. The rating was maintained by Barclays Capital with “Equal-Weight” on Tuesday, April 17. The stock of MPLX LP (NYSE:MPLX) has “Overweight” rating given on Friday, March 23 by Morgan Stanley. The firm has “Hold” rating by Guggenheim given on Monday, December 18. The stock of MPLX LP (NYSE:MPLX) earned “Hold” rating by Jefferies on Tuesday, April 24. The firm has “Buy” rating given on Wednesday, April 11 by Mizuho. On Tuesday, May 1 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm has “Buy” rating given on Thursday, February 1 by Stifel Nicolaus. The firm has “Buy” rating given on Monday, April 16 by Guggenheim. The rating was downgraded by Jefferies to “Hold” on Monday, February 5.

MPLX LP (NYSE:MPLX) Institutional Positions Chart

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