Steinberg Asset Management Lifted Its Armstrong World Inds New (AWI) Holding by $439,740; Semgroup Cl A (SEMG) Position Held by Chickasaw Capital Management Llc

SemGroup Corporation (NYSE:SEMG) Logo

Steinberg Asset Management Llc increased its stake in Armstrong World Inds Inc New (AWI) by 47.1% based on its latest 2018Q2 regulatory filing with the SEC. Steinberg Asset Management Llc bought 6,980 shares as the company’s stock rose 13.61% with the market. The hedge fund held 21,800 shares of the plastic products company at the end of 2018Q2, valued at $1.38M, up from 14,820 at the end of the previous reported quarter. Steinberg Asset Management Llc who had been investing in Armstrong World Inds Inc New for a number of months, seems to be bullish on the $3.27 billion market cap company. The stock decreased 0.90% or $0.6 during the last trading session, reaching $65.89. About 466,662 shares traded. Armstrong World Industries, Inc. (NYSE:AWI) has risen 47.95% since November 19, 2017 and is uptrending. It has outperformed by 32.33% the S&P500.

Chickasaw Capital Management Llc increased its stake in Semgroup Corp Cl A (SEMG) by 4.22% based on its latest 2018Q2 regulatory filing with the SEC. Chickasaw Capital Management Llc bought 361,462 shares as the company’s stock declined 3.02% while stock markets rallied. The hedge fund held 8.92M shares of the oilfield services and equipment company at the end of 2018Q2, valued at $226.57M, up from 8.56 million at the end of the previous reported quarter. Chickasaw Capital Management Llc who had been investing in Semgroup Corp Cl A for a number of months, seems to be bullish on the $1.30B market cap company. The stock decreased 2.08% or $0.35 during the last trading session, reaching $16.46. About 1.04 million shares traded or 40.30% up from the average. SemGroup Corporation (NYSE:SEMG) has declined 9.93% since November 19, 2017 and is downtrending. It has underperformed by 25.55% the S&P500. Some Historical SEMG News: 08/05/2018 – SEMGROUP CORP SEMG.N – SEMGROUP IS AFFIRMING ITS INITIAL FINANCIAL GUIDANCE; 30/04/2018 – Spirit of America Energy Exits SemGroup; 15/05/2018 – Tortoise Capital Advisors Exits Position in SemGroup; 24/05/2018 – SemGroup and DCP Midstream Announce Open Season on Existing Capacity of NGL Pipeline Connecting DJ Basin to Mont Belvieu; 07/03/2018 SemGroup Corporation to Participate in Upcoming Energy Conferences; 15/03/2018 – SemGroup Corporation Does Not Expect Any Impact from FERC Revised Policy Statement; 07/05/2018 – SEMGROUP CORP – SEMGROUP ANTICIPATES MINIMAL SPENDING ON THIS PROJECT IN 2018; 24/05/2018 – SEMGROUP, DCP MIDSTREAM REPORT OPEN SEASON ON EXISTING CAPACITY; 07/05/2018 – SEMGROUP CORP – SEMGROUP OWNS 51 PERCENT OF WHITE CLIFFS PIPELINE AND IS OPERATOR; 24/05/2018 – SEMGROUP, DCP CITE DJ BASIN TO MONT BELVIEU NGL PIPELINE

More notable recent SemGroup Corporation (NYSE:SEMG) news were published by: Globenewswire.com which released: “SemGroup Reports Financial Results for Third Quarter 2018” on November 07, 2018, also Seekingalpha.com with their article: “SemGroup Corporation 2018 Q3 – Results – Earnings Call Slides” published on November 08, 2018, Globenewswire.com published: “SemGroup Declares Quarterly Dividend” on October 31, 2018. More interesting news about SemGroup Corporation (NYSE:SEMG) were released by: Seekingalpha.com and their article: “SemGroup Corporation (SEMG) CEO Carlin Conner on Q3 2018 Results – Earnings Call Transcript” published on November 10, 2018 as well as Globenewswire.com‘s news article titled: “SemGroup Completes $350 Million Transaction, Executing Balance Sheet Leverage Goals” with publication date: October 22, 2018.

Investors sentiment increased to 1.28 in Q2 2018. Its up 0.13, from 1.15 in 2018Q1. It improved, as 16 investors sold SEMG shares while 42 reduced holdings. 23 funds opened positions while 51 raised stakes. 79.92 million shares or 1.76% less from 81.36 million shares in 2018Q1 were reported. The New York-based New York State Common Retirement Fund has invested 0% in SemGroup Corporation (NYSE:SEMG). Invesco Ltd has 194,232 shares for 0% of their portfolio. Chickasaw Cap Mgmt Lc stated it has 8.92 million shares. Royal Fincl Bank Of Canada invested in 25,419 shares. Parametric Portfolio Associates accumulated 226,450 shares. Amalgamated Bancshares accumulated 10,796 shares. Legal General Gp Public Ltd holds 0% or 112,580 shares in its portfolio. California Employees Retirement System reported 80,500 shares or 0% of all its holdings. First Republic Inv holds 0% or 20,177 shares in its portfolio. Pnc Financial Gp has 4,803 shares. Dimensional Fund Advsrs Lp holds 0.06% of its portfolio in SemGroup Corporation (NYSE:SEMG) for 6.28M shares. Voya Invest Mgmt Llc owns 30,278 shares. Credit Suisse Ag holds 0% or 83,114 shares. Proshare Advsrs Ltd Co owns 14,151 shares or 0% of their US portfolio. Moreover, Viking Fund Management Ltd Liability has 1.72% invested in SemGroup Corporation (NYSE:SEMG) for 353,000 shares.

Chickasaw Capital Management Llc, which manages about $1.93 billion and $4.75B US Long portfolio, decreased its stake in Bp Midstream Partners Lp Ltd P by 55,311 shares to 5.04M shares, valued at $105.82 million in 2018Q2, according to the filing. It also reduced its holding in Targa Resources Corp (NYSE:TRGP) by 367,185 shares in the quarter, leaving it with 7.76 million shares, and cut its stake in Intel Corp (NASDAQ:INTC).

Among 13 analysts covering SemGroup (NYSE:SEMG), 5 have Buy rating, 1 Sell and 7 Hold. Therefore 38% are positive. SemGroup had 45 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, January 16. SunTrust maintained it with “Buy” rating and $36.0 target in Thursday, November 9 report. The firm has “Equal-Weight” rating by Capital One given on Friday, June 22. Barclays Capital maintained the stock with “Hold” rating in Wednesday, November 29 report. Barclays Capital upgraded the shares of SEMG in report on Tuesday, June 13 to “Overweight” rating. The rating was maintained by RBC Capital Markets on Sunday, October 1 with “Buy”. The rating was initiated by Citigroup with “Neutral” on Thursday, November 3. RBC Capital Markets maintained the shares of SEMG in report on Sunday, November 5 with “Buy” rating. The firm has “Outperform” rating given on Thursday, September 10 by Raymond James. Barclays Capital reinitiated it with “Equal Weight” rating and $43 target in Tuesday, February 21 report.

Investors sentiment increased to 1.2 in Q2 2018. Its up 0.30, from 0.9 in 2018Q1. It increased, as 20 investors sold AWI shares while 56 reduced holdings. 31 funds opened positions while 60 raised stakes. 51.12 million shares or 3.33% less from 52.88 million shares in 2018Q1 were reported. Counselors Of Maryland Ltd Com has invested 1.37% in Armstrong World Industries, Inc. (NYSE:AWI). Highvista Strategies Limited Liability Co holds 0.13% or 4,500 shares in its portfolio. Sei Invs Comm invested in 0.04% or 182,704 shares. Marble Arch Invests Limited Partnership stated it has 2% in Armstrong World Industries, Inc. (NYSE:AWI). Canada Pension Plan Investment Board stated it has 0.04% in Armstrong World Industries, Inc. (NYSE:AWI). Emerald Advisers Pa owns 4,295 shares. London Co Of Virginia owns 1.95 million shares. Clough Prns LP reported 0.05% stake. Hightower Advsrs Ltd Liability Company stated it has 18,074 shares. Cantillon Capital Ltd Llc owns 1.15 million shares. Colorado-based Icon Advisers Company has invested 0.06% in Armstrong World Industries, Inc. (NYSE:AWI). Ny State Teachers Retirement Sys reported 3,900 shares. Valueact LP has 3.92% invested in Armstrong World Industries, Inc. (NYSE:AWI). Jpmorgan Chase & owns 3,177 shares. 207 are owned by Covington Mgmt.

Steinberg Asset Management Llc, which manages about $2.04B and $194.40 million US Long portfolio, decreased its stake in Flex Ltd (NASDAQ:FLEX) by 43,525 shares to 515,100 shares, valued at $7.27 million in 2018Q2, according to the filing. It also reduced its holding in Hca Healthcare Inc (NYSE:HCA) by 7,600 shares in the quarter, leaving it with 29,758 shares, and cut its stake in Thermo Fisher Scientific Inc (NYSE:TMO).

Among 17 analysts covering Armstrong World Industries (NYSE:AWI), 6 have Buy rating, 3 Sell and 8 Hold. Therefore 35% are positive. Armstrong World Industries had 40 analyst reports since July 31, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of AWI in report on Monday, October 9 with “Hold” rating. The rating was maintained by RBC Capital Markets with “Sector Perform” on Tuesday, November 1. The stock of Armstrong World Industries, Inc. (NYSE:AWI) earned “Neutral” rating by Macquarie Research on Friday, December 16. SunTrust maintained the stock with “Buy” rating in Monday, February 26 report. The firm earned “Neutral” rating on Wednesday, April 4 by Goldman Sachs. The stock has “Hold” rating by RBC Capital Markets on Monday, July 17. The firm earned “Overweight” rating on Friday, August 5 by KeyBanc Capital Markets. The firm has “Hold” rating by Jefferies given on Tuesday, December 12. The company was initiated on Friday, September 23 by Bank of America. The company was maintained on Thursday, June 15 by RBC Capital Markets.

SemGroup Corporation (NYSE:SEMG) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.