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Waterstone Capital Management LP Raised Holding in Essent Group LTD (ESNT) as Share Value Rose; Western Gas Partners LP Com Unit LP In (WES) Holder Summit Equities Decreased Stake as Stock Value Declined

Western Gas Partners, LP (NYSE:WES) Logo

Waterstone Capital Management Lp increased its stake in Essent Group Ltd (ESNT) by 13.89% based on its latest 2018Q2 regulatory filing with the SEC. Waterstone Capital Management Lp bought 15,000 shares as the company’s stock rose 21.87% with the market. The hedge fund held 123,000 shares of the property-casualty insurers company at the end of 2018Q2, valued at $4.41 million, up from 108,000 at the end of the previous reported quarter. Waterstone Capital Management Lp who had been investing in Essent Group Ltd for a number of months, seems to be bullish on the $3.57B market cap company. The stock decreased 6.68% or $2.6 during the last trading session, reaching $36.34. About 671,079 shares traded or 11.86% up from the average. Essent Group Ltd. (NYSE:ESNT) has risen 15.15% since December 5, 2017 and is uptrending. It has underperformed by 0.47% the S&P500. Some Historical ESNT News: 23/03/2018 – Essent Closes Below 200-Day Moving Average: Technicals; 04/05/2018 – ESSENT 1Q EPS $1.13, EST. $1.05; 12/03/2018 – Essent Closes Below 50-Day Moving Average: Technicals; 04/05/2018 – Essent Group 1Q Rev $167.5M; 23/03/2018 – Essent Group Closes $424.4M Reinsurance Transaction and Related Mortgage Insurance-Linked Notes Offering; 04/05/2018 – Essent Group 1Q Net $111.1M; 15/03/2018 – ESSENT GROUP LTD. ANNOUNCES PRICING OF MORTGAGE INSURANCE-LINKED NOTES; 07/05/2018 – ESSENT GROUP – ON MAY 2, CO, BORROWERS ENTERED INCREMENTAL AMENDMENT NO.1 TO CERTAIN AMENDED CREDIT AGREEMENT DATED AS OF MAY 17, 2017 – SEC FILING; 15/03/2018 – ESSENT GROUP LTD – PRICES $424.4 MLN OF 10-YEAR MORTGAGE INSURANCE-LINKED NOTES ISSUED BY RADNOR RE 2018-1 LTD; 24/05/2018 – Essent Group Ltd. CEO to Participate in the KBW Mortgage Finance & Asset Management Conference

Summit Equities Inc decreased its stake in Western Gas Partners Lp Com Unit Lp In (WES) by 5.21% based on its latest 2018Q2 regulatory filing with the SEC. Summit Equities Inc sold 842 shares as the company’s stock declined 0.20% while stock markets rallied. The institutional investor held 15,308 shares of the public utilities company at the end of 2018Q2, valued at $740.76 million, down from 16,150 at the end of the previous reported quarter. Summit Equities Inc who had been investing in Western Gas Partners Lp Com Unit Lp In for a number of months, seems to be less bullish one the $7.09B market cap company. The stock decreased 2.02% or $0.94 during the last trading session, reaching $45.71. About 758,484 shares traded or 0.19% up from the average. Western Gas Partners, LP (NYSE:WES) has declined 0.02% since December 5, 2017 and is downtrending. It has underperformed by 15.64% the S&P500. Some Historical WES News: 19/04/2018 – DJ Western Gas Partners LP, Inst Holders, 1Q 2018 (WES); 15/03/2018 – James Thornhill: BREAKING: Wesfarmers $WES to de-merge Coles business, will retain a 20% stake. Shareholders will get new Coles; 03/05/2018 – Enterprise, Western Gas Partners, and DCP Midstream Seek to Expand the Front Range Pipeline; 03/05/2018 – WESTERN GAS PARTNERS LP WES.N : CITIGROUP RAISES TARGET PRICE TO $53 FROM $46; 13/05/2018 – WESTERN GAS NAMES GENNIFER F. KELLY AS NEW COO; 03/05/2018 – DCP MIDSTREAM – ENTERPRISE PRODUCTS PARTNERS, WESTERN GAS PARTNERS, CO, ANNOUNCED BINDING OPEN SEASON FOR ADDITIONAL CAPACITY ON FRONT RANGE PIPELINE; 17/04/2018 – WESTERN GAS REPORTS 1Q DISTRIBUTION OF $0.9350/UNIT; 03/05/2018 – DCP MIDSTREAM LP – ENTERPRISE WILL BE RESPONSIBLE FOR CONSTRUCTING EXPANSION, WHICH WILL CONSIST OF ADDING PUMPING CAPACITY ALONG 583-MILE ROUTE; 13/05/2018 – Western Gas Names New Chief Operating Officer; 01/05/2018 – Western Gas Partners 1Q EPS 38c

Among 20 analysts covering Western Gas Partners (NYSE:WES), 13 have Buy rating, 0 Sell and 7 Hold. Therefore 65% are positive. Western Gas Partners had 65 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Underperform” rating given on Monday, February 27 by Bank of America. The rating was maintained by Bank of America on Tuesday, June 5 with “Neutral”. The firm earned “Overweight” rating on Wednesday, March 14 by JP Morgan. The stock of Western Gas Partners, LP (NYSE:WES) has “Buy” rating given on Wednesday, November 7 by Bank of America. The firm earned “Buy” rating on Thursday, January 11 by Stifel Nicolaus. Citigroup downgraded the stock to “Neutral” rating in Thursday, November 5 report. The stock of Western Gas Partners, LP (NYSE:WES) has “Neutral” rating given on Monday, October 1 by Bank of America. Credit Suisse maintained it with “Neutral” rating and $47 target in Monday, November 12 report. Stifel Nicolaus maintained Western Gas Partners, LP (NYSE:WES) rating on Tuesday, February 20. Stifel Nicolaus has “Buy” rating and $62 target. The rating was maintained by RBC Capital Markets with “Buy” on Tuesday, January 16.

Summit Equities Inc, which manages about $2.45 billion and $574.60B US Long portfolio, upped its stake in Ishares Russell 1000 Etf (IWB) by 470 shares to 9,934 shares, valued at $1.51B in 2018Q2, according to the filing. It also increased its holding in Vanguard Tax Mngd Intl Fd Ftse Dev Mkt Etf (VEA) by 637 shares in the quarter, for a total of 66,152 shares, and has risen its stake in Jpmorgan Chase & Co Com (NYSE:JPM).

More notable recent Western Gas Partners, LP (NYSE:WES) news were published by: Seekingalpha.com which released: “Western Gas Partners declares $0.965 dividend – Seeking Alpha” on October 17, 2018, also Seekingalpha.com with their article: “Anadarko unveils 2019 capex outlook, ups dividend, raises stock buybacks – Seeking Alpha” published on November 15, 2018, Fool.com published: “This Oil Stock Is Lavishing More Cash on Its Shareholders – The Motley Fool” on November 16, 2018. More interesting news about Western Gas Partners, LP (NYSE:WES) were released by: Schaeffersresearch.com and their article: “2 Energy Stocks Red-Hot After Midterm Results – Schaeffers Research” published on November 07, 2018 as well as Globenewswire.com‘s news article titled: “Consolidated Research: 2018 Summary Expectations for Western Gas Partners, LP, HCA Healthcare, DHI Group, AEterna Zentaris, Tsakos Energy Navigation, and Acme United — Fundamental Analysis, Key Performance Indications – GlobeNewswire” with publication date: November 16, 2018.

Analysts await Western Gas Partners, LP (NYSE:WES) to report earnings on February, 21. They expect $0.76 EPS, up 94.87% or $0.37 from last year’s $0.39 per share. WES’s profit will be $117.95M for 15.04 P/E if the $0.76 EPS becomes a reality. After $0.39 actual EPS reported by Western Gas Partners, LP for the previous quarter, Wall Street now forecasts 94.87% EPS growth.

Investors sentiment decreased to 0.92 in 2018 Q2. Its down 0.29, from 1.21 in 2018Q1. It dropped, as 18 investors sold WES shares while 57 reduced holdings. 17 funds opened positions while 52 raised stakes. 85.41 million shares or 4.43% less from 89.37 million shares in 2018Q1 were reported. Ftb holds 1,228 shares or 0% of its portfolio. Zimmer Prns LP has 0.95% invested in Western Gas Partners, LP (NYSE:WES) for 1.44M shares. Van Eck Assoc Corp, a New York-based fund reported 17,516 shares. Invesco Ltd, Georgia-based fund reported 140,986 shares. Carroll Associates holds 200 shares or 0% of its portfolio. Stephens Inc Ar accumulated 9,103 shares. Rafferty Asset Ltd Llc has 0.04% invested in Western Gas Partners, LP (NYSE:WES) for 48,540 shares. Ancora Advsrs Lc stated it has 4,531 shares or 0.01% of all its holdings. Usca Ria Ltd has 0.04% invested in Western Gas Partners, LP (NYSE:WES) for 7,800 shares. 41,410 were reported by Royal Bancorp Of Canada. Parametric Associate Limited Liability Company accumulated 0.01% or 303,295 shares. Cullen Frost Bankers owns 22,677 shares. Alabama-based Mitchell Mcleod Pugh & Williams Inc has invested 0.3% in Western Gas Partners, LP (NYSE:WES). Hilton Lc accumulated 33,340 shares. Lpl Finance Limited Liability Company has 10,451 shares.

More notable recent Essent Group Ltd. (NYSE:ESNT) news were published by: Nasdaq.com which released: “Financial Sector Update for 11/09/2018: FMBI,ESNT,MGI – Nasdaq” on November 09, 2018, also Seekingalpha.com with their article: “Essent Group’s Growth And The Stock’s Momentum – Seeking Alpha” published on December 29, 2016, Zacks.com published: “ESNT vs. TREE: Which Stock Should Value Investors Buy Now? – Zacks.com” on July 26, 2018. More interesting news about Essent Group Ltd. (NYSE:ESNT) were released by: Seekingalpha.com and their article: “NMIH falls after introducing new risk-based pricing platform – Seeking Alpha” published on May 21, 2018 as well as Seekingalpha.com‘s news article titled: “Essent Group (ESNT) CEO Mark Casale on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” with publication date: August 03, 2018.

Among 13 analysts covering Essent Group (NYSE:ESNT), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Essent Group had 57 analyst reports since August 12, 2015 according to SRatingsIntel. The company was maintained on Wednesday, September 7 by Barclays Capital. The stock has “Hold” rating by Keefe Bruyette & Woods on Monday, May 29. The company was downgraded on Friday, August 5 by Keefe Bruyette & Woods. On Tuesday, December 6 the stock rating was downgraded by BTIG Research to “Neutral”. The rating was maintained by Compass Point on Friday, May 6 with “Neutral”. As per Tuesday, March 13, the company rating was maintained by Wells Fargo. Compass Point maintained Essent Group Ltd. (NYSE:ESNT) rating on Monday, February 12. Compass Point has “Buy” rating and $60.75 target. The firm has “Buy” rating given on Wednesday, October 25 by Deutsche Bank. RBC Capital Markets maintained Essent Group Ltd. (NYSE:ESNT) on Friday, February 9 with “Buy” rating. The stock of Essent Group Ltd. (NYSE:ESNT) earned “Buy” rating by Keefe Bruyette & Woods on Wednesday, August 23.

Investors sentiment decreased to 1.02 in 2018 Q2. Its down 0.13, from 1.15 in 2018Q1. It fall, as 44 investors sold ESNT shares while 68 reduced holdings. 30 funds opened positions while 84 raised stakes. 83.42 million shares or 1.22% less from 84.45 million shares in 2018Q1 were reported. Shell Asset Mngmt holds 0.02% or 22,164 shares. Amalgamated Bank, a New York-based fund reported 13,884 shares. Zacks Inv Management holds 64,438 shares or 0.05% of its portfolio. 24,141 are owned by Levin Cap Strategies Limited Partnership. Boston Ltd Limited Liability Company owns 0.12% invested in Essent Group Ltd. (NYSE:ESNT) for 135,195 shares. Gam Hldgs Ag stated it has 34,664 shares or 0.04% of all its holdings. Icon Advisers holds 0.12% of its portfolio in Essent Group Ltd. (NYSE:ESNT) for 43,500 shares. Strs Ohio, a Ohio-based fund reported 41,400 shares. Alps Advisors has 0% invested in Essent Group Ltd. (NYSE:ESNT). Goldman Sachs Group Inc stated it has 183,960 shares. Moreover, Albion Fincl Ut has 0.07% invested in Essent Group Ltd. (NYSE:ESNT). Parallax Volatility Advisers Limited Partnership holds 0% of its portfolio in Essent Group Ltd. (NYSE:ESNT) for 1,727 shares. Moreover, Waterstone Mngmt Lp has 4.52% invested in Essent Group Ltd. (NYSE:ESNT) for 123,000 shares. Envestnet Asset accumulated 2,021 shares. Bluemountain Cap Mngmt Limited Com has invested 0.15% in Essent Group Ltd. (NYSE:ESNT).

Since September 10, 2018, it had 0 buys, and 5 insider sales for $3.94 million activity. $1.24M worth of Essent Group Ltd. (NYSE:ESNT) shares were sold by Bhasin Vijay. Another trade for 2,000 shares valued at $91,020 was sold by WEINSTOCK DAVID B. On Thursday, September 13 MCALEE LAWRENCE E JR sold $756,584 worth of Essent Group Ltd. (NYSE:ESNT) or 16,818 shares. Cashmer Jeff sold $1.00M worth of Essent Group Ltd. (NYSE:ESNT) on Wednesday, October 17.

Western Gas Partners, LP (NYSE:WES) Institutional Positions Chart

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