Udr Com Reit (UDR) Holder Parametric Portfolio Associates Has Increased Its Stake by $736,600; Concho Res (CXO) Stake Upped by Shell Asset Management Co

Concho Resources Inc. (NYSE:CXO) Logo

Shell Asset Management Co increased its stake in Concho Res Inc (CXO) by 4.96% based on its latest 2018Q3 regulatory filing with the SEC. Shell Asset Management Co bought 2,110 shares as the company’s stock declined 9.17% with the market. The institutional investor held 44,662 shares of the oil & gas production company at the end of 2018Q3, valued at $6.82M, up from 42,552 at the end of the previous reported quarter. Shell Asset Management Co who had been investing in Concho Res Inc for a number of months, seems to be bullish on the $23.77 billion market cap company. The stock increased 2.58% or $3.01 during the last trading session, reaching $119.51. About 1.78M shares traded. Concho Resources Inc. (NYSE:CXO) has declined 12.85% since February 14, 2018 and is downtrending. It has underperformed by 12.85% the S&P500. Some Historical CXO News: 01/05/2018 – Concho Resources 1Q Net $835M; 28/03/2018 – Len Vermillion: #BREAKING: Concho acquiring RSP Permian in $9.5 billion merger; 28/03/2018 – CONCHO TO BUY RSP PERMIAN IN DEAL VALUED AT $9.5B WITH DEBT; 28/03/2018 – CONCHO RESOURCES INC – TRANSACTION WAS UNANIMOUSLY APPROVED BY BOARD OF DIRECTORS OF EACH COMPANY; 22/05/2018 – Concho Presenting at UBS Global Oil & Gas Conference Tomorrow; 28/03/2018 – CONCHO RESOURCES INC – ACQUISITION IS EXPECTED TO BE ACCRETIVE IN FIRST YEAR TO CONCHO’S KEY PER-SHARE METRICS; 28/03/2018 – CONCHO RESOURCES INC – TRANSACTION ADDS 2.2 BLN BOE OF RESOURCE POTENTIAL; 28/03/2018 – Concho Resources Board Will Be Expanded to 11 Directors; 28/03/2018 – MOODY’S PLACES RSP PERMIAN UNDER REVIEW FOR UPGRADE FOLLOWING ACQUISITION ANNOUNCEMENT; 28/03/2018 – Fitch Places Concho Resources’ ‘BBB-‘ Ratings on Positive Watch

Parametric Portfolio Associates Llc increased its stake in Udr Inc Com Reit (UDR) by 3.86% based on its latest 2018Q3 regulatory filing with the SEC. Parametric Portfolio Associates Llc bought 18,415 shares as the company’s stock rose 5.06% while stock markets declined. The institutional investor held 495,183 shares of the consumer services company at the end of 2018Q3, valued at $20.02 million, up from 476,768 at the end of the previous reported quarter. Parametric Portfolio Associates Llc who had been investing in Udr Inc Com Reit for a number of months, seems to be bullish on the $13.32 billion market cap company. The stock increased 0.95% or $0.42 during the last trading session, reaching $44.65. About 1.68M shares traded. UDR, Inc. (NYSE:UDR) has risen 8.99% since February 14, 2018 and is uptrending. It has outperformed by 8.99% the S&P500. Some Historical UDR News: 19/04/2018 – DJ UDR Inc, Inst Holders, 1Q 2018 (UDR); 25/04/2018 – UDR 1Q FFO/SHR AS ADJ 47C, EST. 47C; 25/04/2018 – CORRECT: UDR SEES FY FFO/SHR AS ADJ $1.91 TO $1.95, EST. $1.93; 25/04/2018 – UDR Inc Sees 2Q FFO 47c/Shr-FFO 49c/Shr; 27/03/2018 – UDR Inc Raises Dividend to 32.25c Vs. 31c; 25/04/2018 – UDR Inc 1Q Net $81.8M; 25/04/2018 – UDR INC UDR.N – QTRLY YEAR-OVER-YEAR SAME-STORE REVENUE GROWTH WAS 3.0 PERCENT; 25/04/2018 – CORRECT: UDR SEES 2Q FFO/SHR AS ADJ 47C TO 49C, EST. 49C; 25/04/2018 – UDR Inc 1Q Rev $253.3M; 27/03/2018 – UDR REPORTS A 4% ANNUALIZED COMMON DIV BOOST FOR 2018

Among 26 analysts covering UDR Inc (NYSE:UDR), 6 have Buy rating, 3 Sell and 17 Hold. Therefore 23% are positive. UDR Inc had 85 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Market Perform” rating by Cowen & Co given on Tuesday, January 12. The firm has “Neutral” rating by BTIG Research given on Friday, June 30. The firm has “Hold” rating by Zacks given on Monday, August 17. RBC Capital Markets maintained it with “Hold” rating and $39.0 target in Friday, October 20 report. The firm has “Sell” rating by Miller Tabak given on Monday, November 9. As per Tuesday, December 13, the company rating was downgraded by Morgan Stanley. Robert W. Baird maintained it with “Buy” rating and $42.0 target in Friday, November 10 report. The company was maintained on Tuesday, October 27 by Stifel Nicolaus. The rating was maintained by RBC Capital Markets with “Hold” on Wednesday, November 8. Robert W. Baird maintained the shares of UDR in report on Tuesday, October 3 with “Hold” rating.

More important recent UDR, Inc. (NYSE:UDR) news were published by: Benzinga.com which released: “Earnings Scheduled For February 12, 2019 – Benzinga” on February 12, 2019, also Businesswire.com published article titled: “UDR, Inc. Reports Tax Status of 2018 Distributions – Business Wire”, Seekingalpha.com published: “UDR, Inc. (UDR) CEO Tom Toomey on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” on February 14, 2019. More interesting news about UDR, Inc. (NYSE:UDR) was released by: Businesswire.com and their article: “UDR Announces Fourth Quarter and Full-Year 2018 Results and 2019 Guidance – Business Wire” with publication date: February 12, 2019.

Since August 17, 2018, it had 0 insider buys, and 8 sales for $5.25 million activity. The insider Troupe Warren L sold $1.56 million. The insider Davis Jerry A sold $404,400. TOOMEY THOMAS W had sold 40,000 shares worth $1.65M on Wednesday, November 14. ALCOCK HARRY G had sold 10,000 shares worth $412,155.

Investors sentiment decreased to 1.04 in Q3 2018. Its down 0.04, from 1.08 in 2018Q2. It dived, as 22 investors sold UDR shares while 113 reduced holdings. 41 funds opened positions while 99 raised stakes. 251.18 million shares or 1.98% more from 246.29 million shares in 2018Q2 were reported. Stifel Financial Corporation invested in 16,407 shares. First LP reported 105,894 shares stake. Arizona-based Arizona State Retirement has invested 0.06% in UDR, Inc. (NYSE:UDR). Ohio-based Stratos Wealth Prns Limited has invested 0% in UDR, Inc. (NYSE:UDR). 10,490 are owned by Element Management Lc. Neuberger Berman Limited Company invested in 0% or 9,698 shares. Ing Groep Nv invested in 0.01% or 12,473 shares. Louisiana State Employees Retirement Sys invested in 15,700 shares or 0.03% of the stock. Signaturefd Ltd Com holds 729 shares. Hsbc Hldg Public Ltd accumulated 134,686 shares. Karpas Strategies Lc, a New York-based fund reported 8,495 shares. Alps Advsrs owns 16,380 shares or 0% of their US portfolio. Advisory Svcs Network Ltd Liability Com has 0.01% invested in UDR, Inc. (NYSE:UDR) for 2,420 shares. Heritage Wealth invested in 17,291 shares or 0.14% of the stock. Liberty Mutual Grp Inc Asset Inc has invested 0.01% in UDR, Inc. (NYSE:UDR).

Parametric Portfolio Associates Llc, which manages about $114.37 billion US Long portfolio, decreased its stake in A by 9,735 shares to 84,153 shares, valued at $3.60M in 2018Q3, according to the filing. It also reduced its holding in Corporate High Yield Fund Inc (HYT) by 63,782 shares in the quarter, leaving it with 1.80M shares, and cut its stake in Dexcom Inc Com (NASDAQ:DXCM).

Investors sentiment increased to 2.31 in 2018 Q3. Its up 1.21, from 1.1 in 2018Q2. It improved, as 35 investors sold CXO shares while 92 reduced holdings. 90 funds opened positions while 204 raised stakes. 186.48 million shares or 21.25% more from 153.79 million shares in 2018Q2 were reported. Covington Capital Mgmt holds 0% of its portfolio in Concho Resources Inc. (NYSE:CXO) for 134 shares. Parallax Volatility Advisers Limited Partnership stated it has 0% in Concho Resources Inc. (NYSE:CXO). State Board Of Administration Of Florida Retirement reported 263,912 shares. Tributary Cap Limited Com holds 12,700 shares. Mitsubishi Ufj Tru Bk has 0.08% invested in Concho Resources Inc. (NYSE:CXO) for 153,503 shares. Oppenheimer Asset Mgmt invested in 0.01% or 3,087 shares. Macroview Inv Mngmt Ltd Liability stated it has 0.01% of its portfolio in Concho Resources Inc. (NYSE:CXO). Fifth Third Bancorporation has invested 0% of its portfolio in Concho Resources Inc. (NYSE:CXO). 205,816 are owned by Discovery Capital Mngmt Limited Liability Corp Ct. Arizona State Retirement Systems stated it has 0.16% of its portfolio in Concho Resources Inc. (NYSE:CXO). Tortoise Cap Advisors Llc invested 0.1% of its portfolio in Concho Resources Inc. (NYSE:CXO). Ls owns 5,090 shares or 0.04% of their US portfolio. Korea Investment Corp owns 0.02% invested in Concho Resources Inc. (NYSE:CXO) for 23,590 shares. Moreover, Agf Investments has 0.01% invested in Concho Resources Inc. (NYSE:CXO) for 8,735 shares. Ranger Invest Management Lp accumulated 350 shares.

Among 34 analysts covering Concho Resources Inc. (NYSE:CXO), 28 have Buy rating, 0 Sell and 6 Hold. Therefore 82% are positive. Concho Resources Inc. had 152 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Concho Resources Inc. (NYSE:CXO) has “Buy” rating given on Thursday, September 28 by RBC Capital Markets. The stock of Concho Resources Inc. (NYSE:CXO) earned “Buy” rating by Citigroup on Thursday, July 13. The stock has “Accumulate” rating by Seaport Global on Tuesday, June 7. The rating was maintained by SunTrust with “Buy” on Tuesday, October 31. The firm earned “Neutral” rating on Tuesday, October 6 by Suntrust Robinson. The firm has “Hold” rating by Jefferies given on Tuesday, August 29. Citigroup maintained Concho Resources Inc. (NYSE:CXO) rating on Friday, July 21. Citigroup has “Buy” rating and $151 target. RBC Capital Markets maintained Concho Resources Inc. (NYSE:CXO) on Wednesday, February 22 with “Outperform” rating. Wells Fargo maintained Concho Resources Inc. (NYSE:CXO) rating on Wednesday, October 24. Wells Fargo has “Outperform” rating and $209 target. Seaport Global upgraded the shares of CXO in report on Monday, December 10 to “Buy” rating.

Since August 23, 2018, it had 0 insider purchases, and 3 insider sales for $2.54 million activity. On Thursday, August 23 the insider Nelson Erick sold $1.47 million. Moncrief Lee Price sold $559,451 worth of stock or 4,000 shares.

Shell Asset Management Co, which manages about $5.07B US Long portfolio, decreased its stake in Irobot Corp (NASDAQ:IRBT) by 26,751 shares to 102,499 shares, valued at $11.27 million in 2018Q3, according to the filing. It also reduced its holding in American Finl Group Inc Ohio (NYSE:AFG) by 5,016 shares in the quarter, leaving it with 43,702 shares, and cut its stake in Paypal Hldgs Inc.

More notable recent Concho Resources Inc. (NYSE:CXO) news were published by: 247Wallst.com which released: “Top Analyst Upgrades and Downgrades: Allergan, Apple, Carnival, Ciena, Juniper, Lockheed Martin, Plug Power, Take-Two, United Continental, Zynga and More – 24/7 Wall St.” on January 30, 2019, also Streetinsider.com with their article: “Concho Resources (CXO) Announces Passing of Board Member Ray Poage – StreetInsider.com” published on February 04, 2019, Globenewswire.com published: “Market Trends Toward New Normal in Fastenal, Concho Resources, US Ecology, II-VI, Fortune Brands Home & Security, and QUANTENNA COMMS — Emerging Consolidated Expectations, Analyst Ratings – GlobeNewswire” on January 23, 2019. More interesting news about Concho Resources Inc. (NYSE:CXO) were released by: Benzinga.com and their article: “Benzinga’s Top Upgrades, Downgrades For January 30, 2019 – Benzinga” published on January 30, 2019 as well as Zacks.com‘s news article titled: “Production Growth to Aid Concho Resources (CXO) Q4 Earnings – Zacks.com” with publication date: February 14, 2019.

Concho Resources Inc. (NYSE:CXO) Institutional Positions Chart

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