Baines Creek Capital – Llc Paid for 119815 shares of Legacy Reserves LP (LGCY) in Insider Trade; Pimco Global Stocksplus & Income Fund (PGP) Has 3 Sentiment

Sentiment for Pimco Global Stocksplus & Income Fund (PGP)

Pimco Global Stocksplus & Income Fund (PGP) investors sentiment increased to 3 in Q4 2017. It’s up 2.67, from 0.33 in 2017Q3. The ratio has improved, as 9 institutional investors started new or increased equity positions, while 3 cut down and sold their stakes in Pimco Global Stocksplus & Income Fund. The institutional investors in our database now hold: 347,528 shares, down from 404,493 shares in 2017Q3. Also, the number of institutional investors holding Pimco Global Stocksplus & Income Fund in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 0 Reduced: 3 Increased: 4 New Position: 5.

Legacy Reserves LP acquires and develops oil and natural gas properties primarily in the Permian Basin, East Texas, Rocky Mountain, and Mid-Continent regions of the United States. The company has market cap of $444.45 million. As of December 31, 2016, the firm owned interests in producing oil and natural gas properties in 627 fields comprising 10,775 gross productive wells, including 3,799 operated and 6,976 non-operated wells located in the Permian Basin, East Texas, Piceance Basin of Colorado, Texas Panhandle, Wyoming, North Dakota, Montana, Oklahoma, and other states. It currently has negative earnings. It had proved reserves of approximately 144.8 million barrels of crude oil equivalent.

Among 11 analysts covering Legacy Reserves (NASDAQ:LGCY), 0 have Buy rating, 5 Sell and 6 Hold. Therefore 0 are positive. Legacy Reserves has $13 highest and $0.50 lowest target. $5.22’s average target is -9.69% below currents $5.78 stock price. Legacy Reserves had 23 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was downgraded by Ladenburg Thalmann on Friday, February 12 to “Neutral”. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, October 26. Citigroup maintained Legacy Reserves LP (NASDAQ:LGCY) rating on Monday, March 21. Citigroup has “Neutral” rating and $1.25 target. The firm has “Sell” rating by UBS given on Wednesday, September 9. FBR Capital maintained the shares of LGCY in report on Monday, October 12 with “Outperform” rating. The stock of Legacy Reserves LP (NASDAQ:LGCY) has “Underperform” rating given on Thursday, February 18 by Wells Fargo. The firm has “Neutral” rating given on Thursday, September 29 by Citigroup. As per Wednesday, July 6, the company rating was upgraded by FBR Capital. On Friday, August 7 the stock rating was maintained by Wunderlich with “Buy”. The stock has “Sell” rating by Stifel Nicolaus on Monday, September 19.

Since January 10, 2018, it had 18 buys, and 0 selling transactions for $14.57 million activity. Another trade for 333,000 shares valued at $1.27 million was bought by Baines Creek Capital – LLC.

A calculated and judicious move was made by the the of Legacy Reserves Lp, Baines Creek Capital – Llc, which acquired number of shares – 119,815, amounting to $617,901 US Dollars, based on $5.2 for a share. These insider shares were bought on April 17, 2018 and the filing that contains the original information, filed with the Washington-based SEC can be seen here. Baines Creek Capital – Llc owns 17.90% of the -company’s market cap or 13.76 million shares.

The stock increased 2.30% or $0.13 during the last trading session, reaching $5.78. About 1.02 million shares traded or 79.93% up from the average. Legacy Reserves LP (NASDAQ:LGCY) has risen 149.47% since April 18, 2017 and is uptrending. It has outperformed by 137.92% the S&P500.

Investors sentiment increased to 0.67 in 2017 Q4. Its up 0.14, from 0.53 in 2017Q3. It improved, as 8 investors sold Legacy Reserves LP shares while 10 reduced holdings. 6 funds opened positions while 6 raised stakes. 15.76 million shares or 11.47% more from 14.14 million shares in 2017Q3 were reported. Us Commercial Bank De stated it has 2,000 shares. Syntal Capital Ptnrs Ltd owns 18,800 shares or 0.01% of their US portfolio. Royal Comml Bank Of Canada has 11,208 shares. Raymond James Svcs Advsr Inc owns 56,766 shares for 0% of their portfolio. 54,433 were reported by Raymond James And Assoc. Fir Tree Capital Mgmt Limited Partnership stated it has 0.16% in Legacy Reserves LP (NASDAQ:LGCY). Citigroup accumulated 0% or 4,320 shares. 18,382 are held by Wells Fargo & Mn. Manufacturers Life Ins The holds 0% of its portfolio in Legacy Reserves LP (NASDAQ:LGCY) for 729 shares. Fmr Limited Liability Co, Massachusetts-based fund reported 9.08 million shares. Columbia Asset Mngmt holds 18,000 shares or 0.01% of its portfolio. Oxbow Lc reported 20,010 shares or 0.01% of all its holdings. Tower Ltd Llc (Trc) owns 0% invested in Legacy Reserves LP (NASDAQ:LGCY) for 10,029 shares. Grp One Trading L P, Illinois-based fund reported 7,048 shares. Oppenheimer Inc has 80,725 shares for 0% of their portfolio.

Legacy Reserves LP (NASDAQ:LGCY) Institutional Positions Chart