Chickasaw Capital Management Decreased Its Targa Resources (TRGP) Stake; Shorts at VINCI SA ADR FRANCE (VCISY) Raised By 172.32%


Chickasaw Capital Management Llc decreased Targa Resources Corp (TRGP) stake by 1.05% reported in 2017Q4 SEC filing. Chickasaw Capital Management Llc sold 87,044 shares as Targa Resources Corp (TRGP)’s stock declined 3.67%. The Chickasaw Capital Management Llc holds 8.18M shares with $395.90 million value, down from 8.26 million last quarter. Targa Resources Corp now has $10.66B valuation. The stock decreased 0.25% or $0.12 during the last trading session, reaching $48.59. About 1.78M shares traded. Targa Resources Corp. (NYSE:TRGP) has declined 20.04% since May 17, 2017 and is downtrending. It has underperformed by 31.59% the S&P500.

VINCI SA ADR FRANCE (OTCMKTS:VCISY) had an increase of 172.32% in short interest. VCISY’s SI was 48,200 shares in May as released by FINRA. Its up 172.32% from 17,700 shares previously. With 106,300 avg volume, 1 days are for VINCI SA ADR FRANCE (OTCMKTS:VCISY)’s short sellers to cover VCISY’s short positions. The stock increased 0.32% or $0.08 during the last trading session, reaching $25.29. About shares traded. VINCI SA (OTCMKTS:VCISY) has 0.00% since May 17, 2017 and is . It has underperformed by 11.55% the S&P500.

VINCI SA engages in the concessions and contracting businesses worldwide. The company has market cap of $56.86 billion. The firm designs, finances, builds, and operates infrastructure and facilities comprising motorway, bridge and tunnel, airport, rail, stadium, and parking facilities. It has a 16.75 P/E ratio. It operates motorway concession with a network of 4,386 kilometers in France; and 34 airports, including 12 in France, 10 in Portugal, 3 in Cambodia, 1 in Chile, 2 in Japan, and 6 in the Dominican Republic.

Chickasaw Capital Management Llc increased Buckeye Partners Lp (NYSE:BPL) stake by 459,586 shares to 3.58M valued at $177.57M in 2017Q4. It also upped Enterprise Products Partners L (NYSE:EPD) stake by 154,435 shares and now owns 13.99 million shares. Alps Etf Tr Alerian Mlp (AMLP) was raised too.

Among 19 analysts covering Targa Resources (NYSE:TRGP), 12 have Buy rating, 0 Sell and 7 Hold. Therefore 63% are positive. Targa Resources has $110 highest and $24 lowest target. $56.59’s average target is 16.46% above currents $48.59 stock price. Targa Resources had 91 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of Targa Resources Corp. (NYSE:TRGP) earned “Buy” rating by Citigroup on Monday, March 14. On Wednesday, August 5 the stock rating was maintained by Barclays Capital with “Overweight”. The company was upgraded on Tuesday, March 7 by Evercore. The rating was maintained by Citigroup with “Buy” on Tuesday, February 6. Goldman Sachs downgraded Targa Resources Corp. (NYSE:TRGP) on Tuesday, October 17 to “Hold” rating. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, August 22. The firm earned “Hold” rating on Wednesday, August 31 by Wunderlich. The stock of Targa Resources Corp. (NYSE:TRGP) has “Buy” rating given on Tuesday, April 24 by Seaport Global. On Tuesday, July 18 the stock rating was downgraded by Barclays Capital to “Equal-Weight”. The firm has “Overweight” rating given on Tuesday, April 17 by Barclays Capital.

Investors sentiment decreased to 1.05 in 2017 Q4. Its down 0.19, from 1.24 in 2017Q3. It turned negative, as 31 investors sold TRGP shares while 119 reduced holdings. 45 funds opened positions while 112 raised stakes. 193.64 million shares or 5.92% more from 182.82 million shares in 2017Q3 were reported. Starr Int holds 83,057 shares or 0.36% of its portfolio. Aqr Limited Liability Co holds 0% or 10,753 shares in its portfolio. Qci Asset Management reported 124 shares. Yorkville Capital Mngmt Ltd Liability Com reported 29,261 shares. Bush Odonnell Investment Advsr stated it has 10,195 shares. Field & Main Bancorporation invested in 300 shares or 0.01% of the stock. Earnest Partners Limited Liability Co owns 97 shares for 0% of their portfolio. California State Teachers Retirement Systems accumulated 370,168 shares. 1,597 are held by Pinebridge Invests Ltd Partnership. Clearbridge Ltd reported 3.54 million shares. Grp Inc Inc Inc has invested 0% of its portfolio in Targa Resources Corp. (NYSE:TRGP). Hilton Cap Mngmt Llc holds 0.16% in Targa Resources Corp. (NYSE:TRGP) or 21,853 shares. 6,150 were reported by Daiwa Grp Incorporated. Cornerstone Cap Mgmt Lc owns 23,851 shares or 0.01% of their US portfolio. 263,211 are owned by Arosa Cap Mngmt Limited Partnership.

Targa Resources Corp. (NYSE:TRGP) Institutional Positions Chart