Key Group Holdings Cayman LTD Stake in Sm Energy Co (SM) Decreased by $10.13 Million as Share Price Declined

May 18, 2018 - By Rodney Autry

SM Energy Company (NYSE:SM) LogoInvestors sentiment decreased to 1.04 in Q4 2017. Its down 0.26, from 1.3 in 2017Q3. It worsened, as 21 investors sold SM shares while 73 reduced holdings. 32 funds opened positions while 66 raised stakes. 117.58 million shares or 2.17% more from 115.08 million shares in 2017Q3 were reported. Northern Corporation invested in 949,972 shares. Ameritas Invest Prns owns 30,671 shares or 0.03% of their US portfolio. Virtu Fin Lc stated it has 0.04% of its portfolio in SM Energy Company (NYSE:SM). Hbk Invs Limited Partnership invested in 24,366 shares or 0.01% of the stock. The Ontario – Canada-based Royal Bank Of Canada has invested 0% in SM Energy Company (NYSE:SM). Texas Permanent School Fund has invested 0.02% in SM Energy Company (NYSE:SM). Armstrong Henry H Associate reported 0.04% in SM Energy Company (NYSE:SM). Fmr Lc holds 0.01% of its portfolio in SM Energy Company (NYSE:SM) for 2.29M shares. Napier Park Cap (Us) Lp reported 30,000 shares. Jane Street Group Lc has 241,878 shares. M&T Comml Bank Corp has invested 0% in SM Energy Company (NYSE:SM). 29,797 were reported by Cubist Systematic Strategies Limited Liability. Teachers Retirement System Of The State Of Kentucky stated it has 21,820 shares or 0.01% of all its holdings. B And T Capital Mgmt Dba Alpha Capital Mgmt reported 10,976 shares stake. 473,200 were accumulated by Renaissance Limited Liability Corp.

Key Group Holdings Cayman Ltd decreased its stake in Sm Energy Co (SM) by 9.4% based on its latest 2017Q4 regulatory filing with the SEC. Key Group Holdings Cayman Ltd sold 460,506 shares as the company’s stock declined 15.92% with the market. The hedge fund held 4.44 million shares of the oil & gas production company at the end of 2017Q4, valued at $97.98 million, down from 4.90 million at the end of the previous reported quarter. Key Group Holdings Cayman Ltd who had been investing in Sm Energy Co for a number of months, seems to be less bullish one the $2.94 billion market cap company. The stock decreased 0.72% or $0.19 during the last trading session, reaching $26.31. About 342,782 shares traded. SM Energy Company (NYSE:SM) has declined 16.15% since May 18, 2017 and is downtrending. It has underperformed by 27.70% the S&P500.

Key Group Holdings Cayman Ltd, which manages about $1.99 billion and $1.25B US Long portfolio, upped its stake in Vale S A (NYSE:VALE) by 520,000 shares to 2.34 million shares, valued at $28.64M in 2017Q4, according to the filing. It also increased its holding in Wpx Energy Inc (NYSE:WPX) by 348,792 shares in the quarter, for a total of 5.69 million shares, and has risen its stake in Teck Resources Ltd (NYSE:TCK).

Analysts await SM Energy Company (NYSE:SM) to report earnings on August, 2. They expect $-0.11 EPS, up 65.63 % or $0.21 from last year’s $-0.32 per share. After $0.07 actual EPS reported by SM Energy Company for the previous quarter, Wall Street now forecasts -257.14 % negative EPS growth.

SM Energy Company (NYSE:SM) Ratings Coverage

Among 15 analysts covering SM Energy (NYSE:SM), 12 have Buy rating, 0 Sell and 3 Hold. Therefore 80% are positive. SM Energy had 27 analyst reports since November 20, 2017 according to SRatingsIntel. Williams Capital Group maintained the shares of SM in report on Thursday, February 22 with “Buy” rating. The stock of SM Energy Company (NYSE:SM) has “Buy” rating given on Monday, March 26 by Williams Capital Group. The stock of SM Energy Company (NYSE:SM) has “Buy” rating given on Tuesday, February 20 by Susquehanna. On Tuesday, January 9 the stock rating was maintained by RBC Capital Markets with “Hold”. The firm earned “Outperform” rating on Tuesday, December 19 by Robert W. Baird. As per Monday, November 20, the company rating was maintained by Barclays Capital. Stifel Nicolaus maintained the stock with “Buy” rating in Monday, January 29 report. The firm has “Buy” rating by Robert W. Baird given on Wednesday, January 10. Susquehanna maintained it with “Hold” rating and $30.0 target in Wednesday, January 17 report. The stock of SM Energy Company (NYSE:SM) earned “Buy” rating by Williams Capital Group on Wednesday, April 4.

SM Energy Company (NYSE:SM) Institutional Positions Chart

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