Kayne Anderson MLP Investment Co (NYSE:KYN) Institutional Investor Positioning

July 18, 2017 - By Peter Erickson

 Kayne Anderson MLP Investment Co (NYSE:KYN) Institutional Investor Positioning

Sentiment for Kayne Anderson MLP Investment Co (NYSE:KYN)

Kayne Anderson MLP Investment Co (NYSE:KYN) institutional sentiment decreased to 1.02 in Q4 2016. Its down -0.39, from 1.41 in 2016Q3. The ratio fall, as 66 investment managers increased or opened new holdings, while 65 decreased and sold positions in Kayne Anderson MLP Investment Co. The investment managers in our partner’s database now possess: 23.70 million shares, up from 23.40 million shares in 2016Q3. Also, the number of investment managers holding Kayne Anderson MLP Investment Co in their top 10 holdings decreased from 7 to 5 for a decrease of 2. Sold All: 16 Reduced: 49 Increased: 47 New Position: 19.

Kayne Anderson MLP Investment Company is a non-diversified, closed-end management investment company. The company has market cap of $2.13 billion. The Company’s investment objective is to obtain a high after-tax total return by investing at least 85% of its total assets in energy-related master limited partnerships and their affiliates and in other companies that operate assets used in the gathering, transporting, processing, storing, refining, distributing, mining or marketing of natural gas, natural gas liquids, crude oil, refined petroleum products or coal. It has a 2.18 P/E ratio. The Company’s investments are principally in equity securities issued by MLPs, but it also may invest in debt securities of MLPs and equity/debt securities of other midstream energy companies.

It closed at $18.7 lastly. It is down 3.10% since July 18, 2016 and is uptrending. It has underperformed by 13.60% the S&P500.

Sfe Investment Counsel holds 3.28% of its portfolio in Kayne Anderson MLP Investment Co. for 420,780 shares. Signature Financial Management Inc. owns 442,140 shares or 3.26% of their US portfolio. Moreover, Cedar Hill Associates Llc has 2.61% invested in the company for 793,765 shares. The Ohio-based Shoker Investment Counsel Inc. has invested 2.27% in the stock. Signature Estate & Investment Advisors Llc, a California-based fund reported 819,604 shares.#img1#

More recent Kayne Anderson MLP Investment Co. (NYSE:KYN) news were published by: Businesswire.com which released: “Kayne Anderson MLP Investment Company Announces Distribution of $0.45 Per …” on June 30, 2017. Also Nasdaq.com published the news titled: “Kayne Anderson MLP Investment Company (KYN) Ex-Dividend Date Scheduled for …” on July 05, 2017. Nasdaq.com‘s news article titled: “Kayne Anderson MLP Investment Company (KYN) Ex-Dividend Date Scheduled for …” with publication date: January 03, 2017 was also an interesting one.

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