RSP Permian (RSPP) Cut to "Hold" at Royal Bank of Canada

Lloyd Doyle
April 16, 2018

Intel Corp now has $242.62B valuation. The stock decreased 2.21% or $0.64 during the last trading session, reaching $28.26. About 18.88M shares traded. Macy's, Inc. (NYSE:M) has declined 0.25% since April 15, 2017 and is downtrending. It has outperformed by 13.47% the S&P500. Geneva Advisors LLC boosted its position in RSP Permian by 0.7% in the third quarter. Moreover, Winfield has 0% invested in RSP Permian, Inc. Aperio Group LLC now owns 7,116 shares of the company's stock valued at $276,000 after buying an additional 1,109 shares in the last quarter. Howe & Rusling Inc has invested 0% in RSP Permian, Inc. The stock increased 3.67% or $1.67 during the last trading session, reaching $47.15.Currently RSP Permian, after 0.00% change in last April 15, 2017. About 1.23M shares traded.

RSP Permian (NYSE:RSPP) last posted its earnings results on Tuesday, February 27th. It has underperformed by 11.80% the S&P500. (NYSE:M), 8 have Buy rating, 2 Sell and 21 Hold. The positive are 59%. Intel Corporation had 241 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by Morgan Stanley with "Overweight" on Wednesday, January 24. Monarch Partners Asset Management Llc sold 78,530 shares as the company's stock declined 3.11% with the market. The rating was downgraded by Goldman Sachs on Monday, January 11 to "Neutral". (NASDAQ:FANG) rating on Wednesday, February 14. In Monday, March 19 report Jefferies maintained the stock with "Buy" rating. On Monday, March 12 BMO Capital Markets maintained RSP Permian, Inc.

Since October 23, 2017, it had 0 buys, and 18 sales for $32.56 million activity. $926,250 worth of stock was sold by McNeill Scott K. on Monday, December 11.

In other RSP Permian news, VP William Huck sold 6,000 shares of the stock in a transaction dated Wednesday, January 18th. Hollis Michael L. sold $388,035 worth of stock. MAHESWARAN MOHAN sold $98,241 worth of stock. Another trade for 89,087 shares valued at $3.99 million was sold by BRYANT ANDY D. Highbridge Cap Mngmt Ltd owns 23,944 shares for 0.02% of their portfolio. $20.89 million worth of Intel Corporation (NASDAQ:INTC) was sold by Smith Stacy J on Monday, October 30.

Investors sentiment decreased to 1.17 in 2017 Q4. 107 funds opened positions while 301 raised stakes. Alyeska Investment Limited Partnership holds 0.62% or 1.78M shares. 114 were reported by Stratos Wealth Ltd. Picton Mahoney Asset Management owns 68,800 shares for 0.08% of their portfolio. "Buy" rating has 13, "Sell" are 0, while 9 are "Hold". Picton Mahoney Asset Mgmt owns 68,800 shares. Reilly Fin Advsr Lc invested in 0% or 65 shares. Interocean Cap Limited Liability Company has invested 2.8% in Intel Corporation (NASDAQ:INTC). Bar Harbor Services has invested 4.21% in American Tower Corporation (NYSE:REIT). Hilltop has invested 0.26% in Intel Corporation (NASDAQ:INTC). Finally, Jefferies Group set a $48.00 price objective on RSP Permian and gave the stock a buy rating in a report on Wednesday, December 20th. Therefore 95% are positive. RSP Permian had 150 analyst reports since July 21, 2015 according to SRatingsIntel. Virtu Fincl Ltd Co has invested 0.04% in RSP Permian, Inc. (NYSE:RSPP) to report earnings on May, 1. RSP Permian had a return on equity of 3.07% and a net margin of 28.88%. The rating was maintained by RBC Capital Markets on Friday, November 10 with "Buy". The company was upgraded on Tuesday, August 25 by Deutsche Bank. Robert W. Baird started coverage on RSP Permian in a research note on Tuesday, December 19th. On Monday, December 11 Credit Suisse initiated the shares of RSPP in report with "Buy" rating. Caymus Capital Prtn LP holds 10.79% in RSP Permian, Inc. Scotiabank set a $54.00 price objective on shares of RSP Permian and gave the stock a "buy" rating in a research note on Tuesday, February 28th. RSP Permian has a consensus rating of "Buy" and a consensus target price of $45.76.

Teachers Insurance & Annuity Association Of America increased Ggp Inc stake by 57,657 shares to 674,285 valued at $15.77M in 2017Q4. Ci Inc reported 846,100 shares stake. Ventas Inc (NYSE:VTR) was raised too.

Investors sentiment increased to 1.25 in 2017 Q4. Its down 0.11, from 1.28 in 2017Q3. It dropped, as 49 investors sold FANG shares while 113 reduced holdings. 76 grew holdings while 48 funds took holdings. The oil and natural gas company reported $0.32 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.28 by $0.04. Ngam Limited Partnership reported 60,692 shares. Howe & Rusling accumulated 63 shares. Daiwa Securities Grp Incorporated holds 31,775 shares. Riverhead Capital Mgmt Ltd Limited Liability Company has invested 0.02% in Bio-Rad Laboratories, Inc. Capital One Financial also issued estimates for RSP Permian's Q2 2018 earnings at $0.56 EPS and FY2018 earnings at $2.37 EPS. Bancorporation Of New York Mellon accumulated 0.01% or 729,740 shares. L & S Advisors Inc who had been investing in Diamondback Energy for a number of months, seems to be bullish on the $11.65B market cap company. Highland Capital Mngmt LP holds 14,150 shares. Lyon Street Cap Limited Company holds 108,693 shares. Finally, New York State Common Retirement Fund boosted its position in RSP Permian by 0.5% in the third quarter.

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