Koninklijke Philips N V (PHG) Holder Benin Management Boosted Position; Community Trust & Investment Co Has Raised Its Bp Plc (BP) Position by $2.16 Million as Stock Rose

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Community Trust & Investment Co increased its stake in Bp Plc (BP) by 16.55% based on its latest 2018Q4 regulatory filing with the SEC. Community Trust & Investment Co bought 58,296 shares as the company’s stock rose 4.41% with the market. The institutional investor held 410,452 shares of the integrated oil company at the end of 2018Q4, valued at $15.57M, up from 352,156 at the end of the previous reported quarter. Community Trust & Investment Co who had been investing in Bp Plc for a number of months, seems to be bullish on the $150.39 billion market cap company. The stock increased 0.11% or $0.05 during the last trading session, reaching $44.72. About 1.02 million shares traded. BP p.l.c. (NYSE:BP) has risen 9.50% since April 15, 2018 and is uptrending. It has outperformed by 5.13% the S&P500. Some Historical BP News: 22/05/2018 – SERICA ENERGY PLC SQZ.L – APPLICATIONS HAVE BEEN SUBMITTED TO OFAC BY BP AND SERICA FOR A RENEWED LICENCE BEYOND THAT DATE; 09/04/2018 – BP: Project Producing 1B Cubic Feet of Gas/Day; 11/05/2018 – BP MIDSTREAM PARTNERS LP BPMP.N : BARCLAYS RAISES TARGET PRICE TO $22 FROM $19; 21/05/2018 – BP CEO: TOTAL MACONDO OIL-SPILL PAYOUT AMOUNTS TO $65.8B SO FAR; 28/05/2018 – BP boss to champion […]; 27/04/2018 – ODFJELL DRILLING LTD ODLL.OL – PLEASED TO ANNOUNCE THAT AKER BP HAS TODAY AWARDED ODFJELL DRILLING A 2 YEAR FIRM DRILLING CONTRACT WITH 1+1 YEAR OPTIONAL PERIODS; 07/05/2018 – HILONG HOLDING LTD 1623.HK – UNIT ENTERED INTO CONTRACT WITH BP IRAQ N.V. FOR PROVISION AND OPERATION OF TWO ONSHORE WORKOVER UNITS; 01/05/2018 – BP’S GILVARY: BOARD WILL DISCUSS DIVIDEND IN 2H AS DEBT DROPS; 22/05/2018 – SERICA ENERGY PLC SQZ.L – SERICA IS WORKING CLOSELY WITH BP AND IOC TO EVALUATE POTENTIAL IMPACT OF CHANGES; 03/04/2018 – HARVEST FUND ADVISORS REPORTS 8.4 PCT PASSIVE STAKE IN BP MIDSTREAM PARTNERS LP AS OF MARCH 30, 2018 – SEC FILING

Benin Management Corp increased its stake in Koninklijke Philips N V (PHG) by 100% based on its latest 2018Q4 regulatory filing with the SEC. Benin Management Corp bought 20,000 shares as the company’s stock rose 8.18% with the market. The institutional investor held 40,000 shares of the consumer electronics and appliances company at the end of 2018Q4, valued at $1.40 million, up from 20,000 at the end of the previous reported quarter. Benin Management Corp who had been investing in Koninklijke Philips N V for a number of months, seems to be bullish on the $36.34B market cap company. The stock increased 1.02% or $0.4 during the last trading session, reaching $40.12. About 307,339 shares traded. Koninklijke Philips N.V. (NYSE:PHG) has risen 6.69% since April 15, 2018 and is uptrending. It has outperformed by 2.32% the S&P500. Some Historical PHG News: 17/04/2018 – FDA: Philips Medical Systems (Cleveland) Inc- Brilliance 64 with 4.1.7 XX026 software version model number 728231 Product Usage; 23/04/2018 – Koninklijke Philips 1Q Net Income from Continuing Op EUR94M; 18/04/2018 – FDA: Philips Electronics North America Corporation- Intera 1.0T; 1) Stellar Model 781102, 2) Pular Model 781103 Product Usage:; 09/05/2018 – KONINKLIJKE AHOLD DELHAIZE NV AD.AS – DECIDED TO EXTEND THE CURRENT AGREEMENT FOR 15 YEARS, EFFECTIVE DECEMBER 15, 2018; 08/05/2018 – KONINKLIJKE PHILIPS NV PHG.AS – FINANCIAL DETAILS OF TRANSACTION WERE NOT DISCLOSED; 08/03/2018 – PHILIPS AND SAMSUNG TEAM UP; 17/05/2018 – KONINKLIJKE VOLKERWESSELS NV KVW.AS – CONTINUE TO SEE POSITIVE DEVELOPMENTS IN THE UK, DESPITE THE BREXIT UNCERTAINTIES; 09/05/2018 – KONINKLIJKE BOSKALIS WESTMINSTER NV BOSN.AS – IT IS NOT EXPECTED THAT 2017 NET RESULT WILL BE MATCHED; 17/04/2018 – FDA: Philips Medical Systems (Cleveland) Inc- Ingenuity Core – Model no. 728321, Computed Tomography X-Ray system Product Usage; 25/04/2018 – KONINKLIJKE BOSKALIS WESTMINSTER NV BOSN.AS – BASED ON CURRENT PLANS CONTRACT IS VALUED AT AROUND EUR 85 MLN

Community Trust & Investment Co, which manages about $667.70M US Long portfolio, decreased its stake in Markel Corp (NYSE:MKL) by 471 shares to 13,631 shares, valued at $14.15M in 2018Q4, according to the filing. It also reduced its holding in Boeing Co (NYSE:BA) by 1,975 shares in the quarter, leaving it with 55,729 shares, and cut its stake in Visa Inc (NYSE:V).

More notable recent BP p.l.c. (NYSE:BP) news were published by: Investorplace.com which released: “7 Energy Stocks to Buy Now – Investorplace.com” on March 25, 2019, also Seekingalpha.com with their article: “BP to exit China’s shale gas after poor drilling results – Reuters – Seeking Alpha” published on April 11, 2019, Seekingalpha.com published: “Oil refiners preparing for a boom – Bloomberg – Seeking Alpha” on March 18, 2019. More interesting news about BP p.l.c. (NYSE:BP) were released by: Seekingalpha.com and their article: “BP Is Offering High Production Growth, A 5.6% Dividend Yield And An Upcoming Dividend Hike – Seeking Alpha” published on March 19, 2019 as well as Fool.com‘s news article titled: “Shares of BP Prudhoe Bay Royalty Trust Plunge After Disappointing Dividend – The Motley Fool” with publication date: April 08, 2019.

Benin Management Corp, which manages about $278.88 million and $202.15 million US Long portfolio, decreased its stake in Schlumberger Ltd (NYSE:SLB) by 45,100 shares to 82,748 shares, valued at $2.99 million in 2018Q4, according to the filing. It also reduced its holding in Facebook Inc (NASDAQ:FB) by 3,935 shares in the quarter, leaving it with 7,870 shares, and cut its stake in United Parcel Service Inc (NYSE:UPS).

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