Quinn Opportunity Partners LLC Has $163,000 Holdings in StoneMor Partners L.P. (NYSE:STON)

Quinn Opportunity Partners LLC reduced its stake in StoneMor Partners L.P. (NYSE:STON) by 64.8% during the second quarter, according to its most recent filing with the SEC. The fund owned 17,198 shares of the company’s stock after selling 31,702 shares during the quarter. Quinn Opportunity Partners LLC’s holdings in StoneMor Partners L.P. were worth $163,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Crescent Grove Advisors LLC purchased a new position in shares of StoneMor Partners L.P. in the 2nd quarter worth about $139,000. Ameriprise Financial Inc. bought a new stake in StoneMor Partners L.P. in the 1st quarter valued at about $126,000. KCG Holdings Inc. bought a new stake in StoneMor Partners L.P. in the 1st quarter valued at about $186,000. Creative Planning increased its position in shares of StoneMor Partners L.P. by 19.8% during the second quarter. Creative Planning now owns 26,258 shares of the company’s stock valued at $248,000 after buying an additional 4,333 shares during the period. Finally, Goldman Sachs Group Inc. bought a new stake in shares of StoneMor Partners L.P. during the first quarter valued at about $225,000. 24.61% of the stock is currently owned by institutional investors.

Several research analysts recently weighed in on the stock. Citigroup Inc. cut shares of StoneMor Partners L.P. from an “outperform” rating to a “market perform” rating in a research report on Monday, July 17th. BidaskClub cut shares of StoneMor Partners L.P. from a “buy” rating to a “hold” rating in a research report on Sunday, July 16th. UBS AG lowered StoneMor Partners L.P. from an “outperform” rating to a “market perform” rating in a research note on Monday, July 17th. FBR & Co reissued a “marketperform” rating on shares of StoneMor Partners L.P. in a research note on Tuesday, July 11th. Finally, Raymond James Financial, Inc. lowered StoneMor Partners L.P. from an “outperform” rating to a “market perform” rating in a research note on Monday, July 17th. Seven analysts have rated the stock with a hold rating, StoneMor Partners L.P. has a consensus rating of “Hold” and an average price target of $12.00.

StoneMor Partners L.P. (STON) traded down 4.16% during midday trading on Friday, hitting $6.22. The company had a trading volume of 61,972 shares. The stock’s market capitalization is $220.81 million. StoneMor Partners L.P. has a 52 week low of $5.75 and a 52 week high of $25.56. The stock has a 50 day moving average price of $6.46 and a 200-day moving average price of $8.29.

ILLEGAL ACTIVITY WARNING: This piece of content was first published by BBNS and is the property of of BBNS. If you are viewing this piece of content on another site, it was copied illegally and reposted in violation of US and international copyright laws. The legal version of this piece of content can be read at https://baseballnewssource.com/markets/quinn-opportunity-partners-llc-sells-31702-shares-of-stonemor-partners-l-p-ston/1601951.html.

StoneMor Partners L.P. Profile

StoneMor Partners L.P. owns and operates cemeteries and funeral homes. The Company operates through two segments: Cemetery Operations and Funeral Homes. Its Cemetery Operations segment sells interment rights, caskets, burial vaults, cremation niches, markers and other cemetery related merchandise. Its Funeral Homes segment offers a range of services, including family consultation, final expense insurance products, the removal and preparation of remains, provision of caskets and related funeral merchandise, the use of funeral home facilities for visitation, worship and performance of funeral services, and transportation services.

Institutional Ownership by Quarter for StoneMor Partners L.P. (NYSE:STON)

Receive News & Ratings for StoneMor Partners L.P. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for StoneMor Partners L.P. and related companies with our FREE daily email newsletter.

 


Latest News

Young Girl Hit by Foul Ball Rushed to Hospital
Young Girl Hit by Foul Ball Rushed to Hospital
New Home Run Record Reached in Major League Baseball
New Home Run Record Reached in Major League Baseball
Will 2017 MLB Season End with No 20-Game Winner?
Will 2017 MLB Season End with No 20-Game Winner?
Cleveland Indians Winning Streak Snapped at 22
Cleveland Indians Winning Streak Snapped at 22
Tigers Player Might Play All Nine Positions During Same Game
Tigers Player Might Play All Nine Positions During Same Game
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster


Leave a Reply

 
© 2006-2017 BBNS.