Encompass Capital Advisors Increased Its Continental Resources (CLR) Stake by $46.66 Million; Brinker Capital Stake in British Amern Tob Plc (BTI) Upped by $848,400 as Share Value Rose

Continental Resources, Inc. (NYSE:CLR) Logo

Brinker Capital Inc increased its stake in British Amern Tob Plc (BTI) by 75.84% based on its latest 2019Q1 regulatory filing with the SEC. Brinker Capital Inc bought 20,200 shares as the company’s stock rose 4.16% with the market. The institutional investor held 46,835 shares of the farming and seeds and milling company at the end of 2019Q1, valued at $1.97 million, up from 26,635 at the end of the previous reported quarter. Brinker Capital Inc who had been investing in British Amern Tob Plc for a number of months, seems to be bullish on the $82.74 billion market cap company. The stock decreased 0.55% or $0.2 during the last trading session, reaching $36.29. About 1.22M shares traded. British American Tobacco p.l.c. (NYSEMKT:BTI) has declined 27.12% since July 14, 2018 and is downtrending. It has underperformed by 31.55% the S&P500. Some Historical BTI News: 21/05/2018 – BRITISH AMERICAN TOBACCO (MALAYSIA) BHD BATO.KL – QTRLY REVENUE 637.6 MLN RGT; 25/04/2018 – BRITISH AMERICAN TOBACCO – MAINLY DUE TO VOLUME SHIPMENT PHASING, PRICING IN SOME MARKETS, INCLUDING GCC AND RUSSIA, PROFIT GROWTH EXPECTED TO BE SKEWED TO H2; 25/04/2018 – BRITISH AMERICAN TOBACCO PLC – LOOKING FORWARD INTO 2018, FOREIGN CURRENCY EXCHANGE RATES ARE A HEADWIND FOR BUSINESS THIS YEAR; 21/05/2018 – BRITISH AMERICAN TOBACCO (MALAYSIA) BHD – YEAR AGO QTRLY REVENUE 748.4 MLN RGT, NET PROFIT 114.2 MLN RGT; 25/04/2018 – BRITISH AMERICAN TOBACCO- IF RATES FX WERE TO STAY AT CURRENT LEVELS, CO TO FACE TRANSLATIONAL FOREX HEADWIND OF 7% ON ORGANIC OPERATING PROFIT; 8% ON EPS; 09/03/2018 Detailed Research: Economic Perspectives on US Ecology, MDC Partners, British American Tobacco p.l.c, TRI Pointe Group, Cresud; 09/04/2018 – Fitch Affirms British American Tobacco at ‘BBB’; Outlook Stable

Encompass Capital Advisors Llc increased its stake in Continental Resources Inc (CLR) by 148.98% based on its latest 2019Q1 regulatory filing with the SEC. Encompass Capital Advisors Llc bought 1.06 million shares as the company’s stock declined 8.93% while stock markets rallied. The hedge fund held 1.77M shares of the energy company at the end of 2019Q1, valued at $79.35M, up from 711,855 at the end of the previous reported quarter. Encompass Capital Advisors Llc who had been investing in Continental Resources Inc for a number of months, seems to be bullish on the $15.44B market cap company. It closed at $40.99 lastly. It is down 38.24% since July 14, 2018 and is downtrending. It has underperformed by 42.67% the S&P500. Some Historical CLR News: 06/03/2018 – CONTINENTAL MOVING INTO FULL DEVELOPMENT OF ASSETS IN 2018; 08/05/2018 – CONTINENTAL RESOURCES INC CLR.N : CITIGROUP RAISES TARGET PRICE TO $65 FROM $62; 03/05/2018 – CONTINENTAL RESOURCES INC CLR.N CHIEF EXECUTIVE HAROLD HAMM SAYS OPEC, RUSSIAN EFFORTS HAVE HELPED REDUCE GLOBAL OVERSUPPLY OF CRUDE SINCE NOV 2016; 06/03/2018 – VELOCITY MIDSTREAM PARTNERS – MERGE PIPELINE WILL BE PLACED INTO OPERATION IN APRIL 2018; 03/05/2018 – Continental Resources at Morgan Stanley Conference May 7; 17/05/2018 – Continental Resources Announces Shelly Lambertz to Board of Directors; 03/05/2018 – Continental Resources’ Harold Hamm credits OPEC for boosting oil prices; 23/05/2018 – The Continental Resources CEO said his company will use a financial windfall from higher prices to shrink its debt load; 03/05/2018 – CONTINENTAL RESOURCES INC CLR.N SAYS BENEFITING FROM RISING OIL PRICES CLc1 AS IT DOES NOT HEDGE OIL PRODUCTION; 20/04/2018 – CONTINENTAL RESOURCES INC CLR.N : MORGAN STANLEY NAMES CO TOP PICK IN OIL & GAS EXPLORATION IN NORTH AMERICA

More notable recent British American Tobacco p.l.c. (NYSE:BTI) news were published by: Finance.Yahoo.com which released: “South Korea to exit Woori Financial Group by 2022 – Yahoo Finance” on June 24, 2019, also Seekingalpha.com with their article: “British American Tobacco: If Your Investment Is Going Up In Smoke, Do You Have The Discipline To Keep Buying? – Seeking Alpha” published on December 17, 2018, Seekingalpha.com published: “British American Tobacco: Second Chance For Investors Looking To Get Long – Seeking Alpha” on May 06, 2019. More interesting news about British American Tobacco p.l.c. (NYSE:BTI) were released by: Fool.com and their article: “Are These Bulls Right About Philip Morris International? – The Motley Fool” published on January 02, 2019 as well as Investorplace.com‘s news article titled: “The Run-Up in Altria Stock Isn’t Over Yet – Investorplace.com” with publication date: March 06, 2019.

Brinker Capital Inc, which manages about $16.19B and $2.64 billion US Long portfolio, decreased its stake in Select Sector Spdr Tr (XLF) by 12,620 shares to 20,389 shares, valued at $524,000 in 2019Q1, according to the filing. It also reduced its holding in Waste Mgmt Inc Del (NYSE:WM) by 9,016 shares in the quarter, leaving it with 60,844 shares, and cut its stake in Starbucks Corp (NASDAQ:SBUX).

Since February 21, 2019, it had 5 buys, and 0 selling transactions for $78.84 million activity. McNabb John T II bought $39,880 worth of stock or 1,000 shares.

Encompass Capital Advisors Llc, which manages about $1.18 billion and $1.34 billion US Long portfolio, decreased its stake in Select Energy Svcs Inc by 1.02 million shares to 862,056 shares, valued at $10.36 million in 2019Q1, according to the filing. It also reduced its holding in Tellurian Inc New by 1.53 million shares in the quarter, leaving it with 981,407 shares, and cut its stake in Apergy Corp.

More notable recent Continental Resources, Inc. (NYSE:CLR) news were published by: Seekingalpha.com which released: “Continental Resources: A Study In Contrasts – Seeking Alpha” on January 14, 2019, also Nasdaq.com with their article: “EnerCom Announces Further Presenting Companies at The Oil & Gas Conference® 2019 – Nasdaq” published on June 25, 2019, Seekingalpha.com published: “Insiders Buy CLR, KMI And Other Energy Stocks – So Should You – Seeking Alpha” on April 29, 2019. More interesting news about Continental Resources, Inc. (NYSE:CLR) were released by: Finance.Yahoo.com and their article: “Should You Be Impressed By Continental Resources, Inc.’s (NYSE:CLR) ROE? – Yahoo Finance” published on July 12, 2019 as well as Seekingalpha.com‘s news article titled: “Continental Resources -3% after SpringBoard project update – Seeking Alpha” with publication date: January 29, 2019.

Investors sentiment increased to 1 in Q1 2019. Its up 0.19, from 0.81 in 2018Q4. It increased, as 38 investors sold CLR shares while 98 reduced holdings. 50 funds opened positions while 86 raised stakes. 72.35 million shares or 5.28% less from 76.38 million shares in 2018Q4 were reported. Comml Bank Of Mellon Corp has invested 0.01% of its portfolio in Continental Resources, Inc. (NYSE:CLR). Barclays Public Limited Com reported 313,604 shares. Moreover, First Republic Investment Incorporated has 0.01% invested in Continental Resources, Inc. (NYSE:CLR) for 43,645 shares. Van Eck Associates accumulated 11,801 shares or 0% of the stock. Viking Fund Management Limited Liability Corporation holds 58,000 shares. Comml Bank Of America De stated it has 1.20M shares. Cambrian Ltd Partnership reported 96,050 shares. Quantbot Techs Lp accumulated 11,572 shares. The Georgia-based Invesco Limited has invested 0% in Continental Resources, Inc. (NYSE:CLR). Illinois-based Blair William And Il has invested 0.03% in Continental Resources, Inc. (NYSE:CLR). Legal General Group Inc Public Limited stated it has 0.01% of its portfolio in Continental Resources, Inc. (NYSE:CLR). Corecommodity Management Limited Liability holds 1.38% or 54,133 shares. Cwm Ltd Liability Corp holds 61,156 shares or 0.05% of its portfolio. Exane Derivatives owns 34 shares. Beddow Capital Management Inc reported 1.57% stake.

Continental Resources, Inc. (NYSE:CLR) Institutional Positions Chart

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