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Stock impact report

Sullivan Wood Ownership Shift Highlights Energy Transfer Income And Risk Trade Off [Yahoo! Finance]

Kinder Morgan, Inc. (KMI) 
Last kinder morgan, inc. earnings: 4/22 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.kindermorgan.com
Company Research Source: Yahoo! Finance
Sullivan Wood Capital Management has more than doubled its stake in Energy Transfer, NYSE:ET. The position has become a significant holding in Sullivan Wood Capital Management's portfolio. This change in institutional ownership highlights increased confidence in Energy Transfer's long term prospects. Energy Transfer, NYSE:ET, is trading at $18.93, with the units up 14.1% year to date and 26.4% over the past year. Over a 3 year period, the units show a 93.3% return and over 5 years the return is 248.9%, which helps explain why major institutions are paying close attention. For investors watching price action, the recent 1% return over 30 days and 3.8% decline over the past week provide a short term backdrop to this larger ownership move. When an institutional investor makes a position a key holding and more than doubles its exposure, it can influence how other large investors think about the company. Readers can use this shift in ownership as one input, alongside their own res Show less Read more
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