Pro-Kayne Anderson Energy Development Co Institutional Investors Sentiment Runs High in Q1 2018

June 19, 2018 - By Stephen Andrade

Sentiment for Kayne Anderson Energy Development Co (NYSE:KED)

Kayne Anderson Energy Development Co (NYSE:KED) institutional sentiment increased to 1.58 in Q1 2018. Its up 0.33, from 1.25 in 2017Q4. The ratio improved, as 19 hedge funds started new and increased stock positions, while 12 reduced and sold their stakes in Kayne Anderson Energy Development Co. The hedge funds in our partner’s database reported: 1.77 million shares, up from 1.63 million shares in 2017Q4. Also, the number of hedge funds holding Kayne Anderson Energy Development Co in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 6 Reduced: 6 Increased: 15 New Position: 4.

Kayne Anderson Energy Development Company is a close-ended balanced mutual fund launched and managed by KA Fund Advisors, LLC. The company has market cap of $186.12 million. The fund is co-managed by Kayne Anderson Capital Advisors, L.P. It currently has negative earnings. It invests in public equity and fixed income markets of the United States.

The stock increased 0.52% or $0.09 during the last trading session, reaching $17.27. About 21,722 shares traded. Kayne Anderson Energy Development Company (NYSE:KED) has declined 6.82% since June 19, 2017 and is downtrending. It has underperformed by 19.39% the S&P500.

Thomas J. Herzfeld Advisors Inc. holds 0.27% of its portfolio in Kayne Anderson Energy Development Company for 44,676 shares. Sit Investment Associates Inc owns 513,130 shares or 0.2% of their US portfolio. Moreover, Lakeview Capital Partners Llc has 0.19% invested in the company for 16,100 shares. The Ohio-based Camelot Portfolios Llc has invested 0.17% in the stock. Horizon Kinetics Llc, a New York-based fund reported 358,542 shares.

Another recent and important Kayne Anderson Energy Development Company (NYSE:KED) news was published by Globenewswire.com which published an article titled: “Kayne Anderson Energy Development Company Provides Unaudited Balance Sheet Information and Announces its …” on June 05, 2018.

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