Kayne Anderson Energy Development Co. (KED) Stake Lifted by Camelot Portfolios LLC

Camelot Portfolios LLC lifted its position in shares of Kayne Anderson Energy Development Co. (NYSE:KED) by 22.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,093 shares of the investment management company’s stock after purchasing an additional 4,376 shares during the period. Camelot Portfolios LLC owned about 0.22% of Kayne Anderson Energy Development worth $419,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. lifted its position in Kayne Anderson Energy Development by 13.5% in the second quarter. Ameriprise Financial Inc. now owns 18,280 shares of the investment management company’s stock valued at $331,000 after acquiring an additional 2,174 shares during the last quarter. Sit Investment Associates Inc. increased its stake in Kayne Anderson Energy Development by 76.4% in the third quarter. Sit Investment Associates Inc. now owns 223,394 shares of the investment management company’s stock valued at $3,871,000 after purchasing an additional 96,734 shares during the period. Lakeview Capital Partners LLC acquired a new position in Kayne Anderson Energy Development in the third quarter valued at $262,000. Advisor Group Inc. increased its stake in Kayne Anderson Energy Development by 18.1% in the third quarter. Advisor Group Inc. now owns 55,513 shares of the investment management company’s stock valued at $962,000 after purchasing an additional 8,525 shares during the period. Finally, Legal & General Group Plc increased its stake in Kayne Anderson Energy Development by 19.5% in the third quarter. Legal & General Group Plc now owns 31,059 shares of the investment management company’s stock valued at $540,000 after purchasing an additional 5,071 shares during the period.

Kayne Anderson Energy Development Co. (KED) opened at $17.32 on Friday. Kayne Anderson Energy Development Co. has a one year low of $14.10 and a one year high of $20.39. The company has a market cap of $186.05, a price-to-earnings ratio of -13.53 and a beta of 1.20.

ILLEGAL ACTIVITY WARNING: This news story was originally posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are accessing this news story on another website, it was stolen and republished in violation of US and international copyright and trademark legislation. The legal version of this news story can be accessed at https://www.dispatchtribunal.com/2018/02/17/camelot-portfolios-llc-purchases-4376-shares-of-kayne-anderson-energy-development-co-ked.html.

Kayne Anderson Energy Development Profile

Kayne Anderson Energy Development Company is a non-diversified, closed-end fund. The Fund’s investment objective is to generate both current income and capital appreciation, through equity and debt investments. It seeks to achieve this objective by investing approximately 80% of its total assets in securities of companies that derive their revenue from activities in the energy industry, including midstream energy companies, which operates assets used to gather, transport, process, treat, terminal and store natural gas, natural gas liquids, crude oil or refined petroleum products; upstream energy companies, which are engaged in the exploration, extraction and production of natural resources, including natural gas, natural gas liquids and crude oil, from onshore and offshore geological reservoirs, and other energy companies, which are engaged in owning, leasing, managing, producing, processing and selling of coal and coal reserves.

Institutional Ownership by Quarter for Kayne Anderson Energy Development (NYSE:KED)

Receive News & Ratings for Kayne Anderson Energy Development Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kayne Anderson Energy Development and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply