News Worms
News Worms


Summit Midstream Partners, LP (SMLP): Start Paying Attention to Revised Ratings

Summit Midstream Partners, LP (SMLP): Start Paying Attention to Revised Ratings

Condor Capital Mngmt accumulated 6,826 shares. The stock is expected to report revenue as high as $124.59M and as low as $85.5M per share.

Magellan Midstream Partners L.P. had a net margin of 35.16% and a return on equity of 41.17%. Joel Isaacson & Limited Liability Corp has 0.25% invested in Magellan Midstream Partners, L.P. (NYSE:MMP).

In other news, major shareholder Arclight Capital Partners, Llc sold 51,935 shares of the business's stock in a transaction that occurred on Monday, May 8th. Yorkville Capital Management Limited Liability reported 89,322 shares or 6.71% of all its holdings. Magellan Midstream Partners L.P. Fayez Sarofim And holds 0.01% or 12,678 shares. BB&T Securities LLC acquired a new position in Antero Midstream Partners during the first quarter valued at approximately $1,111,000. After $1.42 actual earnings per share reported by Arch Capital Group Ltd. for the previous quarter, Wall Street now forecasts -1.41% negative EPS growth. Trust Asset Mgmt Llc reported 75,462 shares. Invesco Limited reported 74,697 shares. It also upped Quanex Building Products Cor (NYSE:NX) stake by 93,439 shares and now owns 101,610 shares. Blackrock invested 0% of its portfolio in Magellan Midstream Partners, L.P. (NYSE:MMP).

Since March 31, 2017, it had 0 insider buys, and 1 insider sale for $76,526 activity. Bradley Foster & Sargent Inc sold 4,729 shares as Magellan Midstream Partners Lp (MMP)'s stock declined 7.68%. $786,700 worth of stock was sold by Korner Lisa J on Wednesday, February 8. Cullen Frost Bankers Incorporated has invested 0.04% in Magellan Midstream Partners, L.P. (NYSE:MMP).

Arclight Capital Partners Llc decreased its stake in Enable Midstream Partners Lp (ENBL) by 5.42% based on its latest 2016Q4 regulatory filing with the SEC. The company has market cap of $6.27 billion. The Company's segments include the Utica Shale, which includes its ownership interest in Ohio Gathering, as well as Summit Utica; the Williston Basin, which includes Bison Midstream, Polar and Divide and Tioga Midstream; the Marcellus Shale, which includes Mountaineer Midstream; the Barnett Shale, which includes DFW Midstream Services LLC (DFW Midstream), and the Piceance Basin /DJ Basins, which includes Grand River and Niobrara G&P. A common metric is a company's P/E Ratio.

The stock last traded at $20.20 just a bit lower than $23.23, the stock's 50 day moving average and which is just under the 200 day moving average of $24.18.

Following U.S. election volatility some analysts have updated their recommended target prices on shares of Cone Midstream Partners (NYSE:CNNX). It has underperformed by 13.15% the S&P500.

Viking Global Investors Lp decreased Lyondellbasell Industries N (NYSE:LYB) stake by 1.68 million shares to 2.29 million valued at $196.01 million in 2016Q4. Allison Transmission Holdings Inc (NYSE:ALSN) has risen 38.35% since July 7, 2016 and is uptrending.

Among 9 analysts covering Dominion Midstream Partners LP (NYSE:DM), 7 have Buy rating, 1 Sell and 1 Hold. RMP's profit would be $34.90 million giving it 14.76 P/E if the $0.34 EPS is correct. This is assuming the current $0.92 EPS is accurate. Martin Midstream Partners L.P. (NASDAQ:MMLP) has declined 14.95% since July 7, 2016 and is downtrending. Magellan Midstream Partners L.P. has an average rating of "Hold" and an average price target of $78.97. Zacks Investment Research lowered Enable Midstream Partners, from a "buy" rating to a "hold" rating in a research report on Thursday, February 23rd. Therefore 29% are positive. The stock notched a 12-month high of $26.30 while $31.00 target is by far the most aggressive out of analysts who are now evaluating the company, $4.7 higher than the next highest 52-week price estimate. $77.40's average target is 10.59% above currents $69.99 stock price. Macquarie assumed coverage on Magellan Midstream Partners L.P.in a research report on Friday, April 21st. The firm issued a hold rating and a $73.00 price target on the pipeline company's stock. (NYSE:MMP), 9 have Buy rating, 1 Sell and 10 Hold. RBC Capital Markets has "Buy" rating and $1800 target. Raymond James maintained the shares of MMP in report on Saturday, August 8 with "Buy" rating. The rating was maintained by Deutsche Bank on Wednesday, November 18 with "Buy". On August 18 Barclays left the company rating at "Equal-weight" but moved down the price target from $37.00 to $25.00. Two investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. The firm earned "Hold" rating on Thursday, March 17 by BBT.

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