Shell Midstream Partners, L.P. (NYSE:SHLX) Reviewed By Analysts
- Author: Zachary Reyes Jun 03, 2017,
Jun 03, 2017, 15:01
Center Coast Capital Advisors LP now owns 2,115,744 shares of the pipeline company's stock valued at $162,722,000 after buying an additional 85,815 shares during the last quarter. (MMP) traded down 0.52% during midday trading on Friday, hitting $72.31. About 124,715 shares traded. American International Group Inc (NYSE:AIG) has risen 8.59% since June 2, 2016 and is uptrending. It has outperformed by 33.46% the S&P500. The Company provides midstream infrastructure that links producers of natural gas, crude oil, natural gas liquids (NGLs), condensate and specialty chemicals to numerous intermediate and end-use markets. The company has market cap of $1.46 billion.
09/01/2016 - Janney Montgomery Scott began new coverage on Cone Midstream Partners giving the company a "buy" rating. Checking in on some other ratios, the company has a Price to Cash Flow ratio of 12.584670, and a current Price to Earnings ratio of 77.867726. North Star Investment Management Corp.'s holdings in Magellan Midstream Partners, L.P. were worth $169,000 as of its most recent SEC filing. They expect $0.11 earnings per share, up 1,000.00% or $0.10 from last year's $0.01 per share. Easy to calculate and understand, P/E is an extremely common ratio that is used to compare valuations of stocks against each other relatively. On average, equities research analysts anticipate that Rice Midstream Partners will post $1.50 EPS for the current year.
Among 7 analysts covering Zillow Inc (NASDAQ:Z), 3 have Buy rating, 0 Sell and 4 Hold. Therefore 73% are positive. Zacks Investment Research raised Rice Midstream Partners from a "hold" rating to a "buy" rating and set a $29.00 target price for the company in a report on Wednesday, May 3rd. DA Davidson also issued estimates for Antero Midstream Partners' Q4 2017 earnings at $0.44 EPS and FY2019 earnings at $3.78 EPS.
On 1/4/2017 Gerald A Tywoniuk, Director, sold 1,510 with an average share price of $18.26 per share and the total transaction amounting to $27,572.60.
Ratings analysis reveals 40% of Magellan Midstream's analysts are positive.
Advisory Research Inc decreased its stake in Magellan Midstream Partners L (MMP) by 51.27% based on its latest 2016Q4 regulatory filing with the SEC. The stock has "Neutral" rating by Macquarie Research on Friday, April 21. The rating was upgraded by Credit Suisse on Friday, August 7 to "Neutral". It has underperformed by 35.26% the S&P500. The firm has "Outperform" rating by Credit Suisse given on Monday, August 10. The rating was downgraded by Wells Fargo to "Market Perform" on Monday, January 18. Advisory Research Inc sold 2.36 million shares as the company's stock declined 7.68% while stock markets rallied. They expect $0.92 EPS, up 12.20% or $0.10 from last year's $0.82 per share. ENLK's profit will be $6.97M for 209.38 P/E if the $0.02 EPS becomes a reality. Its up 0.29, from 0.83 in 2016Q3. 161 funds opened positions while 382 raised stakes. Finally, Allianz Asset Management AG increased its position in CONE Midstream Partners by 2.9% in the fourth quarter. 17,605 are held by Meeder Asset Mngmt Inc.
At the time of writing, Shell Midstream Partners, L.P. (NYSE:SHLX) has a Piotroski F-Score of 3. Cypress Mgmt Ltd Limited Liability Company (Wy) holds 100 shares or 0% of its portfolio. First Foundation Advisors invested in 0.02% or 3,347 shares. Renaissance Tech Ltd Liability owns 341,800 shares. Natl Planning accumulated 11,615 shares. Lakeview Cap Ptnrs Ltd Liability Com owns 7,804 shares or 0.5% of their U.S. portfolio. Finally, Brookfield Asset Management Inc. increased its stake in shares of Rice Midstream Partners by 94.7% in the first quarter. Steinberg Glob Asset Management owns 10,856 shares for 0.14% of their portfolio.
Since March 31, 2017, it had 0 insider purchases, and 1 insider sale for $76,526 activity. 249 shares were sold by Hogan Kevin T., worth $16,380 on Friday, December 9. RODIN JUDITH had sold 2,999 shares worth $173,207 on Monday, February 6. SYNT's SI was 3.42M shares in June as released by FINRA. 23,849 shares valued at $1.88M were sold by Brennan Troyen A on Tuesday, March 21. $423,979 worth of Citigroup Inc (NYSE:C) was sold by MURRAY JOSEPH MICHAEL on Thursday, February 16. The company had a trading volume of 520,633 shares.
The Q.i. Value ranks companies using four ratios. Eight investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock.
Analysts await PolyOne Corporation (NYSE:POL) to report earnings on July, 26. KeyBanc Capital Markets downgraded the shares of C in report on Tuesday, January 5 to "Sector Weight" rating. Deutsche Bank has "Hold" rating and $17 target. The firm has "Buy" rating given on Thursday, September 10 by Suntrust Robinson. JP Morgan maintained the shares of MMP in report on Monday, May 16 with "Neutral" rating. As per Thursday, July 2, the company rating was maintained by Barclays Capital. The rating was upgraded by Stifel Nicolaus on Tuesday, August 11 to "Hold". The rating was maintained by Guggenheim on Wednesday, April 19 with "Neutral". It also reduced Disney Walt Holding Co (NYSE:DIS) stake by 5,000 shares and now owns 9,563 shares.
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