Plains All American Pipeline, LP (paa) Announces Quarterly Dividend of $0.55

Author

28 May, 2017

ING Groep NV now owns 2,089,500 shares of the pipeline company's stock worth $66,049,000 after buying an additional 1,171,500 shares in the last quarter. Goodwin Daniel L sold 94,755 shares as Plains All Amern Pipeline L (PAA)'s stock 0.00%. (NYSE:PAA) traded up 2.24% during trading on Friday, hitting $27.83. Herbalife Ltd. (NYSE:HLF) has risen 13.89% since October 6, 2016 and is uptrending.

During the latest trading session Plains All American Pipeline, L.P. (NYSE:PAA) stock went up with a prior 52-week high of $32.77.During the session shares traded on above-average volume. It has underperformed by 23.47% the S&P500.

Since December 1, 2016, it had 0 buys, and 3 selling transactions for $6.14 million activity. 65,000 shares were sold by Swanson Al, worth $2.13M on Thursday, December 1. 10,000 shares were sold by MCGEARY RODERICK C, worth $340,700. About 194,275 shares traded. $537,050 worth of Cisco Systems, Inc. (NYSE:DAL) shares were sold by West W Gilbert. Crosslink Inc owns 228,362 shares for 4.15% of their portfolio. Marquette Asset accumulated 50,943 shares or 0.71% of the stock. This is a near-term outlook for the coming 12-18 months. Herbalife had 12 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has "Neutral" rating by Credit Suisse given on Thursday, November 5. The firm has "Hold" rating by Zacks given on Monday, August 10. The rating was downgraded by Vetr to "Buy" on Monday, August 31.

Investors sentiment decreased to 0.73 in 2016 Q4. Its down 0.02, from 1.09 in 2016Q3. 7 funds opened positions while 2 raised stakes. Palo Capital Incorporated invested in 0.41% or 21,806 shares. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. 832,682 were reported by Bluefin Trading Limited Co. Vantage Llc holds 0% or 120 shares in its portfolio. (NASDAQ:CSCO) for 62,781 shares.

The number of shares now held by investors is 723.4 Million. (NYSE:DAL) shares with value of $5.23 million were sold by Bastian Edward H. Another trade for 1,970 shares valued at $99,924 was made by Smith Joanne D on Friday, December 16. Cypress Capital Management Limited Company owns 231,325 shares for 1.84% of their portfolio. Miracle Mile Advisors Ltd Liability Company owns 7,924 shares. Harvest Fund Advisors Llc, a Pennsylvania-based fund reported 19.35 million shares.#img1#. Liberty Cap Mngmt invested 0.74% of its portfolio in Delta Air Lines, Inc. Bradley Foster & Sargent Inc. Thrivent For Lutherans reported 0.92% stake. Travelers holds 979,400 shares.

Analysts await Expedia Inc (NASDAQ:EXPE) to report earnings on July, 27 after the close. During the same quarter in the previous year, the company earned $0.45 earnings per share. EXPE's profit will be $90.54 million for 59.48 P/E if the $0.60 EPS becomes a reality. Clearbridge Investments Limited Liability Company reported 0.25% in Plains All American Pipeline, L.P. (NYSE:PAA).

Investors sentiment decreased to 0.84 in Q4 2016. Its up 0.19, from 0.56 in 2016Q3. Plains All American Pipeline, L.P. has a payout ratio of 135.0% meaning the company can not now cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. 282.62 million shares or 3.33% more from 273.52 million shares in 2016Q3 were reported. Royal Bank of Canada reissued a "neutral" rating on shares of Plains All American Pipeline, L.P.in a report on Friday, February 10th. National Bank & Trust Of America De stated it has 4,000 shares. Hartford Mgmt accumulated 0.76% or 39,595 shares. It also reduced Allergan Plc stake by 968,023 shares and now owns 2,977 shares. On average, analysts expect that Plains All American Pipeline, L.P. will post $1.59 earnings per share for the current year. Plains All American Pipeline, L.P. (NYSE:PAA) has declined 12.82% since October 6, 2016 and is downtrending. Wunderlich reinitiated Plains All American Pipeline, L.P. (NYSE:PAA) on Wednesday, August 31 with "Hold" rating. Millennium Management Limited reported 479,754 shares. The ratio is negative, as 147 institutional investors opened new or increased stock positions, while 174 reduced and sold their stock positions in Plains All American Pipeline LP. Advantus Cap Inc reported 26,400 shares stake. Scotiabank restated a "buy" rating and set a $36.00 target price on shares of Plains All American Pipeline, L.P.in a research note on Thursday, April 27th. Therefore 36% are positive.

10/13/2016 - Plains All American Pipeline, L.P. was upgraded to " by analysts at Piper Jaffray. The stock has "Sector Perform" rating by RBC Capital Markets on Thursday, April 28. On Wednesday, January 13 the stock rating was downgraded by JP Morgan to "Neutral". The company has market cap of $35.93 billion. The firm has "Sector Outperform" rating by Scotia Capital given on Monday, August 24. The mean target of $34.00 should be compared with the price when the stock was languishing around $20.17 a share. FMR LLC boosted its stake in shares of Plains All American Pipeline, L.P.by 350.2% in the fourth quarter. The stock, after opening at $9.96, closed at $9.33 by scoring -5.76%.

Receive Plains All American Pipeline, L.P. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Plains All American Pipeline, L.P. with MarketBeat.com's FREE daily email newsletter.


More news


  • Djokovic excited by 'new vibe' with Agassi

    Djokovic excited by 'new vibe' with Agassi

    Novak Djokovic's partnership with Andre Agassi actually started with a thank you phone call from the Serb. Murray has won four and lost four of his clay court matches this season, losing three of his last four.
    Zakaria: How Saudi Arabia played Donald Trump

    Zakaria: How Saudi Arabia played Donald Trump

    Obama improved the United States' relationship with Iran , a Shiite power that is in conflict with Saudi Arabia and Israel. US President Donald Trump condemned the suicide bomber responsible for the Manchester arena atrocity as an "evil loser".
    Preliminary report rules out gangrape of 4 women on UP highway

    Preliminary report rules out gangrape of 4 women on UP highway

    As they are the victims of robbery and murder, so on humanity grounds, they will be given some days to come out of that trauma". The women also narrated their ordeal to a member from the National Commission for Women (NCW) who visited Jewar on Saturday.
  • Underdog Cavaliers insist they have plenty of bite for NBA Finals

    Underdog Cavaliers insist they have plenty of bite for NBA Finals

    They've already proven who they are, and there's no longer a doubt whether or not this season was a success - it was. Between these two juggernaut basketball teams, they went a combined 24-1 in their 2017 NBA playoff series.
    LEADING OFF: Braves await Freeman results, Rox-Twins play 2

    LEADING OFF: Braves await Freeman results, Rox-Twins play 2

    Eleven of the 14 runs that Santana has allowed this year have come in his past two home appearances. Tuesday marked just the second time since the park opened in 2010 that the Rockies paid a visit.

    Trump takes U.S. to brink of climate isolation at G7

    Six of the countries agreed to support the Paris climate change agreement; Trump tweeted he will decide next week. French President Emmanuel Macron praised Mr Trump's "capacity to listen" and his "intention to progress with us".
  • LeGarrette Blount joins the Eagles on 1-year contract

    LeGarrette Blount joins the Eagles on 1-year contract

    But not every team shied away from the inflated financials and, as it turns out, Blount will be coming to the NFC East anyway. Blount, though, was insistent Thursday that he felt like he was joining a team ready-made for contention.

    Ariana Grande to perform benefit concert for Manchester attack victims

    Shortly after, Queen Elizabeth arrived at Royal Manchester Children's Hospital to visit some of the 64 people who were injured. Hafidah was close with Salman Abedi's brother Hashem.
    Farah, Bowie and Baker win at Prefontaine Classic

    Farah, Bowie and Baker win at Prefontaine Classic

    Rio silver medallist Will Claye leaped a wind-aided 18.05m for second as he and Taylor duelled for top honours. So how did Tori Bowie approach that? "I executed my plan and it went well".
  • LeBron James surpasses Michael Jordan as NBA playoffs leading scorer

    Instead, it signals a team that is light years ahead of Boston from a talent perspective, with or without Isaiah Thomas . Horford, who averaged just 12.4 points and 4.2 rebounds in the series, figures to definitely be in the long-term plans.
    Hall of Fame pitcher, former US Senator Jim Bunning dies

    Hall of Fame pitcher, former US Senator Jim Bunning dies

    In February 2010, he single-handedly held up a $10 billion spending bill in Congress because it would add to the deficit. Before entering politics, Bunning was known for his career as a pitcher in Major League Baseball.

    British Airways hit by global IT system outage

    This comes after passengers at Gatwick Airport faced chaotic scenes and long queues due to a baggage system problem on Friday. Passengers at Heathrow reported long lines at check-in counters, flight delays and failures of BA's website and mobile app.