22 May, 2017
Finally, Stifel Nicolaus lowered Martin Midstream Partners L.P. from a "buy" rating to a "hold" rating and set a $20.00 target price on the stock.in a research note on Friday, April 28th. The firm earned "Hold" rating on Tuesday, November 29 by SunTrust. The stock now has a consensus rating of "Hold" and a consensus target price of $79.57.
Several analysts recently commented on CNNX shares. Zacks Investment Research cut shares of Penntex Midstream Partners from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 1st.
Turning to PennTex Midstream Partners, LP (NASDAQ:PTXP), its shares were trading at $19.88 a gain of $3.23, on the trading floor. The stock of Penntex Midstream Partners LP (NASDAQ:PTXP) has "Market Perform" rating given on Friday, January 15 by Wells Fargo.
The company's consensus rating on Reuter's scale improved from 2.18 to 2.64 during a month. (NYSE:MMP) opened at 74.01 on Monday. The firm has a 50-day moving average of $19.37 and a 200-day moving average of $18.53. The stock has a market cap of $715.21 million, a price-to-earnings ratio of 26.92 and a beta of 1.35.
Magellan Midstream Partners, L.P. has a 52-week low of $64.25 and a 52-week high of $81.77. The ex-dividend date of this dividend is Wednesday, May 3rd.
EnLink Midstream Partners, LP is a midstream company. The business had revenue of $253.33 million during the quarter, compared to analyst estimates of $229.84 million. The pipeline company reported $0.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.26 by $0.10. The company's revenue was up 56.9% compared to the same quarter a year ago. GlycoMimetics, Inc. now has an average analyst recommendation of 1.40 according to analysts.
The company also recently disclosed a quarterly dividend, which was paid on Monday, May 15th. Stockholders of record on Monday, May 8th were paid a dividend of $0.50 per share. This represents a $1.18 dividend on an annualized basis and a yield of 5.94%. Martin Midstream Partners L.P. posted sales of $190.35 million during the same quarter last year, which would indicate a positive year over year growth rate of 8.6%. Magellan Midstream Partners, L.P.'s dividend payout ratio (DPR) is 97.44%. If you are accessing this story on another domain, it was stolen and republished in violation of worldwide copyright and trademark legislation.
Renaissance Technologies LLC purchased a new position in shares of Penntex Midstream Partners LP (NASDAQ:PTXP) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
Institutional investors and hedge funds own 80.06% of the company's stock. Creative Planning now owns 54,487 shares of the pipeline company's stock valued at $1,286,000 after buying an additional 24,214 shares during the period. Ameriprise Financial Inc. raised its stake in shares of Martin Midstream Partners L.P.by 61.1% in the first quarter. The company was maintained on Friday, August 14 by Barclays Capital. Finally, Texas Yale Capital Corp. raised its stake in shares of Martin Midstream Partners L.P.by 39.8% in the first quarter. Oakview Capital Management L.P. purchased a new position in shares of CONE Midstream Partners during the fourth quarter valued at about $15,014,000. The average volume of a stock suggests the liquidity of a particular company. The Company's business activities are conducted through its subsidiary, EnLink Midstream Operating, LP and the subsidiaries of the Operating Partnership. The Company owns, operates, develops and acquires natural gas gathering and other midstream energy assets to service CONSOL's and Noble Energy's production in the Marcellus Shale in Pennsylvania and West Virginia.
