How Analysts Feel About Western Gas Equity Partners LP (NYSE:WGP)?

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01 July, 2017

NY now owns 48,136 shares of the pipeline company's stock worth $2,219,000 after buying an additional 170 shares during the last quarter. Sterling Capital Mngmt Limited Company holds 0% in Western Gas Equity Partners LP (NYSE:WGP) or 9,983 shares. Fedex Corp now has $56.41B valuation.

The stock increased 1.89% or $0.79 on June 16, reaching $42.49. It becomes significant when you consider how many shares are shorted versus the average daily volume, means how many days to cover those short shares at that volume. Alps Advisors Inc. increased its position in shares of Western Gas Partners, by 2.4% in the third quarter. It has outperformed by 34.77% the S&P500. Bank of America Corporation upgraded Western Gas Equity Partners, from an underperform rating to a neutral rating and boosted their target price for the stock from $41.00 to $46.00 in a research note on Monday, February 27th. Therefore 60% are positive. About shares traded. Western Gas Partners, LP (NYSE:WES) has risen 10.32% since June 21, 2016 and is uptrending. The stock has "Market Perform" rating by Wood on Wednesday, April 19. On Monday, October 10 the stock rating was maintained by with "Equal-Weight". The company was downgraded on Thursday, January 28 by Stifel Nicolaus. The stock of Western Gas Equity Partners LP (NYSE:WGP) has "Outperform" rating given on Friday, April 21 by Macquarie Research. The rating was initiated by Buckingham Research with "Neutral" on Thursday, May 12. The firm has "Hold" rating by Wunderlich given on Wednesday, January 20. The firm earned "Neutral" rating on Thursday, November 5 by Citigroup. On Friday, August 14 the stock rating was maintained by JP Morgan with "Neutral". Guggenheim analysts stated on 18/04/2017 that they launched coverage on this stock with Buy rating. As per Monday, January 18, the company rating was downgraded by Wells Fargo. The stock notched a 12-month high of $65.88 while $73.00 target is by far the most aggressive out of analysts who are now evaluating the company, $7.12 higher than the next highest 52-week price estimate. Cibc Asset Mngmt owns 7,008 shares for 0% of their portfolio. Apple Inc (NASDAQ:AAPL) was reduced too. Its the same as in 2016Q3. Also, there are 1 buy, 1 sell and 0 strong sell ratings, collectively assigning a 1.8 average brokerage recommendation. Credit Suisse Ag holds 826,425 shares. Blackrock Japan has 412,549 shares. Royal Bancorp Of Canada reported 11,449 shares or 0% of all its holdings. Nonetheless, from here on out, earnings per share forecasts for the current quarter are $0.49. Spinnaker invested 0.34% in FedEx Corporation (NYSE:FDX). Glenview Bancorporation Trust Dept, a Illinois-based fund reported 17,158 shares. About shares traded. American Realty Investors, Inc. 135,000 shares valued at $25.52M were sold by SMITH FREDERICK W on Tuesday, May 2. Western Gas Equity Partners, had a net margin of 17.55% and a return on equity of 8.34%. The company has market cap of $8.77 billion.

Another recent and important Western Gas Partners, LP (NYSE:WES) news was published by Prnewswire.com which published an article titled: "Western Gas To Present At Upcoming Master Limited Partnership Association ..." on May 25, 2017. It has a 33.3 P/E ratio. The Company is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, natural gas liquids (NGLs) and crude oil in the United States. The legal version of this story can be viewed at https://www.themarketsdaily.com/2017/06/22/bidaskclub-lowers-western-gas-equity-partners-lp-wgp-to-strong-sell-updated.html. It has underperformed by 6.38% the S&P500.

Investors sentiment decreased to 1.12 in 2016 Q4. Its up 0.03, from 0.9 in 2016Q3.

Cypress Wealth Advisors LLC decreased its stake in Western Gas Partners, LP (NYSE:WES) by 4.0% during the first quarter, Holdings Channel reports. Linscomb & Williams Inc. raised its position in Western Gas Equity Partners, by 0.4% in the first quarter. Magee Thomson Invest Prtn Limited holds 0% of its portfolio in I.D. Systems, Inc.

Last time, the company failed Wall Street by reporting EPS of $0.00, smashing the consensus of $0.58 per share.

ILLEGAL ACTIVITY NOTICE: "Western Gas Equity Partners, (WGP) Getting Somewhat Favorable News Coverage, Study Finds" was originally reported by Transcript Daily and is the sole property of of Transcript Daily. Forward Management Ltd Liability has invested 0.01% in Western Gas Partners, LP (NYSE:WES).

Western Gas Equity Partners, (NYSE:WGP) last posted its earnings results on Tuesday, May 2nd. U S Investors reported 20,900 shares. Hbk Limited Partnership has invested 0.01% in Interactive Brokers Group, Inc. Chickasaw Capital Management Ltd has 5.12M shares. Lpl Ltd Company stated it has 31,042 shares or 0% of all its holdings.

OppenheimerFunds Inc. decreased its stake in Western Gas Partners, LP (NYSE:WES) by 3.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).


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