15 July, 2017
The Cushing Asset Management Lp holds 120,000 shares with $3.35 million value, down from 170,000 last quarter. Kayne Anderson Capital Advisors LP raised its position in shares of Ngl Energy Partners Lp by 300.6% in the first quarter. The transaction related to this sale was declared in a document with the SEC which is accessible through this hyperlink. executives unloaded 477,653 stocks of company shares worth at $6,541,910 in the previous ninety days. About 318,933 shares traded.
Ngl Energy Partners Lp (NYSE:NGL) last posted its earnings results on Thursday, May 25th. It has outperformed by 61.46% the S&P500.
Spectra Energy Partners, L.P. through its subsidiaries and equity affiliates, is engaged in the transmission, storage and gathering of natural gas, the transportation and storage of crude oil, and the transportation of natural gas liquids. Two brokerage firms recommended the company shares with a sell recommendation, two have issued a hold recommendation and around three have issued a buy recommendation to the share. Therefore 43% are positive. Sotheby's had 13 analyst reports since July 28, 2015 according to SRatingsIntel. As per Tuesday, August 11, the company rating was downgraded by Zacks. The company was upgraded on Monday, January 11 by Barclays Capital. Morgan Stanley upgraded the stock to "Overweight" rating in Monday, January 18 report. The firm has "Buy" rating given on Tuesday, November 1 by Tudor Pickering. The company was reinitiated on Wednesday, January 18 by Citigroup. The firm has "Buy" rating given on Friday, September 11 by Goldman Sachs. Spectra Energy Partners, LP (NYSE:SEP) has declined 3.32% since July 14, 2016 and is downtrending. Its down 0.16, from 0.98 in 2016Q3. Blackrock Advsr Limited Liability Co holds 59,423 shares or 0% of its portfolio. Tiaa Cref Investment Mngmt Ltd Limited Liability Company has 216,986 shares for 0% of their portfolio. Tru Of Vermont has 295,777 shares. 11,960 are owned by Gould Asset Mgmt Ltd Liability Corporation Ca. Point72 Asia (Hong Kong) Ltd accumulated 1,056 shares. Similar statistics are true for the second largest owner, Cushing Asset Management, Lp, which owns 9,657,145 shares of the stock are valued at $131.82 million. United Kingdom-based Ahl Prtn Llp has invested 0.29% in Sothebys (NYSE:BID). Northern Tru Corp holds 779,754 shares or 0.01% of its portfolio. Hutchin Hill L P has 802,487 shares. Asset Management reported 0.02% of its portfolio in Spectra Energy Partners, LP (NYSE:SEP). It has underperformed by 16.70% the S&P500. The Company's assets consist primarily of producing and non-producing oil, NGL and natural gas reserves located in approximately seven producing areas, which include Midwest (Michigan, Indiana and Kentucky); Ark-La-Tex (Arkansas, Louisiana and East Texas); Permian Basin in Texas and New Mexico; Mid-Continent (Oklahoma, Kansas and the Texas Panhandle); Rockies (Wyoming and Colorado); Southeast (Florida and Alabama), and California. The company has a market cap of $1.65 billion, a price-to-earnings ratio of 14.37 and a beta of 0.53. The institutional investor owned 3,980,011 shares of the oil and gas company's stock after buying an additional 169,522 shares during the period.
Since May 31, 2017, it had 0 insider purchases, and 5 insider sales for $8.26 million activity. On Thursday, June 8 Highstar Capital IV - L.P. sold $315,000 worth of NGL Energy Partners LP (NYSE:NGL) or 25,000 shares. Zacks Investment Research raised shares of Ngl Energy Partners Lp from a "strong sell" rating to a "hold" rating in a research report on Tuesday, April 18th. Therefore 63% are positive. Stifel Nicolaus upgraded NGL Energy Partners LP (NYSE:NGL) on Tuesday, August 11 to "Hold" rating. The rating was maintained by FBR Capital with "Hold" on Monday, May 29.
Stocks of Ngl Energy Partners (NYSE:NGL) transacted up 4.09% throughout intraday market trading on early Tue, reaching $14.00. the firms shares had a trading volume of 1,373,813 Stocks. Moreover, Miller Howard Invs Ny has 0.06% invested in NGL Energy Partners LP (NYSE:NGL). Stifel Nicolaus maintained Sothebys (NYSE:BID) rating on Tuesday, November 10. Ngl Energy Partners Lp has an average rating of "Hold" and an average target price of $21.50. It is negative, as 24 investors sold Spectra Energy Partners, LP shares while 62 reduced holdings. RBC Capital Markets has "Sector Perform" rating and $33 target. The rating was maintained by FBR Capital on Wednesday, February 15 with "Outperform". The firm earned "Hold" rating on Thursday, July 6 by RBC Capital Markets.
Investors sentiment increased to 0.7 in 2016 Q4. Its down 0.21, from 1.53 in 2016Q3. It is positive, as 36 investors sold PBF shares while 70 reduced holdings. 30 funds opened positions while 47 raised stakes. On average, analysts forecast that NGL ENERGY PARTNERS will post $0.31 earnings per share for the current year. Credit Suisse Ag holds 245,348 shares. Tower Rech Lc (Trc) accumulated 0% or 38 shares. About 168,679 shares traded. Bb&T Corporation invested in 7,878 shares or 0.01% of the stock. First Trust Advsrs Ltd Partnership invested in 0.02% or 149,879 shares. Fifth Third Retail Bank invested in 874 shares or 0% of the stock. Alps Advisors Inc owns 6.65M shares for 1.03% of their portfolio. Stifel Nicolaus reiterated a "hold" rating and set a $13.00 target price (down from $15.00) on shares of Ngl Energy Partners Lp in a report on Friday, June 16th.
