24 July, 2017
The share price of Tallgrass Energy GP, LP (NYSE:TEGP) was down -0.11% during the last trading session, with a day high of 26.52. TEP's profit will be $50.21M for 18.62 P/E if the $0.69 EPS becomes a reality. On average, equities analysts anticipate that Tallgrass Energy GP, LP will post $0.92 earnings per share for the current year. Moreover, Oxbow Advisors Llc has 3.5% invested in the company for 590,475 shares.
BNP Paribas Arbitrage SA acquired a new position in Tallgrass Energy GP, LP (NYSE:TEGP) during the first quarter, according to its most recent disclosure with the SEC. It has underperformed by 14.15% the S&P500. Envestnet Asset Mngmt has invested 0% in Tallgrass Energy Partners LP (NYSE:TEP). The company has a market cap of $1.51 billion, a P/E ratio of 42.82 and a beta of 2.17. TEP's segments include Crude Oil Transportation & Logistics, which is involved in the ownership and operation of a crude oil pipeline system, and crude oil storage and terminaling facilities; Natural Gas Transportation & Logistics, which is involved in the ownership and operation of interstate natural gas pipelines and integrated natural gas storage facilities; Processing & Logistics, which is involved in the ownership and operation of natural gas processing, treating and fractionation facilities, and the provision of water business services to the oil and gas exploration and production industry, and Corporate and Other. Also, it has an estimated price-earnings (P/E) multiple of 15.86 and a trailing 12-month price-earnings (P/E) multiple of 18.79. Zacks Investment Research upgraded shares of Tallgrass Energy GP, from a hold rating to a strong-buy rating and set a $33.00 target price on the stock in a research report on Thursday, April 13th. Therefore 60% are positive. TheStreet upgraded shares of Tallgrass Energy GP, from an e+ rating to a c rating in a research report on Wednesday, May 17th. The company was maintained on Monday, June 12 by Jefferies. The company now has an average rating of Hold and an average target price of $28.90. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company's stock. On Monday, February 8 the stock rating was downgraded by Robert W. Baird to "Neutral". Morgan Stanley reiterated an "equal weight" rating and issued a $29.00 price target (up from $28.00) on shares of Tallgrass Energy GP, in a report on Friday, July 14th.
05/02/2016 - Tallgrass Energy GP, LP had its " rating reiterated by analysts at Barclays. They set a "hold" rating and a $58.00 price target for the company. Stifel Nicolaus maintained Tallgrass Energy Partners LP (NYSE:TEP) on Thursday, July 13 with "Buy" rating. The firm earned "Outperform" rating on Thursday, February 18 by RBC Capital Markets. Macquarie started coverage on Tallgrass Energy Partners, in a research report on Friday, April 21st.
Investors sentiment decreased to 1.02 in 2016 Q4. Its down 0.05, from 1.03 in 2016Q3. 11 funds opened positions while 37 raised stakes.
Tallgrass Energy Partners, LP (NYSE:TEP)'s stock had its "buy" rating reissued by stock analysts at Scotiabank in a research note issued to investors on Friday. The Pennsylvania Trust Co holds 57,177 shares with $1.53 million value, down from 133,252 last quarter. Tiedemann Wealth Ltd Liability accumulated 0.86% or 181,885 shares. Tallgrass Energy Partners, had a net margin of 48.06% and a return on equity of 18.77%. Shareholders of record on Friday, July 28th will be paid a dividend of $0.925 per share. Segall Bryant And Hamill Ltd Liability holds 28,819 shares or 0.02% of its portfolio. Swiss Bank reported 294,700 shares stake. Northern Tru has 0% invested in Tallgrass Energy Partners LP (NYSE:TEP) for 36,292 shares. BP Capital Fund Advisors LLC increased its position in Tallgrass Energy Partners, by 135.6% in the first quarter. Amalgamated Bank, a New York-based fund reported 29,404 shares. Alps invested in 2.86 million shares. FMR LLC purchased a new position in Tallgrass Energy GP, during the fourth quarter valued at $12,006,000.
Since February 1, 2017, it had 0 insider buys, and 5 insider sales for $71,781 activity. Abbvie Inc had 43 analyst reports since July 21, 2015 according to SRatingsIntel. Twilio Inc. (NYSE:TWLO) earnings have declined with a quarterly rate of 0% over the last 5 years. After $0.66 actual earnings per share reported by Intel Corporation for the previous quarter, Wall Street now forecasts 3.03% EPS growth. Stifel holds 0% or 20,115 shares in its portfolio. Hancock Holding Co. now owns 23,185 shares of the pipeline company's stock worth $1,233,000 after buying an additional 4,303 shares in the last quarter. The stock had a trading volume of 219,260 shares. The New York-based Price Michael F has invested 7.93% in the stock.
Ratings analysis reveals 67% of Intel's analysts are positive. The stock was purchased at an average price of $46.47 per share, with a total value of $1,662,836.01. The firm earned "Underperform" rating on Wednesday, March 1 by Bernstein. The rating was reinitiated by Needham on Thursday, December 22 with "Buy". The firm has "Buy" rating given on Monday, September 19 by Mizuho. The rating was maintained by Needham on Tuesday, August 30 with "Buy".