22 August, 2017
The stock of Plains All American Pipeline, L.P. (NYSE:PAA) has "Outperform" rating given on Thursday, December 10 by Robert W. Baird. Robert W. Baird has "Outperform" rating and $37 target.
Over the past 50 days, Plains GP Holdings, L.P. stock's -28.61% off of the high and 1.07% removed from the low.
Several other research firms have also weighed in on PAGP. Macquarie Research maintained the shares of PAGP in report on Monday, April 24 with "Outperform" rating.
Plains All American Pipeline, L.P. (PAA) now has P/E (Price to Earnings) ratio of 14.88 while the company's industry has 40.55 P/E and the sector P/E is 16.71. The rating was downgraded by RBC Capital Markets to "Sector Perform" on Monday, January 18. Arizona State Retirement Sys reported 93,400 shares or 0.06% of all its holdings. The firm has "Hold" rating given on Wednesday, August 31 by Wunderlich.
Rothschild Investment Corp decreased Hologic Inc Com (HOLX) stake by 40.06% reported in 2016Q4 SEC filing. Quest Investment Management Inc acquired 230,386 shares as Verizon Communications Com (VZ)'s stock declined 7.66%. The pipeline company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by $0.05. About 200 shares traded. Columbia Sportswear Company (NASDAQ:COLM) has risen 0.63% since August 21, 2016 and is uptrending.
Plains GP Holdings, L.P., launched on July 17, 2013, owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids (NGL), natural gas and refined products. The company has market cap of $13.78 billion. The Firm operates through three divisions: Transportation, Facilities, and Supply and Logistics. Similarly, the company's last 5 years high P/E ratio is 75.24 and low P/E is 18.5, whereas, the industry's and sector's high P/E for the past year is 171.17 and 26.05 respectively and low P/E ratio for the last 5 years is 12.47 for the industry and 10.08 for the Sector. Through its three business segments, the Company is involved in the transportation, storage, terminaling and marketing of crude oil, NGL and natural gas.
It closed at $19.77 lastly. Rothschild Investment Corp IL increased its position in shares of Plains All American Pipeline, L.P.by 3.1% in the second quarter. It has underperformed by 7.15% the S&P500.
Investors sentiment decreased to 0.84 in Q4 2016.
Beta is also an important valuation ratio for analyzing the stock of the company, PAA has Beta of 1.11 while its industry and Sector's beta remains at 0.97 and 0.81 respectively.
Plains All American Pipeline, L.P. (NYSE:PAA) had its target price reduced by BMO Capital Markets from $31.00 to $22.00 in a research report released on Friday morning, MarketBeat reports. 0 funds opened positions while 0 raised stakes. Chickasaw Capital Management LLC boosted its stake in shares of Plains Group Holdings, L.P.by 9.7% in the first quarter. Bush Odonnell Invest holds 0.57% of its portfolio in Plains GP Holdings LP (NYSE:PAGP) for 24,533 shares. Moreover, Terril Brothers has 8.71% invested in Plains GP Holdings LP (NYSE:PAGP). Fifth Third National Bank & Trust stated it has 1,796 shares. West Family Investments stated it has 0.11% of its portfolio in Plains GP Holdings LP (NYSE:PAGP). Toronto Dominion Financial Bank holds 208,467 shares or 0.1% of its portfolio. Renaissance Technologies LLC now owns 1,921,614 shares of the pipeline company's stock worth $50,481,000 after buying an additional 1,728,100 shares during the period.
Investors sentiment increased to 1.33 in 2016 Q4. On average, equities research analysts forecast that Plains All American Pipeline, L.P. will post $1.50 EPS for the current year. It improved, as 60 investors sold VZ shares while 658 reduced holdings. Tru Of Toledo Na Oh invested 0.98% of its portfolio in Verizon Communications Inc. 7,254 are owned by Advsr Limited Liability Corporation.
Prudential Financial, Inc. (PRU) knifed -0.69 percent lower and now trades for $101.95. Veritable Ltd Partnership holds 0.09% or 108,833 shares. Stanley has invested 1.29% of its portfolio in Verizon Communications Inc. Moreover, Gilman Hill Asset Management Llc has 2.26% invested in the company for 322,233 shares. Life Trust invested 0.93% in Verizon Communications Inc.
Plains Group Holdings, L.P. had a net margin of 0.34% and a return on equity of 0.69%.
In related news, EVP Richard K. Mcgee bought 2,500 shares of the stock in a transaction dated Thursday, August 10th. The California-based Schnieders Capital Mgmt Limited Liability has invested 2.4% in Verizon Communications Inc.