06 August, 2017
Zacks Investment Research downgraded shares of Dominion Energy Midstream Partners LP (NYSE:DM) from a hold rating to a strong sell rating in a research report report published on Friday. Zacks' EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Noble Midstream Partners. Scotiabank restated a buy rating and issued a $35.00 price objective on shares of Dominion Energy Midstream Partners in a research report on Thursday, April 27th. Mizuho lowered shares of Noble Midstream Partners from a "buy" rating to a "neutral" rating and set a $51.00 target price for the company.in a research note on Monday, July 10th.
NBLX has been the topic of several research analyst reports. Goldman Sachs began coverage of the stock by announcing an initial rating of "Buy" and price target of $30.00. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company.
Over the past 50 days, American Midstream Partners, LP stock's -5.67% off of the high and 27.48% removed from the low.
Year to date American Midstream Partners, LP (NYSE:AMID) is -22.25%, 5.99% over the last quarter, and -18.91% for the past six months.
Trading was heavy with 310K shares changing hands on Friday.
Magellan Midstream Partners L.P. has a one year low of $64.25 and a one year high of $81.77.
It is trading at $20.44 which is slightly above the 50 day moving average which is $20.43 and a tad under the 200 day moving average of $23.74. The stock has a market cap of $1.10 billion and a P/E ratio of 8.07. (NYSE:MMP) last posted its earnings results on Wednesday, August 2nd. The company reported $0.21 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.23 by $0.02. The firm had revenue of $619.40 million for the quarter, compared to analyst estimates of $561.70 million. During the same quarter a year ago, the firm earned $0.36 earnings per share. Analysts expect that Magellan Midstream Partners L.P. will post $3.91 EPS for the current fiscal year. (Rice Energy) and third parties in the Appalachian Basin. If you are viewing this news story on another site, it was illegally copied and reposted in violation of United States & worldwide copyright legislation. The original version of this article can be accessed at https://www.com-unik.info/2017/08/05/hess-midstream-partners-lp-nasdaqhesm-raised-to-buy-at-zacks-investment-research-updated-updated.html.
The company also announced a dividend paid on Thursday May 18th, 2017. Stockholders of record on Friday, August 4th will be paid a dividend of $0.288 per share. This represents a dividend yield of 0.02%. OppenheimerFunds Inc. boosted its position in shares of EnLink Midstream Partners by 1.1% in the first quarter. Cooper Companies, Inc. (The)'s dividend payout ratio is presently 0.90%.
Several hedge funds have recently modified their holdings of NBLX. JPMorgan Chase & Co. raised its position in shares of Noble Midstream Partners by 3.1% in the first quarter. LLC now owns 19,059 shares of the oil and gas producer's stock worth $481,000 after buying an additional 565 shares during the period. Founders Capital Management bought a new position in shares of Magellan Midstream Partners L.P. during the first quarter valued at approximately $109,000. LLC purchased a new position in shares of Noble Midstream Partners during the second quarter worth $198,000. Taylor Wealth Management Partners now owns 1,950 shares of the energy company's stock valued at $102,000 after buying an additional 950 shares during the last quarter. Alliancebernstein L.P. boosted its position in shares of Rice Midstream Partners by 40.6% in the first quarter. Walnut Private Equity Partners LLC owned approximately 0.09% of Magellan Midstream Partners L.P. worth $13,828,000 at the end of the most recent reporting period. Finally, Raymond James Financial Services Advisors Inc. boosted its position in shares of Rice Midstream Partners by 16.6% in the first quarter. Morgan Stanley now owns 6,071,147 shares of the oil and gas producer's stock valued at $111,102,000 after buying an additional 251,281 shares during the period. As of December 31, 2016, its asset portfolio, including the assets of its joint ventures, consisted of its refined products segment, consisting 9,700-mile refined products pipeline system with 53 terminals, as well as 26 independent terminals not connected to its pipeline system and its 1,100-mile ammonia pipeline system; its crude oil segment, consisted of approximately 2,200 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximately 26 million barrels, of which 16 million are used for contract storage, and its marine storage segment, consisted of five marine terminals located along coastal waterways with an aggregate storage capacity of approximately 26 million barrels. The Company is engaged in the business of gathering, compressing, treating, processing, transporting, storing and selling natural gas; producing, fractionating, transporting, storing and selling NGLs and recovering, and selling condensate, and transporting, storing and selling propane in wholesale markets.
