BidaskClub Upgrades Noble Midstream Partners LP (NBLX) to "Buy"

Magellan will build an approximately 60-mile 24-inch pipeline from Wink to Crane which serves as an origin to its Longhorn pipeline
Magellan Midstream Partners L.p. - MMP - Stock Price Today - Zacks
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11 September, 2017

Scotiabank set a $50.00 price objective on Noble Midstream Partners and gave the company a "buy" rating in a research report on Thursday, June 22nd. The firm owned 5,580 shares of the company's stock at the end of the fourth quarter.

Noble Midstream Partners LP (NBLX) traded down 0.08% during trading on Friday, reaching $47.78. JPMorgan Chase & Co. now owns 4,129 shares of the energy company's stock valued at $215,000 after acquiring an additional 125 shares in the last quarter. Magellan Midstream Partners, L.P. (NYSE:MMP) has risen 3.55% since September 10, 2016 and is uptrending.

Bernard Selz decreased its stake in Magellan Midstream Partners Lp (MMP) by 36.12% based on its latest 2016Q4 regulatory filing with the SEC. Kayne Anderson Capital Advisors Lp sold 103,400 shares as Magellan Midstream Prtnrs Lp (MMP)'s stock declined 7.68%. Camelot Portfolios LLC now owns 8,659 shares of the pipeline company's stock valued at $617,000 after buying an additional 28 shares during the last quarter. R-M Sincerbeaux Capital Management who had been investing in Magellan Midstream Prtnrs Lp for a number of months, seems to be less bullish one the $15.81B market cap company. About 31,270 shares traded. Magellan Midstream Partners, L.P. (NYSE:MMP) has risen 3.55% since September 10, 2016 and is uptrending. It has underperformed by 16.70% the S&P500. (USA) (NYSE:SU) news were published by: Fool.ca which released: "Suncor Energy Inc.: A Top TFSA Pick?" on September 05, 2017, also Fool.ca with their article: "Crescent Point Energy Corp. vs. Suncor Energy Inc.: Which Stock Is More ..." published on August 24, 2017, Fool.ca published: "Should You Own Suncor Energy Inc. or Toronto-Dominion Bank in Your TFSA ..." on August 16, 2017.

Investors sentiment increased to 1.27 in 2016 Q4. Its down 0.26, from 1.18 in 2016Q3. (NYSE:MMP) opened at 69.34 on Monday. Tower Research Capital LLC TRC increased its holdings in shares of Noble Midstream Partners by 2,540.5% during the first quarter. Clinton stated it has 14,840 shares. Renaissance Technology Limited Com invested in 0.01% or 481,300 shares. Aperio Llc accumulated 8,284 shares. Franklin Inc stated it has 0.05% in Allegheny Technologies Incorporated (NYSE:ATI). Brown Brothers Harriman owns 9,083 shares or 0% of their USA portfolio. Pnc Fincl Services Gp reported 0% stake. Raymond James Associates accumulated 29,856 shares. Rice Hall James Ltd Liability reported 80,646 shares or 0.04% of all its holdings. State Common Retirement Fund reported 0.01% of its portfolio in Pangaea Logistics Solutions Ltd (NASDAQ:PANL). Steinberg Asset Mngmt has 10,856 shares for 0.14% of their portfolio. $2.32 million worth of Pangaea Logistics Solutions Ltd (NASDAQ:PANL) was sold by Premutico Mauro on Friday, May 5. Therefore 15% are positive. Magellan Midstream Partners L.P. had 47 analyst reports since August 7, 2015 according to SRatingsIntel. Zacks Investment Research cut Noble Midstream Partners from a "hold" rating to a "sell" rating in a research report on Wednesday, July 19th. Mizuho downgraded the stock to "Underperform" rating in Monday, July 10 report. The company was downgraded on Tuesday, October 20 by Bank of America. The rating was downgraded by Wolfe Research on Tuesday, January 12 to "Peer Perform". On Friday, October 30 the stock rating was upgraded by National Bank Canada to "Outperform". The firm earned "Buy" rating on Wednesday, December 21 by Stifel Nicolaus. The company was downgraded on Thursday, February 2 by Berenberg. As per Wednesday, November 2, the company rating was upgraded by Morgan Stanley. Td Asset Management stated it has 0.07% in Pangaea Logistics Solutions Ltd (NASDAQ:PANL). (NASDAQ:EXPE) by 19,286 shares in the quarter, for a total of 320,838 shares, and has risen its stake in Asbury Automotive Group Inc. Oppenheimer Asset Management Inc.'s holdings in Magellan Midstream Partners L.P. were worth $990,000 at the end of the most recent reporting period.

Noble Midstream Partners (NYSE:NBLX) last issued its quarterly earnings results on Thursday, August 3rd. The stock decreased 0.55% or $0.18 on September 8, reaching $32.71. Its down 0.38, from 1.19 in 2016Q3. It improved, as 38 investors sold Magellan Midstream Partners, L.P. shares while 169 reduced holdings. Camelot Portfolios LLC raised its stake in Magellan Midstream Partners L.P.by 0.3% in the second quarter. The institutional investor owned 303,960 shares of the energy company's stock after selling 104,494 shares during the quarter. 2,356 were reported by Independent Portfolio Consultants Incorporated.

Oppenheimer Asset Management Inc. raised its holdings in Magellan Midstream Partners L.P. (NYSE:MMP) by 15.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The SI to Roadrunner Transportation System's float is 3.28%. Stockholders of record on Monday, August 7th were given a dividend of $0.4457 per share. Blair William & Commerce Il holds 0.22% or 328,814 shares. Qci Asset New York owns 200 shares. Moreover, Wagner Bowman Mgmt has 0.13% invested in Magellan Midstream Partners, L.P. (NYSE:MMP). Bnp Paribas Arbitrage Sa reported 657,660 shares. Vanguard Grp Inc Inc holds 537,750 shares. Capital Advisors Incorporated Ok has invested 0.07% of its portfolio in Magellan Midstream Partners, L.P. (NYSE:MMP). American Research And holds 10,888 shares. Tower Research Capital LLC TRC now owns 2,273 shares of the company's stock valued at $173,000 after buying an additional 2,242 shares in the last quarter. Zeke Cap Advsrs Limited Liability Corporation accumulated 0.18% or 8,800 shares. Los Angeles Mgmt Equity Research invested in 17,765 shares or 0% of the stock.


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