Barclays PLC set a $55.00 target price on shares of Noble Midstream Partners and gave the company a "buy" rating in a research note on Tuesday, May 2nd.
Walnut Private Equity Partners LLC maintained its position in shares of EQT Midstream Partners, LP (NYSE:EQM) during the second quarter, according to its most recent disclosure with the SEC. Its Gathering and Compression segment collects and transports natural gas through a network of gathering pipelines and compressor stations. The Transportation and Storage segment offers interstate and intrastate natural gas pipeline transportation and storage service to natural gas producers, utilities and industrial customers.
Stock market analysts watching American Midstream Partners, LP (NYSE:AMID) have recently changed their ratings on the stock.
10/25/2016 - American Midstream Partners, LP had its " rating reiterated by analysts at RBC Capital. Morgan Stanley lifted their price target on shares of Hess Midstream Partners from $25.00 to $26.00 and gave the stock an equal weight rating in a research note on Friday, July 14th. Royal Bank Of Canada reaffirmed a hold rating and issued a $18.00 target price on shares of Enable Midstream Partners, in a research note on Tuesday, June 6th. Finally, Guggenheim started coverage on EnLink Midstream Partners, in a research note on Tuesday, April 18th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. They set an overweight rating and a $30.00 target price on the stock.
Enable Midstream Partners, (ENBL) traded down 0.78% during trading on Monday, reaching $15.31. Atlantic Trust Group LLC now owns 1,581,678 shares of the pipeline company's stock valued at $52,448,000 after buying an additional 400,139 shares in the last quarter. The stock's market capitalization is 740.31M, it has a 52-week low of 10.51 and a 52-week high of 18.45.
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.More news: Gwynne Dyer: Reservoir dogs in the White House
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Shares of Magellan Midstream Partners L.P. (MMP) opened at 69.76 on Tuesday. The pipeline company reported $0.98 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.90 by $0.08. The firm had revenue of $138.30 million during the quarter, compared to analyst estimates of $111.37 million. Enable Midstream Partners, "s quarterly revenue was up 18.3% compared to the same quarter previous year". Analysts forecast that Hess Midstream Partners will post $0.98 EPS for the current fiscal year.
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The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 11th. The dividend was $0.270 per share for the quarter or $1.08 annualized. Antero Midstream Partners's dividend payout ratio (DPR) is 86.49%. Homrich & Berg boosted its stake in shares of Delek Logistics Partners, L.P.by 3.1% in the first quarter. The shares were purchased at an average price of $31.09 per share, with a total value of $143,542.53. As of the end of the quarter Alps Advisors Inc had bought a total of 40 shares growing its holdings by 0.3%.
Institutional investors have recently made changes to their positions in the company. Acadian Asset Management LLC purchased a new position in shares of Hess Midstream Partners during the second quarter valued at about $119,000. Brookfield Asset Management Inc. now owns 930,500 shares of the pipeline company's stock valued at $14,637,000 after buying an additional 921,000 shares during the last quarter.
Magellan Midstream Partners, L.P.is principally engaged in the transportation, storage and distribution of refined petroleum products and crude oil. Bank of Montreal Can now owns 1,092,190 shares of the pipeline company's stock valued at $81,510,000 after buying an additional 221,005 shares during the period. As of quarter end Bank Of New York Mellon Corp had acquired 211 shares growing its stake by 21,100.0%. Lucas Capital Management purchased a new position in shares of Hess Midstream Partners during the second quarter valued at about $624,000. Finally, Linscomb & Williams Inc. bought a new stake in EnLink Midstream Partners, during the first quarter worth approximately $195,000. It is a midstream master limited partnership formed by Duke Energy Field Services to own, operate, acquire and develop a diversified portfolio of complementary midstream assets. The Company's segments include the Utica Shale, which includes its ownership interest in Ohio Gathering, as well as Summit Utica; the Williston Basin, which includes Bison Midstream, Polar and Divide and Tioga Midstream; the Marcellus Shale, which includes Mountaineer Midstream; the Barnett Shale, which includes DFW Midstream Services LLC (DFW Midstream), and the Piceance Basin /DJ Basins, which includes Grand River and Niobrara G&P.