Were Analysts Bearish Summit Midstream Partners LP (NYSE:SMLP) This Week?

The rating was downgraded by Howard Weil on Tuesday, December 15 to "Sector Perform". The rating was maintained by Argus Research on Monday, March 21 with "Buy". The firm has "Outperform" rating by Robert W. Baird given on Friday, August 12. Morgan Stanley has "Underweight" rating and $6 target. Citigroup Inc. upgraded shares of Magellan Midstream Partners L.P. from a "neutral" rating to a "buy" rating and set a $82.00 price target for the company in a research note on Thursday, September 21st. As per Thursday, July 23, the company rating was downgraded by Hilliard Lyons. The ex-dividend date is Wednesday, November 9th. The rating was maintained by RBC Capital Markets with "Hold" on Tuesday, June 20. The firm has "Outperform" rating by Wells Fargo given on Wednesday, January 11.

Since June 6, 2017, it had 0 buys, and 2 sales for $327,017 activity. Another trade for 8,000 shares valued at $600,000 was made by May Douglas J on Wednesday, May 24. The company has market cap of $1.44 billion. The Firm is engaged in providing water or wastewater services concentrated in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana and Virginia. It has a 18.35 P/E ratio.

Several firms have updated their holdings. About 111,420 shares traded. Shareholders of record on Monday, November 6th will be given a $0.3025 dividend. It has underperformed by 9.99% the S&P500.

Investors sentiment decreased to 1.16 in 2017 Q2. With short interest at 1,426,876 and short average daily volume at 262,719, the short-interest ratio is 5.0 and the percentage of shorted shares was 0.02% on October 31. It improved, as 38 investors sold Magellan Midstream Partners, L.P. shares while 153 reduced holdings. 26 funds opened positions while 122 raised stakes. Doheny Asset Mngmt Ca has 0.45% invested in Callidus Software Inc. Ameritas Invest Prns Incorporated invested in 145 shares or 0% of the stock. Tower Rech Cap Limited Liability (Trc) holds 0% or 396 shares in its portfolio.

The stock of Sunshine Heart Inc (NASDAQ:CHFS) is a huge mover today! Jpmorgan Chase, New York-based fund reported 142,480 shares. One Natl Association has 0.06% invested in Expedia Inc (NASDAQ:EXPE). 14,469 are owned by Roffman Miller Associate Pa. Fincl Ser owns 892 shares or 0.03% of their United States portfolio. First Mercantile Tru Communication invested 0.09% of its portfolio in CDW Corp (NASDAQ:CDW). Wellington Gp Ltd Liability Partnership holds 7.76 million shares or 0.11% of its portfolio. OH now owns 156,900 shares of the pipeline company's stock valued at $11,709,000 after acquiring an additional 49,500 shares during the last quarter. Commerzbank Aktiengesellschaft Fi has invested 0.01% in Aqua America Inc (NYSE:WTR).

Investors sentiment increased to 0.9 in Q2 2017. Its up 0.07, from 0.83 in 2017Q1. 23 funds opened positions while 65 raised stakes. 131.72 million shares or 0.48% less from 132.35 million shares in 2017Q1 were reported. Sessa Capital Im Ltd Partnership holds 61,950 shares. Cetera Advisor Ntwk Lc has invested 0.03% in Magellan Midstream Partners, L.P. (NYSE:MMP). Moreover, Nelson Roberts Investment Advisors Llc has 0.01% invested in the company for 300 shares. Jane Street Grp Limited Liability Corporation accumulated 50,776 shares. Marshall Wace LLP purchased a new stake in shares of Enable Midstream Partners during the second quarter valued at about $245,000. The Florida-based Raymond James Fincl Svcs Advsr Inc has invested 0.02% in EQT Midstream Partners LP (NYSE:EQM). Diversified Commerce owns 25,190 shares for 0.07% of their portfolio. Icon Advisers Incorporated reported 74,000 shares.

EQT Midstream Partners, LP (EQM) owns, operates, acquires and develops midstream assets in the Appalachian Basin. Ameriprise accumulated 461,036 shares or 0.01% of the stock. Acrospire Investment Management LLC raised its position in Magellan Midstream Partners L.P.by 340.0% in the second quarter. Captrust Finance Advsrs accumulated 913 shares.

Since May 30, 2017, it had 0 insider buys, and 1 sale for $1.17 million activity. The correct version of this story can be viewed at https://www.dispatchtribunal.com/2017/11/14/magellan-midstream-partners-l-p-mmp-shares-bought-by-center-coast-capital-advisors-lp.html.

Among 18 analysts covering Antero Midstream Partners LP (NYSE:AM), 17 have Buy rating, 0 Sell and 1 Hold. They expect $0.03 earnings per share, down 81.25% or $0.13 from last year's $0.16 per share. MMP's profit will be $243.99 million for 15.47 P/E if the $1.07 EPS becomes a reality. This is an increase from American Midstream Partners, 's previous quarterly dividend of $0.41.

Shares of Magellan Midstream Partners L.P. The stock presently has an average rating of "Hold" and a consensus price target of $79.04. Therefore 75% are positive. Summit Midstream Partners had 26 analyst reports since August 7, 2015 according to SRatingsIntel. Goldman Sachs Group Inc. now owns 1,008,837 shares of the pipeline company's stock valued at $29,105,000 after purchasing an additional 67,999 shares in the last quarter. Wolfe Research initiated coverage on Enable Midstream Partners in a research note on Friday, October 7th. As per Sunday, October 15, the company rating was maintained by RBC Capital Markets. Credit Suisse Group lowered their price target on shares of DCP Midstream Partners, from $44.00 to $40.00 and set a neutral rating on the stock in a report on Tuesday, August 8th. As per Tuesday, February 9, the company rating was initiated by Credit Suisse.

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