Summit Midstream Partners LP (SMLP) Receives Average Rating of "Hold" from Analysts

Summit Midstream Partners LP (SMLP) Receives Average Rating of

Permal Asset Management Llc sold 22,100 shares as the company's stock declined 2.99% while stock markets rallied. After $1.04 actual earnings per share reported by Magellan Midstream Partners, L.P. for the previous quarter, Wall Street now forecasts -2.88% negative EPS growth. The Manufacturers Life Insurance Company now owns 3,613 shares of the pipeline company's stock worth $269,000 after purchasing an additional 1,198 shares during the period. About 48.48M shares traded or 12.98% up from the average. Summit Midstream Partners, LP (NYSE:SMLP) has risen 6.71% since February 23, 2017 and is uptrending. It has outperformed by 4.96% the S&P500.

Virtu Financial Llc decreased its stake in Eqt Midstream Partners Lp (EQM) by 43.25% based on its latest 2017Q3 regulatory filing with the SEC. Vaughan Nelson Investment Management Lp sold 427,700 shares as Oasis Pete Inc New (OAS)'s stock declined 14.07%. The company had revenue of $806.00 million for the quarter, compared to the consensus estimate of $678.22 million. It has ranged in price between $64.68-$66.17 after having started the session at $65.56 as compared to the previous trading day's close of $65.44. About 129,856 shares traded. It has underperformed by 9.99% the S&P500. It also increased its holding in New Residential Invt Corp (NYSE:NRZ) by 26,800 shares in the quarter, for a total of 167,500 shares, and has risen its stake in Apollo Coml Real Est Fin Inc (NYSE:ARI).

Among 13 analysts covering EQT Midstream Partners (NYSE:EQM), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 41% are positive. Shell Midstream Partners had 24 analyst reports since July 2, 2015 according to SRatingsIntel. RBC Capital Markets maintained Enable Midstream Partners, LP (NYSE:ENBL) on Thursday, November 5 with "Sector Perform" rating. HMI Capital LLC now owns 5,806,686 shares of the pipeline company's stock valued at $119,037,000 after purchasing an additional 652,422 shares during the last quarter. Credit Suisse upgraded the stock to "Outperform" rating in Thursday, March 17 report. The firm has "Outperform" rating given on Monday, October 26 by Credit Suisse. The ex-dividend date of this dividend was Thursday, February 1st. The company was maintained on Monday, June 19 by RBC Capital Markets. As per Tuesday, December 12, the company rating was maintained by Williams Capital Group. The firm earned "Buy" rating on Monday, December 19 by Ladenburg Thalmann. Stifel Nicolaus maintained the shares of TXN in report on Wednesday, October 25 with "Hold" rating. The stock of Magellan Midstream Partners, L.P. (NYSE:MMP) earned "Hold" rating by RBC Capital Markets on Sunday, October 1. Edge Wealth Mgmt Lc has 0.57% invested in Magellan Midstream Partners, L.P. (NYSE:MMP) for 26,675 shares. During the same period in the prior year, the firm earned $0.17 earnings per share. MMP's profit will be $230.48 million for 16.10 P/E if the $1.01 EPS becomes a reality. Martin Midstream Partners L.P. has a 1-year low of $12.70 and a 1-year high of $20.55. Its up 0.33, from 0.82 in 2017Q2. It increased, as 55 investors sold TXN shares while 333 reduced holdings.

A number of hedge funds have recently made changes to their positions in the stock. Sei Invs has 110,998 shares. Investors of record on Friday, February 2nd were given a dividend of $1.025 per share. Cushing Asset Management LP now owns 365,550 shares of the energy company's stock valued at $18,278,000 after purchasing an additional 2,156 shares during the last quarter. Metropolitan Life Insur Com stated it has 150,238 shares. The consensus earnings estimates for the company have stabilized at US$1.03 per share. The Fairview Capital Investment Management Llc holds 384,835 shares with $27.35M value, up from 373,149 last quarter. Bluecrest Capital Mngmt Limited reported 0.19% of its portfolio in Oasis Petroleum Inc. JPMorgan Chase & Co. cut Enable Midstream Partners from an overweight rating to a neutral rating in a research report on Tuesday, November 21st. Moreover, Creative Planning has 0.01% invested in EQT Midstream Partners, LP (NYSE:EQM) for 17,235 shares. Invesco invested 0.07% of its portfolio in The Mosaic Company (NYSE:MOS). Samson Ltd Liability Company holds 90,268 shares or 6.95% of its portfolio. (NYSE:OAS). Laurion Capital Management Limited Partnership has invested 0% in Oasis Petroleum Inc. Patten Grp Incorporated owns 137 shares. 200,000 are held by Jabre Capital Prtnrs. Montana-based Davidson Inv Advisors has invested 0.65% in The Mosaic Company (NYSE:MOS).

Investors sentiment increased to 1.37 in Q3 2017.

Since January 1, 0001, it had 0 insider purchases, and 2 insider sales for $1.93 million activity. 114 funds opened positions while 237 raised stakes. 258.00 million shares or 0.68% less from 259.77 million shares in 2017Q2 were reported. 51,032 shares were sold by CRUTCHER BRIAN T, worth $5.58 million. Fdx Advsr reported 0.13% stake. Brown Brothers Harriman And reported 0% stake. (NASDAQ:MU). Eidelman Virant accumulated 95,865 shares. 3,600 are owned by Df Dent & Inc. (NASDAQ:MU) for 50,911 shares. State Bank Of New York Mellon reported 0.01% in Rice Energy Inc. Sunbelt Secs Inc holds 0.62% or 8,250 shares in its portfolio. Aviva Public Ltd Co stated it has 222,537 shares or 0.03% of all its holdings. John G Ullman & Associates reported 0.07% in Micron Technology, Inc. Mitchell Mcleod Pugh And Williams Inc holds 1.28% or 24,417 shares in its portfolio.

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